KNOCK: 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.
KNOCK
Largest movements
- Tangible fixed assets -€39,061
down €39,061 (-12.3%), from €318,586 to €279,525
of which Plant, machinery and equipment: -€26,899
- Debts after one year +€200,000
new in 2025: €200,000
- Other debts -€200,000
down €200,000 (-69.0%), from €289,847 to €89,847
- Profit (loss) carried forward -€38,134
down €38,134 (-16.2%), from -€235,291 to -€273,424
- Depreciation +€13,327
up €13,327 (+51.7%), from €25,778 to €39,105
- Gross operating margin -€12,213
down €12,213 (-68.9%), from €17,719 to €5,506
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 | €322,282 | €284,928 | -€37,353 | -11.6% |
| Fixed assets | 21/28 | €318,586 | €279,525 | -€39,061 | -12.3% |
| Tangible fixed assets | 22/27 | €318,586 | €279,525 | -€39,061 | -12.3% |
| Land and buildings | 22 | €68,364 | €56,202 | -€12,162 | -17.8% |
| Plant, machinery and equipment | 23 | €243,722 | €216,823 | -€26,899 | -11.0% |
| Furniture and vehicles | 24 | €6,500 | €6,500 | = | 0.0% |
| Current assets | 29/58 | €3,696 | €5,403 | +€1,708 | +46.2% |
| Cash at bank and in hand | 54/58 | €3,660 | €5,403 | +€1,744 | +47.6% |
| Deferred charges and accrued income | 490/1 | €36 | €0 | -€36 | -100.0% |
| Total equity and liabilities | 10/49 | €322,282 | €284,928 | -€37,353 | -11.6% |
| Equity | 10/15 | €32,434 | -€5,699 | -€38,134 | |
| Contributions | 10/11 | €109,073 | €109,073 | = | 0.0% |
| Capital | 10 | €109,073 | €109,073 | = | 0.0% |
| Issued capital | 100 | €109,073 | €109,073 | = | 0.0% |
| Revaluation surpluses | 12 | €158,652 | €158,652 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€235,291 | -€273,424 | -€38,134 | -16.2% |
| Amounts payable | 17/49 | €289,847 | €290,628 | +€781 | +0.3% |
| Amounts payable after more than one year | 17 | - | €200,000 | +€200,000 | |
| Other amounts payable | 178/9 | - | €200,000 | +€200,000 | |
| Amounts payable within one year | 42/48 | €289,847 | €90,628 | -€199,219 | -68.7% |
| Trade debts | 44 | - | €781 | +€781 | |
| Suppliers | 440/4 | - | €781 | +€781 | |
| Other amounts payable | 47/48 | €289,847 | €89,847 | -€200,000 | -69.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,778 | €39,105 | +€13,327 | +51.7% |
| Other operating charges | 640/8 | €4,385 | €4,419 | +€34 | +0.8% |
| Gross operating margin | 9900 | €17,719 | €5,506 | -€12,213 | -68.9% |
| Operating profit (loss) | 9901 | -€12,444 | -€38,018 | -€25,574 | -205.5% |
| Financial charges | 65/66B | €136 | €116 | -€20 | -14.7% |
| Recurring financial charges | 65 | €136 | €116 | -€20 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,580 | -€38,134 | -€25,554 | -203.1% |
| Profit (loss) for the period | 9904 | -€12,580 | -€38,134 | -€25,554 | -203.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,580 | -€38,134 | -€25,554 | -203.1% |
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 5 October 2026 via checked.be.