KOK-KOEN: 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-KOEN
Largest movements
- Tangible fixed assets -€47,934
down €47,934 (-8.9%), from €540,568 to €492,634
of which Land and buildings: -€45,366
- Receivables within one year -€8,724
down €8,724 (-22.2%), from €39,352 to €30,628
- Other debts -€217,479
down €217,479 (-80.1%), from €271,598 to €54,118
- Debts after one year +€158,796
up €158,796 (+46.8%), from €339,247 to €498,043
of which Other amounts payable: +€190,000
- Gross operating margin -€4,481
down €4,481 (-7.0%), from €64,404 to €59,924
- Depreciation -€779
down €779 (-1.6%), from €48,713 to €47,934
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 | €582,765 | €526,130 | -€56,636 | -9.7% |
| Fixed assets | 21/28 | €540,568 | €492,634 | -€47,934 | -8.9% |
| Tangible fixed assets | 22/27 | €540,568 | €492,634 | -€47,934 | -8.9% |
| Land and buildings | 22 | €538,000 | €492,634 | -€45,366 | -8.4% |
| Furniture and vehicles | 24 | €2,568 | - | -€2,568 | |
| Current assets | 29/58 | €42,197 | €33,495 | -€8,702 | -20.6% |
| Amounts receivable within one year | 40/41 | €39,352 | €30,628 | -€8,724 | -22.2% |
| Trade receivables | 40 | €39,352 | €30,628 | -€8,724 | -22.2% |
| Cash at bank and in hand | 54/58 | €2,221 | €2,600 | +€380 | +17.1% |
| Deferred charges and accrued income | 490/1 | €625 | €267 | -€358 | -57.3% |
| Total equity and liabilities | 10/49 | €582,765 | €526,130 | -€56,636 | -9.7% |
| Equity | 10/15 | -€62,239 | -€59,095 | +€3,144 | +5.1% |
| Contributions | 10/11 | €12,501 | €12,501 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,740 | -€71,596 | +€3,144 | +4.2% |
| Amounts payable | 17/49 | €645,004 | €585,224 | -€59,780 | -9.3% |
| Amounts payable after more than one year | 17 | €339,247 | €498,043 | +€158,796 | +46.8% |
| Financial debts | 170/4 | €339,247 | €308,043 | -€31,204 | -9.2% |
| Other amounts payable | 178/9 | - | €190,000 | +€190,000 | |
| Amounts payable within one year | 42/48 | €305,370 | €86,782 | -€218,588 | -71.6% |
| Current portion of amounts payable after more than one year | 42 | €30,688 | €31,204 | +€516 | +1.7% |
| Trade debts | 44 | €2,917 | €972 | -€1,945 | -66.7% |
| Suppliers | 440/4 | €2,917 | €972 | -€1,945 | -66.7% |
| Taxes, remuneration and social security | 45 | €167 | €487 | +€320 | +191% |
| Taxes | 450/3 | €167 | €487 | +€320 | +191% |
| Other amounts payable | 47/48 | €271,598 | €54,118 | -€217,479 | -80.1% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,713 | €47,934 | -€779 | -1.6% |
| Other operating charges | 640/8 | €2,204 | €2,343 | +€139 | +6.3% |
| Gross operating margin | 9900 | €64,404 | €59,924 | -€4,481 | -7.0% |
| Operating profit (loss) | 9901 | €13,487 | €9,647 | -€3,840 | -28.5% |
| Financial income | 75/76B | €120 | €10 | -€110 | -91.7% |
| Recurring financial income | 75 | €120 | €10 | -€110 | -91.7% |
| Financial charges | 65/66B | €6,662 | €6,339 | -€323 | -4.9% |
| Recurring financial charges | 65 | €6,662 | €6,339 | -€323 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €6,945 | €3,318 | -€3,627 | -52.2% |
| Income taxes | 67/77 | €167 | €174 | +€7 | +4.2% |
| Profit (loss) for the period | 9904 | €6,778 | €3,144 | -€3,634 | -53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,778 | €3,144 | -€3,634 | -53.6% |
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 15 October 2026 via checked.be.