Kohacon: 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.
Kohacon
Largest movements
- Cash -€8,656
down €8,656 (-16.4%), from €52,664 to €44,009
mainly Contributions, distributions and other (-€66,000) and Other debts (-€859)
- Tangible fixed assets -€4,382
down €4,382 (-27.1%), from €16,200 to €11,818
of which Furniture and vehicles: -€2,561
- Receivables within one year -€1,238
down €1,238 (-4.2%), from €29,189 to €27,951
of which Other amounts receivable: -€1,662
- Reserves -€21,782
down €21,782 (-32.6%), from €66,878 to €45,096
- Tax, wage and social debts +€5,942
up €5,942 (+216.4%), from €2,746 to €8,689
- Debts after one year +€2,975
up €2,975 (+47.7%), from €6,231 to €9,206
- Taxes +€6,879
up €6,879 (+65.4%), from €10,526 to €17,406
- Depreciation -€6,615
down €6,615 (-60.2%), from €10,997 to €4,382
- Gross operating margin +€3,971
up €3,971 (+6.3%), from €62,766 to €66,737
- Financial charges -€726
down €726 (-41.8%), from €1,738 to €1,012
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 | €98,779 | €84,566 | -€14,213 | -14.4% |
| Fixed assets | 21/28 | €16,200 | €11,818 | -€4,382 | -27.1% |
| Tangible fixed assets | 22/27 | €16,200 | €11,818 | -€4,382 | -27.1% |
| Plant, machinery and equipment | 23 | €457 | €241 | -€216 | -47.2% |
| Furniture and vehicles | 24 | €5,106 | €2,544 | -€2,561 | -50.2% |
| Other tangible fixed assets | 26 | €10,638 | €9,033 | -€1,605 | -15.1% |
| Current assets | 29/58 | €82,579 | €72,748 | -€9,831 | -11.9% |
| Amounts receivable within one year | 40/41 | €29,189 | €27,951 | -€1,238 | -4.2% |
| Trade receivables | 40 | €27,528 | €27,951 | +€424 | +1.5% |
| Other amounts receivable | 41 | €1,662 | €0 | -€1,662 | -100.0% |
| Cash at bank and in hand | 54/58 | €52,664 | €44,009 | -€8,656 | -16.4% |
| Deferred charges and accrued income | 490/1 | €726 | €789 | +€63 | +8.7% |
| Total equity and liabilities | 10/49 | €98,779 | €84,566 | -€14,213 | -14.4% |
| Equity | 10/15 | €85,478 | €63,696 | -€21,782 | -25.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,878 | €45,096 | -€21,782 | -32.6% |
| Distributable reserves | 133 | €66,878 | €45,096 | -€21,782 | -32.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €13,301 | €20,870 | +€7,569 | +56.9% |
| Amounts payable after more than one year | 17 | €6,231 | €9,206 | +€2,975 | +47.7% |
| Financial debts | 170/4 | €6,231 | €9,206 | +€2,975 | +47.7% |
| Amounts payable within one year | 42/48 | €5,920 | €11,208 | +€5,288 | +89.3% |
| Financial debts | 43 | €2,000 | €2,000 | = | 0.0% |
| Credit institutions | 430/8 | €2,000 | €2,000 | = | 0.0% |
| Trade debts | 44 | €315 | €520 | +€205 | +65.1% |
| Suppliers | 440/4 | €315 | €520 | +€205 | +65.1% |
| Taxes, remuneration and social security | 45 | €2,746 | €8,689 | +€5,942 | +216.4% |
| Taxes | 450/3 | €2,746 | €8,689 | +€5,942 | +216.4% |
| Other amounts payable | 47/48 | €859 | €0 | -€859 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,150 | €455 | -€695 | -60.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,997 | €4,382 | -€6,615 | -60.2% |
| Other operating charges | 640/8 | €683 | €720 | +€37 | +5.4% |
| Gross operating margin | 9900 | €62,766 | €66,737 | +€3,971 | +6.3% |
| Operating profit (loss) | 9901 | €51,086 | €61,635 | +€10,549 | +20.6% |
| Financial income | 75/76B | €631 | €1,001 | +€369 | +58.5% |
| Recurring financial income | 75 | €631 | €1,001 | +€369 | +58.5% |
| Financial charges | 65/66B | €1,738 | €1,012 | -€726 | -41.8% |
| Recurring financial charges | 65 | €1,738 | €1,012 | -€726 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €49,979 | €61,624 | +€11,644 | +23.3% |
| Income taxes | 67/77 | €10,526 | €17,406 | +€6,879 | +65.4% |
| Profit (loss) for the period | 9904 | €39,453 | €44,218 | +€4,765 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €39,453 | €44,218 | +€4,765 | +12.1% |
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 5 October 2026 via checked.be.