KNTXT: 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.
KNTXT
Largest movements
- Deferred charges and accrued income +€320,829
new in 2025: €320,829
- Receivables within one year -€212,945
down €212,945 (-95.7%), from €222,421 to €9,477
of which Trade receivables: -€209,488
- Cash +€66,785
up €66,785 (+1237.9%), from €5,395 to €72,181
mainly Other debts (+€244,132) and Receivables within one year (+€212,945)
- Stocks and contracts -€50,810
down €50,810 (-38.0%), from €133,761 to €82,951
- Advances received -€250,000
down €250,000 (-100.0%), from €250,000 to €0
- Other debts +€244,132
up €244,132 (+74.9%), from €325,878 to €570,010
- Tax, wage and social debts +€145,874
up €145,874 (+281.6%), from €51,796 to €197,669
of which Remuneration and social security: +€122,657
- Accrued charges and deferred income +€98,845
new in 2025: €98,845
- Profit (loss) carried forward -€65,506
down €65,506 (-10.5%), from -€621,655 to -€687,160
- Purchases and services -€4.1m
no longer reported in 2025 (was €4.1m)
- Turnover -€4.0m
no longer reported in 2025 (was €4.0m)
- Taxes -€263,614
down €263,614 (-91.8%), from €287,055 to €23,441
- Gross operating margin +€207,771
up €207,771, from -€93,030 to €114,741
- Other operating charges +€141,986
up €141,986 (+31527.3%), from €450 to €142,437
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 | €364,831 | €490,532 | +€125,701 | +34.5% |
| Fixed assets | 21/28 | €3,254 | €5,094 | +€1,840 | +56.6% |
| Intangible fixed assets | 21 | - | €3,115 | +€3,115 | |
| Tangible fixed assets | 22/27 | €3,254 | €1,979 | -€1,274 | -39.2% |
| Plant, machinery and equipment | 23 | €2,340 | €1,712 | -€628 | -26.8% |
| Furniture and vehicles | 24 | €914 | €267 | -€646 | -70.7% |
| Current assets | 29/58 | €361,577 | €485,438 | +€123,860 | +34.3% |
| Stocks and contracts in progress | 3 | €133,761 | €82,951 | -€50,810 | -38.0% |
| Stocks | 30/36 | €133,761 | €82,951 | -€50,810 | -38.0% |
| Amounts receivable within one year | 40/41 | €222,421 | €9,477 | -€212,945 | -95.7% |
| Trade receivables | 40 | €218,601 | €9,113 | -€209,488 | -95.8% |
| Other amounts receivable | 41 | €3,821 | €364 | -€3,457 | -90.5% |
| Cash at bank and in hand | 54/58 | €5,395 | €72,181 | +€66,785 | +1237.9% |
| Deferred charges and accrued income | 490/1 | - | €320,829 | +€320,829 | |
| Total equity and liabilities | 10/49 | €364,831 | €490,532 | +€125,701 | +34.5% |
| Equity | 10/15 | -€520,107 | -€585,612 | -€65,506 | -12.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,548 | €1,548 | = | 0.0% |
| Distributable reserves | 133 | €1,548 | €1,548 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€621,655 | -€687,160 | -€65,506 | -10.5% |
| Amounts payable | 17/49 | €884,938 | €1,076,144 | +€191,206 | +21.6% |
| Amounts payable within one year | 42/48 | €884,938 | €977,299 | +€92,361 | +10.4% |
| Financial debts | 43 | - | €2,742 | +€2,742 | |
| Credit institutions | 430/8 | - | €2,742 | +€2,742 | |
| Trade debts | 44 | €257,264 | €206,877 | -€50,388 | -19.6% |
| Suppliers | 440/4 | €257,264 | €206,877 | -€50,388 | -19.6% |
| Advances received on contracts in progress | 46 | €250,000 | €0 | -€250,000 | -100.0% |
| Taxes, remuneration and social security | 45 | €51,796 | €197,669 | +€145,874 | +281.6% |
| Taxes | 450/3 | €51,796 | €75,013 | +€23,217 | +44.8% |
| Remuneration and social security | 454/9 | - | €122,657 | +€122,657 | |
| Other amounts payable | 47/48 | €325,878 | €570,010 | +€244,132 | +74.9% |
| Accrued charges and deferred income | 492/3 | - | €98,845 | +€98,845 | |
| Turnover | 70 | €4,018,827 | - | -€4.0m | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,111,857 | - | -€4.1m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,274 | €2,360 | +€1,086 | +85.2% |
| Other operating charges | 640/8 | €450 | €142,437 | +€141,986 | +31527.3% |
| Gross operating margin | 9900 | -€93,030 | €114,741 | +€207,771 | |
| Operating profit (loss) | 9901 | -€94,754 | -€30,055 | +€64,699 | +68.3% |
| Financial income | 75/76B | €5,084 | €1,693 | -€3,392 | -66.7% |
| Recurring financial income | 75 | €5,084 | €1,693 | -€3,392 | -66.7% |
| Financial charges | 65/66B | €12,578 | €13,702 | +€1,124 | +8.9% |
| Recurring financial charges | 65 | €12,578 | €13,702 | +€1,124 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | -€102,248 | -€42,064 | +€60,184 | +58.9% |
| Income taxes | 67/77 | €287,055 | €23,441 | -€263,614 | -91.8% |
| Profit (loss) for the period | 9904 | -€389,303 | -€65,506 | +€323,798 | +83.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€389,303 | -€65,506 | +€323,798 | +83.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.