KENIS & 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.
KENIS & PARTNERS
Largest movements
- Cash -€95,561
down €95,561 (-100%), from €95,561 to €0
mainly Other debts (-€166,848) and Trade debts (-€2,217)
- Receivables within one year -€37,460
down €37,460 (-66.4%), from €56,422 to €18,962
of which Trade receivables: -€35,841
- Other debts -€166,848
down €166,848 (-20.4%), from €819,716 to €652,868
- Profit (loss) carried forward +€36,043
up €36,043 (+5.2%), from -€690,329 to -€654,286
- Trade debts -€2,217
down €2,217 (-85.4%), from €2,597 to €380
- Gross operating margin +€50,144
up €50,144, from -€11,749 to €38,395
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 | €151,983 | €18,962 | -€133,021 | -87.5% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €151,983 | €18,962 | -€133,021 | -87.5% |
| Amounts receivable within one year | 40/41 | €56,422 | €18,962 | -€37,460 | -66.4% |
| Trade receivables | 40 | €53,316 | €17,475 | -€35,841 | -67.2% |
| Other amounts receivable | 41 | €3,107 | €1,488 | -€1,619 | -52.1% |
| Cash at bank and in hand | 54/58 | €95,561 | €0 | -€95,561 | -100% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €151,983 | €18,962 | -€133,021 | -87.5% |
| Equity | 10/15 | -€670,329 | -€634,286 | +€36,043 | +5.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€690,329 | -€654,286 | +€36,043 | +5.2% |
| Amounts payable | 17/49 | €822,313 | €653,248 | -€169,064 | -20.6% |
| Amounts payable within one year | 42/48 | €822,313 | €653,248 | -€169,064 | -20.6% |
| Trade debts | 44 | €2,597 | €380 | -€2,217 | -85.4% |
| Suppliers | 440/4 | €2,597 | €380 | -€2,217 | -85.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €819,716 | €652,868 | -€166,848 | -20.4% |
| Non-recurring operating income | 76A | - | €24,793 | +€24,793 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4 | €0 | -€4 | -100% |
| Other operating charges | 640/8 | €1,909 | €1,796 | -€113 | -5.9% |
| Gross operating margin | 9900 | -€11,749 | €38,395 | +€50,144 | |
| Operating profit (loss) | 9901 | -€13,661 | €36,599 | +€50,261 | |
| Financial charges | 65/66B | €69 | €111 | +€42 | +60.6% |
| Recurring financial charges | 65 | €69 | €111 | +€42 | +60.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,731 | €36,488 | +€50,219 | |
| Income taxes | 67/77 | €477 | €445 | -€33 | -6.8% |
| Profit (loss) for the period | 9904 | -€14,208 | €36,043 | +€50,251 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,208 | €36,043 | +€50,251 |
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 19 October 2026 via checked.be.