Knut: 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.
Knut
Largest movements
- Cash +€7,790
up €7,790 (+151%), from €5,172 to €12,962
mainly Receivables within one year (+€5,152) and Net result for the year (+€4,065)
- Receivables within one year -€5,152
down €5,152 (-35.6%), from €14,458 to €9,306
of which Trade receivables: -€6,050
- Deferred charges and accrued income -€600
down €600 (-33.5%), from €1,793 to €1,193
- Tangible fixed assets +€263
up €263 (+13.6%), from €1,936 to €2,199
- Profit (loss) carried forward +€4,065
up €4,065 (+40.2%), from €10,115 to €14,181
- Tax, wage and social debts -€868
down €868 (-15.5%), from €5,591 to €4,723
- Trade debts -€852
down €852 (-32.7%), from €2,608 to €1,756
- Gross operating margin +€3,791
up €3,791 (+117%), from €3,242 to €7,033
- Depreciation +€829
up €829 (+212%), from €391 to €1,220
- Taxes +€460
up €460 (+49.4%), from €930 to €1,389
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 | €23,359 | €25,660 | +€2,301 | +9.8% |
| Fixed assets | 21/28 | €1,936 | €2,199 | +€263 | +13.6% |
| Tangible fixed assets | 22/27 | €1,936 | €2,199 | +€263 | +13.6% |
| Plant, machinery and equipment | 23 | €1,936 | €2,199 | +€263 | +13.6% |
| Current assets | 29/58 | €21,423 | €23,461 | +€2,038 | +9.5% |
| Amounts receivable within one year | 40/41 | €14,458 | €9,306 | -€5,152 | -35.6% |
| Trade receivables | 40 | €14,439 | €8,389 | -€6,050 | -41.9% |
| Other amounts receivable | 41 | €19 | €917 | +€898 | +4,678% |
| Cash at bank and in hand | 54/58 | €5,172 | €12,962 | +€7,790 | +151% |
| Deferred charges and accrued income | 490/1 | €1,793 | €1,193 | -€600 | -33.5% |
| Total equity and liabilities | 10/49 | €23,359 | €25,660 | +€2,301 | +9.8% |
| Equity | 10/15 | €15,115 | €19,181 | +€4,065 | +26.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,115 | €14,181 | +€4,065 | +40.2% |
| Amounts payable | 17/49 | €8,244 | €6,479 | -€1,765 | -21.4% |
| Amounts payable within one year | 42/48 | €8,244 | €6,479 | -€1,765 | -21.4% |
| Trade debts | 44 | €2,608 | €1,756 | -€852 | -32.7% |
| Suppliers | 440/4 | €2,608 | €1,756 | -€852 | -32.7% |
| Taxes, remuneration and social security | 45 | €5,591 | €4,723 | -€868 | -15.5% |
| Taxes | 450/3 | €5,591 | €4,723 | -€868 | -15.5% |
| Other amounts payable | 47/48 | €45 | €0 | -€45 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €391 | €1,220 | +€829 | +212% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €3,242 | €7,033 | +€3,791 | +117% |
| Operating profit (loss) | 9901 | €2,734 | €5,694 | +€2,960 | +108% |
| Financial income | 75/76B | €1 | €26 | +€24 | +1,864% |
| Recurring financial income | 75 | €1 | €26 | +€24 | +1,864% |
| Financial charges | 65/66B | €237 | €264 | +€27 | +11.5% |
| Recurring financial charges | 65 | €237 | €264 | +€27 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €2,498 | €5,455 | +€2,957 | +118% |
| Income taxes | 67/77 | €930 | €1,389 | +€460 | +49.4% |
| Profit (loss) for the period | 9904 | €1,568 | €4,065 | +€2,497 | +159% |
| Profit (loss) for the period to be appropriated | 9905 | €1,568 | €4,065 | +€2,497 | +159% |
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 23 October 2026 via checked.be.