Kosar Holding: 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.
Kosar Holding
Largest movements
- Tangible fixed assets +€82,481
up €82,481 (+1211.6%), from €6,808 to €89,288
of which Other tangible fixed assets: +€56,924
- Stocks and contracts -€56,710
down €56,710 (-56.1%), from €101,000 to €44,290
- Receivables within one year +€39,537
up €39,537 (+33.6%), from €117,717 to €157,254
of which Other amounts receivable: +€83,818
- Cash +€21,494
up €21,494 (+92.0%), from €23,352 to €44,846
mainly Trade debts (+€85,829) and Net result for the year (+€73,831)
- Trade debts +€85,829
up €85,829 (+3557.2%), from €2,413 to €88,242
- Profit (loss) carried forward +€73,831
up €73,831 (+48.5%), from €152,114 to €225,946
- Debts after one year -€40,000
no longer reported in 2024 (was €40,000)
- Tax, wage and social debts -€19,816
down €19,816 (-51.2%), from €38,677 to €18,861
- Current portion of long-term debt -€13,000
no longer reported in 2024 (was €13,000)
- Depreciation +€7,125
up €7,125 (+27435.8%), from €26 to €7,151
- Gross operating margin -€3,991
down €3,991 (-3.9%), from €102,753 to €98,763
- Taxes -€2,071
down €2,071 (-9.9%), from €20,933 to €18,861
- Financial income +€1,918
up €1,918 (+6012.8%), from €32 to €1,950
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €248,877 | €335,679 | +€86,802 | +34.9% |
| Fixed assets | 21/28 | €6,808 | €89,288 | +€82,481 | +1211.6% |
| Tangible fixed assets | 22/27 | €6,808 | €89,288 | +€82,481 | +1211.6% |
| Plant, machinery and equipment | 23 | €2,630 | €13,486 | +€10,856 | +412.8% |
| Furniture and vehicles | 24 | - | €14,701 | +€14,701 | |
| Other tangible fixed assets | 26 | €4,178 | €61,102 | +€56,924 | +1362.5% |
| Current assets | 29/58 | €242,069 | €246,390 | +€4,321 | +1.8% |
| Stocks and contracts in progress | 3 | €101,000 | €44,290 | -€56,710 | -56.1% |
| Stocks | 30/36 | €101,000 | €44,290 | -€56,710 | -56.1% |
| Amounts receivable within one year | 40/41 | €117,717 | €157,254 | +€39,537 | +33.6% |
| Trade receivables | 40 | €85,832 | €41,550 | -€44,282 | -51.6% |
| Other amounts receivable | 41 | €31,885 | €115,704 | +€83,818 | +262.9% |
| Cash at bank and in hand | 54/58 | €23,352 | €44,846 | +€21,494 | +92.0% |
| Total equity and liabilities | 10/49 | €248,877 | €335,679 | +€86,802 | +34.9% |
| Equity | 10/15 | €154,614 | €228,446 | +€73,831 | +47.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,114 | €225,946 | +€73,831 | +48.5% |
| Amounts payable | 17/49 | €94,262 | €107,233 | +€12,971 | +13.8% |
| Amounts payable after more than one year | 17 | €40,000 | - | -€40,000 | |
| Financial debts | 170/4 | €40,000 | - | -€40,000 | |
| Amounts payable within one year | 42/48 | €54,262 | €107,233 | +€52,971 | +97.6% |
| Current portion of amounts payable after more than one year | 42 | €13,000 | - | -€13,000 | |
| Trade debts | 44 | €2,413 | €88,242 | +€85,829 | +3557.2% |
| Suppliers | 440/4 | €2,413 | €88,242 | +€85,829 | +3557.2% |
| Taxes, remuneration and social security | 45 | €38,677 | €18,861 | -€19,816 | -51.2% |
| Taxes | 450/3 | €38,677 | €18,861 | -€19,816 | -51.2% |
| Other amounts payable | 47/48 | €172 | €130 | -€42 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26 | €7,151 | +€7,125 | +27435.8% |
| Other operating charges | 640/8 | €594 | €755 | +€161 | +27.1% |
| Gross operating margin | 9900 | €102,753 | €98,763 | -€3,991 | -3.9% |
| Operating profit (loss) | 9901 | €102,133 | €90,857 | -€11,277 | -11.0% |
| Financial income | 75/76B | €32 | €1,950 | +€1,918 | +6012.8% |
| Recurring financial income | 75 | €32 | €1,950 | +€1,918 | +6012.8% |
| Financial charges | 65/66B | €96 | €114 | +€18 | +18.9% |
| Recurring financial charges | 65 | €66 | €114 | +€48 | +72.7% |
| Non-recurring financial charges | 66B | €30 | - | -€30 | |
| Profit (loss) for the period before taxes | 9903 | €102,069 | €92,693 | -€9,377 | -9.2% |
| Income taxes | 67/77 | €20,933 | €18,861 | -€2,071 | -9.9% |
| Profit (loss) for the period | 9904 | €81,136 | €73,831 | -€7,305 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €81,136 | €73,831 | -€7,305 | -9.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.