KN-Advisory: 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.
KN-Advisory
Largest movements
- Cash +€13,014
up €13,014 (+274.0%), from €4,750 to €17,764
mainly Net result for the year (+€19,114) and Tax, wage and social debts (+€4,601)
- Current investments +€3,435
new in 2025: €3,435
- Tangible fixed assets +€1,578
new in 2025: €1,578
- Receivables within one year -€250
down €250 (-10.3%), from €2,432 to €2,182
of which Trade receivables: -€2,012
- Reserves +€18,281
up €18,281 (+2852.0%), from €641 to €18,922
- Other debts -€5,145
down €5,145 (-100.0%), from €5,145 to €0
- Tax, wage and social debts +€4,601
up €4,601 (+1161.5%), from €396 to €4,997
- Gross operating margin +€26,510
up €26,510 (+3114.3%), from €851 to €27,361
- Taxes +€5,352
up €5,352 (+3340.0%), from €160 to €5,513
- Financial charges +€1,882
new in 2025: €1,882
- Depreciation +€760
new in 2025: €760
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 | €7,182 | €24,958 | +€17,776 | +247.5% |
| Fixed assets | 21/28 | - | €1,578 | +€1,578 | |
| Tangible fixed assets | 22/27 | - | €1,578 | +€1,578 | |
| Furniture and vehicles | 24 | - | €1,578 | +€1,578 | |
| Current assets | 29/58 | €7,182 | €23,380 | +€16,198 | +225.5% |
| Amounts receivable within one year | 40/41 | €2,432 | €2,182 | -€250 | -10.3% |
| Trade receivables | 40 | €2,432 | €420 | -€2,012 | -82.7% |
| Other amounts receivable | 41 | - | €1,762 | +€1,762 | |
| Current investments | 50/53 | - | €3,435 | +€3,435 | |
| Cash at bank and in hand | 54/58 | €4,750 | €17,764 | +€13,014 | +274.0% |
| Total equity and liabilities | 10/49 | €7,182 | €24,958 | +€17,776 | +247.5% |
| Equity | 10/15 | €1,641 | €19,922 | +€18,281 | +1114.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €641 | €18,922 | +€18,281 | +2852.0% |
| Distributable reserves | 133 | €641 | €18,922 | +€18,281 | +2852.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €5,541 | €5,036 | -€505 | -9.1% |
| Amounts payable within one year | 42/48 | €5,541 | €5,036 | -€505 | -9.1% |
| Trade debts | 44 | - | €39 | +€39 | |
| Suppliers | 440/4 | - | €39 | +€39 | |
| Taxes, remuneration and social security | 45 | €396 | €4,997 | +€4,601 | +1161.5% |
| Taxes | 450/3 | €396 | €4,997 | +€4,601 | +1161.5% |
| Other amounts payable | 47/48 | €5,145 | €0 | -€5,145 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €760 | +€760 | |
| Other operating charges | 640/8 | €50 | €183 | +€133 | +266.8% |
| Gross operating margin | 9900 | €851 | €27,361 | +€26,510 | +3114.3% |
| Operating profit (loss) | 9901 | €801 | €26,418 | +€25,616 | +3197.1% |
| Financial income | 75/76B | - | €91 | +€91 | |
| Recurring financial income | 75 | - | €91 | +€91 | |
| Financial charges | 65/66B | - | €1,882 | +€1,882 | |
| Recurring financial charges | 65 | - | €1,882 | +€1,882 | |
| Profit (loss) for the period before taxes | 9903 | €801 | €24,627 | +€23,825 | +2973.6% |
| Income taxes | 67/77 | €160 | €5,513 | +€5,352 | +3340.0% |
| Profit (loss) for the period | 9904 | €641 | €19,114 | +€18,473 | +2881.9% |
| Profit (loss) for the period to be appropriated | 9905 | €641 | €19,114 | +€18,473 | +2881.9% |
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 7 October 2026 via checked.be.