KENNY JENNIS: 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.
KENNY JENNIS
Largest movements
- Cash +€39,507
up €39,507 (+124%), from €31,963 to €71,470
mainly Net result for the year (+€28,654) and Other debts (+€6,310)
- Receivables within one year -€5,180
down €5,180 (-50.2%), from €10,328 to €5,148
of which Trade receivables: -€5,180
- Tangible fixed assets +€1,997
up €1,997 (+261%), from €766 to €2,763
of which Plant, machinery and equipment: +€1,192
- Reserves +€37,000
new in 2025: €37,000
- Profit (loss) carried forward -€8,346
down €8,346 (-89.0%), from €9,376 to €1,029
- Other debts +€6,310
up €6,310 (+32.4%), from €19,479 to €25,790
- Tax, wage and social debts +€3,440
up €3,440 (+41.4%), from €8,298 to €11,738
- Trade debts -€2,614
down €2,614 (-39.9%), from €6,548 to €3,934
- Gross operating margin +€23,012
up €23,012 (+148%), from €15,561 to €38,573
- Taxes +€4,852
up €4,852 (+188%), from €2,585 to €7,437
- Other operating charges -€626
down €626 (-21.5%), from €2,914 to €2,288
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 | €44,701 | €80,491 | +€35,789 | +80.1% |
| Fixed assets | 21/28 | €766 | €2,763 | +€1,997 | +261% |
| Tangible fixed assets | 22/27 | €766 | €2,763 | +€1,997 | +261% |
| Plant, machinery and equipment | 23 | €766 | €1,959 | +€1,192 | +156% |
| Furniture and vehicles | 24 | - | €805 | +€805 | |
| Current assets | 29/58 | €43,935 | €77,727 | +€33,793 | +76.9% |
| Amounts receivable within one year | 40/41 | €10,328 | €5,148 | -€5,180 | -50.2% |
| Trade receivables | 40 | €10,074 | €4,894 | -€5,180 | -51.4% |
| Other amounts receivable | 41 | €254 | €254 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €31,963 | €71,470 | +€39,507 | +124% |
| Deferred charges and accrued income | 490/1 | €1,644 | €1,109 | -€535 | -32.5% |
| Total equity and liabilities | 10/49 | €44,701 | €80,491 | +€35,789 | +80.1% |
| Equity | 10/15 | €10,376 | €39,029 | +€28,654 | +276% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €37,000 | +€37,000 | |
| Distributable reserves | 133 | - | €37,000 | +€37,000 | |
| Profit (loss) carried forward | 14 | €9,376 | €1,029 | -€8,346 | -89.0% |
| Amounts payable | 17/49 | €34,325 | €41,461 | +€7,136 | +20.8% |
| Amounts payable within one year | 42/48 | €34,325 | €41,461 | +€7,136 | +20.8% |
| Trade debts | 44 | €6,548 | €3,934 | -€2,614 | -39.9% |
| Suppliers | 440/4 | €6,548 | €3,934 | -€2,614 | -39.9% |
| Taxes, remuneration and social security | 45 | €8,298 | €11,738 | +€3,440 | +41.4% |
| Taxes | 450/3 | €8,298 | €11,738 | +€3,440 | +41.4% |
| Other amounts payable | 47/48 | €19,479 | €25,790 | +€6,310 | +32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €734 | €587 | -€146 | -20.0% |
| Other operating charges | 640/8 | €2,914 | €2,288 | -€626 | -21.5% |
| Gross operating margin | 9900 | €15,561 | €38,573 | +€23,012 | +148% |
| Operating profit (loss) | 9901 | €11,913 | €35,698 | +€23,785 | +200% |
| Financial income | 75/76B | €292 | €465 | +€173 | +59.2% |
| Recurring financial income | 75 | €292 | €465 | +€173 | +59.2% |
| Financial charges | 65/66B | €244 | €72 | -€172 | -70.4% |
| Recurring financial charges | 65 | €244 | €72 | -€172 | -70.4% |
| Profit (loss) for the period before taxes | 9903 | €11,960 | €36,090 | +€24,130 | +202% |
| Income taxes | 67/77 | €2,585 | €7,437 | +€4,852 | +188% |
| Profit (loss) for the period | 9904 | €9,376 | €28,654 | +€19,278 | +206% |
| Profit (loss) for the period to be appropriated | 9905 | €9,376 | €28,654 | +€19,278 | +206% |
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.