KNIP: 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.
KNIP
Largest movements
- Cash +€61,750
up €61,750 (+136.2%), from €45,338 to €107,087
mainly Net result for the year (+€51,483) and Current investments (+€50,000)
- Current investments -€50,000
down €50,000 (-47.4%), from €105,546 to €55,546
- Receivables within one year +€25,563
up €25,563 (+45.4%), from €56,338 to €81,901
of which Trade receivables: +€32,434
- Tangible fixed assets -€9,123
down €9,123 (-66.7%), from €13,670 to €4,547
of which Furniture and vehicles: -€9,019
- Other debts +€22,454
up €22,454, from €0 to €22,454
- Reserves +€8,583
up €8,583 (+9.3%), from €92,377 to €100,959
- Current portion of long-term debt -€6,361
down €6,361 (-100.0%), from €6,361 to €0
- Tax, wage and social debts +€3,173
up €3,173 (+8.0%), from €39,731 to €42,904
of which Taxes: +€5,173
- Gross operating margin +€55,309
up €55,309 (+209.3%), from €26,428 to €81,737
- Taxes +€15,989
up €15,989 (+286.2%), from €5,586 to €21,575
- Financial income +€1,502
up €1,502 (+104.8%), from €1,433 to €2,934
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 | €224,590 | €251,944 | +€27,353 | +12.2% |
| Fixed assets | 21/28 | €13,670 | €4,547 | -€9,123 | -66.7% |
| Tangible fixed assets | 22/27 | €13,670 | €4,547 | -€9,123 | -66.7% |
| Furniture and vehicles | 24 | €12,975 | €3,956 | -€9,019 | -69.5% |
| Other tangible fixed assets | 26 | €696 | €591 | -€105 | -15.0% |
| Current assets | 29/58 | €210,920 | €247,397 | +€36,477 | +17.3% |
| Stocks and contracts in progress | 3 | €3,000 | €2,250 | -€750 | -25.0% |
| Stocks | 30/36 | €3,000 | €2,250 | -€750 | -25.0% |
| Amounts receivable within one year | 40/41 | €56,338 | €81,901 | +€25,563 | +45.4% |
| Trade receivables | 40 | €47,554 | €79,987 | +€32,434 | +68.2% |
| Other amounts receivable | 41 | €8,785 | €1,914 | -€6,871 | -78.2% |
| Current investments | 50/53 | €105,546 | €55,546 | -€50,000 | -47.4% |
| Cash at bank and in hand | 54/58 | €45,338 | €107,087 | +€61,750 | +136.2% |
| Deferred charges and accrued income | 490/1 | €698 | €612 | -€85 | -12.3% |
| Total equity and liabilities | 10/49 | €224,590 | €251,944 | +€27,353 | +12.2% |
| Equity | 10/15 | €167,108 | €175,691 | +€8,583 | +5.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €92,377 | €100,959 | +€8,583 | +9.3% |
| Distributable reserves | 133 | €92,377 | €100,959 | +€8,583 | +9.3% |
| Profit (loss) carried forward | 14 | €56,140 | €56,140 | = | 0.0% |
| Amounts payable | 17/49 | €57,482 | €76,253 | +€18,771 | +32.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €48,440 | €67,211 | +€18,771 | +38.8% |
| Current portion of amounts payable after more than one year | 42 | €6,361 | €0 | -€6,361 | -100.0% |
| Trade debts | 44 | €2,348 | €1,853 | -€495 | -21.1% |
| Suppliers | 440/4 | €2,348 | €1,853 | -€495 | -21.1% |
| Taxes, remuneration and social security | 45 | €39,731 | €42,904 | +€3,173 | +8.0% |
| Taxes | 450/3 | €33,731 | €38,904 | +€5,173 | +15.3% |
| Remuneration and social security | 454/9 | €6,000 | €4,000 | -€2,000 | -33.3% |
| Other amounts payable | 47/48 | €0 | €22,454 | +€22,454 | |
| Accrued charges and deferred income | 492/3 | €9,042 | €9,042 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,123 | €9,941 | -€182 | -1.8% |
| Other operating charges | 640/8 | €723 | €1,393 | +€670 | +92.6% |
| Gross operating margin | 9900 | €26,428 | €81,737 | +€55,309 | +209.3% |
| Operating profit (loss) | 9901 | €15,582 | €70,403 | +€54,821 | +351.8% |
| Financial income | 75/76B | €1,433 | €2,934 | +€1,502 | +104.8% |
| Recurring financial income | 75 | €1,433 | €2,934 | +€1,502 | +104.8% |
| Financial charges | 65/66B | €521 | €279 | -€242 | -46.4% |
| Recurring financial charges | 65 | €521 | €279 | -€242 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | €16,494 | €73,058 | +€56,564 | +342.9% |
| Income taxes | 67/77 | €5,586 | €21,575 | +€15,989 | +286.2% |
| Profit (loss) for the period | 9904 | €10,907 | €51,483 | +€40,575 | +372.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,907 | €51,483 | +€40,575 | +372.0% |
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 29 September 2026 via checked.be.