KNUFFELHOF: 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.
KNUFFELHOF
Largest movements
- Tangible fixed assets -€21,514
down €21,514 (-16.0%), from €134,653 to €113,139
of which Land and buildings: -€16,521
- Cash -€8,871
down €8,871 (-30.1%), from €29,481 to €20,611
mainly Debts after one year (-€24,576) and Trade debts (-€8,800)
- Stocks and contracts -€2,288
down €2,288 (-58.8%), from €3,893 to €1,604
- Debts after one year -€24,576
down €24,576 (-6.1%), from €403,913 to €379,336
- Trade debts -€8,800
down €8,800 (-91.1%), from €9,657 to €857
- Other debts -€2,190
down €2,190 (-16.5%), from €13,291 to €11,101
- Gross operating margin -€791
down €791 (-2.4%), from €32,318 to €31,527
- Financial charges -€769
down €769 (-11.8%), from €6,513 to €5,744
- Financial income -€384
down €384 (-78.8%), from €487 to €103
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 | €168,845 | €135,772 | -€33,073 | -19.6% |
| Fixed assets | 21/28 | €134,653 | €113,139 | -€21,514 | -16.0% |
| Tangible fixed assets | 22/27 | €134,653 | €113,139 | -€21,514 | -16.0% |
| Land and buildings | 22 | €109,129 | €92,608 | -€16,521 | -15.1% |
| Plant, machinery and equipment | 23 | €8,918 | €6,251 | -€2,667 | -29.9% |
| Furniture and vehicles | 24 | €404 | €631 | +€227 | +56.2% |
| Assets under construction and advance payments | 27 | €16,202 | €13,649 | -€2,553 | -15.8% |
| Current assets | 29/58 | €34,192 | €22,633 | -€11,559 | -33.8% |
| Stocks and contracts in progress | 3 | €3,893 | €1,604 | -€2,288 | -58.8% |
| Stocks | 30/36 | €3,893 | €1,604 | -€2,288 | -58.8% |
| Amounts receivable within one year | 40/41 | €200 | €418 | +€218 | +109% |
| Trade receivables | 40 | €200 | €361 | +€161 | +80.5% |
| Other amounts receivable | 41 | - | €57 | +€57 | |
| Cash at bank and in hand | 54/58 | €29,481 | €20,611 | -€8,871 | -30.1% |
| Deferred charges and accrued income | 490/1 | €618 | €0 | -€618 | -100% |
| Total equity and liabilities | 10/49 | €168,845 | €135,772 | -€33,073 | -19.6% |
| Equity | 10/15 | -€283,647 | -€282,745 | +€902 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€302,247 | -€301,345 | +€902 | +0.3% |
| Amounts payable | 17/49 | €452,492 | €418,517 | -€33,975 | -7.5% |
| Amounts payable after more than one year | 17 | €403,913 | €379,336 | -€24,576 | -6.1% |
| Financial debts | 170/4 | €403,913 | €379,336 | -€24,576 | -6.1% |
| Amounts payable within one year | 42/48 | €48,579 | €39,181 | -€9,399 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €24,398 | €25,448 | +€1,050 | +4.3% |
| Trade debts | 44 | €9,657 | €857 | -€8,800 | -91.1% |
| Suppliers | 440/4 | €9,657 | €857 | -€8,800 | -91.1% |
| Taxes, remuneration and social security | 45 | €1,234 | €1,775 | +€542 | +43.9% |
| Taxes | 450/3 | €1,234 | €1,775 | +€542 | +43.9% |
| Other amounts payable | 47/48 | €13,291 | €11,101 | -€2,190 | -16.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,933 | €22,179 | +€246 | +1.1% |
| Other operating charges | 640/8 | €2,995 | €2,805 | -€190 | -6.4% |
| Gross operating margin | 9900 | €32,318 | €31,527 | -€791 | -2.4% |
| Operating profit (loss) | 9901 | €7,389 | €6,543 | -€846 | -11.5% |
| Financial income | 75/76B | €487 | €103 | -€384 | -78.8% |
| Recurring financial income | 75 | €487 | €103 | -€384 | -78.8% |
| Financial charges | 65/66B | €6,513 | €5,744 | -€769 | -11.8% |
| Recurring financial charges | 65 | €6,513 | €5,744 | -€769 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €1,363 | €902 | -€461 | -33.8% |
| Income taxes | 67/77 | €20 | €0 | -€20 | -100% |
| Profit (loss) for the period | 9904 | €1,343 | €902 | -€441 | -32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,343 | €902 | -€441 | -32.8% |
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 14 October 2026 via checked.be.