Knitworks: 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.
Knitworks
Largest movements
- Current investments +€150,000
new in 2025: €150,000
- Cash -€110,602
down €110,602 (-82.6%), from €133,836 to €23,235
mainly Current investments (-€150,000) and Tax, wage and social debts (-€34,948)
- Deferred charges and accrued income -€4,457
down €4,457 (-14.5%), from €30,813 to €26,356
- Receivables within one year +€3,573
up €3,573 (+5.1%), from €69,612 to €73,185
of which Trade receivables: +€2,030
- Profit (loss) carried forward +€73,701
up €73,701 (+42.4%), from €173,963 to €247,664
- Tax, wage and social debts -€34,948
down €34,948 (-64.7%), from €53,993 to €19,045
No income-statement line moved by more than 1% of the activity.
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 | €238,580 | €275,986 | +€37,406 | +15.7% |
| Fixed assets | 21/28 | €4,319 | €3,210 | -€1,108 | -25.7% |
| Tangible fixed assets | 22/27 | €4,319 | €3,210 | -€1,108 | -25.7% |
| Furniture and vehicles | 24 | €4,319 | €3,210 | -€1,108 | -25.7% |
| Current assets | 29/58 | €234,261 | €272,776 | +€38,514 | +16.4% |
| Amounts receivable within one year | 40/41 | €69,612 | €73,185 | +€3,573 | +5.1% |
| Trade receivables | 40 | €69,612 | €71,642 | +€2,030 | +2.9% |
| Other amounts receivable | 41 | - | €1,543 | +€1,543 | |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €133,836 | €23,235 | -€110,602 | -82.6% |
| Deferred charges and accrued income | 490/1 | €30,813 | €26,356 | -€4,457 | -14.5% |
| Total equity and liabilities | 10/49 | €238,580 | €275,986 | +€37,406 | +15.7% |
| Equity | 10/15 | €178,963 | €252,664 | +€73,701 | +41.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €173,963 | €247,664 | +€73,701 | +42.4% |
| Amounts payable | 17/49 | €59,617 | €23,322 | -€36,295 | -60.9% |
| Amounts payable within one year | 42/48 | €59,617 | €23,226 | -€36,391 | -61.0% |
| Trade debts | 44 | €1,230 | - | -€1,230 | |
| Suppliers | 440/4 | €1,230 | - | -€1,230 | |
| Taxes, remuneration and social security | 45 | €53,993 | €19,045 | -€34,948 | -64.7% |
| Taxes | 450/3 | €53,993 | €19,045 | -€34,948 | -64.7% |
| Other amounts payable | 47/48 | €4,394 | €4,181 | -€213 | -4.9% |
| Accrued charges and deferred income | 492/3 | - | €96 | +€96 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €836 | €1,108 | +€272 | +32.6% |
| Other operating charges | 640/8 | €387 | €544 | +€156 | +40.4% |
| Gross operating margin | 9900 | €93,787 | €94,217 | +€430 | +0.5% |
| Operating profit (loss) | 9901 | €92,563 | €92,564 | +€1 | 0.0% |
| Financial income | 75/76B | €676 | €576 | -€100 | -14.7% |
| Recurring financial income | 75 | €676 | €576 | -€100 | -14.7% |
| Financial charges | 65/66B | €69 | €125 | +€56 | +80.5% |
| Recurring financial charges | 65 | €69 | €125 | +€56 | +80.5% |
| Profit (loss) for the period before taxes | 9903 | €93,170 | €93,015 | -€154 | -0.2% |
| Income taxes | 67/77 | €19,045 | €19,314 | +€269 | +1.4% |
| Profit (loss) for the period | 9904 | €74,125 | €73,701 | -€424 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €74,125 | €73,701 | -€424 | -0.6% |
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 17 October 2026 via checked.be.