CNOCKE PROJECTS: 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.
CNOCKE PROJECTS
Largest movements
- Stocks and contracts +€547,807
up €547,807 (+281.4%), from €194,693 to €742,500
- Cash +€209,082
up €209,082 (+793.8%), from €26,339 to €235,421
mainly Debts after one year (+€627,708) and Other debts (+€108,500)
- Debts after one year +€627,708
up €627,708 (+360.0%), from €174,375 to €802,083
- Other debts +€108,500
up €108,500 (+34.6%), from €313,585 to €422,085
- Trade debts +€16,910
up €16,910 (+151.8%), from €11,142 to €28,052
- Financial charges +€6,665
up €6,665 (+83.9%), from €7,946 to €14,611
- Gross operating margin +€2,616
up €2,616 (+16.6%), from €15,775 to €18,392
- Financial income -€1,683
down €1,683 (-75.6%), from €2,225 to €543
- Other operating charges -€771
down €771 (-43.0%), from €1,794 to €1,023
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 | €479,672 | €1,227,534 | +€747,862 | +155.9% |
| Fixed assets | 21/28 | €252,701 | €244,788 | -€7,913 | -3.1% |
| Tangible fixed assets | 22/27 | €252,701 | €244,788 | -€7,913 | -3.1% |
| Land and buildings | 22 | €252,701 | €244,788 | -€7,913 | -3.1% |
| Current assets | 29/58 | €226,971 | €982,746 | +€755,775 | +333.0% |
| Stocks and contracts in progress | 3 | €194,693 | €742,500 | +€547,807 | +281.4% |
| Stocks | 30/36 | €194,693 | €742,500 | +€547,807 | +281.4% |
| Amounts receivable within one year | 40/41 | €4,438 | €4,824 | +€386 | +8.7% |
| Other amounts receivable | 41 | €4,438 | €4,824 | +€386 | +8.7% |
| Cash at bank and in hand | 54/58 | €26,339 | €235,421 | +€209,082 | +793.8% |
| Deferred charges and accrued income | 490/1 | €1,500 | €0 | -€1,500 | -100.0% |
| Total equity and liabilities | 10/49 | €479,672 | €1,227,534 | +€747,862 | +155.9% |
| Equity | 10/15 | -€37,872 | -€43,860 | -€5,989 | -15.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,872 | -€45,860 | -€5,989 | -15.0% |
| Amounts payable | 17/49 | €517,544 | €1,271,394 | +€753,851 | +145.7% |
| Amounts payable after more than one year | 17 | €174,375 | €802,083 | +€627,708 | +360.0% |
| Financial debts | 170/4 | €174,375 | €802,083 | +€627,708 | +360.0% |
| Amounts payable within one year | 42/48 | €343,168 | €469,311 | +€126,143 | +36.8% |
| Financial debts | 43 | €18,441 | €19,174 | +€733 | +4.0% |
| Credit institutions | 430/8 | €18,441 | €19,174 | +€733 | +4.0% |
| Trade debts | 44 | €11,142 | €28,052 | +€16,910 | +151.8% |
| Suppliers | 440/4 | €11,142 | €28,052 | +€16,910 | +151.8% |
| Other amounts payable | 47/48 | €313,585 | €422,085 | +€108,500 | +34.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,275 | €9,289 | +€14 | +0.1% |
| Other operating charges | 640/8 | €1,794 | €1,023 | -€771 | -43.0% |
| Gross operating margin | 9900 | €15,775 | €18,392 | +€2,616 | +16.6% |
| Operating profit (loss) | 9901 | €4,706 | €8,080 | +€3,373 | +71.7% |
| Financial income | 75/76B | €2,225 | €543 | -€1,683 | -75.6% |
| Recurring financial income | 75 | €2,225 | €543 | -€1,683 | -75.6% |
| Financial charges | 65/66B | €7,946 | €14,611 | +€6,665 | +83.9% |
| Recurring financial charges | 65 | €7,946 | €14,611 | +€6,665 | +83.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,015 | -€5,989 | -€4,974 | -490.2% |
| Profit (loss) for the period | 9904 | -€1,015 | -€5,989 | -€4,974 | -490.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,015 | -€5,989 | -€4,974 | -490.2% |
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 29 September 2026 via checked.be.