KNUTS CONSTRUCTIES: 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.
KNUTS CONSTRUCTIES
Largest movements
- Receivables within one year +€12,095
up €12,095 (+26.8%), from €45,182 to €57,277
of which Trade receivables: +€6,156
- Cash -€1,350
down €1,350 (-42.8%), from €3,155 to €1,804
mainly Receivables within one year (-€12,095)
- Tangible fixed assets -€1,295
down €1,295 (-68.7%), from €1,884 to €589
- Reserves +€7,163
up €7,163 (+18.8%), from €38,135 to €45,298
of which Distributable reserves: +€7,163
- Tax, wage and social debts +€1,740
up €1,740 (+32.6%), from €5,340 to €7,080
- Gross operating margin -€2,085
down €2,085 (-15.4%), from €13,545 to €11,460
- Depreciation -€430
down €430 (-24.9%), from €1,725 to €1,295
- Financial income +€400
up €400 (+64.3%), from €622 to €1,022
- Taxes -€374
down €374 (-10.0%), from €3,727 to €3,353
- Financial charges +€326
up €326 (+195.4%), from €167 to €493
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,782 | €59,702 | +€8,920 | +17.6% |
| Fixed assets | 21/28 | €1,884 | €589 | -€1,295 | -68.7% |
| Tangible fixed assets | 22/27 | €1,884 | €589 | -€1,295 | -68.7% |
| Furniture and vehicles | 24 | €1,884 | €589 | -€1,295 | -68.7% |
| Current assets | 29/58 | €48,898 | €59,113 | +€10,215 | +20.9% |
| Amounts receivable within one year | 40/41 | €45,182 | €57,277 | +€12,095 | +26.8% |
| Trade receivables | 40 | €29,960 | €36,116 | +€6,156 | +20.5% |
| Other amounts receivable | 41 | €15,222 | €21,161 | +€5,939 | +39.0% |
| Cash at bank and in hand | 54/58 | €3,155 | €1,804 | -€1,350 | -42.8% |
| Deferred charges and accrued income | 490/1 | €561 | €32 | -€529 | -94.4% |
| Total equity and liabilities | 10/49 | €50,782 | €59,702 | +€8,920 | +17.6% |
| Equity | 10/15 | €44,335 | €51,498 | +€7,163 | +16.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,135 | €45,298 | +€7,163 | +18.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €36,275 | €43,438 | +€7,163 | +19.7% |
| Amounts payable | 17/49 | €6,447 | €8,205 | +€1,758 | +27.3% |
| Amounts payable within one year | 42/48 | €6,447 | €8,205 | +€1,758 | +27.3% |
| Trade debts | 44 | €1,107 | €1,125 | +€18 | +1.6% |
| Suppliers | 440/4 | €1,107 | €1,125 | +€18 | +1.6% |
| Taxes, remuneration and social security | 45 | €5,340 | €7,080 | +€1,740 | +32.6% |
| Taxes | 450/3 | €5,340 | €7,080 | +€1,740 | +32.6% |
| Non-recurring operating income | 76A | €806 | - | -€806 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,725 | €1,295 | -€430 | -24.9% |
| Other operating charges | 640/8 | €275 | €178 | -€97 | -35.2% |
| Gross operating margin | 9900 | €13,545 | €11,460 | -€2,085 | -15.4% |
| Operating profit (loss) | 9901 | €11,544 | €9,987 | -€1,557 | -13.5% |
| Financial income | 75/76B | €622 | €1,022 | +€400 | +64.3% |
| Recurring financial income | 75 | €622 | €1,022 | +€400 | +64.3% |
| Financial charges | 65/66B | €167 | €493 | +€326 | +195.4% |
| Recurring financial charges | 65 | €167 | €493 | +€326 | +195.4% |
| Profit (loss) for the period before taxes | 9903 | €11,999 | €10,516 | -€1,483 | -12.4% |
| Income taxes | 67/77 | €3,727 | €3,353 | -€374 | -10.0% |
| Profit (loss) for the period | 9904 | €8,272 | €7,163 | -€1,110 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,272 | €7,163 | -€1,110 | -13.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.