KOZELO: 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.
KOZELO
Largest movements
- Cash +€4,444
up €4,444 (+299%), from €1,484 to €5,928
mainly Net result for the year (+€4,354) and Tax, wage and social debts (+€803)
- Receivables within one year +€166
up €166 (+13.0%), from €1,285 to €1,452
of which Trade receivables: +€599
- Profit (loss) carried forward +€4,354
up €4,354, from -€1,142 to €3,212
- Other debts -€1,051
no longer reported in 2025 (was €1,051)
- Tax, wage and social debts +€803
new in 2025: €803
- Trade debts +€504
up €504 (+140%), from €361 to €865
- Gross operating margin +€6,088
up €6,088, from -€296 to €5,792
- Taxes +€803
new in 2025: €803
- Other operating charges -€221
down €221 (-27.1%), from €815 to €594
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 | €2,769 | €7,380 | +€4,611 | +166% |
| Current assets | 29/58 | €2,769 | €7,380 | +€4,611 | +166% |
| Amounts receivable within one year | 40/41 | €1,285 | €1,452 | +€166 | +13.0% |
| Trade receivables | 40 | €473 | €1,072 | +€599 | +127% |
| Other amounts receivable | 41 | €812 | €379 | -€433 | -53.3% |
| Cash at bank and in hand | 54/58 | €1,484 | €5,928 | +€4,444 | +299% |
| Total equity and liabilities | 10/49 | €2,769 | €7,380 | +€4,611 | +166% |
| Equity | 10/15 | €1,358 | €5,712 | +€4,354 | +321% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Share premium | 1100/10 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,142 | €3,212 | +€4,354 | |
| Amounts payable | 17/49 | €1,412 | €1,668 | +€256 | +18.1% |
| Amounts payable within one year | 42/48 | €1,412 | €1,668 | +€256 | +18.1% |
| Trade debts | 44 | €361 | €865 | +€504 | +140% |
| Suppliers | 440/4 | €361 | €865 | +€504 | +140% |
| Taxes, remuneration and social security | 45 | - | €803 | +€803 | |
| Taxes | 450/3 | - | €803 | +€803 | |
| Other amounts payable | 47/48 | €1,051 | - | -€1,051 | |
| Other operating charges | 640/8 | €815 | €594 | -€221 | -27.1% |
| Gross operating margin | 9900 | -€296 | €5,792 | +€6,088 | |
| Operating profit (loss) | 9901 | -€1,111 | €5,198 | +€6,309 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €32 | €40 | +€9 | +28.1% |
| Recurring financial charges | 65 | €32 | €40 | +€9 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,142 | €5,158 | +€6,300 | |
| Income taxes | 67/77 | - | €803 | +€803 | |
| Profit (loss) for the period | 9904 | -€1,142 | €4,354 | +€5,497 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,142 | €4,354 | +€5,497 |
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 15 October 2026 via checked.be.