KOKKEUREL: 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.
KOKKEUREL
Largest movements
- Receivables after one year +€50,000
up €50,000 (+8.4%), from €594,451 to €644,451
- Receivables within one year +€35,470
up €35,470 (+110.1%), from €32,208 to €67,678
of which Trade receivables: +€35,470
- Deferred charges and accrued income +€16,289
up €16,289 (+6.5%), from €251,850 to €268,139
- Advances received +€56,584
up €56,584 (+15.5%), from €364,553 to €421,138
- Debts after one year -€32,232
down €32,232 (-7.4%), from €436,420 to €404,188
- Reserves +€22,600
up €22,600 (+11.0%), from €205,932 to €228,532
of which Distributable reserves: +€22,600
- Tax, wage and social debts +€17,566
up €17,566 (+33.1%), from €53,108 to €70,675
- Taxes +€13,229
up €13,229 (+61.0%), from €21,695 to €34,925
- Financial income +€3,431
up €3,431 (+22.9%), from €14,996 to €18,427
- Gross operating margin +€3,423
up €3,423 (+3.3%), from €102,957 to €106,380
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,137,868 | €1,229,078 | +€91,210 | +8.0% |
| Fixed assets | 21/28 | €259,359 | €248,810 | -€10,549 | -4.1% |
| Tangible fixed assets | 22/27 | €259,359 | €248,810 | -€10,549 | -4.1% |
| Land and buildings | 22 | €258,896 | €247,820 | -€11,076 | -4.3% |
| Furniture and vehicles | 24 | €463 | €990 | +€527 | +113.8% |
| Current assets | 29/58 | €878,508 | €980,267 | +€101,759 | +11.6% |
| Amounts receivable after more than one year | 29 | €594,451 | €644,451 | +€50,000 | +8.4% |
| Other amounts receivable | 291 | €594,451 | €644,451 | +€50,000 | +8.4% |
| Amounts receivable within one year | 40/41 | €32,208 | €67,678 | +€35,470 | +110.1% |
| Trade receivables | 40 | €24,550 | €60,020 | +€35,470 | +144.5% |
| Other amounts receivable | 41 | €7,658 | €7,658 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €251,850 | €268,139 | +€16,289 | +6.5% |
| Total equity and liabilities | 10/49 | €1,137,868 | €1,229,078 | +€91,210 | +8.0% |
| Equity | 10/15 | €204,830 | €227,535 | +€22,705 | +11.1% |
| Contributions | 10/11 | €6,292 | €6,292 | = | 0.0% |
| Revaluation surpluses | 12 | €139,916 | €139,916 | = | 0.0% |
| Reserves | 13 | €205,932 | €228,532 | +€22,600 | +11.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €204,072 | €226,672 | +€22,600 | +11.1% |
| Profit (loss) carried forward | 14 | -€147,310 | -€147,205 | +€105 | +0.1% |
| Amounts payable | 17/49 | €933,038 | €1,001,542 | +€68,505 | +7.3% |
| Amounts payable after more than one year | 17 | €436,420 | €404,188 | -€32,232 | -7.4% |
| Financial debts | 170/4 | €436,420 | €404,188 | -€32,232 | -7.4% |
| Amounts payable within one year | 42/48 | €475,091 | €566,673 | +€91,582 | +19.3% |
| Current portion of amounts payable after more than one year | 42 | €33,851 | €40,775 | +€6,924 | +20.5% |
| Financial debts | 43 | €21,155 | €25,329 | +€4,174 | +19.7% |
| Credit institutions | 430/8 | €21,155 | €25,329 | +€4,174 | +19.7% |
| Trade debts | 44 | €2,424 | €5,638 | +€3,215 | +132.6% |
| Suppliers | 440/4 | €2,424 | €5,638 | +€3,215 | +132.6% |
| Advances received on contracts in progress | 46 | €364,553 | €421,138 | +€56,584 | +15.5% |
| Taxes, remuneration and social security | 45 | €53,108 | €70,675 | +€17,566 | +33.1% |
| Taxes | 450/3 | €53,108 | €70,675 | +€17,566 | +33.1% |
| Other amounts payable | 47/48 | €0 | €3,118 | +€3,118 | |
| Accrued charges and deferred income | 492/3 | €21,527 | €30,682 | +€9,155 | +42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,169 | €11,332 | +€163 | +1.5% |
| Other operating charges | 640/8 | €7,147 | €6,283 | -€864 | -12.1% |
| Gross operating margin | 9900 | €102,957 | €106,380 | +€3,423 | +3.3% |
| Operating profit (loss) | 9901 | €84,641 | €88,765 | +€4,124 | +4.9% |
| Financial income | 75/76B | €14,996 | €18,427 | +€3,431 | +22.9% |
| Recurring financial income | 75 | €14,996 | €18,427 | +€3,431 | +22.9% |
| Financial charges | 65/66B | €50,309 | €49,562 | -€747 | -1.5% |
| Recurring financial charges | 65 | €50,309 | €49,562 | -€747 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €49,328 | €57,630 | +€8,302 | +16.8% |
| Income taxes | 67/77 | €21,695 | €34,925 | +€13,229 | +61.0% |
| Profit (loss) for the period | 9904 | €27,633 | €22,705 | -€4,928 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,633 | €22,705 | -€4,928 | -17.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.