NEW KOZA: what changed
Two fiscal 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.
NEW KOZA
Largest movements
- Stocks and contracts -€1,506
down €1,506 (-5.2%), from €28,925 to €27,419
- Tangible fixed assets -€810
no longer reported in 2025 (was €810)
- Cash +€748
up €748 (+21.2%), from €3,529 to €4,277
mainly Net result for the year (+€2,723) and Trade debts (+€1,534)
- Receivables within one year +€548
up €548 (+559.2%), from €98 to €646
- Tax, wage and social debts -€4,088
down €4,088 (-22.4%), from €18,275 to €14,187
of which Remuneration and social security: -€4,282
- Profit (loss) carried forward +€2,723
up €2,723 (+1.9%), from -€141,762 to -€139,039
- Trade debts +€1,534
up €1,534 (+220.7%), from €695 to €2,229
- Other debts -€1,189
down €1,189 (-0.8%), from €143,062 to €141,873
- Turnover +€86,164
up €86,164 (+14.0%), from €614,779 to €700,943
- Purchases and services +€82,293
up €82,293 (+14.7%), from €559,913 to €642,206
- Staff costs +€9,488
up €9,488 (+22.5%), from €42,089 to €51,577
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.
Cash bridge derived
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 | €38,862 | €37,842 | -€1,020 | -2.6% |
| Fixed assets | 21/28 | €6,310 | €5,500 | -€810 | -12.8% |
| Tangible fixed assets | 22/27 | €810 | - | -€810 | |
| Plant, machinery and equipment | 23 | €810 | - | -€810 | |
| Financial fixed assets | 28 | €5,500 | €5,500 | = | 0.0% |
| Current assets | 29/58 | €32,552 | €32,342 | -€210 | -0.6% |
| Stocks and contracts in progress | 3 | €28,925 | €27,419 | -€1,506 | -5.2% |
| Stocks | 30/36 | €28,925 | €27,419 | -€1,506 | -5.2% |
| Amounts receivable within one year | 40/41 | €98 | €646 | +€548 | +559.2% |
| Other amounts receivable | 41 | €98 | €646 | +€548 | +559.2% |
| Cash at bank and in hand | 54/58 | €3,529 | €4,277 | +€748 | +21.2% |
| Total equity and liabilities | 10/49 | €38,862 | €37,842 | -€1,020 | -2.6% |
| Equity | 10/15 | -€123,170 | -€120,447 | +€2,723 | +2.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€141,762 | -€139,039 | +€2,723 | +1.9% |
| Amounts payable | 17/49 | €162,032 | €158,289 | -€3,743 | -2.3% |
| Amounts payable within one year | 42/48 | €162,032 | €158,289 | -€3,743 | -2.3% |
| Trade debts | 44 | €695 | €2,229 | +€1,534 | +220.7% |
| Suppliers | 440/4 | €695 | €2,229 | +€1,534 | +220.7% |
| Taxes, remuneration and social security | 45 | €18,275 | €14,187 | -€4,088 | -22.4% |
| Taxes | 450/3 | €524 | €718 | +€194 | +37.0% |
| Remuneration and social security | 454/9 | €17,751 | €13,469 | -€4,282 | -24.1% |
| Other amounts payable | 47/48 | €143,062 | €141,873 | -€1,189 | -0.8% |
| Turnover | 70 | €614,779 | €700,943 | +€86,164 | +14.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €559,913 | €642,206 | +€82,293 | +14.7% |
| Remuneration, social security and pensions | 62 | €42,089 | €51,577 | +€9,488 | +22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,119 | €810 | -€1,309 | -61.8% |
| Other operating charges | 640/8 | €4,423 | €631 | -€3,792 | -85.7% |
| Gross operating margin | 9900 | €59,666 | €63,537 | +€3,871 | +6.5% |
| Operating profit (loss) | 9901 | €11,035 | €10,519 | -€516 | -4.7% |
| Financial charges | 65/66B | €7,619 | €6,525 | -€1,094 | -14.4% |
| Recurring financial charges | 65 | €7,619 | €6,525 | -€1,094 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €3,416 | €3,994 | +€578 | +16.9% |
| Income taxes | 67/77 | €1,613 | €1,271 | -€342 | -21.2% |
| Profit (loss) for the period | 9904 | €1,803 | €2,723 | +€920 | +51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,803 | €2,723 | +€920 | +51.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.