KOGA: 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.
KOGA
Largest movements
- Current investments +€100,000
new in 2024: €100,000
- Deferred charges and accrued income +€58,102
up €58,102 (+600,227%), from €10 to €58,112
- Receivables within one year +€54,026
up €54,026 (+97.6%), from €55,351 to €109,377
- Tangible fixed assets +€18,275
up €18,275 (+1,384%), from €1,320 to €19,595
of which Plant, machinery and equipment: +€14,944
- Cash +€6,933
up €6,933 (+6.3%), from €109,985 to €116,918
mainly Net result for the year (+€158,915) and Debts within one year (+€81,055)
- Profit (loss) carried forward +€158,915
up €158,915, from -€2,456 to €156,459
- Debts within one year +€81,055
up €81,055 (+48.5%), from €167,087 to €248,142
of which Tax, wage and social debts: +€84,034
- Gross operating margin +€390,057
up €390,057 (+53.1%), from €734,768 to €1.1m
- Staff costs +€210,919
up €210,919 (+28.1%), from €750,970 to €961,889
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €167,266 | €404,602 | +€237,336 | +142% |
| Fixed assets | 21/28 | €1,920 | €20,195 | +€18,275 | +952% |
| Tangible fixed assets | 22/27 | €1,320 | €19,595 | +€18,275 | +1,384% |
| Land and buildings | 22 | €1,320 | - | -€1,320 | |
| Plant, machinery and equipment | 23 | - | €14,944 | +€14,944 | |
| Furniture and vehicles | 24 | - | €4,651 | +€4,651 | |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €165,346 | €384,407 | +€219,061 | +132% |
| Amounts receivable within one year | 40/41 | €55,351 | €109,377 | +€54,026 | +97.6% |
| Trade receivables | 40 | €55,351 | €109,377 | +€54,026 | +97.6% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €109,985 | €116,918 | +€6,933 | +6.3% |
| Deferred charges and accrued income | 490/1 | €10 | €58,112 | +€58,102 | +600,227% |
| Total equity and liabilities | 10/49 | €167,266 | €404,602 | +€237,336 | +142% |
| Equity | 10/15 | -€2,456 | €156,459 | +€158,915 | |
| Profit (loss) carried forward | 14 | -€2,456 | €156,459 | +€158,915 | |
| Amounts payable | 17/49 | €169,722 | €248,142 | +€78,421 | +46.2% |
| Amounts payable within one year | 42/48 | €167,087 | €248,142 | +€81,055 | +48.5% |
| Trade debts | 44 | €72,717 | €66,399 | -€6,318 | -8.7% |
| Suppliers | 440/4 | €72,717 | €66,399 | -€6,318 | -8.7% |
| Taxes, remuneration and social security | 45 | €37,798 | €121,832 | +€84,034 | +222% |
| Remuneration and social security | 454/9 | €37,798 | €121,832 | +€84,034 | +222% |
| Accrued charges and deferred income | 492/3 | €2,635 | - | -€2,635 | |
| Remuneration, social security and pensions | 62 | €750,970 | €961,889 | +€210,919 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,321 | +€1,321 | |
| Other operating charges | 640/8 | €1,571 | €2,008 | +€437 | +27.8% |
| Gross operating margin | 9900 | €734,768 | €1,124,825 | +€390,057 | +53.1% |
| Operating profit (loss) | 9901 | -€17,772 | €159,607 | +€177,379 | |
| Financial income | 75/76B | €23 | €329 | +€306 | +1,307% |
| Recurring financial income | 75 | €23 | €329 | +€306 | +1,307% |
| Financial charges | 65/66B | €717 | €1,021 | +€304 | +42.3% |
| Recurring financial charges | 65 | €717 | €1,021 | +€304 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,466 | €158,915 | +€177,381 | |
| Profit (loss) for the period | 9904 | -€18,466 | €158,915 | +€177,381 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,466 | €158,915 | +€177,381 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.