Kozlen Consulting: 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.
Kozlen Consulting
Largest movements
- Cash -€1.4m
down €1.4m (-62.3%), from €2.2m to €838,330
mainly Current investments (-€1.2m) and Contributions, distributions and other (-€233,602)
- Current investments +€1.2m
up €1.2m (+1,713%), from €69,806 to €1.3m
- Receivables within one year -€29,962
down €29,962 (-49.0%), from €61,147 to €31,185
of which Trade receivables: -€35,562
- Other debts -€211,026
down €211,026 (-99.4%), from €212,388 to €1,362
- Profit (loss) carried forward -€100,000
down €100,000 (-58.6%), from €170,713 to €70,713
- Reserves +€87,087
up €87,087 (+4.5%), from €1.9m to €2.0m
- Gross operating margin -€203,806
down €203,806 (-39.7%), from €513,994 to €310,189
- Taxes -€62,322
down €62,322 (-38.5%), from €161,832 to €99,510
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 | €2,372,960 | €2,146,450 | -€226,510 | -9.5% |
| Fixed assets | 21/28 | €15,253 | €9,390 | -€5,863 | -38.4% |
| Tangible fixed assets | 22/27 | €15,253 | €9,390 | -€5,863 | -38.4% |
| Plant, machinery and equipment | 23 | €883 | €85 | -€797 | -90.3% |
| Furniture and vehicles | 24 | €4,551 | €2,041 | -€2,509 | -55.1% |
| Other tangible fixed assets | 26 | €9,820 | €7,264 | -€2,556 | -26.0% |
| Current assets | 29/58 | €2,357,707 | €2,137,060 | -€220,647 | -9.4% |
| Amounts receivable within one year | 40/41 | €61,147 | €31,185 | -€29,962 | -49.0% |
| Trade receivables | 40 | €60,554 | €24,992 | -€35,562 | -58.7% |
| Other amounts receivable | 41 | €593 | €6,193 | +€5,600 | +944% |
| Current investments | 50/53 | €69,806 | €1,265,806 | +€1.2m | +1,713% |
| Cash at bank and in hand | 54/58 | €2,221,623 | €838,330 | -€1.4m | -62.3% |
| Deferred charges and accrued income | 490/1 | €5,132 | €1,740 | -€3,392 | -66.1% |
| Total equity and liabilities | 10/49 | €2,372,960 | €2,146,450 | -€226,510 | -9.5% |
| Equity | 10/15 | €2,117,591 | €2,104,678 | -€12,913 | -0.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,940,677 | €2,027,765 | +€87,087 | +4.5% |
| Distributable reserves | 133 | €1,940,677 | €2,027,765 | +€87,087 | +4.5% |
| Profit (loss) carried forward | 14 | €170,713 | €70,713 | -€100,000 | -58.6% |
| Amounts payable | 17/49 | €255,370 | €41,772 | -€213,597 | -83.6% |
| Amounts payable within one year | 42/48 | €255,370 | €41,772 | -€213,597 | -83.6% |
| Trade debts | 44 | €5,074 | €2,089 | -€2,985 | -58.8% |
| Suppliers | 440/4 | €5,074 | €2,089 | -€2,985 | -58.8% |
| Taxes, remuneration and social security | 45 | €37,907 | €38,321 | +€414 | +1.1% |
| Taxes | 450/3 | €37,907 | €37,907 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €414 | +€414 | |
| Other amounts payable | 47/48 | €212,388 | €1,362 | -€211,026 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,995 | €5,863 | -€132 | -2.2% |
| Other operating charges | 640/8 | €2,973 | €1,376 | -€1,597 | -53.7% |
| Gross operating margin | 9900 | €513,994 | €310,189 | -€203,806 | -39.7% |
| Operating profit (loss) | 9901 | €505,027 | €302,950 | -€202,076 | -40.0% |
| Financial income | 75/76B | €13,130 | €17,645 | +€4,515 | +34.4% |
| Recurring financial income | 75 | €13,130 | €17,645 | +€4,515 | +34.4% |
| Financial charges | 65/66B | €307 | €397 | +€89 | +29.0% |
| Recurring financial charges | 65 | €307 | €397 | +€89 | +29.0% |
| Profit (loss) for the period before taxes | 9903 | €517,849 | €320,199 | -€197,650 | -38.2% |
| Income taxes | 67/77 | €161,832 | €99,510 | -€62,322 | -38.5% |
| Profit (loss) for the period | 9904 | €356,017 | €220,690 | -€135,328 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €356,017 | €220,690 | -€135,328 | -38.0% |
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 21 October 2026 via checked.be.