KOFI: 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.
KOFI
Largest movements
- Tangible fixed assets -€5,104
down €5,104 (-10.9%), from €46,954 to €41,850
of which Plant, machinery and equipment: -€3,879
- Receivables within one year -€4,992
down €4,992 (-53.4%), from €9,350 to €4,358
of which Trade receivables: -€4,992
- Stocks and contracts -€1,289
down €1,289 (-10.6%), from €12,176 to €10,886
- Cash +€769
up €769 (+13.5%), from €5,695 to €6,464
mainly Other debts (+€26,241) and Depreciation (+€6,582)
- Other debts +€26,241
up €26,241 (+813.3%), from €3,226 to €29,467
- Reserves -€25,707
down €25,707 (-85.4%), from €30,117 to €4,410
- Debts after one year -€10,734
down €10,734 (-44.0%), from €24,370 to €13,636
- Tax, wage and social debts -€857
down €857 (-27.7%), from €3,094 to €2,237
- Gross operating margin -€2,698
down €2,698 (-15.5%), from €17,352 to €14,655
- Depreciation -€726
down €726 (-9.9%), from €7,308 to €6,582
- Taxes -€489
down €489 (-16.6%), from €2,952 to €2,462
- Financial charges -€175
down €175 (-20.3%), from €864 to €689
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 | €74,429 | €63,964 | -€10,465 | -14.1% |
| Fixed assets | 21/28 | €46,954 | €41,850 | -€5,104 | -10.9% |
| Tangible fixed assets | 22/27 | €46,954 | €41,850 | -€5,104 | -10.9% |
| Plant, machinery and equipment | 23 | €40,164 | €36,286 | -€3,879 | -9.7% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €6,790 | €5,565 | -€1,225 | -18.0% |
| Current assets | 29/58 | €27,475 | €22,114 | -€5,361 | -19.5% |
| Stocks and contracts in progress | 3 | €12,176 | €10,886 | -€1,289 | -10.6% |
| Stocks | 30/36 | €12,176 | €10,886 | -€1,289 | -10.6% |
| Amounts receivable within one year | 40/41 | €9,350 | €4,358 | -€4,992 | -53.4% |
| Trade receivables | 40 | €9,350 | €4,358 | -€4,992 | -53.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €5,695 | €6,464 | +€769 | +13.5% |
| Deferred charges and accrued income | 490/1 | €255 | €405 | +€151 | +59.3% |
| Total equity and liabilities | 10/49 | €74,429 | €63,964 | -€10,465 | -14.1% |
| Equity | 10/15 | €32,617 | €6,910 | -€25,707 | -78.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €30,117 | €4,410 | -€25,707 | -85.4% |
| Distributable reserves | 133 | €30,117 | €4,410 | -€25,707 | -85.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €41,812 | €57,054 | +€15,242 | +36.5% |
| Amounts payable after more than one year | 17 | €24,370 | €13,636 | -€10,734 | -44.0% |
| Financial debts | 170/4 | €24,370 | €13,636 | -€10,734 | -44.0% |
| Amounts payable within one year | 42/48 | €17,442 | €43,418 | +€25,976 | +148.9% |
| Current portion of amounts payable after more than one year | 42 | €10,552 | €10,734 | +€182 | +1.7% |
| Trade debts | 44 | €570 | €980 | +€410 | +71.9% |
| Suppliers | 440/4 | €570 | €980 | +€410 | +71.9% |
| Taxes, remuneration and social security | 45 | €3,094 | €2,237 | -€857 | -27.7% |
| Taxes | 450/3 | €3,094 | €2,237 | -€857 | -27.7% |
| Other amounts payable | 47/48 | €3,226 | €29,467 | +€26,241 | +813.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,308 | €6,582 | -€726 | -9.9% |
| Other operating charges | 640/8 | €499 | €512 | +€12 | +2.5% |
| Gross operating margin | 9900 | €17,352 | €14,655 | -€2,698 | -15.5% |
| Operating profit (loss) | 9901 | €9,545 | €7,561 | -€1,984 | -20.8% |
| Financial income | 75/76B | €7 | €0 | -€7 | -95.5% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -95.5% |
| Financial charges | 65/66B | €864 | €689 | -€175 | -20.3% |
| Recurring financial charges | 65 | €864 | €689 | -€175 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €8,688 | €6,873 | -€1,815 | -20.9% |
| Income taxes | 67/77 | €2,952 | €2,462 | -€489 | -16.6% |
| Profit (loss) for the period | 9904 | €5,736 | €4,410 | -€1,326 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,736 | €4,410 | -€1,326 | -23.1% |
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 9 October 2026 via checked.be.