LC KNOCKE: 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.
LC KNOCKE
Largest movements
- Receivables within one year -€50,112
down €50,112 (-95.8%), from €52,295 to €2,183
of which Other amounts receivable: -€35,195
- Cash -€11,930
down €11,930 (-32.7%), from €36,539 to €24,608
mainly Trade debts (-€54,697) and Investment in fixed assets (net) (-€19,643)
- Stocks and contracts +€4,517
up €4,517 (+13.6%), from €33,130 to €37,647
- Tangible fixed assets +€3,968
up €3,968 (+11.6%), from €34,299 to €38,267
of which Plant, machinery and equipment: +€6,570
- Trade debts -€54,697
down €54,697 (-83.7%), from €65,362 to €10,665
- Debts after one year -€15,000
down €15,000 (-31.6%), from €47,500 to €32,500
- Profit (loss) carried forward +€10,691
up €10,691 (+69.4%), from -€15,397 to -€4,706
- Other debts +€10,250
new in 2025: €10,250
- Tax, wage and social debts -€4,291
down €4,291 (-12.7%), from €33,680 to €29,388
of which Remuneration and social security: -€4,818
- Gross operating margin +€22,703
up €22,703 (+5.8%), from €392,381 to €415,084
- Staff costs +€11,052
up €11,052 (+3.0%), from €369,805 to €380,857
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 | €157,962 | €104,405 | -€53,557 | -33.9% |
| Fixed assets | 21/28 | €35,999 | €39,967 | +€3,968 | +11.0% |
| Tangible fixed assets | 22/27 | €34,299 | €38,267 | +€3,968 | +11.6% |
| Plant, machinery and equipment | 23 | €30,460 | €37,029 | +€6,570 | +21.6% |
| Furniture and vehicles | 24 | €3,839 | €1,237 | -€2,602 | -67.8% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €121,964 | €64,438 | -€57,525 | -47.2% |
| Stocks and contracts in progress | 3 | €33,130 | €37,647 | +€4,517 | +13.6% |
| Stocks | 30/36 | €33,130 | €37,647 | +€4,517 | +13.6% |
| Amounts receivable within one year | 40/41 | €52,295 | €2,183 | -€50,112 | -95.8% |
| Trade receivables | 40 | €14,917 | - | -€14,917 | |
| Other amounts receivable | 41 | €37,378 | €2,183 | -€35,195 | -94.2% |
| Cash at bank and in hand | 54/58 | €36,539 | €24,608 | -€11,930 | -32.7% |
| Total equity and liabilities | 10/49 | €157,962 | €104,405 | -€53,557 | -33.9% |
| Equity | 10/15 | €4,603 | €15,294 | +€10,691 | +232% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,397 | -€4,706 | +€10,691 | +69.4% |
| Amounts payable | 17/49 | €153,359 | €89,111 | -€64,248 | -41.9% |
| Amounts payable after more than one year | 17 | €47,500 | €32,500 | -€15,000 | -31.6% |
| Financial debts | 170/4 | €47,500 | €32,500 | -€15,000 | -31.6% |
| Amounts payable within one year | 42/48 | €104,499 | €56,611 | -€47,888 | -45.8% |
| Current portion of amounts payable after more than one year | 42 | €5,458 | €6,308 | +€850 | +15.6% |
| Trade debts | 44 | €65,362 | €10,665 | -€54,697 | -83.7% |
| Suppliers | 440/4 | €65,362 | €10,665 | -€54,697 | -83.7% |
| Taxes, remuneration and social security | 45 | €33,680 | €29,388 | -€4,291 | -12.7% |
| Taxes | 450/3 | €1,095 | €1,621 | +€526 | +48.1% |
| Remuneration and social security | 454/9 | €32,585 | €27,767 | -€4,818 | -14.8% |
| Other amounts payable | 47/48 | - | €10,250 | +€10,250 | |
| Accrued charges and deferred income | 492/3 | €1,361 | - | -€1,361 | |
| Remuneration, social security and pensions | 62 | €369,805 | €380,857 | +€11,052 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,298 | €15,675 | +€3,378 | +27.5% |
| Other operating charges | 640/8 | €8,064 | €7,440 | -€624 | -7.7% |
| Non-recurring operating charges | 66A | €24,626 | - | -€24,626 | |
| Gross operating margin | 9900 | €392,381 | €415,084 | +€22,703 | +5.8% |
| Operating profit (loss) | 9901 | -€22,411 | €11,112 | +€33,523 | |
| Financial charges | 65/66B | €821 | €420 | -€401 | -48.8% |
| Recurring financial charges | 65 | €821 | €420 | -€401 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | -€23,233 | €10,691 | +€33,924 | |
| Profit (loss) for the period | 9904 | -€23,233 | €10,691 | +€33,924 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,233 | €10,691 | +€33,924 |
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 18 October 2026 via checked.be.