Dr. Dierickx – KNO: 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.
Dr. Dierickx – KNO
Largest movements
- Deferred charges and accrued income +€64,147
up €64,147 (+808%), from €7,943 to €72,091
- Cash -€62,390
down €62,390 (-97.8%), from €63,780 to €1,390
mainly Contributions, distributions and other (-€278,896) and Deferred charges and accrued income (-€64,147)
- Current investments +€60,000
new in 2025: €60,000
- Receivables within one year -€23,491
down €23,491 (-99.5%), from €23,598 to €107
- Tangible fixed assets +€4,210
up €4,210 (+63.7%), from €6,606 to €10,816
of which Furniture and vehicles: +€2,324
- Tax, wage and social debts +€38,043
up €38,043 (+3,170%), from €1,200 to €39,243
- Other debts +€2,632
up €2,632 (+4.1%), from €63,862 to €66,494
- Trade debts +€1,812
up €1,812 (+160%), from €1,131 to €2,943
- Gross operating margin +€310,244
up €310,244 (+524%), from €59,199 to €369,443
- Taxes +€75,775
up €75,775 (+621%), from €12,207 to €87,982
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 | €101,928 | €144,404 | +€42,476 | +41.7% |
| Fixed assets | 21/28 | €6,606 | €10,816 | +€4,210 | +63.7% |
| Tangible fixed assets | 22/27 | €6,606 | €10,816 | +€4,210 | +63.7% |
| Plant, machinery and equipment | 23 | - | €1,886 | +€1,886 | |
| Furniture and vehicles | 24 | €6,606 | €8,930 | +€2,324 | +35.2% |
| Current assets | 29/58 | €95,322 | €133,588 | +€38,266 | +40.1% |
| Amounts receivable within one year | 40/41 | €23,598 | €107 | -€23,491 | -99.5% |
| Other amounts receivable | 41 | €23,598 | €107 | -€23,491 | -99.5% |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €63,780 | €1,390 | -€62,390 | -97.8% |
| Deferred charges and accrued income | 490/1 | €7,943 | €72,091 | +€64,147 | +808% |
| Total equity and liabilities | 10/49 | €101,928 | €144,404 | +€42,476 | +41.7% |
| Equity | 10/15 | €35,724 | €35,724 | = | 0.0% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €26,724 | €26,724 | = | 0.0% |
| Distributable reserves | 133 | €26,724 | €26,724 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €66,204 | €108,680 | +€42,476 | +64.2% |
| Amounts payable within one year | 42/48 | €66,193 | €108,680 | +€42,487 | +64.2% |
| Trade debts | 44 | €1,131 | €2,943 | +€1,812 | +160% |
| Suppliers | 440/4 | €1,131 | €2,943 | +€1,812 | +160% |
| Taxes, remuneration and social security | 45 | €1,200 | €39,243 | +€38,043 | +3,170% |
| Taxes | 450/3 | €1,200 | €39,243 | +€38,043 | +3,170% |
| Other amounts payable | 47/48 | €63,862 | €66,494 | +€2,632 | +4.1% |
| Accrued charges and deferred income | 492/3 | €11 | €0 | -€11 | -100% |
| Non-recurring operating income | 76A | - | €12,250 | +€12,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,628 | €2,271 | -€356 | -13.6% |
| Other operating charges | 640/8 | €1,184 | €1,048 | -€136 | -11.5% |
| Non-recurring operating charges | 66A | - | €92 | +€92 | |
| Gross operating margin | 9900 | €59,199 | €369,443 | +€310,244 | +524% |
| Operating profit (loss) | 9901 | €55,388 | €366,032 | +€310,644 | +561% |
| Financial income | 75/76B | €1,635 | €920 | -€715 | -43.7% |
| Recurring financial income | 75 | €1,635 | €920 | -€715 | -43.7% |
| Financial charges | 65/66B | €225 | €74 | -€150 | -66.9% |
| Recurring financial charges | 65 | €225 | €74 | -€150 | -66.9% |
| Profit (loss) for the period before taxes | 9903 | €56,798 | €366,878 | +€310,080 | +546% |
| Income taxes | 67/77 | €12,207 | €87,982 | +€75,775 | +621% |
| Profit (loss) for the period | 9904 | €44,591 | €278,896 | +€234,305 | +525% |
| Profit (loss) for the period to be appropriated | 9905 | €44,591 | €278,896 | +€234,305 | +525% |
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 31 October 2026 via checked.be.