Kenis Consulting: 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.
Kenis Consulting
Largest movements
- Tangible fixed assets -€14,026
down €14,026 (-20.9%), from €67,246 to €53,220
of which Furniture and vehicles: -€10,869
- Receivables within one year -€5,402
down €5,402 (-32.9%), from €16,416 to €11,013
of which Trade receivables: -€7,097
- Current investments -€4,000
down €4,000 (-44.4%), from €9,000 to €5,000
- Cash +€1,377
up €1,377 (+5.1%), from €26,876 to €28,252
mainly Net result for the year (+€40,353) and Depreciation (+€19,100)
- Reserves -€32,223
down €32,223 (-43.3%), from €74,436 to €42,213
- Other debts +€19,043
up €19,043 (+197%), from €9,668 to €28,711
- Debts after one year -€7,719
down €7,719 (-100%), from €7,719 to €0
- Current portion of long-term debt -€2,414
down €2,414 (-23.8%), from €10,133 to €7,719
- Tax, wage and social debts +€1,588
up €1,588 (+52.9%), from €3,001 to €4,589
of which Taxes: +€1,093
- Gross operating margin -€13,561
down €13,561 (-16.0%), from €84,683 to €71,122
- Taxes -€2,564
down €2,564 (-18.8%), from €13,649 to €11,085
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 | €124,821 | €103,334 | -€21,487 | -17.2% |
| Fixed assets | 21/28 | €67,246 | €53,220 | -€14,026 | -20.9% |
| Tangible fixed assets | 22/27 | €67,246 | €53,220 | -€14,026 | -20.9% |
| Land and buildings | 22 | €31,778 | €28,621 | -€3,157 | -9.9% |
| Furniture and vehicles | 24 | €35,468 | €24,599 | -€10,869 | -30.6% |
| Current assets | 29/58 | €57,575 | €50,114 | -€7,461 | -13.0% |
| Stocks and contracts in progress | 3 | €3,650 | €3,650 | = | 0.0% |
| Stocks | 30/36 | €3,650 | €3,650 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,416 | €11,013 | -€5,402 | -32.9% |
| Trade receivables | 40 | €15,428 | €8,331 | -€7,097 | -46.0% |
| Other amounts receivable | 41 | €988 | €2,682 | +€1,694 | +171% |
| Current investments | 50/53 | €9,000 | €5,000 | -€4,000 | -44.4% |
| Cash at bank and in hand | 54/58 | €26,876 | €28,252 | +€1,377 | +5.1% |
| Deferred charges and accrued income | 490/1 | €1,634 | €2,198 | +€565 | +34.6% |
| Total equity and liabilities | 10/49 | €124,821 | €103,334 | -€21,487 | -17.2% |
| Equity | 10/15 | €93,036 | €60,813 | -€32,223 | -34.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €74,436 | €42,213 | -€32,223 | -43.3% |
| Distributable reserves | 133 | €74,436 | €42,213 | -€32,223 | -43.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €31,785 | €42,520 | +€10,735 | +33.8% |
| Amounts payable after more than one year | 17 | €7,719 | €0 | -€7,719 | -100% |
| Financial debts | 170/4 | €7,719 | €0 | -€7,719 | -100% |
| Amounts payable within one year | 42/48 | €24,009 | €42,520 | +€18,511 | +77.1% |
| Current portion of amounts payable after more than one year | 42 | €10,133 | €7,719 | -€2,414 | -23.8% |
| Trade debts | 44 | €1,208 | €1,501 | +€294 | +24.3% |
| Suppliers | 440/4 | €1,208 | €1,501 | +€294 | +24.3% |
| Taxes, remuneration and social security | 45 | €3,001 | €4,589 | +€1,588 | +52.9% |
| Taxes | 450/3 | €3,001 | €4,094 | +€1,093 | +36.4% |
| Remuneration and social security | 454/9 | - | €495 | +€495 | |
| Other amounts payable | 47/48 | €9,668 | €28,711 | +€19,043 | +197% |
| Accrued charges and deferred income | 492/3 | €57 | €0 | -€57 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,944 | €19,100 | +€155 | +0.8% |
| Other operating charges | 640/8 | €505 | €567 | +€61 | +12.1% |
| Gross operating margin | 9900 | €84,683 | €71,122 | -€13,561 | -16.0% |
| Operating profit (loss) | 9901 | €65,233 | €51,456 | -€13,778 | -21.1% |
| Financial income | 75/76B | €522 | €494 | -€29 | -5.5% |
| Recurring financial income | 75 | €522 | €494 | -€29 | -5.5% |
| Financial charges | 65/66B | €588 | €511 | -€77 | -13.1% |
| Recurring financial charges | 65 | €588 | €511 | -€77 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €65,168 | €51,438 | -€13,729 | -21.1% |
| Income taxes | 67/77 | €13,649 | €11,085 | -€2,564 | -18.8% |
| Profit (loss) for the period | 9904 | €51,519 | €40,353 | -€11,165 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €51,519 | €40,353 | -€11,165 | -21.7% |
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 22 October 2026 via checked.be.