Kokkin Malika: 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.
Kokkin Malika
Largest movements
- Cash -€9,461
down €9,461 (-66.6%), from €14,209 to €4,748
mainly Net result for the year (-€14,927) and Investment in fixed assets (net) (-€9,376)
- Tangible fixed assets +€5,045
up €5,045 (+88.1%), from €5,727 to €10,772
of which Furniture and vehicles: +€4,910
- Receivables within one year +€2,594
up €2,594 (+39.2%), from €6,614 to €9,208
of which Trade receivables: +€4,266
- Deferred charges and accrued income +€1,792
new in 2025: €1,792
- Stocks and contracts -€896
down €896 (-14.1%), from €6,374 to €5,479
- Profit (loss) carried forward -€14,927
down €14,927, from €4,651 to -€10,276
- Tax, wage and social debts +€8,362
up €8,362 (+254%), from €3,287 to €11,649
of which Remuneration and social security: +€7,321
- Trade debts +€4,385
new in 2025: €4,385
- Accrued charges and deferred income +€1,254
up €1,254 (+164%), from €764 to €2,019
- Staff costs +€10,970
up €10,970 (+158%), from €6,952 to €17,923
- Gross operating margin -€9,047
down €9,047 (-47.4%), from €19,103 to €10,056
- Other operating charges -€1,419
down €1,419 (-42.6%), from €3,328 to €1,910
- Taxes -€611
down €611 (-81.1%), from €752 to €142
- Depreciation +€580
up €580 (+15.5%), from €3,751 to €4,331
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 | €32,924 | €31,998 | -€926 | -2.8% |
| Fixed assets | 21/28 | €5,727 | €10,772 | +€5,045 | +88.1% |
| Tangible fixed assets | 22/27 | €5,727 | €10,772 | +€5,045 | +88.1% |
| Land and buildings | 22 | €1,100 | €2,102 | +€1,002 | +91.1% |
| Plant, machinery and equipment | 23 | €3,501 | €2,633 | -€868 | -24.8% |
| Furniture and vehicles | 24 | €1,126 | €6,037 | +€4,910 | +436% |
| Current assets | 29/58 | €27,197 | €21,226 | -€5,971 | -22.0% |
| Stocks and contracts in progress | 3 | €6,374 | €5,479 | -€896 | -14.1% |
| Stocks | 30/36 | €6,374 | €5,479 | -€896 | -14.1% |
| Amounts receivable within one year | 40/41 | €6,614 | €9,208 | +€2,594 | +39.2% |
| Trade receivables | 40 | €4,940 | €9,206 | +€4,266 | +86.4% |
| Other amounts receivable | 41 | €1,674 | €1 | -€1,672 | -99.9% |
| Cash at bank and in hand | 54/58 | €14,209 | €4,748 | -€9,461 | -66.6% |
| Deferred charges and accrued income | 490/1 | - | €1,792 | +€1,792 | |
| Total equity and liabilities | 10/49 | €32,924 | €31,998 | -€926 | -2.8% |
| Equity | 10/15 | €28,873 | €13,946 | -€14,927 | -51.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €4,222 | €4,222 | = | 0.0% |
| Distributable reserves | 133 | €4,222 | €4,222 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,651 | -€10,276 | -€14,927 | |
| Amounts payable | 17/49 | €4,051 | €18,052 | +€14,001 | +346% |
| Amounts payable within one year | 42/48 | €3,287 | €16,034 | +€12,746 | +388% |
| Trade debts | 44 | - | €4,385 | +€4,385 | |
| Suppliers | 440/4 | - | €4,385 | +€4,385 | |
| Taxes, remuneration and social security | 45 | €3,287 | €11,649 | +€8,362 | +254% |
| Taxes | 450/3 | €955 | €1,996 | +€1,041 | +109% |
| Remuneration and social security | 454/9 | €2,332 | €9,653 | +€7,321 | +314% |
| Accrued charges and deferred income | 492/3 | €764 | €2,019 | +€1,254 | +164% |
| Remuneration, social security and pensions | 62 | €6,952 | €17,923 | +€10,970 | +158% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,751 | €4,331 | +€580 | +15.5% |
| Other operating charges | 640/8 | €3,328 | €1,910 | -€1,419 | -42.6% |
| Gross operating margin | 9900 | €19,103 | €10,056 | -€9,047 | -47.4% |
| Operating profit (loss) | 9901 | €5,071 | -€14,107 | -€19,178 | |
| Financial income | 75/76B | €9 | €4 | -€4 | -50.9% |
| Recurring financial income | 75 | €9 | €4 | -€4 | -50.9% |
| Financial charges | 65/66B | €106 | €682 | +€577 | +546% |
| Recurring financial charges | 65 | €106 | €682 | +€577 | +546% |
| Profit (loss) for the period before taxes | 9903 | €4,975 | -€14,785 | -€19,760 | |
| Income taxes | 67/77 | €752 | €142 | -€611 | -81.1% |
| Profit (loss) for the period | 9904 | €4,222 | -€14,927 | -€19,149 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,222 | -€14,927 | -€19,149 |
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 26 October 2026 via checked.be.