KOKUA: what changed
Two fiscal 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.
KOKUA
Largest movements
- Cash +€1,589
new in 2025: €1,589
mainly Other debts (+€1,526) and Depreciation (+€234)
- Tangible fixed assets -€234
down €234 (-45.2%), from €518 to €284
of which Plant, machinery and equipment: -€160
- Receivables within one year -€225
no longer reported in 2025 (was €225)
- Other debts +€1,526
up €1,526 (+1278.6%), from €119 to €1,645
- Current portion of long-term debt -€497
down €497 (-5.1%), from €9,697 to €9,200
- Profit (loss) carried forward +€200
up €200 (+0.9%), from -€22,106 to -€21,906
- Trade debts -€62
down €62 (-55.4%), from €113 to €50
- Short-term financial debts -€22
no longer reported in 2025 (was €22)
- Depreciation -€7,117
down €7,117 (-96.8%), from €7,351 to €234
- Gross operating margin -€6,057
down €6,057 (-84.5%), from €7,167 to €1,109
- Financial charges -€530
down €530 (-82.1%), from €646 to €116
- Other operating charges -€134
down €134 (-33.0%), from €407 to €273
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.
Cash bridge derived
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 | €743 | €1,873 | +€1,131 | +152.2% |
| Fixed assets | 21/28 | €518 | €284 | -€234 | -45.2% |
| Tangible fixed assets | 22/27 | €518 | €284 | -€234 | -45.2% |
| Plant, machinery and equipment | 23 | €444 | €284 | -€160 | -36.0% |
| Furniture and vehicles | 24 | €74 | - | -€74 | |
| Current assets | 29/58 | €225 | €1,589 | +€1,364 | +606.4% |
| Amounts receivable within one year | 40/41 | €225 | - | -€225 | |
| Trade receivables | 40 | €225 | - | -€225 | |
| Cash at bank and in hand | 54/58 | - | €1,589 | +€1,589 | |
| Total equity and liabilities | 10/49 | €743 | €1,873 | +€1,131 | +152.2% |
| Equity | 10/15 | -€9,780 | -€9,580 | +€200 | +2.0% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Reserves | 13 | €8,726 | €8,726 | = | 0.0% |
| Distributable reserves | 133 | €8,726 | €8,726 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,106 | -€21,906 | +€200 | +0.9% |
| Amounts payable | 17/49 | €10,522 | €11,453 | +€931 | +8.8% |
| Amounts payable within one year | 42/48 | €10,522 | €11,453 | +€931 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €9,697 | €9,200 | -€497 | -5.1% |
| Financial debts | 43 | €22 | - | -€22 | |
| Credit institutions | 430/8 | €22 | - | -€22 | |
| Trade debts | 44 | €113 | €50 | -€62 | -55.4% |
| Suppliers | 440/4 | €113 | €50 | -€62 | -55.4% |
| Taxes, remuneration and social security | 45 | €571 | €557 | -€14 | -2.4% |
| Taxes | 450/3 | €571 | €557 | -€14 | -2.4% |
| Other amounts payable | 47/48 | €119 | €1,645 | +€1,526 | +1278.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,351 | €234 | -€7,117 | -96.8% |
| Other operating charges | 640/8 | €407 | €273 | -€134 | -33.0% |
| Gross operating margin | 9900 | €7,167 | €1,109 | -€6,057 | -84.5% |
| Operating profit (loss) | 9901 | -€592 | €603 | +€1,194 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €646 | €116 | -€530 | -82.1% |
| Recurring financial charges | 65 | €646 | €116 | -€530 | -82.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,237 | €487 | +€1,725 | |
| Income taxes | 67/77 | €270 | €287 | +€17 | +6.3% |
| Profit (loss) for the period | 9904 | -€1,507 | €200 | +€1,708 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,507 | €200 | +€1,708 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.