If I look at the Manage Downloads, it shows 15 downloaded Kobo books, 0 downloaded Dropbox books, 1 downloaded previews and 3607 Imported items (sideloaded books, etc.).
This total of 3623 is ~225 less than the 3848 shown as the number of books on the home page. If I look under the Filter All dropdown menu under Books, I see 238 purchased (I have more purchases but the majority are archived) and 2 Kobo Plus. Subtracting the 15 downloaded purchases, I end up with 223 +2 or the missing 225 books.
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