KOZA: what changed
Two fiscal 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.
KOZA
Largest movements
- Tangible fixed assets -€13,512
down €13,512 (-3.6%), from €377,410 to €363,898
of which Land and buildings: -€14,189
- Debts after one year -€16,165
down €16,165 (-5.7%), from €281,417 to €265,252
- Profit (loss) carried forward +€8,151
up €8,151 (+78.3%), from -€10,407 to -€2,256
- Trade debts -€4,913
down €4,913 (-92.7%), from €5,299 to €386
- Gross operating margin +€8,263
up €8,263 (+30.9%), from €26,704 to €34,967
- Taxes +€1,179
up €1,179 (+47.0%), from €2,509 to €3,687
- Other operating charges +€1,124
up €1,124 (+56.2%), from €2,001 to €3,125
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 | €384,978 | €374,251 | -€10,727 | -2.8% |
| Fixed assets | 21/28 | €377,410 | €363,898 | -€13,512 | -3.6% |
| Tangible fixed assets | 22/27 | €377,410 | €363,898 | -€13,512 | -3.6% |
| Land and buildings | 22 | €375,656 | €361,467 | -€14,189 | -3.8% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €1,754 | €2,430 | +€677 | +38.6% |
| Current assets | 29/58 | €7,568 | €10,353 | +€2,786 | +36.8% |
| Amounts receivable within one year | 40/41 | €6,089 | €5,010 | -€1,079 | -17.7% |
| Trade receivables | 40 | €6,089 | €4,986 | -€1,104 | -18.1% |
| Other amounts receivable | 41 | - | €24 | +€24 | |
| Cash at bank and in hand | 54/58 | €1,478 | €5,075 | +€3,597 | +243.3% |
| Deferred charges and accrued income | 490/1 | - | €268 | +€268 | |
| Total equity and liabilities | 10/49 | €384,978 | €374,251 | -€10,727 | -2.8% |
| Equity | 10/15 | €4,593 | €12,744 | +€8,151 | +177.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,407 | -€2,256 | +€8,151 | +78.3% |
| Amounts payable | 17/49 | €380,385 | €361,507 | -€18,878 | -5.0% |
| Amounts payable after more than one year | 17 | €281,417 | €265,252 | -€16,165 | -5.7% |
| Financial debts | 170/4 | €281,417 | €265,252 | -€16,165 | -5.7% |
| Amounts payable within one year | 42/48 | €98,968 | €96,255 | -€2,713 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €15,926 | €16,165 | +€239 | +1.5% |
| Trade debts | 44 | €5,299 | €386 | -€4,913 | -92.7% |
| Suppliers | 440/4 | €5,299 | €386 | -€4,913 | -92.7% |
| Taxes, remuneration and social security | 45 | €3,208 | €1,764 | -€1,445 | -45.0% |
| Taxes | 450/3 | €3,208 | €1,764 | -€1,445 | -45.0% |
| Other amounts payable | 47/48 | €74,535 | €77,941 | +€3,406 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,809 | €15,613 | -€196 | -1.2% |
| Other operating charges | 640/8 | €2,001 | €3,125 | +€1,124 | +56.2% |
| Gross operating margin | 9900 | €26,704 | €34,967 | +€8,263 | +30.9% |
| Operating profit (loss) | 9901 | €8,895 | €16,229 | +€7,334 | +82.5% |
| Financial income | 75/76B | €1 | €118 | +€117 | +10764.2% |
| Recurring financial income | 75 | €1 | €118 | +€117 | +10764.2% |
| Financial charges | 65/66B | €4,795 | €4,509 | -€286 | -6.0% |
| Recurring financial charges | 65 | €4,795 | €4,509 | -€286 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €4,101 | €11,838 | +€7,738 | +188.7% |
| Income taxes | 67/77 | €2,509 | €3,687 | +€1,179 | +47.0% |
| Profit (loss) for the period | 9904 | €1,592 | €8,151 | +€6,559 | +412.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,592 | €8,151 | +€6,559 | +412.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.