Koqoon: 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.
Koqoon
Largest movements
- Cash +€140,934
up €140,934 (+193%), from €72,864 to €213,798
mainly Debts after one year (+€250,000) and Tax, wage and social debts (+€3,290)
- Receivables within one year +€3,958
up €3,958 (+4,138%), from €96 to €4,054
of which Trade receivables: +€4,054
- Debts after one year +€250,000
new in 2025: €250,000
- Profit (loss) carried forward -€111,324
down €111,324 (-293%), from -€38,054 to -€149,379
- Tax, wage and social debts +€3,290
new in 2025: €3,290
of which Taxes: +€2,380
- Trade debts +€2,927
up €2,927 (+289%), from €1,013 to €3,940
- Gross operating margin -€84,417
down €84,417 (-318%), from -€26,574 to -€110,990
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 | €72,959 | €217,852 | +€144,892 | +199% |
| Current assets | 29/58 | €72,959 | €217,852 | +€144,892 | +199% |
| Amounts receivable within one year | 40/41 | €96 | €4,054 | +€3,958 | +4,138% |
| Trade receivables | 40 | - | €4,054 | +€4,054 | |
| Other amounts receivable | 41 | €96 | - | -€96 | |
| Cash at bank and in hand | 54/58 | €72,864 | €213,798 | +€140,934 | +193% |
| Total equity and liabilities | 10/49 | €72,959 | €217,852 | +€144,892 | +199% |
| Equity | 10/15 | €71,946 | -€39,379 | -€111,324 | |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,054 | -€149,379 | -€111,324 | -293% |
| Amounts payable | 17/49 | €1,013 | €257,230 | +€256,217 | +25,282% |
| Amounts payable after more than one year | 17 | - | €250,000 | +€250,000 | |
| Financial debts | 170/4 | - | €250,000 | +€250,000 | |
| Amounts payable within one year | 42/48 | €1,013 | €7,230 | +€6,217 | +613% |
| Trade debts | 44 | €1,013 | €3,940 | +€2,927 | +289% |
| Suppliers | 440/4 | €1,013 | €3,940 | +€2,927 | +289% |
| Taxes, remuneration and social security | 45 | - | €3,290 | +€3,290 | |
| Taxes | 450/3 | - | €2,380 | +€2,380 | |
| Remuneration and social security | 454/9 | - | €910 | +€910 | |
| Other operating charges | 640/8 | - | €209 | +€209 | |
| Gross operating margin | 9900 | -€26,574 | -€110,990 | -€84,417 | -318% |
| Operating profit (loss) | 9901 | -€26,574 | -€111,199 | -€84,625 | -318% |
| Financial income | 75/76B | €39 | - | -€39 | |
| Recurring financial income | 75 | €39 | - | -€39 | |
| Financial charges | 65/66B | €45 | €125 | +€80 | +179% |
| Recurring financial charges | 65 | €45 | €125 | +€80 | +179% |
| Profit (loss) for the period before taxes | 9903 | -€26,579 | -€111,324 | -€84,745 | -319% |
| Profit (loss) for the period | 9904 | -€26,579 | -€111,324 | -€84,745 | -319% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,579 | -€111,324 | -€84,745 | -319% |
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 17 October 2026 via checked.be.