DE KNOET: 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.
DE KNOET
Largest movements
- Tangible fixed assets -€43,103
down €43,103 (-20.0%), from €215,293 to €172,190
of which Land and buildings: -€43,868
- Cash -€34,685
down €34,685 (-21.9%), from €158,125 to €123,441
mainly Other debts (-€62,077) and Net result for the year (-€29,410)
- Other debts -€62,077
down €62,077 (-55.0%), from €112,887 to €50,810
- Reserves -€29,410
down €29,410 (-10.0%), from €294,968 to €265,559
of which Distributable reserves: -€27,551
- Trade debts +€14,102
up €14,102 (+679%), from €2,076 to €16,178
- Accrued charges and deferred income -€7,420
no longer reported in 2025 (was €7,420)
- Tax, wage and social debts +€5,280
up €5,280 (+21.6%), from €24,430 to €29,709
of which Taxes: +€8,356
- Gross operating margin -€69,446
down €69,446 (-13.8%), from €503,676 to €434,229
- Financial charges -€10,263
down €10,263 (-95.3%), from €10,770 to €507
- Staff costs -€7,844
down €7,844 (-2.0%), from €399,305 to €391,461
- Other operating charges +€5,282
up €5,282 (+74.3%), from €7,109 to €12,391
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 | €460,373 | €380,848 | -€79,525 | -17.3% |
| Fixed assets | 21/28 | €215,788 | €172,685 | -€43,103 | -20.0% |
| Tangible fixed assets | 22/27 | €215,293 | €172,190 | -€43,103 | -20.0% |
| Land and buildings | 22 | €160,373 | €116,505 | -€43,868 | -27.4% |
| Plant, machinery and equipment | 23 | €46,286 | €40,616 | -€5,670 | -12.3% |
| Furniture and vehicles | 24 | €8,634 | €15,069 | +€6,435 | +74.5% |
| Financial fixed assets | 28 | €496 | €496 | = | 0.0% |
| Current assets | 29/58 | €244,585 | €208,163 | -€36,422 | -14.9% |
| Stocks and contracts in progress | 3 | €63,149 | €62,506 | -€643 | -1.0% |
| Stocks | 30/36 | €63,149 | €62,506 | -€643 | -1.0% |
| Amounts receivable within one year | 40/41 | €14,700 | €14,499 | -€201 | -1.4% |
| Trade receivables | 40 | €490 | €3,737 | +€3,247 | +663% |
| Other amounts receivable | 41 | €14,210 | €10,762 | -€3,447 | -24.3% |
| Cash at bank and in hand | 54/58 | €158,125 | €123,441 | -€34,685 | -21.9% |
| Deferred charges and accrued income | 490/1 | €8,611 | €7,717 | -€894 | -10.4% |
| Total equity and liabilities | 10/49 | €460,373 | €380,848 | -€79,525 | -17.3% |
| Equity | 10/15 | €313,560 | €284,151 | -€29,410 | -9.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €294,968 | €265,559 | -€29,410 | -10.0% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Other | 1319 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €293,109 | €265,559 | -€27,551 | -9.4% |
| Amounts payable | 17/49 | €146,813 | €96,698 | -€50,115 | -34.1% |
| Amounts payable within one year | 42/48 | €139,393 | €96,698 | -€42,695 | -30.6% |
| Trade debts | 44 | €2,076 | €16,178 | +€14,102 | +679% |
| Suppliers | 440/4 | €2,076 | €16,178 | +€14,102 | +679% |
| Taxes, remuneration and social security | 45 | €24,430 | €29,709 | +€5,280 | +21.6% |
| Taxes | 450/3 | - | €8,356 | +€8,356 | |
| Remuneration and social security | 454/9 | €24,430 | €21,353 | -€3,077 | -12.6% |
| Other amounts payable | 47/48 | €112,887 | €50,810 | -€62,077 | -55.0% |
| Accrued charges and deferred income | 492/3 | €7,420 | - | -€7,420 | |
| Remuneration, social security and pensions | 62 | €399,305 | €391,461 | -€7,844 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,662 | €59,637 | -€3,026 | -4.8% |
| Other operating charges | 640/8 | €7,109 | €12,391 | +€5,282 | +74.3% |
| Gross operating margin | 9900 | €503,676 | €434,229 | -€69,446 | -13.8% |
| Operating profit (loss) | 9901 | €34,600 | -€29,259 | -€63,859 | |
| Financial income | 75/76B | €232 | €594 | +€362 | +156% |
| Recurring financial income | 75 | €232 | €594 | +€362 | +156% |
| Financial charges | 65/66B | €10,770 | €507 | -€10,263 | -95.3% |
| Recurring financial charges | 65 | €10,770 | €507 | -€10,263 | -95.3% |
| Profit (loss) for the period before taxes | 9903 | €24,062 | -€29,172 | -€53,234 | |
| Income taxes | 67/77 | €290 | €238 | -€53 | -18.1% |
| Profit (loss) for the period | 9904 | €23,771 | -€29,410 | -€53,181 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,771 | -€29,410 | -€53,181 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.