KENNYKNI: what changed
What changed
KENNYKNI
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€289,089
2024 · €134,810+€154,279
Equity
€10,000
2024 · €10,000
Cash
€145,928
2024 · €123,415+€22,513
Balance sheet total
€614,377
2024 · €372,855+€241,523
Largest movements
Assets
- Receivables within one year +€124,000
up €124,000 (+148%), from €83,532 to €207,532
- Tangible fixed assets +€91,622
up €91,622 (+56.3%), from €162,613 to €254,235
of which Furniture and vehicles: +€84,071
- Cash +€22,513
up €22,513 (+18.2%), from €123,415 to €145,928
mainly Net result for the year (+€289,089) and Other debts (+€184,124)
Equity and liabilities
- Other debts +€184,124
up €184,124 (+135%), from €136,170 to €320,293
- Debts after one year +€23,542
up €23,542 (+14.0%), from €167,716 to €191,258
- Tax, wage and social debts +€21,737
up €21,737, from €0 to €21,737
- Current portion of long-term debt +€12,137
up €12,137 (+22.7%), from €53,552 to €65,689
Income statement
- Gross operating margin +€240,945
up €240,945 (+141%), from €170,350 to €411,295
- Taxes +€74,254
up €74,254 (+423%), from €17,547 to €91,801
- Financial income -€14,555
down €14,555 (-98.6%), from €14,768 to €214
- Depreciation -€5,447
down €5,447 (-19.1%), from €28,450 to €23,004
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€134,810
Gross operating margin
+€240,945
Depreciation
+€5,447
Other operating charges
-€389
Financial income
-€14,555
Financial charges
-€2,914
Taxes
-€74,254
Result 2025
€289,089
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€390,548
Investment
-€114,625
Financing
-€253,410
Cash 2024
€123,415
From operations (derived)
+€390,548
Net result for the year
+€289,089
Depreciation
+€23,004
Receivables within one year
-€124,000
Deferred charges and accrued income
-€3,388
Smaller working-capital items
-€17
Tax, wage and social debts
+€21,737
Other debts
+€184,124
Investment (derived)
-€114,625
Investment in fixed assets (net)
-€114,625
Financing
-€253,410
Debts after one year
+€23,542
Current portion of long-term debt
+€12,137
Contributions, distributions and other
-€289,089
Cash 2025
€145,928
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €372,855 | €614,377 | +€241,523 | +64.8% |
| Fixed assets | 21/28 | €165,113 | €256,735 | +€91,622 | +55.5% |
| Tangible fixed assets | 22/27 | €162,613 | €254,235 | +€91,622 | +56.3% |
| Land and buildings | 22 | €116,026 | €125,691 | +€9,665 | +8.3% |
| Plant, machinery and equipment | 23 | €9,327 | €7,212 | -€2,115 | -22.7% |
| Furniture and vehicles | 24 | €37,261 | €121,332 | +€84,071 | +226% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €207,742 | €357,643 | +€149,901 | +72.2% |
| Amounts receivable within one year | 40/41 | €83,532 | €207,532 | +€124,000 | +148% |
| Other amounts receivable | 41 | €83,532 | €207,532 | +€124,000 | +148% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €123,415 | €145,928 | +€22,513 | +18.2% |
| Deferred charges and accrued income | 490/1 | €794 | €4,182 | +€3,388 | +427% |
| Total equity and liabilities | 10/49 | €372,855 | €614,377 | +€241,523 | +64.8% |
| Equity | 10/15 | €10,000 | €10,000 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €362,855 | €604,377 | +€241,523 | +66.6% |
| Amounts payable after more than one year | 17 | €167,716 | €191,258 | +€23,542 | +14.0% |
| Financial debts | 170/4 | €167,716 | €191,258 | +€23,542 | +14.0% |
| Amounts payable within one year | 42/48 | €194,880 | €412,901 | +€218,020 | +112% |
| Current portion of amounts payable after more than one year | 42 | €53,552 | €65,689 | +€12,137 | +22.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,159 | €5,182 | +€23 | +0.4% |
| Suppliers | 440/4 | €5,159 | €5,182 | +€23 | +0.4% |
| Taxes, remuneration and social security | 45 | €0 | €21,737 | +€21,737 | |
| Taxes | 450/3 | €0 | €21,737 | +€21,737 | |
| Other amounts payable | 47/48 | €136,170 | €320,293 | +€184,124 | +135% |
| Accrued charges and deferred income | 492/3 | €258 | €218 | -€40 | -15.5% |
| Non-recurring operating income | 76A | €66,639 | €5,775 | -€60,864 | -91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,450 | €23,004 | -€5,447 | -19.1% |
| Other operating charges | 640/8 | €1,137 | €1,526 | +€389 | +34.3% |
| Gross operating margin | 9900 | €170,350 | €411,295 | +€240,945 | +141% |
| Operating profit (loss) | 9901 | €140,763 | €386,765 | +€246,002 | +175% |
| Financial income | 75/76B | €14,768 | €214 | -€14,555 | -98.6% |
| Recurring financial income | 75 | €14,768 | €214 | -€14,555 | -98.6% |
| Financial charges | 65/66B | €3,175 | €6,089 | +€2,914 | +91.8% |
| Recurring financial charges | 65 | €3,175 | €6,089 | +€2,914 | +91.8% |
| Profit (loss) for the period before taxes | 9903 | €152,356 | €380,890 | +€228,533 | +150% |
| Income taxes | 67/77 | €17,547 | €91,801 | +€74,254 | +423% |
| Profit (loss) for the period | 9904 | €134,810 | €289,089 | +€154,279 | +114% |
| Profit (loss) for the period to be appropriated | 9905 | €134,810 | €289,089 | +€154,279 | +114% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.