konos: 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.
konos
Largest movements
- Receivables after one year -€220,000
no longer reported in 2025 (was €220,000)
- Receivables within one year +€139,056
up €139,056 (+16.5%), from €843,377 to €982,433
of which Other amounts receivable: +€154,985
- Tangible fixed assets -€86,243
down €86,243 (-9.5%), from €910,834 to €824,591
of which Plant, machinery and equipment: -€60,095
- Cash +€79,918
up €79,918 (+37.0%), from €215,775 to €295,693
mainly Receivables after one year (+€220,000) and Depreciation (+€86,243)
- Stocks and contracts +€34,044
up €34,044 (+14.6%), from €233,795 to €267,839
- Debts after one year -€100,000
down €100,000 (-40.6%), from €246,579 to €146,579
- Profit (loss) carried forward +€61,272
up €61,272 (+5.8%), from €1.0m to €1.1m
- Trade debts -€35,543
down €35,543 (-42.8%), from €83,077 to €47,534
- Gross operating margin +€42,915
up €42,915 (+19.9%), from €215,490 to €258,406
- Taxes +€21,757
up €21,757 (+145.2%), from €14,981 to €36,737
- Financial charges -€11,539
down €11,539 (-51.3%), from €22,491 to €10,952
- Staff costs +€3,984
up €3,984 (+6.7%), from €59,216 to €63,200
- Depreciation -€2,861
down €2,861 (-3.2%), from €89,104 to €86,243
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 | €2,423,782 | €2,374,239 | -€49,543 | -2.0% |
| Fixed assets | 21/28 | €910,834 | €824,591 | -€86,243 | -9.5% |
| Tangible fixed assets | 22/27 | €910,834 | €824,591 | -€86,243 | -9.5% |
| Land and buildings | 22 | €614,282 | €588,133 | -€26,148 | -4.3% |
| Plant, machinery and equipment | 23 | €296,553 | €236,458 | -€60,095 | -20.3% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €1,512,947 | €1,549,647 | +€36,700 | +2.4% |
| Amounts receivable after more than one year | 29 | €220,000 | - | -€220,000 | |
| Other amounts receivable | 291 | €220,000 | - | -€220,000 | |
| Stocks and contracts in progress | 3 | €233,795 | €267,839 | +€34,044 | +14.6% |
| Stocks | 30/36 | €233,795 | €267,839 | +€34,044 | +14.6% |
| Amounts receivable within one year | 40/41 | €843,377 | €982,433 | +€139,056 | +16.5% |
| Trade receivables | 40 | €242,652 | €226,724 | -€15,929 | -6.6% |
| Other amounts receivable | 41 | €600,724 | €755,709 | +€154,985 | +25.8% |
| Cash at bank and in hand | 54/58 | €215,775 | €295,693 | +€79,918 | +37.0% |
| Deferred charges and accrued income | 490/1 | - | €3,682 | +€3,682 | |
| Total equity and liabilities | 10/49 | €2,423,782 | €2,374,239 | -€49,543 | -2.0% |
| Equity | 10/15 | €1,949,106 | €2,010,378 | +€61,272 | +3.1% |
| Contributions | 10/11 | €496,000 | €496,000 | = | 0.0% |
| Capital | 10 | €496,000 | €496,000 | = | 0.0% |
| Issued capital | 100 | €496,000 | €496,000 | = | 0.0% |
| Reserves | 13 | €403,730 | €403,730 | = | 0.0% |
| Non-distributable reserves | 130/1 | €49,579 | €49,579 | = | 0.0% |
| Legal reserve | 130 | €49,579 | €49,579 | = | 0.0% |
| Tax-exempt reserves | 132 | €41,229 | €41,229 | = | 0.0% |
| Distributable reserves | 133 | €312,923 | €312,923 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,049,376 | €1,110,647 | +€61,272 | +5.8% |
| Amounts payable | 17/49 | €474,676 | €363,861 | -€110,815 | -23.3% |
| Amounts payable after more than one year | 17 | €246,579 | €146,579 | -€100,000 | -40.6% |
| Other amounts payable | 178/9 | €246,579 | €146,579 | -€100,000 | -40.6% |
| Amounts payable within one year | 42/48 | €228,097 | €214,801 | -€13,296 | -5.8% |
| Trade debts | 44 | €83,077 | €47,534 | -€35,543 | -42.8% |
| Suppliers | 440/4 | €83,077 | €47,534 | -€35,543 | -42.8% |
| Taxes, remuneration and social security | 45 | €3,820 | €25,867 | +€22,047 | +577.2% |
| Taxes | 450/3 | €40 | €22,001 | +€21,962 | +55389.2% |
| Remuneration and social security | 454/9 | €3,780 | €3,866 | +€86 | +2.3% |
| Other amounts payable | 47/48 | €141,200 | €141,400 | +€200 | +0.1% |
| Accrued charges and deferred income | 492/3 | - | €2,481 | +€2,481 | |
| Remuneration, social security and pensions | 62 | €59,216 | €63,200 | +€3,984 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,104 | €86,243 | -€2,861 | -3.2% |
| Other operating charges | 640/8 | €12,323 | €11,871 | -€452 | -3.7% |
| Gross operating margin | 9900 | €215,490 | €258,406 | +€42,915 | +19.9% |
| Operating profit (loss) | 9901 | €54,847 | €97,091 | +€42,244 | +77.0% |
| Financial income | 75/76B | €12,861 | €13,270 | +€409 | +3.2% |
| Recurring financial income | 75 | €12,861 | €4,970 | -€7,891 | -61.4% |
| Non-recurring financial income | 76B | - | €8,300 | +€8,300 | |
| Financial charges | 65/66B | €22,491 | €10,952 | -€11,539 | -51.3% |
| Recurring financial charges | 65 | €22,491 | €10,952 | -€11,539 | -51.3% |
| Profit (loss) for the period before taxes | 9903 | €45,217 | €99,409 | +€54,192 | +119.9% |
| Income taxes | 67/77 | €14,981 | €36,737 | +€21,757 | +145.2% |
| Profit (loss) for the period | 9904 | €30,236 | €62,672 | +€32,436 | +107.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,236 | €62,672 | +€32,436 | +107.3% |
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 29 September 2026 via checked.be.