Köse Vertalingen: 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 Vertalingen
Largest movements
- Tangible fixed assets +€35,745
up €35,745 (+39.6%), from €90,171 to €125,915
of which Furniture and vehicles: +€22,318
- Receivables after one year -€14,913
down €14,913 (-5.8%), from €257,520 to €242,607
- Debts after one year +€25,847
new in 2025: €25,847
- Reserves +€11,422
up €11,422 (+3.6%), from €316,693 to €328,116
of which Distributable reserves: +€11,422
- Other debts -€10,000
down €10,000 (-25.0%), from €40,000 to €30,000
- Current portion of long-term debt +€7,554
new in 2025: €7,554
- Trade debts -€5,622
no longer reported in 2025 (was €5,622)
- Gross operating margin -€59,230
down €59,230 (-62.0%), from €95,562 to €36,332
- Depreciation +€8,648
up €8,648 (+109%), from €7,917 to €16,565
- Taxes -€7,284
down €7,284 (-48.4%), from €15,058 to €7,774
- Financial charges +€1,773
up €1,773 (+339%), from €524 to €2,297
- Other operating charges +€1,648
up €1,648 (+93.8%), from €1,757 to €3,405
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 | €394,846 | €420,893 | +€26,048 | +6.6% |
| Fixed assets | 21/28 | €90,671 | €126,415 | +€35,745 | +39.4% |
| Tangible fixed assets | 22/27 | €90,171 | €125,915 | +€35,745 | +39.6% |
| Plant, machinery and equipment | 23 | €90,027 | €103,454 | +€13,427 | +14.9% |
| Furniture and vehicles | 24 | €144 | €22,462 | +€22,318 | +15,496% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €304,175 | €294,478 | -€9,697 | -3.2% |
| Amounts receivable after more than one year | 29 | €257,520 | €242,607 | -€14,913 | -5.8% |
| Other amounts receivable | 291 | €257,520 | €242,607 | -€14,913 | -5.8% |
| Amounts receivable within one year | 40/41 | €42,003 | €43,528 | +€1,525 | +3.6% |
| Trade receivables | 40 | €20,439 | €24,492 | +€4,053 | +19.8% |
| Other amounts receivable | 41 | €21,564 | €19,037 | -€2,527 | -11.7% |
| Cash at bank and in hand | 54/58 | €4,652 | €8,342 | +€3,690 | +79.3% |
| Total equity and liabilities | 10/49 | €394,846 | €420,893 | +€26,048 | +6.6% |
| Equity | 10/15 | €329,093 | €340,516 | +€11,422 | +3.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €316,693 | €328,116 | +€11,422 | +3.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €314,833 | €326,256 | +€11,422 | +3.6% |
| Amounts payable | 17/49 | €65,752 | €80,378 | +€14,625 | +22.2% |
| Amounts payable after more than one year | 17 | - | €25,847 | +€25,847 | |
| Financial debts | 170/4 | - | €25,847 | +€25,847 | |
| Amounts payable within one year | 42/48 | €65,752 | €54,530 | -€11,222 | -17.1% |
| Current portion of amounts payable after more than one year | 42 | - | €7,554 | +€7,554 | |
| Trade debts | 44 | €5,622 | - | -€5,622 | |
| Suppliers | 440/4 | €5,622 | - | -€5,622 | |
| Taxes, remuneration and social security | 45 | €20,131 | €16,976 | -€3,155 | -15.7% |
| Taxes | 450/3 | €20,131 | €16,976 | -€3,155 | -15.7% |
| Other amounts payable | 47/48 | €40,000 | €30,000 | -€10,000 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,917 | €16,565 | +€8,648 | +109% |
| Other operating charges | 640/8 | €1,757 | €3,405 | +€1,648 | +93.8% |
| Gross operating margin | 9900 | €95,562 | €36,332 | -€59,230 | -62.0% |
| Operating profit (loss) | 9901 | €85,888 | €16,362 | -€69,526 | -80.9% |
| Financial income | 75/76B | €5,438 | €5,131 | -€307 | -5.6% |
| Recurring financial income | 75 | €5,438 | €5,131 | -€307 | -5.6% |
| Financial charges | 65/66B | €524 | €2,297 | +€1,773 | +339% |
| Recurring financial charges | 65 | €524 | €2,297 | +€1,773 | +339% |
| Profit (loss) for the period before taxes | 9903 | €90,803 | €19,196 | -€71,606 | -78.9% |
| Income taxes | 67/77 | €15,058 | €7,774 | -€7,284 | -48.4% |
| Profit (loss) for the period | 9904 | €75,745 | €11,422 | -€64,322 | -84.9% |
| Profit (loss) for the period to be appropriated | 9905 | €75,745 | €11,422 | -€64,322 | -84.9% |
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 22 October 2026 via checked.be.