KOK & C°: 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.
KOK & C°
Largest movements
- Tangible fixed assets -€15,063
down €15,063 (-16.7%), from €90,181 to €75,117
of which Plant, machinery and equipment: -€10,820
- Receivables within one year +€7,056
up €7,056 (+14008.5%), from €50 to €7,106
of which Trade receivables: +€6,993
- Intangible fixed assets -€4,500
down €4,500 (-13.8%), from €32,625 to €28,125
- Cash -€2,558
down €2,558 (-20.7%), from €12,350 to €9,792
mainly Current portion of long-term debt (-€24,392) and Receivables within one year (-€7,056)
- Reserves +€43,299
up €43,299 (+251.2%), from €17,240 to €60,538
of which Distributable reserves: +€43,299
- Profit (loss) carried forward -€43,079
down €43,079 (-100.0%), from €43,079 to €0
- Current portion of long-term debt -€24,392
down €24,392 (-71.0%), from €34,340 to €9,948
- Other debts +€20,595
up €20,595 (+208.5%), from €9,879 to €30,474
- Trade debts -€4,693
down €4,693 (-64.7%), from €7,251 to €2,558
- Gross operating margin -€16,895
down €16,895 (-18.9%), from €89,407 to €72,511
- Staff costs -€14,866
down €14,866 (-24.3%), from €61,091 to €46,225
- Depreciation -€1,271
down €1,271 (-6.1%), from €20,834 to €19,563
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €162,887 | €148,803 | -€14,085 | -8.6% |
| Fixed assets | 21/28 | €123,180 | €103,617 | -€19,563 | -15.9% |
| Intangible fixed assets | 21 | €32,625 | €28,125 | -€4,500 | -13.8% |
| Tangible fixed assets | 22/27 | €90,181 | €75,117 | -€15,063 | -16.7% |
| Land and buildings | 22 | €3,791 | €1,426 | -€2,366 | -62.4% |
| Plant, machinery and equipment | 23 | €83,391 | €72,571 | -€10,820 | -13.0% |
| Furniture and vehicles | 24 | €2,999 | €1,121 | -€1,878 | -62.6% |
| Financial fixed assets | 28 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €39,707 | €45,186 | +€5,479 | +13.8% |
| Stocks and contracts in progress | 3 | €27,306 | €27,956 | +€650 | +2.4% |
| Stocks | 30/36 | €27,306 | €27,956 | +€650 | +2.4% |
| Amounts receivable within one year | 40/41 | €50 | €7,106 | +€7,056 | +14008.5% |
| Trade receivables | 40 | €0 | €6,993 | +€6,993 | |
| Other amounts receivable | 41 | €50 | €113 | +€63 | +125.0% |
| Cash at bank and in hand | 54/58 | €12,350 | €9,792 | -€2,558 | -20.7% |
| Deferred charges and accrued income | 490/1 | - | €331 | +€331 | |
| Total equity and liabilities | 10/49 | €162,887 | €148,803 | -€14,085 | -8.6% |
| Equity | 10/15 | €78,919 | €79,138 | +€219 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,240 | €60,538 | +€43,299 | +251.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,380 | €58,678 | +€43,299 | +281.5% |
| Profit (loss) carried forward | 14 | €43,079 | €0 | -€43,079 | -100.0% |
| Amounts payable | 17/49 | €83,968 | €69,664 | -€14,304 | -17.0% |
| Amounts payable after more than one year | 17 | €9,785 | €5,804 | -€3,981 | -40.7% |
| Financial debts | 170/4 | €9,785 | €5,804 | -€3,981 | -40.7% |
| Amounts payable within one year | 42/48 | €74,183 | €61,554 | -€12,629 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €34,340 | €9,948 | -€24,392 | -71.0% |
| Trade debts | 44 | €7,251 | €2,558 | -€4,693 | -64.7% |
| Suppliers | 440/4 | €7,251 | €2,558 | -€4,693 | -64.7% |
| Taxes, remuneration and social security | 45 | €22,712 | €18,574 | -€4,138 | -18.2% |
| Taxes | 450/3 | €12,646 | €13,979 | +€1,333 | +10.5% |
| Remuneration and social security | 454/9 | €10,067 | €4,595 | -€5,471 | -54.3% |
| Other amounts payable | 47/48 | €9,879 | €30,474 | +€20,595 | +208.5% |
| Accrued charges and deferred income | 492/3 | €0 | €2,306 | +€2,306 | |
| Remuneration, social security and pensions | 62 | €61,091 | €46,225 | -€14,866 | -24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,834 | €19,563 | -€1,271 | -6.1% |
| Other operating charges | 640/8 | €2,101 | €2,078 | -€24 | -1.1% |
| Gross operating margin | 9900 | €89,407 | €72,511 | -€16,895 | -18.9% |
| Operating profit (loss) | 9901 | €5,380 | €4,645 | -€735 | -13.7% |
| Financial charges | 65/66B | €3,845 | €3,263 | -€582 | -15.1% |
| Recurring financial charges | 65 | €3,845 | €3,263 | -€582 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €1,535 | €1,383 | -€152 | -9.9% |
| Income taxes | 67/77 | €1,017 | €1,163 | +€147 | +14.4% |
| Profit (loss) for the period | 9904 | €518 | €219 | -€299 | -57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €518 | €219 | -€299 | -57.7% |
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 12 October 2026 via checked.be.