KOUNAR: 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.
KOUNAR
Largest movements
- Receivables within one year +€21,285
up €21,285 (+1.6%), from €1.4m to €1.4m
- Other debts +€19,408
up €19,408 (+38.5%), from €50,421 to €69,829
- Financial charges +€8,210
up €8,210 (+21051.6%), from €39 to €8,249
- Gross operating margin +€3,111
up €3,111 (+95.0%), from -€3,276 to -€165
- Taxes +€924
up €924 (+20.6%), from €4,479 to €5,404
- Other operating charges +€34
up €34 (+3.0%), from €1,151 to €1,185
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 | €1,384,415 | €1,405,674 | +€21,259 | +1.5% |
| Fixed assets | 21/28 | €2,000 | €2,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €1,382,415 | €1,403,674 | +€21,259 | +1.5% |
| Amounts receivable within one year | 40/41 | €1,370,146 | €1,391,431 | +€21,285 | +1.6% |
| Other amounts receivable | 41 | €1,370,146 | €1,391,431 | +€21,285 | +1.6% |
| Cash at bank and in hand | 54/58 | €26 | - | -€26 | |
| Deferred charges and accrued income | 490/1 | €12,243 | €12,243 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,384,415 | €1,405,674 | +€21,259 | +1.5% |
| Equity | 10/15 | €1,137,519 | €1,143,766 | +€6,247 | +0.5% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €683,100 | €683,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €513,100 | €513,100 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €254,419 | €260,666 | +€6,247 | +2.5% |
| Amounts payable | 17/49 | €246,896 | €261,908 | +€15,012 | +6.1% |
| Amounts payable within one year | 42/48 | €246,712 | €260,723 | +€14,010 | +5.7% |
| Trade debts | 44 | €11,414 | €11,680 | +€265 | +2.3% |
| Suppliers | 440/4 | €11,414 | €11,680 | +€265 | +2.3% |
| Taxes, remuneration and social security | 45 | €184,877 | €179,214 | -€5,663 | -3.1% |
| Taxes | 450/3 | €184,877 | €179,214 | -€5,663 | -3.1% |
| Other amounts payable | 47/48 | €50,421 | €69,829 | +€19,408 | +38.5% |
| Accrued charges and deferred income | 492/3 | €184 | €1,185 | +€1,002 | +545.3% |
| Other operating charges | 640/8 | €1,151 | €1,185 | +€34 | +3.0% |
| Gross operating margin | 9900 | -€3,276 | -€165 | +€3,111 | +95.0% |
| Operating profit (loss) | 9901 | -€4,427 | -€1,350 | +€3,077 | +69.5% |
| Financial income | 75/76B | €21,250 | €21,250 | = | 0.0% |
| Recurring financial income | 75 | €21,250 | €21,250 | = | 0.0% |
| Financial charges | 65/66B | €39 | €8,249 | +€8,210 | +21051.6% |
| Recurring financial charges | 65 | €39 | €8,249 | +€8,210 | +21051.6% |
| Profit (loss) for the period before taxes | 9903 | €16,784 | €11,650 | -€5,133 | -30.6% |
| Income taxes | 67/77 | €4,479 | €5,404 | +€924 | +20.6% |
| Profit (loss) for the period | 9904 | €12,304 | €6,247 | -€6,058 | -49.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,304 | €6,247 | -€6,058 | -49.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.