KOHEZIE: 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.
KOHEZIE
Largest movements
- Tangible fixed assets -€52,367
down €52,367 (-5.0%), from €1.0m to €989,020
of which Land and buildings: -€44,143
- Receivables within one year +€18,700
up €18,700 (+89.2%), from €20,961 to €39,661
of which Trade receivables: +€18,279
- Debts after one year -€108,357
down €108,357 (-19.0%), from €570,942 to €462,584
- Profit (loss) carried forward +€35,921
up €35,921 (+35.5%), from €101,179 to €137,100
- Other debts +€27,083
up €27,083 (+205%), from €13,211 to €40,293
- Trade debts +€18,862
up €18,862 (+516%), from €3,659 to €22,521
- Tax, wage and social debts -€11,996
down €11,996 (-54.0%), from €22,212 to €10,216
- Gross operating margin +€32,593
up €32,593 (+25.2%), from €129,361 to €161,954
- Taxes +€11,759
up €11,759 (+183%), from €6,428 to €18,186
- Depreciation -€5,939
down €5,939 (-9.9%), from €59,848 to €53,909
- Other operating charges -€4,173
down €4,173 (-15.7%), from €26,610 to €22,437
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 | €1,085,706 | €1,050,109 | -€35,598 | -3.3% |
| Fixed assets | 21/28 | €1,041,387 | €989,020 | -€52,367 | -5.0% |
| Tangible fixed assets | 22/27 | €1,041,387 | €989,020 | -€52,367 | -5.0% |
| Land and buildings | 22 | €1,027,455 | €983,312 | -€44,143 | -4.3% |
| Plant, machinery and equipment | 23 | €11,871 | €4,644 | -€7,226 | -60.9% |
| Furniture and vehicles | 24 | €2,061 | €1,064 | -€998 | -48.4% |
| Current assets | 29/58 | €44,319 | €61,088 | +€16,769 | +37.8% |
| Amounts receivable within one year | 40/41 | €20,961 | €39,661 | +€18,700 | +89.2% |
| Trade receivables | 40 | €20,801 | €39,080 | +€18,279 | +87.9% |
| Other amounts receivable | 41 | €159 | €581 | +€421 | +264% |
| Cash at bank and in hand | 54/58 | €16,902 | €20,952 | +€4,049 | +24.0% |
| Deferred charges and accrued income | 490/1 | €6,457 | €476 | -€5,980 | -92.6% |
| Total equity and liabilities | 10/49 | €1,085,706 | €1,050,109 | -€35,598 | -3.3% |
| Equity | 10/15 | €362,221 | €398,142 | +€35,921 | +9.9% |
| Contributions | 10/11 | €256,200 | €256,200 | = | 0.0% |
| Reserves | 13 | €4,843 | €4,843 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,843 | €4,843 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,843 | €4,843 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,179 | €137,100 | +€35,921 | +35.5% |
| Amounts payable | 17/49 | €723,485 | €651,967 | -€71,519 | -9.9% |
| Amounts payable after more than one year | 17 | €570,942 | €462,584 | -€108,357 | -19.0% |
| Financial debts | 170/4 | €570,942 | €462,584 | -€108,357 | -19.0% |
| Amounts payable within one year | 42/48 | €152,544 | €189,382 | +€36,838 | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €113,463 | €116,353 | +€2,890 | +2.5% |
| Trade debts | 44 | €3,659 | €22,521 | +€18,862 | +516% |
| Suppliers | 440/4 | €3,659 | €22,521 | +€18,862 | +516% |
| Taxes, remuneration and social security | 45 | €22,212 | €10,216 | -€11,996 | -54.0% |
| Taxes | 450/3 | €22,212 | €10,216 | -€11,996 | -54.0% |
| Other amounts payable | 47/48 | €13,211 | €40,293 | +€27,083 | +205% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,848 | €53,909 | -€5,939 | -9.9% |
| Other operating charges | 640/8 | €26,610 | €22,437 | -€4,173 | -15.7% |
| Non-recurring operating charges | 66A | €0 | €12,267 | +€12,267 | |
| Gross operating margin | 9900 | €129,361 | €161,954 | +€32,593 | +25.2% |
| Operating profit (loss) | 9901 | €42,903 | €73,342 | +€30,439 | +70.9% |
| Financial income | 75/76B | €59 | €0 | -€59 | -100% |
| Recurring financial income | 75 | €59 | €0 | -€59 | -100% |
| Financial charges | 65/66B | €20,224 | €19,234 | -€990 | -4.9% |
| Recurring financial charges | 65 | €20,224 | €19,234 | -€990 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €22,738 | €54,108 | +€31,370 | +138% |
| Income taxes | 67/77 | €6,428 | €18,186 | +€11,759 | +183% |
| Profit (loss) for the period | 9904 | €16,310 | €35,921 | +€19,611 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €16,310 | €35,921 | +€19,611 | +120% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.