KNUETS (0413.900.285): financials and annual accounts

KNUETS

Uccle ·KBO/BCE: BE 0413.900.285

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	79,687	90,787	87,979	72,308	66,070	69,608	45,352	46,276	93,713	75,531	62,495	67,114	150,435	187,365	211,529	78,736	56,664	81,846	141,928	192,418
Formation expenses`20`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,286	42,571	76,629
Fixed assets`21/28`	15,197	16,793	18,054	15,853	13,476	16,759	12,761	13,790	17,483	2,948	7,157	13,669	124,253	133,434	5,525	7,653	12,364	43,346	87,314	128,546
Intangible fixed assets`21`	-	-	-	-	-	-	-	-	-	-	417	833	-	-	-	-	-	12,395	24,789	37,184
Tangible fixed assets`22/27`	14,011	15,607	16,868	15,667	13,290	16,573	12,575	13,604	17,297	2,762	6,741	12,836	19,253	28,434	5,525	7,653	12,364	9,666	19,954	14,733
Plant, machinery and equipment`23`	9,930	7,885	1,955	3,052	4,149	5,247	-	-	-	-	-	-	-	-	-	960	1,080	-	144	323
Furniture and vehicles`24`	2,150	5,148	11,696	8,754	4,636	4,885	3,842	9,013	11,056	1,338	6,741	12,836	19,253	28,434	5,525	5,106	11,284	9,666	19,810	14,410
Other tangible fixed assets`26`	1,930	2,574	3,217	3,861	4,504	6,441	8,734	4,591	6,240	1,425	-	-	-	-	-	1,587	-	-	-	-
Financial fixed assets`28`	1,186	1,186	1,186	186	186	186	186	186	186	186	-	-	105,000	105,000	-	-	-	-	-	-
Current assets`29/58`	64,491	73,994	69,926	56,455	52,594	52,850	32,591	32,486	76,230	72,583	55,338	53,445	26,181	53,931	206,004	71,083	44,300	38,500	54,614	63,872
Amounts receivable within one year`40/41`	53,753	50,880	60,046	35,726	30,638	25,024	22,768	15,861	62,898	46,633	49,184	51,096	24,377	14,552	204,773	69,968	34,928	32,437	53,193	62,765
Trade receivables`40`	20,585	8,929	34,467	13,499	20,798	15,128	13,683	15,861	8,897	828	1,570	4,121	13,516	9,390	49,299	65,947	34,928	31,698	51,002	61,887
Other amounts receivable`41`	33,168	41,951	25,579	22,228	9,839	9,896	9,085	-	54,001	45,805	47,615	46,975	10,861	5,162	155,474	4,021	-	739	2,191	878
Cash at bank and in hand`54/58`	6,698	18,839	5,955	16,818	17,418	23,706	6,181	12,374	9,719	23,664	4,040	804	62	37,437	337	114	7,997	4,766	364	41
Deferred charges and accrued income`490/1`	4,040	4,275	3,925	3,910	4,539	4,120	3,642	4,251	3,613	2,285	2,113	1,545	1,742	1,943	894	1,001	1,375	1,297	1,057	1,066
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	79,687	90,787	87,979	72,308	66,070	69,608	45,352	46,276	93,713	75,531	62,495	67,114	150,435	187,365	211,529	78,736	56,664	81,846	141,928	192,418
Equity`10/15`	54,503	68,463	52,376	46,371	45,269	39,063	18,045	22,062	18,560	74,464	49,866	50,620	64,337	65,817	88,697	8,981	2,994	41,028	53,722	75,023
Contributions`10/11`	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	80,565	80,565	80,565	80,565	80,565	80,565	80,565	80,565	80,565	80,565	80,565
Issued capital`100`	-	-	-	-	-	-	18,550	18,550	18,550	80,565	80,565	80,565	80,565	80,565	80,565	80,565	80,565	80,565	80,565	80,565
Reserves`13`	1,949	1,949	1,949	1,949	1,949	1,949	1,949	1,949	1,944	8,151	8,057	8,057	8,057	8,057	8,057	3,099	3,099	3,099	3,100	3,100
Non-distributable reserves`130/1`	-	-	-	1,855	1,855	1,855	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,855	1,855	1,850	8,057	8,057	8,057	8,057	8,057	8,057	3,099	3,099	3,099	3,100	3,100
