KN HOME: 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.
KN HOME
Largest movements
- Tangible fixed assets -€17,762
down €17,762 (-4.7%), from €378,867 to €361,105
- Cash +€7,965
up €7,965 (+3,855%), from €207 to €8,171
mainly Net result for the year (+€24,162) and Depreciation (+€17,762)
- Debts after one year -€35,666
down €35,666 (-18.3%), from €194,505 to €158,840
of which Financial debts: -€35,666
- Reserves +€24,160
up €24,160 (+225%), from €10,721 to €34,882
of which Distributable reserves: +€24,160
- Advances received -€20,036
down €20,036 (-100%), from €20,036 to €0
- Tax, wage and social debts +€14,075
up €14,075 (+182%), from €7,728 to €21,804
- Short-term financial debts +€10,554
new in 2025: €10,554
- Gross operating margin +€11,145
up €11,145 (+22.4%), from €49,788 to €60,933
- Taxes +€4,151
up €4,151 (+57.4%), from €7,231 to €11,383
- Other operating charges -€1,951
down €1,951 (-50.0%), from €3,901 to €1,950
- Depreciation -€1,403
down €1,403 (-7.3%), from €19,165 to €17,762
- Financial charges -€891
down €891 (-13.6%), from €6,567 to €5,676
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 | €407,526 | €397,781 | -€9,745 | -2.4% |
| Fixed assets | 21/28 | €379,117 | €361,355 | -€17,762 | -4.7% |
| Tangible fixed assets | 22/27 | €378,867 | €361,105 | -€17,762 | -4.7% |
| Land and buildings | 22 | €378,867 | €361,105 | -€17,762 | -4.7% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €28,410 | €36,427 | +€8,017 | +28.2% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,559 | €16,450 | -€109 | -0.7% |
| Trade receivables | 40 | €16,559 | €16,335 | -€224 | -1.4% |
| Other amounts receivable | 41 | €0 | €115 | +€115 | |
| Cash at bank and in hand | 54/58 | €207 | €8,171 | +€7,965 | +3,855% |
| Deferred charges and accrued income | 490/1 | €1,644 | €1,805 | +€161 | +9.8% |
| Total equity and liabilities | 10/49 | €407,526 | €397,781 | -€9,745 | -2.4% |
| Equity | 10/15 | €104,565 | €128,727 | +€24,162 | +23.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,721 | €34,882 | +€24,160 | +225% |
| Non-distributable reserves | 130/1 | €664 | €664 | = | 0.0% |
| Reserves not available under the articles | 1311 | €664 | €664 | = | 0.0% |
| Distributable reserves | 133 | €10,058 | €34,218 | +€24,160 | +240% |
| Profit (loss) carried forward | 14 | €75,244 | €75,246 | +€2 | 0.0% |
| Amounts payable | 17/49 | €302,961 | €269,054 | -€33,907 | -11.2% |
| Amounts payable after more than one year | 17 | €194,505 | €158,840 | -€35,666 | -18.3% |
| Financial debts | 170/4 | €191,005 | €155,340 | -€35,666 | -18.7% |
| Other amounts payable | 178/9 | €3,500 | €3,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €108,456 | €110,214 | +€1,758 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €34,777 | €35,666 | +€888 | +2.6% |
| Financial debts | 43 | - | €10,554 | +€10,554 | |
| Credit institutions | 430/8 | - | €10,554 | +€10,554 | |
| Trade debts | 44 | €2,658 | €5,289 | +€2,632 | +99.0% |
| Suppliers | 440/4 | €2,658 | €5,289 | +€2,632 | +99.0% |
| Advances received on contracts in progress | 46 | €20,036 | €0 | -€20,036 | -100% |
| Taxes, remuneration and social security | 45 | €7,728 | €21,804 | +€14,075 | +182% |
| Taxes | 450/3 | €7,728 | €21,804 | +€14,075 | +182% |
| Other amounts payable | 47/48 | €43,256 | €36,902 | -€6,355 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,165 | €17,762 | -€1,403 | -7.3% |
| Other operating charges | 640/8 | €3,901 | €1,950 | -€1,951 | -50.0% |
| Non-recurring operating charges | 66A | €2,866 | €0 | -€2,866 | -100% |
| Gross operating margin | 9900 | €49,788 | €60,933 | +€11,145 | +22.4% |
| Operating profit (loss) | 9901 | €23,856 | €41,221 | +€17,365 | +72.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,567 | €5,676 | -€891 | -13.6% |
| Recurring financial charges | 65 | €6,567 | €5,676 | -€891 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €17,289 | €35,545 | +€18,256 | +106% |
| Income taxes | 67/77 | €7,231 | €11,383 | +€4,151 | +57.4% |
| Profit (loss) for the period | 9904 | €10,058 | €24,162 | +€14,105 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €10,058 | €24,162 | +€14,105 | +140% |
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 29 October 2026 via checked.be.