Knapen Agro: 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 Agro
Largest movements
- Cash +€430,592
up €430,592 (+287%), from €150,202 to €580,795
mainly Net result for the year (+€246,339) and Receivables within one year (+€110,639)
- Receivables within one year -€110,639
down €110,639 (-14.6%), from €758,131 to €647,492
of which Trade receivables: -€79,714
- Current investments +€34,049
up €34,049 (+42.4%), from €80,300 to €114,349
- Receivables after one year +€20,000
up €20,000 (+5.0%), from €400,000 to €420,000
- Reserves +€246,339
up €246,339 (+28.2%), from €874,443 to €1.1m
- Trade debts +€89,742
up €89,742 (+16.1%), from €556,105 to €645,847
- Tax, wage and social debts +€23,846
up €23,846 (+144%), from €16,606 to €40,452
of which Taxes: +€24,894
- Gross operating margin +€100,554
up €100,554 (+17.5%), from €576,167 to €676,721
- Staff costs +€42,080
up €42,080 (+87.2%), from €48,242 to €90,322
- Write-downs +€18,514
new in 2025: €18,514
- Taxes +€14,759
up €14,759 (+21.5%), from €68,601 to €83,359
- Other operating charges -€12,322
down €12,322 (-5.1%), from €240,517 to €228,195
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 | €1,486,769 | €1,851,452 | +€364,683 | +24.5% |
| Fixed assets | 21/28 | €98,060 | €86,793 | -€11,267 | -11.5% |
| Tangible fixed assets | 22/27 | €98,060 | €86,793 | -€11,267 | -11.5% |
| Land and buildings | 22 | €2,453 | €2,169 | -€285 | -11.6% |
| Plant, machinery and equipment | 23 | €6,676 | €18,041 | +€11,365 | +170% |
| Furniture and vehicles | 24 | €88,931 | €66,583 | -€22,347 | -25.1% |
| Current assets | 29/58 | €1,388,709 | €1,764,659 | +€375,950 | +27.1% |
| Amounts receivable after more than one year | 29 | €400,000 | €420,000 | +€20,000 | +5.0% |
| Trade receivables | 290 | €400,000 | €420,000 | +€20,000 | +5.0% |
| Amounts receivable within one year | 40/41 | €758,131 | €647,492 | -€110,639 | -14.6% |
| Trade receivables | 40 | €715,296 | €635,581 | -€79,714 | -11.1% |
| Other amounts receivable | 41 | €42,835 | €11,911 | -€30,924 | -72.2% |
| Current investments | 50/53 | €80,300 | €114,349 | +€34,049 | +42.4% |
| Cash at bank and in hand | 54/58 | €150,202 | €580,795 | +€430,592 | +287% |
| Deferred charges and accrued income | 490/1 | €75 | €2,023 | +€1,947 | +2,594% |
| Total equity and liabilities | 10/49 | €1,486,769 | €1,851,452 | +€364,683 | +24.5% |
| Equity | 10/15 | €894,443 | €1,140,782 | +€246,339 | +27.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €874,443 | €1,120,782 | +€246,339 | +28.2% |
| Distributable reserves | 133 | €874,443 | €1,120,782 | +€246,339 | +28.2% |
| Amounts payable | 17/49 | €592,326 | €710,670 | +€118,344 | +20.0% |
| Amounts payable within one year | 42/48 | €592,326 | €710,670 | +€118,344 | +20.0% |
| Trade debts | 44 | €556,105 | €645,847 | +€89,742 | +16.1% |
| Suppliers | 440/4 | €556,105 | €645,847 | +€89,742 | +16.1% |
| Taxes, remuneration and social security | 45 | €16,606 | €40,452 | +€23,846 | +144% |
| Taxes | 450/3 | €2,488 | €27,382 | +€24,894 | +1,001% |
| Remuneration and social security | 454/9 | €14,118 | €13,070 | -€1,048 | -7.4% |
| Other amounts payable | 47/48 | €19,615 | €24,372 | +€4,756 | +24.2% |
| Remuneration, social security and pensions | 62 | €48,242 | €90,322 | +€42,080 | +87.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,068 | €27,357 | +€5,289 | +24.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €18,514 | +€18,514 | |
| Other operating charges | 640/8 | €240,517 | €228,195 | -€12,322 | -5.1% |
| Gross operating margin | 9900 | €576,167 | €676,721 | +€100,554 | +17.5% |
| Operating profit (loss) | 9901 | €265,340 | €312,332 | +€46,992 | +17.7% |
| Financial income | 75/76B | €9,872 | €17,931 | +€8,059 | +81.6% |
| Recurring financial income | 75 | €9,872 | €17,931 | +€8,059 | +81.6% |
| Financial charges | 65/66B | €293 | €565 | +€271 | +92.6% |
| Recurring financial charges | 65 | €293 | €565 | +€271 | +92.6% |
| Profit (loss) for the period before taxes | 9903 | €274,919 | €329,698 | +€54,779 | +19.9% |
| Income taxes | 67/77 | €68,601 | €83,359 | +€14,759 | +21.5% |
| Profit (loss) for the period | 9904 | €206,318 | €246,339 | +€40,021 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €206,318 | €246,339 | +€40,021 | +19.4% |
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 27 October 2026 via checked.be.