KNOSSOS II: 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.
KNOSSOS II
Largest movements
- Cash +€34,243
up €34,243 (+28.6%), from €119,545 to €153,788
mainly Net result for the year (+€21,204) and Tax, wage and social debts (+€10,838)
- Tangible fixed assets -€10,765
down €10,765 (-46.3%), from €23,226 to €12,462
of which Land and buildings: -€8,038
- Deferred charges and accrued income -€5,802
down €5,802 (-98.1%), from €5,917 to €115
- Tax, wage and social debts +€10,838
up €10,838 (+28.2%), from €38,496 to €49,334
of which Taxes: +€5,537
- Trade debts +€7,999
up €7,999 (+93.4%), from €8,565 to €16,564
- Other debts -€3,702
down €3,702 (-17.9%), from €20,719 to €17,017
- Reserves +€1,800
up €1,800 (+3.4%), from €52,200 to €54,000
of which Distributable reserves: +€1,800
- Staff costs +€26,552
up €26,552 (+17.1%), from €155,692 to €182,245
- Gross operating margin +€9,932
up €9,932 (+4.6%), from €218,289 to €228,222
- Taxes -€2,999
down €2,999 (-24.9%), from €12,054 to €9,055
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 | €152,639 | €169,938 | +€17,299 | +11.3% |
| Fixed assets | 21/28 | €23,671 | €12,907 | -€10,765 | -45.5% |
| Tangible fixed assets | 22/27 | €23,226 | €12,462 | -€10,765 | -46.3% |
| Land and buildings | 22 | €18,966 | €10,928 | -€8,038 | -42.4% |
| Plant, machinery and equipment | 23 | €3,703 | €1,534 | -€2,169 | -58.6% |
| Furniture and vehicles | 24 | €558 | €0 | -€558 | -100.0% |
| Financial fixed assets | 28 | €445 | €445 | = | 0.0% |
| Current assets | 29/58 | €128,967 | €157,031 | +€28,064 | +21.8% |
| Stocks and contracts in progress | 3 | €3,346 | €2,976 | -€370 | -11.1% |
| Stocks | 30/36 | €3,346 | €2,976 | -€370 | -11.1% |
| Amounts receivable within one year | 40/41 | €159 | €152 | -€7 | -4.5% |
| Other amounts receivable | 41 | €159 | €152 | -€7 | -4.5% |
| Cash at bank and in hand | 54/58 | €119,545 | €153,788 | +€34,243 | +28.6% |
| Deferred charges and accrued income | 490/1 | €5,917 | €115 | -€5,802 | -98.1% |
| Total equity and liabilities | 10/49 | €152,639 | €169,938 | +€17,299 | +11.3% |
| Equity | 10/15 | €84,018 | €87,022 | +€3,004 | +3.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €52,200 | €54,000 | +€1,800 | +3.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €50,200 | €52,000 | +€1,800 | +3.6% |
| Profit (loss) carried forward | 14 | €11,818 | €13,022 | +€1,204 | +10.2% |
| Amounts payable | 17/49 | €68,620 | €82,916 | +€14,295 | +20.8% |
| Amounts payable within one year | 42/48 | €67,781 | €82,916 | +€15,135 | +22.3% |
| Trade debts | 44 | €8,565 | €16,564 | +€7,999 | +93.4% |
| Suppliers | 440/4 | €8,565 | €16,564 | +€7,999 | +93.4% |
| Taxes, remuneration and social security | 45 | €38,496 | €49,334 | +€10,838 | +28.2% |
| Taxes | 450/3 | €13,061 | €18,598 | +€5,537 | +42.4% |
| Remuneration and social security | 454/9 | €25,435 | €30,736 | +€5,301 | +20.8% |
| Other amounts payable | 47/48 | €20,719 | €17,017 | -€3,702 | -17.9% |
| Accrued charges and deferred income | 492/3 | €840 | - | -€840 | |
| Remuneration, social security and pensions | 62 | €155,692 | €182,245 | +€26,552 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,765 | €10,765 | -€1,001 | -8.5% |
| Other operating charges | 640/8 | €2,679 | €2,760 | +€81 | +3.0% |
| Gross operating margin | 9900 | €218,289 | €228,222 | +€9,932 | +4.6% |
| Operating profit (loss) | 9901 | €48,153 | €32,452 | -€15,701 | -32.6% |
| Financial income | 75/76B | €698 | €566 | -€132 | -18.9% |
| Recurring financial income | 75 | €698 | €566 | -€132 | -18.9% |
| Financial charges | 65/66B | €3,143 | €2,759 | -€384 | -12.2% |
| Recurring financial charges | 65 | €3,143 | €2,759 | -€384 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €45,708 | €30,259 | -€15,449 | -33.8% |
| Income taxes | 67/77 | €12,054 | €9,055 | -€2,999 | -24.9% |
| Profit (loss) for the period | 9904 | €33,654 | €21,204 | -€12,450 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,654 | €21,204 | -€12,450 | -37.0% |
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 29 October 2026 via checked.be.