KNIGHT: 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.
KNIGHT
Largest movements
- Receivables within one year -€2,013
down €2,013 (-4.4%), from €45,255 to €43,242
of which Trade receivables: -€1,199
- Profit (loss) carried forward -€10,106
down €10,106 (-60.4%), from -€16,744 to -€26,849
- Trade debts +€6,894
up €6,894 (+39.4%), from €17,488 to €24,382
- Other debts +€3,440
up €3,440 (+7.5%), from €46,100 to €49,541
- Advances received -€2,388
no longer reported in 2025 (was €2,388)
- Gross operating margin -€2,235
down €2,235 (-29.9%), from -€7,470 to -€9,705
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 | €84,207 | €82,194 | -€2,013 | -2.4% |
| Fixed assets | 21/28 | €115 | €115 | = | 0.0% |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €84,092 | €82,079 | -€2,013 | -2.4% |
| Amounts receivable within one year | 40/41 | €45,255 | €43,242 | -€2,013 | -4.4% |
| Trade receivables | 40 | €25,485 | €24,286 | -€1,199 | -4.7% |
| Other amounts receivable | 41 | €19,770 | €18,956 | -€814 | -4.1% |
| Cash at bank and in hand | 54/58 | €3 | €3 | +€0 | +7.2% |
| Deferred charges and accrued income | 490/1 | €38,834 | €38,834 | = | 0.0% |
| Total equity and liabilities | 10/49 | €84,207 | €82,194 | -€2,013 | -2.4% |
| Equity | 10/15 | €3,716 | -€6,389 | -€10,106 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,744 | -€26,849 | -€10,106 | -60.4% |
| Amounts payable | 17/49 | €80,490 | €88,583 | +€8,093 | +10.1% |
| Amounts payable within one year | 42/48 | €80,490 | €88,583 | +€8,093 | +10.1% |
| Financial debts | 43 | €2,327 | €2,474 | +€147 | +6.3% |
| Credit institutions | 430/8 | €2,327 | €2,474 | +€147 | +6.3% |
| Trade debts | 44 | €17,488 | €24,382 | +€6,894 | +39.4% |
| Suppliers | 440/4 | €17,488 | €24,382 | +€6,894 | +39.4% |
| Advances received on contracts in progress | 46 | €2,388 | - | -€2,388 | |
| Taxes, remuneration and social security | 45 | €12,187 | €12,187 | = | 0.0% |
| Taxes | 450/3 | €12,187 | €12,187 | = | 0.0% |
| Other amounts payable | 47/48 | €46,100 | €49,541 | +€3,440 | +7.5% |
| Other operating charges | 640/8 | €387 | €401 | +€13 | +3.4% |
| Gross operating margin | 9900 | -€7,470 | -€9,705 | -€2,235 | -29.9% |
| Operating profit (loss) | 9901 | -€7,857 | -€10,106 | -€2,248 | -28.6% |
| Financial charges | 65/66B | €73 | - | -€73 | |
| Recurring financial charges | 65 | €73 | - | -€73 | |
| Profit (loss) for the period before taxes | 9903 | -€7,930 | -€10,106 | -€2,175 | -27.4% |
| Profit (loss) for the period | 9904 | -€7,930 | -€10,106 | -€2,175 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,930 | -€10,106 | -€2,175 | -27.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.