KENECCA: what changed
Two fiscal 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.
KENECCA
Largest movements
- Receivables within one year -€10,000
no longer reported in 2025 (was €10,000)
- Cash -€3,625
down €3,625 (-88.6%), from €4,093 to €468
mainly Current portion of long-term debt (-€11,338) and Net result for the year (-€2,208)
- Current portion of long-term debt -€11,338
down €11,338 (-91.6%), from €12,379 to €1,041
- Profit (loss) carried forward -€2,208
down €2,208 (-46.2%), from -€4,783 to -€6,991
- Debts after one year -€1,041
no longer reported in 2025 (was €1,041)
- Other debts +€955
up €955 (+40.1%), from €2,383 to €3,338
- Gross operating margin +€885
up €885 (+37.8%), from -€2,343 to -€1,459
- Financial income -€488
no longer reported in 2025 (was €488)
- Financial charges -€179
down €179 (-33.8%), from €529 to €350
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.
Cash bridge derived
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 | €16,042 | €2,416 | -€13,625 | -84.9% |
| Fixed assets | 21/28 | €1,948 | €1,948 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,948 | €1,948 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,948 | €1,948 | = | 0.0% |
| Current assets | 29/58 | €14,093 | €468 | -€13,625 | -96.7% |
| Amounts receivable within one year | 40/41 | €10,000 | - | -€10,000 | |
| Trade receivables | 40 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €4,093 | €468 | -€3,625 | -88.6% |
| Total equity and liabilities | 10/49 | €16,042 | €2,416 | -€13,625 | -84.9% |
| Equity | 10/15 | €217 | -€1,991 | -€2,208 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,783 | -€6,991 | -€2,208 | -46.2% |
| Amounts payable | 17/49 | €15,824 | €4,407 | -€11,417 | -72.1% |
| Amounts payable after more than one year | 17 | €1,041 | - | -€1,041 | |
| Financial debts | 170/4 | €1,041 | - | -€1,041 | |
| Amounts payable within one year | 42/48 | €14,784 | €4,407 | -€10,376 | -70.2% |
| Current portion of amounts payable after more than one year | 42 | €12,379 | €1,041 | -€11,338 | -91.6% |
| Trade debts | 44 | €22 | €28 | +€7 | +30.8% |
| Suppliers | 440/4 | €22 | €28 | +€7 | +30.8% |
| Other amounts payable | 47/48 | €2,383 | €3,338 | +€955 | +40.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€2,343 | -€1,459 | +€885 | +37.8% |
| Operating profit (loss) | 9901 | -€2,731 | -€1,858 | +€872 | +31.9% |
| Financial income | 75/76B | €488 | - | -€488 | |
| Recurring financial income | 75 | €488 | - | -€488 | |
| Financial charges | 65/66B | €529 | €350 | -€179 | -33.8% |
| Recurring financial charges | 65 | €529 | €350 | -€179 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,771 | -€2,208 | +€563 | +20.3% |
| Profit (loss) for the period | 9904 | -€2,771 | -€2,208 | +€563 | +20.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,771 | -€2,208 | +€563 | +20.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.