KENIS AARDBEIEN: what changed
What changed
KENIS AARDBEIEN
NACE 01.110, Growing of cereals (except rice), leguminous crops and oil seeds
filed annual accounts (NBB)
Net result for the year
€732,525
2024 · €482,310+€250,215
Equity
€4.5m
2024 · €3.7m+€725,504
Cash
€1.1m
2024 · €378,235+€754,239
Balance sheet total
€7.9m
2024 · €5.2m+€2.7m
Largest movements
Assets
- Tangible fixed assets +€1.2m
up €1.2m (+51.6%), from €2.4m to €3.6m
of which Land and buildings: +€1.0m
- Cash +€754,239
up €754,239 (+199%), from €378,235 to €1.1m
mainly Debts after one year (+€988,786) and Trade debts (+€859,676)
- Receivables within one year +€698,005
up €698,005 (+100%), from €695,194 to €1.4m
of which Trade receivables: +€800,754
Equity and liabilities
- Debts after one year +€988,786
up €988,786 (+169%), from €584,857 to €1.6m
- Trade debts +€859,676
up €859,676 (+184%), from €467,993 to €1.3m
- Reserves +€732,915
up €732,915 (+22.0%), from €3.3m to €4.1m
- Current portion of long-term debt +€135,000
up €135,000 (+92.3%), from €146,214 to €281,214
Income statement
- Gross operating margin +€643,561
up €643,561 (+41.2%), from €1.6m to €2.2m
- Staff costs +€146,700
up €146,700 (+24.5%), from €599,483 to €746,182
- Taxes +€127,883
up €127,883 (+78.1%), from €163,819 to €291,702
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.
Result 2024
€482,310
Gross operating margin
+€643,561
Staff costs
-€146,700
Depreciation
-€529
Other operating charges
-€1,409
Other operating items
-€109,142
Financial income
-€7,004
Financial charges
-€680
Taxes
-€127,883
Result 2025
€732,525
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.3m
Investment
-€1.7m
Financing
+€1.1m
Cash 2024
€378,235
From operations (derived)
+€1.3m
Net result for the year
+€732,525
Depreciation
+€384,490
Receivables within one year
-€698,005
Smaller working-capital items
-€470
Trade debts
+€859,676
Tax, wage and social debts
-€61,052
Other debts
+€77,195
Investment (derived)
-€1.7m
Investment in fixed assets (net)
-€1.7m
Financing
+€1.1m
Debts after one year
+€988,786
Current portion of long-term debt
+€135,000
Contributions, distributions and other
-€7,021
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,189,129 | €7,914,075 | +€2.7m | +52.5% |
| Fixed assets | 21/28 | €2,500,094 | €3,772,489 | +€1.3m | +50.9% |
| Intangible fixed assets | 21 | €128,216 | €162,657 | +€34,441 | +26.9% |
| Tangible fixed assets | 22/27 | €2,357,998 | €3,575,527 | +€1.2m | +51.6% |
| Land and buildings | 22 | €1,216,195 | €2,252,794 | +€1.0m | +85.2% |
| Plant, machinery and equipment | 23 | €1,129,805 | €1,169,799 | +€39,994 | +3.5% |
| Furniture and vehicles | 24 | - | €143,740 | +€143,740 | |
| Other tangible fixed assets | 26 | €11,998 | €9,194 | -€2,803 | -23.4% |
| Financial fixed assets | 28 | €13,880 | €34,304 | +€20,424 | +147% |
| Current assets | 29/58 | €2,689,035 | €4,141,586 | +€1.5m | +54.0% |
| Stocks and contracts in progress | 3 | €92,500 | €92,500 | = | 0.0% |
| Stocks | 30/36 | €92,500 | €92,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €695,194 | €1,393,198 | +€698,005 | +100% |
| Trade receivables | 40 | €592,444 | €1,393,198 | +€800,754 | +135% |
| Other amounts receivable | 41 | €102,750 | €0 | -€102,750 | -100% |
| Current investments | 50/53 | €1,516,373 | €1,516,373 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €378,235 | €1,132,475 | +€754,239 | +199% |
| Deferred charges and accrued income | 490/1 | €6,733 | €7,040 | +€307 | +4.6% |
| Total equity and liabilities | 10/49 | €5,189,129 | €7,914,075 | +€2.7m | +52.5% |
| Equity | 10/15 | €3,745,747 | €4,471,252 | +€725,504 | +19.4% |
| Contributions | 10/11 | €360,000 | €360,000 | = | 0.0% |
| Reserves | 13 | €3,330,377 | €4,063,292 | +€732,915 | +22.0% |
| Distributable reserves | 133 | €3,330,377 | €4,063,292 | +€732,915 | +22.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Investment grants | 15 | €55,371 | €47,960 | -€7,411 | -13.4% |
| Provisions and deferred taxes | 16 | €2,914 | €2,524 | -€390 | -13.4% |
| Deferred taxes | 168 | €2,914 | €2,524 | -€390 | -13.4% |
| Amounts payable | 17/49 | €1,440,468 | €3,440,299 | +€2.0m | +139% |
| Amounts payable after more than one year | 17 | €584,857 | €1,573,643 | +€988,786 | +169% |
| Financial debts | 170/4 | €584,857 | €1,573,643 | +€988,786 | +169% |
| Amounts payable within one year | 42/48 | €855,611 | €1,866,429 | +€1.0m | +118% |
| Current portion of amounts payable after more than one year | 42 | €146,214 | €281,214 | +€135,000 | +92.3% |
| Trade debts | 44 | €467,993 | €1,327,669 | +€859,676 | +184% |
| Suppliers | 440/4 | €467,993 | €1,327,669 | +€859,676 | +184% |
| Taxes, remuneration and social security | 45 | €200,990 | €139,938 | -€61,052 | -30.4% |
| Taxes | 450/3 | €171,951 | €101,331 | -€70,620 | -41.1% |
| Remuneration and social security | 454/9 | €29,039 | €38,607 | +€9,568 | +32.9% |
| Other amounts payable | 47/48 | €40,413 | €117,608 | +€77,195 | +191% |
| Accrued charges and deferred income | 492/3 | €0 | €227 | +€227 | |
| Non-recurring operating income | 76A | €6,440 | €49,502 | +€43,062 | +669% |
| Remuneration, social security and pensions | 62 | €599,483 | €746,182 | +€146,700 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €383,962 | €384,490 | +€529 | +0.1% |
| Other operating charges | 640/8 | €21,321 | €22,729 | +€1,409 | +6.6% |
| Non-recurring operating charges | 66A | €0 | €109,142 | +€109,142 | |
| Gross operating margin | 9900 | €1,561,854 | €2,205,415 | +€643,561 | +41.2% |
| Operating profit (loss) | 9901 | €557,089 | €942,871 | +€385,782 | +69.2% |
| Financial income | 75/76B | €112,796 | €105,792 | -€7,004 | -6.2% |
| Recurring financial income | 75 | €112,796 | €105,792 | -€7,004 | -6.2% |
| Financial charges | 65/66B | €23,756 | €24,436 | +€680 | +2.9% |
| Recurring financial charges | 65 | €23,756 | €24,436 | +€680 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €646,129 | €1,024,227 | +€378,098 | +58.5% |
| Income taxes | 67/77 | €163,819 | €291,702 | +€127,883 | +78.1% |
| Profit (loss) for the period | 9904 | €482,310 | €732,525 | +€250,215 | +51.9% |
| Transfer from tax-exempt reserves | 789 | €1,178 | €390 | -€788 | -66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €483,488 | €732,915 | +€249,427 | +51.6% |
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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 3 November 2026 via checked.be.