Kothoa: 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.
Kothoa
Largest movements
- Cash +€15,244
up €15,244 (+168%), from €9,053 to €24,297
mainly Net result for the year (+€14,102) and Depreciation (+€3,982)
- Tangible fixed assets -€3,982
down €3,982 (-14.4%), from €27,570 to €23,589
of which Furniture and vehicles: -€1,995
- Receivables within one year -€1,223
down €1,223 (-26.1%), from €4,689 to €3,466
of which Other amounts receivable: -€4,336
- Reserves +€14,102
up €14,102 (+176%), from €8,008 to €22,110
- Trade debts -€7,291
down €7,291 (-85.0%), from €8,575 to €1,284
- Tax, wage and social debts +€3,141
up €3,141 (+859%), from €366 to €3,507
- Gross operating margin +€33,850
up €33,850, from -€14,250 to €19,600
- Depreciation +€1,327
up €1,327 (+50.0%), from €2,655 to €3,982
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 | €41,312 | €51,352 | +€10,040 | +24.3% |
| Fixed assets | 21/28 | €27,570 | €23,589 | -€3,982 | -14.4% |
| Tangible fixed assets | 22/27 | €27,570 | €23,589 | -€3,982 | -14.4% |
| Land and buildings | 22 | €19,885 | €17,898 | -€1,987 | -10.0% |
| Furniture and vehicles | 24 | €7,685 | €5,690 | -€1,995 | -26.0% |
| Current assets | 29/58 | €13,742 | €27,763 | +€14,021 | +102% |
| Amounts receivable within one year | 40/41 | €4,689 | €3,466 | -€1,223 | -26.1% |
| Trade receivables | 40 | - | €3,113 | +€3,113 | |
| Other amounts receivable | 41 | €4,689 | €353 | -€4,336 | -92.5% |
| Cash at bank and in hand | 54/58 | €9,053 | €24,297 | +€15,244 | +168% |
| Total equity and liabilities | 10/49 | €41,312 | €51,352 | +€10,040 | +24.3% |
| Equity | 10/15 | €13,008 | €27,110 | +€14,102 | +108% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €8,008 | €22,110 | +€14,102 | +176% |
| Distributable reserves | 133 | €8,008 | €22,110 | +€14,102 | +176% |
| Amounts payable | 17/49 | €28,304 | €24,242 | -€4,062 | -14.4% |
| Amounts payable within one year | 42/48 | €28,304 | €24,242 | -€4,062 | -14.4% |
| Trade debts | 44 | €8,575 | €1,284 | -€7,291 | -85.0% |
| Suppliers | 440/4 | €8,575 | €1,284 | -€7,291 | -85.0% |
| Taxes, remuneration and social security | 45 | €366 | €3,507 | +€3,141 | +859% |
| Taxes | 450/3 | €366 | €3,507 | +€3,141 | +859% |
| Other amounts payable | 47/48 | €19,364 | €19,451 | +€88 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,655 | €3,982 | +€1,327 | +50.0% |
| Other operating charges | 640/8 | €1,265 | €1,186 | -€79 | -6.3% |
| Gross operating margin | 9900 | -€14,250 | €19,600 | +€33,850 | |
| Operating profit (loss) | 9901 | -€18,170 | €14,432 | +€32,603 | |
| Financial charges | 65/66B | €210 | €48 | -€163 | -77.3% |
| Recurring financial charges | 65 | €210 | €48 | -€163 | -77.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,381 | €14,385 | +€32,765 | |
| Income taxes | 67/77 | €366 | €283 | -€83 | -22.6% |
| Profit (loss) for the period | 9904 | -€18,746 | €14,102 | +€32,848 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,746 | €14,102 | +€32,848 |
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 14 October 2026 via checked.be.