The KOZI Group: 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.
The KOZI Group
Largest movements
- Receivables after one year +€10,000
up €10,000 (+87.0%), from €11,500 to €21,500
- Tangible fixed assets -€1,785
down €1,785 (-35.0%), from €5,104 to €3,319
of which Furniture and vehicles: -€979
- Deferred charges and accrued income +€1,402
up €1,402 (+189%), from €740 to €2,142
- Cash -€730
down €730 (-3.2%), from €22,542 to €21,812
mainly Receivables after one year (-€10,000) and Tax, wage and social debts (-€5,894)
- Reserves +€14,131
up €14,131 (+42.2%), from €33,474 to €47,605
- Tax, wage and social debts -€5,894
down €5,894 (-62.6%), from €9,410 to €3,517
of which Taxes: -€5,894
- Trade debts +€903
up €903 (+109%), from €829 to €1,732
- Gross operating margin -€18,904
down €18,904 (-46.4%), from €40,716 to €21,812
- Taxes -€3,168
down €3,168 (-40.6%), from €7,796 to €4,628
- Financial income +€1,337
up €1,337 (+1,367%), from €98 to €1,434
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 | €47,538 | €56,845 | +€9,307 | +19.6% |
| Fixed assets | 21/28 | €5,104 | €3,319 | -€1,785 | -35.0% |
| Tangible fixed assets | 22/27 | €5,104 | €3,319 | -€1,785 | -35.0% |
| Plant, machinery and equipment | 23 | €1,902 | €1,407 | -€494 | -26.0% |
| Furniture and vehicles | 24 | €1,954 | €976 | -€979 | -50.1% |
| Other tangible fixed assets | 26 | €1,248 | €936 | -€312 | -25.0% |
| Current assets | 29/58 | €42,434 | €53,526 | +€11,092 | +26.1% |
| Amounts receivable after more than one year | 29 | €11,500 | €21,500 | +€10,000 | +87.0% |
| Other amounts receivable | 291 | €11,500 | €21,500 | +€10,000 | +87.0% |
| Amounts receivable within one year | 40/41 | €7,652 | €8,072 | +€420 | +5.5% |
| Trade receivables | 40 | €7,652 | €6,349 | -€1,304 | -17.0% |
| Other amounts receivable | 41 | - | €1,724 | +€1,724 | |
| Cash at bank and in hand | 54/58 | €22,542 | €21,812 | -€730 | -3.2% |
| Deferred charges and accrued income | 490/1 | €740 | €2,142 | +€1,402 | +189% |
| Total equity and liabilities | 10/49 | €47,538 | €56,845 | +€9,307 | +19.6% |
| Equity | 10/15 | €35,874 | €50,005 | +€14,131 | +39.4% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €33,474 | €47,605 | +€14,131 | +42.2% |
| Distributable reserves | 133 | €33,474 | €47,605 | +€14,131 | +42.2% |
| Amounts payable | 17/49 | €11,664 | €6,840 | -€4,824 | -41.4% |
| Amounts payable within one year | 42/48 | €11,664 | €6,840 | -€4,824 | -41.4% |
| Financial debts | 43 | €217 | €372 | +€155 | +71.6% |
| Credit institutions | 430/8 | €217 | €372 | +€155 | +71.6% |
| Trade debts | 44 | €829 | €1,732 | +€903 | +109% |
| Suppliers | 440/4 | €829 | €1,732 | +€903 | +109% |
| Taxes, remuneration and social security | 45 | €9,410 | €3,517 | -€5,894 | -62.6% |
| Taxes | 450/3 | €9,410 | €3,517 | -€5,894 | -62.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,209 | €1,220 | +€11 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,785 | €1,785 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €402 | €0 | -€402 | -100% |
| Other operating charges | 640/8 | €558 | €903 | +€345 | +61.8% |
| Gross operating margin | 9900 | €40,716 | €21,812 | -€18,904 | -46.4% |
| Operating profit (loss) | 9901 | €37,971 | €19,124 | -€18,847 | -49.6% |
| Financial income | 75/76B | €98 | €1,434 | +€1,337 | +1,367% |
| Recurring financial income | 75 | €98 | €1,434 | +€1,337 | +1,367% |
| Financial charges | 65/66B | €2,082 | €1,799 | -€283 | -13.6% |
| Recurring financial charges | 65 | €2,082 | €1,799 | -€283 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €35,986 | €18,759 | -€17,227 | -47.9% |
| Income taxes | 67/77 | €7,796 | €4,628 | -€3,168 | -40.6% |
| Profit (loss) for the period | 9904 | €28,190 | €14,131 | -€14,059 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,190 | €14,131 | -€14,059 | -49.9% |
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 23 October 2026 via checked.be.