Reserves not available under the articles`1311`	-	-	-	1,855	1,855	1,855	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax-exempt reserves`132`	94	94	94	94	94	94	94	94	94	94	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	1,855	1,855	1,855	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	34,004	47,964	31,876	25,872	24,770	18,564	-2,454	1,563	-1,935	-14,252	-38,756	-38,002	-24,285	-22,805	75	-74,684	-80,670	-42,636	-29,943	-8,642
Amounts payable`17/49`	25,184	22,324	35,604	25,937	20,801	30,545	27,307	24,213	75,153	1,067	12,629	16,494	86,098	121,548	122,833	69,755	53,670	40,818	88,206	117,395
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,590	9,929	16,939
Financial debts`170/4`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,590	9,929	16,939
Amounts payable within one year`42/48`	25,142	22,282	35,562	25,767	20,765	30,545	27,269	24,177	75,027	1,046	12,629	16,464	86,071	120,598	121,469	68,805	53,634	38,228	77,707	100,036
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,766	7,338	11,245	6,658
Financial debts`43`	-	-	2	-	-	-	21	-	-	-	-	-	11	-	-	2,715	-	-	-	166
Credit institutions`430/8`	-	-	2	-	-	-	21	-	-	-	-	-	11	-	-	2,715	-	-	-	166
Trade debts`44`	8,371	484	14,697	2,992	3,593	8,850	10,963	4,250	10,588	418	979	16,149	5,751	10,762	25,526	21,170	5,193	17,315	31,192	22,106
Suppliers`440/4`	8,371	484	14,697	2,992	3,593	8,850	10,963	4,250	10,588	418	979	16,149	5,751	10,762	25,526	21,170	5,193	17,315	31,192	22,106
Taxes, remuneration and social security`45`	16,771	21,798	20,863	22,775	17,171	16,695	16,284	19,834	6,924	628	1,146	315	260	6,263	2,553	149	1,460	8,003	2,154	9,013
Taxes`450/3`	8,583	14,447	7,769	11,937	13,388	13,424	5,530	10,551	4,433	340	1,146	315	260	6,263	2,553	149	1,460	8,003	2,154	9,013
Remuneration and social security`454/9`	8,189	7,351	13,094	10,838	3,783	3,272	10,754	9,283	2,491	289	-	-	-	-	-	-	-	-	-	-
Other amounts payable`47/48`	-	-	-	-	-	5,000	-	93	57,515	-	10,504	-	80,049	103,573	93,390	44,772	44,214	5,572	33,116	62,093
Accrued charges and deferred income`492/3`	42	42	42	170	36	-	38	36	126	20	-	31	27	950	1,364	950	36	-	570	420
Income statement
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	2,893	-	31	3,140	167	4,898	140,047	731	5,124	295	3,199	-
Gross operating margin`9900`	52,909	87,736	68,909	59,046	48,037	65,341	51,582	60,898	19,366	31,618	10,982	-5,124	5,519	-14,273	-7,787	18,023	4,995	36,189	43,817	109,575
Remuneration, social security and pensions`62`	57,974	52,090	48,336	45,673	29,934	24,305	42,994	42,295	10,066	1,987	-	-	-	-	-	-	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	7,680	8,961	8,365	6,633	6,021	5,991	10,362	9,420	7,511	7,735	6,933	6,834	9,180	9,180	2,763	7,669	42,267	45,377	59,036	54,069
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	-	-	-	-	-	-4,140	-	4,140	-2,374	2,668	-	-	1,044
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	-	-	-	-	-30,000	-	-	-	-	-	-	-	-
Other operating charges`640/8`	2,257	1,404	1,422	1,903	1,570	2,172	1,526	1,832	740	717	802	31,198	1,270	877	2,878	6,295	2,347	1,872	2,402	2,333
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	448	250	6,163	563	270	-	711	-	-	4,621	-
Operating profit (loss)`9901`	-15,002	25,281	10,785	4,837	10,511	32,874	-3,299	7,350	1,049	20,731	3,247	-13,156	-791	-24,331	-17,567	6,434	-42,287	-11,060	-17,621	52,129
Financial income`75/76B`	1,950	3,045	1,201	1,063	1,020	1,137	632	25	4,199	4,175	3,310	2,927	4	28	-	22	2	81	104	51
