KNIPPENBERG: 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.
KNIPPENBERG
Largest movements
- Cash -€4,126
down €4,126 (-26.0%), from €15,897 to €11,771
mainly Investment in fixed assets (net) (-€9,630) and Receivables within one year (-€2,717)
- Receivables within one year +€2,717
up €2,717, from €0 to €2,717
- Tangible fixed assets -€1,285
down €1,285 (-1.8%), from €71,863 to €70,579
of which Plant, machinery and equipment: -€2,820
- Trade debts -€1,645
down €1,645 (-86.3%), from €1,907 to €261
- Gross operating margin -€7,993
down €7,993 (-33.4%), from €23,962 to €15,969
- Depreciation -€1,177
down €1,177 (-9.7%), from €12,092 to €10,915
- Taxes -€745
down €745 (-72.5%), from €1,028 to €283
- Financial income -€255
down €255 (-100.0%), from €255 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,078 | €86,078 | -€2,000 | -2.3% |
| Fixed assets | 21/28 | €71,871 | €70,587 | -€1,285 | -1.8% |
| Tangible fixed assets | 22/27 | €71,863 | €70,579 | -€1,285 | -1.8% |
| Land and buildings | 22 | €58,646 | €60,653 | +€2,008 | +3.4% |
| Plant, machinery and equipment | 23 | €11,457 | €8,637 | -€2,820 | -24.6% |
| Furniture and vehicles | 24 | €1,761 | €1,288 | -€473 | -26.8% |
| Financial fixed assets | 28 | €8 | €8 | = | 0.0% |
| Current assets | 29/58 | €16,206 | €15,491 | -€715 | -4.4% |
| Amounts receivable within one year | 40/41 | €0 | €2,717 | +€2,717 | |
| Other amounts receivable | 41 | €0 | €2,717 | +€2,717 | |
| Cash at bank and in hand | 54/58 | €15,897 | €11,771 | -€4,126 | -26.0% |
| Deferred charges and accrued income | 490/1 | €310 | €1,003 | +€694 | +224.1% |
| Total equity and liabilities | 10/49 | €88,078 | €86,078 | -€2,000 | -2.3% |
| Equity | 10/15 | €80,697 | €81,144 | +€447 | +0.6% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €72,021 | €72,468 | +€447 | +0.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €5,500 | €5,500 | = | 0.0% |
| Distributable reserves | 133 | €66,521 | €66,968 | +€447 | +0.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €7,380 | €4,934 | -€2,446 | -33.1% |
| Amounts payable within one year | 42/48 | €7,380 | €4,934 | -€2,446 | -33.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,907 | €261 | -€1,645 | -86.3% |
| Suppliers | 440/4 | €1,907 | €261 | -€1,645 | -86.3% |
| Taxes, remuneration and social security | 45 | €278 | €28 | -€250 | -89.9% |
| Taxes | 450/3 | €278 | €28 | -€250 | -89.9% |
| Other amounts payable | 47/48 | €5,195 | €4,644 | -€551 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,092 | €10,915 | -€1,177 | -9.7% |
| Other operating charges | 640/8 | €2,371 | €2,576 | +€204 | +8.6% |
| Gross operating margin | 9900 | €23,962 | €15,969 | -€7,993 | -33.4% |
| Operating profit (loss) | 9901 | €9,499 | €2,478 | -€7,021 | -73.9% |
| Financial income | 75/76B | €255 | €0 | -€255 | -100.0% |
| Recurring financial income | 75 | €255 | €0 | -€255 | -100.0% |
| Financial charges | 65/66B | €205 | €83 | -€123 | -59.8% |
| Recurring financial charges | 65 | €205 | €83 | -€123 | -59.8% |
| Profit (loss) for the period before taxes | 9903 | €9,548 | €2,396 | -€7,152 | -74.9% |
| Income taxes | 67/77 | €1,028 | €283 | -€745 | -72.5% |
| Profit (loss) for the period | 9904 | €8,520 | €2,113 | -€6,408 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,520 | €2,113 | -€6,408 | -75.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.