KNOWLEDGE NETWORKS: 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.
KNOWLEDGE NETWORKS
Largest movements
- Current investments +€151,500
up €151,500 (+17.1%), from €883,631 to €1.0m
- Cash -€42,739
down €42,739 (-25.7%), from €166,045 to €123,305
mainly Current investments (-€151,500) and Contributions, distributions and other (-€30,000)
- Receivables within one year -€21,871
down €21,871 (-46.8%), from €46,746 to €24,875
- Tangible fixed assets +€16,345
new in 2025: €16,345
- Reserves +€104,468
up €104,468 (+15.4%), from €678,843 to €783,311
of which Distributable reserves: +€104,468
- Other debts +€17,245
up €17,245 (+5.8%), from €297,321 to €314,566
- Tax, wage and social debts -€15,354
down €15,354 (-38.3%), from €40,112 to €24,758
- Provisions +€63,415
up €63,415 (+87.8%), from -€72,195 to -€8,780
- Gross operating margin +€26,203
up €26,203 (+14.7%), from €178,761 to €204,964
- Taxes -€17,231
down €17,231 (-20.7%), from €83,167 to €65,936
- Financial income -€12,930
down €12,930 (-40.9%), from €31,615 to €18,685
- Depreciation +€6,694
up €6,694, from €0 to €6,694
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 | €1,104,821 | €1,203,074 | +€98,253 | +8.9% |
| Fixed assets | 21/28 | - | €16,345 | +€16,345 | |
| Tangible fixed assets | 22/27 | - | €16,345 | +€16,345 | |
| Furniture and vehicles | 24 | - | €16,345 | +€16,345 | |
| Current assets | 29/58 | €1,104,821 | €1,186,730 | +€81,908 | +7.4% |
| Amounts receivable within one year | 40/41 | €46,746 | €24,875 | -€21,871 | -46.8% |
| Trade receivables | 40 | €46,746 | €24,875 | -€21,871 | -46.8% |
| Current investments | 50/53 | €883,631 | €1,035,131 | +€151,500 | +17.1% |
| Cash at bank and in hand | 54/58 | €166,045 | €123,305 | -€42,739 | -25.7% |
| Deferred charges and accrued income | 490/1 | €8,399 | €3,418 | -€4,982 | -59.3% |
| Total equity and liabilities | 10/49 | €1,104,821 | €1,203,074 | +€98,253 | +8.9% |
| Equity | 10/15 | €697,443 | €801,911 | +€104,468 | +15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €678,843 | €783,311 | +€104,468 | +15.4% |
| Tax-exempt reserves | 132 | €184,558 | €184,558 | = | 0.0% |
| Distributable reserves | 133 | €494,285 | €598,753 | +€104,468 | +21.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €66,738 | €57,958 | -€8,780 | -13.2% |
| Provisions for liabilities and charges | 160/5 | €8,780 | €0 | -€8,780 | -100% |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €8,780 | €0 | -€8,780 | -100% |
| Deferred taxes | 168 | €57,958 | €57,958 | = | 0.0% |
| Amounts payable | 17/49 | €340,640 | €343,205 | +€2,565 | +0.8% |
| Amounts payable within one year | 42/48 | €339,740 | €340,566 | +€827 | +0.2% |
| Trade debts | 44 | €2,306 | €1,242 | -€1,064 | -46.2% |
| Suppliers | 440/4 | €2,306 | €1,242 | -€1,064 | -46.2% |
| Taxes, remuneration and social security | 45 | €40,112 | €24,758 | -€15,354 | -38.3% |
| Taxes | 450/3 | €40,112 | €24,758 | -€15,354 | -38.3% |
| Other amounts payable | 47/48 | €297,321 | €314,566 | +€17,245 | +5.8% |
| Accrued charges and deferred income | 492/3 | €900 | €2,639 | +€1,739 | +193% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €6,694 | +€6,694 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€72,195 | -€8,780 | +€63,415 | +87.8% |
| Other operating charges | 640/8 | €1,579 | €1,616 | +€37 | +2.3% |
| Gross operating margin | 9900 | €178,761 | €204,964 | +€26,203 | +14.7% |
| Operating profit (loss) | 9901 | €249,377 | €205,434 | -€43,943 | -17.6% |
| Financial income | 75/76B | €31,615 | €18,685 | -€12,930 | -40.9% |
| Recurring financial income | 75 | €31,615 | €18,685 | -€12,930 | -40.9% |
| Financial charges | 65/66B | €23,932 | €23,715 | -€217 | -0.9% |
| Recurring financial charges | 65 | €23,932 | €23,715 | -€217 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €257,060 | €200,404 | -€56,656 | -22.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €83,167 | €65,936 | -€17,231 | -20.7% |
| Profit (loss) for the period | 9904 | €173,893 | €134,468 | -€39,425 | -22.7% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €173,893 | €134,468 | -€39,425 | -22.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.