Recurring financial income`75`	1,950	3,045	1,201	1,063	1,020	1,137	632	25	4,199	4,175	3,310	2,927	4	28	-	22	2	81	104	51
Financial charges`65/66B`	871	929	875	925	929	544	399	329	489	308	7,092	439	264	163	364	489	873	2,009	2,934	4,576
Recurring financial charges`65`	871	929	875	925	929	544	399	329	489	308	7,092	439	264	163	364	489	873	2,009	2,934	4,576
Profit (loss) for the period before taxes`9903`	-13,923	27,397	11,111	4,975	10,602	33,467	-3,067	7,047	4,758	24,598	-754	-13,690	-1,448	-19,839	122,116	5,986	-38,033	-12,693	-21,873	47,604
Income taxes`67/77`	37	11,310	5,107	3,873	4,396	7,449	950	3,544	3,147	-	0	27	33	3,041	2,400	-	0	0	-572	6,500
Profit (loss) for the period`9904`	-13,960	16,088	6,005	1,102	6,206	26,018	-4,017	3,503	1,611	24,598	-754	-13,717	-1,481	-22,879	119,716	5,986	-38,034	-12,694	-21,301	41,104
Transfer to tax-exempt reserves`689`	-	-	-	-	-	-	-	-	-	94	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period to be appropriated`9905`	-13,960	16,088	6,005	1,102	6,206	26,018	-4,017	3,503	1,611	24,504	-754	-13,717	-1,481	-22,879	119,716	5,986	-38,034	-12,694	-21,301	41,104
Appropriation of the result
Profit (loss) to be appropriated`9906`	34,004	47,964	31,876	25,872	24,770	23,564	-2,454	1,568	-12,641	-14,252	-38,756	-38,002	-24,285	-22,805	45,032	-74,684	-80,670	-42,636	-29,943	-8,642
Profit (loss) brought forward from the previous period`14P`	47,964	31,876	25,872	24,770	18,564	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	-	-	-	-	-	-	-	-	10,707	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	5	-	-	-	-	-	-	4,958	-	-	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	5	-	-	-	-	-	-	4,958	-	-	-	-	-
Profit to be distributed`694/7`	-	-	-	-	-	5,000	-	-	-	-	-	-	-	-	40,000	-	-	-	-	-
Directors or managers`695`	-	-	-	-	-	5,000	-	-	-	-	-	-	-	-	40,000	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	1.1	1	1	1	1	1	1	1	-	-	-	-	-	-	-	-	-	-	-	-
Hours worked`1013`	20,522	1,922	1,801	1,695	942	1,105	1,915	1,923	-	-	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	31-08-2026	2026-00467177	PDF
31-12-2024	micro format	01-10-2025	2025-00526451	PDF
31-12-2023	micro format	23-08-2024	2024-00370539	PDF
31-12-2022	micro format	26-07-2023	2023-00272730	PDF
31-12-2021	micro format	31-08-2022	2022-20374484	PDF
31-12-2020	micro format	24-08-2021	2021-52300477	PDF
31-12-2019	micro format	14-07-2020	2020-29700578	PDF
31-12-2018	micro format	04-07-2019	2019-28600246	PDF
31-12-2017	micro format	06-06-2018	2018-16100276	PDF
31-12-2016	micro format	29-08-2017	2017-50200176	PDF
31-12-2015	full format	01-07-2016	2016-25900112	PDF
31-12-2014	full format	17-07-2015	2015-31600456	PDF
31-12-2013	full format	07-07-2014	2014-27400241	PDF
31-12-2012	full format	28-08-2013	2013-48300600	PDF
31-12-2011	full format	24-09-2012	2012-57200022	PDF
31-12-2010	full format	27-10-2011	2011-58900573	PDF
31-12-2009	full format	23-06-2010	2010-20100267	PDF
31-12-2008	full format	22-06-2009	2009-25500041	PDF
31-12-2007	full format	23-06-2008	2008-25700101	PDF
31-12-2006	full format	09-07-2007	2007-36200325	PDF
31-12-2005	full format	23-06-2006	2006-29502417	PDF
31-12-2004	full format	27-06-2005	2005-32502068	PDF
31-12-2003	full format	30-07-2004	2004-55404688	PDF
30-06-2002	full format	08-04-2003	2003-10100220	PDF
31-12-2000	full format	24-07-2001	2001-41300028	PDF
31-12-1999	full format	11-05-2000	2000-12601745	PDF
