KNR: 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.
KNR
Largest movements
- Receivables within one year -€30,923
down €30,923 (-100.0%), from €30,924 to €1
of which Trade receivables: -€19,522
- Intangible fixed assets +€9,995
new in 2025: €9,995
- Tangible fixed assets -€556
down €556 (-10.5%), from €5,311 to €4,756
of which Other tangible fixed assets: -€412
- Trade debts -€15,691
down €15,691 (-98.0%), from €16,017 to €326
- Tax, wage and social debts -€10,015
down €10,015 (-83.0%), from €12,060 to €2,045
- Other debts +€5,443
up €5,443 (+21,791%), from €25 to €5,468
- Short-term financial debts -€3,939
down €3,939 (-100%), from €3,939 to €0
- Reserves +€2,588
up €2,588 (+799%), from €324 to €2,912
- Gross operating margin +€7,803
up €7,803, from -€833 to €6,970
- Other operating charges -€1,396
down €1,396 (-72.4%), from €1,927 to €531
- Depreciation +€585
up €585 (+33.6%), from €1,743 to €2,329
- Financial income -€506
down €506 (-96.4%), from €525 to €19
- Taxes +€164
up €164 (+15.4%), from €1,069 to €1,233
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 | €36,364 | €14,751 | -€21,613 | -59.4% |
| Fixed assets | 21/28 | €5,311 | €14,750 | +€9,439 | +178% |
| Intangible fixed assets | 21 | - | €9,995 | +€9,995 | |
| Tangible fixed assets | 22/27 | €5,311 | €4,756 | -€556 | -10.5% |
| Furniture and vehicles | 24 | €1,634 | €1,491 | -€144 | -8.8% |
| Other tangible fixed assets | 26 | €3,677 | €3,265 | -€412 | -11.2% |
| Current assets | 29/58 | €31,053 | €1 | -€31,052 | -100.0% |
| Amounts receivable within one year | 40/41 | €30,924 | €1 | -€30,923 | -100.0% |
| Trade receivables | 40 | €19,522 | €0 | -€19,522 | -100% |
| Other amounts receivable | 41 | €11,402 | €1 | -€11,401 | -100.0% |
| Cash at bank and in hand | 54/58 | €128 | €0 | -€128 | -100% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €36,364 | €14,751 | -€21,613 | -59.4% |
| Equity | 10/15 | €4,324 | €6,912 | +€2,588 | +59.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €324 | €2,912 | +€2,588 | +799% |
| Distributable reserves | 133 | €324 | €2,912 | +€2,588 | +799% |
| Amounts payable | 17/49 | €32,040 | €7,839 | -€24,201 | -75.5% |
| Amounts payable within one year | 42/48 | €32,040 | €7,839 | -€24,201 | -75.5% |
| Financial debts | 43 | €3,939 | €0 | -€3,939 | -100% |
| Credit institutions | 430/8 | €3,939 | €0 | -€3,939 | -100% |
| Trade debts | 44 | €16,017 | €326 | -€15,691 | -98.0% |
| Suppliers | 440/4 | €16,017 | €326 | -€15,691 | -98.0% |
| Taxes, remuneration and social security | 45 | €12,060 | €2,045 | -€10,015 | -83.0% |
| Taxes | 450/3 | €12,060 | €2,045 | -€10,015 | -83.0% |
| Other amounts payable | 47/48 | €25 | €5,468 | +€5,443 | +21,791% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,743 | €2,329 | +€585 | +33.6% |
| Other operating charges | 640/8 | €1,927 | €531 | -€1,396 | -72.4% |
| Gross operating margin | 9900 | -€833 | €6,970 | +€7,803 | |
| Operating profit (loss) | 9901 | -€4,503 | €4,110 | +€8,613 | |
| Financial income | 75/76B | €525 | €19 | -€506 | -96.4% |
| Recurring financial income | 75 | €525 | €19 | -€506 | -96.4% |
| Financial charges | 65/66B | €295 | €308 | +€13 | +4.3% |
| Recurring financial charges | 65 | €295 | €308 | +€13 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,273 | €3,821 | +€8,094 | |
| Income taxes | 67/77 | €1,069 | €1,233 | +€164 | +15.4% |
| Profit (loss) for the period | 9904 | -€5,342 | €2,588 | +€7,930 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,342 | €2,588 | +€7,930 |
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 15 October 2026 via checked.be.