KEKENBOSCH: 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.
KEKENBOSCH
Largest movements
- Tangible fixed assets -€9,967
down €9,967 (-75.0%), from €13,283 to €3,316
of which Leasing and similar rights: -€9,415
- Receivables within one year -€9,466
down €9,466 (-44.5%), from €21,271 to €11,806
of which Trade receivables: -€9,610
- Cash +€6,715
up €6,715 (+9.6%), from €70,172 to €76,887
mainly Depreciation (+€9,967) and Receivables within one year (+€9,466)
- Deferred charges and accrued income +€1,288
up €1,288 (+36.8%), from €3,503 to €4,791
- Trade debts -€5,328
down €5,328 (-36.6%), from €14,541 to €9,212
- Current portion of long-term debt -€3,105
down €3,105 (-50.7%), from €6,127 to €3,022
- Other debts +€2,479
up €2,479 (+43.2%), from €5,742 to €8,221
- Debts after one year -€1,842
down €1,842 (-24.6%), from €7,491 to €5,649
- Profit (loss) carried forward -€1,722
down €1,722 (-26.4%), from -€6,512 to -€8,233
- Gross operating margin -€6,188
down €6,188 (-41.8%), from €14,806 to €8,618
- Depreciation -€497
down €497 (-4.7%), from €10,464 to €9,967
- Taxes +€271
up €271 (+140%), from €193 to €465
- Financial charges -€217
down €217 (-26.6%), from €814 to €598
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 | €108,230 | €96,799 | -€11,431 | -10.6% |
| Fixed assets | 21/28 | €13,283 | €3,316 | -€9,967 | -75.0% |
| Tangible fixed assets | 22/27 | €13,283 | €3,316 | -€9,967 | -75.0% |
| Plant, machinery and equipment | 23 | €357 | - | -€357 | |
| Furniture and vehicles | 24 | €195 | - | -€195 | |
| Leasing and similar rights | 25 | €12,731 | €3,316 | -€9,415 | -74.0% |
| Current assets | 29/58 | €94,946 | €93,483 | -€1,463 | -1.5% |
| Amounts receivable within one year | 40/41 | €21,271 | €11,806 | -€9,466 | -44.5% |
| Trade receivables | 40 | €14,613 | €5,003 | -€9,610 | -65.8% |
| Other amounts receivable | 41 | €6,658 | €6,803 | +€145 | +2.2% |
| Cash at bank and in hand | 54/58 | €70,172 | €76,887 | +€6,715 | +9.6% |
| Deferred charges and accrued income | 490/1 | €3,503 | €4,791 | +€1,288 | +36.8% |
| Total equity and liabilities | 10/49 | €108,230 | €96,799 | -€11,431 | -10.6% |
| Equity | 10/15 | €71,367 | €69,645 | -€1,722 | -2.4% |
| Reserves | 13 | €77,879 | €77,879 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €76,019 | €76,019 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,512 | -€8,233 | -€1,722 | -26.4% |
| Amounts payable | 17/49 | €36,863 | €27,154 | -€9,709 | -26.3% |
| Amounts payable after more than one year | 17 | €7,491 | €5,649 | -€1,842 | -24.6% |
| Financial debts | 170/4 | €7,491 | €5,649 | -€1,842 | -24.6% |
| Amounts payable within one year | 42/48 | €29,372 | €21,505 | -€7,867 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €6,127 | €3,022 | -€3,105 | -50.7% |
| Trade debts | 44 | €14,541 | €9,212 | -€5,328 | -36.6% |
| Suppliers | 440/4 | €14,541 | €9,212 | -€5,328 | -36.6% |
| Advances received on contracts in progress | 46 | €996 | - | -€996 | |
| Taxes, remuneration and social security | 45 | €1,967 | €1,050 | -€917 | -46.6% |
| Taxes | 450/3 | - | €1,050 | +€1,050 | |
| Remuneration and social security | 454/9 | €1,967 | - | -€1,967 | |
| Other amounts payable | 47/48 | €5,742 | €8,221 | +€2,479 | +43.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,464 | €9,967 | -€497 | -4.7% |
| Gross operating margin | 9900 | €14,806 | €8,618 | -€6,188 | -41.8% |
| Operating profit (loss) | 9901 | €4,342 | -€1,350 | -€5,692 | |
| Financial income | 75/76B | €647 | €691 | +€44 | +6.8% |
| Recurring financial income | 75 | €647 | €691 | +€44 | +6.8% |
| Financial charges | 65/66B | €814 | €598 | -€217 | -26.6% |
| Recurring financial charges | 65 | €814 | €598 | -€217 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €4,174 | -€1,257 | -€5,431 | |
| Income taxes | 67/77 | €193 | €465 | +€271 | +140% |
| Profit (loss) for the period | 9904 | €3,981 | -€1,722 | -€5,702 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,981 | -€1,722 | -€5,702 |
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 18 October 2026 via checked.be.