KÖKSAL 29: 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.
KÖKSAL 29
Largest movements
- Stocks and contracts +€23,250
up €23,250 (+424%), from €5,478 to €28,729
- Cash -€7,590
down €7,590 (-16.7%), from €45,455 to €37,865
mainly Investment in fixed assets (net) (-€31,577) and Stocks and contracts (-€23,250)
- Receivables within one year -€2,749
down €2,749 (-27.3%), from €10,059 to €7,310
of which Other amounts receivable: -€7,274
- Reserves +€10,563
up €10,563 (+15.3%), from €69,138 to €79,700
of which Distributable reserves: +€10,563
- Trade debts +€8,113
up €8,113 (+505%), from €1,606 to €9,719
- Other debts -€4,706
down €4,706 (-10.9%), from €43,265 to €38,559
- Gross operating margin +€9,178
up €9,178 (+14.8%), from €61,809 to €70,986
- Staff costs +€5,750
up €5,750 (+37.0%), from €15,524 to €21,274
- Depreciation +€4,725
up €4,725 (+17.5%), from €27,041 to €31,767
- Financial charges +€1,320
up €1,320 (+334%), from €396 to €1,716
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 | €128,165 | €140,887 | +€12,722 | +9.9% |
| Fixed assets | 21/28 | €67,173 | €66,983 | -€190 | -0.3% |
| Tangible fixed assets | 22/27 | €67,173 | €66,983 | -€190 | -0.3% |
| Land and buildings | 22 | - | €7,524 | +€7,524 | |
| Plant, machinery and equipment | 23 | €11,454 | €17,578 | +€6,124 | +53.5% |
| Furniture and vehicles | 24 | €40,414 | €31,907 | -€8,507 | -21.0% |
| Other tangible fixed assets | 26 | €15,305 | €9,974 | -€5,331 | -34.8% |
| Current assets | 29/58 | €60,993 | €73,905 | +€12,912 | +21.2% |
| Stocks and contracts in progress | 3 | €5,478 | €28,729 | +€23,250 | +424% |
| Stocks | 30/36 | €5,478 | €28,729 | +€23,250 | +424% |
| Amounts receivable within one year | 40/41 | €10,059 | €7,310 | -€2,749 | -27.3% |
| Trade receivables | 40 | - | €4,526 | +€4,526 | |
| Other amounts receivable | 41 | €10,059 | €2,785 | -€7,274 | -72.3% |
| Cash at bank and in hand | 54/58 | €45,455 | €37,865 | -€7,590 | -16.7% |
| Total equity and liabilities | 10/49 | €128,165 | €140,887 | +€12,722 | +9.9% |
| Equity | 10/15 | €75,338 | €85,900 | +€10,563 | +14.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €69,138 | €79,700 | +€10,563 | +15.3% |
| 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 | €67,278 | €77,840 | +€10,563 | +15.7% |
| Amounts payable | 17/49 | €52,828 | €54,987 | +€2,159 | +4.1% |
| Amounts payable within one year | 42/48 | €52,828 | €54,987 | +€2,159 | +4.1% |
| Trade debts | 44 | €1,606 | €9,719 | +€8,113 | +505% |
| Suppliers | 440/4 | €1,606 | €9,719 | +€8,113 | +505% |
| Taxes, remuneration and social security | 45 | €7,956 | €6,708 | -€1,248 | -15.7% |
| Taxes | 450/3 | €2,936 | €3,488 | +€552 | +18.8% |
| Remuneration and social security | 454/9 | €5,021 | €3,220 | -€1,800 | -35.9% |
| Other amounts payable | 47/48 | €43,265 | €38,559 | -€4,706 | -10.9% |
| Remuneration, social security and pensions | 62 | €15,524 | €21,274 | +€5,750 | +37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,041 | €31,767 | +€4,725 | +17.5% |
| Other operating charges | 640/8 | €2,412 | €2,895 | +€482 | +20.0% |
| Non-recurring operating charges | 66A | €2,220 | - | -€2,220 | |
| Gross operating margin | 9900 | €61,809 | €70,986 | +€9,178 | +14.8% |
| Operating profit (loss) | 9901 | €14,611 | €15,051 | +€440 | +3.0% |
| Financial charges | 65/66B | €396 | €1,716 | +€1,320 | +334% |
| Recurring financial charges | 65 | €396 | €1,716 | +€1,320 | +334% |
| Profit (loss) for the period before taxes | 9903 | €14,216 | €13,335 | -€881 | -6.2% |
| Income taxes | 67/77 | €3,216 | €2,772 | -€444 | -13.8% |
| Profit (loss) for the period | 9904 | €10,999 | €10,563 | -€437 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,999 | €10,563 | -€437 | -4.0% |
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 31 October 2026 via checked.be.