KOHDO: 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.
KOHDO
Largest movements
- Tangible fixed assets -€43,732
down €43,732 (-66.7%), from €65,580 to €21,848
of which Leasing and similar rights: -€32,247
- Receivables within one year -€27,613
down €27,613 (-21.3%), from €129,857 to €102,244
of which Trade receivables: -€25,754
- Cash -€6,415
down €6,415 (-97.7%), from €6,565 to €150
- Debts after one year -€27,479
no longer reported in 2024 (was €27,479)
- Tax, wage and social debts -€18,625
down €18,625 (-75.1%), from €24,801 to €6,177
- Trade debts -€13,009
down €13,009 (-97.9%), from €13,282 to €273
- Profit (loss) carried forward -€12,548
down €12,548 (-42.6%), from €29,453 to €16,905
- Current portion of long-term debt -€6,804
no longer reported in 2024 (was €6,804)
- Gross operating margin -€45,817
down €45,817, from €38,899 to -€6,918
- Depreciation -€8,419
down €8,419 (-60.2%), from €13,995 to €5,576
- Taxes -€5,430
down €5,430 (-98.9%), from €5,488 to €58
- Financial income +€1,565
up €1,565 (+438.7%), from €357 to €1,922
- Financial charges -€931
down €931 (-95.9%), from €971 to €40
From the 2022 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.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €208,946 | €130,482 | -€78,464 | -37.6% |
| Fixed assets | 21/28 | €71,550 | €27,818 | -€43,732 | -61.1% |
| Tangible fixed assets | 22/27 | €65,580 | €21,848 | -€43,732 | -66.7% |
| Plant, machinery and equipment | 23 | €13,550 | €6,519 | -€7,031 | -51.9% |
| Furniture and vehicles | 24 | €19,783 | €15,329 | -€4,454 | -22.5% |
| Leasing and similar rights | 25 | €32,247 | - | -€32,247 | |
| Financial fixed assets | 28 | €5,970 | €5,970 | = | 0.0% |
| Current assets | 29/58 | €137,396 | €102,664 | -€34,733 | -25.3% |
| Amounts receivable within one year | 40/41 | €129,857 | €102,244 | -€27,613 | -21.3% |
| Trade receivables | 40 | €25,754 | - | -€25,754 | |
| Other amounts receivable | 41 | €104,103 | €102,244 | -€1,859 | -1.8% |
| Cash at bank and in hand | 54/58 | €6,565 | €150 | -€6,415 | -97.7% |
| Deferred charges and accrued income | 490/1 | €974 | €270 | -€705 | -72.3% |
| Total equity and liabilities | 10/49 | €208,946 | €130,482 | -€78,464 | -37.6% |
| Equity | 10/15 | €136,581 | €124,033 | -€12,548 | -9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €88,528 | €88,528 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,905 | €8,905 | = | 0.0% |
| Distributable reserves | 133 | €77,763 | €77,763 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,453 | €16,905 | -€12,548 | -42.6% |
| Amounts payable | 17/49 | €72,366 | €6,449 | -€65,916 | -91.1% |
| Amounts payable after more than one year | 17 | €27,479 | - | -€27,479 | |
| Financial debts | 170/4 | €27,479 | - | -€27,479 | |
| Amounts payable within one year | 42/48 | €44,887 | €6,449 | -€38,438 | -85.6% |
| Current portion of amounts payable after more than one year | 42 | €6,804 | - | -€6,804 | |
| Trade debts | 44 | €13,282 | €273 | -€13,009 | -97.9% |
| Suppliers | 440/4 | €13,282 | €273 | -€13,009 | -97.9% |
| Taxes, remuneration and social security | 45 | €24,801 | €6,177 | -€18,625 | -75.1% |
| Taxes | 450/3 | €24,801 | €6,177 | -€18,625 | -75.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,995 | €5,576 | -€8,419 | -60.2% |
| Other operating charges | 640/8 | €3,035 | €3,782 | +€747 | +24.6% |
| Gross operating margin | 9900 | €38,899 | -€6,918 | -€45,817 | |
| Operating profit (loss) | 9901 | €21,869 | -€16,276 | -€38,145 | |
| Financial income | 75/76B | €357 | €1,922 | +€1,565 | +438.7% |
| Recurring financial income | 75 | €357 | €1,922 | +€1,565 | +438.7% |
| Financial charges | 65/66B | €971 | €40 | -€931 | -95.9% |
| Recurring financial charges | 65 | €971 | €40 | -€931 | -95.9% |
| Profit (loss) for the period before taxes | 9903 | €21,254 | -€14,394 | -€35,648 | |
| Income taxes | 67/77 | €5,488 | €58 | -€5,430 | -98.9% |
| Profit (loss) for the period | 9904 | €15,766 | -€14,453 | -€30,219 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,766 | -€14,453 | -€30,219 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.