KOKON & KO: 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.
KOKON & KO
Largest movements
- Stocks and contracts -€65,076
down €65,076 (-48.8%), from €133,476 to €68,400
- Profit (loss) carried forward -€46,680
down €46,680 (-46.5%), from -€100,483 to -€147,162
- Tax, wage and social debts -€31,736
down €31,736 (-76.2%), from €41,651 to €9,915
of which Taxes: -€28,599
- Other debts +€27,521
up €27,521 (+5.4%), from €506,712 to €534,233
- Short-term financial debts -€10,679
no longer reported in 2025 (was €10,679)
of which Credit institutions: -€8,130
- Gross operating margin -€92,297
down €92,297 (-69.4%), from €133,023 to €40,726
- Staff costs -€48,625
down €48,625 (-55.6%), from €87,462 to €38,837
- Other operating charges +€5,326
up €5,326 (+336%), from €1,584 to €6,911
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 | €796,896 | €738,736 | -€58,160 | -7.3% |
| Fixed assets | 21/28 | €662,421 | €668,945 | +€6,523 | +1.0% |
| Tangible fixed assets | 22/27 | €662,421 | €668,945 | +€6,523 | +1.0% |
| Land and buildings | 22 | €638,081 | €621,584 | -€16,497 | -2.6% |
| Plant, machinery and equipment | 23 | €22,518 | €46,570 | +€24,052 | +107% |
| Furniture and vehicles | 24 | €1,822 | €791 | -€1,032 | -56.6% |
| Current assets | 29/58 | €134,474 | €69,792 | -€64,683 | -48.1% |
| Stocks and contracts in progress | 3 | €133,476 | €68,400 | -€65,076 | -48.8% |
| Stocks | 30/36 | €133,476 | €68,400 | -€65,076 | -48.8% |
| Amounts receivable within one year | 40/41 | €998 | €966 | -€32 | -3.2% |
| Other amounts receivable | 41 | €998 | €966 | -€32 | -3.2% |
| Cash at bank and in hand | 54/58 | - | €426 | +€426 | |
| Total equity and liabilities | 10/49 | €796,896 | €738,736 | -€58,160 | -7.3% |
| Equity | 10/15 | €183,217 | €136,538 | -€46,680 | -25.5% |
| Contributions | 10/11 | €110,000 | €112,000 | +€2,000 | +1.8% |
| Capital | 10 | €20,000 | - | -€20,000 | |
| Issued capital | 100 | €20,000 | - | -€20,000 | |
| Contributions outside capital | 11 | €90,000 | €112,000 | +€22,000 | +24.4% |
| Other | 1109/19 | €90,000 | €112,000 | +€22,000 | +24.4% |
| Revaluation surpluses | 12 | €171,700 | €171,700 | = | 0.0% |
| Reserves | 13 | €2,000 | - | -€2,000 | |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Legal reserve | 130 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | -€100,483 | -€147,162 | -€46,680 | -46.5% |
| Amounts payable | 17/49 | €613,678 | €602,199 | -€11,480 | -1.9% |
| Amounts payable after more than one year | 17 | - | €6,606 | +€6,606 | |
| Financial debts | 170/4 | - | €6,606 | +€6,606 | |
| Amounts payable within one year | 42/48 | €613,678 | €595,593 | -€18,086 | -2.9% |
| Financial debts | 43 | €10,679 | - | -€10,679 | |
| Credit institutions | 430/8 | €8,130 | - | -€8,130 | |
| Other loans | 439 | €2,548 | - | -€2,548 | |
| Trade debts | 44 | €52,967 | €51,445 | -€1,522 | -2.9% |
| Suppliers | 440/4 | €52,967 | €51,445 | -€1,522 | -2.9% |
| Advances received on contracts in progress | 46 | €1,670 | - | -€1,670 | |
| Taxes, remuneration and social security | 45 | €41,651 | €9,915 | -€31,736 | -76.2% |
| Taxes | 450/3 | €38,514 | €9,915 | -€28,599 | -74.3% |
| Remuneration and social security | 454/9 | €3,137 | - | -€3,137 | |
| Other amounts payable | 47/48 | €506,712 | €534,233 | +€27,521 | +5.4% |
| Remuneration, social security and pensions | 62 | €87,462 | €38,837 | -€48,625 | -55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,156 | €25,418 | +€261 | +1.0% |
| Other operating charges | 640/8 | €1,584 | €6,911 | +€5,326 | +336% |
| Gross operating margin | 9900 | €133,023 | €40,726 | -€92,297 | -69.4% |
| Operating profit (loss) | 9901 | €18,821 | -€30,439 | -€49,260 | |
| Financial income | 75/76B | €285 | €0 | -€285 | -100.0% |
| Recurring financial income | 75 | €285 | €0 | -€285 | -100.0% |
| Financial charges | 65/66B | €16,936 | €16,241 | -€695 | -4.1% |
| Recurring financial charges | 65 | €16,936 | €16,241 | -€695 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €2,170 | -€46,680 | -€48,850 | |
| Profit (loss) for the period | 9904 | €2,170 | -€46,680 | -€48,850 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,170 | -€46,680 | -€48,850 |
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 25 October 2026 via checked.be.