KANTOOR KENIS: what changed
What changed
KANTOOR KENIS
NACE 66.191, Agents and brokers in banking services
filed annual accounts (NBB)
Net result for the year
€171,260
2024 · €118,926+€52,334
Equity
€1.1m
2024 · €897,971+€171,260
Cash
€226,458
2024 · €177,309+€49,149
Balance sheet total
€1.6m
2024 · €1.5m+€153,598
Largest movements
Assets
- Receivables within one year +€112,529
up €112,529 (+32.6%), from €345,073 to €457,602
of which Other amounts receivable: +€104,887
- Cash +€49,149
up €49,149 (+27.7%), from €177,309 to €226,458
mainly Net result for the year (+€171,260) and Depreciation (+€98,962)
- Tangible fixed assets -€43,384
down €43,384 (-5.5%), from €782,240 to €738,856
of which Land and buildings: -€49,770
- Current investments +€32,011
up €32,011 (+24.8%), from €129,125 to €161,136
Equity and liabilities
- Reserves +€171,260
up €171,260 (+19.5%), from €879,371 to €1.1m
of which Distributable reserves: +€171,260
- Debts after one year -€58,009
down €58,009 (-15.2%), from €382,200 to €324,191
- Tax, wage and social debts +€47,738
up €47,738 (+49.3%), from €96,733 to €144,470
of which Taxes: +€46,122
Income statement
- Gross operating margin +€90,569
up €90,569 (+16.9%), from €535,776 to €626,345
- Taxes +€21,974
up €21,974 (+34.1%), from €64,429 to €86,403
- Staff costs +€13,139
up €13,139 (+5.0%), from €261,564 to €274,702
- Depreciation +€12,172
up €12,172 (+14.0%), from €86,790 to €98,962
- Financial income +€9,138
up €9,138 (+67.2%), from €13,606 to €22,744
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
€118,926
Gross operating margin
+€90,569
Staff costs
-€13,139
Depreciation
-€12,172
Other operating charges
+€3,987
Other operating items
-€4,523
Financial income
+€9,138
Financial charges
+€449
Taxes
-€21,974
Result 2025
€171,260
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
+€193,988
Investment
-€87,588
Financing
-€57,250
Cash 2024
€177,309
From operations (derived)
+€193,988
Net result for the year
+€171,260
Depreciation
+€98,962
Receivables within one year
-€112,529
Deferred charges and accrued income
-€3,293
Trade debts
-€9,068
Tax, wage and social debts
+€47,738
Accrued charges and deferred income
+€918
Investment (derived)
-€87,588
Investment in fixed assets (net)
-€55,577
Current investments
-€32,011
Financing
-€57,250
Debts after one year
-€58,009
Current portion of long-term debt
+€759
Cash 2025
€226,458
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,495,718 | €1,649,315 | +€153,598 | +10.3% |
| Fixed assets | 21/28 | €782,450 | €739,066 | -€43,384 | -5.5% |
| Tangible fixed assets | 22/27 | €782,240 | €738,856 | -€43,384 | -5.5% |
| Land and buildings | 22 | €663,708 | €613,938 | -€49,770 | -7.5% |
| Plant, machinery and equipment | 23 | €26,530 | €22,464 | -€4,065 | -15.3% |
| Furniture and vehicles | 24 | €92,003 | €102,453 | +€10,450 | +11.4% |
| Other tangible fixed assets | 26 | €0 | €0 | -€0 | -100% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €713,268 | €910,250 | +€196,982 | +27.6% |
| Amounts receivable within one year | 40/41 | €345,073 | €457,602 | +€112,529 | +32.6% |
| Trade receivables | 40 | €1,089 | €8,731 | +€7,642 | +702% |
| Other amounts receivable | 41 | €343,984 | €448,871 | +€104,887 | +30.5% |
| Current investments | 50/53 | €129,125 | €161,136 | +€32,011 | +24.8% |
| Cash at bank and in hand | 54/58 | €177,309 | €226,458 | +€49,149 | +27.7% |
| Deferred charges and accrued income | 490/1 | €61,761 | €65,054 | +€3,293 | +5.3% |
| Total equity and liabilities | 10/49 | €1,495,718 | €1,649,315 | +€153,598 | +10.3% |
| Equity | 10/15 | €897,971 | €1,069,231 | +€171,260 | +19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €879,371 | €1,050,631 | +€171,260 | +19.5% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €841,871 | €1,013,131 | +€171,260 | +20.3% |
| Provisions and deferred taxes | 16 | €25,000 | €25,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €25,000 | €25,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable | 17/49 | €572,747 | €555,084 | -€17,663 | -3.1% |
| Amounts payable after more than one year | 17 | €382,200 | €324,191 | -€58,009 | -15.2% |
| Financial debts | 170/4 | €382,200 | €324,191 | -€58,009 | -15.2% |
| Amounts payable within one year | 42/48 | €179,706 | €219,134 | +€39,428 | +21.9% |
| Current portion of amounts payable after more than one year | 42 | €57,250 | €58,009 | +€759 | +1.3% |
| Trade debts | 44 | €25,723 | €16,655 | -€9,068 | -35.3% |
| Suppliers | 440/4 | €25,723 | €16,655 | -€9,068 | -35.3% |
| Taxes, remuneration and social security | 45 | €96,733 | €144,470 | +€47,738 | +49.3% |
| Taxes | 450/3 | €65,716 | €111,838 | +€46,122 | +70.2% |
| Remuneration and social security | 454/9 | €31,017 | €32,633 | +€1,616 | +5.2% |
| Accrued charges and deferred income | 492/3 | €10,841 | €11,759 | +€918 | +8.5% |
| Non-recurring operating income | 76A | €21,228 | €0 | -€21,228 | -100% |
| Remuneration, social security and pensions | 62 | €261,564 | €274,702 | +€13,139 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,790 | €98,962 | +€12,172 | +14.0% |
| Other operating charges | 640/8 | €10,070 | €6,084 | -€3,987 | -39.6% |
| Non-recurring operating charges | 66A | €58 | €4,581 | +€4,523 | +7,786% |
| Gross operating margin | 9900 | €535,776 | €626,345 | +€90,569 | +16.9% |
| Operating profit (loss) | 9901 | €177,294 | €242,016 | +€64,722 | +36.5% |
| Financial income | 75/76B | €13,606 | €22,744 | +€9,138 | +67.2% |
| Recurring financial income | 75 | €13,606 | €22,744 | +€9,138 | +67.2% |
| Financial charges | 65/66B | €7,545 | €7,096 | -€449 | -5.9% |
| Recurring financial charges | 65 | €7,545 | €7,096 | -€449 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €183,355 | €257,664 | +€74,309 | +40.5% |
| Income taxes | 67/77 | €64,429 | €86,403 | +€21,974 | +34.1% |
| Profit (loss) for the period | 9904 | €118,926 | €171,260 | +€52,334 | +44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €118,926 | €171,260 | +€52,334 | +44.0% |
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 8 November 2026 via checked.be.