KENITTE: 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.
KENITTE
Largest movements
- Receivables within one year +€6,180
up €6,180 (+207%), from €2,988 to €9,168
- Tangible fixed assets -€2,252
down €2,252 (-18.7%), from €12,040 to €9,789
of which Furniture and vehicles: -€1,502
- Profit (loss) carried forward +€6,184
up €6,184 (+55.4%), from -€11,163 to -€4,979
- Short-term financial debts -€3,759
down €3,759 (-51.4%), from €7,308 to €3,549
- Other debts +€1,810
up €1,810 (+525%), from €345 to €2,154
- Tax, wage and social debts -€350
down €350 (-56.5%), from €620 to €269
- Gross operating margin +€12,280
up €12,280, from -€2,078 to €10,202
- Other operating charges -€284
down €284 (-25.2%), from €1,126 to €842
- Financial charges +€143
up €143 (+16.9%), from €845 to €988
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,710 | €19,593 | +€3,883 | +24.7% |
| Fixed assets | 21/28 | €12,040 | €9,789 | -€2,252 | -18.7% |
| Tangible fixed assets | 22/27 | €12,040 | €9,789 | -€2,252 | -18.7% |
| Furniture and vehicles | 24 | €5,633 | €4,132 | -€1,502 | -26.7% |
| Other tangible fixed assets | 26 | €6,407 | €5,657 | -€750 | -11.7% |
| Current assets | 29/58 | €3,669 | €9,805 | +€6,135 | +167% |
| Amounts receivable within one year | 40/41 | €2,988 | €9,168 | +€6,180 | +207% |
| Trade receivables | 40 | €2,988 | €9,168 | +€6,180 | +207% |
| Deferred charges and accrued income | 490/1 | €681 | €636 | -€45 | -6.6% |
| Total equity and liabilities | 10/49 | €15,710 | €19,593 | +€3,883 | +24.7% |
| Equity | 10/15 | €7,437 | €13,621 | +€6,184 | +83.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,163 | -€4,979 | +€6,184 | +55.4% |
| Amounts payable | 17/49 | €8,273 | €5,972 | -€2,300 | -27.8% |
| Amounts payable within one year | 42/48 | €8,273 | €5,972 | -€2,300 | -27.8% |
| Financial debts | 43 | €7,308 | €3,549 | -€3,759 | -51.4% |
| Other loans | 439 | €7,308 | €3,549 | -€3,759 | -51.4% |
| Taxes, remuneration and social security | 45 | €620 | €269 | -€350 | -56.5% |
| Taxes | 450/3 | €620 | €269 | -€350 | -56.5% |
| Other amounts payable | 47/48 | €345 | €2,154 | +€1,810 | +525% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,252 | €2,252 | = | 0.0% |
| Other operating charges | 640/8 | €1,126 | €842 | -€284 | -25.2% |
| Gross operating margin | 9900 | -€2,078 | €10,202 | +€12,280 | |
| Operating profit (loss) | 9901 | -€5,455 | €7,109 | +€12,565 | |
| Financial income | 75/76B | €58 | €62 | +€4 | +7.6% |
| Recurring financial income | 75 | €58 | €62 | +€4 | +7.6% |
| Financial charges | 65/66B | €845 | €988 | +€143 | +16.9% |
| Recurring financial charges | 65 | €845 | €988 | +€143 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,242 | €6,184 | +€12,426 | |
| Profit (loss) for the period | 9904 | -€6,242 | €6,184 | +€12,426 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,242 | €6,184 | +€12,426 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.