Knop Koen: 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.
Knop Koen
Largest movements
- Cash +€32,985
up €32,985 (+318%), from €10,379 to €43,364
mainly Net result for the year (+€65,309) and Receivables within one year (+€26,599)
- Receivables within one year -€26,599
down €26,599 (-61.5%), from €43,223 to €16,623
of which Other amounts receivable: -€27,275
- Current investments +€24,563
up €24,563 (+58.7%), from €41,871 to €66,434
- Tangible fixed assets +€5,250
up €5,250 (+17.2%), from €30,490 to €35,740
of which Furniture and vehicles: +€9,011
- Reserves +€65,309
up €65,309 (+88.3%), from €73,991 to €139,299
- Short-term financial debts -€18,000
no longer reported in 2025 (was €18,000)
- Other debts -€8,998
down €8,998 (-83.1%), from €10,828 to €1,830
- Tax, wage and social debts -€2,086
down €2,086 (-42.8%), from €4,879 to €2,793
of which Taxes: -€2,729
- Financial income -€8,575
down €8,575 (-91.4%), from €9,379 to €804
- Depreciation +€1,097
up €1,097 (+18.3%), from €6,004 to €7,101
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 | €127,705 | €163,966 | +€36,261 | +28.4% |
| Fixed assets | 21/28 | €30,490 | €35,740 | +€5,250 | +17.2% |
| Tangible fixed assets | 22/27 | €30,490 | €35,740 | +€5,250 | +17.2% |
| Plant, machinery and equipment | 23 | €1,659 | €1,169 | -€490 | -29.5% |
| Furniture and vehicles | 24 | €8,560 | €17,571 | +€9,011 | +105% |
| Other tangible fixed assets | 26 | €20,270 | €16,999 | -€3,271 | -16.1% |
| Current assets | 29/58 | €97,216 | €128,226 | +€31,011 | +31.9% |
| Amounts receivable within one year | 40/41 | €43,223 | €16,623 | -€26,599 | -61.5% |
| Trade receivables | 40 | €13,465 | €14,141 | +€675 | +5.0% |
| Other amounts receivable | 41 | €29,757 | €2,483 | -€27,275 | -91.7% |
| Current investments | 50/53 | €41,871 | €66,434 | +€24,563 | +58.7% |
| Cash at bank and in hand | 54/58 | €10,379 | €43,364 | +€32,985 | +318% |
| Deferred charges and accrued income | 490/1 | €1,743 | €1,806 | +€62 | +3.6% |
| Total equity and liabilities | 10/49 | €127,705 | €163,966 | +€36,261 | +28.4% |
| Equity | 10/15 | €92,591 | €157,899 | +€65,309 | +70.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,991 | €139,299 | +€65,309 | +88.3% |
| Distributable reserves | 133 | €73,991 | €139,299 | +€65,309 | +88.3% |
| Amounts payable | 17/49 | €35,115 | €6,067 | -€29,048 | -82.7% |
| Amounts payable within one year | 42/48 | €34,922 | €5,874 | -€29,048 | -83.2% |
| Financial debts | 43 | €18,000 | - | -€18,000 | |
| Other loans | 439 | €18,000 | - | -€18,000 | |
| Trade debts | 44 | €1,215 | €1,251 | +€36 | +3.0% |
| Suppliers | 440/4 | €1,215 | €1,251 | +€36 | +3.0% |
| Taxes, remuneration and social security | 45 | €4,879 | €2,793 | -€2,086 | -42.8% |
| Taxes | 450/3 | €2,729 | - | -€2,729 | |
| Remuneration and social security | 454/9 | €2,150 | €2,793 | +€643 | +29.9% |
| Other amounts payable | 47/48 | €10,828 | €1,830 | -€8,998 | -83.1% |
| Accrued charges and deferred income | 492/3 | €192 | €192 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,004 | €7,101 | +€1,097 | +18.3% |
| Other operating charges | 640/8 | €1,170 | €1,736 | +€567 | +48.4% |
| Gross operating margin | 9900 | €92,698 | €93,428 | +€731 | +0.8% |
| Operating profit (loss) | 9901 | €85,524 | €84,591 | -€933 | -1.1% |
| Financial income | 75/76B | €9,379 | €804 | -€8,575 | -91.4% |
| Recurring financial income | 75 | €9,379 | €804 | -€8,575 | -91.4% |
| Financial charges | 65/66B | €3,127 | €2,497 | -€630 | -20.1% |
| Recurring financial charges | 65 | €3,127 | €2,497 | -€630 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €91,776 | €82,898 | -€8,878 | -9.7% |
| Income taxes | 67/77 | €17,785 | €17,589 | -€196 | -1.1% |
| Profit (loss) for the period | 9904 | €73,991 | €65,309 | -€8,682 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €73,991 | €65,309 | -€8,682 | -11.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.