KOUFRAN: what changed
Two fiscal 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.
KOUFRAN
Largest movements
- Cash -€4,826
down €4,826 (-43.5%), from €11,092 to €6,266
mainly Net result for the year (-€5,134) and Other debts (-€2,299)
- Tangible fixed assets -€1,447
down €1,447 (-81.1%), from €1,785 to €338
of which Land and buildings: -€1,447
- Receivables within one year -€713
no longer reported in 2025 (was €713)
- Deferred charges and accrued income -€173
no longer reported in 2025 (was €173)
- Profit (loss) carried forward -€5,134
down €5,134 (-4.3%), from -€119,961 to -€125,095
- Other debts -€2,299
down €2,299 (-10.9%), from €20,997 to €18,698
- Tax, wage and social debts +€605
up €605 (+196.4%), from €308 to €913
- Trade debts -€331
down €331 (-23.2%), from €1,427 to €1,096
- Gross operating margin +€24,170
up €24,170 (+90.9%), from -€26,583 to -€2,413
- Depreciation -€1,228
down €1,228 (-45.9%), from €2,675 to €1,447
- Other operating charges -€851
down €851 (-49.4%), from €1,724 to €873
- Taxes -€634
no longer reported in 2025 (was €634)
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 | €14,271 | €7,112 | -€7,159 | -50.2% |
| Fixed assets | 21/28 | €2,293 | €846 | -€1,447 | -63.1% |
| Tangible fixed assets | 22/27 | €1,785 | €338 | -€1,447 | -81.1% |
| Land and buildings | 22 | €1,761 | €314 | -€1,447 | -82.2% |
| Plant, machinery and equipment | 23 | €24 | €24 | = | 0.0% |
| Financial fixed assets | 28 | €508 | €508 | = | 0.0% |
| Current assets | 29/58 | €11,978 | €6,266 | -€5,712 | -47.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €713 | - | -€713 | |
| Trade receivables | 40 | €713 | - | -€713 | |
| Cash at bank and in hand | 54/58 | €11,092 | €6,266 | -€4,826 | -43.5% |
| Deferred charges and accrued income | 490/1 | €173 | - | -€173 | |
| Total equity and liabilities | 10/49 | €14,271 | €7,112 | -€7,159 | -50.2% |
| Equity | 10/15 | -€8,461 | -€13,595 | -€5,134 | -60.7% |
| Contributions | 10/11 | €111,500 | €111,500 | = | 0.0% |
| Capital | 10 | €111,500 | €111,500 | = | 0.0% |
| Issued capital | 100 | €111,500 | €111,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,961 | -€125,095 | -€5,134 | -4.3% |
| Amounts payable | 17/49 | €22,732 | €20,707 | -€2,025 | -8.9% |
| Amounts payable within one year | 42/48 | €22,732 | €20,707 | -€2,025 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,427 | €1,096 | -€331 | -23.2% |
| Suppliers | 440/4 | €1,427 | €1,096 | -€331 | -23.2% |
| Taxes, remuneration and social security | 45 | €308 | €913 | +€605 | +196.4% |
| Taxes | 450/3 | €308 | €913 | +€605 | +196.4% |
| Other amounts payable | 47/48 | €20,997 | €18,698 | -€2,299 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,675 | €1,447 | -€1,228 | -45.9% |
| Other operating charges | 640/8 | €1,724 | €873 | -€851 | -49.4% |
| Gross operating margin | 9900 | -€26,583 | -€2,413 | +€24,170 | +90.9% |
| Operating profit (loss) | 9901 | -€30,982 | -€4,733 | +€26,249 | +84.7% |
| Financial income | 75/76B | €33 | - | -€33 | |
| Recurring financial income | 75 | €33 | - | -€33 | |
| Financial charges | 65/66B | €468 | €401 | -€67 | -14.3% |
| Recurring financial charges | 65 | €468 | €401 | -€67 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | -€31,417 | -€5,134 | +€26,283 | +83.7% |
| Income taxes | 67/77 | €634 | - | -€634 | |
| Profit (loss) for the period | 9904 | -€32,051 | -€5,134 | +€26,917 | +84.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,051 | -€5,134 | +€26,917 | +84.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.