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KOS GROUP: 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.

What changed

KOS GROUP

BE 0803.308.666
NACE 41.001, General construction of residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€341
2024 · €16,819-€16,479
Equity
€25,160
2024 · €24,819+€341
Cash
€2,075
2024 · €13,225-€11,149
Balance sheet total
€81,806
2024 · €50,370+€31,437

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€43,720

    up €43,720 (+142.8%), from €30,619 to €74,339

    of which Trade receivables: +€44,031

  • Cash -€11,149

    down €11,149 (-84.3%), from €13,225 to €2,075

    mainly Receivables within one year (-€43,720) and Other debts (-€4,722)

  • Tangible fixed assets -€1,600

    down €1,600 (-27.3%), from €5,861 to €4,261

Equity and liabilities
  • Trade debts +€38,755

    up €38,755 (+344.3%), from €11,258 to €50,012

  • Other debts -€4,722

    no longer reported in 2025 (was €4,722)

  • Tax, wage and social debts -€2,937

    down €2,937 (-30.7%), from €9,570 to €6,634

    of which Remuneration and social security: -€1,850

Income statement
  • Turnover -€25,289

    down €25,289 (-16.1%), from €157,443 to €132,154

  • Gross operating margin -€21,253

    down €21,253 (-90.3%), from €23,538 to €2,285

  • Taxes -€4,120

    down €4,120 (-98.0%), from €4,205 to €85

  • Purchases and services +€3,662

    up €3,662 (+2.7%), from €133,905 to €137,567

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €16,819
Gross operating margin -€21,253
Depreciation +€539
Other operating charges +€212
Financial income +€48
Financial charges -€145
Taxes +€4,120
Result 2025 €341

Cash bridge derived

cash 2024 to 2025

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.

From operations -€11,149
Investment €0
Financing €0
Cash 2024 €13,225
Net result for the year +€341
Depreciation +€1,600
Receivables within one year -€43,720
Deferred charges and accrued income -€466
Trade debts +€38,755
Tax, wage and social debts -€2,937
Other debts -€4,722
Cash 2025 €2,075
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €50,370 €81,806 +€31,437 +62.4%
Fixed assets 21/28 €5,861 €4,261 -€1,600 -27.3%
Tangible fixed assets 22/27 €5,861 €4,261 -€1,600 -27.3%
Furniture and vehicles 24 €5,861 €4,261 -€1,600 -27.3%
Current assets 29/58 €44,509 €77,545 +€33,037 +74.2%
Amounts receivable within one year 40/41 €30,619 €74,339 +€43,720 +142.8%
Trade receivables 40 €29,748 €73,779 +€44,031 +148.0%
Other amounts receivable 41 €871 €560 -€311 -35.8%
Cash at bank and in hand 54/58 €13,225 €2,075 -€11,149 -84.3%
Deferred charges and accrued income 490/1 €665 €1,131 +€466 +70.1%
Total equity and liabilities 10/49 €50,370 €81,806 +€31,437 +62.4%
Equity 10/15 €24,819 €25,160 +€341 +1.4%
Contributions 10/11 €8,000 €8,000 = 0.0%
Profit (loss) carried forward 14 €16,819 €17,160 +€341 +2.0%
Amounts payable 17/49 €25,550 €56,646 +€31,096 +121.7%
Amounts payable within one year 42/48 €25,550 €56,646 +€31,096 +121.7%
Trade debts 44 €11,258 €50,012 +€38,755 +344.3%
Suppliers 440/4 €11,258 €50,012 +€38,755 +344.3%
Taxes, remuneration and social security 45 €9,570 €6,634 -€2,937 -30.7%
Taxes 450/3 €7,720 €6,634 -€1,087 -14.1%
Remuneration and social security 454/9 €1,850 - -€1,850
Other amounts payable 47/48 €4,722 - -€4,722
Turnover 70 €157,443 €132,154 -€25,289 -16.1%
Goods, raw materials, services and sundry goods 60/61 €133,905 €137,567 +€3,662 +2.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,139 €1,600 -€539 -25.2%
Other operating charges 640/8 €335 €122 -€212 -63.4%
Gross operating margin 9900 €23,538 €2,285 -€21,253 -90.3%
Operating profit (loss) 9901 €21,064 €562 -€20,502 -97.3%
Financial income 75/76B - €48 +€48
Recurring financial income 75 - €48 +€48
Financial charges 65/66B €40 €185 +€145 +363.1%
Recurring financial charges 65 €40 €185 +€145 +363.1%
Profit (loss) for the period before taxes 9903 €21,024 €426 -€20,599 -98.0%
Income taxes 67/77 €4,205 €85 -€4,120 -98.0%
Profit (loss) for the period 9904 €16,819 €341 -€16,479 -98.0%
Profit (loss) for the period to be appropriated 9905 €16,819 €341 -€16,479 -98.0%

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 29 September 2026 via checked.be.