KNOWARE: 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.
KNOWARE
Largest movements
- Receivables within one year +€98,677
up €98,677 (+15.6%), from €633,200 to €731,876
of which Other amounts receivable: +€64,341
- Tangible fixed assets -€96,543
down €96,543 (-33.3%), from €289,508 to €192,965
of which Furniture and vehicles: -€87,284
- Cash -€46,529
down €46,529 (-32.5%), from €143,219 to €96,690
mainly Receivables within one year (-€98,677) and Debts after one year (-€28,955)
- Deferred charges and accrued income +€11,191
up €11,191 (+504.0%), from €2,220 to €13,412
- Profit (loss) carried forward +€34,208
up €34,208 (+7.9%), from €435,537 to €469,745
- Debts after one year -€28,955
down €28,955 (-21.0%), from €138,114 to €109,159
of which Financial debts: -€28,955
- Tax, wage and social debts -€22,383
down €22,383 (-12.4%), from €180,781 to €158,398
of which Taxes: -€24,372
- Other debts -€18,260
down €18,260 (-26.3%), from €69,483 to €51,223
- Trade debts +€17,512
up €17,512 (+10.7%), from €163,013 to €180,524
- Gross operating margin +€301,585
up €301,585 (+28.6%), from €1.1m to €1.4m
- Financial income -€166,856
no longer reported in 2025 (was €166,856)
- Write-downs +€165,898
no longer reported in 2025 (was -€165,898)
- Staff costs -€33,340
down €33,340 (-2.8%), from €1.2m to €1.2m
- Other operating charges +€29,551
up €29,551 (+661.1%), from €4,470 to €34,022
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 | €1,078,872 | €1,045,668 | -€33,204 | -3.1% |
| Fixed assets | 21/28 | €300,233 | €203,690 | -€96,543 | -32.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €289,508 | €192,965 | -€96,543 | -33.3% |
| Plant, machinery and equipment | 23 | €10,225 | €1,113 | -€9,113 | -89.1% |
| Furniture and vehicles | 24 | €278,073 | €190,790 | -€87,284 | -31.4% |
| Other tangible fixed assets | 26 | €1,209 | €1,063 | -€147 | -12.1% |
| Financial fixed assets | 28 | €10,725 | €10,725 | = | 0.0% |
| Current assets | 29/58 | €778,639 | €841,978 | +€63,339 | +8.1% |
| Amounts receivable within one year | 40/41 | €633,200 | €731,876 | +€98,677 | +15.6% |
| Trade receivables | 40 | €630,299 | €664,635 | +€34,335 | +5.4% |
| Other amounts receivable | 41 | €2,900 | €67,242 | +€64,341 | +2218.3% |
| Cash at bank and in hand | 54/58 | €143,219 | €96,690 | -€46,529 | -32.5% |
| Deferred charges and accrued income | 490/1 | €2,220 | €13,412 | +€11,191 | +504.0% |
| Total equity and liabilities | 10/49 | €1,078,872 | €1,045,668 | -€33,204 | -3.1% |
| Equity | 10/15 | €482,733 | €516,941 | +€34,208 | +7.1% |
| Contributions | 10/11 | €38,551 | €38,551 | = | 0.0% |
| Outside capital | 11 | €38,551 | - | -€38,551 | |
| Other | 1109/19 | €38,551 | - | -€38,551 | |
| Reserves | 13 | €8,645 | €8,645 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,645 | €8,645 | = | 0.0% |
| Legal reserve | 130 | €8,645 | - | -€8,645 | |
| Reserves not available under the articles | 1311 | - | €8,645 | +€8,645 | |
| Profit (loss) carried forward | 14 | €435,537 | €469,745 | +€34,208 | +7.9% |
| Amounts payable | 17/49 | €596,139 | €528,728 | -€67,412 | -11.3% |
| Amounts payable after more than one year | 17 | €138,114 | €109,159 | -€28,955 | -21.0% |
| Financial debts | 170/4 | €38,114 | €9,159 | -€28,955 | -76.0% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €457,157 | €419,569 | -€37,588 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €43,880 | €29,423 | -€14,457 | -32.9% |
| Trade debts | 44 | €163,013 | €180,524 | +€17,512 | +10.7% |
| Suppliers | 440/4 | €163,013 | €180,524 | +€17,512 | +10.7% |
| Taxes, remuneration and social security | 45 | €180,781 | €158,398 | -€22,383 | -12.4% |
| Taxes | 450/3 | €65,025 | €40,653 | -€24,372 | -37.5% |
| Remuneration and social security | 454/9 | €115,756 | €117,745 | +€1,989 | +1.7% |
| Other amounts payable | 47/48 | €69,483 | €51,223 | -€18,260 | -26.3% |
| Accrued charges and deferred income | 492/3 | €868 | - | -€868 | |
| Remuneration, social security and pensions | 62 | €1,188,160 | €1,154,820 | -€33,340 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,961 | €96,543 | +€3,582 | +3.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€165,898 | - | +€165,898 | |
| Other operating charges | 640/8 | €4,470 | €34,022 | +€29,551 | +661.1% |
| Gross operating margin | 9900 | €1,053,438 | €1,355,023 | +€301,585 | +28.6% |
| Operating profit (loss) | 9901 | -€66,255 | €69,639 | +€135,893 | |
| Financial income | 75/76B | €166,856 | - | -€166,856 | |
| Recurring financial income | 75 | €166,856 | - | -€166,856 | |
| Financial charges | 65/66B | €8,349 | €7,582 | -€767 | -9.2% |
| Recurring financial charges | 65 | €8,349 | €7,582 | -€767 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €92,253 | €62,057 | -€30,196 | -32.7% |
| Income taxes | 67/77 | €35,603 | €27,849 | -€7,754 | -21.8% |
| Profit (loss) for the period | 9904 | €56,650 | €34,208 | -€22,442 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €56,650 | €34,208 | -€22,442 | -39.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.