KNH International: what changed
KNH International
Largest movements
- Tangible fixed assets +€5,870
new in 2026: €5,870
of which Furniture and vehicles: +€3,021
- Cash +€2,049
up €2,049 (+26.0%), from €7,878 to €9,927
mainly Net result for the year (+€7,203) and Tax, wage and social debts (+€1,132)
- Deferred charges and accrued income +€935
up €935 (+216%), from €433 to €1,368
- Receivables within one year +€815
up €815 (+93.7%), from €870 to €1,684
- Profit (loss) carried forward +€7,203
up €7,203 (+253%), from €2,846 to €10,048
- Tax, wage and social debts +€1,132
up €1,132 (+149%), from €761 to €1,893
- Short-term financial debts +€1,022
new in 2026: €1,022
- Trade debts +€311
up €311 (+70.8%), from €439 to €750
- Depreciation -€2,986
down €2,986 (-96.4%), from €3,099 to €112
- Gross operating margin +€2,050
up €2,050 (+24.3%), from €8,438 to €10,489
- Taxes +€1,085
up €1,085 (+151%), from €717 to €1,802
- Financial charges -€476
down €476 (-26.6%), from €1,786 to €1,311
- Other operating charges +€120
new in 2026: €120
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,181 | €18,849 | +€9,668 | +105% |
| Fixed assets | 21/28 | - | €5,870 | +€5,870 | |
| Tangible fixed assets | 22/27 | - | €5,870 | +€5,870 | |
| Furniture and vehicles | 24 | - | €3,021 | +€3,021 | |
| Other tangible fixed assets | 26 | - | €2,849 | +€2,849 | |
| Current assets | 29/58 | €9,181 | €12,979 | +€3,798 | +41.4% |
| Amounts receivable within one year | 40/41 | €870 | €1,684 | +€815 | +93.7% |
| Other amounts receivable | 41 | €870 | €1,684 | +€815 | +93.7% |
| Cash at bank and in hand | 54/58 | €7,878 | €9,927 | +€2,049 | +26.0% |
| Deferred charges and accrued income | 490/1 | €433 | €1,368 | +€935 | +216% |
| Total equity and liabilities | 10/49 | €9,181 | €18,849 | +€9,668 | +105% |
| Equity | 10/15 | €7,846 | €15,048 | +€7,203 | +91.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,846 | €10,048 | +€7,203 | +253% |
| Amounts payable | 17/49 | €1,335 | €3,800 | +€2,465 | +185% |
| Amounts payable within one year | 42/48 | €1,200 | €3,665 | +€2,465 | +205% |
| Financial debts | 43 | - | €1,022 | +€1,022 | |
| Credit institutions | 430/8 | - | €1,022 | +€1,022 | |
| Trade debts | 44 | €439 | €750 | +€311 | +70.8% |
| Suppliers | 440/4 | €439 | €750 | +€311 | +70.8% |
| Taxes, remuneration and social security | 45 | €761 | €1,893 | +€1,132 | +149% |
| Taxes | 450/3 | €761 | €1,893 | +€1,132 | +149% |
| Accrued charges and deferred income | 492/3 | €135 | €135 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,099 | €112 | -€2,986 | -96.4% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €8,438 | €10,489 | +€2,050 | +24.3% |
| Operating profit (loss) | 9901 | €5,340 | €10,256 | +€4,917 | +92.1% |
| Financial income | 75/76B | €10 | €59 | +€50 | +510% |
| Recurring financial income | 75 | €10 | €59 | +€50 | +510% |
| Financial charges | 65/66B | €1,786 | €1,311 | -€476 | -26.6% |
| Recurring financial charges | 65 | €1,786 | €1,311 | -€476 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €3,563 | €9,005 | +€5,442 | +153% |
| Income taxes | 67/77 | €717 | €1,802 | +€1,085 | +151% |
| Profit (loss) for the period | 9904 | €2,846 | €7,203 | +€4,357 | +153% |
| Profit (loss) for the period to be appropriated | 9905 | €2,846 | €7,203 | +€4,357 | +153% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.