KOURION.BE: 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.
KOURION.BE
Largest movements
- Tangible fixed assets +€29,929
up €29,929 (+4,935%), from €606 to €30,535
of which Plant, machinery and equipment: +€30,400
- Cash -€16,222
down €16,222 (-14.0%), from €115,771 to €99,548
mainly Contributions, distributions and other (-€46,263) and Investment in fixed assets (net) (-€38,000)
- Deferred charges and accrued income +€11,893
up €11,893 (+811%), from €1,466 to €13,359
- Receivables within one year -€6,195
down €6,195 (-3.3%), from €188,709 to €182,513
of which Trade receivables: -€9,913
- Tax, wage and social debts +€15,755
up €15,755 (+1,741%), from €905 to €16,660
- Depreciation +€7,471
up €7,471 (+1,246%), from €600 to €8,071
- Gross operating margin -€5,124
down €5,124 (-5.7%), from €89,908 to €84,785
- Taxes -€1,864
down €1,864 (-5.7%), from €32,794 to €30,930
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 | €306,552 | €325,956 | +€19,404 | +6.3% |
| Fixed assets | 21/28 | €606 | €30,535 | +€29,929 | +4,935% |
| Tangible fixed assets | 22/27 | €606 | €30,535 | +€29,929 | +4,935% |
| Plant, machinery and equipment | 23 | - | €30,400 | +€30,400 | |
| Furniture and vehicles | 24 | €606 | €135 | -€471 | -77.7% |
| Current assets | 29/58 | €305,945 | €295,421 | -€10,525 | -3.4% |
| Amounts receivable within one year | 40/41 | €188,709 | €182,513 | -€6,195 | -3.3% |
| Trade receivables | 40 | €95,431 | €85,518 | -€9,913 | -10.4% |
| Other amounts receivable | 41 | €93,278 | €96,996 | +€3,718 | +4.0% |
| Cash at bank and in hand | 54/58 | €115,771 | €99,548 | -€16,222 | -14.0% |
| Deferred charges and accrued income | 490/1 | €1,466 | €13,359 | +€11,893 | +811% |
| Total equity and liabilities | 10/49 | €306,552 | €325,956 | +€19,404 | +6.3% |
| Equity | 10/15 | €290,456 | €291,004 | +€547 | +0.2% |
| Contributions | 10/11 | €18,614 | €18,614 | = | 0.0% |
| Reserves | 13 | €271,843 | €272,390 | +€547 | +0.2% |
| Distributable reserves | 133 | €271,843 | €272,390 | +€547 | +0.2% |
| Amounts payable | 17/49 | €16,096 | €34,952 | +€18,857 | +117% |
| Amounts payable within one year | 42/48 | €16,096 | €34,952 | +€18,857 | +117% |
| Trade debts | 44 | €15,191 | €18,292 | +€3,102 | +20.4% |
| Suppliers | 440/4 | €15,191 | €18,292 | +€3,102 | +20.4% |
| Taxes, remuneration and social security | 45 | €905 | €16,660 | +€15,755 | +1,741% |
| Taxes | 450/3 | €905 | €16,660 | +€15,755 | +1,741% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €600 | €8,071 | +€7,471 | +1,246% |
| Other operating charges | 640/8 | €1,108 | €942 | -€166 | -15.0% |
| Gross operating margin | 9900 | €89,908 | €84,785 | -€5,124 | -5.7% |
| Operating profit (loss) | 9901 | €88,201 | €75,772 | -€12,429 | -14.1% |
| Financial income | 75/76B | €3,721 | €3,872 | +€151 | +4.1% |
| Recurring financial income | 75 | €3,721 | €3,872 | +€151 | +4.1% |
| Financial charges | 65/66B | €1,928 | €1,904 | -€24 | -1.3% |
| Recurring financial charges | 65 | €1,928 | €1,904 | -€24 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €89,994 | €77,740 | -€12,254 | -13.6% |
| Income taxes | 67/77 | €32,794 | €30,930 | -€1,864 | -5.7% |
| Profit (loss) for the period | 9904 | €57,200 | €46,810 | -€10,390 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,200 | €46,810 | -€10,390 | -18.2% |
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 26 October 2026 via checked.be.