KNITOFFICE: 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.
KNITOFFICE
Largest movements
- Receivables within one year -€5,603
down €5,603 (-60.7%), from €9,233 to €3,630
of which Trade receivables: -€4,432
- Cash -€4,151
down €4,151 (-21.9%), from €18,923 to €14,772
mainly Debts after one year (-€12,337) and Current portion of long-term debt (-€3,925)
- Debts after one year -€12,337
no longer reported in 2025 (was €12,337)
- Reserves +€11,026
up €11,026 (+24.7%), from €44,667 to €55,693
- Current portion of long-term debt -€3,925
down €3,925 (-24.1%), from €16,262 to €12,337
- Other debts -€3,048
down €3,048 (-77.7%), from €3,925 to €877
- Trade debts -€1,713
down €1,713 (-43.6%), from €3,928 to €2,215
- Gross operating margin -€575
down €575 (-2.9%), from €19,928 to €19,353
- Depreciation -€237
down €237 (-49.5%), from €479 to €242
- Financial charges -€212
down €212 (-38.5%), from €550 to €338
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 | €108,398 | €98,402 | -€9,996 | -9.2% |
| Fixed assets | 21/28 | €80,242 | €80,000 | -€242 | -0.3% |
| Tangible fixed assets | 22/27 | €242 | - | -€242 | |
| Furniture and vehicles | 24 | €242 | - | -€242 | |
| Financial fixed assets | 28 | €80,000 | €80,000 | = | 0.0% |
| Current assets | 29/58 | €28,156 | €18,402 | -€9,754 | -34.6% |
| Amounts receivable within one year | 40/41 | €9,233 | €3,630 | -€5,603 | -60.7% |
| Trade receivables | 40 | €4,432 | - | -€4,432 | |
| Other amounts receivable | 41 | €4,801 | €3,630 | -€1,171 | -24.4% |
| Cash at bank and in hand | 54/58 | €18,923 | €14,772 | -€4,151 | -21.9% |
| Total equity and liabilities | 10/49 | €108,398 | €98,402 | -€9,996 | -9.2% |
| Equity | 10/15 | €64,667 | €75,693 | +€11,026 | +17.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €44,667 | €55,693 | +€11,026 | +24.7% |
| Distributable reserves | 133 | €44,667 | €55,693 | +€11,026 | +24.7% |
| Amounts payable | 17/49 | €43,731 | €22,709 | -€21,022 | -48.1% |
| Amounts payable after more than one year | 17 | €12,337 | - | -€12,337 | |
| Financial debts | 170/4 | €12,337 | - | -€12,337 | |
| Amounts payable within one year | 42/48 | €31,394 | €22,709 | -€8,685 | -27.7% |
| Current portion of amounts payable after more than one year | 42 | €16,262 | €12,337 | -€3,925 | -24.1% |
| Trade debts | 44 | €3,928 | €2,215 | -€1,713 | -43.6% |
| Suppliers | 440/4 | €3,928 | €2,215 | -€1,713 | -43.6% |
| Taxes, remuneration and social security | 45 | €7,279 | €7,280 | +€1 | 0.0% |
| Taxes | 450/3 | €7,279 | €7,280 | +€1 | 0.0% |
| Other amounts payable | 47/48 | €3,925 | €877 | -€3,048 | -77.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €479 | €242 | -€237 | -49.5% |
| Other operating charges | 640/8 | €678 | €694 | +€16 | +2.4% |
| Gross operating margin | 9900 | €19,928 | €19,353 | -€575 | -2.9% |
| Operating profit (loss) | 9901 | €18,771 | €18,417 | -€354 | -1.9% |
| Financial charges | 65/66B | €550 | €338 | -€212 | -38.5% |
| Recurring financial charges | 65 | €550 | €338 | -€212 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €18,221 | €18,079 | -€142 | -0.8% |
| Income taxes | 67/77 | €6,250 | €6,220 | -€30 | -0.5% |
| Profit (loss) for the period | 9904 | €11,971 | €11,859 | -€112 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,971 | €11,859 | -€112 | -0.9% |
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 3 October 2026 via checked.be.