BERT KENIS: 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.
BERT KENIS
Largest movements
- Tangible fixed assets -€16,462
down €16,462 (-39.1%), from €42,132 to €25,670
of which Furniture and vehicles: -€16,462
- Receivables within one year +€9,234
up €9,234 (+6.1%), from €150,794 to €160,028
of which Trade receivables: +€18,150
- Short-term financial debts -€13,609
down €13,609 (-71.5%), from €19,029 to €5,419
- Tax, wage and social debts -€13,565
down €13,565 (-38.8%), from €34,963 to €21,398
- Reserves +€9,500
up €9,500 (+7.9%), from €119,864 to €129,364
of which Distributable reserves: +€9,500
- Gross operating margin +€21,138
up €21,138 (+105.1%), from €20,110 to €41,248
- Taxes +€4,364
up €4,364 (+65.0%), from €6,715 to €11,079
- Other operating charges +€1,345
up €1,345 (+54.9%), from €2,451 to €3,796
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €792,464 | €772,905 | -€19,559 | -2.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €616,132 | €599,670 | -€16,462 | -2.7% |
| Tangible fixed assets | 22/27 | €42,132 | €25,670 | -€16,462 | -39.1% |
| Furniture and vehicles | 24 | €42,132 | €25,670 | -€16,462 | -39.1% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €574,000 | €574,000 | = | 0.0% |
| Current assets | 29/58 | €176,332 | €173,235 | -€3,097 | -1.8% |
| Amounts receivable within one year | 40/41 | €150,794 | €160,028 | +€9,234 | +6.1% |
| Trade receivables | 40 | €88,996 | €107,146 | +€18,150 | +20.4% |
| Other amounts receivable | 41 | €61,799 | €52,882 | -€8,916 | -14.4% |
| Cash at bank and in hand | 54/58 | €13,463 | €5,632 | -€7,831 | -58.2% |
| Deferred charges and accrued income | 490/1 | €12,075 | €7,575 | -€4,500 | -37.3% |
| Total equity and liabilities | 10/49 | €792,464 | €772,905 | -€19,559 | -2.5% |
| Equity | 10/15 | €736,005 | €745,597 | +€9,592 | +1.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €119,864 | €129,364 | +€9,500 | +7.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €118,004 | €127,504 | +€9,500 | +8.1% |
| Profit (loss) carried forward | 14 | €609,941 | €610,033 | +€92 | 0.0% |
| Amounts payable | 17/49 | €56,459 | €27,308 | -€29,151 | -51.6% |
| Amounts payable within one year | 42/48 | €56,459 | €27,308 | -€29,151 | -51.6% |
| Financial debts | 43 | €19,029 | €5,419 | -€13,609 | -71.5% |
| Credit institutions | 430/8 | €19,029 | €5,419 | -€13,609 | -71.5% |
| Trade debts | 44 | €2,467 | €490 | -€1,977 | -80.1% |
| Suppliers | 440/4 | €2,467 | €490 | -€1,977 | -80.1% |
| Taxes, remuneration and social security | 45 | €34,963 | €21,398 | -€13,565 | -38.8% |
| Taxes | 450/3 | €34,963 | €21,398 | -€13,565 | -38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,417 | €16,462 | +€45 | +0.3% |
| Other operating charges | 640/8 | €2,451 | €3,796 | +€1,345 | +54.9% |
| Gross operating margin | 9900 | €20,110 | €41,248 | +€21,138 | +105.1% |
| Operating profit (loss) | 9901 | €1,242 | €20,990 | +€19,748 | +1589.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €504 | €320 | -€185 | -36.6% |
| Recurring financial charges | 65 | €504 | €320 | -€185 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €738 | €20,671 | +€19,933 | +2700.3% |
| Income taxes | 67/77 | €6,715 | €11,079 | +€4,364 | +65.0% |
| Profit (loss) for the period | 9904 | -€5,976 | €9,592 | +€15,568 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,976 | €9,592 | +€15,568 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.