KOTENCO: 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.
KOTENCO
Largest movements
- Tangible fixed assets -€77,083
down €77,083 (-5.5%), from €1.4m to €1.3m
of which Land and buildings: -€67,376
- Receivables within one year -€46,013
down €46,013 (-97.9%), from €47,013 to €1,000
- Debts after one year -€95,801
down €95,801 (-22.7%), from €421,932 to €326,131
- Profit (loss) carried forward -€70,021
down €70,021 (-11.2%), from -€627,638 to -€697,659
- Other debts +€18,750
up €18,750 (+1.3%), from €1.5m to €1.5m
- Other operating charges +€22,362
up €22,362 (+66.8%), from €33,499 to €55,861
- Gross operating margin -€19,862
down €19,862 (-20.0%), from €99,508 to €79,647
- Financial charges -€1,909
down €1,909 (-11.0%), from €17,374 to €15,465
of which Financial charges: -€2,764
- Depreciation -€1,162
down €1,162 (-1.5%), from €79,744 to €78,583
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.
Cash bridge derived
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 | €1,462,189 | €1,338,965 | -€123,224 | -8.4% |
| Fixed assets | 21/28 | €1,412,299 | €1,333,716 | -€78,583 | -5.6% |
| Intangible fixed assets | 21 | €3,000 | €1,500 | -€1,500 | -50.0% |
| Tangible fixed assets | 22/27 | €1,409,299 | €1,332,216 | -€77,083 | -5.5% |
| Land and buildings | 22 | €1,368,582 | €1,301,206 | -€67,376 | -4.9% |
| Plant, machinery and equipment | 23 | €40,718 | €31,010 | -€9,707 | -23.8% |
| Current assets | 29/58 | €49,890 | €5,249 | -€44,641 | -89.5% |
| Amounts receivable within one year | 40/41 | €47,013 | €1,000 | -€46,013 | -97.9% |
| Trade receivables | 40 | €47,013 | €1,000 | -€46,013 | -97.9% |
| Cash at bank and in hand | 54/58 | €194 | €621 | +€426 | +219.2% |
| Deferred charges and accrued income | 490/1 | €2,682 | €3,628 | +€946 | +35.3% |
| Total equity and liabilities | 10/49 | €1,462,189 | €1,338,965 | -€123,224 | -8.4% |
| Equity | 10/15 | -€566,138 | -€636,159 | -€70,021 | -12.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€627,638 | -€697,659 | -€70,021 | -11.2% |
| Amounts payable | 17/49 | €2,028,327 | €1,975,125 | -€53,203 | -2.6% |
| Amounts payable after more than one year | 17 | €421,932 | €326,131 | -€95,801 | -22.7% |
| Financial debts | 170/4 | €421,932 | €326,131 | -€95,801 | -22.7% |
| Amounts payable within one year | 42/48 | €1,606,395 | €1,641,501 | +€35,105 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €92,810 | €95,801 | +€2,991 | +3.2% |
| Trade debts | 44 | €23,584 | €36,949 | +€13,365 | +56.7% |
| Suppliers | 440/4 | €23,584 | €36,949 | +€13,365 | +56.7% |
| Other amounts payable | 47/48 | €1,490,002 | €1,508,752 | +€18,750 | +1.3% |
| Accrued charges and deferred income | 492/3 | - | €7,493 | +€7,493 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,744 | €78,583 | -€1,162 | -1.5% |
| Other operating charges | 640/8 | €33,499 | €55,861 | +€22,362 | +66.8% |
| Gross operating margin | 9900 | €99,508 | €79,647 | -€19,862 | -20.0% |
| Operating profit (loss) | 9901 | -€13,735 | -€54,797 | -€41,062 | -299.0% |
| Financial income | 75/76B | - | €241 | +€241 | |
| Recurring financial income | 75 | - | €241 | +€241 | |
| Financial charges | 65/66B | €17,374 | €15,465 | -€1,909 | -11.0% |
| Recurring financial charges | 65 | €17,374 | €14,610 | -€2,764 | -15.9% |
| Non-recurring financial charges | 66B | - | €855 | +€855 | |
| Profit (loss) for the period before taxes | 9903 | -€31,109 | -€70,021 | -€38,912 | -125.1% |
| Profit (loss) for the period | 9904 | -€31,109 | -€70,021 | -€38,912 | -125.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,109 | -€70,021 | -€38,912 | -125.1% |
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 10 October 2026 via checked.be.