KOIPHO: 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.
KOIPHO
Largest movements
- Receivables within one year +€1,840
new in 2025: €1,840
- Tangible fixed assets -€949
down €949 (-53.9%), from €1,763 to €813
of which Plant, machinery and equipment: -€559
- Deferred charges and accrued income +€832
up €832 (+154.4%), from €539 to €1,371
- Other debts +€4,609
up €4,609 (+6.2%), from €73,919 to €78,528
- Profit (loss) carried forward -€3,887
down €3,887 (-4.2%), from -€92,750 to -€96,637
- Trade debts +€1,866
up €1,866 (+106.7%), from €1,749 to €3,615
- Advances received -€334
down €334 (-100.0%), from €334 to €0
- Accrued charges and deferred income -€260
down €260 (-100.0%), from €260 to €0
- Gross operating margin +€3,161
up €3,161 (+82.5%), from -€3,832 to -€671
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 | €4,949 | €6,708 | +€1,759 | +35.5% |
| Fixed assets | 21/28 | €1,763 | €813 | -€949 | -53.9% |
| Tangible fixed assets | 22/27 | €1,763 | €813 | -€949 | -53.9% |
| Land and buildings | 22 | €808 | €763 | -€45 | -5.6% |
| Plant, machinery and equipment | 23 | €559 | €0 | -€559 | -100.0% |
| Furniture and vehicles | 24 | €396 | €50 | -€346 | -87.3% |
| Current assets | 29/58 | €3,187 | €5,895 | +€2,709 | +85.0% |
| Stocks and contracts in progress | 3 | €964 | €1,029 | +€65 | +6.7% |
| Stocks | 30/36 | €964 | €1,029 | +€65 | +6.7% |
| Amounts receivable within one year | 40/41 | - | €1,840 | +€1,840 | |
| Trade receivables | 40 | - | €1,840 | +€1,840 | |
| Cash at bank and in hand | 54/58 | €1,684 | €1,656 | -€28 | -1.7% |
| Deferred charges and accrued income | 490/1 | €539 | €1,371 | +€832 | +154.4% |
| Total equity and liabilities | 10/49 | €4,949 | €6,708 | +€1,759 | +35.5% |
| Equity | 10/15 | -€72,090 | -€75,977 | -€3,887 | -5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,061 | €2,061 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,061 | €2,061 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,061 | €2,061 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,750 | -€96,637 | -€3,887 | -4.2% |
| Amounts payable | 17/49 | €77,039 | €82,685 | +€5,646 | +7.3% |
| Amounts payable within one year | 42/48 | €76,779 | €82,685 | +€5,906 | +7.7% |
| Trade debts | 44 | €1,749 | €3,615 | +€1,866 | +106.7% |
| Suppliers | 440/4 | €1,749 | €3,615 | +€1,866 | +106.7% |
| Advances received on contracts in progress | 46 | €334 | €0 | -€334 | -100.0% |
| Taxes, remuneration and social security | 45 | €777 | €542 | -€235 | -30.2% |
| Taxes | 450/3 | €777 | €542 | -€235 | -30.2% |
| Other amounts payable | 47/48 | €73,919 | €78,528 | +€4,609 | +6.2% |
| Accrued charges and deferred income | 492/3 | €260 | €0 | -€260 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €956 | €949 | -€6 | -0.7% |
| Other operating charges | 640/8 | €1,717 | €1,725 | +€8 | +0.5% |
| Gross operating margin | 9900 | -€3,832 | -€671 | +€3,161 | +82.5% |
| Operating profit (loss) | 9901 | -€6,504 | -€3,346 | +€3,159 | +48.6% |
| Financial charges | 65/66B | €54 | €69 | +€15 | +27.8% |
| Recurring financial charges | 65 | €54 | €69 | +€15 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,558 | -€3,415 | +€3,144 | +47.9% |
| Income taxes | 67/77 | €472 | €472 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€7,031 | -€3,887 | +€3,144 | +44.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,031 | -€3,887 | +€3,144 | +44.7% |
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.