KOTAS: 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.
KOTAS
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Trade debts +€110,052
up €110,052 (+72.5%), from €151,813 to €261,865
- Profit (loss) carried forward -€52,475
down €52,475, from €14,076 to -€38,398
- Tax, wage and social debts -€40,193
down €40,193 (-42.0%), from €95,594 to €55,401
of which Taxes: -€75,665
- Current portion of long-term debt -€20,694
no longer reported in 2025 (was €20,694)
- Turnover -€342,334
down €342,334 (-7.9%), from €4.4m to €4.0m
- Purchases and services -€338,007
down €338,007 (-8.1%), from €4.2m to €3.9m
- Gross operating margin -€165,883
down €165,883 (-48.1%), from €345,192 to €179,309
- Staff costs -€109,590
down €109,590 (-33.3%), from €329,042 to €219,452
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 | €302,776 | €301,611 | -€1,165 | -0.4% |
| Fixed assets | 21/28 | €750 | €750 | = | 0.0% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €302,026 | €300,861 | -€1,165 | -0.4% |
| Stocks and contracts in progress | 3 | €58,079 | €58,079 | = | 0.0% |
| Stocks | 30/36 | €58,079 | €58,079 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €231,658 | €232,117 | +€459 | +0.2% |
| Trade receivables | 40 | €49,694 | €131,225 | +€81,531 | +164% |
| Other amounts receivable | 41 | €181,964 | €100,893 | -€81,071 | -44.6% |
| Cash at bank and in hand | 54/58 | €11,770 | €10,145 | -€1,624 | -13.8% |
| Deferred charges and accrued income | 490/1 | €520 | €520 | = | 0.0% |
| Total equity and liabilities | 10/49 | €302,776 | €301,611 | -€1,165 | -0.4% |
| Equity | 10/15 | €34,528 | -€17,947 | -€52,475 | |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Contributions outside capital | 11 | €20,451 | €20,451 | = | 0.0% |
| Other | 1109/19 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,076 | -€38,398 | -€52,475 | |
| Amounts payable | 17/49 | €268,249 | €319,558 | +€51,310 | +19.1% |
| Amounts payable within one year | 42/48 | €268,249 | €319,558 | +€51,310 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €20,694 | - | -€20,694 | |
| Trade debts | 44 | €151,813 | €261,865 | +€110,052 | +72.5% |
| Suppliers | 440/4 | €151,813 | €261,865 | +€110,052 | +72.5% |
| Taxes, remuneration and social security | 45 | €95,594 | €55,401 | -€40,193 | -42.0% |
| Taxes | 450/3 | €87,752 | €12,087 | -€75,665 | -86.2% |
| Remuneration and social security | 454/9 | €7,842 | €43,314 | +€35,471 | +452% |
| Other amounts payable | 47/48 | €148 | €2,293 | +€2,145 | +1,446% |
| Turnover | 70 | €4,360,900 | €4,018,566 | -€342,334 | -7.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,190,260 | €3,852,253 | -€338,007 | -8.1% |
| Remuneration, social security and pensions | 62 | €329,042 | €219,452 | -€109,590 | -33.3% |
| Other operating charges | 640/8 | €823 | €2,816 | +€1,994 | +242% |
| Gross operating margin | 9900 | €345,192 | €179,309 | -€165,883 | -48.1% |
| Operating profit (loss) | 9901 | €15,328 | -€42,960 | -€58,287 | |
| Financial income | 75/76B | €0 | €57 | +€57 | +565,900% |
| Recurring financial income | 75 | €0 | €57 | +€57 | +565,900% |
| Financial charges | 65/66B | €6,892 | €9,572 | +€2,680 | +38.9% |
| Recurring financial charges | 65 | €6,892 | €9,572 | +€2,680 | +38.9% |
| Profit (loss) for the period before taxes | 9903 | €8,436 | -€52,475 | -€60,910 | |
| Profit (loss) for the period | 9904 | €8,436 | -€52,475 | -€60,910 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,436 | -€52,475 | -€60,910 |
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 18 October 2026 via checked.be.