CNOCKAERT DAVID: what changed
Two fiscal 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.
CNOCKAERT DAVID
Largest movements
- Cash +€74,310
up €74,310 (+784.2%), from €9,476 to €83,786
mainly Net result for the year (+€37,047) and Current investments (+€31,596)
- Current investments -€31,596
down €31,596 (-23.5%), from €134,418 to €102,822
- Receivables within one year -€7,481
down €7,481 (-37.1%), from €20,143 to €12,662
of which Other amounts receivable: -€15,281
- Tangible fixed assets -€3,600
down €3,600 (-21.9%), from €16,410 to €12,810
of which Plant, machinery and equipment: -€3,400
- Other debts +€20,809
up €20,809 (+88.5%), from €23,500 to €44,309
- Tax, wage and social debts +€13,009
up €13,009 (+1121.5%), from €1,160 to €14,169
of which Taxes: +€12,631
- Reserves +€3,837
up €3,837 (+2.9%), from €132,676 to €136,513
- Profit (loss) carried forward -€2,763
down €2,763 (-100.0%), from €2,763 to €0
- Trade debts -€2,428
down €2,428 (-88.5%), from €2,744 to €316
- Gross operating margin +€37,727
up €37,727 (+249.6%), from €15,115 to €52,842
- Taxes +€13,630
up €13,630 (+261.1%), from €5,221 to €18,851
- Financial income +€5,532
up €5,532 (+195.4%), from €2,831 to €8,363
- Depreciation +€2,500
up €2,500 (+227.3%), from €1,100 to €3,600
- Staff costs +€918
new in 2025: €918
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.
Cash bridge derived
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 | €181,558 | €213,907 | +€32,349 | +17.8% |
| Fixed assets | 21/28 | €16,410 | €12,810 | -€3,600 | -21.9% |
| Tangible fixed assets | 22/27 | €16,410 | €12,810 | -€3,600 | -21.9% |
| Plant, machinery and equipment | 23 | €16,210 | €12,810 | -€3,400 | -21.0% |
| Furniture and vehicles | 24 | €200 | €0 | -€200 | -100.0% |
| Current assets | 29/58 | €165,148 | €201,096 | +€35,948 | +21.8% |
| Stocks and contracts in progress | 3 | €1,111 | €766 | -€345 | -31.1% |
| Stocks | 30/36 | €1,111 | €766 | -€345 | -31.1% |
| Amounts receivable within one year | 40/41 | €20,143 | €12,662 | -€7,481 | -37.1% |
| Trade receivables | 40 | €4,550 | €12,350 | +€7,800 | +171.4% |
| Other amounts receivable | 41 | €15,593 | €312 | -€15,281 | -98.0% |
| Current investments | 50/53 | €134,418 | €102,822 | -€31,596 | -23.5% |
| Cash at bank and in hand | 54/58 | €9,476 | €83,786 | +€74,310 | +784.2% |
| Deferred charges and accrued income | 490/1 | - | €1,060 | +€1,060 | |
| Total equity and liabilities | 10/49 | €181,558 | €213,907 | +€32,349 | +17.8% |
| Equity | 10/15 | €154,039 | €155,113 | +€1,074 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €132,676 | €136,513 | +€3,837 | +2.9% |
| Distributable reserves | 133 | €132,676 | €136,513 | +€3,837 | +2.9% |
| Profit (loss) carried forward | 14 | €2,763 | €0 | -€2,763 | -100.0% |
| Amounts payable | 17/49 | €27,519 | €58,794 | +€31,275 | +113.6% |
| Amounts payable within one year | 42/48 | €27,404 | €58,794 | +€31,390 | +114.5% |
| Trade debts | 44 | €2,744 | €316 | -€2,428 | -88.5% |
| Suppliers | 440/4 | €2,744 | €316 | -€2,428 | -88.5% |
| Taxes, remuneration and social security | 45 | €1,160 | €14,169 | +€13,009 | +1121.5% |
| Taxes | 450/3 | €1,160 | €13,791 | +€12,631 | +1088.9% |
| Remuneration and social security | 454/9 | - | €378 | +€378 | |
| Other amounts payable | 47/48 | €23,500 | €44,309 | +€20,809 | +88.5% |
| Accrued charges and deferred income | 492/3 | €115 | €0 | -€115 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €918 | +€918 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,100 | €3,600 | +€2,500 | +227.3% |
| Other operating charges | 640/8 | - | €701 | +€701 | |
| Gross operating margin | 9900 | €15,115 | €52,842 | +€37,727 | +249.6% |
| Operating profit (loss) | 9901 | €14,015 | €47,624 | +€33,609 | +239.8% |
| Financial income | 75/76B | €2,831 | €8,363 | +€5,532 | +195.4% |
| Recurring financial income | 75 | €2,831 | €8,363 | +€5,532 | +195.4% |
| Financial charges | 65/66B | €29 | €89 | +€60 | +206.7% |
| Recurring financial charges | 65 | €29 | €89 | +€60 | +206.7% |
| Profit (loss) for the period before taxes | 9903 | €16,817 | €55,898 | +€39,081 | +232.4% |
| Income taxes | 67/77 | €5,221 | €18,851 | +€13,630 | +261.1% |
| Profit (loss) for the period | 9904 | €11,596 | €37,047 | +€25,451 | +219.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,596 | €37,047 | +€25,451 | +219.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.