KENGETAL: what changed
KENGETAL
Largest movements
- Cash +€18,235
up €18,235 (+92.1%), from €19,801 to €38,036
mainly Net result for the year (+€19,427) and Receivables within one year (+€2,336)
- Receivables within one year -€2,336
down €2,336 (-51.8%), from €4,509 to €2,173
- Deferred charges and accrued income +€918
up €918 (+28.3%), from €3,244 to €4,162
- Reserves +€27,638
new in 2025: €27,638
- Profit (loss) carried forward -€9,929
no longer reported in 2025 (was €9,929)
- Other debts -€1,269
down €1,269 (-36.0%), from €3,521 to €2,252
- Trade debts +€915
up €915 (+83.3%), from €1,099 to €2,014
- Gross operating margin +€12,396
up €12,396 (+73.4%), from €16,881 to €29,277
- Write-downs +€2,526
new in 2025: €2,526
- Taxes +€2,288
up €2,288 (+64.9%), from €3,523 to €5,811
- Other operating charges -€666
down €666 (-59.1%), from €1,126 to €460
- Depreciation +€441
up €441 (+70.1%), from €629 to €1,070
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 | €32,040 | €49,004 | +€16,964 | +52.9% |
| Fixed assets | 21/28 | €4,486 | €4,633 | +€147 | +3.3% |
| Tangible fixed assets | 22/27 | €2,416 | €2,563 | +€147 | +6.1% |
| Furniture and vehicles | 24 | €2,416 | €2,563 | +€147 | +6.1% |
| Financial fixed assets | 28 | €2,070 | €2,070 | = | 0.0% |
| Current assets | 29/58 | €27,554 | €44,371 | +€16,817 | +61.0% |
| Amounts receivable within one year | 40/41 | €4,509 | €2,173 | -€2,336 | -51.8% |
| Trade receivables | 40 | €4,509 | €2,173 | -€2,336 | -51.8% |
| Cash at bank and in hand | 54/58 | €19,801 | €38,036 | +€18,235 | +92.1% |
| Deferred charges and accrued income | 490/1 | €3,244 | €4,162 | +€918 | +28.3% |
| Total equity and liabilities | 10/49 | €32,040 | €49,004 | +€16,964 | +52.9% |
| Equity | 10/15 | €14,729 | €32,438 | +€17,709 | +120% |
| Contributions | 10/11 | €4,800 | €4,800 | = | 0.0% |
| Reserves | 13 | - | €27,638 | +€27,638 | |
| Distributable reserves | 133 | - | €27,638 | +€27,638 | |
| Profit (loss) carried forward | 14 | €9,929 | - | -€9,929 | |
| Amounts payable | 17/49 | €17,311 | €16,566 | -€745 | -4.3% |
| Amounts payable within one year | 42/48 | €15,881 | €15,516 | -€365 | -2.3% |
| Trade debts | 44 | €1,099 | €2,014 | +€915 | +83.3% |
| Suppliers | 440/4 | €1,099 | €2,014 | +€915 | +83.3% |
| Taxes, remuneration and social security | 45 | €11,261 | €11,250 | -€11 | -0.1% |
| Taxes | 450/3 | €6,662 | €9,558 | +€2,896 | +43.5% |
| Remuneration and social security | 454/9 | €4,599 | €1,692 | -€2,907 | -63.2% |
| Other amounts payable | 47/48 | €3,521 | €2,252 | -€1,269 | -36.0% |
| Accrued charges and deferred income | 492/3 | €1,430 | €1,050 | -€380 | -26.6% |
| Non-recurring operating income | 76A | €14,903 | - | -€14,903 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €629 | €1,070 | +€441 | +70.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,526 | +€2,526 | |
| Other operating charges | 640/8 | €1,126 | €460 | -€666 | -59.1% |
| Gross operating margin | 9900 | €16,881 | €29,277 | +€12,396 | +73.4% |
| Operating profit (loss) | 9901 | €15,126 | €25,221 | +€10,095 | +66.7% |
| Financial income | 75/76B | €1 | €56 | +€55 | +5,500% |
| Recurring financial income | 75 | €1 | €56 | +€55 | +5,500% |
| Financial charges | 65/66B | €9 | €39 | +€30 | +333% |
| Recurring financial charges | 65 | €9 | €39 | +€30 | +333% |
| Profit (loss) for the period before taxes | 9903 | €15,118 | €25,238 | +€10,120 | +66.9% |
| Income taxes | 67/77 | €3,523 | €5,811 | +€2,288 | +64.9% |
| Profit (loss) for the period | 9904 | €11,595 | €19,427 | +€7,832 | +67.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,595 | €19,427 | +€7,832 | +67.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.