KOHBAL: 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.
KOHBAL
Largest movements
- Tangible fixed assets -€15,970
down €15,970 (-4.3%), from €367,802 to €351,832
- Debts after one year -€18,226
down €18,226 (-6.3%), from €289,625 to €271,399
- Gross operating margin +€3,595
up €3,595 (+13.9%), from €25,799 to €29,394
- Depreciation +€983
up €983 (+6.6%), from €14,987 to €15,970
- Financial charges -€633
down €633 (-7.3%), from €8,717 to €8,083
- Other operating charges +€572
up €572 (+21.5%), from €2,662 to €3,234
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 | €368,471 | €352,426 | -€16,045 | -4.4% |
| Fixed assets | 21/28 | €367,802 | €351,832 | -€15,970 | -4.3% |
| Tangible fixed assets | 22/27 | €367,802 | €351,832 | -€15,970 | -4.3% |
| Land and buildings | 22 | €367,802 | €351,832 | -€15,970 | -4.3% |
| Current assets | 29/58 | €669 | €594 | -€75 | -11.1% |
| Amounts receivable within one year | 40/41 | - | €299 | +€299 | |
| Trade receivables | 40 | - | €299 | +€299 | |
| Cash at bank and in hand | 54/58 | €669 | €295 | -€373 | -55.8% |
| Total equity and liabilities | 10/49 | €368,471 | €352,426 | -€16,045 | -4.4% |
| Equity | 10/15 | -€89,950 | -€87,928 | +€2,022 | +2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,550 | -€106,528 | +€2,022 | +1.9% |
| Amounts payable | 17/49 | €458,422 | €440,355 | -€18,067 | -3.9% |
| Amounts payable after more than one year | 17 | €289,625 | €271,399 | -€18,226 | -6.3% |
| Financial debts | 170/4 | €289,625 | €271,399 | -€18,226 | -6.3% |
| Amounts payable within one year | 42/48 | €168,006 | €168,765 | +€759 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €17,773 | €18,226 | +€453 | +2.5% |
| Taxes, remuneration and social security | 45 | €81 | €165 | +€84 | +104% |
| Taxes | 450/3 | €81 | €165 | +€84 | +104% |
| Other amounts payable | 47/48 | €150,152 | €150,374 | +€222 | +0.1% |
| Accrued charges and deferred income | 492/3 | €791 | €191 | -€600 | -75.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,987 | €15,970 | +€983 | +6.6% |
| Other operating charges | 640/8 | €2,662 | €3,234 | +€572 | +21.5% |
| Gross operating margin | 9900 | €25,799 | €29,394 | +€3,595 | +13.9% |
| Operating profit (loss) | 9901 | €8,151 | €10,190 | +€2,039 | +25.0% |
| Financial charges | 65/66B | €8,717 | €8,083 | -€633 | -7.3% |
| Recurring financial charges | 65 | €8,717 | €8,083 | -€633 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | -€566 | €2,106 | +€2,673 | |
| Income taxes | 67/77 | €81 | €84 | +€3 | +3.7% |
| Profit (loss) for the period | 9904 | -€647 | €2,022 | +€2,670 | |
| Profit (loss) for the period to be appropriated | 9905 | -€647 | €2,022 | +€2,670 |
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 24 October 2026 via checked.be.