KOSE CLEANING: 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.
What changed
KOSE CLEANING
NACE 81.220, Other building cleaning and industrial cleaning
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€5.4m
2024 · €4.9m+€465,094
Equity
€16.3m
2024 · €12.9m+€3.4m
Cash
€15.5m
2024 · €11.7m+€3.8m
Balance sheet total
€29.5m
2024 · €26.1m+€3.4m
Largest movements
Assets
- Cash +€3.8m
up €3.8m (+32.6%), from €11.7m to €15.5m
mainly Net result for the year (+€5.4m) and Depreciation (+€597,659)
- Receivables within one year -€422,001
down €422,001 (-4.1%), from €10.3m to €9.9m
of which Trade receivables: -€431,879
Equity and liabilities
- Reserves +€3.0m
up €3.0m (+32.1%), from €9.4m to €12.4m
of which Distributable reserves: +€3.0m
- Profit (loss) carried forward +€380,541
up €380,541 (+467%), from €81,557 to €462,098
Income statement
- Staff costs +€14.7m
up €14.7m (+30.6%), from €47.8m to €62.5m
- Turnover +€12.4m
up €12.4m (+17.8%), from €69.4m to €81.8m
- Services and other goods -€2.4m
down €2.4m (-19.5%), from €12.2m to €9.8m
- Other operating income +€896,847
up €896,847 (+47.8%), from €1.9m to €2.8m
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.
Result 2024
€4.9m
Turnover
+€12.4m
Other operating income
+€896,847
Goods and materials
-€634,741
Services and other goods
+€2.4m
Staff costs
-€14.7m
Depreciation
-€116,207
Other operating charges
+€13,001
Other operating items
+€8,795
Financial income
+€184
Financial charges
+€12,349
Taxes
+€198,132
Result 2025
€5.4m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€6.2m
Investment
-€534,410
Financing
-€1.8m
Cash 2024
€11.7m
From operations (derived)
+€6.2m
Net result for the year
+€5.4m
Depreciation
+€597,659
Receivables within one year
+€422,001
Deferred charges and accrued income
-€13,516
Trade debts
-€58,795
Tax, wage and social debts
-€197,105
Accrued charges and deferred income
+€50,000
Investment (derived)
-€534,410
Investment in fixed assets (net)
-€534,410
Financing
-€1.8m
Debts after one year
-€117,421
Current portion of long-term debt
+€3,375
Short-term financial debts
+€291,096
Contributions, distributions and other
-€2.0m
Cash 2025
€15.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,138,158 | €29,489,850 | +€3.4m | +12.8% |
| Fixed assets | 21/28 | €4,035,541 | €3,972,292 | -€63,249 | -1.6% |
| Tangible fixed assets | 22/27 | €4,013,268 | €3,947,769 | -€65,499 | -1.6% |
| Land and buildings | 22 | €3,217,257 | €3,003,186 | -€214,071 | -6.7% |
| Plant, machinery and equipment | 23 | €296,808 | €250,190 | -€46,618 | -15.7% |
| Furniture and vehicles | 24 | €499,203 | €694,392 | +€195,190 | +39.1% |
| Financial fixed assets | 28 | €22,273 | €24,523 | +€2,250 | +10.1% |
| Other financial fixed assets | 284/8 | €22,273 | €24,523 | +€2,250 | +10.1% |
| Amounts receivable and cash guarantees | 285/8 | €22,273 | €24,523 | +€2,250 | +10.1% |
| Current assets | 29/58 | €22,102,617 | €25,517,558 | +€3.4m | +15.5% |
| Amounts receivable within one year | 40/41 | €10,286,228 | €9,864,227 | -€422,001 | -4.1% |
| Trade receivables | 40 | €10,284,896 | €9,853,016 | -€431,879 | -4.2% |
| Other amounts receivable | 41 | €1,333 | €11,211 | +€9,879 | +741% |
| Cash at bank and in hand | 54/58 | €11,717,641 | €15,541,067 | +€3.8m | +32.6% |
| Deferred charges and accrued income | 490/1 | €98,748 | €112,264 | +€13,516 | +13.7% |
| Total equity and liabilities | 10/49 | €26,138,158 | €29,489,850 | +€3.4m | +12.8% |
| Equity | 10/15 | €12,931,557 | €16,312,098 | +€3.4m | +26.1% |
| Contributions | 10/11 | €3,500,000 | €3,500,000 | = | 0.0% |
| Capital | 10 | €3,500,000 | €3,500,000 | = | 0.0% |
