KOON: 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.
KOON
Largest movements
- Financial fixed assets -€65,009
no longer reported in 2025 (was €65,009)
- Current investments -€20,166
down €20,166 (-11.9%), from €170,000 to €149,834
- Deferred charges and accrued income -€3,851
down €3,851 (-70.4%), from €5,473 to €1,622
- Reserves -€65,474
down €65,474 (-28.0%), from €233,543 to €168,068
- Other debts -€9,909
down €9,909 (-32.0%), from €30,941 to €21,032
- Tax, wage and social debts -€5,382
down €5,382 (-41.1%), from €13,103 to €7,721
- Accrued charges and deferred income -€3,104
down €3,104 (-61.3%), from €5,067 to €1,963
- Gross operating margin -€16,774
down €16,774 (-21.6%), from €77,806 to €61,033
- Taxes -€4,410
down €4,410 (-17.3%), from €25,546 to €21,137
- Financial charges -€2,131
down €2,131 (-51.4%), from €4,143 to €2,012
- Other operating charges -€1,045
down €1,045 (-52.2%), from €2,002 to €957
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 | €299,291 | €214,977 | -€84,313 | -28.2% |
| Fixed assets | 21/28 | €65,026 | €2,600 | -€62,426 | -96.0% |
| Tangible fixed assets | 22/27 | €17 | €2,600 | +€2,583 | +15337.1% |
| Furniture and vehicles | 24 | €17 | €2,600 | +€2,583 | +15337.1% |
| Financial fixed assets | 28 | €65,009 | - | -€65,009 | |
| Current assets | 29/58 | €234,265 | €212,377 | -€21,887 | -9.3% |
| Amounts receivable within one year | 40/41 | €27,822 | €28,447 | +€625 | +2.2% |
| Trade receivables | 40 | €27,822 | €28,447 | +€625 | +2.2% |
| Current investments | 50/53 | €170,000 | €149,834 | -€20,166 | -11.9% |
| Cash at bank and in hand | 54/58 | €30,970 | €32,475 | +€1,505 | +4.9% |
| Deferred charges and accrued income | 490/1 | €5,473 | €1,622 | -€3,851 | -70.4% |
| Total equity and liabilities | 10/49 | €299,291 | €214,977 | -€84,313 | -28.2% |
| Equity | 10/15 | €245,943 | €180,468 | -€65,474 | -26.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €233,543 | €168,068 | -€65,474 | -28.0% |
| Distributable reserves | 133 | €233,543 | €168,068 | -€65,474 | -28.0% |
| Amounts payable | 17/49 | €53,348 | €34,509 | -€18,839 | -35.3% |
| Amounts payable within one year | 42/48 | €48,281 | €32,545 | -€15,735 | -32.6% |
| Financial debts | 43 | €834 | €202 | -€632 | -75.8% |
| Credit institutions | 430/8 | €834 | €202 | -€632 | -75.8% |
| Trade debts | 44 | €3,403 | €3,590 | +€188 | +5.5% |
| Suppliers | 440/4 | €3,403 | €3,590 | +€188 | +5.5% |
| Taxes, remuneration and social security | 45 | €13,103 | €7,721 | -€5,382 | -41.1% |
| Taxes | 450/3 | €13,103 | €7,721 | -€5,382 | -41.1% |
| Other amounts payable | 47/48 | €30,941 | €21,032 | -€9,909 | -32.0% |
| Accrued charges and deferred income | 492/3 | €5,067 | €1,963 | -€3,104 | -61.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €782 | €96 | -€686 | -87.7% |
| Other operating charges | 640/8 | €2,002 | €957 | -€1,045 | -52.2% |
| Gross operating margin | 9900 | €77,806 | €61,033 | -€16,774 | -21.6% |
| Operating profit (loss) | 9901 | €75,022 | €59,980 | -€15,043 | -20.1% |
| Financial income | 75/76B | €3,906 | €3,375 | -€531 | -13.6% |
| Recurring financial income | 75 | €3,906 | €3,375 | -€531 | -13.6% |
| Financial charges | 65/66B | €4,143 | €2,012 | -€2,131 | -51.4% |
| Recurring financial charges | 65 | €4,143 | €2,012 | -€2,131 | -51.4% |
| Profit (loss) for the period before taxes | 9903 | €74,785 | €61,343 | -€13,443 | -18.0% |
| Income taxes | 67/77 | €25,546 | €21,137 | -€4,410 | -17.3% |
| Profit (loss) for the period | 9904 | €49,239 | €40,206 | -€9,033 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,239 | €40,206 | -€9,033 | -18.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.