KOKASIMA: 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.
KOKASIMA
Largest movements
- Cash -€17,949
down €17,949 (-57.4%), from €31,260 to €13,312
mainly Contributions, distributions and other (-€60,875) and Debts after one year (-€10,351)
- Tangible fixed assets -€9,481
down €9,481 (-25.4%), from €37,357 to €27,876
of which Furniture and vehicles: -€9,828
- Receivables within one year -€8,500
down €8,500 (-19.9%), from €42,642 to €34,142
of which Other amounts receivable: -€9,784
- Profit (loss) carried forward -€22,799
down €22,799 (-37.5%), from €60,875 to €38,076
- Debts after one year -€10,351
no longer reported in 2025 (was €10,351)
- Tax, wage and social debts -€7,191
down €7,191 (-29.9%), from €24,036 to €16,845
of which Taxes: -€4,324
- Other debts +€4,636
new in 2025: €4,636
- Current portion of long-term debt -€3,250
down €3,250 (-23.9%), from €13,600 to €10,351
- Gross operating margin +€26,712
up €26,712 (+65.0%), from €41,077 to €67,790
- Taxes +€5,426
up €5,426 (+80.8%), from €6,711 to €12,137
- Other operating charges +€767
up €767 (+86.9%), from €882 to €1,650
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 | €112,212 | €76,722 | -€35,490 | -31.6% |
| Fixed assets | 21/28 | €37,357 | €27,876 | -€9,481 | -25.4% |
| Tangible fixed assets | 22/27 | €37,357 | €27,876 | -€9,481 | -25.4% |
| Plant, machinery and equipment | 23 | €2,014 | €2,361 | +€347 | +17.2% |
| Furniture and vehicles | 24 | €35,343 | €25,515 | -€9,828 | -27.8% |
| Current assets | 29/58 | €74,854 | €48,846 | -€26,009 | -34.7% |
| Amounts receivable within one year | 40/41 | €42,642 | €34,142 | -€8,500 | -19.9% |
| Trade receivables | 40 | €32,575 | €33,859 | +€1,284 | +3.9% |
| Other amounts receivable | 41 | €10,067 | €283 | -€9,784 | -97.2% |
| Cash at bank and in hand | 54/58 | €31,260 | €13,312 | -€17,949 | -57.4% |
| Deferred charges and accrued income | 490/1 | €952 | €1,392 | +€440 | +46.2% |
| Total equity and liabilities | 10/49 | €112,212 | €76,722 | -€35,490 | -31.6% |
| Equity | 10/15 | €61,875 | €39,076 | -€22,799 | -36.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,875 | €38,076 | -€22,799 | -37.5% |
| Amounts payable | 17/49 | €50,337 | €37,646 | -€12,690 | -25.2% |
| Amounts payable after more than one year | 17 | €10,351 | - | -€10,351 | |
| Financial debts | 170/4 | €10,351 | - | -€10,351 | |
| Amounts payable within one year | 42/48 | €39,920 | €37,124 | -€2,797 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €13,600 | €10,351 | -€3,250 | -23.9% |
| Trade debts | 44 | €2,283 | €5,291 | +€3,008 | +131.7% |
| Suppliers | 440/4 | €2,283 | €5,291 | +€3,008 | +131.7% |
| Taxes, remuneration and social security | 45 | €24,036 | €16,845 | -€7,191 | -29.9% |
| Taxes | 450/3 | €21,170 | €16,845 | -€4,324 | -20.4% |
| Remuneration and social security | 454/9 | €2,867 | - | -€2,867 | |
| Other amounts payable | 47/48 | - | €4,636 | +€4,636 | |
| Accrued charges and deferred income | 492/3 | €66 | €523 | +€457 | +695.8% |
| Non-recurring operating income | 76A | €5,214 | €2,085 | -€3,129 | -60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,521 | €15,329 | -€192 | -1.2% |
| Other operating charges | 640/8 | €882 | €1,650 | +€767 | +86.9% |
| Gross operating margin | 9900 | €41,077 | €67,790 | +€26,712 | +65.0% |
| Operating profit (loss) | 9901 | €24,674 | €50,811 | +€26,137 | +105.9% |
| Financial charges | 65/66B | €820 | €599 | -€221 | -26.9% |
| Recurring financial charges | 65 | €820 | €599 | -€221 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €23,854 | €50,213 | +€26,358 | +110.5% |
| Income taxes | 67/77 | €6,711 | €12,137 | +€5,426 | +80.8% |
| Profit (loss) for the period | 9904 | €17,143 | €38,076 | +€20,933 | +122.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,143 | €38,076 | +€20,933 | +122.1% |
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 7 October 2026 via checked.be.