Kenkomax: 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.
Kenkomax
Largest movements
- Tangible fixed assets -€6,830
down €6,830 (-19.0%), from €35,882 to €29,052
of which Plant, machinery and equipment: -€4,807
- Financial fixed assets -€3,412
down €3,412 (-46.7%), from €7,306 to €3,894
- Stocks and contracts +€2,500
up €2,500 (+15.6%), from €16,062 to €18,562
- Receivables within one year +€2,066
up €2,066 (+410%), from €504 to €2,570
of which Other amounts receivable: +€1,950
- Cash -€1,666
down €1,666 (-63.4%), from €2,629 to €963
mainly Net result for the year (-€57,407) and Stocks and contracts (-€2,500)
- Profit (loss) carried forward -€57,406
down €57,406 (-16.8%), from -€342,683 to -€400,089
- Other debts +€42,751
up €42,751 (+11.1%), from €384,224 to €426,975
- Trade debts +€7,736
up €7,736 (+425%), from €1,819 to €9,555
- Gross operating margin -€31,267
down €31,267 (-617%), from -€5,070 to -€36,337
- Staff costs -€29,476
down €29,476 (-75.3%), from €39,122 to €9,646
- Depreciation -€2,279
down €2,279 (-20.9%), from €10,914 to €8,635
- Other operating charges +€523
up €523 (+31.6%), from €1,657 to €2,180
- Financial charges +€465
up €465 (+304%), from €153 to €618
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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,383 | €55,041 | -€7,342 | -11.8% |
| Fixed assets | 21/28 | €43,188 | €32,946 | -€10,242 | -23.7% |
| Tangible fixed assets | 22/27 | €35,882 | €29,052 | -€6,830 | -19.0% |
| Plant, machinery and equipment | 23 | €21,944 | €17,137 | -€4,807 | -21.9% |
| Furniture and vehicles | 24 | €12,096 | €10,687 | -€1,409 | -11.6% |
| Other tangible fixed assets | 26 | €1,842 | €1,228 | -€614 | -33.3% |
| Financial fixed assets | 28 | €7,306 | €3,894 | -€3,412 | -46.7% |
| Current assets | 29/58 | €19,195 | €22,095 | +€2,900 | +15.1% |
| Stocks and contracts in progress | 3 | €16,062 | €18,562 | +€2,500 | +15.6% |
| Stocks | 30/36 | €16,062 | €18,562 | +€2,500 | +15.6% |
| Amounts receivable within one year | 40/41 | €504 | €2,570 | +€2,066 | +410% |
| Trade receivables | 40 | €504 | €620 | +€116 | +23.0% |
| Other amounts receivable | 41 | - | €1,950 | +€1,950 | |
| Cash at bank and in hand | 54/58 | €2,629 | €963 | -€1,666 | -63.4% |
| Total equity and liabilities | 10/49 | €62,383 | €55,041 | -€7,342 | -11.8% |
| Equity | 10/15 | -€324,083 | -€381,489 | -€57,406 | -17.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€342,683 | -€400,089 | -€57,406 | -16.8% |
| Amounts payable | 17/49 | €386,466 | €436,530 | +€50,064 | +13.0% |
| Amounts payable within one year | 42/48 | €386,466 | €436,530 | +€50,064 | +13.0% |
| Trade debts | 44 | €1,819 | €9,555 | +€7,736 | +425% |
| Suppliers | 440/4 | €1,819 | €9,555 | +€7,736 | +425% |
| Taxes, remuneration and social security | 45 | €423 | - | -€423 | |
| Taxes | 450/3 | €423 | - | -€423 | |
| Other amounts payable | 47/48 | €384,224 | €426,975 | +€42,751 | +11.1% |
| Remuneration, social security and pensions | 62 | €39,122 | €9,646 | -€29,476 | -75.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,914 | €8,635 | -€2,279 | -20.9% |
| Other operating charges | 640/8 | €1,657 | €2,180 | +€523 | +31.6% |
| Gross operating margin | 9900 | -€5,070 | -€36,337 | -€31,267 | -617% |
| Operating profit (loss) | 9901 | -€56,763 | -€56,798 | -€35 | -0.1% |
| Financial income | 75/76B | €1 | €11 | +€10 | +1,000% |
| Recurring financial income | 75 | €1 | €11 | +€10 | +1,000% |
| Financial charges | 65/66B | €153 | €618 | +€465 | +304% |
| Recurring financial charges | 65 | €153 | €618 | +€465 | +304% |
| Profit (loss) for the period before taxes | 9903 | -€56,915 | -€57,405 | -€490 | -0.9% |
| Income taxes | 67/77 | - | €2 | +€2 | |
| Profit (loss) for the period | 9904 | -€56,915 | -€57,407 | -€492 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,915 | -€57,407 | -€492 | -0.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.