Kojaparts: 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.
Kojaparts
Largest movements
- Cash -€46,468
down €46,468 (-34.8%), from €133,553 to €87,085
mainly Other debts (-€101,385) and Trade debts (-€26,374)
- Tangible fixed assets -€32,276
down €32,276 (-7.2%), from €446,729 to €414,453
of which Land and buildings: -€20,984
- Other debts -€101,385
down €101,385 (-64.7%), from €156,594 to €55,208
- Reserves +€72,846
up €72,846 (+26.3%), from €276,534 to €349,380
of which Distributable reserves: +€72,846
- Trade debts -€26,374
down €26,374 (-55.0%), from €47,989 to €21,615
- Tax, wage and social debts -€11,396
down €11,396 (-23.8%), from €47,862 to €36,466
of which Taxes: -€11,867
- Financial income +€39,231
up €39,231 (+395,474%), from €10 to €39,241
- Gross operating margin -€20,191
down €20,191 (-10.5%), from €191,678 to €171,486
- Taxes +€4,734
up €4,734 (+23.5%), from €20,163 to €24,897
- Financial charges -€3,045
down €3,045 (-12.4%), from €24,633 to €21,588
- Staff costs -€2,631
down €2,631 (-4.8%), from €55,011 to €52,380
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 | €1,085,522 | €1,006,362 | -€79,160 | -7.3% |
| Fixed assets | 21/28 | €854,129 | €821,853 | -€32,276 | -3.8% |
| Tangible fixed assets | 22/27 | €446,729 | €414,453 | -€32,276 | -7.2% |
| Land and buildings | 22 | €401,548 | €380,564 | -€20,984 | -5.2% |
| Plant, machinery and equipment | 23 | €44,155 | €32,362 | -€11,793 | -26.7% |
| Furniture and vehicles | 24 | €1,026 | €1,527 | +€501 | +48.9% |
| Financial fixed assets | 28 | €407,400 | €407,400 | = | 0.0% |
| Current assets | 29/58 | €231,394 | €184,509 | -€46,884 | -20.3% |
| Stocks and contracts in progress | 3 | €89,100 | €85,000 | -€4,100 | -4.6% |
| Stocks | 30/36 | €89,100 | €85,000 | -€4,100 | -4.6% |
| Amounts receivable within one year | 40/41 | €248 | €4,786 | +€4,538 | +1,829% |
| Trade receivables | 40 | €167 | €2,802 | +€2,635 | +1,577% |
| Other amounts receivable | 41 | €81 | €1,984 | +€1,903 | +2,350% |
| Cash at bank and in hand | 54/58 | €133,553 | €87,085 | -€46,468 | -34.8% |
| Deferred charges and accrued income | 490/1 | €8,493 | €7,639 | -€854 | -10.1% |
| Total equity and liabilities | 10/49 | €1,085,522 | €1,006,362 | -€79,160 | -7.3% |
| Equity | 10/15 | €295,134 | €367,980 | +€72,846 | +24.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €276,534 | €349,380 | +€72,846 | +26.3% |
| Tax-exempt reserves | 132 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €268,534 | €341,380 | +€72,846 | +27.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €790,388 | €638,382 | -€152,006 | -19.2% |
| Amounts payable after more than one year | 17 | €319,005 | €316,941 | -€2,064 | -0.6% |
| Financial debts | 170/4 | €319,005 | €316,941 | -€2,064 | -0.6% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €467,553 | €316,354 | -€151,199 | -32.3% |
| Current portion of amounts payable after more than one year | 42 | €95,108 | €92,064 | -€3,044 | -3.2% |
| Financial debts | 43 | €120,000 | €110,000 | -€10,000 | -8.3% |
| Other loans | 439 | €120,000 | €110,000 | -€10,000 | -8.3% |
| Trade debts | 44 | €47,989 | €21,615 | -€26,374 | -55.0% |
| Suppliers | 440/4 | €47,989 | €21,615 | -€26,374 | -55.0% |
| Advances received on contracts in progress | 46 | - | €1,000 | +€1,000 | |
| Taxes, remuneration and social security | 45 | €47,862 | €36,466 | -€11,396 | -23.8% |
| Taxes | 450/3 | €36,344 | €24,477 | -€11,867 | -32.7% |
| Remuneration and social security | 454/9 | €11,518 | €11,989 | +€471 | +4.1% |
| Other amounts payable | 47/48 | €156,594 | €55,208 | -€101,385 | -64.7% |
| Accrued charges and deferred income | 492/3 | €3,830 | €5,087 | +€1,258 | +32.8% |
| Remuneration, social security and pensions | 62 | €55,011 | €52,380 | -€2,631 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,383 | €33,432 | -€1,951 | -5.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,366 | €0 | -€2,366 | -100% |
| Other operating charges | 640/8 | €8,200 | €5,584 | -€2,616 | -31.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €191,678 | €171,486 | -€20,191 | -10.5% |
| Operating profit (loss) | 9901 | €90,717 | €80,090 | -€10,628 | -11.7% |
| Financial income | 75/76B | €10 | €39,241 | +€39,231 | +395,474% |
| Recurring financial income | 75 | €10 | €39,241 | +€39,231 | +395,474% |
| Financial charges | 65/66B | €24,633 | €21,588 | -€3,045 | -12.4% |
| Recurring financial charges | 65 | €24,633 | €21,588 | -€3,045 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €66,095 | €97,743 | +€31,648 | +47.9% |
| Income taxes | 67/77 | €20,163 | €24,897 | +€4,734 | +23.5% |
| Profit (loss) for the period | 9904 | €45,932 | €72,846 | +€26,914 | +58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,932 | €72,846 | +€26,914 | +58.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.