KNL ENGINEERING: 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 ENGINEERING
Largest movements
- Current investments +€82,087
up €82,087 (+28.2%), from €290,642 to €372,729
- Cash +€25,850
up €25,850 (+73.9%), from €34,978 to €60,828
mainly Other debts (+€215,661) and Net result for the year (+€148,141)
- Other debts +€215,661
up €215,661 (+539.9%), from €39,945 to €255,607
- Reserves -€104,597
down €104,597 (-20.1%), from €520,039 to €415,443
- Current portion of long-term debt -€7,872
no longer reported in 2025 (was €7,872)
- Financial income +€7,975
up €7,975 (+13.0%), from €61,353 to €69,327
- Gross operating margin +€4,735
up €4,735 (+3.8%), from €124,584 to €129,319
- Taxes +€2,738
up €2,738 (+6.1%), from €44,825 to €47,563
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 | €594,760 | €697,283 | +€102,523 | +17.2% |
| Fixed assets | 21/28 | €230,494 | €228,922 | -€1,572 | -0.7% |
| Tangible fixed assets | 22/27 | €6,307 | €4,734 | -€1,572 | -24.9% |
| Plant, machinery and equipment | 23 | €880 | €570 | -€310 | -35.2% |
| Furniture and vehicles | 24 | €990 | €495 | -€495 | -50.0% |
| Other tangible fixed assets | 26 | €4,437 | €3,669 | -€768 | -17.3% |
| Financial fixed assets | 28 | €224,188 | €224,188 | = | 0.0% |
| Current assets | 29/58 | €364,265 | €468,361 | +€104,096 | +28.6% |
| Amounts receivable within one year | 40/41 | €36,094 | €32,235 | -€3,858 | -10.7% |
| Trade receivables | 40 | €29,857 | €32,235 | +€2,379 | +8.0% |
| Other amounts receivable | 41 | €6,237 | - | -€6,237 | |
| Current investments | 50/53 | €290,642 | €372,729 | +€82,087 | +28.2% |
| Cash at bank and in hand | 54/58 | €34,978 | €60,828 | +€25,850 | +73.9% |
| Deferred charges and accrued income | 490/1 | €2,551 | €2,569 | +€18 | +0.7% |
| Total equity and liabilities | 10/49 | €594,760 | €697,283 | +€102,523 | +17.2% |
| Equity | 10/15 | €520,439 | €415,843 | -€104,597 | -20.1% |
| Contributions | 10/11 | €400 | €400 | = | 0.0% |
| Reserves | 13 | €520,039 | €415,443 | -€104,597 | -20.1% |
| Distributable reserves | 133 | €520,039 | €415,443 | -€104,597 | -20.1% |
| Amounts payable | 17/49 | €74,320 | €281,441 | +€207,120 | +278.7% |
| Amounts payable within one year | 42/48 | €74,320 | €281,339 | +€207,019 | +278.5% |
| Current portion of amounts payable after more than one year | 42 | €7,872 | - | -€7,872 | |
| Trade debts | 44 | €447 | €1,147 | +€700 | +156.8% |
| Suppliers | 440/4 | €447 | €1,147 | +€700 | +156.8% |
| Taxes, remuneration and social security | 45 | €26,056 | €24,586 | -€1,471 | -5.6% |
| Taxes | 450/3 | €26,056 | €24,586 | -€1,471 | -5.6% |
| Other amounts payable | 47/48 | €39,945 | €255,607 | +€215,661 | +539.9% |
| Accrued charges and deferred income | 492/3 | - | €102 | +€102 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,572 | €1,572 | +€1 | 0.0% |
| Other operating charges | 640/8 | €835 | €854 | +€19 | +2.2% |
| Gross operating margin | 9900 | €124,584 | €129,319 | +€4,735 | +3.8% |
| Operating profit (loss) | 9901 | €122,176 | €126,892 | +€4,716 | +3.9% |
| Financial income | 75/76B | €61,353 | €69,327 | +€7,975 | +13.0% |
| Recurring financial income | 75 | €61,353 | €69,327 | +€7,975 | +13.0% |
| Financial charges | 65/66B | €1,619 | €516 | -€1,103 | -68.1% |
| Recurring financial charges | 65 | €1,619 | €516 | -€1,103 | -68.1% |
| Profit (loss) for the period before taxes | 9903 | €181,910 | €195,703 | +€13,794 | +7.6% |
| Income taxes | 67/77 | €44,825 | €47,563 | +€2,738 | +6.1% |
| Profit (loss) for the period | 9904 | €137,085 | €148,141 | +€11,056 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €137,085 | €148,141 | +€11,056 | +8.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.