Koyo HR: 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.
Koyo HR
Largest movements
- Cash +€85,973
up €85,973 (+106%), from €80,972 to €166,945
mainly Net result for the year (+€55,495) and Current investments (+€50,000)
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Tangible fixed assets -€7,340
down €7,340 (-28.2%), from €26,073 to €18,733
- Receivables within one year -€3,940
down €3,940 (-20.9%), from €18,860 to €14,919
of which Other amounts receivable: -€3,111
- Profit (loss) carried forward +€55,495
up €55,495 (+52.1%), from €106,433 to €161,928
- Tax, wage and social debts -€17,034
down €17,034 (-39.9%), from €42,672 to €25,639
of which Taxes: -€15,192
- Debts after one year -€8,412
down €8,412 (-66.0%), from €12,741 to €4,329
- Trade debts -€5,160
down €5,160 (-98.6%), from €5,231 to €71
- Gross operating margin -€70,987
down €70,987 (-47.4%), from €149,788 to €78,800
- Taxes -€14,585
down €14,585 (-47.9%), from €30,479 to €15,894
- Depreciation -€2,886
down €2,886 (-27.0%), from €10,682 to €7,796
- Financial income +€1,550
up €1,550 (+309,900%), from €1 to €1,550
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 | €176,710 | €201,452 | +€24,742 | +14.0% |
| Fixed assets | 21/28 | €26,073 | €18,733 | -€7,340 | -28.2% |
| Tangible fixed assets | 22/27 | €26,073 | €18,733 | -€7,340 | -28.2% |
| Furniture and vehicles | 24 | €26,073 | €18,733 | -€7,340 | -28.2% |
| Current assets | 29/58 | €150,637 | €182,718 | +€32,081 | +21.3% |
| Amounts receivable within one year | 40/41 | €18,860 | €14,919 | -€3,940 | -20.9% |
| Trade receivables | 40 | €15,748 | €14,919 | -€829 | -5.3% |
| Other amounts receivable | 41 | €3,111 | €0 | -€3,111 | -100% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €80,972 | €166,945 | +€85,973 | +106% |
| Deferred charges and accrued income | 490/1 | €806 | €854 | +€48 | +6.0% |
| Total equity and liabilities | 10/49 | €176,710 | €201,452 | +€24,742 | +14.0% |
| Equity | 10/15 | €107,433 | €162,928 | +€55,495 | +51.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,433 | €161,928 | +€55,495 | +52.1% |
| Amounts payable | 17/49 | €69,277 | €38,523 | -€30,754 | -44.4% |
| Amounts payable after more than one year | 17 | €12,741 | €4,329 | -€8,412 | -66.0% |
| Financial debts | 170/4 | €12,741 | €4,329 | -€8,412 | -66.0% |
| Amounts payable within one year | 42/48 | €56,536 | €34,194 | -€22,342 | -39.5% |
| Current portion of amounts payable after more than one year | 42 | €8,095 | €8,412 | +€317 | +3.9% |
| Trade debts | 44 | €5,231 | €71 | -€5,160 | -98.6% |
| Suppliers | 440/4 | €5,231 | €71 | -€5,160 | -98.6% |
| Taxes, remuneration and social security | 45 | €42,672 | €25,639 | -€17,034 | -39.9% |
| Taxes | 450/3 | €40,831 | €25,639 | -€15,192 | -37.2% |
| Remuneration and social security | 454/9 | €1,842 | €0 | -€1,842 | -100% |
| Other amounts payable | 47/48 | €538 | €73 | -€465 | -86.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,682 | €7,796 | -€2,886 | -27.0% |
| Other operating charges | 640/8 | €388 | €388 | +€0 | +0.1% |
| Gross operating margin | 9900 | €149,788 | €78,800 | -€70,987 | -47.4% |
| Operating profit (loss) | 9901 | €138,718 | €70,616 | -€68,102 | -49.1% |
| Financial income | 75/76B | €1 | €1,550 | +€1,550 | +309,900% |
| Recurring financial income | 75 | €1 | €1,550 | +€1,550 | +309,900% |
| Financial charges | 65/66B | €1,807 | €777 | -€1,030 | -57.0% |
| Recurring financial charges | 65 | €1,807 | €777 | -€1,030 | -57.0% |
| Profit (loss) for the period before taxes | 9903 | €136,911 | €71,389 | -€65,522 | -47.9% |
| Income taxes | 67/77 | €30,479 | €15,894 | -€14,585 | -47.9% |
| Profit (loss) for the period | 9904 | €106,433 | €55,495 | -€50,937 | -47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €106,433 | €55,495 | -€50,937 | -47.9% |
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 14 October 2026 via checked.be.