KOEKSTRAAT: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
KOEKSTRAAT
Largest movements
- Receivables after one year -€158,828
down €158,828 (-62.6%), from €253,828 to €95,000
- Cash -€96,041
down €96,041 (-93.9%), from €102,264 to €6,223
mainly Trade debts (-€143,194) and Accrued charges and deferred income (-€31,400)
- Tangible fixed assets +€17,633
up €17,633 (+57.9%), from €30,435 to €48,068
of which Land and buildings: +€11,617
- Receivables within one year +€11,383
up €11,383 (+22.5%), from €50,618 to €62,001
of which Other amounts receivable: +€16,474
- Trade debts -€143,194
down €143,194 (-97.7%), from €146,590 to €3,396
- Accrued charges and deferred income -€31,400
down €31,400 (-93.7%), from €33,523 to €2,123
- Advances received -€26,755
no longer reported in 2025 (was €26,755)
- Profit (loss) carried forward -€21,664
down €21,664 (-62.6%), from -€34,614 to -€56,279
- Gross operating margin -€12,561
down €12,561, from €12,429 to -€132
- Depreciation +€6,647
up €6,647 (+125.6%), from €5,291 to €11,937
- Taxes +€4,841
up €4,841 (+127.6%), from €3,794 to €8,635
- Financial charges -€427
down €427 (-44.1%), from €968 to €541
- Other operating charges +€348
up €348 (+111.6%), from €312 to €660
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €452,275 | €224,360 | -€227,915 | -50.4% |
| Fixed assets | 21/28 | €30,435 | €48,068 | +€17,633 | +57.9% |
| Tangible fixed assets | 22/27 | €30,435 | €48,068 | +€17,633 | +57.9% |
| Land and buildings | 22 | - | €11,617 | +€11,617 | |
| Plant, machinery and equipment | 23 | €11,512 | €12,721 | +€1,210 | +10.5% |
| Furniture and vehicles | 24 | €18,923 | €23,729 | +€4,807 | +25.4% |
| Current assets | 29/58 | €421,841 | €176,292 | -€245,548 | -58.2% |
| Amounts receivable after more than one year | 29 | €253,828 | €95,000 | -€158,828 | -62.6% |
| Other amounts receivable | 291 | €253,828 | €95,000 | -€158,828 | -62.6% |
| Stocks and contracts in progress | 3 | €10,618 | €9,500 | -€1,119 | -10.5% |
| Stocks | 30/36 | €10,618 | €9,500 | -€1,119 | -10.5% |
| Amounts receivable within one year | 40/41 | €50,618 | €62,001 | +€11,383 | +22.5% |
| Trade receivables | 40 | €12,351 | €7,260 | -€5,091 | -41.2% |
| Other amounts receivable | 41 | €38,267 | €54,741 | +€16,474 | +43.0% |
| Cash at bank and in hand | 54/58 | €102,264 | €6,223 | -€96,041 | -93.9% |
| Deferred charges and accrued income | 490/1 | €4,512 | €3,568 | -€943 | -20.9% |
| Total equity and liabilities | 10/49 | €452,275 | €224,360 | -€227,915 | -50.4% |
| Equity | 10/15 | €229,363 | €207,699 | -€21,664 | -9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €245,377 | €245,377 | = | 0.0% |
| Distributable reserves | 133 | €245,377 | €245,377 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,614 | -€56,279 | -€21,664 | -62.6% |
| Amounts payable | 17/49 | €222,912 | €16,661 | -€206,251 | -92.5% |
| Amounts payable within one year | 42/48 | €189,390 | €14,539 | -€174,851 | -92.3% |
| Trade debts | 44 | €146,590 | €3,396 | -€143,194 | -97.7% |
| Suppliers | 440/4 | €146,590 | €3,396 | -€143,194 | -97.7% |
| Advances received on contracts in progress | 46 | €26,755 | - | -€26,755 | |
| Taxes, remuneration and social security | 45 | €3,829 | €1,858 | -€1,970 | -51.5% |
| Taxes | 450/3 | €3,829 | €1,858 | -€1,970 | -51.5% |
| Other amounts payable | 47/48 | €12,216 | €9,285 | -€2,931 | -24.0% |
| Accrued charges and deferred income | 492/3 | €33,523 | €2,123 | -€31,400 | -93.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,291 | €11,937 | +€6,647 | +125.6% |
| Other operating charges | 640/8 | €312 | €660 | +€348 | +111.6% |
| Gross operating margin | 9900 | €12,429 | -€132 | -€12,561 | |
| Operating profit (loss) | 9901 | €6,826 | -€12,729 | -€19,556 | |
| Financial income | 75/76B | €54 | €242 | +€187 | +344.3% |
| Recurring financial income | 75 | €54 | €242 | +€187 | +344.3% |
| Financial charges | 65/66B | €968 | €541 | -€427 | -44.1% |
| Recurring financial charges | 65 | €968 | €541 | -€427 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €5,913 | -€13,029 | -€18,942 | |
| Income taxes | 67/77 | €3,794 | €8,635 | +€4,841 | +127.6% |
| Profit (loss) for the period | 9904 | €2,118 | -€21,664 | -€23,782 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,118 | -€21,664 | -€23,782 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.