KOERRIE: 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.
KOERRIE
Largest movements
- Cash +€39,738
up €39,738 (+95.1%), from €41,772 to €81,510
mainly Receivables within one year (+€37,675) and Net result for the year (+€37,154)
- Receivables within one year -€37,675
down €37,675 (-71.3%), from €52,862 to €15,187
of which Other amounts receivable: -€28,898
- Tangible fixed assets -€4,665
down €4,665 (-84.4%), from €5,525 to €861
- Reserves -€33,000
down €33,000 (-87.9%), from €37,541 to €4,541
- Other debts +€29,585
up €29,585 (+59.2%), from €50,000 to €79,585
- Gross operating margin -€18,710
down €18,710 (-26.3%), from €71,026 to €52,316
- Taxes -€3,687
down €3,687 (-26.1%), from €14,116 to €10,429
- Depreciation -€1,523
down €1,523 (-24.6%), from €6,188 to €4,665
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 | €100,159 | €97,998 | -€2,161 | -2.2% |
| Fixed assets | 21/28 | €5,525 | €1,206 | -€4,320 | -78.2% |
| Tangible fixed assets | 22/27 | €5,525 | €861 | -€4,665 | -84.4% |
| Furniture and vehicles | 24 | €5,525 | €861 | -€4,665 | -84.4% |
| Financial fixed assets | 28 | - | €345 | +€345 | |
| Current assets | 29/58 | €94,634 | €96,793 | +€2,159 | +2.3% |
| Amounts receivable within one year | 40/41 | €52,862 | €15,187 | -€37,675 | -71.3% |
| Trade receivables | 40 | €20,392 | €11,616 | -€8,776 | -43.0% |
| Other amounts receivable | 41 | €32,470 | €3,571 | -€28,898 | -89.0% |
| Cash at bank and in hand | 54/58 | €41,772 | €81,510 | +€39,738 | +95.1% |
| Deferred charges and accrued income | 490/1 | - | €95 | +€95 | |
| Total equity and liabilities | 10/49 | €100,159 | €97,998 | -€2,161 | -2.2% |
| Equity | 10/15 | €44,541 | €11,541 | -€33,000 | -74.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €37,541 | €4,541 | -€33,000 | -87.9% |
| Distributable reserves | 133 | €37,541 | €4,541 | -€33,000 | -87.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €55,618 | €86,457 | +€30,839 | +55.4% |
| Amounts payable within one year | 42/48 | €55,618 | €86,457 | +€30,839 | +55.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €124 | €921 | +€797 | +645% |
| Suppliers | 440/4 | €124 | €921 | +€797 | +645% |
| Taxes, remuneration and social security | 45 | €5,495 | €5,952 | +€457 | +8.3% |
| Taxes | 450/3 | €5,495 | €5,952 | +€457 | +8.3% |
| Other amounts payable | 47/48 | €50,000 | €79,585 | +€29,585 | +59.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,188 | €4,665 | -€1,523 | -24.6% |
| Other operating charges | 640/8 | €164 | €0 | -€164 | -100% |
| Gross operating margin | 9900 | €71,026 | €52,316 | -€18,710 | -26.3% |
| Operating profit (loss) | 9901 | €64,675 | €47,652 | -€17,023 | -26.3% |
| Financial charges | 65/66B | €74 | €69 | -€6 | -7.5% |
| Recurring financial charges | 65 | €74 | €69 | -€6 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €64,600 | €47,583 | -€17,017 | -26.3% |
| Income taxes | 67/77 | €14,116 | €10,429 | -€3,687 | -26.1% |
| Profit (loss) for the period | 9904 | €50,484 | €37,154 | -€13,330 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €50,484 | €37,154 | -€13,330 | -26.4% |
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 26 October 2026 via checked.be.