KENDEL PARTNERS: 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.
KENDEL PARTNERS
Largest movements
- Cash +€6,112
up €6,112 (+821%), from €744 to €6,856
mainly Net result for the year (+€3,211) and Receivables within one year (+€2,630)
- Receivables within one year -€2,630
down €2,630 (-58.5%), from €4,494 to €1,864
of which Trade receivables: -€4,216
- Profit (loss) carried forward +€3,211
up €3,211 (+589%), from €545 to €3,756
- Trade debts +€1,174
up €1,174 (+577%), from €203 to €1,377
- Other debts -€758
no longer reported in 2024 (was €758)
- Tax, wage and social debts -€145
down €145 (-19.8%), from €732 to €587
- Turnover +€4,233
up €4,233 (+121%), from €3,485 to €7,718
- Gross operating margin +€2,593
up €2,593 (+286%), from €906 to €3,499
- Purchases and services +€1,644
up €1,644 (+63.8%), from €2,576 to €4,219
- Other operating charges -€83
down €83 (-35.4%), from €236 to €153
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,238 | €8,720 | +€3,482 | +66.5% |
| Current assets | 29/58 | €5,238 | €8,720 | +€3,482 | +66.5% |
| Amounts receivable within one year | 40/41 | €4,494 | €1,864 | -€2,630 | -58.5% |
| Trade receivables | 40 | €4,216 | - | -€4,216 | |
| Other amounts receivable | 41 | €278 | €1,864 | +€1,586 | +572% |
| Cash at bank and in hand | 54/58 | €744 | €6,856 | +€6,112 | +821% |
| Total equity and liabilities | 10/49 | €5,238 | €8,720 | +€3,482 | +66.5% |
| Equity | 10/15 | €3,545 | €6,756 | +€3,211 | +90.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | - | -€3,000 | |
| Share premium | 1100/10 | €3,000 | - | -€3,000 | |
| Profit (loss) carried forward | 14 | €545 | €3,756 | +€3,211 | +589% |
| Amounts payable | 17/49 | €1,694 | €1,964 | +€271 | +16.0% |
| Amounts payable within one year | 42/48 | €1,694 | €1,964 | +€271 | +16.0% |
| Trade debts | 44 | €203 | €1,377 | +€1,174 | +577% |
| Suppliers | 440/4 | €203 | €1,377 | +€1,174 | +577% |
| Taxes, remuneration and social security | 45 | €732 | €587 | -€145 | -19.8% |
| Taxes | 450/3 | €732 | €587 | -€145 | -19.8% |
| Other amounts payable | 47/48 | €758 | - | -€758 | |
| Turnover | 70 | €3,485 | €7,718 | +€4,233 | +121% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,576 | €4,219 | +€1,644 | +63.8% |
| Other operating charges | 640/8 | €236 | €153 | -€83 | -35.4% |
| Gross operating margin | 9900 | €906 | €3,499 | +€2,593 | +286% |
| Operating profit (loss) | 9901 | €670 | €3,346 | +€2,676 | +400% |
| Financial charges | 65/66B | €125 | €135 | +€10 | +8.0% |
| Recurring financial charges | 65 | €125 | €135 | +€10 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €545 | €3,211 | +€2,666 | +489% |
| Profit (loss) for the period | 9904 | €545 | €3,211 | +€2,666 | +489% |
| Profit (loss) for the period to be appropriated | 9905 | €545 | €3,211 | +€2,666 | +489% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.