KNOW IT: what changed
Two fiscal 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.
KNOW IT
Largest movements
- Receivables within one year -€82,594
down €82,594 (-32.5%), from €253,815 to €171,221
of which Other amounts receivable: -€42,208
- Cash +€22,836
up €22,836 (+35.8%), from €63,825 to €86,661
mainly Receivables within one year (+€82,594) and Net result for the year (+€43,628)
- Receivables after one year -€20,000
down €20,000 (-70.6%), from €28,333 to €8,333
- Profit (loss) carried forward -€73,372
down €73,372 (-39.2%), from €187,008 to €113,636
- Trade debts -€6,530
down €6,530 (-50.2%), from €12,998 to €6,467
- Gross operating margin -€26,677
down €26,677 (-33.1%), from €80,662 to €53,985
- Financial income -€8,174
down €8,174 (-44.7%), from €18,290 to €10,116
- Other operating charges -€6,510
down €6,510 (-68.9%), from €9,443 to €2,933
- Taxes -€5,619
down €5,619 (-29.9%), from €18,821 to €13,203
- Staff costs -€5,109
no longer reported in 2025 (was €5,109)
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.
Cash bridge derived
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 | €358,760 | €276,711 | -€82,048 | -22.9% |
| Fixed assets | 21/28 | €7,867 | €8,791 | +€924 | +11.8% |
| Tangible fixed assets | 22/27 | €4,787 | €5,711 | +€924 | +19.3% |
| Furniture and vehicles | 24 | €4,787 | €5,711 | +€924 | +19.3% |
| Financial fixed assets | 28 | €3,080 | €3,080 | = | 0.0% |
| Current assets | 29/58 | €350,893 | €267,921 | -€82,972 | -23.6% |
| Amounts receivable after more than one year | 29 | €28,333 | €8,333 | -€20,000 | -70.6% |
| Other amounts receivable | 291 | €28,333 | €8,333 | -€20,000 | -70.6% |
| Amounts receivable within one year | 40/41 | €253,815 | €171,221 | -€82,594 | -32.5% |
| Trade receivables | 40 | €56,956 | €16,571 | -€40,386 | -70.9% |
| Other amounts receivable | 41 | €196,859 | €154,650 | -€42,208 | -21.4% |
| Cash at bank and in hand | 54/58 | €63,825 | €86,661 | +€22,836 | +35.8% |
| Deferred charges and accrued income | 490/1 | €4,920 | €1,706 | -€3,214 | -65.3% |
| Total equity and liabilities | 10/49 | €358,760 | €276,711 | -€82,048 | -22.9% |
| Equity | 10/15 | €233,670 | €160,298 | -€73,372 | -31.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €16,662 | €16,662 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,226 | €9,226 | = | 0.0% |
| Distributable reserves | 133 | €7,437 | €7,437 | = | 0.0% |
| Profit (loss) carried forward | 14 | €187,008 | €113,636 | -€73,372 | -39.2% |
| Amounts payable | 17/49 | €125,090 | €116,413 | -€8,676 | -6.9% |
| Amounts payable within one year | 42/48 | €125,068 | €116,374 | -€8,694 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €5,150 | €5,097 | -€53 | -1.0% |
| Trade debts | 44 | €12,998 | €6,467 | -€6,530 | -50.2% |
| Suppliers | 440/4 | €12,998 | €6,467 | -€6,530 | -50.2% |
| Taxes, remuneration and social security | 45 | €6,920 | €4,691 | -€2,229 | -32.2% |
| Taxes | 450/3 | €6,920 | €4,691 | -€2,229 | -32.2% |
| Other amounts payable | 47/48 | €100,000 | €100,119 | +€119 | +0.1% |
| Accrued charges and deferred income | 492/3 | €21 | €39 | +€17 | +80.7% |
| Remuneration, social security and pensions | 62 | €5,109 | - | -€5,109 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,681 | €3,814 | -€1,868 | -32.9% |
| Other operating charges | 640/8 | €9,443 | €2,933 | -€6,510 | -68.9% |
| Gross operating margin | 9900 | €80,662 | €53,985 | -€26,677 | -33.1% |
| Operating profit (loss) | 9901 | €60,429 | €47,238 | -€13,191 | -21.8% |
| Financial income | 75/76B | €18,290 | €10,116 | -€8,174 | -44.7% |
| Recurring financial income | 75 | €18,290 | €10,116 | -€8,174 | -44.7% |
| Financial charges | 65/66B | €1,599 | €523 | -€1,075 | -67.3% |
| Recurring financial charges | 65 | €1,599 | €523 | -€1,075 | -67.3% |
| Profit (loss) for the period before taxes | 9903 | €77,121 | €56,831 | -€20,290 | -26.3% |
| Income taxes | 67/77 | €18,821 | €13,203 | -€5,619 | -29.9% |
| Profit (loss) for the period | 9904 | €58,300 | €43,628 | -€14,671 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,300 | €43,628 | -€14,671 | -25.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.