Koole & co: 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.
Koole & co
Largest movements
- Cash -€20,484
down €20,484 (-16.2%), from €126,267 to €105,783
mainly Contributions, distributions and other (-€150,588) and Investment in fixed assets (net) (-€2,035)
- Receivables within one year -€5,635
down €5,635 (-26.0%), from €21,697 to €16,062
of which Other amounts receivable: -€6,385
- Reserves -€112,489
down €112,489 (-78.8%), from €142,819 to €30,329
- Other debts +€68,034
up €68,034 (+2,138%), from €3,181 to €71,216
- Tax, wage and social debts +€18,291
up €18,291 (+622%), from €2,939 to €21,230
- Gross operating margin +€14,405
up €14,405 (+38.2%), from €37,663 to €52,068
- Taxes +€2,904
up €2,904 (+40.0%), from €7,253 to €10,158
- Other operating charges +€748
up €748 (+253%), from €296 to €1,044
- Financial charges -€534
down €534 (-21.1%), from €2,531 to €1,997
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 | €153,501 | €128,700 | -€24,801 | -16.2% |
| Fixed assets | 21/28 | €3,918 | €5,182 | +€1,264 | +32.3% |
| Tangible fixed assets | 22/27 | €3,918 | €5,182 | +€1,264 | +32.3% |
| Furniture and vehicles | 24 | - | €1,735 | +€1,735 | |
| Other tangible fixed assets | 26 | €3,918 | €3,446 | -€472 | -12.0% |
| Current assets | 29/58 | €149,583 | €123,518 | -€26,064 | -17.4% |
| Amounts receivable within one year | 40/41 | €21,697 | €16,062 | -€5,635 | -26.0% |
| Trade receivables | 40 | €12,656 | €13,406 | +€750 | +5.9% |
| Other amounts receivable | 41 | €9,040 | €2,655 | -€6,385 | -70.6% |
| Cash at bank and in hand | 54/58 | €126,267 | €105,783 | -€20,484 | -16.2% |
| Deferred charges and accrued income | 490/1 | €1,619 | €1,674 | +€55 | +3.4% |
| Total equity and liabilities | 10/49 | €153,501 | €128,700 | -€24,801 | -16.2% |
| Equity | 10/15 | €145,819 | €33,329 | -€112,489 | -77.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €142,819 | €30,329 | -€112,489 | -78.8% |
| Distributable reserves | 133 | €142,819 | €30,329 | -€112,489 | -78.8% |
| Amounts payable | 17/49 | €7,682 | €95,371 | +€87,689 | +1,142% |
| Amounts payable within one year | 42/48 | €7,682 | €95,371 | +€87,689 | +1,142% |
| Trade debts | 44 | €1,561 | €2,925 | +€1,364 | +87.3% |
| Suppliers | 440/4 | €1,561 | €2,925 | +€1,364 | +87.3% |
| Taxes, remuneration and social security | 45 | €2,939 | €21,230 | +€18,291 | +622% |
| Taxes | 450/3 | €2,939 | €21,230 | +€18,291 | +622% |
| Other amounts payable | 47/48 | €3,181 | €71,216 | +€68,034 | +2,138% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €465 | €771 | +€306 | +65.7% |
| Other operating charges | 640/8 | €296 | €1,044 | +€748 | +253% |
| Gross operating margin | 9900 | €37,663 | €52,068 | +€14,405 | +38.2% |
| Operating profit (loss) | 9901 | €36,902 | €50,253 | +€13,351 | +36.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,531 | €1,997 | -€534 | -21.1% |
| Recurring financial charges | 65 | €2,531 | €1,997 | -€534 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €34,371 | €48,256 | +€13,885 | +40.4% |
| Income taxes | 67/77 | €7,253 | €10,158 | +€2,904 | +40.0% |
| Profit (loss) for the period | 9904 | €27,118 | €38,099 | +€10,981 | +40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,118 | €38,099 | +€10,981 | +40.5% |
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 18 October 2026 via checked.be.