LA KOKALE: 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.
What changed
LA KOKALE
NACE 56.111, Full-service restaurants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€3,296
2024 · €3,347-€6,642
Equity
€19,997
2024 · €23,293-€3,296
Cash
€95,324
2024 · €93,173+€2,151
Balance sheet total
€801,235
2024 · €141,554+€659,680
Largest movements
Assets
- Stocks and contracts +€681,607
up €681,607 (+19,648%), from €3,469 to €685,076
- Current investments -€30,000
down €30,000 (-100%), from €30,000 to €0
Equity and liabilities
- Short-term financial debts +€500,000
new in 2025: €500,000
- Other debts +€155,954
up €155,954 (+244%), from €63,854 to €219,808
- Trade debts +€9,978
up €9,978 (+50.7%), from €19,697 to €29,674
Income statement
- Gross operating margin -€10,003
down €10,003 (-5.9%), from €169,978 to €159,975
- Staff costs -€3,577
down €3,577 (-2.3%), from €153,904 to €150,327
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.
Result 2024
€3,347
Gross operating margin
-€10,003
Staff costs
+€3,577
Depreciation
+€1,284
Other operating charges
-€103
Financial income
+€40
Financial charges
-€218
Taxes
-€1,219
Result 2025
-€3,296
raises the resultlowers the result
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.
From operations
-€519,842
Investment
+€27,961
Financing
+€494,032
Cash 2024
€93,173
From operations (derived)
-€519,842
Net result for the year
-€3,296
Depreciation
+€2,325
Stocks and contracts
-€681,607
Receivables within one year
-€5,854
Deferred charges and accrued income
-€354
Trade debts
+€9,978
Tax, wage and social debts
+€3,012
Other debts
+€155,954
Investment (derived)
+€27,961
Investment in fixed assets (net)
-€2,039
Current investments
+€30,000
Financing
+€494,032
Debts after one year
-€1,862
Current portion of long-term debt
-€4,105
Short-term financial debts
+€500,000
Cash 2025
€95,324
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €141,554 | €801,235 | +€659,680 | +466% |
| Fixed assets | 21/28 | €8,730 | €8,443 | -€286 | -3.3% |
| Tangible fixed assets | 22/27 | €3,903 | €3,617 | -€286 | -7.3% |
| Plant, machinery and equipment | 23 | €340 | €1,689 | +€1,348 | +396% |
| Furniture and vehicles | 24 | €1,063 | €163 | -€900 | -84.7% |
| Other tangible fixed assets | 26 | €2,500 | €1,765 | -€735 | -29.4% |
| Financial fixed assets | 28 | €4,826 | €4,826 | = | 0.0% |
| Current assets | 29/58 | €132,825 | €792,792 | +€659,967 | +497% |
| Stocks and contracts in progress | 3 | €3,469 | €685,076 | +€681,607 | +19,648% |
| Stocks | 30/36 | €3,469 | €685,076 | +€681,607 | +19,648% |
| Amounts receivable within one year | 40/41 | €5,335 | €11,190 | +€5,854 | +110% |
| Trade receivables | 40 | €0 | €10,084 | +€10,084 | |
| Other amounts receivable | 41 | €5,335 | €1,106 | -€4,230 | -79.3% |
| Current investments | 50/53 | €30,000 | €0 | -€30,000 | -100% |
| Cash at bank and in hand | 54/58 | €93,173 | €95,324 | +€2,151 | +2.3% |
| Deferred charges and accrued income | 490/1 | €847 | €1,202 | +€354 | +41.8% |
| Total equity and liabilities | 10/49 | €141,554 | €801,235 | +€659,680 | +466% |
| Equity | 10/15 | €23,293 | €19,997 | -€3,296 | -14.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €4,720 | €4,720 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,100 | €4,100 | = | 0.0% |
| Distributable reserves | 133 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19 | -€3,314 | -€3,296 | -17,521% |
| Amounts payable | 17/49 | €118,261 | €781,238 | +€662,976 | +561% |
| Amounts payable after more than one year | 17 | €1,862 | €0 | -€1,862 | -100% |
| Financial debts | 170/4 | €1,862 | €0 | -€1,862 | -100% |
| Amounts payable within one year | 42/48 | €116,399 | €781,238 | +€664,838 | +571% |
| Current portion of amounts payable after more than one year | 42 | €9,004 | €4,899 | -€4,105 | -45.6% |
| Financial debts | 43 | - | €500,000 | +€500,000 | |
| Credit institutions | 430/8 | - | €500,000 | +€500,000 | |
| Trade debts | 44 | €19,697 | €29,674 | +€9,978 | +50.7% |
| Suppliers | 440/4 | €19,697 | €29,674 | +€9,978 | +50.7% |
| Taxes, remuneration and social security | 45 | €23,844 | €26,857 | +€3,012 | +12.6% |
| Taxes | 450/3 | €4,252 | €10,535 | +€6,282 | +148% |
| Remuneration and social security | 454/9 | €19,592 | €16,322 | -€3,270 | -16.7% |
| Other amounts payable | 47/48 | €63,854 | €219,808 | +€155,954 | +244% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €153,904 | €150,327 | -€3,577 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,609 | €2,325 | -€1,284 | -35.6% |
| Other operating charges | 640/8 | €2,337 | €2,440 | +€103 | +4.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €169,978 | €159,975 | -€10,003 | -5.9% |
| Operating profit (loss) | 9901 | €10,128 | €4,883 | -€5,245 | -51.8% |
| Financial income | 75/76B | €900 | €940 | +€40 | +4.5% |
| Recurring financial income | 75 | €900 | €940 | +€40 | +4.5% |
| Financial charges | 65/66B | €5,444 | €5,662 | +€218 | +4.0% |
| Recurring financial charges | 65 | €5,444 | €5,662 | +€218 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €5,584 | €161 | -€5,423 | -97.1% |
| Income taxes | 67/77 | €2,237 | €3,456 | +€1,219 | +54.5% |
| Profit (loss) for the period | 9904 | €3,347 | -€3,296 | -€6,642 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,347 | -€3,296 | -€6,642 |
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 20 October 2026 via checked.be.