Knokke Homes: what changed
What changed
Knokke Homes
NACE 68.310, Real estate agency activities
filed annual accounts (NBB)
Net result for the year
€39,487
2024 · €40,484-€996
Equity
€81,592
2024 · €85,917-€4,325
Cash
€276,139
2024 · €194,087+€82,052
Balance sheet total
€476,966
2024 · €367,231+€109,735
Largest movements
Assets
- Cash +€82,052
up €82,052 (+42.3%), from €194,087 to €276,139
mainly Trade debts (+€115,066) and Net result for the year (+€39,487)
- Receivables within one year +€42,378
up €42,378 (+153%), from €27,626 to €70,004
of which Trade receivables: +€50,612
- Tangible fixed assets -€10,769
down €10,769 (-9.0%), from €120,133 to €109,364
of which Land and buildings: -€11,726
Equity and liabilities
- Trade debts +€115,066
up €115,066 (+76.1%), from €151,144 to €266,210
- Debts after one year -€6,722
down €6,722 (-6.7%), from €100,908 to €94,186
Income statement
- Staff costs +€8,219
up €8,219 (+21.7%), from €37,959 to €46,178
- Gross operating margin +€5,574
up €5,574 (+4.6%), from €120,831 to €126,405
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€40,484
Gross operating margin
+€5,574
Staff costs
-€8,219
Depreciation
+€975
Other operating charges
-€102
Financial income
-€191
Financial charges
+€785
Taxes
+€182
Result 2025
€39,487
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€137,548
Investment
-€5,777
Financing
-€49,719
Cash 2024
€194,087
From operations (derived)
+€137,548
Net result for the year
+€39,487
Depreciation
+€20,471
Receivables within one year
-€42,378
Trade debts
+€115,066
Tax, wage and social debts
+€3,191
Accrued charges and deferred income
+€1,710
Investment (derived)
-€5,777
Investment in fixed assets (net)
-€5,777
Financing
-€49,719
Debts after one year
-€6,722
Current portion of long-term debt
+€815
Contributions, distributions and other
-€43,812
Cash 2025
€276,139
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €367,231 | €476,966 | +€109,735 | +29.9% |
| Fixed assets | 21/28 | €145,518 | €130,823 | -€14,694 | -10.1% |
| Intangible fixed assets | 21 | €25,385 | €21,460 | -€3,925 | -15.5% |
| Tangible fixed assets | 22/27 | €120,133 | €109,364 | -€10,769 | -9.0% |
| Land and buildings | 22 | €103,433 | €91,708 | -€11,726 | -11.3% |
| Plant, machinery and equipment | 23 | €10,406 | €8,944 | -€1,462 | -14.0% |
| Furniture and vehicles | 24 | €6,294 | €8,711 | +€2,418 | +38.4% |
| Current assets | 29/58 | €221,713 | €346,143 | +€124,430 | +56.1% |
| Amounts receivable within one year | 40/41 | €27,626 | €70,004 | +€42,378 | +153% |
| Trade receivables | 40 | €8,992 | €59,604 | +€50,612 | +563% |
| Other amounts receivable | 41 | €18,634 | €10,400 | -€8,234 | -44.2% |
| Cash at bank and in hand | 54/58 | €194,087 | €276,139 | +€82,052 | +42.3% |
| Total equity and liabilities | 10/49 | €367,231 | €476,966 | +€109,735 | +29.9% |
| Equity | 10/15 | €85,917 | €81,592 | -€4,325 | -5.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,917 | €78,592 | -€4,325 | -5.2% |
| Amounts payable | 17/49 | €281,313 | €395,373 | +€114,060 | +40.5% |
| Amounts payable after more than one year | 17 | €100,908 | €94,186 | -€6,722 | -6.7% |
| Financial debts | 170/4 | €100,908 | €94,186 | -€6,722 | -6.7% |
| Amounts payable within one year | 42/48 | €177,899 | €296,971 | +€119,072 | +66.9% |
| Current portion of amounts payable after more than one year | 42 | €6,455 | €7,270 | +€815 | +12.6% |
| Trade debts | 44 | €151,144 | €266,210 | +€115,066 | +76.1% |
| Suppliers | 440/4 | €151,144 | €266,210 | +€115,066 | +76.1% |
| Taxes, remuneration and social security | 45 | €20,300 | €23,490 | +€3,191 | +15.7% |
| Taxes | 450/3 | €15,479 | €23,490 | +€8,011 | +51.8% |
| Remuneration and social security | 454/9 | €4,820 | - | -€4,820 | |
| Accrued charges and deferred income | 492/3 | €2,506 | €4,216 | +€1,710 | +68.2% |
| Remuneration, social security and pensions | 62 | €37,959 | €46,178 | +€8,219 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,447 | €20,471 | -€975 | -4.5% |
| Other operating charges | 640/8 | €553 | €656 | +€102 | +18.5% |
| Gross operating margin | 9900 | €120,831 | €126,405 | +€5,574 | +4.6% |
| Operating profit (loss) | 9901 | €60,872 | €59,100 | -€1,773 | -2.9% |
| Financial income | 75/76B | €290 | €99 | -€191 | -65.8% |
| Recurring financial income | 75 | €290 | €99 | -€191 | -65.8% |
| Financial charges | 65/66B | €6,073 | €5,288 | -€785 | -12.9% |
| Recurring financial charges | 65 | €6,073 | €5,288 | -€785 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €55,089 | €53,911 | -€1,179 | -2.1% |
| Income taxes | 67/77 | €14,605 | €14,423 | -€182 | -1.2% |
| Profit (loss) for the period | 9904 | €40,484 | €39,487 | -€996 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,484 | €39,487 | -€996 | -2.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.