KNOK DESIGN: 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.
KNOK DESIGN
Largest movements
- Receivables within one year +€247,107
up €247,107 (+136.9%), from €180,516 to €427,623
of which Trade receivables: +€247,224
- Cash +€13,671
up €13,671 (+10.9%), from €125,502 to €139,172
mainly Trade debts (+€251,586) and Other debts (+€219,671)
- Tangible fixed assets -€7,561
down €7,561 (-14.5%), from €52,273 to €44,711
of which Land and buildings: -€5,590
- Trade debts +€251,586
up €251,586 (+866.4%), from €29,038 to €280,624
- Other debts +€219,671
new in 2025: €219,671
- Profit (loss) carried forward -€210,130
down €210,130 (-100.0%), from €210,130 to €0
- Accrued charges and deferred income -€6,433
down €6,433 (-26.6%), from €24,183 to €17,750
- Purchases and services +€190,492
up €190,492 (+32.1%), from €593,233 to €783,725
- Gross operating margin -€172,225
down €172,225 (-60.2%), from €285,869 to €113,644
- Taxes -€31,586
down €31,586 (-61.2%), from €51,586 to €20,000
- Turnover +€17,457
up €17,457 (+2.0%), from €875,227 to €892,684
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 | €360,533 | €614,110 | +€253,577 | +70.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €53,043 | €45,481 | -€7,561 | -14.3% |
| Tangible fixed assets | 22/27 | €52,273 | €44,711 | -€7,561 | -14.5% |
| Land and buildings | 22 | €50,301 | €44,711 | -€5,590 | -11.1% |
| Plant, machinery and equipment | 23 | €547 | €0 | -€547 | -100.0% |
| Furniture and vehicles | 24 | €1,425 | €0 | -€1,425 | -100.0% |
| Financial fixed assets | 28 | €770 | €770 | = | 0.0% |
| Current assets | 29/58 | €307,490 | €568,629 | +€261,139 | +84.9% |
| Amounts receivable within one year | 40/41 | €180,516 | €427,623 | +€247,107 | +136.9% |
| Trade receivables | 40 | €174,129 | €421,352 | +€247,224 | +142.0% |
| Other amounts receivable | 41 | €6,388 | €6,271 | -€116 | -1.8% |
| Cash at bank and in hand | 54/58 | €125,502 | €139,172 | +€13,671 | +10.9% |
| Deferred charges and accrued income | 490/1 | €1,472 | €1,833 | +€361 | +24.5% |
| Total equity and liabilities | 10/49 | €360,533 | €614,110 | +€253,577 | +70.3% |
| Equity | 10/15 | €232,130 | €22,000 | -€210,130 | -90.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | - | €20,000 | +€20,000 | |
| Issued capital | 100 | - | €20,000 | +€20,000 | |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €2,000 | +€2,000 | |
| Legal reserve | 130 | - | €2,000 | +€2,000 | |
| Distributable reserves | 133 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | €210,130 | €0 | -€210,130 | -100.0% |
| Amounts payable | 17/49 | €128,402 | €592,110 | +€463,707 | +361.1% |
| Amounts payable after more than one year | 17 | €15,330 | €15,330 | = | 0.0% |
| Financial debts | 170/4 | €15,330 | €15,330 | = | 0.0% |
| Amounts payable within one year | 42/48 | €88,890 | €559,030 | +€470,140 | +528.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €29,038 | €280,624 | +€251,586 | +866.4% |
| Suppliers | 440/4 | €29,038 | €280,624 | +€251,586 | +866.4% |
| Taxes, remuneration and social security | 45 | €59,852 | €58,735 | -€1,117 | -1.9% |
| Taxes | 450/3 | €51,586 | €51,586 | = | 0.0% |
| Remuneration and social security | 454/9 | €8,266 | €7,149 | -€1,117 | -13.5% |
| Other amounts payable | 47/48 | - | €219,671 | +€219,671 | |
| Accrued charges and deferred income | 492/3 | €24,183 | €17,750 | -€6,433 | -26.6% |
| Turnover | 70 | €875,227 | €892,684 | +€17,457 | +2.0% |
| Non-recurring operating income | 76A | €3,801 | - | -€3,801 | |
| Goods, raw materials, services and sundry goods | 60/61 | €593,233 | €783,725 | +€190,492 | +32.1% |
| Remuneration, social security and pensions | 62 | €75,861 | €76,884 | +€1,024 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,532 | €7,561 | -€2,971 | -28.2% |
| Other operating charges | 640/8 | €1,293 | €1,100 | -€194 | -15.0% |
| Gross operating margin | 9900 | €285,869 | €113,644 | -€172,225 | -60.2% |
| Operating profit (loss) | 9901 | €198,182 | €28,098 | -€170,084 | -85.8% |
| Financial income | 75/76B | €1 | €289 | +€288 | +25012.2% |
| Recurring financial income | 75 | €1 | €289 | +€288 | +25012.2% |
| Financial charges | 65/66B | €636 | €476 | -€160 | -25.2% |
| Recurring financial charges | 65 | €636 | €476 | -€160 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €197,547 | €27,911 | -€169,636 | -85.9% |
| Income taxes | 67/77 | €51,586 | €20,000 | -€31,586 | -61.2% |
| Profit (loss) for the period | 9904 | €145,961 | €7,911 | -€138,050 | -94.6% |
| Profit (loss) for the period to be appropriated | 9905 | €145,961 | €7,911 | -€138,050 | -94.6% |
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 11 October 2026 via checked.be.