KOSTO GROUP: 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.
KOSTO GROUP
Largest movements
- Cash +€43,316
up €43,316 (+117%), from €37,134 to €80,450
mainly Net result for the year (+€58,390) and Other debts (+€39,347)
- Tangible fixed assets +€36,502
up €36,502 (+105%), from €34,856 to €71,358
of which Furniture and vehicles: +€24,029
- Receivables within one year +€34,936
up €34,936 (+733%), from €4,767 to €39,704
of which Other amounts receivable: +€18,362
- Other debts +€39,347
up €39,347 (+369%), from €10,653 to €50,000
- Trade debts +€29,133
up €29,133 (+293%), from €9,943 to €39,075
- Tax, wage and social debts +€15,584
up €15,584 (+171%), from €9,099 to €24,683
of which Remuneration and social security: +€10,480
- Debts after one year +€14,192
up €14,192 (+77.8%), from €18,253 to €32,445
- Current portion of long-term debt +€9,226
up €9,226 (+108%), from €8,555 to €17,781
- Gross operating margin +€160,929
up €160,929 (+126%), from €128,061 to €288,990
- Staff costs +€116,087
up €116,087 (+124%), from €93,782 to €209,870
- Depreciation +€4,990
up €4,990 (+77.2%), from €6,460 to €11,450
- Other operating charges +€3,848
up €3,848 (+313%), from €1,229 to €5,077
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 | €80,357 | €196,946 | +€116,589 | +145% |
| Fixed assets | 21/28 | €34,856 | €71,358 | +€36,502 | +105% |
| Tangible fixed assets | 22/27 | €34,856 | €71,358 | +€36,502 | +105% |
| Plant, machinery and equipment | 23 | €31,526 | €43,998 | +€12,473 | +39.6% |
| Furniture and vehicles | 24 | €3,330 | €27,359 | +€24,029 | +722% |
| Current assets | 29/58 | €45,501 | €125,588 | +€80,088 | +176% |
| Stocks and contracts in progress | 3 | €1,095 | €2,872 | +€1,777 | +162% |
| Stocks | 30/36 | €1,095 | €2,872 | +€1,777 | +162% |
| Amounts receivable within one year | 40/41 | €4,767 | €39,704 | +€34,936 | +733% |
| Trade receivables | 40 | €4,672 | €21,247 | +€16,575 | +355% |
| Other amounts receivable | 41 | €95 | €18,457 | +€18,362 | +19,247% |
| Cash at bank and in hand | 54/58 | €37,134 | €80,450 | +€43,316 | +117% |
| Deferred charges and accrued income | 490/1 | €2,504 | €2,563 | +€58 | +2.3% |
| Total equity and liabilities | 10/49 | €80,357 | €196,946 | +€116,589 | +145% |
| Equity | 10/15 | €23,547 | €31,461 | +€7,914 | +33.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,642 | €20,032 | +€8,390 | +72.1% |
| Investment grants | 15 | €1,905 | €1,429 | -€476 | -25.0% |
| Amounts payable | 17/49 | €56,810 | €165,485 | +€108,675 | +191% |
| Amounts payable after more than one year | 17 | €18,253 | €32,445 | +€14,192 | +77.8% |
| Financial debts | 170/4 | €18,253 | €32,445 | +€14,192 | +77.8% |
| Amounts payable within one year | 42/48 | €38,556 | €133,039 | +€94,483 | +245% |
| Current portion of amounts payable after more than one year | 42 | €8,555 | €17,781 | +€9,226 | +108% |
| Trade debts | 44 | €9,943 | €39,075 | +€29,133 | +293% |
| Suppliers | 440/4 | €9,943 | €39,075 | +€29,133 | +293% |
| Advances received on contracts in progress | 46 | €306 | €1,500 | +€1,194 | +390% |
| Taxes, remuneration and social security | 45 | €9,099 | €24,683 | +€15,584 | +171% |
| Taxes | 450/3 | €2,208 | €7,312 | +€5,104 | +231% |
| Remuneration and social security | 454/9 | €6,892 | €17,372 | +€10,480 | +152% |
| Other amounts payable | 47/48 | €10,653 | €50,000 | +€39,347 | +369% |
| Remuneration, social security and pensions | 62 | €93,782 | €209,870 | +€116,087 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,460 | €11,450 | +€4,990 | +77.2% |
| Other operating charges | 640/8 | €1,229 | €5,077 | +€3,848 | +313% |
| Gross operating margin | 9900 | €128,061 | €288,990 | +€160,929 | +126% |
| Operating profit (loss) | 9901 | €26,589 | €62,593 | +€36,004 | +135% |
| Financial income | 75/76B | €595 | €1,109 | +€515 | +86.5% |
| Recurring financial income | 75 | €595 | €1,109 | +€515 | +86.5% |
| Financial charges | 65/66B | €3,574 | €2,606 | -€968 | -27.1% |
| Recurring financial charges | 65 | €3,574 | €2,606 | -€968 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €23,610 | €61,096 | +€37,487 | +159% |
| Income taxes | 67/77 | €1,967 | €2,706 | +€738 | +37.5% |
| Profit (loss) for the period | 9904 | €21,642 | €58,390 | +€36,748 | +170% |
| Profit (loss) for the period to be appropriated | 9905 | €21,642 | €58,390 | +€36,748 | +170% |
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 15 October 2026 via checked.be.