KOSTA CONSTRUCT: 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.
KOSTA CONSTRUCT
Largest movements
- Receivables within one year -€27,278
down €27,278 (-24.9%), from €109,697 to €82,419
of which Trade receivables: -€14,414
- Cash -€11,647
down €11,647 (-91.2%), from €12,777 to €1,130
- Tangible fixed assets -€5,175
no longer reported in 2025 (was €5,175)
of which Furniture and vehicles: -€2,688
- Profit (loss) carried forward -€30,577
down €30,577 (-33.2%), from €92,103 to €61,526
- Tax, wage and social debts -€10,251
down €10,251 (-82.9%), from €12,368 to €2,117
- Trade debts -€3,271
down €3,271 (-21.6%), from €15,118 to €11,846
of which Suppliers: -€5,328
- Gross operating margin -€22,634
down €22,634 (-69.5%), from €32,568 to €9,934
- Other operating charges -€5,270
down €5,270 (-99.8%), from €5,283 to €12
- Depreciation -€3,056
no longer reported in 2025 (was €3,056)
- Taxes -€3,005
down €3,005 (-56.8%), from €5,288 to €2,284
From the 2023 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.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €127,649 | €83,549 | -€44,100 | -34.5% |
| Fixed assets | 21/28 | €5,175 | - | -€5,175 | |
| Tangible fixed assets | 22/27 | €5,175 | - | -€5,175 | |
| Plant, machinery and equipment | 23 | €2,487 | - | -€2,487 | |
| Furniture and vehicles | 24 | €2,688 | - | -€2,688 | |
| Current assets | 29/58 | €122,474 | €83,549 | -€38,925 | -31.8% |
| Amounts receivable within one year | 40/41 | €109,697 | €82,419 | -€27,278 | -24.9% |
| Trade receivables | 40 | €37,609 | €23,195 | -€14,414 | -38.3% |
| Other amounts receivable | 41 | €72,088 | €59,224 | -€12,865 | -17.8% |
| Cash at bank and in hand | 54/58 | €12,777 | €1,130 | -€11,647 | -91.2% |
| Total equity and liabilities | 10/49 | €127,649 | €83,549 | -€44,100 | -34.5% |
| Equity | 10/15 | €100,163 | €69,586 | -€30,577 | -30.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,103 | €61,526 | -€30,577 | -33.2% |
| Amounts payable | 17/49 | €27,486 | €13,963 | -€13,523 | -49.2% |
| Amounts payable within one year | 42/48 | €27,486 | €13,963 | -€13,523 | -49.2% |
| Trade debts | 44 | €15,118 | €11,846 | -€3,271 | -21.6% |
| Suppliers | 440/4 | €15,118 | €9,790 | -€5,328 | -35.2% |
| Bills of exchange payable | 441 | - | €2,056 | +€2,056 | |
| Taxes, remuneration and social security | 45 | €12,368 | €2,117 | -€10,251 | -82.9% |
| Taxes | 450/3 | €12,368 | €2,117 | -€10,251 | -82.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,056 | - | -€3,056 | |
| Other operating charges | 640/8 | €5,283 | €12 | -€5,270 | -99.8% |
| Gross operating margin | 9900 | €32,568 | €9,934 | -€22,634 | -69.5% |
| Operating profit (loss) | 9901 | €24,229 | €9,921 | -€14,308 | -59.1% |
| Financial charges | 65/66B | €95 | €225 | +€130 | +136.5% |
| Recurring financial charges | 65 | €95 | €225 | +€130 | +136.5% |
| Profit (loss) for the period before taxes | 9903 | €24,134 | €9,696 | -€14,438 | -59.8% |
| Income taxes | 67/77 | €5,288 | €2,284 | -€3,005 | -56.8% |
| Profit (loss) for the period | 9904 | €18,846 | €7,413 | -€11,433 | -60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,846 | €7,413 | -€11,433 | -60.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.