KOKAT: 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.
KOKAT
Largest movements
- Deferred charges and accrued income +€3,484
up €3,484 (+94.5%), from €3,687 to €7,171
- Cash +€1,944
up €1,944 (+25.4%), from €7,660 to €9,604
mainly Net result for the year (+€9,435) and Depreciation (+€599)
- Tangible fixed assets +€1,775
up €1,775 (+256.8%), from €691 to €2,467
- Receivables within one year +€412
up €412 (+3.0%), from €13,815 to €14,227
of which Other amounts receivable: +€1,267
- Reserves +€8,602
up €8,602 (+41.5%), from €20,750 to €29,352
- Tax, wage and social debts -€749
down €749 (-46.5%), from €1,609 to €860
- Gross operating margin -€1,570
down €1,570 (-9.2%), from €17,103 to €15,532
- Financial charges -€483
down €483 (-47.6%), from €1,017 to €533
- Taxes -€388
down €388 (-8.7%), from €4,451 to €4,062
- Financial income +€388
up €388 (+251.7%), from €154 to €542
of which Non-recurring financial income: +€403
- Depreciation +€332
up €332 (+124.5%), from €267 to €599
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 | €30,846 | €38,484 | +€7,638 | +24.8% |
| Fixed assets | 21/28 | €961 | €2,737 | +€1,775 | +184.7% |
| Tangible fixed assets | 22/27 | €691 | €2,467 | +€1,775 | +256.8% |
| Furniture and vehicles | 24 | €691 | €2,467 | +€1,775 | +256.8% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €29,885 | €35,748 | +€5,863 | +19.6% |
| Amounts receivable within one year | 40/41 | €13,815 | €14,227 | +€412 | +3.0% |
| Trade receivables | 40 | €9,855 | €9,000 | -€855 | -8.7% |
| Other amounts receivable | 41 | €3,960 | €5,227 | +€1,267 | +32.0% |
| Current investments | 50/53 | €4,723 | €4,746 | +€23 | +0.5% |
| Cash at bank and in hand | 54/58 | €7,660 | €9,604 | +€1,944 | +25.4% |
| Deferred charges and accrued income | 490/1 | €3,687 | €7,171 | +€3,484 | +94.5% |
| Total equity and liabilities | 10/49 | €30,846 | €38,484 | +€7,638 | +24.8% |
| Equity | 10/15 | €26,950 | €35,552 | +€8,602 | +31.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,750 | €29,352 | +€8,602 | +41.5% |
| Distributable reserves | 133 | €20,750 | €29,352 | +€8,602 | +41.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,896 | €2,932 | -€964 | -24.7% |
| Amounts payable within one year | 42/48 | €3,896 | €2,932 | -€964 | -24.7% |
| Trade debts | 44 | €1,454 | €1,239 | -€215 | -14.8% |
| Suppliers | 440/4 | €1,454 | €1,239 | -€215 | -14.8% |
| Taxes, remuneration and social security | 45 | €1,609 | €860 | -€749 | -46.5% |
| Taxes | 450/3 | €1,609 | €860 | -€749 | -46.5% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €267 | €599 | +€332 | +124.5% |
| Other operating charges | 640/8 | €1,546 | €1,445 | -€101 | -6.5% |
| Gross operating margin | 9900 | €17,103 | €15,532 | -€1,570 | -9.2% |
| Operating profit (loss) | 9901 | €15,289 | €13,488 | -€1,801 | -11.8% |
| Financial income | 75/76B | €154 | €542 | +€388 | +251.7% |
| Recurring financial income | 75 | €154 | €139 | -€15 | -9.6% |
| Non-recurring financial income | 76B | - | €403 | +€403 | |
| Financial charges | 65/66B | €1,017 | €533 | -€483 | -47.6% |
| Recurring financial charges | 65 | €1,017 | €533 | -€483 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | €14,427 | €13,497 | -€930 | -6.4% |
| Income taxes | 67/77 | €4,451 | €4,062 | -€388 | -8.7% |
| Profit (loss) for the period | 9904 | €9,976 | €9,435 | -€541 | -5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,976 | €9,435 | -€541 | -5.4% |
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 8 October 2026 via checked.be.