KNOWLEDGE NOMADS: 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.
KNOWLEDGE NOMADS
Largest movements
- Receivables within one year -€31,798
down €31,798 (-48.4%), from €65,687 to €33,889
of which Other amounts receivable: -€35,672
- Cash -€13,691
down €13,691 (-93.9%), from €14,584 to €893
mainly Other debts (-€26,662) and Tax, wage and social debts (-€15,118)
- Tangible fixed assets +€2,888
new in 2025: €2,888
of which Plant, machinery and equipment: +€1,706
- Other debts -€26,662
down €26,662 (-72.5%), from €36,759 to €10,097
- Tax, wage and social debts -€15,118
down €15,118 (-66.4%), from €22,784 to €7,666
of which Taxes: -€11,852
- Gross operating margin -€40,593
down €40,593 (-69.4%), from €58,510 to €17,917
- Taxes -€8,841
down €8,841 (-67.2%), from €13,149 to €4,309
- Depreciation -€901
down €901 (-79.1%), from €1,139 to €238
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 | €82,481 | €40,076 | -€42,404 | -51.4% |
| Fixed assets | 21/28 | - | €2,888 | +€2,888 | |
| Tangible fixed assets | 22/27 | - | €2,888 | +€2,888 | |
| Plant, machinery and equipment | 23 | - | €1,706 | +€1,706 | |
| Furniture and vehicles | 24 | - | €1,183 | +€1,183 | |
| Current assets | 29/58 | €82,481 | €37,188 | -€45,293 | -54.9% |
| Amounts receivable within one year | 40/41 | €65,687 | €33,889 | -€31,798 | -48.4% |
| Trade receivables | 40 | €650 | €4,525 | +€3,875 | +596.2% |
| Other amounts receivable | 41 | €65,037 | €29,364 | -€35,672 | -54.8% |
| Cash at bank and in hand | 54/58 | €14,584 | €893 | -€13,691 | -93.9% |
| Deferred charges and accrued income | 490/1 | €2,210 | €2,406 | +€195 | +8.8% |
| Total equity and liabilities | 10/49 | €82,481 | €40,076 | -€42,404 | -51.4% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €63,881 | €21,476 | -€42,404 | -66.4% |
| Amounts payable within one year | 42/48 | €63,881 | €21,476 | -€42,404 | -66.4% |
| Trade debts | 44 | €4,338 | €3,713 | -€624 | -14.4% |
| Suppliers | 440/4 | €4,338 | €3,713 | -€624 | -14.4% |
| Taxes, remuneration and social security | 45 | €22,784 | €7,666 | -€15,118 | -66.4% |
| Taxes | 450/3 | €19,519 | €7,666 | -€11,852 | -60.7% |
| Remuneration and social security | 454/9 | €3,265 | - | -€3,265 | |
| Other amounts payable | 47/48 | €36,759 | €10,097 | -€26,662 | -72.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,139 | €238 | -€901 | -79.1% |
| Other operating charges | 640/8 | €727 | €759 | +€32 | +4.4% |
| Gross operating margin | 9900 | €58,510 | €17,917 | -€40,593 | -69.4% |
| Operating profit (loss) | 9901 | €56,644 | €16,920 | -€39,723 | -70.1% |
| Financial charges | 65/66B | €347 | €365 | +€19 | +5.4% |
| Recurring financial charges | 65 | €347 | €365 | +€19 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €56,297 | €16,555 | -€39,742 | -70.6% |
| Income taxes | 67/77 | €13,149 | €4,309 | -€8,841 | -67.2% |
| Profit (loss) for the period | 9904 | €43,148 | €12,246 | -€30,902 | -71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,148 | €12,246 | -€30,902 | -71.6% |
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 7 October 2026 via checked.be.