KOSE TECH: 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.
KOSE TECH
Largest movements
- Cash +€69,323
up €69,323 (+1,363%), from €5,084 to €74,407
mainly Advances received (+€92,491) and Net result for the year (+€69,320)
- Receivables within one year +€46,195
up €46,195 (+40.9%), from €112,973 to €159,168
of which Trade receivables: +€31,675
- Tangible fixed assets +€46,148
up €46,148 (+177%), from €26,019 to €72,167
of which Furniture and vehicles: +€23,513
- Deferred charges and accrued income -€3,197
no longer reported in 2025 (was €3,197)
- Advances received +€92,491
new in 2025: €92,491
- Short-term financial debts -€45,182
no longer reported in 2025 (was €45,182)
- Profit (loss) carried forward +€34,320
up €34,320 (+90.1%), from €38,102 to €72,422
- Other debts +€29,750
new in 2025: €29,750
- Trade debts +€22,869
up €22,869 (+126%), from €18,082 to €40,952
- Gross operating margin +€121,652
up €121,652 (+102%), from €119,012 to €240,664
- Staff costs +€40,866
up €40,866 (+63.4%), from €64,433 to €105,299
- Taxes +€13,530
up €13,530 (+241%), from €5,604 to €19,134
- Other operating charges -€5,970
down €5,970 (-36.5%), from €16,354 to €10,384
- Depreciation +€3,585
up €3,585 (+29.2%), from €12,256 to €15,841
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 | €150,824 | €309,292 | +€158,468 | +105% |
| Fixed assets | 21/28 | €29,569 | €75,717 | +€46,148 | +156% |
| Tangible fixed assets | 22/27 | €26,019 | €72,167 | +€46,148 | +177% |
| Plant, machinery and equipment | 23 | €1,844 | €24,479 | +€22,635 | +1,228% |
| Furniture and vehicles | 24 | €24,176 | €47,689 | +€23,513 | +97.3% |
| Financial fixed assets | 28 | €3,550 | €3,550 | = | 0.0% |
| Current assets | 29/58 | €121,255 | €233,575 | +€112,320 | +92.6% |
| Amounts receivable within one year | 40/41 | €112,973 | €159,168 | +€46,195 | +40.9% |
| Trade receivables | 40 | €86,864 | €118,539 | +€31,675 | +36.5% |
| Other amounts receivable | 41 | €26,109 | €40,629 | +€14,520 | +55.6% |
| Cash at bank and in hand | 54/58 | €5,084 | €74,407 | +€69,323 | +1,363% |
| Deferred charges and accrued income | 490/1 | €3,197 | - | -€3,197 | |
| Total equity and liabilities | 10/49 | €150,824 | €309,292 | +€158,468 | +105% |
| Equity | 10/15 | €44,127 | €92,047 | +€47,920 | +109% |
| Contributions | 10/11 | €5,000 | €18,600 | +€13,600 | +272% |
| Reserves | 13 | €1,025 | €1,025 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,025 | €1,025 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,025 | €1,025 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,102 | €72,422 | +€34,320 | +90.1% |
| Amounts payable | 17/49 | €106,697 | €217,246 | +€110,548 | +104% |
| Amounts payable after more than one year | 17 | €9,129 | €25,733 | +€16,605 | +182% |
| Financial debts | 170/4 | €9,129 | €25,733 | +€16,605 | +182% |
| Amounts payable within one year | 42/48 | €97,569 | €191,512 | +€93,943 | +96.3% |
| Current portion of amounts payable after more than one year | 42 | €13,293 | €8,321 | -€4,972 | -37.4% |
| Financial debts | 43 | €45,182 | - | -€45,182 | |
| Credit institutions | 430/8 | €45,182 | - | -€45,182 | |
| Trade debts | 44 | €18,082 | €40,952 | +€22,869 | +126% |
| Suppliers | 440/4 | €18,082 | €40,952 | +€22,869 | +126% |
| Advances received on contracts in progress | 46 | - | €92,491 | +€92,491 | |
| Taxes, remuneration and social security | 45 | €21,012 | €19,999 | -€1,013 | -4.8% |
| Taxes | 450/3 | €14,547 | €18,485 | +€3,938 | +27.1% |
| Remuneration and social security | 454/9 | €6,465 | €1,514 | -€4,951 | -76.6% |
| Other amounts payable | 47/48 | - | €29,750 | +€29,750 | |
| Non-recurring operating income | 76A | - | €44,577 | +€44,577 | |
| Remuneration, social security and pensions | 62 | €64,433 | €105,299 | +€40,866 | +63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,256 | €15,841 | +€3,585 | +29.2% |
| Other operating charges | 640/8 | €16,354 | €10,384 | -€5,970 | -36.5% |
| Non-recurring operating charges | 66A | €5,608 | €6,750 | +€1,142 | +20.4% |
| Gross operating margin | 9900 | €119,012 | €240,664 | +€121,652 | +102% |
| Operating profit (loss) | 9901 | €20,362 | €102,391 | +€82,029 | +403% |
| Financial income | 75/76B | €518 | €0 | -€518 | -100.0% |
| Recurring financial income | 75 | €518 | €0 | -€518 | -100.0% |
| Financial charges | 65/66B | €16,911 | €13,937 | -€2,974 | -17.6% |
| Recurring financial charges | 65 | €16,911 | €5,024 | -€11,887 | -70.3% |
| Non-recurring financial charges | 66B | - | €8,914 | +€8,914 | |
| Profit (loss) for the period before taxes | 9903 | €3,970 | €88,454 | +€84,484 | +2,128% |
| Income taxes | 67/77 | €5,604 | €19,134 | +€13,530 | +241% |
| Profit (loss) for the period | 9904 | -€1,634 | €69,320 | +€70,954 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,634 | €69,320 | +€70,954 |
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 16 October 2026 via checked.be.