KOLOS: 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.
KOLOS
Largest movements
- Cash -€60,162
down €60,162 (-65.1%), from €92,351 to €32,189
mainly Investment in fixed assets (net) (-€36,856) and Receivables within one year (-€34,034)
- Receivables within one year +€34,034
up €34,034 (+84.0%), from €40,518 to €74,552
of which Trade receivables: +€29,466
- Tangible fixed assets +€20,487
up €20,487 (+66.7%), from €30,706 to €51,193
of which Furniture and vehicles: +€21,245
- Current investments +€3,750
new in 2025: €3,750
- Profit (loss) carried forward +€4,420
up €4,420 (+8.1%), from €54,715 to €59,135
- Other debts -€3,573
down €3,573 (-5.8%), from €61,113 to €57,540
- Tax, wage and social debts -€3,226
down €3,226 (-8.4%), from €38,254 to €35,028
of which Taxes: -€2,181
- Gross operating margin -€14,193
down €14,193 (-10.7%), from €133,005 to €118,812
- Depreciation +€8,196
up €8,196 (+100.3%), from €8,173 to €16,369
- Taxes -€4,404
down €4,404 (-67.4%), from €6,531 to €2,127
- Staff costs +€2,799
up €2,799 (+3.0%), from €92,297 to €95,096
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 | €184,260 | €182,875 | -€1,385 | -0.8% |
| Fixed assets | 21/28 | €30,706 | €51,193 | +€20,487 | +66.7% |
| Tangible fixed assets | 22/27 | €30,706 | €51,193 | +€20,487 | +66.7% |
| Land and buildings | 22 | €6,414 | €7,624 | +€1,210 | +18.9% |
| Plant, machinery and equipment | 23 | €9,020 | €7,052 | -€1,968 | -21.8% |
| Furniture and vehicles | 24 | €15,272 | €36,517 | +€21,245 | +139.1% |
| Current assets | 29/58 | €153,554 | €131,682 | -€21,872 | -14.2% |
| Amounts receivable within one year | 40/41 | €40,518 | €74,552 | +€34,034 | +84.0% |
| Trade receivables | 40 | €36,366 | €65,832 | +€29,466 | +81.0% |
| Other amounts receivable | 41 | €4,152 | €8,720 | +€4,568 | +110.0% |
| Current investments | 50/53 | - | €3,750 | +€3,750 | |
| Cash at bank and in hand | 54/58 | €92,351 | €32,189 | -€60,162 | -65.1% |
| Deferred charges and accrued income | 490/1 | €20,685 | €21,191 | +€506 | +2.4% |
| Total equity and liabilities | 10/49 | €184,260 | €182,875 | -€1,385 | -0.8% |
| Equity | 10/15 | €75,175 | €79,595 | +€4,420 | +5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,715 | €59,135 | +€4,420 | +8.1% |
| Amounts payable | 17/49 | €109,085 | €103,280 | -€5,805 | -5.3% |
| Amounts payable within one year | 42/48 | €109,085 | €103,280 | -€5,805 | -5.3% |
| Trade debts | 44 | €9,718 | €10,712 | +€994 | +10.2% |
| Suppliers | 440/4 | €9,718 | €10,712 | +€994 | +10.2% |
| Taxes, remuneration and social security | 45 | €38,254 | €35,028 | -€3,226 | -8.4% |
| Taxes | 450/3 | €26,337 | €24,156 | -€2,181 | -8.3% |
| Remuneration and social security | 454/9 | €11,917 | €10,872 | -€1,045 | -8.8% |
| Other amounts payable | 47/48 | €61,113 | €57,540 | -€3,573 | -5.8% |
| Remuneration, social security and pensions | 62 | €92,297 | €95,096 | +€2,799 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,173 | €16,369 | +€8,196 | +100.3% |
| Other operating charges | 640/8 | €1,858 | €539 | -€1,319 | -71.0% |
| Gross operating margin | 9900 | €133,005 | €118,812 | -€14,193 | -10.7% |
| Operating profit (loss) | 9901 | €30,677 | €6,808 | -€23,869 | -77.8% |
| Financial income | 75/76B | €76 | €170 | +€94 | +123.7% |
| Recurring financial income | 75 | €76 | €170 | +€94 | +123.7% |
| Financial charges | 65/66B | - | €431 | +€431 | |
| Recurring financial charges | 65 | - | €431 | +€431 | |
| Profit (loss) for the period before taxes | 9903 | €30,753 | €6,547 | -€24,206 | -78.7% |
| Income taxes | 67/77 | €6,531 | €2,127 | -€4,404 | -67.4% |
| Profit (loss) for the period | 9904 | €24,222 | €4,420 | -€19,802 | -81.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,222 | €4,420 | -€19,802 | -81.8% |
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 8 October 2026 via checked.be.