KNITTO: 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.
KNITTO
Largest movements
- Receivables within one year +€61,278
up €61,278 (+33.5%), from €183,165 to €244,443
of which Other amounts receivable: +€68,787
- Cash -€16,337
down €16,337 (-86.3%), from €18,929 to €2,592
mainly Receivables within one year (-€61,278) and Other debts (-€23,550)
- Reserves +€52,800
up €52,800 (+203.9%), from €25,901 to €78,701
of which Distributable reserves: +€52,800
- Other debts -€23,550
down €23,550 (-39.2%), from €60,100 to €36,550
- Tax, wage and social debts +€21,344
up €21,344 (+263.6%), from €8,096 to €29,440
of which Taxes: +€22,542
- Trade debts -€8,686
down €8,686 (-57.9%), from €15,015 to €6,328
- Taxes +€12,668
up €12,668 (+140.4%), from €9,025 to €21,693
- Depreciation +€1,252
up €1,252 (+119.8%), from €1,045 to €2,297
- Gross operating margin -€900
down €900 (-1.2%), from €77,803 to €76,903
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 | €209,111 | €251,045 | +€41,934 | +20.1% |
| Fixed assets | 21/28 | €6,308 | €4,010 | -€2,297 | -36.4% |
| Tangible fixed assets | 22/27 | €6,158 | €3,860 | -€2,297 | -37.3% |
| Furniture and vehicles | 24 | €6,158 | €3,860 | -€2,297 | -37.3% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €202,804 | €247,035 | +€44,231 | +21.8% |
| Amounts receivable within one year | 40/41 | €183,165 | €244,443 | +€61,278 | +33.5% |
| Trade receivables | 40 | €15,951 | €8,442 | -€7,509 | -47.1% |
| Other amounts receivable | 41 | €167,214 | €236,001 | +€68,787 | +41.1% |
| Cash at bank and in hand | 54/58 | €18,929 | €2,592 | -€16,337 | -86.3% |
| Deferred charges and accrued income | 490/1 | €710 | - | -€710 | |
| Total equity and liabilities | 10/49 | €209,111 | €251,045 | +€41,934 | +20.1% |
| Equity | 10/15 | €125,901 | €178,727 | +€52,826 | +42.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €25,901 | €78,701 | +€52,800 | +203.9% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €15,901 | €68,701 | +€52,800 | +332.1% |
| Profit (loss) carried forward | 14 | €0 | €26 | +€26 | +261200.0% |
| Amounts payable | 17/49 | €83,211 | €72,318 | -€10,892 | -13.1% |
| Amounts payable within one year | 42/48 | €83,211 | €72,318 | -€10,892 | -13.1% |
| Trade debts | 44 | €15,015 | €6,328 | -€8,686 | -57.9% |
| Suppliers | 440/4 | €15,015 | €6,328 | -€8,686 | -57.9% |
| Taxes, remuneration and social security | 45 | €8,096 | €29,440 | +€21,344 | +263.6% |
| Taxes | 450/3 | €6,898 | €29,440 | +€22,542 | +326.8% |
| Remuneration and social security | 454/9 | €1,198 | - | -€1,198 | |
| Other amounts payable | 47/48 | €60,100 | €36,550 | -€23,550 | -39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,045 | €2,297 | +€1,252 | +119.8% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €77,803 | €76,903 | -€900 | -1.2% |
| Operating profit (loss) | 9901 | €76,370 | €74,606 | -€1,765 | -2.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €122 | €86 | -€36 | -29.3% |
| Recurring financial charges | 65 | €122 | €86 | -€36 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €76,248 | €74,519 | -€1,729 | -2.3% |
| Income taxes | 67/77 | €9,025 | €21,693 | +€12,668 | +140.4% |
| Profit (loss) for the period | 9904 | €67,223 | €52,826 | -€14,396 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €67,223 | €52,826 | -€14,396 | -21.4% |
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 9 October 2026 via checked.be.