KÖSE CONSTRUCTION: 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.
KÖSE CONSTRUCTION
Largest movements
- Receivables within one year -€594,931
down €594,931 (-81.1%), from €733,600 to €138,668
of which Trade receivables: -€470,042
- Tangible fixed assets -€45,069
down €45,069 (-58.6%), from €76,973 to €31,904
of which Leasing and similar rights: -€37,900
- Cash -€17,532
down €17,532 (-53.0%), from €33,058 to €15,527
mainly Trade debts (-€276,873) and Advances received (-€252,560)
- Trade debts -€276,873
down €276,873 (-84.9%), from €326,071 to €49,198
- Advances received -€252,560
no longer reported in 2026 (was €252,560)
- Tax, wage and social debts -€122,723
down €122,723 (-87.1%), from €140,885 to €18,162
of which Taxes: -€79,558
- Profit (loss) carried forward +€24,545
up €24,545 (+35.8%), from €68,635 to €93,179
- Debts after one year -€17,499
no longer reported in 2026 (was €17,499)
- Staff costs -€118,073
down €118,073 (-71.3%), from €165,607 to €47,534
- Gross operating margin -€93,282
down €93,282 (-43.6%), from €213,945 to €120,663
- Depreciation -€22,232
down €22,232 (-33.0%), from €67,301 to €45,069
- Other operating charges -€5,108
down €5,108 (-92.0%), from €5,550 to €442
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €843,631 | €186,099 | -€657,532 | -77.9% |
| Fixed assets | 21/28 | €76,973 | €31,904 | -€45,069 | -58.6% |
| Tangible fixed assets | 22/27 | €76,973 | €31,904 | -€45,069 | -58.6% |
| Plant, machinery and equipment | 23 | €11,790 | €10,488 | -€1,302 | -11.0% |
| Furniture and vehicles | 24 | €18,659 | €12,793 | -€5,866 | -31.4% |
| Leasing and similar rights | 25 | €46,524 | €8,623 | -€37,900 | -81.5% |
| Current assets | 29/58 | €766,658 | €154,195 | -€612,463 | -79.9% |
| Amounts receivable within one year | 40/41 | €733,600 | €138,668 | -€594,931 | -81.1% |
| Trade receivables | 40 | €583,852 | €113,810 | -€470,042 | -80.5% |
| Other amounts receivable | 41 | €149,748 | €24,858 | -€124,889 | -83.4% |
| Cash at bank and in hand | 54/58 | €33,058 | €15,527 | -€17,532 | -53.0% |
| Total equity and liabilities | 10/49 | €843,631 | €186,099 | -€657,532 | -77.9% |
| Equity | 10/15 | €76,695 | €101,239 | +€24,545 | +32.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,635 | €93,179 | +€24,545 | +35.8% |
| Amounts payable | 17/49 | €766,936 | €84,860 | -€682,076 | -88.9% |
| Amounts payable after more than one year | 17 | €17,499 | - | -€17,499 | |
| Financial debts | 170/4 | €17,499 | - | -€17,499 | |
| Amounts payable within one year | 42/48 | €749,437 | €84,860 | -€664,577 | -88.7% |
| Current portion of amounts payable after more than one year | 42 | €29,921 | €17,499 | -€12,421 | -41.5% |
| Trade debts | 44 | €326,071 | €49,198 | -€276,873 | -84.9% |
| Suppliers | 440/4 | €326,071 | €49,198 | -€276,873 | -84.9% |
| Advances received on contracts in progress | 46 | €252,560 | - | -€252,560 | |
| Taxes, remuneration and social security | 45 | €140,885 | €18,162 | -€122,723 | -87.1% |
| Taxes | 450/3 | €87,201 | €7,642 | -€79,558 | -91.2% |
| Remuneration and social security | 454/9 | €53,684 | €10,520 | -€43,164 | -80.4% |
| Non-recurring operating income | 76A | €15,736 | - | -€15,736 | |
| Remuneration, social security and pensions | 62 | €165,607 | €47,534 | -€118,073 | -71.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,301 | €45,069 | -€22,232 | -33.0% |
| Other operating charges | 640/8 | €5,550 | €442 | -€5,108 | -92.0% |
| Gross operating margin | 9900 | €213,945 | €120,663 | -€93,282 | -43.6% |
| Operating profit (loss) | 9901 | -€24,512 | €27,618 | +€52,131 | |
| Financial income | 75/76B | €920 | - | -€920 | |
| Recurring financial income | 75 | €920 | - | -€920 | |
| Financial charges | 65/66B | €3,884 | €3,074 | -€811 | -20.9% |
| Recurring financial charges | 65 | €3,884 | €3,074 | -€811 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | -€27,477 | €24,545 | +€52,022 | |
| Income taxes | 67/77 | €1,243 | - | -€1,243 | |
| Profit (loss) for the period | 9904 | -€28,720 | €24,545 | +€53,264 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,720 | €24,545 | +€53,264 |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.