KOOBASI: 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.
KOOBASI
Largest movements
- Tangible fixed assets +€163,829
up €163,829 (+11.2%), from €1.5m to €1.6m
of which Land and buildings: +€197,422
- Receivables within one year +€44,865
up €44,865 (+704%), from €6,369 to €51,234
of which Other amounts receivable: +€35,622
- Cash -€23,717
down €23,717 (-24.5%), from €96,727 to €73,010
mainly Investment in fixed assets (net) (-€259,017) and Trade debts (-€144,800)
- Reserves +€206,563
up €206,563 (+30.2%), from €683,601 to €890,164
of which Distributable reserves: +€206,563
- Trade debts -€144,800
down €144,800 (-86.1%), from €168,101 to €23,301
- Other debts +€56,515
up €56,515 (+1,446%), from €3,909 to €60,424
- Debts after one year +€43,637
up €43,637 (+7.1%), from €613,374 to €657,011
- Gross operating margin +€133,112
up €133,112 (+33.9%), from €393,207 to €526,319
- Staff costs +€69,020
up €69,020 (+409%), from €16,884 to €85,904
- Depreciation -€27,133
down €27,133 (-22.3%), from €121,669 to €94,536
- Financial charges +€16,117
up €16,117 (+135%), from €11,912 to €28,029
- Taxes -€8,552
down €8,552 (-15.6%), from €54,732 to €46,180
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,569,618 | €1,755,343 | +€185,725 | +11.8% |
| Fixed assets | 21/28 | €1,464,809 | €1,629,290 | +€164,481 | +11.2% |
| Tangible fixed assets | 22/27 | €1,464,809 | €1,628,638 | +€163,829 | +11.2% |
| Land and buildings | 22 | €664,017 | €861,439 | +€197,422 | +29.7% |
| Plant, machinery and equipment | 23 | €697,655 | €689,833 | -€7,822 | -1.1% |
| Furniture and vehicles | 24 | €75,434 | €54,224 | -€21,210 | -28.1% |
| Other tangible fixed assets | 26 | €27,703 | €23,142 | -€4,561 | -16.5% |
| Financial fixed assets | 28 | - | €652 | +€652 | |
| Current assets | 29/58 | €104,809 | €126,053 | +€21,244 | +20.3% |
| Amounts receivable within one year | 40/41 | €6,369 | €51,234 | +€44,865 | +704% |
| Trade receivables | 40 | €1,100 | €10,343 | +€9,243 | +840% |
| Other amounts receivable | 41 | €5,269 | €40,891 | +€35,622 | +676% |
| Cash at bank and in hand | 54/58 | €96,727 | €73,010 | -€23,717 | -24.5% |
| Deferred charges and accrued income | 490/1 | €1,713 | €1,809 | +€96 | +5.6% |
| Total equity and liabilities | 10/49 | €1,569,618 | €1,755,343 | +€185,725 | +11.8% |
| Equity | 10/15 | €702,201 | €908,764 | +€206,563 | +29.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €683,601 | €890,164 | +€206,563 | +30.2% |
| 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 | €681,741 | €888,304 | +€206,563 | +30.3% |
| Amounts payable | 17/49 | €867,417 | €846,579 | -€20,838 | -2.4% |
| Amounts payable after more than one year | 17 | €613,374 | €657,011 | +€43,637 | +7.1% |
| Financial debts | 170/4 | €613,374 | €657,011 | +€43,637 | +7.1% |
| Amounts payable within one year | 42/48 | €254,043 | €189,568 | -€64,475 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €77,621 | €84,800 | +€7,179 | +9.2% |
| Trade debts | 44 | €168,101 | €23,301 | -€144,800 | -86.1% |
| Suppliers | 440/4 | €168,101 | €23,301 | -€144,800 | -86.1% |
| Taxes, remuneration and social security | 45 | €4,412 | €21,044 | +€16,632 | +377% |
| Taxes | 450/3 | €1,970 | €15,464 | +€13,494 | +685% |
| Remuneration and social security | 454/9 | €2,442 | €5,580 | +€3,138 | +128% |
| Other amounts payable | 47/48 | €3,909 | €60,424 | +€56,515 | +1,446% |
| Non-recurring operating income | 76A | €10,500 | - | -€10,500 | |
| Remuneration, social security and pensions | 62 | €16,884 | €85,904 | +€69,020 | +409% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121,669 | €94,536 | -€27,133 | -22.3% |
| Other operating charges | 640/8 | €5,791 | €6,283 | +€492 | +8.5% |
| Gross operating margin | 9900 | €393,207 | €526,319 | +€133,112 | +33.9% |
| Operating profit (loss) | 9901 | €248,863 | €339,596 | +€90,733 | +36.5% |
| Financial income | 75/76B | €29 | €0 | -€29 | -99.9% |
| Recurring financial income | 75 | €29 | €0 | -€29 | -99.9% |
| Financial charges | 65/66B | €11,912 | €28,029 | +€16,117 | +135% |
| Recurring financial charges | 65 | €11,912 | €28,029 | +€16,117 | +135% |
| Profit (loss) for the period before taxes | 9903 | €236,980 | €311,567 | +€74,587 | +31.5% |
| Income taxes | 67/77 | €54,732 | €46,180 | -€8,552 | -15.6% |
| Profit (loss) for the period | 9904 | €182,248 | €265,387 | +€83,139 | +45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €182,248 | €265,387 | +€83,139 | +45.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.