KOUKOU: 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.
KOUKOU
Largest movements
- Tangible fixed assets -€14,051
down €14,051 (-21.5%), from €65,500 to €51,449
of which Leasing and similar rights: -€8,241
- Cash +€13,783
up €13,783 (+355%), from €3,884 to €17,666
mainly Depreciation (+€14,587) and Other debts (+€14,100)
- Stocks and contracts -€6,752
down €6,752 (-52.2%), from €12,939 to €6,187
- Receivables within one year -€4,062
down €4,062 (-96.0%), from €4,232 to €170
of which Other amounts receivable: -€2,737
- Profit (loss) carried forward -€33,511
down €33,511 (-74.9%), from -€44,741 to -€78,252
- Other debts +€14,100
up €14,100 (+45.1%), from €31,278 to €45,378
- Trade debts +€13,128
up €13,128 (+133%), from €9,887 to €23,016
- Debts after one year -€6,670
down €6,670 (-31.8%), from €20,960 to €14,289
- Gross operating margin +€19,881
up €19,881, from -€19,495 to €386
- Depreciation +€8,385
up €8,385 (+135%), from €6,202 to €14,587
- Financial charges +€4,670
up €4,670 (+310%), from €1,504 to €6,174
of which Financial charges: +€2,693
- Staff costs -€4,643
down €4,643 (-27.4%), from €16,960 to €12,317
- Other operating charges +€316
up €316 (+30.3%), from €1,045 to €1,361
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 | €94,915 | €83,113 | -€11,802 | -12.4% |
| Formation expenses | 20 | €2,327 | €1,791 | -€537 | -23.1% |
| Fixed assets | 21/28 | €71,350 | €57,299 | -€14,051 | -19.7% |
| Tangible fixed assets | 22/27 | €65,500 | €51,449 | -€14,051 | -21.5% |
| Plant, machinery and equipment | 23 | €4,412 | €3,467 | -€945 | -21.4% |
| Furniture and vehicles | 24 | €13,697 | €10,691 | -€3,006 | -21.9% |
| Leasing and similar rights | 25 | €30,079 | €21,838 | -€8,241 | -27.4% |
| Other tangible fixed assets | 26 | €17,312 | €15,454 | -€1,858 | -10.7% |
| Financial fixed assets | 28 | €5,850 | €5,850 | = | 0.0% |
| Current assets | 29/58 | €21,238 | €24,023 | +€2,785 | +13.1% |
| Stocks and contracts in progress | 3 | €12,939 | €6,187 | -€6,752 | -52.2% |
| Stocks | 30/36 | €12,939 | €6,187 | -€6,752 | -52.2% |
| Amounts receivable within one year | 40/41 | €4,232 | €170 | -€4,062 | -96.0% |
| Trade receivables | 40 | €1,325 | - | -€1,325 | |
| Other amounts receivable | 41 | €2,907 | €170 | -€2,737 | -94.2% |
| Cash at bank and in hand | 54/58 | €3,884 | €17,666 | +€13,783 | +355% |
| Deferred charges and accrued income | 490/1 | €183 | - | -€183 | |
| Total equity and liabilities | 10/49 | €94,915 | €83,113 | -€11,802 | -12.4% |
| Equity | 10/15 | €23,260 | -€10,251 | -€33,511 | |
| Contributions | 10/11 | €68,001 | €68,001 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,741 | -€78,252 | -€33,511 | -74.9% |
| Amounts payable | 17/49 | €71,655 | €93,364 | +€21,709 | +30.3% |
| Amounts payable after more than one year | 17 | €20,960 | €14,289 | -€6,670 | -31.8% |
| Financial debts | 170/4 | €20,960 | €14,289 | -€6,670 | -31.8% |
| Amounts payable within one year | 42/48 | €50,696 | €79,075 | +€28,379 | +56.0% |
| Current portion of amounts payable after more than one year | 42 | €5,766 | €6,670 | +€905 | +15.7% |
| Trade debts | 44 | €9,887 | €23,016 | +€13,128 | +133% |
| Suppliers | 440/4 | €9,887 | €23,016 | +€13,128 | +133% |
| Taxes, remuneration and social security | 45 | €3,765 | €4,011 | +€246 | +6.5% |
| Taxes | 450/3 | - | €1,466 | +€1,466 | |
| Remuneration and social security | 454/9 | €3,765 | €2,546 | -€1,219 | -32.4% |
| Other amounts payable | 47/48 | €31,278 | €45,378 | +€14,100 | +45.1% |
| Remuneration, social security and pensions | 62 | €16,960 | €12,317 | -€4,643 | -27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,202 | €14,587 | +€8,385 | +135% |
| Other operating charges | 640/8 | €1,045 | €1,361 | +€316 | +30.3% |
| Gross operating margin | 9900 | -€19,495 | €386 | +€19,881 | |
| Operating profit (loss) | 9901 | -€43,701 | -€27,879 | +€15,822 | +36.2% |
| Financial income | 75/76B | €465 | €543 | +€78 | +16.8% |
| Recurring financial income | 75 | €465 | €543 | +€78 | +16.8% |
| Financial charges | 65/66B | €1,504 | €6,174 | +€4,670 | +310% |
| Recurring financial charges | 65 | €1,504 | €4,198 | +€2,693 | +179% |
| Non-recurring financial charges | 66B | - | €1,977 | +€1,977 | |
| Profit (loss) for the period before taxes | 9903 | -€44,741 | -€33,511 | +€11,231 | +25.1% |
| Profit (loss) for the period | 9904 | -€44,741 | -€33,511 | +€11,231 | +25.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,741 | -€33,511 | +€11,231 | +25.1% |
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.