KoWala BC: 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.
KoWala BC
Largest movements
- Tangible fixed assets -€70,435
down €70,435 (-3.4%), from €2.1m to €2.0m
of which Other tangible fixed assets: -€68,435
- Receivables within one year -€27,630
down €27,630 (-12.5%), from €220,752 to €193,122
of which Other amounts receivable: -€13,952
- Other debts +€250,822
up €250,822 (+40.7%), from €616,078 to €866,900
- Debts after one year -€185,809
down €185,809 (-12.0%), from €1.5m to €1.4m
- Profit (loss) carried forward -€149,253
down €149,253 (-109%), from -€137,007 to -€286,260
- Trade debts -€41,854
down €41,854 (-74.3%), from €56,364 to €14,510
- Accrued charges and deferred income +€23,620
up €23,620 (+17,702%), from €133 to €23,753
- Gross operating margin -€44,588
down €44,588, from €41,548 to -€3,040
- Financial charges -€4,131
down €4,131 (-6.5%), from €63,312 to €59,181
- Other operating charges +€532
up €532 (+3.3%), from €16,066 to €16,598
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 | €2,284,437 | €2,185,806 | -€98,631 | -4.3% |
| Fixed assets | 21/28 | €2,061,411 | €1,990,977 | -€70,435 | -3.4% |
| Tangible fixed assets | 22/27 | €2,061,411 | €1,990,977 | -€70,435 | -3.4% |
| Plant, machinery and equipment | 23 | €5,000 | €3,000 | -€2,000 | -40.0% |
| Other tangible fixed assets | 26 | €2,056,411 | €1,987,977 | -€68,435 | -3.3% |
| Current assets | 29/58 | €223,025 | €194,829 | -€28,196 | -12.6% |
| Amounts receivable within one year | 40/41 | €220,752 | €193,122 | -€27,630 | -12.5% |
| Trade receivables | 40 | €201,755 | €188,076 | -€13,679 | -6.8% |
| Other amounts receivable | 41 | €18,997 | €5,046 | -€13,952 | -73.4% |
| Cash at bank and in hand | 54/58 | €413 | €118 | -€295 | -71.5% |
| Deferred charges and accrued income | 490/1 | €1,860 | €1,590 | -€271 | -14.6% |
| Total equity and liabilities | 10/49 | €2,284,437 | €2,185,806 | -€98,631 | -4.3% |
| Equity | 10/15 | -€117,007 | -€266,260 | -€149,253 | -128% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€137,007 | -€286,260 | -€149,253 | -109% |
| Amounts payable | 17/49 | €2,401,444 | €2,452,066 | +€50,622 | +2.1% |
| Amounts payable after more than one year | 17 | €1,546,902 | €1,361,093 | -€185,809 | -12.0% |
| Financial debts | 170/4 | €1,546,902 | €1,361,093 | -€185,809 | -12.0% |
| Amounts payable within one year | 42/48 | €854,408 | €1,067,219 | +€212,811 | +24.9% |
| Current portion of amounts payable after more than one year | 42 | €181,966 | €185,809 | +€3,842 | +2.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €56,364 | €14,510 | -€41,854 | -74.3% |
| Suppliers | 440/4 | €56,364 | €14,510 | -€41,854 | -74.3% |
| Other amounts payable | 47/48 | €616,078 | €866,900 | +€250,822 | +40.7% |
| Accrued charges and deferred income | 492/3 | €133 | €23,753 | +€23,620 | +17,702% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,435 | €70,435 | = | 0.0% |
| Other operating charges | 640/8 | €16,066 | €16,598 | +€532 | +3.3% |
| Gross operating margin | 9900 | €41,548 | -€3,040 | -€44,588 | |
| Operating profit (loss) | 9901 | -€44,952 | -€90,072 | -€45,120 | -100% |
| Financial charges | 65/66B | €63,312 | €59,181 | -€4,131 | -6.5% |
| Recurring financial charges | 65 | €63,312 | €59,181 | -€4,131 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€108,264 | -€149,253 | -€40,989 | -37.9% |
| Profit (loss) for the period | 9904 | -€108,264 | -€149,253 | -€40,989 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€108,264 | -€149,253 | -€40,989 | -37.9% |
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.