KOUTOUAN ANNICK: 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.
KOUTOUAN ANNICK
Largest movements
- Tangible fixed assets +€357,566
up €357,566 (+9,631%), from €3,713 to €361,279
of which Land and buildings: +€352,837
- Intangible fixed assets -€20,000
down €20,000 (-12.5%), from €160,000 to €140,000
- Deferred charges and accrued income +€6,806
up €6,806 (+367%), from €1,856 to €8,662
- Debts after one year +€317,987
up €317,987 (+728%), from €43,702 to €361,689
- Current portion of long-term debt +€18,140
up €18,140 (+131%), from €13,873 to €32,013
- Trade debts +€12,713
up €12,713 (+750%), from €1,696 to €14,409
- Profit (loss) carried forward -€7,834
down €7,834 (-9.6%), from €81,940 to €74,106
- Tax, wage and social debts +€6,761
up €6,761 (+115%), from €5,898 to €12,659
of which Taxes: +€4,047
- Depreciation +€45,415
up €45,415 (+218%), from €20,858 to €66,274
- Gross operating margin -€26,466
down €26,466 (-28.5%), from €92,940 to €66,474
- Taxes -€14,523
down €14,523 (-94.6%), from €15,357 to €834
- Other operating charges +€1,339
up €1,339 (+204%), from €657 to €1,995
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 | €165,569 | €510,801 | +€345,232 | +209% |
| Fixed assets | 21/28 | €163,713 | €501,279 | +€337,566 | +206% |
| Intangible fixed assets | 21 | €160,000 | €140,000 | -€20,000 | -12.5% |
| Tangible fixed assets | 22/27 | €3,713 | €361,279 | +€357,566 | +9,631% |
| Land and buildings | 22 | - | €352,837 | +€352,837 | |
| Furniture and vehicles | 24 | €3,713 | €8,442 | +€4,729 | +127% |
| Current assets | 29/58 | €1,856 | €9,523 | +€7,666 | +413% |
| Cash at bank and in hand | 54/58 | - | €861 | +€861 | |
| Deferred charges and accrued income | 490/1 | €1,856 | €8,662 | +€6,806 | +367% |
| Total equity and liabilities | 10/49 | €165,569 | €510,801 | +€345,232 | +209% |
| Equity | 10/15 | €86,940 | €79,106 | -€7,834 | -9.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,940 | €74,106 | -€7,834 | -9.6% |
| Amounts payable | 17/49 | €78,629 | €431,695 | +€353,066 | +449% |
| Amounts payable after more than one year | 17 | €43,702 | €361,689 | +€317,987 | +728% |
| Financial debts | 170/4 | €43,702 | €361,689 | +€317,987 | +728% |
| Amounts payable within one year | 42/48 | €34,927 | €70,007 | +€35,079 | +100% |
| Current portion of amounts payable after more than one year | 42 | €13,873 | €32,013 | +€18,140 | +131% |
| Financial debts | 43 | €4,003 | - | -€4,003 | |
| Credit institutions | 430/8 | €4,003 | - | -€4,003 | |
| Trade debts | 44 | €1,696 | €14,409 | +€12,713 | +750% |
| Suppliers | 440/4 | €1,696 | €14,409 | +€12,713 | +750% |
| Taxes, remuneration and social security | 45 | €5,898 | €12,659 | +€6,761 | +115% |
| Taxes | 450/3 | €5,898 | €9,945 | +€4,047 | +68.6% |
| Remuneration and social security | 454/9 | - | €2,714 | +€2,714 | |
| Other amounts payable | 47/48 | €9,457 | €10,926 | +€1,469 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,858 | €66,274 | +€45,415 | +218% |
| Other operating charges | 640/8 | €657 | €1,995 | +€1,339 | +204% |
| Gross operating margin | 9900 | €92,940 | €66,474 | -€26,466 | -28.5% |
| Operating profit (loss) | 9901 | €71,425 | -€1,795 | -€73,220 | |
| Financial income | 75/76B | - | €210 | +€210 | |
| Recurring financial income | 75 | - | €210 | +€210 | |
| Financial charges | 65/66B | €4,493 | €5,415 | +€922 | +20.5% |
| Recurring financial charges | 65 | €4,493 | €5,415 | +€922 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | €66,933 | -€7,000 | -€73,933 | |
| Income taxes | 67/77 | €15,357 | €834 | -€14,523 | -94.6% |
| Profit (loss) for the period | 9904 | €51,575 | -€7,834 | -€59,409 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,575 | -€7,834 | -€59,409 |
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 27 October 2026 via checked.be.