KNAPEN: 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.
KNAPEN
Largest movements
- Stocks and contracts -€4,659
no longer reported in 2025 (was €4,659)
- Receivables within one year -€2,319
no longer reported in 2025 (was €2,319)
of which Other amounts receivable: -€1,593
- Cash -€444
down €444 (-54.8%), from €810 to €366
mainly Trade debts (-€7,046) and Other debts (-€6,144)
- Deferred charges and accrued income -€188
no longer reported in 2025 (was €188)
- Trade debts -€7,046
no longer reported in 2025 (was €7,046)
- Other debts -€6,144
down €6,144 (-4.5%), from €137,513 to €131,369
- Current portion of long-term debt +€4,800
new in 2025: €4,800
- Profit (loss) carried forward +€4,234
up €4,234 (+3.0%), from -€141,944 to -€137,710
- Tax, wage and social debts -€3,454
down €3,454 (-83.2%), from €4,151 to €697
of which Remuneration and social security: -€3,517
- Staff costs -€45,083
down €45,083 (-84.7%), from €53,203 to €8,120
- Gross operating margin -€8,070
down €8,070 (-33.0%), from €24,466 to €16,396
- Financial charges -€6,011
down €6,011 (-68.2%), from €8,817 to €2,806
- Other operating charges -€1,265
down €1,265 (-50.6%), from €2,501 to €1,236
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 | €12,966 | €5,356 | -€7,610 | -58.7% |
| Fixed assets | 21/28 | €4,990 | €4,990 | = | 0.0% |
| Financial fixed assets | 28 | €4,990 | €4,990 | = | 0.0% |
| Current assets | 29/58 | €7,976 | €366 | -€7,610 | -95.4% |
| Stocks and contracts in progress | 3 | €4,659 | - | -€4,659 | |
| Stocks | 30/36 | €4,659 | - | -€4,659 | |
| Amounts receivable within one year | 40/41 | €2,319 | - | -€2,319 | |
| Trade receivables | 40 | €726 | - | -€726 | |
| Other amounts receivable | 41 | €1,593 | - | -€1,593 | |
| Cash at bank and in hand | 54/58 | €810 | €366 | -€444 | -54.8% |
| Deferred charges and accrued income | 490/1 | €188 | - | -€188 | |
| Total equity and liabilities | 10/49 | €12,966 | €5,356 | -€7,610 | -58.7% |
| Equity | 10/15 | -€135,744 | -€131,510 | +€4,234 | +3.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€141,944 | -€137,710 | +€4,234 | +3.0% |
| Amounts payable | 17/49 | €148,710 | €136,866 | -€11,844 | -8.0% |
| Amounts payable within one year | 42/48 | €148,710 | €136,866 | -€11,844 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | - | €4,800 | +€4,800 | |
| Trade debts | 44 | €7,046 | - | -€7,046 | |
| Suppliers | 440/4 | €7,046 | - | -€7,046 | |
| Taxes, remuneration and social security | 45 | €4,151 | €697 | -€3,454 | -83.2% |
| Taxes | 450/3 | €634 | €697 | +€63 | +9.9% |
| Remuneration and social security | 454/9 | €3,517 | - | -€3,517 | |
| Other amounts payable | 47/48 | €137,513 | €131,369 | -€6,144 | -4.5% |
| Remuneration, social security and pensions | 62 | €53,203 | €8,120 | -€45,083 | -84.7% |
| Other operating charges | 640/8 | €2,501 | €1,236 | -€1,265 | -50.6% |
| Gross operating margin | 9900 | €24,466 | €16,396 | -€8,070 | -33.0% |
| Operating profit (loss) | 9901 | -€31,238 | €7,040 | +€38,278 | |
| Financial charges | 65/66B | €8,817 | €2,806 | -€6,011 | -68.2% |
| Recurring financial charges | 65 | €8,817 | €2,806 | -€6,011 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | -€40,055 | €4,234 | +€44,289 | |
| Profit (loss) for the period | 9904 | -€40,055 | €4,234 | +€44,289 | |
| Profit (loss) for the period to be appropriated | 9905 | -€40,055 | €4,234 | +€44,289 |
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 13 October 2026 via checked.be.