KnessMeat: 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.
KnessMeat
Largest movements
- Cash +€9,564
up €9,564 (+92.2%), from €10,376 to €19,940
mainly Depreciation (+€29,903) and Current portion of long-term debt (+€14,618)
- Tangible fixed assets -€8,162
down €8,162 (-9.7%), from €84,021 to €75,859
of which Furniture and vehicles: -€10,041
- Receivables within one year +€2,331
up €2,331 (+1171.2%), from €199 to €2,530
of which Other amounts receivable: +€1,499
- Current portion of long-term debt +€14,618
new in 2025: €14,618
- Short-term financial debts -€10,427
no longer reported in 2025 (was €10,427)
- Debts after one year -€7,201
down €7,201 (-29.7%), from €24,210 to €17,009
- Other debts +€6,720
up €6,720 (+12.6%), from €53,369 to €60,089
- Profit (loss) carried forward -€4,220
down €4,220 (-7.7%), from -€54,890 to -€59,110
- Gross operating margin +€11,569
up €11,569 (+47.8%), from €24,180 to €35,749
- Financial charges +€2,644
up €2,644 (+79.5%), from €3,325 to €5,969
of which Financial charges: +€4,351
- Depreciation +€2,317
up €2,317 (+8.4%), from €27,586 to €29,903
- Other operating charges -€361
down €361 (-35.3%), from €1,021 to €660
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 | €118,597 | €122,361 | +€3,764 | +3.2% |
| Fixed assets | 21/28 | €84,021 | €75,859 | -€8,162 | -9.7% |
| Tangible fixed assets | 22/27 | €84,021 | €75,859 | -€8,162 | -9.7% |
| Plant, machinery and equipment | 23 | €2,820 | €4,700 | +€1,880 | +66.7% |
| Furniture and vehicles | 24 | €81,201 | €71,160 | -€10,041 | -12.4% |
| Current assets | 29/58 | €34,576 | €46,501 | +€11,925 | +34.5% |
| Stocks and contracts in progress | 3 | €20,529 | €19,810 | -€719 | -3.5% |
| Stocks | 30/36 | €20,529 | €19,810 | -€719 | -3.5% |
| Amounts receivable within one year | 40/41 | €199 | €2,530 | +€2,331 | +1171.2% |
| Trade receivables | 40 | €199 | €1,031 | +€832 | +418.0% |
| Other amounts receivable | 41 | - | €1,499 | +€1,499 | |
| Cash at bank and in hand | 54/58 | €10,376 | €19,940 | +€9,564 | +92.2% |
| Deferred charges and accrued income | 490/1 | €3,472 | €4,222 | +€750 | +21.6% |
| Total equity and liabilities | 10/49 | €118,597 | €122,361 | +€3,764 | +3.2% |
| Equity | 10/15 | €1,070 | -€1,869 | -€2,939 | |
| Reserves | 13 | €55,960 | €57,241 | +€1,281 | +2.3% |
| Tax-exempt reserves | 132 | - | €1,280 | +€1,280 | |
| Distributable reserves | 133 | €55,960 | €55,961 | +€1 | 0.0% |
| Profit (loss) carried forward | 14 | -€54,890 | -€59,110 | -€4,220 | -7.7% |
| Provisions and deferred taxes | 16 | - | €320 | +€320 | |
| Deferred taxes | 168 | - | €320 | +€320 | |
| Amounts payable | 17/49 | €117,527 | €123,910 | +€6,383 | +5.4% |
| Amounts payable after more than one year | 17 | €24,210 | €17,009 | -€7,201 | -29.7% |
| Financial debts | 170/4 | €24,210 | €17,009 | -€7,201 | -29.7% |
| Amounts payable within one year | 42/48 | €93,317 | €106,879 | +€13,562 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | - | €14,618 | +€14,618 | |
| Financial debts | 43 | €10,427 | - | -€10,427 | |
| Other loans | 439 | €10,427 | - | -€10,427 | |
| Trade debts | 44 | €29,413 | €30,864 | +€1,451 | +4.9% |
| Suppliers | 440/4 | €29,413 | €30,864 | +€1,451 | +4.9% |
| Taxes, remuneration and social security | 45 | €108 | €1,308 | +€1,200 | +1111.0% |
| Taxes | 450/3 | €108 | €1,308 | +€1,200 | +1111.0% |
| Other amounts payable | 47/48 | €53,369 | €60,089 | +€6,720 | +12.6% |
| Accrued charges and deferred income | 492/3 | - | €22 | +€22 | |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,586 | €29,903 | +€2,317 | +8.4% |
| Other operating charges | 640/8 | €1,021 | €660 | -€361 | -35.3% |
| Non-recurring operating charges | 66A | - | €1,846 | +€1,846 | |
| Gross operating margin | 9900 | €24,180 | €35,749 | +€11,569 | +47.8% |
| Operating profit (loss) | 9901 | -€4,427 | €3,341 | +€7,768 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €3,325 | €5,969 | +€2,644 | +79.5% |
| Recurring financial charges | 65 | €1,618 | €5,969 | +€4,351 | +268.9% |
| Non-recurring financial charges | 66B | €1,707 | - | -€1,707 | |
| Profit (loss) for the period before taxes | 9903 | -€7,752 | -€2,620 | +€5,132 | +66.2% |
| Transfer from deferred taxes | 780 | - | €80 | +€80 | |
| Transfer to deferred taxes | 680 | - | €400 | +€400 | |
| Profit (loss) for the period | 9904 | -€7,752 | -€2,940 | +€4,812 | +62.1% |
| Transfer from tax-exempt reserves | 789 | - | €320 | +€320 | |
| Transfer to tax-exempt reserves | 689 | - | €1,600 | +€1,600 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,752 | -€4,220 | +€3,532 | +45.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.