KOT & CO: 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.
KOT & CO
Largest movements
- Tangible fixed assets +€2.0m
up €2.0m (+1,048%), from €193,443 to €2.2m
of which Land and buildings: +€1.5m
- Stocks and contracts -€1.6m
no longer reported in 2025 (was €1.6m)
- Receivables within one year -€127,023
down €127,023 (-99.3%), from €127,896 to €873
- Financial fixed assets +€50,000
new in 2025: €50,000
- Reserves +€381,447
up €381,447 (+389%), from €98,061 to €479,508
- Profit (loss) carried forward -€238,876
new in 2025: -€238,876
- Short-term financial debts +€198,383
up €198,383 (+15.2%), from €1.3m to €1.5m
- Trade debts +€119,173
up €119,173 (+2,751%), from €4,332 to €123,504
- Other debts -€77,085
down €77,085 (-16.9%), from €455,377 to €378,292
- Gross operating margin -€535,602
down €535,602, from €461,502 to -€74,100
- Financial charges -€76,248
down €76,248 (-51.9%), from €146,777 to €70,528
- Taxes -€33,146
down €33,146 (-99.5%), from €33,299 to €153
- Other operating charges +€6,879
up €6,879 (+39.1%), from €17,611 to €24,490
- Depreciation +€4,674
up €4,674 (+23.6%), from €19,828 to €24,503
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 | €1,927,667 | €2,308,505 | +€380,838 | +19.8% |
| Fixed assets | 21/28 | €193,443 | €2,270,917 | +€2.1m | +1,074% |
| Tangible fixed assets | 22/27 | €193,443 | €2,220,917 | +€2.0m | +1,048% |
| Land and buildings | 22 | €111,633 | €1,589,022 | +€1.5m | +1,323% |
| Plant, machinery and equipment | 23 | €561 | - | -€561 | |
| Furniture and vehicles | 24 | €81,249 | €61,539 | -€19,710 | -24.3% |
| Assets under construction and advance payments | 27 | - | €570,356 | +€570,356 | |
| Financial fixed assets | 28 | - | €50,000 | +€50,000 | |
| Current assets | 29/58 | €1,734,225 | €37,588 | -€1.7m | -97.8% |
| Stocks and contracts in progress | 3 | €1,570,645 | - | -€1.6m | |
| Stocks | 30/36 | €1,570,645 | - | -€1.6m | |
| Amounts receivable within one year | 40/41 | €127,896 | €873 | -€127,023 | -99.3% |
| Other amounts receivable | 41 | €127,896 | €873 | -€127,023 | -99.3% |
| Cash at bank and in hand | 54/58 | €34,641 | €25,997 | -€8,644 | -25.0% |
| Deferred charges and accrued income | 490/1 | €1,042 | €10,718 | +€9,676 | +928% |
| Total equity and liabilities | 10/49 | €1,927,667 | €2,308,505 | +€380,838 | +19.8% |
| Equity | 10/15 | €99,061 | €243,632 | +€144,571 | +146% |
| Contributions | 10/11 | €1,000 | €3,000 | +€2,000 | +200% |
| Reserves | 13 | €98,061 | €479,508 | +€381,447 | +389% |
| Distributable reserves | 133 | €98,061 | €479,508 | +€381,447 | +389% |
| Profit (loss) carried forward | 14 | - | -€238,876 | -€238,876 | |
| Amounts payable | 17/49 | €1,828,606 | €2,064,873 | +€236,266 | +12.9% |
| Amounts payable after more than one year | 17 | €53,346 | €38,431 | -€14,915 | -28.0% |
| Financial debts | 170/4 | €53,346 | €38,431 | -€14,915 | -28.0% |
| Amounts payable within one year | 42/48 | €1,775,260 | €2,026,442 | +€251,182 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €13,935 | €14,915 | +€980 | +7.0% |
| Financial debts | 43 | €1,301,617 | €1,500,000 | +€198,383 | +15.2% |
| Credit institutions | 430/8 | €1,301,617 | €1,500,000 | +€198,383 | +15.2% |
| Trade debts | 44 | €4,332 | €123,504 | +€119,173 | +2,751% |
| Suppliers | 440/4 | €4,332 | €123,504 | +€119,173 | +2,751% |
| Taxes, remuneration and social security | 45 | - | €9,730 | +€9,730 | |
| Taxes | 450/3 | - | €9,730 | +€9,730 | |
| Other amounts payable | 47/48 | €455,377 | €378,292 | -€77,085 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,828 | €24,503 | +€4,674 | +23.6% |
| Other operating charges | 640/8 | €17,611 | €24,490 | +€6,879 | +39.1% |
| Gross operating margin | 9900 | €461,502 | -€74,100 | -€535,602 | |
| Operating profit (loss) | 9901 | €424,064 | -€123,093 | -€547,156 | |
| Financial income | 75/76B | €222 | €16 | -€206 | -92.8% |
| Recurring financial income | 75 | €222 | €16 | -€206 | -92.8% |
| Financial charges | 65/66B | €146,777 | €70,528 | -€76,248 | -51.9% |
| Recurring financial charges | 65 | €146,777 | €70,528 | -€76,248 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | €277,509 | -€193,605 | -€471,114 | |
| Income taxes | 67/77 | €33,299 | €153 | -€33,146 | -99.5% |
| Profit (loss) for the period | 9904 | €244,210 | -€193,758 | -€437,968 | |
| Profit (loss) for the period to be appropriated | 9905 | €244,210 | -€193,758 | -€437,968 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.