'T KNORHOF: what changed
'T KNORHOF
Largest movements
- Tangible fixed assets -€7,072
down €7,072 (-10.3%), from €68,715 to €61,643
- Cash +€2,459
up €2,459 (+344%), from €714 to €3,173
mainly Other debts (+€13,037) and Depreciation (+€7,072)
- Reserves -€21,439
down €21,439 (-92.0%), from €23,299 to €1,860
of which Tax-exempt reserves: -€13,939
- Other debts +€13,037
up €13,037 (+5.0%), from €258,724 to €271,761
- Profit (loss) carried forward +€1,954
up €1,954 (+0.9%), from -€219,492 to -€217,538
- Accrued charges and deferred income +€1,815
up €1,815 (+326%), from €556 to €2,371
- Write-downs -€26,131
down €26,131 (-100%), from €26,131 to €0
- Gross operating margin +€2,925
up €2,925, from -€2,480 to €445
- Financial charges +€2,199
up €2,199 (+23.6%), from €9,309 to €11,508
- Other operating charges +€593
up €593 (+119%), from €499 to €1,092
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,890 | €66,127 | -€4,763 | -6.7% |
| Fixed assets | 21/28 | €68,715 | €61,643 | -€7,072 | -10.3% |
| Tangible fixed assets | 22/27 | €68,715 | €61,643 | -€7,072 | -10.3% |
| Land and buildings | 22 | €68,715 | €61,643 | -€7,072 | -10.3% |
| Current assets | 29/58 | €2,175 | €4,484 | +€2,309 | +106% |
| Amounts receivable within one year | 40/41 | €806 | €659 | -€147 | -18.2% |
| Other amounts receivable | 41 | €806 | €659 | -€147 | -18.2% |
| Cash at bank and in hand | 54/58 | €714 | €3,173 | +€2,459 | +344% |
| Deferred charges and accrued income | 490/1 | €655 | €652 | -€4 | -0.5% |
| Total equity and liabilities | 10/49 | €70,890 | €66,127 | -€4,763 | -6.7% |
| Equity | 10/15 | -€189,993 | -€209,478 | -€19,485 | -10.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €23,299 | €1,860 | -€21,439 | -92.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,939 | €0 | -€13,939 | -100% |
| Distributable reserves | 133 | €7,500 | €0 | -€7,500 | -100% |
| Profit (loss) carried forward | 14 | -€219,492 | -€217,538 | +€1,954 | +0.9% |
| Amounts payable | 17/49 | €260,883 | €275,605 | +€14,722 | +5.6% |
| Amounts payable within one year | 42/48 | €260,327 | €273,234 | +€12,907 | +5.0% |
| Trade debts | 44 | €655 | €469 | -€186 | -28.4% |
| Suppliers | 440/4 | €655 | €469 | -€186 | -28.4% |
| Taxes, remuneration and social security | 45 | €947 | €1,004 | +€57 | +6.0% |
| Taxes | 450/3 | €947 | €1,004 | +€57 | +6.0% |
| Other amounts payable | 47/48 | €258,724 | €271,761 | +€13,037 | +5.0% |
| Accrued charges and deferred income | 492/3 | €556 | €2,371 | +€1,815 | +326% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,072 | €7,072 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €26,131 | €0 | -€26,131 | -100% |
| Other operating charges | 640/8 | €499 | €1,092 | +€593 | +119% |
| Gross operating margin | 9900 | -€2,480 | €445 | +€2,925 | |
| Operating profit (loss) | 9901 | -€36,182 | -€7,719 | +€28,463 | +78.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €9,309 | €11,508 | +€2,199 | +23.6% |
| Recurring financial charges | 65 | €9,309 | €11,508 | +€2,199 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | -€45,491 | -€19,227 | +€26,263 | +57.7% |
| Income taxes | 67/77 | €249 | €258 | +€9 | +3.7% |
| Profit (loss) for the period | 9904 | -€45,739 | -€19,485 | +€26,254 | +57.4% |
| Transfer from tax-exempt reserves | 789 | - | €13,939 | +€13,939 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,739 | -€5,546 | +€40,193 | +87.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.