KOFUKU: 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.
KOFUKU
Largest movements
- Cash +€32,772
up €32,772 (+109%), from €30,144 to €62,916
mainly Receivables within one year (+€29,733) and Trade debts (+€26,574)
- Receivables within one year -€29,733
down €29,733 (-55.7%), from €53,341 to €23,608
of which Trade receivables: -€26,968
- Deferred charges and accrued income -€4,348
down €4,348 (-44.9%), from €9,691 to €5,343
- Tangible fixed assets +€2,433
up €2,433 (+15.8%), from €15,368 to €17,802
of which Other tangible fixed assets: +€5,166
- Tax, wage and social debts -€50,751
down €50,751 (-64.7%), from €78,407 to €27,657
of which Taxes: -€26,652
- Reserves +€39,952
up €39,952 (+170%), from €23,474 to €63,425
- Trade debts +€26,574
new in 2025: €26,574
- Profit (loss) carried forward -€20,065
no longer reported in 2025 (was €20,065)
- Other debts +€8,390
new in 2025: €8,390
- Staff costs +€66,272
up €66,272 (+21.0%), from €316,237 to €382,509
- Gross operating margin +€57,124
up €57,124 (+15.5%), from €369,525 to €426,649
- Other operating charges -€4,967
down €4,967 (-31.6%), from €15,737 to €10,771
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 | €129,743 | €131,046 | +€1,303 | +1.0% |
| Fixed assets | 21/28 | €15,368 | €17,802 | +€2,433 | +15.8% |
| Tangible fixed assets | 22/27 | €15,368 | €17,802 | +€2,433 | +15.8% |
| Land and buildings | 22 | €2,636 | €2,336 | -€300 | -11.4% |
| Plant, machinery and equipment | 23 | €5,916 | €4,979 | -€937 | -15.8% |
| Furniture and vehicles | 24 | €6,816 | €5,321 | -€1,495 | -21.9% |
| Other tangible fixed assets | 26 | - | €5,166 | +€5,166 | |
| Current assets | 29/58 | €114,374 | €113,244 | -€1,130 | -1.0% |
| Stocks and contracts in progress | 3 | €21,198 | €21,377 | +€179 | +0.8% |
| Stocks | 30/36 | €21,198 | €21,377 | +€179 | +0.8% |
| Amounts receivable within one year | 40/41 | €53,341 | €23,608 | -€29,733 | -55.7% |
| Trade receivables | 40 | €27,968 | €1,000 | -€26,968 | -96.4% |
| Other amounts receivable | 41 | €25,373 | €22,608 | -€2,765 | -10.9% |
| Cash at bank and in hand | 54/58 | €30,144 | €62,916 | +€32,772 | +109% |
| Deferred charges and accrued income | 490/1 | €9,691 | €5,343 | -€4,348 | -44.9% |
| Total equity and liabilities | 10/49 | €129,743 | €131,046 | +€1,303 | +1.0% |
| Equity | 10/15 | €48,538 | €68,425 | +€19,887 | +41.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €23,474 | €63,425 | +€39,952 | +170% |
| Distributable reserves | 133 | €23,474 | €63,425 | +€39,952 | +170% |
| Profit (loss) carried forward | 14 | €20,065 | - | -€20,065 | |
| Amounts payable | 17/49 | €81,205 | €62,620 | -€18,584 | -22.9% |
| Amounts payable within one year | 42/48 | €81,205 | €62,620 | -€18,584 | -22.9% |
| Financial debts | 43 | €2,797 | - | -€2,797 | |
| Credit institutions | 430/8 | €2,797 | - | -€2,797 | |
| Trade debts | 44 | - | €26,574 | +€26,574 | |
| Suppliers | 440/4 | - | €26,574 | +€26,574 | |
| Taxes, remuneration and social security | 45 | €78,407 | €27,657 | -€50,751 | -64.7% |
| Taxes | 450/3 | €41,602 | €14,949 | -€26,652 | -64.1% |
| Remuneration and social security | 454/9 | €36,806 | €12,707 | -€24,099 | -65.5% |
| Other amounts payable | 47/48 | - | €8,390 | +€8,390 | |
| Remuneration, social security and pensions | 62 | €316,237 | €382,509 | +€66,272 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,921 | €4,083 | +€1,162 | +39.8% |
| Other operating charges | 640/8 | €15,737 | €10,771 | -€4,967 | -31.6% |
| Gross operating margin | 9900 | €369,525 | €426,649 | +€57,124 | +15.5% |
| Operating profit (loss) | 9901 | €34,630 | €29,286 | -€5,344 | -15.4% |
| Financial income | 75/76B | €3 | €8 | +€5 | +163% |
| Recurring financial income | 75 | €3 | €8 | +€5 | +163% |
| Financial charges | 65/66B | €64 | €718 | +€654 | +1,015% |
| Recurring financial charges | 65 | €64 | €718 | +€654 | +1,015% |
| Profit (loss) for the period before taxes | 9903 | €34,568 | €28,575 | -€5,993 | -17.3% |
| Income taxes | 67/77 | €14,504 | €11,070 | -€3,434 | -23.7% |
| Profit (loss) for the period | 9904 | €20,065 | €17,506 | -€2,559 | -12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,065 | €17,506 | -€2,559 | -12.8% |
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 30 October 2026 via checked.be.