Ken-Tech: 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.
Ken-Tech
Largest movements
- Tangible fixed assets +€20,016
up €20,016 (+47.1%), from €42,529 to €62,545
of which Furniture and vehicles: +€19,612
- Receivables within one year +€10,225
up €10,225 (+65.3%), from €15,667 to €25,892
of which Other amounts receivable: +€5,430
- Cash +€5,865
up €5,865 (+1,828%), from €321 to €6,186
mainly Debts after one year (+€40,270) and Net result for the year (+€33,845)
- Deferred charges and accrued income -€1,723
down €1,723 (-70.2%), from €2,453 to €730
- Other debts -€46,969
down €46,969 (-94.5%), from €49,722 to €2,753
- Debts after one year +€40,270
new in 2025: €40,270
- Reserves +€33,045
up €33,045 (+9,258%), from €357 to €33,402
- Current portion of long-term debt +€10,256
new in 2025: €10,256
- Trade debts -€4,269
down €4,269 (-87.1%), from €4,899 to €630
- Gross operating margin +€51,100
up €51,100 (+1,695%), from €3,014 to €54,114
- Taxes +€8,689
up €8,689 (+2,285%), from €380 to €9,070
- Depreciation +€4,617
up €4,617 (+314%), from €1,471 to €6,087
- Financial charges +€1,175
up €1,175 (+18,952%), from €6 to €1,181
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 | €60,970 | €95,354 | +€34,383 | +56.4% |
| Fixed assets | 21/28 | €42,529 | €62,545 | +€20,016 | +47.1% |
| Tangible fixed assets | 22/27 | €42,529 | €62,545 | +€20,016 | +47.1% |
| Plant, machinery and equipment | 23 | - | €404 | +€404 | |
| Furniture and vehicles | 24 | €42,529 | €62,141 | +€19,612 | +46.1% |
| Current assets | 29/58 | €18,441 | €32,808 | +€14,367 | +77.9% |
| Amounts receivable within one year | 40/41 | €15,667 | €25,892 | +€10,225 | +65.3% |
| Trade receivables | 40 | €15,667 | €20,461 | +€4,795 | +30.6% |
| Other amounts receivable | 41 | - | €5,430 | +€5,430 | |
| Cash at bank and in hand | 54/58 | €321 | €6,186 | +€5,865 | +1,828% |
| Deferred charges and accrued income | 490/1 | €2,453 | €730 | -€1,723 | -70.2% |
| Total equity and liabilities | 10/49 | €60,970 | €95,354 | +€34,383 | +56.4% |
| Equity | 10/15 | €3,857 | €36,902 | +€33,045 | +857% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €357 | €33,402 | +€33,045 | +9,258% |
| Distributable reserves | 133 | €357 | €33,402 | +€33,045 | +9,258% |
| Amounts payable | 17/49 | €57,113 | €58,452 | +€1,339 | +2.3% |
| Amounts payable after more than one year | 17 | - | €40,270 | +€40,270 | |
| Financial debts | 170/4 | - | €40,270 | +€40,270 | |
| Amounts payable within one year | 42/48 | €57,113 | €18,182 | -€38,932 | -68.2% |
| Current portion of amounts payable after more than one year | 42 | - | €10,256 | +€10,256 | |
| Trade debts | 44 | €4,899 | €630 | -€4,269 | -87.1% |
| Suppliers | 440/4 | €4,899 | €630 | -€4,269 | -87.1% |
| Taxes, remuneration and social security | 45 | €2,493 | €4,543 | +€2,050 | +82.3% |
| Taxes | 450/3 | €2,493 | €4,543 | +€2,050 | +82.3% |
| Other amounts payable | 47/48 | €49,722 | €2,753 | -€46,969 | -94.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,471 | €6,087 | +€4,617 | +314% |
| Other operating charges | 640/8 | - | €122 | +€122 | |
| Non-recurring operating charges | 66A | - | €3,809 | +€3,809 | |
| Gross operating margin | 9900 | €3,014 | €54,114 | +€51,100 | +1,695% |
| Operating profit (loss) | 9901 | €1,543 | €44,095 | +€42,552 | +2,757% |
| Financial charges | 65/66B | €6 | €1,181 | +€1,175 | +18,952% |
| Recurring financial charges | 65 | €6 | €1,181 | +€1,175 | +18,952% |
| Profit (loss) for the period before taxes | 9903 | €1,537 | €42,914 | +€41,377 | +2,692% |
| Income taxes | 67/77 | €380 | €9,070 | +€8,689 | +2,285% |
| Profit (loss) for the period | 9904 | €1,157 | €33,845 | +€32,688 | +2,825% |
| Profit (loss) for the period to be appropriated | 9905 | €1,157 | €33,845 | +€32,688 | +2,825% |
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 27 October 2026 via checked.be.