KNZ: 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.
KNZ
Largest movements
- Tangible fixed assets +€10,337
up €10,337 (+333%), from €3,101 to €13,438
- Receivables within one year +€7,636
up €7,636 (+27.3%), from €27,958 to €35,594
of which Trade receivables: +€5,284
- Cash -€995
down €995 (-7.5%), from €13,190 to €12,195
mainly Investment in fixed assets (net) (-€13,437) and Receivables within one year (-€7,636)
- Other debts +€10,763
up €10,763 (+4,542%), from €237 to €11,000
- Trade debts +€3,037
up €3,037 (+980%), from €310 to €3,346
- Profit (loss) carried forward +€1,957
up €1,957 (+5.8%), from €33,616 to €35,573
- Tax, wage and social debts +€1,057
up €1,057 (+128%), from €827 to €1,884
of which Taxes: +€1,233
- Turnover -€34,451
no longer reported in 2024 (was €34,451)
- Purchases and services -€29,163
no longer reported in 2024 (was €29,163)
- Staff costs -€4,875
down €4,875, from €4,835 to -€40
- Depreciation +€3,100
new in 2024: €3,100
- Financial income +€494
up €494 (+41.8%), from €1,182 to €1,676
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.
Derived cash bridge
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 | €44,414 | €61,227 | +€16,813 | +37.9% |
| Fixed assets | 21/28 | €3,101 | €13,438 | +€10,337 | +333% |
| Tangible fixed assets | 22/27 | €3,101 | €13,438 | +€10,337 | +333% |
| Furniture and vehicles | 24 | €3,101 | €13,438 | +€10,337 | +333% |
| Current assets | 29/58 | €41,313 | €47,789 | +€6,476 | +15.7% |
| Amounts receivable within one year | 40/41 | €27,958 | €35,594 | +€7,636 | +27.3% |
| Trade receivables | 40 | €1,000 | €6,284 | +€5,284 | +528% |
| Other amounts receivable | 41 | €26,958 | €29,310 | +€2,351 | +8.7% |
| Cash at bank and in hand | 54/58 | €13,190 | €12,195 | -€995 | -7.5% |
| Deferred charges and accrued income | 490/1 | €165 | - | -€165 | |
| Total equity and liabilities | 10/49 | €44,414 | €61,227 | +€16,813 | +37.9% |
| Equity | 10/15 | €43,039 | €44,996 | +€1,957 | +4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,223 | €3,223 | = | 0.0% |
| Distributable reserves | 133 | €3,223 | €3,223 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,616 | €35,573 | +€1,957 | +5.8% |
| Amounts payable | 17/49 | €1,374 | €16,230 | +€14,856 | +1,081% |
| Amounts payable within one year | 42/48 | €1,374 | €16,230 | +€14,856 | +1,081% |
| Trade debts | 44 | €310 | €3,346 | +€3,037 | +980% |
| Suppliers | 440/4 | €310 | €3,346 | +€3,037 | +980% |
| Taxes, remuneration and social security | 45 | €827 | €1,884 | +€1,057 | +128% |
| Taxes | 450/3 | €206 | €1,439 | +€1,233 | +600% |
| Remuneration and social security | 454/9 | €622 | €445 | -€177 | -28.4% |
| Other amounts payable | 47/48 | €237 | €11,000 | +€10,763 | +4,542% |
| Turnover | 70 | €34,451 | - | -€34,451 | |
| Goods, raw materials, services and sundry goods | 60/61 | €29,163 | - | -€29,163 | |
| Remuneration, social security and pensions | 62 | €4,835 | -€40 | -€4,875 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,100 | +€3,100 | |
| Other operating charges | 640/8 | €1,492 | €1,815 | +€322 | +21.6% |
| Gross operating margin | 9900 | €5,288 | €5,335 | +€47 | +0.9% |
| Operating profit (loss) | 9901 | -€1,039 | €461 | +€1,500 | |
| Financial income | 75/76B | €1,182 | €1,676 | +€494 | +41.8% |
| Recurring financial income | 75 | €1,182 | €1,676 | +€494 | +41.8% |
| Financial charges | 65/66B | €284 | €180 | -€104 | -36.8% |
| Recurring financial charges | 65 | €284 | €180 | -€104 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | -€141 | €1,957 | +€2,098 | |
| Profit (loss) for the period | 9904 | -€141 | €1,957 | +€2,098 | |
| Profit (loss) for the period to be appropriated | 9905 | -€141 | €1,957 | +€2,098 |
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 25 October 2026 via checked.be.