S - KOCH: 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.
S - KOCH
Largest movements
- Tangible fixed assets -€11,248
down €11,248 (-33.3%), from €33,745 to €22,497
- Receivables within one year -€10,073
down €10,073 (-53.6%), from €18,800 to €8,726
of which Trade receivables: -€10,076
- Cash +€2,725
up €2,725 (+63.0%), from €4,326 to €7,051
mainly Depreciation (+€11,248) and Receivables within one year (+€10,073)
- Debts after one year -€15,643
down €15,643 (-39.9%), from €39,242 to €23,599
- Profit (loss) carried forward -€9,343
down €9,343 (-22.6%), from -€41,291 to -€50,634
- Tax, wage and social debts +€6,037
up €6,037 (+30.9%), from €19,566 to €25,603
of which Remuneration and social security: +€6,640
- Current portion of long-term debt +€791
up €791 (+5.3%), from €14,852 to €15,643
- Gross operating margin -€16,315
down €16,315 (-72.3%), from €22,555 to €6,241
- Financial charges -€755
down €755 (-21.8%), from €3,462 to €2,707
- Other operating charges +€263
up €263 (+19.0%), from €1,383 to €1,646
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 | €58,258 | €39,661 | -€18,597 | -31.9% |
| Fixed assets | 21/28 | €33,745 | €22,497 | -€11,248 | -33.3% |
| Tangible fixed assets | 22/27 | €33,745 | €22,497 | -€11,248 | -33.3% |
| Land and buildings | 22 | €33,745 | €22,497 | -€11,248 | -33.3% |
| Current assets | 29/58 | €24,512 | €17,164 | -€7,349 | -30.0% |
| Amounts receivable within one year | 40/41 | €18,800 | €8,726 | -€10,073 | -53.6% |
| Trade receivables | 40 | €18,793 | €8,718 | -€10,076 | -53.6% |
| Other amounts receivable | 41 | €6 | €8 | +€2 | +37.8% |
| Cash at bank and in hand | 54/58 | €4,326 | €7,051 | +€2,725 | +63.0% |
| Deferred charges and accrued income | 490/1 | €1,387 | €1,387 | = | 0.0% |
| Total equity and liabilities | 10/49 | €58,258 | €39,661 | -€18,597 | -31.9% |
| Equity | 10/15 | -€22,699 | -€32,042 | -€9,343 | -41.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,291 | -€50,634 | -€9,343 | -22.6% |
| Amounts payable | 17/49 | €80,956 | €71,702 | -€9,254 | -11.4% |
| Amounts payable after more than one year | 17 | €39,242 | €23,599 | -€15,643 | -39.9% |
| Financial debts | 170/4 | €39,242 | €23,599 | -€15,643 | -39.9% |
| Amounts payable within one year | 42/48 | €41,714 | €48,103 | +€6,389 | +15.3% |
| Current portion of amounts payable after more than one year | 42 | €14,852 | €15,643 | +€791 | +5.3% |
| Trade debts | 44 | €940 | €694 | -€246 | -26.2% |
| Suppliers | 440/4 | €940 | €694 | -€246 | -26.2% |
| Taxes, remuneration and social security | 45 | €19,566 | €25,603 | +€6,037 | +30.9% |
| Taxes | 450/3 | €2,746 | €2,143 | -€603 | -22.0% |
| Remuneration and social security | 454/9 | €16,820 | €23,460 | +€6,640 | +39.5% |
| Other amounts payable | 47/48 | €6,355 | €6,163 | -€193 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,311 | €11,248 | -€63 | -0.6% |
| Other operating charges | 640/8 | €1,383 | €1,646 | +€263 | +19.0% |
| Gross operating margin | 9900 | €22,555 | €6,241 | -€16,315 | -72.3% |
| Operating profit (loss) | 9901 | €9,861 | -€6,654 | -€16,515 | |
| Financial income | 75/76B | €9 | €18 | +€9 | +95.6% |
| Recurring financial income | 75 | €9 | €18 | +€9 | +95.6% |
| Financial charges | 65/66B | €3,462 | €2,707 | -€755 | -21.8% |
| Recurring financial charges | 65 | €3,462 | €2,707 | -€755 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €6,408 | -€9,343 | -€15,751 | |
| Profit (loss) for the period | 9904 | €6,408 | -€9,343 | -€15,751 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,408 | -€9,343 | -€15,751 |
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 10 October 2026 via checked.be.