KNOBB: 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.
KNOBB
Largest movements
- Cash +€19,873
up €19,873 (+26.2%), from €75,723 to €95,596
mainly Net result for the year (+€35,874) and Depreciation (+€7,778)
- Current investments +€12,508
up €12,508 (+20.4%), from €61,322 to €73,830
- Tangible fixed assets -€6,748
down €6,748 (-36.2%), from €18,650 to €11,902
of which Leasing and similar rights: -€7,547
- Reserves +€35,874
up €35,874 (+20.9%), from €171,533 to €207,407
- Debts after one year -€4,881
down €4,881 (-70.1%), from €6,963 to €2,082
- Tax, wage and social debts -€4,315
down €4,315 (-20.9%), from €20,610 to €16,296
of which Taxes: -€4,355
- Financial income +€1,742
up €1,742 (+62.3%), from €2,798 to €4,541
- Gross operating margin +€1,485
up €1,485 (+2.7%), from €55,937 to €57,422
- Taxes +€1,016
up €1,016 (+7.2%), from €14,197 to €15,213
- Other operating charges +€740
up €740 (+46.7%), from €1,584 to €2,324
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 | €207,520 | €234,358 | +€26,837 | +12.9% |
| Fixed assets | 21/28 | €18,650 | €11,902 | -€6,748 | -36.2% |
| Tangible fixed assets | 22/27 | €18,650 | €11,902 | -€6,748 | -36.2% |
| Furniture and vehicles | 24 | - | €799 | +€799 | |
| Leasing and similar rights | 25 | €18,650 | €11,103 | -€7,547 | -40.5% |
| Current assets | 29/58 | €188,870 | €222,456 | +€33,586 | +17.8% |
| Amounts receivable after more than one year | 29 | €38,000 | €38,000 | = | 0.0% |
| Other amounts receivable | 291 | €38,000 | €38,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,602 | €13,713 | +€1,111 | +8.8% |
| Trade receivables | 40 | €12,602 | €13,713 | +€1,111 | +8.8% |
| Current investments | 50/53 | €61,322 | €73,830 | +€12,508 | +20.4% |
| Cash at bank and in hand | 54/58 | €75,723 | €95,596 | +€19,873 | +26.2% |
| Deferred charges and accrued income | 490/1 | €1,223 | €1,316 | +€94 | +7.7% |
| Total equity and liabilities | 10/49 | €207,520 | €234,358 | +€26,837 | +12.9% |
| Equity | 10/15 | €171,533 | €207,407 | +€35,874 | +20.9% |
| Reserves | 13 | €171,533 | €207,407 | +€35,874 | +20.9% |
| Distributable reserves | 133 | €171,533 | €207,407 | +€35,874 | +20.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €35,987 | €26,950 | -€9,037 | -25.1% |
| Amounts payable after more than one year | 17 | €6,963 | €2,082 | -€4,881 | -70.1% |
| Financial debts | 170/4 | €6,963 | €2,082 | -€4,881 | -70.1% |
| Amounts payable within one year | 42/48 | €28,893 | €24,737 | -€4,156 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €4,720 | €4,881 | +€160 | +3.4% |
| Trade debts | 44 | €689 | €695 | +€7 | +1.0% |
| Suppliers | 440/4 | €689 | €695 | +€7 | +1.0% |
| Taxes, remuneration and social security | 45 | €20,610 | €16,296 | -€4,315 | -20.9% |
| Taxes | 450/3 | €18,171 | €13,816 | -€4,355 | -24.0% |
| Remuneration and social security | 454/9 | €2,440 | €2,480 | +€40 | +1.6% |
| Other amounts payable | 47/48 | €2,874 | €2,865 | -€9 | -0.3% |
| Accrued charges and deferred income | 492/3 | €131 | €131 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,547 | €7,778 | +€231 | +3.1% |
| Other operating charges | 640/8 | €1,584 | €2,324 | +€740 | +46.7% |
| Gross operating margin | 9900 | €55,937 | €57,422 | +€1,485 | +2.7% |
| Operating profit (loss) | 9901 | €46,806 | €47,319 | +€513 | +1.1% |
| Financial income | 75/76B | €2,798 | €4,541 | +€1,742 | +62.3% |
| Recurring financial income | 75 | €2,798 | €4,541 | +€1,742 | +62.3% |
| Financial charges | 65/66B | €1,233 | €773 | -€459 | -37.3% |
| Recurring financial charges | 65 | €1,233 | €773 | -€459 | -37.3% |
| Profit (loss) for the period before taxes | 9903 | €48,372 | €51,087 | +€2,715 | +5.6% |
| Income taxes | 67/77 | €14,197 | €15,213 | +€1,016 | +7.2% |
| Profit (loss) for the period | 9904 | €34,175 | €35,874 | +€1,699 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,175 | €35,874 | +€1,699 | +5.0% |
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 25 October 2026 via checked.be.