martijnknoops.be: 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.
martijnknoops.be
Largest movements
- Receivables within one year +€38,663
up €38,663 (+49.5%), from €78,164 to €116,826
of which Other amounts receivable: +€39,047
- Cash -€27,416
down €27,416 (-62.0%), from €44,214 to €16,797
mainly Contributions, distributions and other (-€82,500) and Receivables within one year (-€38,663)
- Tangible fixed assets -€17,507
down €17,507 (-35.9%), from €48,734 to €31,227
of which Leasing and similar rights: -€12,020
- Other debts +€73,291
up €73,291 (+2,379%), from €3,081 to €76,373
- Reserves -€70,141
down €70,141 (-39.8%), from €176,431 to €106,290
- Debts after one year -€11,841
down €11,841 (-46.7%), from €25,355 to €13,515
- Gross operating margin -€33,600
down €33,600 (-47.1%), from €71,373 to €37,773
- Taxes -€6,500
down €6,500 (-58.5%), from €11,116 to €4,616
- Financial income -€2,344
down €2,344 (-83.1%), from €2,819 to €475
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 | €238,806 | €231,758 | -€7,048 | -3.0% |
| Fixed assets | 21/28 | €55,829 | €38,322 | -€17,507 | -31.4% |
| Tangible fixed assets | 22/27 | €48,734 | €31,227 | -€17,507 | -35.9% |
| Land and buildings | 22 | €2,237 | €261 | -€1,976 | -88.3% |
| Furniture and vehicles | 24 | €10,470 | €6,959 | -€3,511 | -33.5% |
| Leasing and similar rights | 25 | €36,027 | €24,007 | -€12,020 | -33.4% |
| Financial fixed assets | 28 | €7,095 | €7,095 | = | 0.0% |
| Current assets | 29/58 | €182,978 | €193,436 | +€10,459 | +5.7% |
| Amounts receivable after more than one year | 29 | €59,000 | €59,000 | = | 0.0% |
| Other amounts receivable | 291 | €59,000 | €59,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €78,164 | €116,826 | +€38,663 | +49.5% |
| Trade receivables | 40 | €21,780 | €21,395 | -€385 | -1.8% |
| Other amounts receivable | 41 | €56,384 | €95,431 | +€39,047 | +69.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €44,214 | €16,797 | -€27,416 | -62.0% |
| Deferred charges and accrued income | 490/1 | €1,600 | €812 | -€788 | -49.2% |
| Total equity and liabilities | 10/49 | €238,806 | €231,758 | -€7,048 | -3.0% |
| Equity | 10/15 | €195,031 | €124,890 | -€70,141 | -36.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €176,431 | €106,290 | -€70,141 | -39.8% |
| Distributable reserves | 133 | €176,431 | €106,290 | -€70,141 | -39.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €43,775 | €106,868 | +€63,093 | +144% |
| Amounts payable after more than one year | 17 | €25,355 | €13,515 | -€11,841 | -46.7% |
| Financial debts | 170/4 | €25,355 | €13,515 | -€11,841 | -46.7% |
| Amounts payable within one year | 42/48 | €15,588 | €90,460 | +€74,873 | +480% |
| Current portion of amounts payable after more than one year | 42 | €11,556 | €11,841 | +€285 | +2.5% |
| Trade debts | 44 | €210 | €2,247 | +€2,036 | +968% |
| Suppliers | 440/4 | €210 | €2,247 | +€2,036 | +968% |
| Taxes, remuneration and social security | 45 | €740 | €0 | -€740 | -100% |
| Taxes | 450/3 | €740 | €0 | -€740 | -100% |
| Other amounts payable | 47/48 | €3,081 | €76,373 | +€73,291 | +2,379% |
| Accrued charges and deferred income | 492/3 | €2,832 | €2,893 | +€61 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,457 | €18,666 | +€208 | +1.1% |
| Other operating charges | 640/8 | €1,631 | €1,663 | +€32 | +2.0% |
| Gross operating margin | 9900 | €71,373 | €37,773 | -€33,600 | -47.1% |
| Operating profit (loss) | 9901 | €51,285 | €17,445 | -€33,840 | -66.0% |
| Financial income | 75/76B | €2,819 | €475 | -€2,344 | -83.1% |
| Recurring financial income | 75 | €2,819 | €475 | -€2,344 | -83.1% |
| Financial charges | 65/66B | €1,464 | €945 | -€519 | -35.4% |
| Recurring financial charges | 65 | €1,464 | €945 | -€519 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | €52,640 | €16,975 | -€35,666 | -67.8% |
| Income taxes | 67/77 | €11,116 | €4,616 | -€6,500 | -58.5% |
| Profit (loss) for the period | 9904 | €41,524 | €12,359 | -€29,166 | -70.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,524 | €12,359 | -€29,166 | -70.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.