KOKAI: 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.
KOKAI
Largest movements
- Tangible fixed assets -€4,741
down €4,741 (-31.8%), from €14,920 to €10,180
of which Furniture and vehicles: -€3,890
- Advances received -€4,236
down €4,236 (-72.2%), from €5,871 to €1,635
- Profit (loss) carried forward -€1,689
down €1,689 (-1.4%), from -€124,688 to -€126,377
- Other debts +€919
up €919 (+0.8%), from €108,310 to €109,229
- Trade debts +€243
up €243 (+192.7%), from €126 to €369
- Gross operating margin +€8,691
up €8,691, from -€4,520 to €4,172
- Other operating charges +€146
up €146 (+23.7%), from €618 to €764
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 | €14,946 | €10,182 | -€4,764 | -31.9% |
| Fixed assets | 21/28 | €14,920 | €10,180 | -€4,741 | -31.8% |
| Tangible fixed assets | 22/27 | €14,920 | €10,180 | -€4,741 | -31.8% |
| Plant, machinery and equipment | 23 | €1,194 | €343 | -€851 | -71.3% |
| Furniture and vehicles | 24 | €13,727 | €9,837 | -€3,890 | -28.3% |
| Current assets | 29/58 | €26 | €3 | -€23 | -90.3% |
| Cash at bank and in hand | 54/58 | €26 | €3 | -€23 | -90.3% |
| Total equity and liabilities | 10/49 | €14,946 | €10,182 | -€4,764 | -31.9% |
| Equity | 10/15 | -€100,253 | -€101,941 | -€1,689 | -1.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €12,036 | €12,036 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,176 | €10,176 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,688 | -€126,377 | -€1,689 | -1.4% |
| Amounts payable | 17/49 | €115,199 | €112,124 | -€3,075 | -2.7% |
| Amounts payable within one year | 42/48 | €115,199 | €112,124 | -€3,075 | -2.7% |
| Trade debts | 44 | €126 | €369 | +€243 | +192.7% |
| Suppliers | 440/4 | €126 | €369 | +€243 | +192.7% |
| Advances received on contracts in progress | 46 | €5,871 | €1,635 | -€4,236 | -72.2% |
| Taxes, remuneration and social security | 45 | €892 | €891 | -€1 | -0.2% |
| Taxes | 450/3 | €892 | €891 | -€1 | -0.2% |
| Other amounts payable | 47/48 | €108,310 | €109,229 | +€919 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,768 | €4,741 | -€27 | -0.6% |
| Other operating charges | 640/8 | €618 | €764 | +€146 | +23.7% |
| Gross operating margin | 9900 | -€4,520 | €4,172 | +€8,691 | |
| Operating profit (loss) | 9901 | -€9,905 | -€1,333 | +€8,572 | +86.5% |
| Financial income | 75/76B | €2 | €1 | -€1 | -30.5% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -30.5% |
| Financial charges | 65/66B | €181 | €216 | +€35 | +19.3% |
| Recurring financial charges | 65 | €181 | €216 | +€35 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,084 | -€1,548 | +€8,537 | +84.7% |
| Income taxes | 67/77 | €142 | €141 | -€1 | -0.9% |
| Profit (loss) for the period | 9904 | -€10,227 | -€1,689 | +€8,538 | +83.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,227 | -€1,689 | +€8,538 | +83.5% |
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.