E.S. KENESIS A.T.P.: what changed
What changed
E.S. KENESIS A.T.P.
filed annual accounts (NBB)
Net result for the year
€75,015
2024 · €31,879+€43,136
Equity
€234,348
2024 · €159,333+€75,015
Cash
€215,325
2024 · €119,093+€96,232
Balance sheet total
€277,345
2024 · €201,713+€75,632
Largest movements
Assets
- Cash +€96,232
up €96,232 (+80.8%), from €119,093 to €215,325
mainly Net result for the year (+€75,015) and Depreciation (+€17,422)
- Tangible fixed assets -€23,186
down €23,186 (-28.4%), from €81,521 to €58,335
Equity and liabilities
- Reserves +€75,015
up €75,015 (+53.3%), from €140,733 to €215,748
of which Distributable reserves: +€75,015
- Debts after one year -€8,949
down €8,949 (-36.6%), from €24,482 to €15,533
- Tax, wage and social debts +€4,460
up €4,460 (+51.3%), from €8,700 to €13,161
- Accrued charges and deferred income +€3,478
new in 2025: €3,478
Income statement
- Gross operating margin +€67,646
up €67,646 (+121%), from €55,753 to €123,399
- Taxes +€18,063
up €18,063 (+148%), from €12,200 to €30,263
- Depreciation +€7,454
up €7,454 (+74.8%), from €9,968 to €17,422
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
€31,879
Gross operating margin
+€67,646
Depreciation
-€7,454
Other operating charges
-€22
Other operating items
+€660
Financial income
+€881
Financial charges
-€512
Taxes
-€18,063
Result 2025
€75,015
raises the resultlowers the resultnot broken down further in the accounts
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
+€101,649
Investment
+€3,263
Financing
-€8,680
Cash 2024
€119,093
From operations (derived)
+€101,649
Net result for the year
+€75,015
Depreciation
+€17,422
Deferred charges and accrued income
-€86
Trade debts
-€356
Tax, wage and social debts
+€4,460
Other debts
+€1,717
Accrued charges and deferred income
+€3,478
Investment (derived)
+€3,263
Investment in fixed assets (net)
+€5,763
Current investments
-€2,500
Financing
-€8,680
Debts after one year
-€8,949
Current portion of long-term debt
+€268
Cash 2025
€215,325
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €201,713 | €277,345 | +€75,632 | +37.5% |
| Fixed assets | 21/28 | €81,521 | €58,335 | -€23,186 | -28.4% |
| Tangible fixed assets | 22/27 | €81,521 | €58,335 | -€23,186 | -28.4% |
| Land and buildings | 22 | €10,405 | - | -€10,405 | |
| Plant, machinery and equipment | 23 | €16,752 | €13,169 | -€3,583 | -21.4% |
| Furniture and vehicles | 24 | €53,992 | €42,725 | -€11,266 | -20.9% |
| Other tangible fixed assets | 26 | €373 | €2,441 | +€2,069 | +555% |
| Current assets | 29/58 | €120,191 | €219,010 | +€98,818 | +82.2% |
| Current investments | 50/53 | - | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €119,093 | €215,325 | +€96,232 | +80.8% |
| Deferred charges and accrued income | 490/1 | €1,099 | €1,185 | +€86 | +7.9% |
| Total equity and liabilities | 10/49 | €201,713 | €277,345 | +€75,632 | +37.5% |
| Equity | 10/15 | €159,333 | €234,348 | +€75,015 | +47.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €140,733 | €215,748 | +€75,015 | +53.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €138,873 | €213,888 | +€75,015 | +54.0% |
| Amounts payable | 17/49 | €42,379 | €42,997 | +€618 | +1.5% |
| Amounts payable after more than one year | 17 | €24,482 | €15,533 | -€8,949 | -36.6% |
| Financial debts | 170/4 | €24,482 | €15,533 | -€8,949 | -36.6% |
| Amounts payable within one year | 42/48 | €17,897 | €23,986 | +€6,089 | +34.0% |
| Current portion of amounts payable after more than one year | 42 | €8,680 | €8,949 | +€268 | +3.1% |
| Trade debts | 44 | €356 | - | -€356 | |
| Suppliers | 440/4 | €356 | - | -€356 | |
| Taxes, remuneration and social security | 45 | €8,700 | €13,161 | +€4,460 | +51.3% |
| Taxes | 450/3 | €8,700 | €13,161 | +€4,460 | +51.3% |
| Other amounts payable | 47/48 | €160 | €1,876 | +€1,717 | +1,074% |
| Accrued charges and deferred income | 492/3 | - | €3,478 | +€3,478 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,968 | €17,422 | +€7,454 | +74.8% |
| Other operating charges | 640/8 | €741 | €764 | +€22 | +3.0% |
| Non-recurring operating charges | 66A | €660 | - | -€660 | |
| Gross operating margin | 9900 | €55,753 | €123,399 | +€67,646 | +121% |
| Operating profit (loss) | 9901 | €44,383 | €105,213 | +€60,830 | +137% |
| Financial income | 75/76B | €355 | €1,236 | +€881 | +248% |
| Recurring financial income | 75 | €355 | €1,236 | +€881 | +248% |
| Financial charges | 65/66B | €659 | €1,171 | +€512 | +77.7% |
| Recurring financial charges | 65 | €659 | €1,171 | +€512 | +77.7% |
| Profit (loss) for the period before taxes | 9903 | €44,079 | €105,278 | +€61,199 | +139% |
| Income taxes | 67/77 | €12,200 | €30,263 | +€18,063 | +148% |
| Profit (loss) for the period | 9904 | €31,879 | €75,015 | +€43,136 | +135% |
| Profit (loss) for the period to be appropriated | 9905 | €31,879 | €75,015 | +€43,136 | +135% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.