Kot & More: 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.
What changed
Kot & More
NACE 73.300, Public relations and communication consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€39,718
2024 · -€60,647+€20,929
Equity
€741,606
2024 · €781,324-€39,718
Cash
€5,196
2024 · €2,969+€2,227
Balance sheet total
€1.2m
2024 · €1.2m-€47,417
Largest movements
Assets
- Deferred charges and accrued income -€25,451
down €25,451 (-70.5%), from €36,083 to €10,632
- Tangible fixed assets -€19,723
down €19,723 (-3.8%), from €514,240 to €494,517
of which Land and buildings: -€16,500
Equity and liabilities
- Profit (loss) carried forward -€39,718
down €39,718 (-5.1%), from €778,824 to €739,106
- Debts after one year -€14,988
down €14,988 (-3.6%), from €417,591 to €402,603
Income statement
- Gross operating margin +€27,395
up €27,395 (+81.5%), from -€33,600 to -€6,205
- Financial income -€8,449
down €8,449 (-35.1%), from €24,051 to €15,602
- Financial charges -€1,970
down €1,970 (-7.3%), from €26,966 to €24,996
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.
Result 2024
-€60,647
Gross operating margin
+€27,395
Depreciation
-€319
Other operating charges
+€316
Financial income
-€8,449
Financial charges
+€1,970
Taxes
+€16
Result 2025
-€39,718
raises the resultlowers the result
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.
From operations
+€5,859
Investment
-€1,344
Financing
-€2,288
Cash 2024
€2,969
From operations (derived)
+€5,859
Net result for the year
-€39,718
Depreciation
+€21,067
Receivables within one year
+€4,470
Deferred charges and accrued income
+€25,451
Trade debts
-€4,668
Tax, wage and social debts
-€269
Other debts
-€500
Accrued charges and deferred income
+€26
Investment (derived)
-€1,344
Investment in fixed assets (net)
-€1,344
Financing
-€2,288
Debts after one year
-€14,988
Current portion of long-term debt
+€700
Short-term financial debts
+€12,000
Cash 2025
€5,196
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,225,887 | €1,178,470 | -€47,417 | -3.9% |
| Fixed assets | 21/28 | €533,403 | €513,680 | -€19,723 | -3.7% |
| Tangible fixed assets | 22/27 | €514,240 | €494,517 | -€19,723 | -3.8% |
| Land and buildings | 22 | €476,014 | €459,514 | -€16,500 | -3.5% |
| Plant, machinery and equipment | 23 | €29,187 | €25,920 | -€3,267 | -11.2% |
| Furniture and vehicles | 24 | €4,279 | €4,323 | +€44 | +1.0% |
| Other tangible fixed assets | 26 | €4,760 | €4,760 | = | 0.0% |
| Financial fixed assets | 28 | €19,163 | €19,163 | = | 0.0% |
| Current assets | 29/58 | €692,484 | €664,790 | -€27,694 | -4.0% |
| Amounts receivable within one year | 40/41 | €653,432 | €648,961 | -€4,470 | -0.7% |
| Other amounts receivable | 41 | €653,432 | €648,961 | -€4,470 | -0.7% |
| Cash at bank and in hand | 54/58 | €2,969 | €5,196 | +€2,227 | +75.0% |
| Deferred charges and accrued income | 490/1 | €36,083 | €10,632 | -€25,451 | -70.5% |
| Total equity and liabilities | 10/49 | €1,225,887 | €1,178,470 | -€47,417 | -3.9% |
| Equity | 10/15 | €781,324 | €741,606 | -€39,718 | -5.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €778,824 | €739,106 | -€39,718 | -5.1% |
| Amounts payable | 17/49 | €444,563 | €436,864 | -€7,699 | -1.7% |
| Amounts payable after more than one year | 17 | €417,591 | €402,603 | -€14,988 | -3.6% |
| Financial debts | 170/4 | €417,591 | €402,603 | -€14,988 | -3.6% |
| Amounts payable within one year | 42/48 | €25,826 | €33,089 | +€7,263 | +28.1% |
| Current portion of amounts payable after more than one year | 42 | €14,288 | €14,988 | +€700 | +4.9% |
| Financial debts | 43 | - | €12,000 | +€12,000 | |
| Credit institutions | 430/8 | - | €12,000 | +€12,000 | |
| Trade debts | 44 | €9,849 | €5,181 | -€4,668 | -47.4% |
| Suppliers | 440/4 | €9,849 | €5,181 | -€4,668 | -47.4% |
| Taxes, remuneration and social security | 45 | €789 | €521 | -€269 | -34.0% |
| Taxes | 450/3 | €789 | €521 | -€269 | -34.0% |
| Other amounts payable | 47/48 | €900 | €400 | -€500 | -55.6% |
| Accrued charges and deferred income | 492/3 | €1,146 | €1,172 | +€26 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,748 | €21,067 | +€319 | +1.5% |
| Other operating charges | 640/8 | €3,116 | €2,800 | -€316 | -10.1% |
| Gross operating margin | 9900 | -€33,600 | -€6,205 | +€27,395 | +81.5% |
| Operating profit (loss) | 9901 | -€57,464 | -€30,072 | +€27,392 | +47.7% |
| Financial income | 75/76B | €24,051 | €15,602 | -€8,449 | -35.1% |
| Recurring financial income | 75 | €24,051 | €15,602 | -€8,449 | -35.1% |
| Financial charges | 65/66B | €26,966 | €24,996 | -€1,970 | -7.3% |
| Recurring financial charges | 65 | €26,966 | €24,996 | -€1,970 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | -€60,379 | -€39,466 | +€20,913 | +34.6% |
| Income taxes | 67/77 | €268 | €252 | -€16 | -6.1% |
| Profit (loss) for the period | 9904 | -€60,647 | -€39,718 | +€20,929 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,647 | -€39,718 | +€20,929 | +34.5% |
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 19 October 2026 via checked.be.