KOJACC: 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.
KOJACC
Largest movements
- Receivables within one year +€127,435
up €127,435 (+35,853%), from €355 to €127,791
of which Other amounts receivable: +€77,434
- Other debts +€173,707
up €173,707 (+32.6%), from €532,573 to €706,279
- Accrued charges and deferred income -€63,168
no longer reported in 2024 (was €63,168)
- Reserves +€45,073
up €45,073 (+20.0%), from €225,042 to €270,115
of which Distributable reserves: +€45,073
- Tax, wage and social debts -€33,100
down €33,100 (-42.2%), from €78,366 to €45,267
of which Taxes: -€29,255
- Gross operating margin -€51,977
down €51,977 (-30.1%), from €172,930 to €120,953
- Taxes -€21,029
down €21,029 (-68.4%), from €30,732 to €9,704
- Financial charges +€9,060
up €9,060 (+55.6%), from €16,306 to €25,366
- Staff costs -€5,531
down €5,531 (-13.0%), from €42,508 to €36,977
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 | €1,201,344 | €1,328,788 | +€127,444 | +10.6% |
| Fixed assets | 21/28 | €1,200,185 | €1,200,185 | = | 0.0% |
| Financial fixed assets | 28 | €1,200,185 | €1,200,185 | = | 0.0% |
| Current assets | 29/58 | €1,159 | €128,603 | +€127,444 | +10,996% |
| Amounts receivable within one year | 40/41 | €355 | €127,791 | +€127,435 | +35,853% |
| Trade receivables | 40 | - | €50,001 | +€50,001 | |
| Other amounts receivable | 41 | €355 | €77,789 | +€77,434 | +21,785% |
| Cash at bank and in hand | 54/58 | €189 | €574 | +€385 | +204% |
| Deferred charges and accrued income | 490/1 | €614 | €238 | -€376 | -61.2% |
| Total equity and liabilities | 10/49 | €1,201,344 | €1,328,788 | +€127,444 | +10.6% |
| Equity | 10/15 | €525,042 | €570,115 | +€45,073 | +8.6% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | - | -€300,000 | |
| Issued capital | 100 | €300,000 | - | -€300,000 | |
| Reserves | 13 | €225,042 | €270,115 | +€45,073 | +20.0% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | - | -€30,000 | |
| Reserves not available under the articles | 1311 | - | €30,000 | +€30,000 | |
| Distributable reserves | 133 | €195,042 | €240,115 | +€45,073 | +23.1% |
| Amounts payable | 17/49 | €676,302 | €758,674 | +€82,371 | +12.2% |
| Amounts payable within one year | 42/48 | €613,135 | €758,674 | +€145,539 | +23.7% |
| Trade debts | 44 | €2,196 | €7,128 | +€4,932 | +225% |
| Suppliers | 440/4 | €2,196 | €7,128 | +€4,932 | +225% |
| Taxes, remuneration and social security | 45 | €78,366 | €45,267 | -€33,100 | -42.2% |
| Taxes | 450/3 | €69,302 | €40,047 | -€29,255 | -42.2% |
| Remuneration and social security | 454/9 | €9,064 | €5,220 | -€3,845 | -42.4% |
| Other amounts payable | 47/48 | €532,573 | €706,279 | +€173,707 | +32.6% |
| Accrued charges and deferred income | 492/3 | €63,168 | - | -€63,168 | |
| Non-recurring operating income | 76A | - | €1,897 | +€1,897 | |
| Remuneration, social security and pensions | 62 | €42,508 | €36,977 | -€5,531 | -13.0% |
| Other operating charges | 640/8 | €3,637 | €4,017 | +€380 | +10.5% |
| Gross operating margin | 9900 | €172,930 | €120,953 | -€51,977 | -30.1% |
| Operating profit (loss) | 9901 | €126,786 | €79,960 | -€46,826 | -36.9% |
| Financial income | 75/76B | - | €184 | +€184 | |
| Recurring financial income | 75 | - | €184 | +€184 | |
| Financial charges | 65/66B | €16,306 | €25,366 | +€9,060 | +55.6% |
| Recurring financial charges | 65 | €16,306 | €25,366 | +€9,060 | +55.6% |
| Profit (loss) for the period before taxes | 9903 | €110,479 | €54,777 | -€55,702 | -50.4% |
| Income taxes | 67/77 | €30,732 | €9,704 | -€21,029 | -68.4% |
| Profit (loss) for the period | 9904 | €79,747 | €45,073 | -€34,674 | -43.5% |
| Transfer from tax-exempt reserves | 789 | €6,400 | - | -€6,400 | |
| Profit (loss) for the period to be appropriated | 9905 | €86,147 | €45,073 | -€41,074 | -47.7% |
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 22 October 2026 via checked.be.