Kenley: what changed
Two fiscal 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.
Kenley
Largest movements
- Cash -€5,452
down €5,452 (-64.9%), from €8,405 to €2,953
mainly Trade debts (-€2,330) and Net result for the year (-€1,950)
- Current investments +€1,200
up €1,200 (+57.1%), from €2,100 to €3,300
- Receivables within one year +€372
up €372 (+6.8%), from €5,500 to €5,872
- Trade debts -€2,330
down €2,330 (-65.3%), from €3,565 to €1,235
- Profit (loss) carried forward -€1,950
down €1,950 (-73.8%), from €2,643 to €692
- Tax, wage and social debts +€691
up €691 (+66.2%), from €1,044 to €1,736
of which Remuneration and social security: +€1,550
- Other debts -€271
down €271 (-5.0%), from €5,429 to €5,158
- Gross operating margin -€887
down €887 (-30.0%), from €2,957 to €2,070
- Taxes -€359
down €359 (-65.9%), from €544 to €186
- Financial charges +€351
up €351 (+20.7%), from €1,693 to €2,044
- Other operating charges +€128
up €128 (+7.4%), from €1,736 to €1,864
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.
Cash bridge derived
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 | €16,681 | €12,822 | -€3,860 | -23.1% |
| Current assets | 29/58 | €16,681 | €12,822 | -€3,860 | -23.1% |
| Stocks and contracts in progress | 3 | €11 | €5 | -€6 | -52.3% |
| Stocks | 30/36 | €11 | €5 | -€6 | -52.3% |
| Amounts receivable within one year | 40/41 | €5,500 | €5,872 | +€372 | +6.8% |
| Trade receivables | 40 | €5,500 | €5,872 | +€372 | +6.8% |
| Current investments | 50/53 | €2,100 | €3,300 | +€1,200 | +57.1% |
| Cash at bank and in hand | 54/58 | €8,405 | €2,953 | -€5,452 | -64.9% |
| Deferred charges and accrued income | 490/1 | €665 | €691 | +€26 | +4.0% |
| Total equity and liabilities | 10/49 | €16,681 | €12,822 | -€3,860 | -23.1% |
| Equity | 10/15 | €6,643 | €4,692 | -€1,950 | -29.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,643 | €692 | -€1,950 | -73.8% |
| Amounts payable | 17/49 | €10,039 | €8,129 | -€1,909 | -19.0% |
| Amounts payable within one year | 42/48 | €10,039 | €8,129 | -€1,909 | -19.0% |
| Trade debts | 44 | €3,565 | €1,235 | -€2,330 | -65.3% |
| Suppliers | 440/4 | €3,565 | €1,235 | -€2,330 | -65.3% |
| Taxes, remuneration and social security | 45 | €1,044 | €1,736 | +€691 | +66.2% |
| Taxes | 450/3 | €1,044 | €186 | -€859 | -82.2% |
| Remuneration and social security | 454/9 | - | €1,550 | +€1,550 | |
| Other amounts payable | 47/48 | €5,429 | €5,158 | -€271 | -5.0% |
| Other operating charges | 640/8 | €1,736 | €1,864 | +€128 | +7.4% |
| Gross operating margin | 9900 | €2,957 | €2,070 | -€887 | -30.0% |
| Operating profit (loss) | 9901 | €1,221 | €206 | -€1,015 | -83.1% |
| Financial income | 75/76B | €92 | €73 | -€19 | -20.7% |
| Recurring financial income | 75 | €92 | €73 | -€19 | -20.7% |
| Financial charges | 65/66B | €1,693 | €2,044 | +€351 | +20.7% |
| Recurring financial charges | 65 | €1,693 | €2,044 | +€351 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | -€380 | -€1,765 | -€1,385 | -364.2% |
| Income taxes | 67/77 | €544 | €186 | -€359 | -65.9% |
| Profit (loss) for the period | 9904 | -€925 | -€1,950 | -€1,026 | -111.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€925 | -€1,950 | -€1,026 | -111.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.