Knechtjeshuis: 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.
Knechtjeshuis
Largest movements
- Receivables within one year +€11,464
up €11,464, from €0 to €11,464
of which Other amounts receivable: +€11,464
- Cash +€6,078
up €6,078 (+21.8%), from €27,934 to €34,012
mainly Net result for the year (+€45,954) and Tax, wage and social debts (+€23,723)
- Tangible fixed assets +€3,925
up €3,925 (+4.8%), from €80,952 to €84,876
of which Furniture and vehicles: +€13,141
- Profit (loss) carried forward +€32,164
up €32,164, from -€32,164 to €0
- Other debts -€30,485
down €30,485 (-100%), from €30,485 to €0
- Tax, wage and social debts +€23,723
up €23,723 (+87.8%), from €27,024 to €50,747
of which Taxes: +€26,139
- Reserves +€13,790
up €13,790 (+1,850%), from €745 to €14,536
- Trade debts -€9,111
down €9,111 (-18.8%), from €48,348 to €39,237
- Gross operating margin +€52,901
up €52,901 (+36.0%), from €146,990 to €199,890
- Staff costs -€31,585
down €31,585 (-21.9%), from €144,461 to €112,877
- Taxes +€11,874
new in 2025: €11,874
- Depreciation +€8,182
up €8,182 (+71.5%), from €11,450 to €19,631
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 | €120,685 | €142,153 | +€21,468 | +17.8% |
| Fixed assets | 21/28 | €88,752 | €92,676 | +€3,925 | +4.4% |
| Tangible fixed assets | 22/27 | €80,952 | €84,876 | +€3,925 | +4.8% |
| Plant, machinery and equipment | 23 | €73,093 | €65,155 | -€7,938 | -10.9% |
| Furniture and vehicles | 24 | €2,280 | €15,422 | +€13,141 | +576% |
| Other tangible fixed assets | 26 | €5,578 | €4,300 | -€1,278 | -22.9% |
| Financial fixed assets | 28 | €7,800 | €7,800 | = | 0.0% |
| Current assets | 29/58 | €31,934 | €49,476 | +€17,543 | +54.9% |
| Stocks and contracts in progress | 3 | €4,000 | €4,000 | = | 0.0% |
| Stocks | 30/36 | €4,000 | €4,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €0 | €11,464 | +€11,464 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €11,464 | +€11,464 | |
| Cash at bank and in hand | 54/58 | €27,934 | €34,012 | +€6,078 | +21.8% |
| Total equity and liabilities | 10/49 | €120,685 | €142,153 | +€21,468 | +17.8% |
| Equity | 10/15 | -€1,418 | €44,536 | +€45,954 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €745 | €14,536 | +€13,790 | +1,850% |
| Distributable reserves | 133 | €745 | €14,536 | +€13,790 | +1,850% |
| Profit (loss) carried forward | 14 | -€32,164 | €0 | +€32,164 | |
| Amounts payable | 17/49 | €122,103 | €97,617 | -€24,486 | -20.1% |
| Amounts payable after more than one year | 17 | €7,633 | €0 | -€7,633 | -100% |
| Financial debts | 170/4 | €7,633 | €0 | -€7,633 | -100% |
| Amounts payable within one year | 42/48 | €114,470 | €97,617 | -€16,853 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €8,613 | €7,633 | -€980 | -11.4% |
| Trade debts | 44 | €48,348 | €39,237 | -€9,111 | -18.8% |
| Suppliers | 440/4 | €48,348 | €39,237 | -€9,111 | -18.8% |
| Taxes, remuneration and social security | 45 | €27,024 | €50,747 | +€23,723 | +87.8% |
| Taxes | 450/3 | €11,430 | €37,569 | +€26,139 | +229% |
| Remuneration and social security | 454/9 | €15,594 | €13,178 | -€2,416 | -15.5% |
| Other amounts payable | 47/48 | €30,485 | €0 | -€30,485 | -100% |
| Remuneration, social security and pensions | 62 | €144,461 | €112,877 | -€31,585 | -21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,450 | €19,631 | +€8,182 | +71.5% |
| Other operating charges | 640/8 | €6,373 | €6,242 | -€131 | -2.1% |
| Gross operating margin | 9900 | €146,990 | €199,890 | +€52,901 | +36.0% |
| Operating profit (loss) | 9901 | -€15,294 | €61,140 | +€76,434 | |
| Financial income | 75/76B | €221 | €34 | -€187 | -84.5% |
| Recurring financial income | 75 | €221 | €34 | -€187 | -84.5% |
| Financial charges | 65/66B | €3,534 | €3,346 | -€188 | -5.3% |
| Recurring financial charges | 65 | €3,534 | €3,346 | -€188 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,607 | €57,828 | +€76,435 | |
| Income taxes | 67/77 | - | €11,874 | +€11,874 | |
| Profit (loss) for the period | 9904 | -€18,607 | €45,954 | +€64,561 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,607 | €45,954 | +€64,561 |
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 18 October 2026 via checked.be.