BUREAU CNOCKAERT: 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.
BUREAU CNOCKAERT
Largest movements
- Current investments +€150,000
new in 2025: €150,000
- Cash -€26,821
down €26,821 (-36.2%), from €74,122 to €47,301
mainly Current investments (-€150,000) and Contributions, distributions and other (-€100,000)
- Receivables within one year -€16,385
down €16,385 (-14.7%), from €111,841 to €95,456
of which Trade receivables: -€15,788
- Other debts +€100,000
new in 2025: €100,000
- Tax, wage and social debts +€10,070
up €10,070 (+16.5%), from €60,854 to €70,924
of which Remuneration and social security: +€11,471
- Profit (loss) carried forward -€9,560
down €9,560 (-21.5%), from €44,411 to €34,851
- Trade debts +€6,087
up €6,087 (+48.6%), from €12,519 to €18,606
- Gross operating margin +€67,459
up €67,459 (+16.9%), from €398,403 to €465,862
- Taxes +€16,578
up €16,578 (+104%), from €15,865 to €32,443
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 | €186,802 | €293,437 | +€106,635 | +57.1% |
| Current assets | 29/58 | €186,802 | €293,437 | +€106,635 | +57.1% |
| Amounts receivable within one year | 40/41 | €111,841 | €95,456 | -€16,385 | -14.7% |
| Trade receivables | 40 | €110,365 | €94,577 | -€15,788 | -14.3% |
| Other amounts receivable | 41 | €1,476 | €879 | -€597 | -40.4% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €74,122 | €47,301 | -€26,821 | -36.2% |
| Deferred charges and accrued income | 490/1 | €839 | €680 | -€159 | -19.0% |
| Total equity and liabilities | 10/49 | €186,802 | €293,437 | +€106,635 | +57.1% |
| Equity | 10/15 | €113,429 | €103,869 | -€9,560 | -8.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €7,018 | €7,018 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €818 | €818 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,411 | €34,851 | -€9,560 | -21.5% |
| Amounts payable | 17/49 | €73,373 | €189,568 | +€116,195 | +158% |
| Amounts payable within one year | 42/48 | €73,373 | €189,568 | +€116,195 | +158% |
| Trade debts | 44 | €12,519 | €18,606 | +€6,087 | +48.6% |
| Suppliers | 440/4 | €12,519 | €18,606 | +€6,087 | +48.6% |
| Advances received on contracts in progress | 46 | - | €38 | +€38 | |
| Taxes, remuneration and social security | 45 | €60,854 | €70,924 | +€10,070 | +16.5% |
| Taxes | 450/3 | €16,094 | €14,693 | -€1,401 | -8.7% |
| Remuneration and social security | 454/9 | €44,760 | €56,231 | +€11,471 | +25.6% |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Non-recurring operating income | 76A | €27,073 | €19,082 | -€7,991 | -29.5% |
| Remuneration, social security and pensions | 62 | €338,397 | €340,786 | +€2,389 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,355 | - | -€3,355 | |
| Other operating charges | 640/8 | €1,094 | €1,334 | +€240 | +21.9% |
| Gross operating margin | 9900 | €398,403 | €465,862 | +€67,459 | +16.9% |
| Operating profit (loss) | 9901 | €55,557 | €123,742 | +€68,185 | +123% |
| Financial income | 75/76B | €470 | - | -€470 | |
| Recurring financial income | 75 | €470 | - | -€470 | |
| Financial charges | 65/66B | €993 | €859 | -€134 | -13.5% |
| Recurring financial charges | 65 | €993 | €859 | -€134 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €55,034 | €122,883 | +€67,849 | +123% |
| Income taxes | 67/77 | €15,865 | €32,443 | +€16,578 | +104% |
| Profit (loss) for the period | 9904 | €39,169 | €90,440 | +€51,271 | +131% |
| Profit (loss) for the period to be appropriated | 9905 | €39,169 | €90,440 | +€51,271 | +131% |
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 24 October 2026 via checked.be.