KNAP Project: 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.
KNAP Project
Largest movements
- Receivables within one year -€6,171
down €6,171 (-98.6%), from €6,257 to €87
- Stocks and contracts +€3,921
up €3,921 (+3.7%), from €105,965 to €109,885
- Cash +€2,197
up €2,197 (+58.8%), from €3,735 to €5,933
mainly Other debts (+€58,742) and Receivables within one year (+€6,171)
- Other debts +€58,742
up €58,742 (+9.0%), from €649,807 to €708,549
- Trade debts -€33,127
down €33,127 (-59.1%), from €56,046 to €22,920
- Profit (loss) carried forward -€25,669
down €25,669 (-3.9%), from -€651,396 to -€677,064
- Other operating charges -€228
down €228 (-64.0%), from €356 to €128
- Financial charges +€163
up €163 (+0.7%), from €24,052 to €24,215
- Gross operating margin +€58
up €58 (+4.2%), from -€1,383 to -€1,325
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 | €115,957 | €115,904 | -€53 | 0.0% |
| Current assets | 29/58 | €115,957 | €115,904 | -€53 | 0.0% |
| Stocks and contracts in progress | 3 | €105,965 | €109,885 | +€3,921 | +3.7% |
| Stocks | 30/36 | €105,965 | €109,885 | +€3,921 | +3.7% |
| Amounts receivable within one year | 40/41 | €6,257 | €87 | -€6,171 | -98.6% |
| Other amounts receivable | 41 | €6,257 | €87 | -€6,171 | -98.6% |
| Cash at bank and in hand | 54/58 | €3,735 | €5,933 | +€2,197 | +58.8% |
| Total equity and liabilities | 10/49 | €115,957 | €115,904 | -€53 | 0.0% |
| Equity | 10/15 | -€589,896 | -€615,564 | -€25,669 | -4.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€651,396 | -€677,064 | -€25,669 | -3.9% |
| Amounts payable | 17/49 | €705,853 | €731,469 | +€25,616 | +3.6% |
| Amounts payable within one year | 42/48 | €705,853 | €731,469 | +€25,616 | +3.6% |
| Trade debts | 44 | €56,046 | €22,920 | -€33,127 | -59.1% |
| Suppliers | 440/4 | €56,046 | €22,920 | -€33,127 | -59.1% |
| Other amounts payable | 47/48 | €649,807 | €708,549 | +€58,742 | +9.0% |
| Other operating charges | 640/8 | €356 | €128 | -€228 | -64.0% |
| Gross operating margin | 9900 | -€1,383 | -€1,325 | +€58 | +4.2% |
| Operating profit (loss) | 9901 | -€1,739 | -€1,453 | +€286 | +16.5% |
| Financial charges | 65/66B | €24,052 | €24,215 | +€163 | +0.7% |
| Recurring financial charges | 65 | €24,052 | €24,215 | +€163 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€25,791 | -€25,669 | +€123 | +0.5% |
| Profit (loss) for the period | 9904 | -€25,791 | -€25,669 | +€123 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,791 | -€25,669 | +€123 | +0.5% |
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 4 October 2026 via checked.be.