KOON SING: 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 SING
Largest movements
- Cash -€12,299
down €12,299 (-9.4%), from €130,867 to €118,569
mainly Net result for the year (-€15,628) and Receivables within one year (-€3,671)
- Receivables within one year +€3,671
up €3,671 (+43.4%), from €8,452 to €12,123
of which Trade receivables: +€2,529
- Stocks and contracts -€2,216
down €2,216 (-14.6%), from €15,176 to €12,961
- Profit (loss) carried forward -€15,628
down €15,628 (-392.3%), from -€3,983 to -€19,612
- Trade debts +€2,505
up €2,505 (+37.0%), from €6,780 to €9,285
- Gross operating margin -€13,902
down €13,902 (-15.2%), from €91,175 to €77,273
- Staff costs +€10,922
up €10,922 (+14.4%), from €75,916 to €86,838
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 | €167,445 | €153,942 | -€13,503 | -8.1% |
| Fixed assets | 21/28 | €10,194 | €9,179 | -€1,015 | -10.0% |
| Tangible fixed assets | 22/27 | €10,194 | €9,179 | -€1,015 | -10.0% |
| Plant, machinery and equipment | 23 | €10,194 | €9,179 | -€1,015 | -10.0% |
| Current assets | 29/58 | €157,251 | €144,763 | -€12,488 | -7.9% |
| Stocks and contracts in progress | 3 | €15,176 | €12,961 | -€2,216 | -14.6% |
| Stocks | 30/36 | €15,176 | €12,961 | -€2,216 | -14.6% |
| Amounts receivable within one year | 40/41 | €8,452 | €12,123 | +€3,671 | +43.4% |
| Trade receivables | 40 | €7,018 | €9,547 | +€2,529 | +36.0% |
| Other amounts receivable | 41 | €1,435 | €2,576 | +€1,141 | +79.6% |
| Cash at bank and in hand | 54/58 | €130,867 | €118,569 | -€12,299 | -9.4% |
| Deferred charges and accrued income | 490/1 | €2,755 | €1,111 | -€1,644 | -59.7% |
| Total equity and liabilities | 10/49 | €167,445 | €153,942 | -€13,503 | -8.1% |
| Equity | 10/15 | €148,231 | €132,603 | -€15,628 | -10.5% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €82,214 | €82,214 | = | 0.0% |
| Distributable reserves | 133 | €82,214 | €82,214 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,983 | -€19,612 | -€15,628 | -392.3% |
| Amounts payable | 17/49 | €19,214 | €21,339 | +€2,125 | +11.1% |
| Amounts payable within one year | 42/48 | €19,056 | €21,339 | +€2,284 | +12.0% |
| Trade debts | 44 | €6,780 | €9,285 | +€2,505 | +37.0% |
| Suppliers | 440/4 | €6,780 | €9,285 | +€2,505 | +37.0% |
| Taxes, remuneration and social security | 45 | €11,406 | €11,534 | +€128 | +1.1% |
| Taxes | 450/3 | €7,215 | €6,200 | -€1,015 | -14.1% |
| Remuneration and social security | 454/9 | €4,191 | €5,334 | +€1,143 | +27.3% |
| Other amounts payable | 47/48 | €870 | €520 | -€349 | -40.2% |
| Accrued charges and deferred income | 492/3 | €159 | - | -€159 | |
| Non-recurring operating income | 76A | €1,571 | €837 | -€734 | -46.7% |
| Remuneration, social security and pensions | 62 | €75,916 | €86,838 | +€10,922 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,436 | €3,403 | -€32 | -0.9% |
| Non-recurring operating charges | 66A | €1,281 | €974 | -€307 | -24.0% |
| Gross operating margin | 9900 | €91,175 | €77,273 | -€13,902 | -15.2% |
| Operating profit (loss) | 9901 | €10,542 | -€13,942 | -€24,484 | |
| Financial income | 75/76B | €12 | €23 | +€11 | +89.4% |
| Recurring financial income | 75 | €12 | €23 | +€11 | +89.4% |
| Financial charges | 65/66B | €1,436 | €1,406 | -€30 | -2.1% |
| Recurring financial charges | 65 | €1,436 | €1,406 | -€30 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €9,118 | -€15,325 | -€24,443 | |
| Income taxes | 67/77 | €291 | €304 | +€13 | +4.4% |
| Profit (loss) for the period | 9904 | €8,827 | -€15,628 | -€24,456 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,827 | -€15,628 | -€24,456 |
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 5 October 2026 via checked.be.