KOP BUILD: 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.
KOP BUILD
Largest movements
- Receivables within one year -€261,027
down €261,027 (-88.6%), from €294,453 to €33,427
of which Trade receivables: -€291,631
- Tangible fixed assets +€59,600
up €59,600 (+423%), from €14,089 to €73,690
of which Furniture and vehicles: +€59,372
- Cash -€7,473
down €7,473 (-15.1%), from €49,454 to €41,981
mainly Other debts (-€161,335) and Trade debts (-€108,713)
- Other debts -€161,335
down €161,335 (-99.5%), from €162,217 to €881
- Trade debts -€108,713
down €108,713 (-98.4%), from €110,484 to €1,771
- Debts after one year +€36,680
new in 2025: €36,680
- Current portion of long-term debt +€14,456
new in 2025: €14,456
- Profit (loss) carried forward +€6,473
up €6,473 (+9.9%), from €65,452 to €71,925
- Purchases and services +€72,739
up €72,739 (+15.2%), from €477,133 to €549,872
- Gross operating margin -€49,526
down €49,526 (-54.2%), from €91,305 to €41,778
- Turnover +€21,562
up €21,562 (+3.8%), from €568,438 to €590,000
- Depreciation +€19,317
up €19,317 (+309%), from €6,252 to €25,569
- Taxes -€12,404
down €12,404 (-72.4%), from €17,143 to €4,739
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 | €357,996 | €149,097 | -€208,899 | -58.4% |
| Fixed assets | 21/28 | €14,089 | €73,690 | +€59,600 | +423% |
| Tangible fixed assets | 22/27 | €14,089 | €73,690 | +€59,600 | +423% |
| Plant, machinery and equipment | 23 | €2,154 | €2,382 | +€229 | +10.6% |
| Furniture and vehicles | 24 | €11,936 | €71,307 | +€59,372 | +497% |
| Current assets | 29/58 | €343,907 | €75,407 | -€268,499 | -78.1% |
| Amounts receivable within one year | 40/41 | €294,453 | €33,427 | -€261,027 | -88.6% |
| Trade receivables | 40 | €294,453 | €2,822 | -€291,631 | -99.0% |
| Other amounts receivable | 41 | - | €30,605 | +€30,605 | |
| Cash at bank and in hand | 54/58 | €49,454 | €41,981 | -€7,473 | -15.1% |
| Total equity and liabilities | 10/49 | €357,996 | €149,097 | -€208,899 | -58.4% |
| Equity | 10/15 | €65,452 | €71,925 | +€6,473 | +9.9% |
| Profit (loss) carried forward | 14 | €65,452 | €71,925 | +€6,473 | +9.9% |
| Amounts payable | 17/49 | €292,544 | €77,171 | -€215,372 | -73.6% |
| Amounts payable after more than one year | 17 | - | €36,680 | +€36,680 | |
| Financial debts | 170/4 | - | €36,680 | +€36,680 | |
| Amounts payable within one year | 42/48 | €292,544 | €40,491 | -€252,052 | -86.2% |
| Current portion of amounts payable after more than one year | 42 | - | €14,456 | +€14,456 | |
| Trade debts | 44 | €110,484 | €1,771 | -€108,713 | -98.4% |
| Suppliers | 440/4 | €110,484 | €1,771 | -€108,713 | -98.4% |
| Taxes, remuneration and social security | 45 | €19,843 | €23,382 | +€3,539 | +17.8% |
| Taxes | 450/3 | €19,843 | €23,382 | +€3,539 | +17.8% |
| Other amounts payable | 47/48 | €162,217 | €881 | -€161,335 | -99.5% |
| Turnover | 70 | €568,438 | €590,000 | +€21,562 | +3.8% |
| Non-recurring operating income | 76A | - | €1,650 | +€1,650 | |
| Goods, raw materials, services and sundry goods | 60/61 | €477,133 | €549,872 | +€72,739 | +15.2% |
| Remuneration, social security and pensions | 62 | €1,630 | €349 | -€1,281 | -78.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,252 | €25,569 | +€19,317 | +309% |
| Other operating charges | 640/8 | €801 | €2,637 | +€1,836 | +229% |
| Gross operating margin | 9900 | €91,305 | €41,778 | -€49,526 | -54.2% |
| Operating profit (loss) | 9901 | €82,622 | €13,224 | -€69,398 | -84.0% |
| Financial income | 75/76B | €0 | €3 | +€3 | +4,300% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +4,300% |
| Financial charges | 65/66B | €26 | €2,014 | +€1,988 | +7,667% |
| Recurring financial charges | 65 | €26 | €2,014 | +€1,988 | +7,667% |
| Profit (loss) for the period before taxes | 9903 | €82,596 | €11,212 | -€71,383 | -86.4% |
| Income taxes | 67/77 | €17,143 | €4,739 | -€12,404 | -72.4% |
| Profit (loss) for the period | 9904 | €65,452 | €6,473 | -€58,979 | -90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €65,452 | €6,473 | -€58,979 | -90.1% |
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 24 October 2026 via checked.be.