KWAL KOSA: 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.
KWAL KOSA
Largest movements
- Cash +€28,280
up €28,280 (+33.9%), from €83,359 to €111,639
mainly Net result for the year (+€120,052) and Other debts (+€47,866)
- Deferred charges and accrued income +€6,113
up €6,113 (+265%), from €2,308 to €8,421
- Tangible fixed assets -€5,122
down €5,122 (-8.0%), from €64,025 to €58,903
of which Furniture and vehicles: -€10,531
- Other debts +€47,866
up €47,866 (+33.8%), from €141,745 to €189,611
- Tax, wage and social debts -€14,540
down €14,540 (-76.6%), from €18,979 to €4,438
- Trade debts +€4,801
up €4,801 (+349%), from €1,376 to €6,176
- Reserves -€4,462
down €4,462 (-71.0%), from €6,286 to €1,824
- Accrued charges and deferred income -€2,720
down €2,720 (-97.3%), from €2,794 to €74
- Gross operating margin +€29,167
up €29,167 (+19.4%), from €150,279 to €179,446
- Taxes +€7,896
up €7,896 (+23.9%), from €33,000 to €40,896
- Financial charges -€3,517
down €3,517 (-98.5%), from €3,571 to €54
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 | €172,180 | €203,124 | +€30,945 | +18.0% |
| Fixed assets | 21/28 | €64,025 | €58,903 | -€5,122 | -8.0% |
| Tangible fixed assets | 22/27 | €64,025 | €58,903 | -€5,122 | -8.0% |
| Plant, machinery and equipment | 23 | €22,673 | €28,082 | +€5,409 | +23.9% |
| Furniture and vehicles | 24 | €41,352 | €30,821 | -€10,531 | -25.5% |
| Current assets | 29/58 | €108,154 | €144,221 | +€36,067 | +33.3% |
| Stocks and contracts in progress | 3 | €1,595 | €1,595 | = | 0.0% |
| Stocks | 30/36 | €1,595 | €1,595 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,892 | €22,566 | +€1,674 | +8.0% |
| Trade receivables | 40 | €19,892 | €22,566 | +€2,674 | +13.4% |
| Other amounts receivable | 41 | €1,000 | €0 | -€1,000 | -100% |
| Cash at bank and in hand | 54/58 | €83,359 | €111,639 | +€28,280 | +33.9% |
| Deferred charges and accrued income | 490/1 | €2,308 | €8,421 | +€6,113 | +265% |
| Total equity and liabilities | 10/49 | €172,180 | €203,124 | +€30,945 | +18.0% |
| Equity | 10/15 | €7,286 | €2,824 | -€4,462 | -61.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €6,286 | €1,824 | -€4,462 | -71.0% |
| Distributable reserves | 133 | €6,286 | €1,824 | -€4,462 | -71.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €164,893 | €200,300 | +€35,407 | +21.5% |
| Amounts payable within one year | 42/48 | €162,099 | €200,226 | +€38,127 | +23.5% |
| Trade debts | 44 | €1,376 | €6,176 | +€4,801 | +349% |
| Suppliers | 440/4 | €1,376 | €6,176 | +€4,801 | +349% |
| Taxes, remuneration and social security | 45 | €18,979 | €4,438 | -€14,540 | -76.6% |
| Taxes | 450/3 | €18,979 | €4,438 | -€14,540 | -76.6% |
| Other amounts payable | 47/48 | €141,745 | €189,611 | +€47,866 | +33.8% |
| Accrued charges and deferred income | 492/3 | €2,794 | €74 | -€2,720 | -97.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,457 | €17,751 | +€294 | +1.7% |
| Other operating charges | 640/8 | €165 | €694 | +€529 | +320% |
| Gross operating margin | 9900 | €150,279 | €179,446 | +€29,167 | +19.4% |
| Operating profit (loss) | 9901 | €132,657 | €161,001 | +€28,345 | +21.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €3,571 | €54 | -€3,517 | -98.5% |
| Recurring financial charges | 65 | €3,571 | €54 | -€3,517 | -98.5% |
| Profit (loss) for the period before taxes | 9903 | €129,086 | €160,947 | +€31,861 | +24.7% |
| Income taxes | 67/77 | €33,000 | €40,896 | +€7,896 | +23.9% |
| Profit (loss) for the period | 9904 | €96,086 | €120,052 | +€23,965 | +24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €96,086 | €120,052 | +€23,965 | +24.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.