’T KNUFFELTJE: 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.
’T KNUFFELTJE
Largest movements
- Current investments +€170,000
up €170,000 (+170%), from €100,000 to €270,000
- Deferred charges and accrued income +€22,614
up €22,614 (+79.7%), from €28,371 to €50,985
- Cash -€19,431
down €19,431 (-26.6%), from €73,040 to €53,609
mainly Current investments (-€170,000) and Deferred charges and accrued income (-€22,614)
- Profit (loss) carried forward +€106,999
up €106,999 (+93.9%), from €114,009 to €221,008
- Tax, wage and social debts +€69,821
up €69,821 (+78.0%), from €89,466 to €159,287
of which Taxes: +€35,022
- Staff costs +€44,610
up €44,610 (+13.2%), from €337,475 to €382,085
- Gross operating margin +€33,211
up €33,211 (+6.8%), from €491,001 to €524,212
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 | €229,534 | €405,662 | +€176,129 | +76.7% |
| Fixed assets | 21/28 | €17,864 | €17,721 | -€143 | -0.8% |
| Tangible fixed assets | 22/27 | €17,809 | €17,666 | -€143 | -0.8% |
| Plant, machinery and equipment | 23 | €8,601 | €7,883 | -€718 | -8.3% |
| Furniture and vehicles | 24 | €9,208 | €9,782 | +€575 | +6.2% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €211,670 | €387,941 | +€176,271 | +83.3% |
| Amounts receivable within one year | 40/41 | €10,259 | €13,347 | +€3,088 | +30.1% |
| Trade receivables | 40 | €10,259 | €13,347 | +€3,088 | +30.1% |
| Current investments | 50/53 | €100,000 | €270,000 | +€170,000 | +170% |
| Cash at bank and in hand | 54/58 | €73,040 | €53,609 | -€19,431 | -26.6% |
| Deferred charges and accrued income | 490/1 | €28,371 | €50,985 | +€22,614 | +79.7% |
| Total equity and liabilities | 10/49 | €229,534 | €405,662 | +€176,129 | +76.7% |
| Equity | 10/15 | €119,009 | €226,008 | +€106,999 | +89.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,009 | €221,008 | +€106,999 | +93.9% |
| Amounts payable | 17/49 | €110,525 | €179,655 | +€69,130 | +62.5% |
| Amounts payable within one year | 42/48 | €110,224 | €179,491 | +€69,266 | +62.8% |
| Trade debts | 44 | €5,081 | €5,765 | +€685 | +13.5% |
| Suppliers | 440/4 | €5,081 | €5,765 | +€685 | +13.5% |
| Taxes, remuneration and social security | 45 | €89,466 | €159,287 | +€69,821 | +78.0% |
| Taxes | 450/3 | €38,590 | €73,612 | +€35,022 | +90.8% |
| Remuneration and social security | 454/9 | €50,876 | €85,675 | +€34,799 | +68.4% |
| Other amounts payable | 47/48 | €15,678 | €14,438 | -€1,240 | -7.9% |
| Accrued charges and deferred income | 492/3 | €301 | €164 | -€137 | -45.5% |
| Remuneration, social security and pensions | 62 | €337,475 | €382,085 | +€44,610 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,201 | €4,692 | -€1,509 | -24.3% |
| Other operating charges | 640/8 | €772 | €597 | -€175 | -22.7% |
| Gross operating margin | 9900 | €491,001 | €524,212 | +€33,211 | +6.8% |
| Operating profit (loss) | 9901 | €146,553 | €136,837 | -€9,716 | -6.6% |
| Financial income | 75/76B | €1,013 | €2,669 | +€1,657 | +164% |
| Recurring financial income | 75 | €1,013 | €2,669 | +€1,657 | +164% |
| Financial charges | 65/66B | €226 | €182 | -€44 | -19.4% |
| Recurring financial charges | 65 | €226 | €182 | -€44 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €147,340 | €139,325 | -€8,015 | -5.4% |
| Income taxes | 67/77 | €33,331 | €32,326 | -€1,006 | -3.0% |
| Profit (loss) for the period | 9904 | €114,009 | €106,999 | -€7,010 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €114,009 | €106,999 | -€7,010 | -6.1% |
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 15 October 2026 via checked.be.