Knalgeel: 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.
Knalgeel
Largest movements
- Receivables within one year +€8,692
up €8,692 (+24.7%), from €35,132 to €43,824
of which Other amounts receivable: +€8,773
- Tangible fixed assets -€7,898
down €7,898 (-34.6%), from €22,828 to €14,930
- Other debts -€27,740
down €27,740 (-81.4%), from €34,097 to €6,357
- Reserves +€20,000
up €20,000 (+20.0%), from €100,000 to €120,000
- Profit (loss) carried forward +€6,814
up €6,814 (+238%), from €2,863 to €9,677
- Gross operating margin -€11,103
down €11,103 (-20.3%), from €54,714 to €43,611
- Taxes -€7,728
down €7,728 (-54.8%), from €14,100 to €6,372
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 | €171,865 | €172,713 | +€848 | +0.5% |
| Fixed assets | 21/28 | €22,828 | €14,930 | -€7,898 | -34.6% |
| Tangible fixed assets | 22/27 | €22,828 | €14,930 | -€7,898 | -34.6% |
| Furniture and vehicles | 24 | €22,828 | €14,930 | -€7,898 | -34.6% |
| Current assets | 29/58 | €149,037 | €157,783 | +€8,746 | +5.9% |
| Amounts receivable within one year | 40/41 | €35,132 | €43,824 | +€8,692 | +24.7% |
| Trade receivables | 40 | €34,232 | €34,151 | -€81 | -0.2% |
| Other amounts receivable | 41 | €900 | €9,673 | +€8,773 | +975% |
| Cash at bank and in hand | 54/58 | €112,724 | €113,502 | +€778 | +0.7% |
| Deferred charges and accrued income | 490/1 | €1,181 | €457 | -€724 | -61.3% |
| Total equity and liabilities | 10/49 | €171,865 | €172,713 | +€848 | +0.5% |
| Equity | 10/15 | €116,840 | €143,654 | +€26,814 | +22.9% |
| Contributions | 10/11 | €13,977 | €13,977 | = | 0.0% |
| Reserves | 13 | €100,000 | €120,000 | +€20,000 | +20.0% |
| Non-distributable reserves | 130/1 | €100,000 | €120,000 | +€20,000 | +20.0% |
| Other | 1319 | €100,000 | €120,000 | +€20,000 | +20.0% |
| Profit (loss) carried forward | 14 | €2,863 | €9,677 | +€6,814 | +238% |
| Amounts payable | 17/49 | €55,025 | €29,059 | -€25,966 | -47.2% |
| Amounts payable within one year | 42/48 | €55,025 | €29,059 | -€25,966 | -47.2% |
| Trade debts | 44 | €8,421 | €9,955 | +€1,534 | +18.2% |
| Suppliers | 440/4 | €8,421 | €9,955 | +€1,534 | +18.2% |
| Taxes, remuneration and social security | 45 | €12,507 | €12,747 | +€240 | +1.9% |
| Taxes | 450/3 | €7,792 | €7,997 | +€205 | +2.6% |
| Remuneration and social security | 454/9 | €4,715 | €4,750 | +€35 | +0.7% |
| Other amounts payable | 47/48 | €34,097 | €6,357 | -€27,740 | -81.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,253 | €9,617 | +€364 | +3.9% |
| Other operating charges | 640/8 | €1,018 | €723 | -€295 | -29.0% |
| Gross operating margin | 9900 | €54,714 | €43,611 | -€11,103 | -20.3% |
| Operating profit (loss) | 9901 | €44,443 | €33,271 | -€11,172 | -25.1% |
| Financial income | 75/76B | €30 | - | -€30 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Financial charges | 65/66B | €143 | €85 | -€58 | -40.6% |
| Recurring financial charges | 65 | €143 | €85 | -€58 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | €44,330 | €33,186 | -€11,144 | -25.1% |
| Income taxes | 67/77 | €14,100 | €6,372 | -€7,728 | -54.8% |
| Profit (loss) for the period | 9904 | €30,230 | €26,814 | -€3,416 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,230 | €26,814 | -€3,416 | -11.3% |
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 29 October 2026 via checked.be.