Kort'om: 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.
Kort'om
Largest movements
- Deferred charges and accrued income +€29,740
up €29,740 (+8,609%), from €345 to €30,086
- Receivables within one year -€26,860
down €26,860 (-22.6%), from €118,847 to €91,987
of which Trade receivables: -€26,228
- Stocks and contracts +€12,898
new in 2025: €12,898
- Cash +€8,556
up €8,556 (+14.7%), from €58,060 to €66,617
mainly Receivables within one year (+€26,860) and Net result for the year (+€19,120)
- Profit (loss) carried forward +€19,120
up €19,120 (+95.6%), from -€19,998 to -€877
- Tax, wage and social debts +€4,558
up €4,558 (+18.7%), from €24,383 to €28,941
of which Remuneration and social security: +€4,177
- Trade debts +€3,760
up €3,760 (+3.8%), from €99,583 to €103,343
- Accrued charges and deferred income -€3,543
no longer reported in 2025 (was €3,543)
- Gross operating margin +€53,233
up €53,233 (+57.1%), from €93,239 to €146,472
- Staff costs +€24,103
up €24,103 (+23.8%), from €101,372 to €125,475
- Financial charges +€1,876
up €1,876, from -€1,550 to €326
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 | €180,511 | €203,795 | +€23,285 | +12.9% |
| Fixed assets | 21/28 | €3,258 | €2,207 | -€1,050 | -32.2% |
| Intangible fixed assets | 21 | €779 | - | -€779 | |
| Tangible fixed assets | 22/27 | €2,229 | €1,957 | -€271 | -12.2% |
| Plant, machinery and equipment | 23 | €2,229 | €1,957 | -€271 | -12.2% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €177,253 | €201,588 | +€24,335 | +13.7% |
| Stocks and contracts in progress | 3 | - | €12,898 | +€12,898 | |
| Stocks | 30/36 | - | €12,898 | +€12,898 | |
| Amounts receivable within one year | 40/41 | €118,847 | €91,987 | -€26,860 | -22.6% |
| Trade receivables | 40 | €91,537 | €65,309 | -€26,228 | -28.7% |
| Other amounts receivable | 41 | €27,310 | €26,679 | -€632 | -2.3% |
| Cash at bank and in hand | 54/58 | €58,060 | €66,617 | +€8,556 | +14.7% |
| Deferred charges and accrued income | 490/1 | €345 | €30,086 | +€29,740 | +8,609% |
| Total equity and liabilities | 10/49 | €180,511 | €203,795 | +€23,285 | +12.9% |
| Equity | 10/15 | €53,002 | €70,123 | +€17,120 | +32.3% |
| Contributions | 10/11 | €73,000 | €71,000 | -€2,000 | -2.7% |
| Profit (loss) carried forward | 14 | -€19,998 | -€877 | +€19,120 | +95.6% |
| Amounts payable | 17/49 | €127,508 | €133,673 | +€6,164 | +4.8% |
| Amounts payable within one year | 42/48 | €123,966 | €133,673 | +€9,707 | +7.8% |
| Trade debts | 44 | €99,583 | €103,343 | +€3,760 | +3.8% |
| Suppliers | 440/4 | €99,583 | €103,343 | +€3,760 | +3.8% |
| Taxes, remuneration and social security | 45 | €24,383 | €28,941 | +€4,558 | +18.7% |
| Taxes | 450/3 | €1,256 | €1,638 | +€382 | +30.4% |
| Remuneration and social security | 454/9 | €23,127 | €27,303 | +€4,177 | +18.1% |
| Other amounts payable | 47/48 | - | €1,388 | +€1,388 | |
| Accrued charges and deferred income | 492/3 | €3,543 | - | -€3,543 | |
| Remuneration, social security and pensions | 62 | €101,372 | €125,475 | +€24,103 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,091 | €1,050 | -€1,041 | -49.8% |
| Other operating charges | 640/8 | €554 | €612 | +€58 | +10.5% |
| Gross operating margin | 9900 | €93,239 | €146,472 | +€53,233 | +57.1% |
| Operating profit (loss) | 9901 | -€10,778 | €19,334 | +€30,113 | |
| Financial income | 75/76B | €4 | €112 | +€108 | +2,419% |
| Recurring financial income | 75 | €4 | €112 | +€108 | +2,419% |
| Financial charges | 65/66B | -€1,550 | €326 | +€1,876 | |
| Recurring financial charges | 65 | -€1,550 | €326 | +€1,876 | |
| Profit (loss) for the period before taxes | 9903 | -€9,224 | €19,120 | +€28,345 | |
| Profit (loss) for the period | 9904 | -€9,224 | €19,120 | +€28,345 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,224 | €19,120 | +€28,345 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.