KNIPPERIJ: what changed
Two financial 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.
KNIPPERIJ
Largest movements
- Cash +€66,686
up €66,686 (+207%), from €32,246 to €98,932
mainly Receivables within one year (+€38,147) and Net result for the year (+€27,087)
- Receivables within one year -€38,147
down €38,147 (-51.3%), from €74,333 to €36,186
of which Other amounts receivable: -€38,335
- Tangible fixed assets -€18,650
down €18,650 (-20.0%), from €93,320 to €74,670
of which Plant, machinery and equipment: -€15,036
- Reserves +€20,000
up €20,000 (+47.6%), from €41,992 to €61,992
of which Distributable reserves: +€20,000
- Trade debts -€12,484
down €12,484 (-80.8%), from €15,452 to €2,968
- Profit (loss) carried forward +€7,087
up €7,087 (+11.3%), from €62,733 to €69,820
- Debts after one year -€5,943
down €5,943 (-9.5%), from €62,789 to €56,846
- Staff costs -€11,959
down €11,959 (-13.4%), from €89,496 to €77,537
- Gross operating margin -€11,188
down €11,188 (-7.5%), from €148,790 to €137,603
- Taxes -€8,997
down €8,997 (-46.1%), from €19,497 to €10,500
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.
Derived cash bridge
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 | €213,564 | €223,012 | +€9,448 | +4.4% |
| Fixed assets | 21/28 | €93,320 | €74,670 | -€18,650 | -20.0% |
| Tangible fixed assets | 22/27 | €93,320 | €74,670 | -€18,650 | -20.0% |
| Plant, machinery and equipment | 23 | €73,816 | €58,780 | -€15,036 | -20.4% |
| Furniture and vehicles | 24 | €19,504 | €15,890 | -€3,614 | -18.5% |
| Current assets | 29/58 | €120,244 | €148,342 | +€28,098 | +23.4% |
| Stocks and contracts in progress | 3 | €13,665 | €13,224 | -€441 | -3.2% |
| Stocks | 30/36 | €13,665 | €13,224 | -€441 | -3.2% |
| Amounts receivable within one year | 40/41 | €74,333 | €36,186 | -€38,147 | -51.3% |
| Trade receivables | 40 | - | €188 | +€188 | |
| Other amounts receivable | 41 | €74,333 | €35,998 | -€38,335 | -51.6% |
| Cash at bank and in hand | 54/58 | €32,246 | €98,932 | +€66,686 | +207% |
| Total equity and liabilities | 10/49 | €213,564 | €223,012 | +€9,448 | +4.4% |
| Equity | 10/15 | €113,402 | €140,489 | +€27,087 | +23.9% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Capital | 10 | €8,676 | €8,676 | = | 0.0% |
| Issued capital | 100 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €41,992 | €61,992 | +€20,000 | +47.6% |
| Non-distributable reserves | 130/1 | €3,867 | €3,867 | = | 0.0% |
| Legal reserve | 130 | €3,867 | €3,867 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,350 | €2,350 | = | 0.0% |
| Distributable reserves | 133 | €35,775 | €55,775 | +€20,000 | +55.9% |
| Profit (loss) carried forward | 14 | €62,733 | €69,820 | +€7,087 | +11.3% |
| Amounts payable | 17/49 | €100,162 | €82,523 | -€17,639 | -17.6% |
| Amounts payable after more than one year | 17 | €62,789 | €56,846 | -€5,943 | -9.5% |
| Financial debts | 170/4 | €62,789 | €56,846 | -€5,943 | -9.5% |
| Amounts payable within one year | 42/48 | €37,373 | €25,677 | -€11,696 | -31.3% |
| Current portion of amounts payable after more than one year | 42 | €5,800 | €5,943 | +€144 | +2.5% |
| Trade debts | 44 | €15,452 | €2,968 | -€12,484 | -80.8% |
| Suppliers | 440/4 | €15,452 | €2,968 | -€12,484 | -80.8% |
| Taxes, remuneration and social security | 45 | €16,121 | €16,766 | +€645 | +4.0% |
| Taxes | 450/3 | €9,632 | €11,288 | +€1,656 | +17.2% |
| Remuneration and social security | 454/9 | €6,489 | €5,478 | -€1,011 | -15.6% |
| Remuneration, social security and pensions | 62 | €89,496 | €77,537 | -€11,959 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,870 | €19,932 | +€62 | +0.3% |
| Other operating charges | 640/8 | €687 | €211 | -€476 | -69.3% |
| Gross operating margin | 9900 | €148,790 | €137,603 | -€11,188 | -7.5% |
| Operating profit (loss) | 9901 | €38,736 | €39,923 | +€1,186 | +3.1% |
| Financial income | 75/76B | €477 | €367 | -€110 | -23.1% |
| Recurring financial income | 75 | €477 | €367 | -€110 | -23.1% |
| Financial charges | 65/66B | €2,459 | €2,703 | +€244 | +9.9% |
| Recurring financial charges | 65 | €2,459 | €2,703 | +€244 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €36,754 | €37,587 | +€833 | +2.3% |
| Income taxes | 67/77 | €19,497 | €10,500 | -€8,997 | -46.1% |
| Profit (loss) for the period | 9904 | €17,257 | €27,087 | +€9,830 | +57.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,257 | €27,087 | +€9,830 | +57.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.