KNZ.2FIBER: 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.2FIBER
Largest movements
- Receivables within one year +€479,280
up €479,280 (+383%), from €125,211 to €604,491
of which Trade receivables: +€277,537
- Cash -€24,027
down €24,027 (-28.6%), from €84,041 to €60,014
mainly Receivables within one year (-€479,280) and Investment in fixed assets (net) (-€45,262)
- Tangible fixed assets +€12,866
up €12,866 (+11.5%), from €112,055 to €124,921
of which Plant, machinery and equipment: +€17,215
- Trade debts +€207,076
up €207,076 (+265%), from €78,039 to €285,115
- Reserves +€168,203
up €168,203 (+286%), from €58,861 to €227,064
- Tax, wage and social debts +€59,014
up €59,014 (+103%), from €57,305 to €116,319
of which Taxes: +€40,513
- Other debts +€51,113
up €51,113 (+86.0%), from €59,461 to €110,575
- Debts after one year -€22,664
down €22,664 (-41.4%), from €54,759 to €32,095
- Turnover +€1.4m
new in 2025: €1.4m
- Purchases and services +€788,531
new in 2025: €788,531
- Gross operating margin +€298,605
up €298,605 (+107%), from €279,040 to €577,645
- Staff costs +€135,074
up €135,074 (+80.4%), from €167,965 to €303,039
- Taxes +€30,748
up €30,748 (+173%), from €17,752 to €48,500
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 | €324,443 | €793,095 | +€468,652 | +144% |
| Fixed assets | 21/28 | €113,755 | €126,421 | +€12,666 | +11.1% |
| Tangible fixed assets | 22/27 | €112,055 | €124,921 | +€12,866 | +11.5% |
| Plant, machinery and equipment | 23 | €41,039 | €58,254 | +€17,215 | +41.9% |
| Furniture and vehicles | 24 | €39,804 | €42,161 | +€2,357 | +5.9% |
| Leasing and similar rights | 25 | €31,212 | €24,506 | -€6,707 | -21.5% |
| Financial fixed assets | 28 | €1,700 | €1,500 | -€200 | -11.8% |
| Current assets | 29/58 | €210,688 | €666,674 | +€455,986 | +216% |
| Amounts receivable within one year | 40/41 | €125,211 | €604,491 | +€479,280 | +383% |
| Trade receivables | 40 | €41,060 | €318,597 | +€277,537 | +676% |
| Other amounts receivable | 41 | €84,151 | €285,895 | +€201,743 | +240% |
| Cash at bank and in hand | 54/58 | €84,041 | €60,014 | -€24,027 | -28.6% |
| Deferred charges and accrued income | 490/1 | €1,435 | €2,169 | +€734 | +51.1% |
| Total equity and liabilities | 10/49 | €324,443 | €793,095 | +€468,652 | +144% |
| Equity | 10/15 | €61,861 | €230,064 | +€168,203 | +272% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €58,861 | €227,064 | +€168,203 | +286% |
| Distributable reserves | 133 | €58,861 | €227,064 | +€168,203 | +286% |
| Amounts payable | 17/49 | €262,582 | €563,031 | +€300,449 | +114% |
| Amounts payable after more than one year | 17 | €54,759 | €32,095 | -€22,664 | -41.4% |
| Financial debts | 170/4 | €54,759 | €32,095 | -€22,664 | -41.4% |
| Amounts payable within one year | 42/48 | €206,970 | €530,935 | +€323,965 | +157% |
| Current portion of amounts payable after more than one year | 42 | €12,165 | €18,928 | +€6,762 | +55.6% |
| Trade debts | 44 | €78,039 | €285,115 | +€207,076 | +265% |
| Suppliers | 440/4 | €78,039 | €285,115 | +€207,076 | +265% |
| Taxes, remuneration and social security | 45 | €57,305 | €116,319 | +€59,014 | +103% |
| Taxes | 450/3 | €27,700 | €68,212 | +€40,513 | +146% |
| Remuneration and social security | 454/9 | €29,605 | €48,106 | +€18,502 | +62.5% |
| Other amounts payable | 47/48 | €59,461 | €110,575 | +€51,113 | +86.0% |
| Accrued charges and deferred income | 492/3 | €852 | €0 | -€852 | -100% |
| Turnover | 70 | - | €1,366,175 | +€1.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €788,531 | +€788,531 | |
| Remuneration, social security and pensions | 62 | €167,965 | €303,039 | +€135,074 | +80.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,885 | €32,596 | +€9,711 | +42.4% |
| Other operating charges | 640/8 | €10,451 | €19,552 | +€9,101 | +87.1% |
| Gross operating margin | 9900 | €279,040 | €577,645 | +€298,605 | +107% |
| Operating profit (loss) | 9901 | €77,739 | €222,457 | +€144,718 | +186% |
| Financial income | 75/76B | €1,599 | €13,895 | +€12,296 | +769% |
| Recurring financial income | 75 | €1,599 | €13,895 | +€12,296 | +769% |
| Financial charges | 65/66B | €19,017 | €19,650 | +€633 | +3.3% |
| Recurring financial charges | 65 | €16,387 | €19,650 | +€3,262 | +19.9% |
| Non-recurring financial charges | 66B | €2,630 | - | -€2,630 | |
| Profit (loss) for the period before taxes | 9903 | €60,321 | €216,703 | +€156,382 | +259% |
| Income taxes | 67/77 | €17,752 | €48,500 | +€30,748 | +173% |
| Profit (loss) for the period | 9904 | €42,569 | €168,203 | +€125,634 | +295% |
| Profit (loss) for the period to be appropriated | 9905 | €42,569 | €168,203 | +€125,634 | +295% |
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 17 October 2026 via checked.be.