KoenTechnics: what changed
Two financial 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.
KoenTechnics
Largest movements
- Tangible fixed assets +€35,983
up €35,983 (+673%), from €5,344 to €41,327
of which Leasing and similar rights: +€32,645
- Cash +€5,760
up €5,760 (+68.0%), from €8,465 to €14,226
mainly Debts after one year (+€24,227) and Net result for the year (+€5,862)
- Receivables within one year -€4,771
down €4,771 (-46.9%), from €10,175 to €5,404
of which Trade receivables: -€4,572
- Deferred charges and accrued income -€658
down €658 (-68.8%), from €957 to €299
- Debts after one year +€24,227
new in 2025: €24,227
- Reserves +€5,862
up €5,862 (+369%), from €1,588 to €7,451
- Current portion of long-term debt +€5,334
new in 2025: €5,334
- Other debts +€1,903
up €1,903 (+407%), from €467 to €2,371
- Trade debts -€1,010
down €1,010 (-11.5%), from €8,769 to €7,759
- Gross operating margin +€10,447
up €10,447 (+110%), from €9,464 to €19,911
- Depreciation +€4,783
up €4,783 (+746%), from €641 to €5,424
- Financial charges +€2,016
up €2,016 (+387%), from €520 to €2,537
- Staff costs +€1,109
up €1,109 (+129%), from €858 to €1,967
- Taxes +€552
up €552 (+25.2%), from €2,193 to €2,745
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.
Derived cash bridge
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 | €24,941 | €61,255 | +€36,315 | +146% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €5,344 | €41,327 | +€35,983 | +673% |
| Tangible fixed assets | 22/27 | €5,344 | €41,327 | +€35,983 | +673% |
| Land and buildings | 22 | - | €1,811 | +€1,811 | |
| Plant, machinery and equipment | 23 | €5,011 | €3,884 | -€1,128 | -22.5% |
| Furniture and vehicles | 24 | €332 | €2,988 | +€2,656 | +799% |
| Leasing and similar rights | 25 | - | €32,645 | +€32,645 | |
| Current assets | 29/58 | €19,597 | €19,928 | +€331 | +1.7% |
| Amounts receivable within one year | 40/41 | €10,175 | €5,404 | -€4,771 | -46.9% |
| Trade receivables | 40 | €9,368 | €4,796 | -€4,572 | -48.8% |
| Other amounts receivable | 41 | €806 | €607 | -€199 | -24.7% |
| Cash at bank and in hand | 54/58 | €8,465 | €14,226 | +€5,760 | +68.0% |
| Deferred charges and accrued income | 490/1 | €957 | €299 | -€658 | -68.8% |
| Total equity and liabilities | 10/49 | €24,941 | €61,255 | +€36,315 | +146% |
| Equity | 10/15 | €4,588 | €10,451 | +€5,862 | +128% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,588 | €7,451 | +€5,862 | +369% |
| Distributable reserves | 133 | €1,588 | €7,451 | +€5,862 | +369% |
| Amounts payable | 17/49 | €20,353 | €50,805 | +€30,452 | +150% |
| Amounts payable after more than one year | 17 | - | €24,227 | +€24,227 | |
| Financial debts | 170/4 | - | €24,227 | +€24,227 | |
| Amounts payable within one year | 42/48 | €20,353 | €26,578 | +€6,225 | +30.6% |
| Current portion of amounts payable after more than one year | 42 | - | €5,334 | +€5,334 | |
| Trade debts | 44 | €8,769 | €7,759 | -€1,010 | -11.5% |
| Suppliers | 440/4 | €8,769 | €7,759 | -€1,010 | -11.5% |
| Taxes, remuneration and social security | 45 | €11,116 | €11,114 | -€2 | 0.0% |
| Taxes | 450/3 | €8,358 | €8,864 | +€506 | +6.0% |
| Remuneration and social security | 454/9 | €2,758 | €2,250 | -€508 | -18.4% |
| Other amounts payable | 47/48 | €467 | €2,371 | +€1,903 | +407% |
| Non-recurring operating income | 76A | - | €8,862 | +€8,862 | |
| Remuneration, social security and pensions | 62 | €858 | €1,967 | +€1,109 | +129% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €641 | €5,424 | +€4,783 | +746% |
| Other operating charges | 640/8 | €1,049 | €1,377 | +€328 | +31.3% |
| Gross operating margin | 9900 | €9,464 | €19,911 | +€10,447 | +110% |
| Operating profit (loss) | 9901 | €6,916 | €11,142 | +€4,227 | +61.1% |
| Financial income | 75/76B | €0 | €2 | +€1 | +464% |
| Recurring financial income | 75 | €0 | €2 | +€1 | +464% |
| Financial charges | 65/66B | €520 | €2,537 | +€2,016 | +387% |
| Recurring financial charges | 65 | €520 | €2,537 | +€2,016 | +387% |
| Profit (loss) for the period before taxes | 9903 | €6,395 | €8,607 | +€2,212 | +34.6% |
| Income taxes | 67/77 | €2,193 | €2,745 | +€552 | +25.2% |
| Profit (loss) for the period | 9904 | €4,203 | €5,862 | +€1,659 | +39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,203 | €5,862 | +€1,659 | +39.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.