Kenpachi: 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.
Kenpachi
Largest movements
- Receivables within one year +€110,537
up €110,537 (+837%), from €13,209 to €123,746
of which Other amounts receivable: +€92,467
- Receivables after one year +€51,500
new in 2025: €51,500
- Cash +€39,097
up €39,097 (+1,321%), from €2,960 to €42,057
mainly Net result for the year (+€249,602) and Other debts (+€189,930)
- Deferred charges and accrued income +€12,181
new in 2025: €12,181
- Other debts +€189,930
up €189,930 (+4,658%), from €4,077 to €194,007
- Debts after one year -€59,087
no longer reported in 2025 (was €59,087)
- Tax, wage and social debts +€39,368
new in 2025: €39,368
- Profit (loss) carried forward +€22,535
no longer reported in 2025 (was -€22,535)
- Accrued charges and deferred income +€17,114
new in 2025: €17,114
- Financial income +€242,484
new in 2025: €242,484
- Gross operating margin +€19,414
up €19,414, from -€7,689 to €11,726
- Financial charges -€563
down €563 (-40.9%), from €1,376 to €814
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 | €44,587 | €257,256 | +€212,669 | +477% |
| Fixed assets | 21/28 | €28,418 | €27,772 | -€646 | -2.3% |
| Tangible fixed assets | 22/27 | €27,418 | €26,272 | -€1,146 | -4.2% |
| Land and buildings | 22 | €27,418 | €25,288 | -€2,130 | -7.8% |
| Furniture and vehicles | 24 | - | €984 | +€984 | |
| Financial fixed assets | 28 | €1,000 | €1,500 | +€500 | +50.0% |
| Current assets | 29/58 | €16,169 | €229,484 | +€213,315 | +1,319% |
| Amounts receivable after more than one year | 29 | - | €51,500 | +€51,500 | |
| Other amounts receivable | 291 | - | €51,500 | +€51,500 | |
| Amounts receivable within one year | 40/41 | €13,209 | €123,746 | +€110,537 | +837% |
| Trade receivables | 40 | €3,255 | €21,325 | +€18,070 | +555% |
| Other amounts receivable | 41 | €9,954 | €102,421 | +€92,467 | +929% |
| Cash at bank and in hand | 54/58 | €2,960 | €42,057 | +€39,097 | +1,321% |
| Deferred charges and accrued income | 490/1 | - | €12,181 | +€12,181 | |
| Total equity and liabilities | 10/49 | €44,587 | €257,256 | +€212,669 | +477% |
| Equity | 10/15 | -€19,535 | €3,000 | +€22,535 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,535 | - | +€22,535 | |
| Amounts payable | 17/49 | €64,122 | €254,256 | +€190,133 | +297% |
| Amounts payable after more than one year | 17 | €59,087 | - | -€59,087 | |
| Financial debts | 170/4 | €59,087 | - | -€59,087 | |
| Amounts payable within one year | 42/48 | €5,036 | €237,142 | +€232,106 | +4,609% |
| Trade debts | 44 | €958 | €3,767 | +€2,809 | +293% |
| Suppliers | 440/4 | €958 | €3,767 | +€2,809 | +293% |
| Taxes, remuneration and social security | 45 | - | €39,368 | +€39,368 | |
| Taxes | 450/3 | - | €39,368 | +€39,368 | |
| Other amounts payable | 47/48 | €4,077 | €194,007 | +€189,930 | +4,658% |
| Accrued charges and deferred income | 492/3 | - | €17,114 | +€17,114 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,291 | €3,393 | +€103 | +3.1% |
| Other operating charges | 640/8 | €396 | €400 | +€4 | +1.0% |
| Gross operating margin | 9900 | -€7,689 | €11,726 | +€19,414 | |
| Operating profit (loss) | 9901 | -€11,375 | €7,933 | +€19,308 | |
| Financial income | 75/76B | - | €242,484 | +€242,484 | |
| Recurring financial income | 75 | - | €242,484 | +€242,484 | |
| Financial charges | 65/66B | €1,376 | €814 | -€563 | -40.9% |
| Recurring financial charges | 65 | €1,376 | €814 | -€563 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,751 | €249,602 | +€262,354 | |
| Profit (loss) for the period | 9904 | -€12,751 | €249,602 | +€262,354 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,751 | €249,602 | +€262,354 |
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 24 October 2026 via checked.be.