KOZIJN & CO: 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.
KOZIJN & CO
Largest movements
- Tangible fixed assets +€78,729
up €78,729 (+21.3%), from €369,384 to €448,113
of which Land and buildings: +€74,461
- Cash +€35,474
up €35,474 (+71.5%), from €49,618 to €85,092
mainly Debts after one year (+€71,394) and Net result for the year (+€31,857)
- Receivables within one year -€17,273
down €17,273 (-35.9%), from €48,141 to €30,868
of which Other amounts receivable: -€17,793
- Debts after one year +€71,394
up €71,394 (+27.0%), from €263,960 to €335,354
- Reserves +€31,857
up €31,857 (+29.0%), from €109,899 to €141,756
- Accrued charges and deferred income +€19,918
up €19,918 (+65.3%), from €30,514 to €50,432
- Tax, wage and social debts -€11,981
down €11,981 (-74.4%), from €16,097 to €4,116
- Trade debts -€10,494
down €10,494 (-36.4%), from €28,856 to €18,362
- Gross operating margin -€20,242
down €20,242 (-20.1%), from €100,952 to €80,710
- Taxes -€8,268
down €8,268 (-58.6%), from €14,116 to €5,848
- Financial charges +€4,523
up €4,523 (+38.2%), from €11,829 to €16,352
- Financial income -€1,124
down €1,124 (-57.5%), from €1,955 to €831
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 | €476,159 | €573,587 | +€97,428 | +20.5% |
| Fixed assets | 21/28 | €369,384 | €448,113 | +€78,729 | +21.3% |
| Tangible fixed assets | 22/27 | €369,384 | €448,113 | +€78,729 | +21.3% |
| Land and buildings | 22 | €357,939 | €432,400 | +€74,461 | +20.8% |
| Plant, machinery and equipment | 23 | €1,512 | €10,895 | +€9,382 | +620% |
| Furniture and vehicles | 24 | €1,099 | €968 | -€130 | -11.9% |
| Leasing and similar rights | 25 | €8,834 | €3,851 | -€4,984 | -56.4% |
| Current assets | 29/58 | €106,775 | €125,474 | +€18,699 | +17.5% |
| Stocks and contracts in progress | 3 | €6,559 | €5,206 | -€1,353 | -20.6% |
| Stocks | 30/36 | €6,559 | €5,206 | -€1,353 | -20.6% |
| Amounts receivable within one year | 40/41 | €48,141 | €30,868 | -€17,273 | -35.9% |
| Trade receivables | 40 | €9,913 | €10,432 | +€519 | +5.2% |
| Other amounts receivable | 41 | €38,228 | €20,435 | -€17,793 | -46.5% |
| Cash at bank and in hand | 54/58 | €49,618 | €85,092 | +€35,474 | +71.5% |
| Deferred charges and accrued income | 490/1 | €2,457 | €4,308 | +€1,852 | +75.4% |
| Total equity and liabilities | 10/49 | €476,159 | €573,587 | +€97,428 | +20.5% |
| Equity | 10/15 | €112,899 | €144,756 | +€31,857 | +28.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €109,899 | €141,756 | +€31,857 | +29.0% |
| Distributable reserves | 133 | €109,899 | €141,756 | +€31,857 | +29.0% |
| Amounts payable | 17/49 | €363,259 | €428,831 | +€65,571 | +18.1% |
| Amounts payable after more than one year | 17 | €263,960 | €335,354 | +€71,394 | +27.0% |
| Financial debts | 170/4 | €263,960 | €335,354 | +€71,394 | +27.0% |
| Amounts payable within one year | 42/48 | €68,786 | €43,045 | -€25,741 | -37.4% |
| Current portion of amounts payable after more than one year | 42 | €23,833 | €20,567 | -€3,266 | -13.7% |
| Trade debts | 44 | €28,856 | €18,362 | -€10,494 | -36.4% |
| Suppliers | 440/4 | €28,856 | €18,362 | -€10,494 | -36.4% |
| Taxes, remuneration and social security | 45 | €16,097 | €4,116 | -€11,981 | -74.4% |
| Taxes | 450/3 | €16,097 | €4,116 | -€11,981 | -74.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €30,514 | €50,432 | +€19,918 | +65.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,292 | €25,219 | -€73 | -0.3% |
| Other operating charges | 640/8 | €2,870 | €2,266 | -€604 | -21.0% |
| Gross operating margin | 9900 | €100,952 | €80,710 | -€20,242 | -20.1% |
| Operating profit (loss) | 9901 | €72,791 | €53,226 | -€19,565 | -26.9% |
| Financial income | 75/76B | €1,955 | €831 | -€1,124 | -57.5% |
| Recurring financial income | 75 | €1,955 | €831 | -€1,124 | -57.5% |
| Financial charges | 65/66B | €11,829 | €16,352 | +€4,523 | +38.2% |
| Recurring financial charges | 65 | €11,829 | €16,352 | +€4,523 | +38.2% |
| Profit (loss) for the period before taxes | 9903 | €62,917 | €37,705 | -€25,212 | -40.1% |
| Income taxes | 67/77 | €14,116 | €5,848 | -€8,268 | -58.6% |
| Profit (loss) for the period | 9904 | €48,802 | €31,857 | -€16,945 | -34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,802 | €31,857 | -€16,945 | -34.7% |
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.