KOKIDO: 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.
KOKIDO
Largest movements
- Cash -€43,623
down €43,623 (-58.3%), from €74,820 to €31,197
mainly Investment in fixed assets (net) (-€54,200) and Contributions, distributions and other (-€25,048)
- Tangible fixed assets +€41,052
up €41,052 (+96.8%), from €42,430 to €83,482
of which Furniture and vehicles: +€44,084
- Receivables within one year +€1,883
up €1,883 (+104%), from €1,803 to €3,686
of which Other amounts receivable: +€3,686
- Deferred charges and accrued income +€1,818
up €1,818 (+429%), from €424 to €2,242
- Current portion of long-term debt +€23,494
up €23,494 (+294%), from €7,990 to €31,484
- Other debts -€21,378
down €21,378 (-40.0%), from €53,443 to €32,065
- Trade debts -€5,827
no longer reported in 2025 (was €5,827)
- Debts after one year +€5,456
up €5,456 (+28.2%), from €19,340 to €24,796
- Gross operating margin -€13,267
down €13,267 (-19.6%), from €67,563 to €54,296
- Depreciation +€6,738
up €6,738 (+105%), from €6,410 to €13,148
- Taxes -€5,407
down €5,407 (-43.6%), from €12,400 to €6,994
- Financial charges +€3,903
up €3,903 (+88.7%), from €4,400 to €8,303
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 | €119,477 | €120,606 | +€1,129 | +0.9% |
| Fixed assets | 21/28 | €42,430 | €83,482 | +€41,052 | +96.8% |
| Tangible fixed assets | 22/27 | €42,430 | €83,482 | +€41,052 | +96.8% |
| Plant, machinery and equipment | 23 | €3,386 | €2,339 | -€1,047 | -30.9% |
| Furniture and vehicles | 24 | €1,777 | €45,861 | +€44,084 | +2,481% |
| Other tangible fixed assets | 26 | €37,267 | €35,282 | -€1,986 | -5.3% |
| Current assets | 29/58 | €77,047 | €37,125 | -€39,923 | -51.8% |
| Amounts receivable within one year | 40/41 | €1,803 | €3,686 | +€1,883 | +104% |
| Trade receivables | 40 | €1,803 | - | -€1,803 | |
| Other amounts receivable | 41 | - | €3,686 | +€3,686 | |
| Cash at bank and in hand | 54/58 | €74,820 | €31,197 | -€43,623 | -58.3% |
| Deferred charges and accrued income | 490/1 | €424 | €2,242 | +€1,818 | +429% |
| Total equity and liabilities | 10/49 | €119,477 | €120,606 | +€1,129 | +0.9% |
| Equity | 10/15 | €25,567 | €25,567 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,967 | €6,967 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,360 | €2,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,360 | €2,360 | = | 0.0% |
| Distributable reserves | 133 | €4,607 | €4,607 | = | 0.0% |
| Amounts payable | 17/49 | €93,910 | €95,039 | +€1,129 | +1.2% |
| Amounts payable after more than one year | 17 | €19,340 | €24,796 | +€5,456 | +28.2% |
| Financial debts | 170/4 | €19,340 | €24,796 | +€5,456 | +28.2% |
| Amounts payable within one year | 42/48 | €74,570 | €70,243 | -€4,327 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €7,990 | €31,484 | +€23,494 | +294% |
| Trade debts | 44 | €5,827 | - | -€5,827 | |
| Suppliers | 440/4 | €5,827 | - | -€5,827 | |
| Taxes, remuneration and social security | 45 | €7,310 | €6,694 | -€616 | -8.4% |
| Taxes | 450/3 | €4,672 | €6,694 | +€2,022 | +43.3% |
| Remuneration and social security | 454/9 | €2,638 | - | -€2,638 | |
| Other amounts payable | 47/48 | €53,443 | €32,065 | -€21,378 | -40.0% |
| Remuneration, social security and pensions | 62 | €331 | - | -€331 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,410 | €13,148 | +€6,738 | +105% |
| Other operating charges | 640/8 | €657 | €850 | +€194 | +29.5% |
| Gross operating margin | 9900 | €67,563 | €54,296 | -€13,267 | -19.6% |
| Operating profit (loss) | 9901 | €60,166 | €40,298 | -€19,868 | -33.0% |
| Financial income | 75/76B | €78 | €47 | -€31 | -39.4% |
| Recurring financial income | 75 | €78 | €47 | -€31 | -39.4% |
| Financial charges | 65/66B | €4,400 | €8,303 | +€3,903 | +88.7% |
| Recurring financial charges | 65 | €4,400 | €8,303 | +€3,903 | +88.7% |
| Profit (loss) for the period before taxes | 9903 | €55,843 | €32,042 | -€23,801 | -42.6% |
| Income taxes | 67/77 | €12,400 | €6,994 | -€5,407 | -43.6% |
| Profit (loss) for the period | 9904 | €43,443 | €25,048 | -€18,395 | -42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,443 | €25,048 | -€18,395 | -42.3% |
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 23 October 2026 via checked.be.