Kenis- Van Wezel: 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- Van Wezel
Largest movements
- Cash +€183,945
up €183,945 (+1,361%), from €13,519 to €197,465
mainly Other debts (+€86,546) and Stocks and contracts (+€83,006)
- Stocks and contracts -€83,006
down €83,006 (-60.5%), from €137,206 to €54,200
of which Stocks: -€83,006
- Receivables within one year -€2,989
down €2,989 (-50.7%), from €5,901 to €2,912
of which Trade receivables: -€1,632
- Other debts +€86,546
up €86,546 (+60.7%), from €142,517 to €229,063
- Profit (loss) carried forward +€8,890
up €8,890 (+34.2%), from €26,007 to €34,897
- Gross operating margin -€18,279
down €18,279 (-42.6%), from €42,935 to €24,656
- Depreciation +€8,006
up €8,006 (+191%), from €4,184 to €12,190
- Taxes -€6,078
down €6,078 (-68.9%), from €8,822 to €2,744
- Financial income -€1,336
down €1,336 (-83.6%), from €1,598 to €262
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 | €198,726 | €296,316 | +€97,589 | +49.1% |
| Fixed assets | 21/28 | €42,100 | €41,739 | -€360 | -0.9% |
| Tangible fixed assets | 22/27 | €41,893 | €41,739 | -€154 | -0.4% |
| Land and buildings | 22 | €31,396 | €29,055 | -€2,342 | -7.5% |
| Plant, machinery and equipment | 23 | €9,882 | €10,327 | +€445 | +4.5% |
| Furniture and vehicles | 24 | €614 | €2,357 | +€1,743 | +284% |
| Financial fixed assets | 28 | €206 | - | -€206 | |
| Current assets | 29/58 | €156,627 | €254,577 | +€97,950 | +62.5% |
| Stocks and contracts in progress | 3 | €137,206 | €54,200 | -€83,006 | -60.5% |
| Stocks | 30/36 | €87,206 | €4,200 | -€83,006 | -95.2% |
| Contracts in progress | 37 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,901 | €2,912 | -€2,989 | -50.7% |
| Trade receivables | 40 | €1,683 | €51 | -€1,632 | -97.0% |
| Other amounts receivable | 41 | €4,218 | €2,861 | -€1,357 | -32.2% |
| Cash at bank and in hand | 54/58 | €13,519 | €197,465 | +€183,945 | +1,361% |
| Total equity and liabilities | 10/49 | €198,726 | €296,316 | +€97,589 | +49.1% |
| Equity | 10/15 | €46,140 | €55,030 | +€8,890 | +19.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €16,133 | €16,133 | = | 0.0% |
| Distributable reserves | 133 | €16,133 | €16,133 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,007 | €34,897 | +€8,890 | +34.2% |
| Amounts payable | 17/49 | €152,587 | €241,286 | +€88,699 | +58.1% |
| Amounts payable within one year | 42/48 | €152,587 | €241,286 | +€88,699 | +58.1% |
| Trade debts | 44 | €1,238 | €657 | -€581 | -46.9% |
| Suppliers | 440/4 | €1,238 | €657 | -€581 | -46.9% |
| Taxes, remuneration and social security | 45 | €8,831 | €11,565 | +€2,734 | +31.0% |
| Taxes | 450/3 | €8,831 | €11,565 | +€2,734 | +31.0% |
| Other amounts payable | 47/48 | €142,517 | €229,063 | +€86,546 | +60.7% |
| Remuneration, social security and pensions | 62 | €214 | €95 | -€120 | -55.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,184 | €12,190 | +€8,006 | +191% |
| Other operating charges | 640/8 | €643 | €929 | +€286 | +44.6% |
| Gross operating margin | 9900 | €42,935 | €24,656 | -€18,279 | -42.6% |
| Operating profit (loss) | 9901 | €37,894 | €11,442 | -€26,452 | -69.8% |
| Financial income | 75/76B | €1,598 | €262 | -€1,336 | -83.6% |
| Recurring financial income | 75 | €1,598 | €262 | -€1,336 | -83.6% |
| Financial charges | 65/66B | €55 | €71 | +€16 | +28.9% |
| Recurring financial charges | 65 | €55 | €71 | +€16 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €39,437 | €11,634 | -€27,804 | -70.5% |
| Income taxes | 67/77 | €8,822 | €2,744 | -€6,078 | -68.9% |
| Profit (loss) for the period | 9904 | €30,615 | €8,890 | -€21,725 | -71.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,615 | €8,890 | -€21,725 | -71.0% |
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 25 October 2026 via checked.be.