KNAFEH: 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.
KNAFEH
Largest movements
- Cash -€3,739
down €3,739 (-43.8%), from €8,530 to €4,791
mainly Deferred charges and accrued income (-€2,654) and Net result for the year (-€1,087)
- Deferred charges and accrued income +€2,654
up €2,654, from €0 to €2,654
- Receivables within one year -€1,031
down €1,031 (-18.1%), from €5,700 to €4,669
- Profit (loss) carried forward -€1,087
down €1,087 (-2.2%), from -€49,273 to -€50,360
- Other debts -€1,080
down €1,080 (-1.7%), from €62,155 to €61,075
- Gross operating margin +€5,273
up €5,273 (+93.8%), from -€5,620 to -€347
- Other operating charges -€593
down €593 (-59.7%), from €993 to €400
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 | €14,230 | €12,114 | -€2,116 | -14.9% |
| Current assets | 29/58 | €14,230 | €12,114 | -€2,116 | -14.9% |
| Amounts receivable within one year | 40/41 | €5,700 | €4,669 | -€1,031 | -18.1% |
| Other amounts receivable | 41 | €5,700 | €4,669 | -€1,031 | -18.1% |
| Cash at bank and in hand | 54/58 | €8,530 | €4,791 | -€3,739 | -43.8% |
| Deferred charges and accrued income | 490/1 | €0 | €2,654 | +€2,654 | |
| Total equity and liabilities | 10/49 | €14,230 | €12,114 | -€2,116 | -14.9% |
| Equity | 10/15 | -€48,273 | -€49,360 | -€1,087 | -2.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,273 | -€50,360 | -€1,087 | -2.2% |
| Amounts payable | 17/49 | €62,503 | €61,474 | -€1,029 | -1.6% |
| Amounts payable within one year | 42/48 | €62,503 | €61,474 | -€1,029 | -1.6% |
| Trade debts | 44 | €348 | €400 | +€51 | +14.7% |
| Suppliers | 440/4 | €348 | €400 | +€51 | +14.7% |
| Other amounts payable | 47/48 | €62,155 | €61,075 | -€1,080 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €993 | €400 | -€593 | -59.7% |
| Gross operating margin | 9900 | -€5,620 | -€347 | +€5,273 | +93.8% |
| Operating profit (loss) | 9901 | -€6,613 | -€747 | +€5,865 | +88.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €313 | €340 | +€26 | +8.4% |
| Recurring financial charges | 65 | €313 | €340 | +€26 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,926 | -€1,087 | +€5,839 | +84.3% |
| Profit (loss) for the period | 9904 | -€6,926 | -€1,087 | +€5,839 | +84.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,926 | -€1,087 | +€5,839 | +84.3% |
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 18 October 2026 via checked.be.