Ken-Do-It: what changed
Ken-Do-It
Largest movements
- Receivables within one year -€35,994
down €35,994 (-42.9%), from €83,881 to €47,887
of which Trade receivables: -€30,291
- Cash +€22,847
up €22,847 (+138%), from €16,498 to €39,345
mainly Receivables within one year (+€35,994) and Tax, wage and social debts (+€12,680)
- Deferred charges and accrued income -€6,313
down €6,313 (-77.0%), from €8,194 to €1,881
- Tangible fixed assets -€2,092
down €2,092 (-5.6%), from €37,397 to €35,305
of which Furniture and vehicles: -€2,114
- Trade debts -€45,746
down €45,746 (-48.5%), from €94,372 to €48,627
- Tax, wage and social debts +€12,680
up €12,680 (+36.8%), from €34,431 to €47,111
of which Remuneration and social security: +€9,736
- Other debts +€7,812
up €7,812 (+619%), from €1,261 to €9,073
- Profit (loss) carried forward +€2,569
up €2,569 (+6.5%), from €39,627 to €42,196
- Advances received +€2,337
new in 2025: €2,337
- Staff costs +€106,694
up €106,694 (+62.3%), from €171,390 to €278,084
- Gross operating margin +€65,478
up €65,478 (+28.2%), from €232,291 to €297,770
- Taxes -€10,900
down €10,900 (-80.1%), from €13,600 to €2,700
- Depreciation +€5,667
up €5,667 (+81.0%), from €6,998 to €12,665
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €171,191 | €150,844 | -€20,347 | -11.9% |
| Fixed assets | 21/28 | €62,618 | €61,731 | -€888 | -1.4% |
| Intangible fixed assets | 21 | €13,497 | €14,521 | +€1,024 | +7.6% |
| Tangible fixed assets | 22/27 | €37,397 | €35,305 | -€2,092 | -5.6% |
| Plant, machinery and equipment | 23 | €19,827 | €19,156 | -€671 | -3.4% |
| Furniture and vehicles | 24 | €15,273 | €13,159 | -€2,114 | -13.8% |
| Other tangible fixed assets | 26 | €2,297 | €2,989 | +€692 | +30.1% |
| Financial fixed assets | 28 | €11,725 | €11,905 | +€180 | +1.5% |
| Current assets | 29/58 | €108,573 | €89,113 | -€19,460 | -17.9% |
| Amounts receivable within one year | 40/41 | €83,881 | €47,887 | -€35,994 | -42.9% |
| Trade receivables | 40 | €69,515 | €39,224 | -€30,291 | -43.6% |
| Other amounts receivable | 41 | €14,366 | €8,662 | -€5,703 | -39.7% |
| Cash at bank and in hand | 54/58 | €16,498 | €39,345 | +€22,847 | +138% |
| Deferred charges and accrued income | 490/1 | €8,194 | €1,881 | -€6,313 | -77.0% |
| Total equity and liabilities | 10/49 | €171,191 | €150,844 | -€20,347 | -11.9% |
| Equity | 10/15 | €41,127 | €43,696 | +€2,569 | +6.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,627 | €42,196 | +€2,569 | +6.5% |
| Amounts payable | 17/49 | €130,065 | €107,148 | -€22,916 | -17.6% |
| Amounts payable within one year | 42/48 | €130,065 | €107,148 | -€22,916 | -17.6% |
| Trade debts | 44 | €94,372 | €48,627 | -€45,746 | -48.5% |
| Suppliers | 440/4 | €94,372 | €48,627 | -€45,746 | -48.5% |
| Advances received on contracts in progress | 46 | - | €2,337 | +€2,337 | |
| Taxes, remuneration and social security | 45 | €34,431 | €47,111 | +€12,680 | +36.8% |
| Taxes | 450/3 | €14,136 | €17,080 | +€2,944 | +20.8% |
| Remuneration and social security | 454/9 | €20,295 | €30,031 | +€9,736 | +48.0% |
| Other amounts payable | 47/48 | €1,261 | €9,073 | +€7,812 | +619% |
| Remuneration, social security and pensions | 62 | €171,390 | €278,084 | +€106,694 | +62.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,998 | €12,665 | +€5,667 | +81.0% |
| Other operating charges | 640/8 | €393 | €526 | +€133 | +34.0% |
| Gross operating margin | 9900 | €232,291 | €297,770 | +€65,478 | +28.2% |
| Operating profit (loss) | 9901 | €53,511 | €6,495 | -€47,016 | -87.9% |
| Financial income | 75/76B | €128 | €29 | -€99 | -77.2% |
| Recurring financial income | 75 | €128 | €29 | -€99 | -77.2% |
| Financial charges | 65/66B | €412 | €1,255 | +€843 | +205% |
| Recurring financial charges | 65 | €412 | €1,255 | +€843 | +205% |
| Profit (loss) for the period before taxes | 9903 | €53,227 | €5,269 | -€47,957 | -90.1% |
| Income taxes | 67/77 | €13,600 | €2,700 | -€10,900 | -80.1% |
| Profit (loss) for the period | 9904 | €39,627 | €2,569 | -€37,057 | -93.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,627 | €2,569 | -€37,057 | -93.5% |
Next steps
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 4 November 2026 via checked.be.