Menuiserie KNUBBEN: what changed
What changed
Menuiserie KNUBBEN
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
-€5,403
2024 · -€26,299+€20,895
Equity
€478,033
2024 · €483,436-€5,403
Cash
€7,312
2024 · €13,852-€6,540
Balance sheet total
€512,692
2024 · €517,322-€4,630
Largest movements
Assets
- Receivables within one year -€12,560
down €12,560 (-3.4%), from €369,726 to €357,166
of which Trade receivables: -€7,091
- Current investments +€10,042
up €10,042 (+66.2%), from €15,161 to €25,203
- Cash -€6,540
down €6,540 (-47.2%), from €13,852 to €7,312
mainly Current investments (-€10,042) and Stocks and contracts (-€6,525)
- Stocks and contracts +€6,525
up €6,525 (+5.8%), from €113,451 to €119,976
Equity and liabilities
- Profit (loss) carried forward -€5,403
down €5,403, from €3,581 to -€1,822
Income statement
- Gross operating margin +€9,500
up €9,500 (+15.7%), from €60,635 to €70,135
- Other operating charges -€8,051
down €8,051 (-56.7%), from €14,200 to €6,149
- Staff costs -€5,191
down €5,191 (-7.0%), from €74,664 to €69,472
- Financial income -€3,577
down €3,577 (-84.1%), from €4,251 to €674
- Taxes -€2,345
new in 2025: -€2,345
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€26,299
Gross operating margin
+€9,500
Staff costs
+€5,191
Depreciation
-€171
Other operating charges
+€8,051
Financial income
-€3,577
Financial charges
-€443
Taxes
+€2,345
Result 2025
-€5,403
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€3,503
Investment
-€10,042
Financing
€0
Cash 2024
€13,852
From operations (derived)
+€3,503
Net result for the year
-€5,403
Depreciation
+€2,098
Stocks and contracts
-€6,525
Receivables within one year
+€12,560
Trade debts
+€2,916
Tax, wage and social debts
-€768
Advances received
-€1,375
Investment (derived)
-€10,042
Current investments
-€10,042
Cash 2025
€7,312
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €517,322 | €512,692 | -€4,630 | -0.9% |
| Fixed assets | 21/28 | €5,133 | €3,035 | -€2,098 | -40.9% |
| Tangible fixed assets | 22/27 | €5,000 | €2,902 | -€2,098 | -42.0% |
| Furniture and vehicles | 24 | €5,000 | €2,902 | -€2,098 | -42.0% |
| Financial fixed assets | 28 | €133 | €133 | = | 0.0% |
| Current assets | 29/58 | €512,189 | €509,657 | -€2,532 | -0.5% |
| Stocks and contracts in progress | 3 | €113,451 | €119,976 | +€6,525 | +5.8% |
| Stocks | 30/36 | €113,451 | €119,976 | +€6,525 | +5.8% |
| Amounts receivable within one year | 40/41 | €369,726 | €357,166 | -€12,560 | -3.4% |
| Trade receivables | 40 | €38,374 | €31,283 | -€7,091 | -18.5% |
| Other amounts receivable | 41 | €331,352 | €325,883 | -€5,469 | -1.7% |
| Current investments | 50/53 | €15,161 | €25,203 | +€10,042 | +66.2% |
| Cash at bank and in hand | 54/58 | €13,852 | €7,312 | -€6,540 | -47.2% |
| Total equity and liabilities | 10/49 | €517,322 | €512,692 | -€4,630 | -0.9% |
| Equity | 10/15 | €483,436 | €478,033 | -€5,403 | -1.1% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €467,355 | €467,355 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €465,500 | €465,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,581 | -€1,822 | -€5,403 | |
| Amounts payable | 17/49 | €33,886 | €34,659 | +€773 | +2.3% |
| Amounts payable within one year | 42/48 | €33,886 | €34,659 | +€773 | +2.3% |
| Trade debts | 44 | €14,218 | €17,135 | +€2,916 | +20.5% |
| Suppliers | 440/4 | €14,218 | €17,135 | +€2,916 | +20.5% |
| Advances received on contracts in progress | 46 | €1,375 | - | -€1,375 | |
| Taxes, remuneration and social security | 45 | €18,292 | €17,525 | -€768 | -4.2% |
| Taxes | 450/3 | €8,914 | €7,514 | -€1,400 | -15.7% |
| Remuneration and social security | 454/9 | €9,379 | €10,011 | +€632 | +6.7% |
| Remuneration, social security and pensions | 62 | €74,664 | €69,472 | -€5,191 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,926 | €2,098 | +€171 | +8.9% |
| Other operating charges | 640/8 | €14,200 | €6,149 | -€8,051 | -56.7% |
| Gross operating margin | 9900 | €60,635 | €70,135 | +€9,500 | +15.7% |
| Operating profit (loss) | 9901 | -€30,155 | -€7,584 | +€22,571 | +74.8% |
| Financial income | 75/76B | €4,251 | €674 | -€3,577 | -84.1% |
| Recurring financial income | 75 | €4,251 | €674 | -€3,577 | -84.1% |
| Financial charges | 65/66B | €395 | €838 | +€443 | +112% |
| Recurring financial charges | 65 | €395 | €838 | +€443 | +112% |
| Profit (loss) for the period before taxes | 9903 | -€26,299 | -€7,748 | +€18,551 | +70.5% |
| Income taxes | 67/77 | - | -€2,345 | -€2,345 | |
| Profit (loss) for the period | 9904 | -€26,299 | -€5,403 | +€20,895 | +79.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,299 | -€5,403 | +€20,895 | +79.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.