KOKA: what changed
Two fiscal 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.
KOKA
Largest movements
- Cash +€26,582
up €26,582 (+88.4%), from €30,060 to €56,642
mainly Receivables within one year (+€13,195) and Stocks and contracts (+€12,420)
- Receivables within one year -€13,195
down €13,195 (-57.8%), from €22,828 to €9,633
of which Trade receivables: -€8,622
- Stocks and contracts -€12,420
down €12,420 (-22.9%), from €54,341 to €41,921
- Tangible fixed assets -€1,512
down €1,512 (-30.5%), from €4,965 to €3,453
- Trade debts -€13,609
down €13,609 (-17.0%), from €79,974 to €66,365
- Tax, wage and social debts +€7,458
up €7,458 (+2060.2%), from €362 to €7,820
- Reserves +€6,640
up €6,640 (+25.8%), from €25,763 to €32,403
- Short-term financial debts -€3,318
no longer reported in 2025 (was €3,318)
- Other debts +€2,061
new in 2025: €2,061
- Gross operating margin +€9,831
up €9,831 (+94.3%), from €10,429 to €20,260
- Other operating charges +€1,805
up €1,805 (+56.2%), from €3,209 to €5,014
- Taxes +€1,638
up €1,638 (+49.7%), from €3,299 to €4,937
- Financial income -€259
down €259 (-44.9%), from €577 to €318
- Financial charges -€232
down €232 (-8.6%), from €2,707 to €2,475
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.
Cash bridge derived
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 | €114,417 | €113,649 | -€768 | -0.7% |
| Fixed assets | 21/28 | €4,965 | €3,453 | -€1,512 | -30.5% |
| Tangible fixed assets | 22/27 | €4,965 | €3,453 | -€1,512 | -30.5% |
| Plant, machinery and equipment | 23 | €4,965 | €3,453 | -€1,512 | -30.5% |
| Current assets | 29/58 | €109,452 | €110,196 | +€744 | +0.7% |
| Stocks and contracts in progress | 3 | €54,341 | €41,921 | -€12,420 | -22.9% |
| Stocks | 30/36 | €54,341 | €41,921 | -€12,420 | -22.9% |
| Amounts receivable within one year | 40/41 | €22,828 | €9,633 | -€13,195 | -57.8% |
| Trade receivables | 40 | €13,606 | €4,984 | -€8,622 | -63.4% |
| Other amounts receivable | 41 | €9,222 | €4,649 | -€4,573 | -49.6% |
| Cash at bank and in hand | 54/58 | €30,060 | €56,642 | +€26,582 | +88.4% |
| Deferred charges and accrued income | 490/1 | €2,223 | €2,000 | -€223 | -10.0% |
| Total equity and liabilities | 10/49 | €114,417 | €113,649 | -€768 | -0.7% |
| Equity | 10/15 | €30,763 | €37,403 | +€6,640 | +21.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,763 | €32,403 | +€6,640 | +25.8% |
| Distributable reserves | 133 | €25,763 | €32,403 | +€6,640 | +25.8% |
| Amounts payable | 17/49 | €83,654 | €76,246 | -€7,408 | -8.9% |
| Amounts payable within one year | 42/48 | €83,654 | €76,246 | -€7,408 | -8.9% |
| Financial debts | 43 | €3,318 | - | -€3,318 | |
| Credit institutions | 430/8 | €3,318 | - | -€3,318 | |
| Trade debts | 44 | €79,974 | €66,365 | -€13,609 | -17.0% |
| Suppliers | 440/4 | €79,974 | €66,365 | -€13,609 | -17.0% |
| Taxes, remuneration and social security | 45 | €362 | €7,820 | +€7,458 | +2060.2% |
| Taxes | 450/3 | €362 | €7,820 | +€7,458 | +2060.2% |
| Other amounts payable | 47/48 | - | €2,061 | +€2,061 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,300 | €1,512 | +€212 | +16.3% |
| Other operating charges | 640/8 | €3,209 | €5,014 | +€1,805 | +56.2% |
| Gross operating margin | 9900 | €10,429 | €20,260 | +€9,831 | +94.3% |
| Operating profit (loss) | 9901 | €5,920 | €13,734 | +€7,814 | +132.0% |
| Financial income | 75/76B | €577 | €318 | -€259 | -44.9% |
| Recurring financial income | 75 | €577 | €318 | -€259 | -44.9% |
| Financial charges | 65/66B | €2,707 | €2,475 | -€232 | -8.6% |
| Recurring financial charges | 65 | €2,707 | €2,475 | -€232 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €3,790 | €11,577 | +€7,787 | +205.5% |
| Income taxes | 67/77 | €3,299 | €4,937 | +€1,638 | +49.7% |
| Profit (loss) for the period | 9904 | €491 | €6,640 | +€6,149 | +1252.3% |
| Profit (loss) for the period to be appropriated | 9905 | €491 | €6,640 | +€6,149 | +1252.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.