KenS Services: 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.
KenS Services
Largest movements
- Cash -€43,638
down €43,638 (-37.1%), from €117,638 to €74,000
mainly Contributions, distributions and other (-€30,000) and Investment in fixed assets (net) (-€26,890)
- Stocks and contracts +€26,494
up €26,494 (+15.8%), from €168,035 to €194,529
- Receivables within one year -€13,677
down €13,677 (-44.7%), from €30,564 to €16,887
of which Trade receivables: -€10,664
- Tax, wage and social debts -€15,500
down €15,500 (-79.5%), from €19,500 to €4,000
- Debts after one year -€7,384
no longer reported in 2025 (was €7,384)
- Current portion of long-term debt -€5,171
down €5,171 (-41.2%), from €12,556 to €7,384
- Other debts -€4,285
down €4,285 (-12.1%), from €35,365 to €31,080
- Gross operating margin -€31,575
down €31,575 (-32.9%), from €96,066 to €64,491
- Taxes -€15,264
down €15,264 (-78.2%), from €19,514 to €4,250
- Other operating charges +€1,599
up €1,599 (+122.5%), from €1,306 to €2,905
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 | €378,181 | €347,632 | -€30,550 | -8.1% |
| Fixed assets | 21/28 | €61,222 | €62,216 | +€993 | +1.6% |
| Tangible fixed assets | 22/27 | €61,222 | €62,216 | +€993 | +1.6% |
| Plant, machinery and equipment | 23 | €17,638 | €12,815 | -€4,823 | -27.3% |
| Furniture and vehicles | 24 | €43,406 | €49,401 | +€5,995 | +13.8% |
| Other tangible fixed assets | 26 | €179 | - | -€179 | |
| Current assets | 29/58 | €316,959 | €285,416 | -€31,543 | -10.0% |
| Stocks and contracts in progress | 3 | €168,035 | €194,529 | +€26,494 | +15.8% |
| Stocks | 30/36 | €168,035 | €194,529 | +€26,494 | +15.8% |
| Amounts receivable within one year | 40/41 | €30,564 | €16,887 | -€13,677 | -44.7% |
| Trade receivables | 40 | €20,889 | €10,225 | -€10,664 | -51.1% |
| Other amounts receivable | 41 | €9,675 | €6,663 | -€3,012 | -31.1% |
| Cash at bank and in hand | 54/58 | €117,638 | €74,000 | -€43,638 | -37.1% |
| Deferred charges and accrued income | 490/1 | €723 | - | -€723 | |
| Total equity and liabilities | 10/49 | €378,181 | €347,632 | -€30,550 | -8.1% |
| Equity | 10/15 | €301,786 | €302,609 | +€823 | +0.3% |
| Contributions | 10/11 | €18,602 | €18,602 | = | 0.0% |
| Reserves | 13 | €283,184 | €284,007 | +€823 | +0.3% |
| Distributable reserves | 133 | €283,184 | €284,007 | +€823 | +0.3% |
| Amounts payable | 17/49 | €76,395 | €45,023 | -€31,372 | -41.1% |
| Amounts payable after more than one year | 17 | €7,384 | - | -€7,384 | |
| Financial debts | 170/4 | €7,384 | - | -€7,384 | |
| Amounts payable within one year | 42/48 | €69,011 | €44,863 | -€24,148 | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €12,556 | €7,384 | -€5,171 | -41.2% |
| Trade debts | 44 | €1,590 | €2,398 | +€808 | +50.8% |
| Suppliers | 440/4 | €1,590 | €2,398 | +€808 | +50.8% |
| Taxes, remuneration and social security | 45 | €19,500 | €4,000 | -€15,500 | -79.5% |
| Taxes | 450/3 | €19,500 | €4,000 | -€15,500 | -79.5% |
| Other amounts payable | 47/48 | €35,365 | €31,080 | -€4,285 | -12.1% |
| Accrued charges and deferred income | 492/3 | - | €160 | +€160 | |
| Non-recurring operating income | 76A | - | €6,672 | +€6,672 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,789 | €25,897 | +€108 | +0.4% |
| Other operating charges | 640/8 | €1,306 | €2,905 | +€1,599 | +122.5% |
| Gross operating margin | 9900 | €96,066 | €64,491 | -€31,575 | -32.9% |
| Operating profit (loss) | 9901 | €68,971 | €35,689 | -€33,282 | -48.3% |
| Financial income | 75/76B | €361 | €30 | -€331 | -91.7% |
| Recurring financial income | 75 | €361 | €30 | -€331 | -91.7% |
| Financial charges | 65/66B | €1,189 | €646 | -€543 | -45.7% |
| Recurring financial charges | 65 | €1,189 | €646 | -€543 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | €68,143 | €35,073 | -€33,070 | -48.5% |
| Income taxes | 67/77 | €19,514 | €4,250 | -€15,264 | -78.2% |
| Profit (loss) for the period | 9904 | €48,629 | €30,823 | -€17,806 | -36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €48,629 | €30,823 | -€17,806 | -36.6% |
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 6 October 2026 via checked.be.