KOTIAN: 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.
KOTIAN
Largest movements
- Cash -€6,358
down €6,358 (-21.2%), from €29,998 to €23,639
mainly Other debts (-€7,890) and Stocks and contracts (-€4,751)
- Stocks and contracts +€4,751
up €4,751 (+148%), from €3,221 to €7,971
- Tangible fixed assets -€3,366
down €3,366 (-57.7%), from €5,833 to €2,467
of which Furniture and vehicles: -€2,467
- Receivables within one year +€836
up €836 (+7.8%), from €10,666 to €11,502
of which Other amounts receivable: +€1,544
- Other debts -€7,890
down €7,890 (-63.3%), from €12,461 to €4,571
- Trade debts +€2,835
up €2,835 (+99.1%), from €2,860 to €5,695
- Profit (loss) carried forward +€674
up €674 (+10.2%), from €6,622 to €7,297
- Gross operating margin -€20,464
down €20,464 (-45.0%), from €45,431 to €24,967
- Staff costs -€7,806
down €7,806 (-32.8%), from €23,799 to €15,993
- Taxes -€7,593
down €7,593 (-85.6%), from €8,871 to €1,278
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 | €50,018 | €45,580 | -€4,439 | -8.9% |
| Fixed assets | 21/28 | €5,833 | €2,467 | -€3,366 | -57.7% |
| Tangible fixed assets | 22/27 | €5,833 | €2,467 | -€3,366 | -57.7% |
| Plant, machinery and equipment | 23 | €899 | €0 | -€899 | -100% |
| Furniture and vehicles | 24 | €4,934 | €2,467 | -€2,467 | -50.0% |
| Current assets | 29/58 | €44,185 | €43,113 | -€1,073 | -2.4% |
| Stocks and contracts in progress | 3 | €3,221 | €7,971 | +€4,751 | +148% |
| Stocks | 30/36 | €3,221 | €7,971 | +€4,751 | +148% |
| Amounts receivable within one year | 40/41 | €10,666 | €11,502 | +€836 | +7.8% |
| Trade receivables | 40 | €9,193 | €8,485 | -€708 | -7.7% |
| Other amounts receivable | 41 | €1,473 | €3,017 | +€1,544 | +105% |
| Cash at bank and in hand | 54/58 | €29,998 | €23,639 | -€6,358 | -21.2% |
| Deferred charges and accrued income | 490/1 | €301 | - | -€301 | |
| Total equity and liabilities | 10/49 | €50,018 | €45,580 | -€4,439 | -8.9% |
| Equity | 10/15 | €27,082 | €27,757 | +€674 | +2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,622 | €7,297 | +€674 | +10.2% |
| Amounts payable | 17/49 | €22,936 | €17,823 | -€5,113 | -22.3% |
| Amounts payable within one year | 42/48 | €22,936 | €17,823 | -€5,113 | -22.3% |
| Trade debts | 44 | €2,860 | €5,695 | +€2,835 | +99.1% |
| Suppliers | 440/4 | €2,860 | €5,695 | +€2,835 | +99.1% |
| Taxes, remuneration and social security | 45 | €7,615 | €7,557 | -€58 | -0.8% |
| Taxes | 450/3 | €5,398 | €4,460 | -€937 | -17.4% |
| Remuneration and social security | 454/9 | €2,217 | €3,096 | +€879 | +39.7% |
| Other amounts payable | 47/48 | €12,461 | €4,571 | -€7,890 | -63.3% |
| Remuneration, social security and pensions | 62 | €23,799 | €15,993 | -€7,806 | -32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,366 | €3,366 | = | 0.0% |
| Other operating charges | 640/8 | €2,818 | €2,922 | +€104 | +3.7% |
| Gross operating margin | 9900 | €45,431 | €24,967 | -€20,464 | -45.0% |
| Operating profit (loss) | 9901 | €15,448 | €2,686 | -€12,761 | -82.6% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €741 | €737 | -€4 | -0.5% |
| Recurring financial charges | 65 | €741 | €737 | -€4 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €14,707 | €1,952 | -€12,755 | -86.7% |
| Income taxes | 67/77 | €8,871 | €1,278 | -€7,593 | -85.6% |
| Profit (loss) for the period | 9904 | €5,836 | €674 | -€5,162 | -88.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,836 | €674 | -€5,162 | -88.4% |
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 17 October 2026 via checked.be.