KNC GROUP: 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.
KNC GROUP
Largest movements
- Deferred charges and accrued income -€158,725
no longer reported in 2025 (was €158,725)
- Receivables within one year -€10,217
down €10,217 (-2.5%), from €416,580 to €406,363
of which Trade receivables: -€302,373
- Trade debts -€175,624
down €175,624 (-48.5%), from €361,816 to €186,192
- Staff costs +€23,815
up €23,815 (+179.8%), from €13,244 to €37,059
- Taxes -€5,243
down €5,243 (-51.8%), from €10,130 to €4,888
- Other operating charges +€4,384
up €4,384 (+68.5%), from €6,396 to €10,780
- Gross operating margin +€2,376
up €2,376 (+4.5%), from €52,753 to €55,128
- Financial charges -€1,730
down €1,730 (-85.1%), from €2,032 to €302
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 | €579,408 | €408,988 | -€170,420 | -29.4% |
| Fixed assets | 21/28 | - | €120 | +€120 | |
| Financial fixed assets | 28 | - | €120 | +€120 | |
| Current assets | 29/58 | €579,408 | €408,868 | -€170,540 | -29.4% |
| Amounts receivable within one year | 40/41 | €416,580 | €406,363 | -€10,217 | -2.5% |
| Trade receivables | 40 | €330,431 | €28,058 | -€302,373 | -91.5% |
| Other amounts receivable | 41 | €86,148 | €378,305 | +€292,157 | +339.1% |
| Cash at bank and in hand | 54/58 | €4,103 | €2,505 | -€1,598 | -39.0% |
| Deferred charges and accrued income | 490/1 | €158,725 | - | -€158,725 | |
| Total equity and liabilities | 10/49 | €579,408 | €408,988 | -€170,420 | -29.4% |
| Equity | 10/15 | €120,336 | €122,436 | +€2,100 | +1.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,386 | €16,386 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,526 | €14,526 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,750 | €99,850 | +€2,100 | +2.1% |
| Amounts payable | 17/49 | €459,072 | €286,552 | -€172,520 | -37.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €459,072 | €286,552 | -€172,520 | -37.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €361,816 | €186,192 | -€175,624 | -48.5% |
| Suppliers | 440/4 | €361,816 | €186,192 | -€175,624 | -48.5% |
| Taxes, remuneration and social security | 45 | €26,355 | €29,434 | +€3,079 | +11.7% |
| Taxes | 450/3 | €18,737 | €14,616 | -€4,122 | -22.0% |
| Remuneration and social security | 454/9 | €7,618 | €14,819 | +€7,201 | +94.5% |
| Other amounts payable | 47/48 | €70,901 | €70,926 | +€25 | 0.0% |
| Remuneration, social security and pensions | 62 | €13,244 | €37,059 | +€23,815 | +179.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €6,396 | €10,780 | +€4,384 | +68.5% |
| Gross operating margin | 9900 | €52,753 | €55,128 | +€2,376 | +4.5% |
| Operating profit (loss) | 9901 | €33,113 | €7,290 | -€25,823 | -78.0% |
| Financial charges | 65/66B | €2,032 | €302 | -€1,730 | -85.1% |
| Recurring financial charges | 65 | €2,032 | €302 | -€1,730 | -85.1% |
| Profit (loss) for the period before taxes | 9903 | €31,081 | €6,988 | -€24,093 | -77.5% |
| Income taxes | 67/77 | €10,130 | €4,888 | -€5,243 | -51.8% |
| Profit (loss) for the period | 9904 | €20,951 | €2,100 | -€18,850 | -90.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,951 | €2,100 | -€18,850 | -90.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.