KNL: 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.
KNL
Largest movements
- Cash -€40,058
down €40,058 (-97.2%), from €41,205 to €1,147
mainly Other debts (-€22,155) and Receivables within one year (-€18,950)
- Receivables within one year +€18,950
up €18,950 (+49.6%), from €38,190 to €57,140
of which Other amounts receivable: +€29,595
- Tangible fixed assets -€5,207
down €5,207 (-50.0%), from €10,415 to €5,208
of which Furniture and vehicles: -€4,407
- Other debts -€22,155
no longer reported in 2025 (was €22,155)
- Profit (loss) carried forward +€10,279
up €10,279 (+50.3%), from €20,423 to €30,702
- Debts after one year -€9,352
no longer reported in 2025 (was €9,352)
- Tax, wage and social debts -€4,764
down €4,764 (-64.0%), from €7,439 to €2,675
- Turnover -€507,969
no longer reported in 2025 (was €507,969)
- Purchases and services -€348,525
no longer reported in 2025 (was €348,525)
- Gross operating margin -€138,253
down €138,253 (-86.7%), from €159,444 to €21,191
- Staff costs -€78,223
down €78,223 (-96.6%), from €81,011 to €2,788
- Write-downs -€29,649
no longer reported in 2025 (was €29,649)
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 | €89,810 | €63,495 | -€26,315 | -29.3% |
| Fixed assets | 21/28 | €10,415 | €5,208 | -€5,207 | -50.0% |
| Tangible fixed assets | 22/27 | €10,415 | €5,208 | -€5,207 | -50.0% |
| Plant, machinery and equipment | 23 | €1,600 | €800 | -€800 | -50.0% |
| Furniture and vehicles | 24 | €8,815 | €4,408 | -€4,407 | -50.0% |
| Current assets | 29/58 | €79,395 | €58,287 | -€21,108 | -26.6% |
| Amounts receivable within one year | 40/41 | €38,190 | €57,140 | +€18,950 | +49.6% |
| Trade receivables | 40 | €38,190 | €27,545 | -€10,645 | -27.9% |
| Other amounts receivable | 41 | - | €29,595 | +€29,595 | |
| Cash at bank and in hand | 54/58 | €41,205 | €1,147 | -€40,058 | -97.2% |
| Total equity and liabilities | 10/49 | €89,810 | €63,495 | -€26,315 | -29.3% |
| Equity | 10/15 | €30,423 | €40,702 | +€10,279 | +33.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | - | -€5,000 | |
| Other | 1319 | €5,000 | - | -€5,000 | |
| Distributable reserves | 133 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | €20,423 | €30,702 | +€10,279 | +50.3% |
| Amounts payable | 17/49 | €59,387 | €22,793 | -€36,594 | -61.6% |
| Amounts payable after more than one year | 17 | €9,352 | - | -€9,352 | |
| Financial debts | 170/4 | €9,352 | - | -€9,352 | |
| Amounts payable within one year | 42/48 | €50,035 | €22,793 | -€27,242 | -54.4% |
| Current portion of amounts payable after more than one year | 42 | €323 | - | -€323 | |
| Trade debts | 44 | €20,118 | €20,118 | = | 0.0% |
| Suppliers | 440/4 | €20,118 | €20,118 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,439 | €2,675 | -€4,764 | -64.0% |
| Taxes | 450/3 | €7,439 | €2,675 | -€4,764 | -64.0% |
| Other amounts payable | 47/48 | €22,155 | - | -€22,155 | |
| Turnover | 70 | €507,969 | - | -€507,969 | |
| Goods, raw materials, services and sundry goods | 60/61 | €348,525 | - | -€348,525 | |
| Remuneration, social security and pensions | 62 | €81,011 | €2,788 | -€78,223 | -96.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,208 | €5,208 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €29,649 | - | -€29,649 | |
| Other operating charges | 640/8 | €1,247 | €111 | -€1,136 | -91.1% |
| Non-recurring operating charges | 66A | €12,092 | €235 | -€11,857 | -98.1% |
| Gross operating margin | 9900 | €159,444 | €21,191 | -€138,253 | -86.7% |
| Operating profit (loss) | 9901 | €30,237 | €12,849 | -€17,388 | -57.5% |
| Financial income | 75/76B | €2,295 | - | -€2,295 | |
| Recurring financial income | 75 | €2,295 | - | -€2,295 | |
| Non-recurring financial income | 76B | €2,295 | - | -€2,295 | |
| Financial charges | 65/66B | €673 | - | -€673 | |
| Recurring financial charges | 65 | €673 | - | -€673 | |
| Profit (loss) for the period before taxes | 9903 | €31,859 | €12,849 | -€19,010 | -59.7% |
| Income taxes | 67/77 | €6,436 | €2,570 | -€3,866 | -60.1% |
| Profit (loss) for the period | 9904 | €25,423 | €10,279 | -€15,144 | -59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,423 | €10,279 | -€15,144 | -59.6% |
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 13 October 2026 via checked.be.