| Issued capital | 100 | €3,500,000 | €3,500,000 | = | 0.0% |
| Reserves | 13 | €9,350,000 | €12,350,000 | +€3.0m | +32.1% |
| Non-distributable reserves | 130/1 | €350,000 | €350,000 | = | 0.0% |
| Legal reserve | 130 | €350,000 | €350,000 | = | 0.0% |
| Distributable reserves | 133 | €9,000,000 | €12,000,000 | +€3.0m | +33.3% |
| Profit (loss) carried forward | 14 | €81,557 | €462,098 | +€380,541 | +467% |
| Amounts payable | 17/49 | €13,206,601 | €13,177,752 | -€28,850 | -0.2% |
| Amounts payable after more than one year | 17 | €1,662,602 | €1,545,182 | -€117,421 | -7.1% |
| Financial debts | 170/4 | €1,662,602 | €1,545,182 | -€117,421 | -7.1% |
| Credit institutions | 173 | €1,662,602 | €1,545,182 | -€117,421 | -7.1% |
| Amounts payable within one year | 42/48 | €11,468,999 | €11,507,570 | +€38,571 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €114,046 | €117,421 | +€3,375 | +3.0% |
| Financial debts | 43 | €413,779 | €704,875 | +€291,096 | +70.4% |
| Credit institutions | 430/8 | €413,779 | €704,875 | +€291,096 | +70.4% |
| Trade debts | 44 | €2,312,673 | €2,253,877 | -€58,795 | -2.5% |
| Suppliers | 440/4 | €2,312,673 | €2,253,877 | -€58,795 | -2.5% |
| Taxes, remuneration and social security | 45 | €6,628,501 | €6,431,397 | -€197,105 | -3.0% |
| Taxes | 450/3 | €2,099,042 | €1,498,200 | -€600,842 | -28.6% |
| Remuneration and social security | 454/9 | €4,529,459 | €4,933,197 | +€403,738 | +8.9% |
| Other amounts payable | 47/48 | €2,000,000 | €2,000,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €75,000 | €125,000 | +€50,000 | +66.7% |
| Operating income | 70/76A | €71,388,276 | €84,674,347 | +€13.3m | +18.6% |
| Turnover | 70 | €69,389,257 | €81,765,793 | +€12.4m | +17.8% |
| Other operating income | 74 | €1,877,099 | €2,773,946 | +€896,847 | +47.8% |
| Non-recurring operating income | 76A | €121,920 | €134,608 | +€12,688 | +10.4% |
| Operating charges | 60/66A | €64,216,911 | €77,248,554 | +€13.0m | +20.3% |
| Goods for resale, raw materials and consumables | 60 | €3,516,767 | €4,151,508 | +€634,741 | +18.0% |
| Purchases | 600/8 | €3,516,767 | €4,151,508 | +€634,741 | +18.0% |
| Services and other goods | 61 | €12,157,647 | €9,791,073 | -€2.4m | -19.5% |
| Remuneration, social security and pensions | 62 | €47,818,936 | €62,475,312 | +€14.7m | +30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €481,452 | €597,659 | +€116,207 | +24.1% |
| Other operating charges | 640/8 | €242,109 | €229,109 | -€13,001 | -5.4% |
| Non-recurring operating charges | 66A | - | €3,894 | +€3,894 | |
| Operating profit (loss) | 9901 | €7,171,365 | €7,425,794 | +€254,429 | +3.5% |
| Financial income | 75/76B | - | €184 | +€184 | |
| Recurring financial income | 75 | - | €184 | +€184 | |
| Other financial income | 752/9 | - | €184 | +€184 | |
| Financial charges | 65/66B | €199,359 | €187,010 | -€12,349 | -6.2% |
| Recurring financial charges | 65 | €199,359 | €187,010 | -€12,349 | -6.2% |
| Debt charges | 650 | €154,623 | €133,162 | -€21,461 | -13.9% |
| Other financial charges | 652/9 | €44,736 | €53,848 | +€9,112 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | €6,972,006 | €7,238,968 | +€266,962 | +3.8% |
| Income taxes | 67/77 | €2,056,558 | €1,858,426 | -€198,132 | -9.6% |
| Taxes | 670/3 | €2,056,558 | €1,942,260 | -€114,298 | -5.6% |
| Tax adjustments and reversals of tax provisions | 77 | - | €83,834 | +€83,834 | |
| Profit (loss) for the period | 9904 | €4,915,447 | €5,380,541 | +€465,094 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,915,447 | €5,380,541 | +€465,094 | +9.5% |
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 19 October 2026 via checked.be.