KOGIBRAND: what changed
Two fiscal 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.
KOGIBRAND
Largest movements
- Intangible fixed assets -€46,828
down €46,828 (-28.8%), from €162,742 to €115,914
- Tangible fixed assets -€15,281
down €15,281 (-46.3%), from €33,000 to €17,720
of which Furniture and vehicles: -€10,434
- Debts after one year -€35,765
down €35,765 (-49.5%), from €72,289 to €36,524
- Profit (loss) carried forward -€26,470
down €26,470 (-93.7%), from €28,237 to €1,767
- Trade debts -€7,609
down €7,609 (-20.7%), from €36,715 to €29,106
- Other debts +€3,931
up €3,931 (+7.6%), from €51,942 to €55,873
- Tax, wage and social debts +€2,718
up €2,718 (+7.9%), from €34,491 to €37,209
of which Remuneration and social security: +€2,410
- Staff costs +€27,910
up €27,910 (+14.8%), from €188,983 to €216,893
- Gross operating margin -€25,626
down €25,626 (-8.9%), from €286,591 to €260,965
- Other operating charges +€6,587
up €6,587 (+1430.5%), from €460 to €7,048
- Taxes -€5,988
down €5,988 (-100.0%), from €5,988 to €0
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 | €259,820 | €198,960 | -€60,860 | -23.4% |
| Fixed assets | 21/28 | €200,392 | €138,284 | -€62,108 | -31.0% |
| Intangible fixed assets | 21 | €162,742 | €115,914 | -€46,828 | -28.8% |
| Tangible fixed assets | 22/27 | €33,000 | €17,720 | -€15,281 | -46.3% |
| Plant, machinery and equipment | 23 | €19,436 | €14,589 | -€4,847 | -24.9% |
| Furniture and vehicles | 24 | €13,565 | €3,131 | -€10,434 | -76.9% |
| Financial fixed assets | 28 | €4,650 | €4,650 | = | 0.0% |
| Current assets | 29/58 | €59,428 | €60,676 | +€1,248 | +2.1% |
| Stocks and contracts in progress | 3 | €4,129 | €5,369 | +€1,241 | +30.1% |
| Stocks | 30/36 | €4,129 | €5,369 | +€1,241 | +30.1% |
| Amounts receivable within one year | 40/41 | €6,943 | €7,017 | +€74 | +1.1% |
| Trade receivables | 40 | €6,943 | €7,009 | +€66 | +0.9% |
| Other amounts receivable | 41 | - | €8 | +€8 | |
| Cash at bank and in hand | 54/58 | €48,356 | €48,290 | -€66 | -0.1% |
| Total equity and liabilities | 10/49 | €259,820 | €198,960 | -€60,860 | -23.4% |
| Equity | 10/15 | €28,238 | €1,768 | -€26,470 | -93.7% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,237 | €1,767 | -€26,470 | -93.7% |
| Amounts payable | 17/49 | €231,582 | €197,192 | -€34,390 | -14.9% |
| Amounts payable after more than one year | 17 | €72,289 | €36,524 | -€35,765 | -49.5% |
| Financial debts | 170/4 | €72,289 | €36,524 | -€35,765 | -49.5% |
| Amounts payable within one year | 42/48 | €157,164 | €157,952 | +€788 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €34,017 | €35,765 | +€1,748 | +5.1% |
| Trade debts | 44 | €36,715 | €29,106 | -€7,609 | -20.7% |
| Suppliers | 440/4 | €36,715 | €29,106 | -€7,609 | -20.7% |
| Taxes, remuneration and social security | 45 | €34,491 | €37,209 | +€2,718 | +7.9% |
| Taxes | 450/3 | €9,834 | €10,143 | +€309 | +3.1% |
| Remuneration and social security | 454/9 | €24,657 | €27,066 | +€2,410 | +9.8% |
| Other amounts payable | 47/48 | €51,942 | €55,873 | +€3,931 | +7.6% |
| Accrued charges and deferred income | 492/3 | €2,129 | €2,716 | +€587 | +27.6% |
| Remuneration, social security and pensions | 62 | €188,983 | €216,893 | +€27,910 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,872 | €56,494 | +€1,622 | +3.0% |
| Other operating charges | 640/8 | €460 | €7,048 | +€6,587 | +1430.5% |
| Gross operating margin | 9900 | €286,591 | €260,965 | -€25,626 | -8.9% |
| Operating profit (loss) | 9901 | €42,275 | -€19,470 | -€61,745 | |
| Financial income | 75/76B | €12 | €30 | +€18 | +145.7% |
| Recurring financial income | 75 | €12 | €30 | +€18 | +145.7% |
| Financial charges | 65/66B | €6,772 | €7,029 | +€258 | +3.8% |
| Recurring financial charges | 65 | €6,772 | €7,029 | +€258 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €35,515 | -€26,470 | -€61,985 | |
| Income taxes | 67/77 | €5,988 | €0 | -€5,988 | -100.0% |
| Profit (loss) for the period | 9904 | €29,527 | -€26,470 | -€55,997 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,527 | -€26,470 | -€55,997 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.