KOUNNA: 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.
KOUNNA
Largest movements
- Cash +€96,927
up €96,927 (+90.8%), from €106,784 to €203,711
mainly Net result for the year (+€163,312) and Stocks and contracts (+€87,237)
- Tangible fixed assets +€94,492
up €94,492 (+20.6%), from €459,785 to €554,278
of which Land and buildings: +€141,474
- Stocks and contracts -€87,237
down €87,237 (-28.9%), from €301,974 to €214,737
- Receivables within one year -€78,756
down €78,756 (-36.3%), from €216,679 to €137,923
of which Trade receivables: -€69,552
- Trade debts -€133,371
down €133,371 (-61.5%), from €216,936 to €83,565
- Profit (loss) carried forward +€127,812
up €127,812 (+51.8%), from €246,700 to €374,513
- Other debts +€35,500
up €35,500, from €0 to €35,500
- Tax, wage and social debts -€11,412
down €11,412 (-79.3%), from €14,391 to €2,979
of which Remuneration and social security: -€8,040
- Staff costs -€30,029
down €30,029 (-35.7%), from €84,028 to €53,999
- Financial charges +€19,517
up €19,517 (+120.3%), from €16,226 to €35,743
- Depreciation +€10,877
up €10,877 (+31.2%), from €34,811 to €45,689
- Other operating charges +€10,096
up €10,096 (+159.4%), from €6,333 to €16,429
- Write-downs +€7,036
new in 2025: €7,036
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 | €1,107,785 | €1,128,991 | +€21,206 | +1.9% |
| Fixed assets | 21/28 | €469,088 | €561,853 | +€92,765 | +19.8% |
| Intangible fixed assets | 21 | €1,727 | €0 | -€1,727 | -100.0% |
| Tangible fixed assets | 22/27 | €459,785 | €554,278 | +€94,492 | +20.6% |
| Land and buildings | 22 | €391,765 | €533,239 | +€141,474 | +36.1% |
| Plant, machinery and equipment | 23 | €28,176 | €0 | -€28,176 | -100.0% |
| Furniture and vehicles | 24 | €39,845 | €21,039 | -€18,806 | -47.2% |
| Financial fixed assets | 28 | €7,575 | €7,575 | = | 0.0% |
| Current assets | 29/58 | €638,697 | €567,138 | -€71,559 | -11.2% |
| Stocks and contracts in progress | 3 | €301,974 | €214,737 | -€87,237 | -28.9% |
| Stocks | 30/36 | €301,974 | €214,737 | -€87,237 | -28.9% |
| Amounts receivable within one year | 40/41 | €216,679 | €137,923 | -€78,756 | -36.3% |
| Trade receivables | 40 | €195,716 | €126,164 | -€69,552 | -35.5% |
| Other amounts receivable | 41 | €20,963 | €11,759 | -€9,205 | -43.9% |
| Cash at bank and in hand | 54/58 | €106,784 | €203,711 | +€96,927 | +90.8% |
| Deferred charges and accrued income | 490/1 | €13,260 | €10,767 | -€2,493 | -18.8% |
| Total equity and liabilities | 10/49 | €1,107,785 | €1,128,991 | +€21,206 | +1.9% |
| Equity | 10/15 | €265,200 | €393,013 | +€127,812 | +48.2% |
| Contributions | 10/11 | €18,500 | €18,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €246,700 | €374,513 | +€127,812 | +51.8% |
| Amounts payable | 17/49 | €842,584 | €735,978 | -€106,606 | -12.7% |
| Amounts payable after more than one year | 17 | €494,949 | €498,593 | +€3,644 | +0.7% |
| Financial debts | 170/4 | €494,949 | €498,593 | +€3,644 | +0.7% |
| Amounts payable within one year | 42/48 | €344,407 | €237,385 | -€107,022 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | €49,201 | €49,243 | +€43 | +0.1% |
| Financial debts | 43 | €44,880 | €45,098 | +€218 | +0.5% |
| Credit institutions | 430/8 | €44,880 | €45,098 | +€218 | +0.5% |
| Trade debts | 44 | €216,936 | €83,565 | -€133,371 | -61.5% |
| Suppliers | 440/4 | €216,936 | €83,565 | -€133,371 | -61.5% |
| Advances received on contracts in progress | 46 | €19,000 | €21,000 | +€2,000 | +10.5% |
| Taxes, remuneration and social security | 45 | €14,391 | €2,979 | -€11,412 | -79.3% |
| Taxes | 450/3 | €5,426 | €2,055 | -€3,372 | -62.1% |
| Remuneration and social security | 454/9 | €8,964 | €924 | -€8,040 | -89.7% |
| Other amounts payable | 47/48 | €0 | €35,500 | +€35,500 | |
| Accrued charges and deferred income | 492/3 | €3,228 | €0 | -€3,228 | -100.0% |
| Non-recurring operating income | 76A | €2,226 | €1,000 | -€1,226 | -55.1% |
| Remuneration, social security and pensions | 62 | €84,028 | €53,999 | -€30,029 | -35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,811 | €45,689 | +€10,877 | +31.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,036 | +€7,036 | |
| Other operating charges | 640/8 | €6,333 | €16,429 | +€10,096 | +159.4% |
| Non-recurring operating charges | 66A | €368 | €0 | -€368 | -100.0% |
| Gross operating margin | 9900 | €374,406 | €371,008 | -€3,398 | -0.9% |
| Operating profit (loss) | 9901 | €248,866 | €247,856 | -€1,010 | -0.4% |
| Financial income | 75/76B | €371 | €1,893 | +€1,522 | +410.3% |
| Recurring financial income | 75 | €371 | €1,893 | +€1,522 | +410.3% |
| Financial charges | 65/66B | €16,226 | €35,743 | +€19,517 | +120.3% |
| Recurring financial charges | 65 | €16,226 | €35,743 | +€19,517 | +120.3% |
| Profit (loss) for the period before taxes | 9903 | €233,011 | €214,006 | -€19,005 | -8.2% |
| Income taxes | 67/77 | €53,932 | €50,694 | -€3,238 | -6.0% |
| Profit (loss) for the period | 9904 | €179,079 | €163,312 | -€15,767 | -8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €179,079 | €163,312 | -€15,767 | -8.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.