KNIP & KRUL: what changed
KNIP & KRUL
Largest movements
- Stocks and contracts -€1,422
down €1,422 (-21.4%), from €6,655 to €5,232
- Tangible fixed assets +€905
up €905 (+15.6%), from €5,794 to €6,699
of which Plant, machinery and equipment: +€1,867
- Cash +€233
up €233 (+10.1%), from €2,307 to €2,540
mainly Net result for the year (+€4,670) and Stocks and contracts (+€1,422)
- Profit (loss) carried forward +€4,670
up €4,670 (+56.0%), from -€8,342 to -€3,671
- Other debts -€4,483
down €4,483 (-60.2%), from €7,443 to €2,960
- Trade debts -€1,856
down €1,856 (-61.5%), from €3,020 to €1,163
- Tax, wage and social debts +€1,385
up €1,385 (+590%), from €235 to €1,620
- Gross operating margin +€378
up €378 (+5.2%), from €7,318 to €7,696
- Staff costs -€162
down €162 (-18.8%), from €858 to €696
- Financial charges +€100
up €100 (+119%), from €84 to €184
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,755 | €14,471 | -€284 | -1.9% |
| Fixed assets | 21/28 | €5,794 | €6,699 | +€905 | +15.6% |
| Tangible fixed assets | 22/27 | €5,794 | €6,699 | +€905 | +15.6% |
| Plant, machinery and equipment | 23 | €2,214 | €4,081 | +€1,867 | +84.4% |
| Furniture and vehicles | 24 | €3,108 | €2,304 | -€805 | -25.9% |
| Other tangible fixed assets | 26 | €472 | €314 | -€157 | -33.3% |
| Current assets | 29/58 | €8,962 | €7,772 | -€1,189 | -13.3% |
| Stocks and contracts in progress | 3 | €6,655 | €5,232 | -€1,422 | -21.4% |
| Stocks | 30/36 | €6,655 | €5,232 | -€1,422 | -21.4% |
| Cash at bank and in hand | 54/58 | €2,307 | €2,540 | +€233 | +10.1% |
| Total equity and liabilities | 10/49 | €14,755 | €14,471 | -€284 | -1.9% |
| Equity | 10/15 | €4,058 | €8,729 | +€4,670 | +115% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,342 | -€3,671 | +€4,670 | +56.0% |
| Amounts payable | 17/49 | €10,697 | €5,743 | -€4,954 | -46.3% |
| Amounts payable within one year | 42/48 | €10,697 | €5,743 | -€4,954 | -46.3% |
| Trade debts | 44 | €3,020 | €1,163 | -€1,856 | -61.5% |
| Suppliers | 440/4 | €3,020 | €1,163 | -€1,856 | -61.5% |
| Taxes, remuneration and social security | 45 | €235 | €1,620 | +€1,385 | +590% |
| Taxes | 450/3 | €235 | €1,620 | +€1,385 | +590% |
| Other amounts payable | 47/48 | €7,443 | €2,960 | -€4,483 | -60.2% |
| Remuneration, social security and pensions | 62 | €858 | €696 | -€162 | -18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,304 | €1,359 | +€55 | +4.3% |
| Other operating charges | 640/8 | €776 | €806 | +€30 | +3.8% |
| Gross operating margin | 9900 | €7,318 | €7,696 | +€378 | +5.2% |
| Operating profit (loss) | 9901 | €4,381 | €4,835 | +€454 | +10.4% |
| Financial income | 75/76B | €13 | €19 | +€6 | +46.4% |
| Recurring financial income | 75 | €13 | €19 | +€6 | +46.4% |
| Financial charges | 65/66B | €84 | €184 | +€100 | +119% |
| Recurring financial charges | 65 | €84 | €184 | +€100 | +119% |
| Profit (loss) for the period before taxes | 9903 | €4,310 | €4,670 | +€360 | +8.4% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | €4,310 | €4,670 | +€360 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,310 | €4,670 | +€360 | +8.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.