31-12-1998	full format	07-06-1999	1999-14804016	PDF
31-12-1997	full format	30-06-1998	1998-26101652	PDF
31-12-1996	full format	13-06-1997	1997-15203001	PDF
31-12-1995	full format	20-05-1996	1996-08703426	PDF
31-12-1994	full format	02-06-1995	1995-11802193	PDF
31-12-1993	full format	06-06-1994	1994-12101042	PDF
31-12-1992	full format	10-06-1993	1993-12200258	PDF
31-12-1991	full format	23-06-1992	1992-13603493	PDF
31-12-1990	full format	17-06-1991	1991-10203464	PDF
31-12-1989	full format	06-06-1990	1990-06900915	PDF
31-12-1988	full format	24-05-1989	1989-04902056	PDF
31-12-1987	full format	03-06-1988	1988-06101060	PDF
31-12-1986	full format	10-06-1987	1987-09301378	PDF
31-12-1985	full format	08-08-1986	1986-34400151	PDF
31-12-1984	full format	25-07-1985	1985-27001659	PDF
31-12-1983	unclassified schema	07-09-1984	1984-12901590	PDF
31-12-1982	unclassified schema	09-08-1983	1983-11000505	PDF
31-12-1981	unclassified schema	29-07-1982	1982-10202160	PDF
31-12-1980	unclassified schema	15-07-1981	1981-09100579	PDF
31-12-1979	unclassified schema	18-07-1980	1980-09400537	PDF
31-12-1978	unclassified schema	27-07-1979	1979-09601114	PDF
31-12-1977	unclassified schema	20-07-1978	1978-05501531	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	-7,321	34,243	19,150	11,470	16,533	38,865	7,063	16,770	8,560	28,466	10,180	-6,322	8,389	-15,151	-14,805	14,103	-20	34,317	41,415	106,198
Cash flow	-6,279	25,049	14,369	7,735	12,227	32,009	6,345	12,922	9,122	32,333	6,180	-6,883	7,700	-13,699	122,479	13,656	4,233	32,683	37,735	95,173
Investment in fixed assets (approximation)	6,084	7,700	10,565	9,011	2,739	9,989	9,333	5,727	22,045	3,973	671	10,150	0	137,089	10,587	2,958	11,285	1,409	17,924	17,763
Change in cash	-12,141	12,884	-10,863	-599	-6,288	17,525	-6,193	2,655	-13,945	19,624	3,236	742	-37,374	37,099	224	-7,883	3,231	4,402	323	-
Working capital	39,349	51,713	34,364	30,688	31,829	22,305	5,323	8,309	1,203	71,536	42,709	36,981	-59,890	-66,667	84,535	2,277	-9,334	272	-23,093	-36,164
Solvency	68.4%	75.4%	59.5%	64.1%	68.5%	56.1%	39.8%	47.7%	19.8%	98.6%	79.8%	75.4%	42.8%	35.1%	41.9%	11.4%	5.3%	50.1%	37.9%	39.0%
Current ratio	2.57	3.32	1.97	2.19	2.53	1.73	1.20	1.34	1.02	69.36	4.38	3.25	0.30	0.45	1.70	1.03	0.83	1.01	0.70	0.64
Debt to equity	0.46	0.33	0.68	0.56	0.46	0.78	1.51	1.10	4.05	0.01	0.25	0.33	1.34	1.85	1.38	7.77	17.92	0.99	1.64	1.56
ROE	-25.6%	23.5%	11.5%	2.4%	13.7%	66.6%	-22.3%	15.9%	8.7%	33.0%	-1.5%	-27.1%	-2.3%	-34.8%	135.0%	66.7%	-	-30.9%	-39.7%	54.8%
ROA	-17.5%	17.7%	6.8%	1.5%	9.4%	37.4%	-8.9%	7.6%	1.7%	32.6%	-1.2%	-20.4%	-1.0%	-12.2%	56.6%	7.6%	-67.1%	-15.5%	-15.0%	21.4%
Interest coverage	-8.40	36.85	21.89	12.39	17.79	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	2	1	1	1	1
full-time	1	1	1	1	1
part-time	1	-	-	-	-
in full-time equivalents	1.1	1	1	1	1
Average over the year, in full-time equivalents	1.1	1	1	1	1
On a permanent contract	1	1	1	1	1

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€6,084	€7,700	€9,565	€9,011	€2,739
Financial fixed assets	-	-	€1,000	-	-
Depreciation and write-downs of the year	€7,680	€8,961	€8,365	€6,633	€6,021

KNUETS

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency68.4%

Current ratio2.57

Return on assets-17.5%

Staff

Staff cost per FTE€52,704

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on KNUETS

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