KNOTWILG: 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.
KNOTWILG
Largest movements
- Tangible fixed assets -€219,090
down €219,090 (-3.0%), from €7.3m to €7.1m
- Cash +€177,387
up €177,387 (+1,545%), from €11,484 to €188,871
mainly Depreciation (+€219,090) and Net result for the year (+€137,045)
- Receivables within one year -€128,636
down €128,636 (-98.7%), from €130,295 to €1,659
of which Trade receivables: -€128,636
- Debts after one year -€300,000
down €300,000 (-5.9%), from €5.1m to €4.8m
- Reserves +€137,045
up €137,045 (+27.4%), from €499,584 to €636,629
- Turnover +€17,036
up €17,036 (+3.5%), from €490,044 to €507,080
- Taxes +€5,988
up €5,988 (+15.1%), from €39,693 to €45,682
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 | €7,948,179 | €7,837,339 | -€110,840 | -1.4% |
| Fixed assets | 21/28 | €7,337,333 | €7,118,243 | -€219,090 | -3.0% |
| Tangible fixed assets | 22/27 | €7,337,333 | €7,118,243 | -€219,090 | -3.0% |
| Land and buildings | 22 | €7,337,333 | €7,118,243 | -€219,090 | -3.0% |
| Current assets | 29/58 | €610,845 | €719,096 | +€108,250 | +17.7% |
| Amounts receivable within one year | 40/41 | €130,295 | €1,659 | -€128,636 | -98.7% |
| Trade receivables | 40 | €128,636 | - | -€128,636 | |
| Other amounts receivable | 41 | €1,659 | €1,659 | = | 0.0% |
| Current investments | 50/53 | €175,000 | €250,000 | +€75,000 | +42.9% |
| Other investments | 51/53 | €175,000 | €250,000 | +€75,000 | +42.9% |
| Cash at bank and in hand | 54/58 | €11,484 | €188,871 | +€177,387 | +1,545% |
| Deferred charges and accrued income | 490/1 | €294,067 | €278,566 | -€15,501 | -5.3% |
| Total equity and liabilities | 10/49 | €7,948,179 | €7,837,339 | -€110,840 | -1.4% |
| Equity | 10/15 | €2,309,584 | €2,446,629 | +€137,045 | +5.9% |
| Contributions | 10/11 | €1,810,000 | €1,810,000 | = | 0.0% |
| Reserves | 13 | €499,584 | €636,629 | +€137,045 | +27.4% |
| Distributable reserves | 133 | €499,584 | €636,629 | +€137,045 | +27.4% |
| Amounts payable | 17/49 | €5,638,594 | €5,390,709 | -€247,885 | -4.4% |
| Amounts payable after more than one year | 17 | €5,070,000 | €4,770,000 | -€300,000 | -5.9% |
| Financial debts | 170/4 | €5,070,000 | €4,770,000 | -€300,000 | -5.9% |
| Credit institutions | 173 | €3,750,000 | €3,450,000 | -€300,000 | -8.0% |
| Other loans | 174 | €1,320,000 | €1,320,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €568,594 | €561,780 | -€6,814 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €300,000 | €300,000 | = | 0.0% |
| Trade debts | 44 | €1,084 | €1,095 | +€11 | +1.0% |
| Suppliers | 440/4 | €1,084 | €1,095 | +€11 | +1.0% |
| Taxes, remuneration and social security | 45 | - | €4,828 | +€4,828 | |
| Taxes | 450/3 | - | €4,828 | +€4,828 | |
| Other amounts payable | 47/48 | €267,511 | €255,857 | -€11,654 | -4.4% |
| Accrued charges and deferred income | 492/3 | - | €58,929 | +€58,929 | |
| Operating income | 70/76A | €490,044 | €507,080 | +€17,036 | +3.5% |
| Turnover | 70 | €490,044 | €507,080 | +€17,036 | +3.5% |
| Operating charges | 60/66A | €227,623 | €222,645 | -€4,978 | -2.2% |
| Services and other goods | 61 | €7,470 | €2,458 | -€5,012 | -67.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €219,090 | €219,090 | = | 0.0% |
| Other operating charges | 640/8 | €1,063 | €1,097 | +€34 | +3.2% |
| Operating profit (loss) | 9901 | €262,420 | €284,435 | +€22,014 | +8.4% |
| Financial income | 75/76B | €4,508 | €2,845 | -€1,664 | -36.9% |
| Recurring financial income | 75 | €4,508 | €2,845 | -€1,664 | -36.9% |
| Income from current assets | 751 | €4,508 | €2,845 | -€1,664 | -36.9% |
| Financial charges | 65/66B | €108,155 | €104,553 | -€3,602 | -3.3% |
| Recurring financial charges | 65 | €108,155 | €104,553 | -€3,602 | -3.3% |
| Debt charges | 650 | €107,544 | €103,954 | -€3,589 | -3.3% |
| Other financial charges | 652/9 | €611 | €598 | -€13 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €158,774 | €182,727 | +€23,953 | +15.1% |
| Income taxes | 67/77 | €39,693 | €45,682 | +€5,988 | +15.1% |
| Taxes | 670/3 | €39,693 | €45,682 | +€5,988 | +15.1% |
| Profit (loss) for the period | 9904 | €119,080 | €137,045 | +€17,965 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €119,080 | €137,045 | +€17,965 | +15.1% |
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 16 October 2026 via checked.be.