KOIS Advisory: 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.
KOIS Advisory
Largest movements
- Receivables within one year -€476,583
down €476,583 (-65.5%), from €727,379 to €250,795
of which Trade receivables: -€382,289
- Cash -€167,350
down €167,350 (-46.8%), from €357,493 to €190,144
mainly Net result for the year (-€561,965) and Other debts (-€525,431)
- Tangible fixed assets +€23,639
up €23,639 (+124%), from €19,078 to €42,717
of which Other tangible fixed assets: +€24,396
- Profit (loss) carried forward -€561,965
down €561,965 (-225%), from -€249,524 to -€811,490
- Other debts -€525,431
down €525,431 (-52.3%), from €1.0m to €478,680
- Trade debts +€363,542
up €363,542 (+345%), from €105,407 to €468,949
- Tax, wage and social debts +€89,455
up €89,455 (+35.0%), from €255,788 to €345,243
of which Remuneration and social security: +€125,873
- Staff costs +€507,036
up €507,036 (+60.2%), from €841,906 to €1.3m
- Gross operating margin +€196,701
up €196,701 (+31.8%), from €618,474 to €815,175
- Financial charges -€20,060
down €20,060 (-46.3%), from €43,366 to €23,306
- Financial income +€12,488
up €12,488 (+285%), from €4,387 to €16,875
From the 2023 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,178,382 | €553,994 | -€624,388 | -53.0% |
| Fixed assets | 21/28 | €82,767 | €100,936 | +€18,169 | +22.0% |
| Intangible fixed assets | 21 | €46,000 | €40,250 | -€5,750 | -12.5% |
| Tangible fixed assets | 22/27 | €19,078 | €42,717 | +€23,639 | +124% |
| Furniture and vehicles | 24 | €16,651 | €15,894 | -€757 | -4.5% |
| Other tangible fixed assets | 26 | €2,426 | €26,823 | +€24,396 | +1,005% |
| Financial fixed assets | 28 | €17,689 | €17,969 | +€279 | +1.6% |
| Current assets | 29/58 | €1,095,614 | €453,058 | -€642,556 | -58.6% |
| Amounts receivable within one year | 40/41 | €727,379 | €250,795 | -€476,583 | -65.5% |
| Trade receivables | 40 | €600,161 | €217,872 | -€382,289 | -63.7% |
| Other amounts receivable | 41 | €127,218 | €32,923 | -€94,295 | -74.1% |
| Cash at bank and in hand | 54/58 | €357,493 | €190,144 | -€167,350 | -46.8% |
| Deferred charges and accrued income | 490/1 | €10,742 | €12,119 | +€1,377 | +12.8% |
| Total equity and liabilities | 10/49 | €1,178,382 | €553,994 | -€624,388 | -53.0% |
| Equity | 10/15 | -€187,808 | -€749,773 | -€561,965 | -299% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €216 | €216 | = | 0.0% |
| Non-distributable reserves | 130/1 | €216 | €216 | = | 0.0% |
| Legal reserve | 130 | €216 | €216 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€249,524 | -€811,490 | -€561,965 | -225% |
| Amounts payable | 17/49 | €1,366,189 | €1,303,767 | -€62,422 | -4.6% |
| Amounts payable within one year | 42/48 | €1,366,189 | €1,303,127 | -€63,063 | -4.6% |
| Financial debts | 43 | €884 | €10,255 | +€9,371 | +1,061% |
| Credit institutions | 430/8 | €884 | €10,255 | +€9,371 | +1,061% |
| Trade debts | 44 | €105,407 | €468,949 | +€363,542 | +345% |
| Suppliers | 440/4 | €105,407 | €468,949 | +€363,542 | +345% |
| Taxes, remuneration and social security | 45 | €255,788 | €345,243 | +€89,455 | +35.0% |
| Taxes | 450/3 | €136,523 | €100,105 | -€36,418 | -26.7% |
| Remuneration and social security | 454/9 | €119,265 | €245,138 | +€125,873 | +106% |
| Other amounts payable | 47/48 | €1,004,111 | €478,680 | -€525,431 | -52.3% |
| Accrued charges and deferred income | 492/3 | - | €641 | +€641 | |
| Non-recurring operating income | 76A | - | €252,332 | +€252,332 | |
| Remuneration, social security and pensions | 62 | €841,906 | €1,348,942 | +€507,036 | +60.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,555 | €16,237 | +€5,682 | +53.8% |
| Other operating charges | 640/8 | €2,163 | €5,530 | +€3,367 | +156% |
| Gross operating margin | 9900 | €618,474 | €815,175 | +€196,701 | +31.8% |
| Operating profit (loss) | 9901 | -€236,150 | -€555,534 | -€319,384 | -135% |
| Financial income | 75/76B | €4,387 | €16,875 | +€12,488 | +285% |
| Recurring financial income | 75 | €4,387 | €16,875 | +€12,488 | +285% |
| Financial charges | 65/66B | €43,366 | €23,306 | -€20,060 | -46.3% |
| Recurring financial charges | 65 | €43,366 | €23,306 | -€20,060 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | -€275,129 | -€561,965 | -€286,836 | -104% |
| Income taxes | 67/77 | €2,969 | €0 | -€2,969 | -100% |
| Profit (loss) for the period | 9904 | -€278,098 | -€561,965 | -€283,868 | -102% |
| Profit (loss) for the period to be appropriated | 9905 | -€278,098 | -€561,965 | -€283,868 | -102% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.