'T KOXKE: 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.
'T KOXKE
Largest movements
- Receivables within one year +€43,514
up €43,514 (+343%), from €12,688 to €56,202
of which Trade receivables: +€29,765
- Cash +€17,301
up €17,301 (+17.6%), from €98,191 to €115,492
mainly Net result for the year (+€38,699) and Tax, wage and social debts (+€30,785)
- Profit (loss) carried forward +€38,699
up €38,699 (+21.8%), from €177,201 to €215,900
- Tax, wage and social debts +€30,785
up €30,785 (+102%), from €30,120 to €60,905
of which Taxes: +€23,667
- Trade debts -€14,159
down €14,159 (-33.6%), from €42,167 to €28,008
- Turnover -€271,239
no longer reported in 2025 (was €271,239)
- Purchases and services -€208,104
no longer reported in 2025 (was €208,104)
- Gross operating margin +€46,646
up €46,646 (+71.9%), from €64,884 to €111,531
- Staff costs +€39,167
up €39,167 (+349%), from €11,236 to €50,404
- Taxes +€4,789
up €4,789 (+36.0%), from €13,313 to €18,102
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 | €268,087 | €323,413 | +€55,326 | +20.6% |
| Fixed assets | 21/28 | €3,718 | €1,349 | -€2,369 | -63.7% |
| Tangible fixed assets | 22/27 | €3,459 | €1,349 | -€2,110 | -61.0% |
| Plant, machinery and equipment | 23 | €3,459 | €1,349 | -€2,110 | -61.0% |
| Financial fixed assets | 28 | €259 | - | -€259 | |
| Current assets | 29/58 | €264,369 | €322,064 | +€57,695 | +21.8% |
| Amounts receivable after more than one year | 29 | €150,000 | €150,000 | = | 0.0% |
| Other amounts receivable | 291 | €150,000 | €150,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,490 | €370 | -€3,120 | -89.4% |
| Stocks | 30/36 | €3,490 | €370 | -€3,120 | -89.4% |
| Amounts receivable within one year | 40/41 | €12,688 | €56,202 | +€43,514 | +343% |
| Trade receivables | 40 | - | €29,765 | +€29,765 | |
| Other amounts receivable | 41 | €12,688 | €26,437 | +€13,749 | +108% |
| Cash at bank and in hand | 54/58 | €98,191 | €115,492 | +€17,301 | +17.6% |
| Total equity and liabilities | 10/49 | €268,087 | €323,413 | +€55,326 | +20.6% |
| Equity | 10/15 | €195,801 | €234,500 | +€38,699 | +19.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €177,201 | €215,900 | +€38,699 | +21.8% |
| Amounts payable | 17/49 | €72,287 | €88,913 | +€16,626 | +23.0% |
| Amounts payable within one year | 42/48 | €72,287 | €88,913 | +€16,626 | +23.0% |
| Trade debts | 44 | €42,167 | €28,008 | -€14,159 | -33.6% |
| Suppliers | 440/4 | €42,167 | €28,008 | -€14,159 | -33.6% |
| Taxes, remuneration and social security | 45 | €30,120 | €60,905 | +€30,785 | +102% |
| Taxes | 450/3 | €24,043 | €47,709 | +€23,667 | +98.4% |
| Remuneration and social security | 454/9 | €6,077 | €13,196 | +€7,118 | +117% |
| Turnover | 70 | €271,239 | - | -€271,239 | |
| Goods, raw materials, services and sundry goods | 60/61 | €208,104 | - | -€208,104 | |
| Remuneration, social security and pensions | 62 | €11,236 | €50,404 | +€39,167 | +349% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,700 | €2,110 | -€4,590 | -68.5% |
| Other operating charges | 640/8 | €4,221 | €2,021 | -€2,200 | -52.1% |
| Gross operating margin | 9900 | €64,884 | €111,531 | +€46,646 | +71.9% |
| Operating profit (loss) | 9901 | €42,727 | €56,996 | +€14,269 | +33.4% |
| Financial income | 75/76B | €3,402 | €69 | -€3,333 | -98.0% |
| Recurring financial income | 75 | €3,402 | €69 | -€3,333 | -98.0% |
| Financial charges | 65/66B | €73 | €263 | +€190 | +262% |
| Recurring financial charges | 65 | €73 | €263 | +€190 | +262% |
| Profit (loss) for the period before taxes | 9903 | €46,056 | €56,802 | +€10,746 | +23.3% |
| Income taxes | 67/77 | €13,313 | €18,102 | +€4,789 | +36.0% |
| Profit (loss) for the period | 9904 | €32,743 | €38,699 | +€5,957 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,743 | €38,699 | +€5,957 | +18.2% |
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 29 October 2026 via checked.be.