Knop Stijn: 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 Stijn
Largest movements
- Receivables within one year +€114,545
up €114,545 (+338%), from €33,900 to €148,445
of which Other amounts receivable: +€114,120
- Current investments -€70,028
down €70,028 (-48.8%), from €143,571 to €73,543
- Cash -€45,622
down €45,622 (-51.9%), from €87,900 to €42,278
mainly Receivables within one year (-€114,545) and Contributions, distributions and other (-€60,000)
- Tangible fixed assets +€8,028
up €8,028 (+60.0%), from €13,380 to €21,408
of which Furniture and vehicles: +€7,804
- Reserves +€45,761
up €45,761 (+21.5%), from €212,832 to €258,593
- Tax, wage and social debts -€19,430
down €19,430 (-68.2%), from €28,510 to €9,080
of which Taxes: -€19,340
- Short-term financial debts -€18,000
no longer reported in 2025 (was €18,000)
- Financial income +€39,244
up €39,244 (+3,318%), from €1,183 to €40,427
- Gross operating margin -€26,962
down €26,962 (-23.0%), from €117,226 to €90,264
- Taxes -€10,201
down €10,201 (-35.0%), from €29,104 to €18,903
- Depreciation +€1,941
up €1,941 (+61.7%), from €3,145 to €5,086
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 | €279,288 | €287,945 | +€8,657 | +3.1% |
| Fixed assets | 21/28 | €13,380 | €21,408 | +€8,028 | +60.0% |
| Tangible fixed assets | 22/27 | €13,380 | €21,408 | +€8,028 | +60.0% |
| Plant, machinery and equipment | 23 | €1,558 | €1,098 | -€460 | -29.5% |
| Furniture and vehicles | 24 | €1,463 | €9,267 | +€7,804 | +533% |
| Other tangible fixed assets | 26 | €10,359 | €11,043 | +€684 | +6.6% |
| Current assets | 29/58 | €265,909 | €266,537 | +€629 | +0.2% |
| Amounts receivable within one year | 40/41 | €33,900 | €148,445 | +€114,545 | +338% |
| Trade receivables | 40 | €13,465 | €13,891 | +€425 | +3.2% |
| Other amounts receivable | 41 | €20,435 | €134,554 | +€114,120 | +558% |
| Current investments | 50/53 | €143,571 | €73,543 | -€70,028 | -48.8% |
| Cash at bank and in hand | 54/58 | €87,900 | €42,278 | -€45,622 | -51.9% |
| Deferred charges and accrued income | 490/1 | €538 | €2,272 | +€1,734 | +322% |
| Total equity and liabilities | 10/49 | €279,288 | €287,945 | +€8,657 | +3.1% |
| Equity | 10/15 | €231,432 | €277,193 | +€45,761 | +19.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €212,832 | €258,593 | +€45,761 | +21.5% |
| Distributable reserves | 133 | €212,832 | €258,593 | +€45,761 | +21.5% |
| Amounts payable | 17/49 | €47,856 | €10,752 | -€37,104 | -77.5% |
| Amounts payable within one year | 42/48 | €47,664 | €10,558 | -€37,106 | -77.8% |
| Financial debts | 43 | €18,000 | - | -€18,000 | |
| Other loans | 439 | €18,000 | - | -€18,000 | |
| Trade debts | 44 | €1,154 | €1,478 | +€324 | +28.1% |
| Suppliers | 440/4 | €1,154 | €1,478 | +€324 | +28.1% |
| Taxes, remuneration and social security | 45 | €28,510 | €9,080 | -€19,430 | -68.2% |
| Taxes | 450/3 | €25,721 | €6,381 | -€19,340 | -75.2% |
| Remuneration and social security | 454/9 | €2,789 | €2,699 | -€90 | -3.2% |
| Accrued charges and deferred income | 492/3 | €192 | €194 | +€1 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,145 | €5,086 | +€1,941 | +61.7% |
| Other operating charges | 640/8 | €594 | €389 | -€205 | -34.6% |
| Gross operating margin | 9900 | €117,226 | €90,264 | -€26,962 | -23.0% |
| Operating profit (loss) | 9901 | €113,486 | €84,789 | -€28,697 | -25.3% |
| Financial income | 75/76B | €1,183 | €40,427 | +€39,244 | +3,318% |
| Recurring financial income | 75 | €1,183 | €40,427 | +€39,244 | +3,318% |
| Financial charges | 65/66B | €657 | €552 | -€105 | -16.0% |
| Recurring financial charges | 65 | €657 | €552 | -€105 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €114,012 | €124,664 | +€10,652 | +9.3% |
| Income taxes | 67/77 | €29,104 | €18,903 | -€10,201 | -35.0% |
| Profit (loss) for the period | 9904 | €84,908 | €105,761 | +€20,853 | +24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €84,908 | €105,761 | +€20,853 | +24.6% |
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 27 October 2026 via checked.be.