KENSON: 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.
KENSON
Largest movements
- Receivables within one year +€14,553
up €14,553 (+40.7%), from €35,726 to €50,279
of which Other amounts receivable: +€13,149
- Tangible fixed assets -€2,330
down €2,330 (-2.8%), from €84,554 to €82,224
- Profit (loss) carried forward +€8,039
up €8,039 (+15.6%), from -€51,519 to -€43,480
- Other debts +€3,827
up €3,827 (+4.2%), from €91,469 to €95,296
- Trade debts +€3,822
up €3,822 (+154.1%), from €2,479 to €6,301
- Reserves -€3,581
down €3,581 (-22.4%), from €15,982 to €12,400
of which Distributable reserves: -€3,581
- Gross operating margin +€1,634
up €1,634 (+22.7%), from €7,197 to €8,831
- Financial income +€946
up €946 (+103.5%), from €914 to €1,860
- Depreciation -€936
down €936 (-28.7%), from €3,265 to €2,330
- Financial charges +€182
up €182 (+10.3%), from €1,765 to €1,946
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €122,175 | €134,384 | +€12,209 | +10.0% |
| Fixed assets | 21/28 | €86,014 | €83,684 | -€2,330 | -2.7% |
| Tangible fixed assets | 22/27 | €84,554 | €82,224 | -€2,330 | -2.8% |
| Land and buildings | 22 | €84,554 | €82,224 | -€2,330 | -2.8% |
| Financial fixed assets | 28 | €1,461 | €1,461 | = | 0.0% |
| Current assets | 29/58 | €36,161 | €50,700 | +€14,539 | +40.2% |
| Amounts receivable within one year | 40/41 | €35,726 | €50,279 | +€14,553 | +40.7% |
| Trade receivables | 40 | €13,149 | €14,553 | +€1,404 | +10.7% |
| Other amounts receivable | 41 | €22,577 | €35,726 | +€13,149 | +58.2% |
| Cash at bank and in hand | 54/58 | €31 | - | -€31 | |
| Deferred charges and accrued income | 490/1 | €404 | €421 | +€17 | +4.2% |
| Total equity and liabilities | 10/49 | €122,175 | €134,384 | +€12,209 | +10.0% |
| Equity | 10/15 | €26,462 | €30,920 | +€4,458 | +16.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €15,982 | €12,400 | -€3,581 | -22.4% |
| Tax-exempt reserves | 132 | €12,400 | €12,400 | = | 0.0% |
| Distributable reserves | 133 | €3,581 | - | -€3,581 | |
| Profit (loss) carried forward | 14 | -€51,519 | -€43,480 | +€8,039 | +15.6% |
| Amounts payable | 17/49 | €95,713 | €103,464 | +€7,751 | +8.1% |
| Amounts payable within one year | 42/48 | €93,948 | €101,596 | +€7,648 | +8.1% |
| Trade debts | 44 | €2,479 | €6,301 | +€3,822 | +154.1% |
| Suppliers | 440/4 | €2,479 | €6,301 | +€3,822 | +154.1% |
| Other amounts payable | 47/48 | €91,469 | €95,296 | +€3,827 | +4.2% |
| Accrued charges and deferred income | 492/3 | €1,765 | €1,868 | +€103 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,265 | €2,330 | -€936 | -28.7% |
| Other operating charges | 640/8 | €1,883 | €1,956 | +€73 | +3.9% |
| Gross operating margin | 9900 | €7,197 | €8,831 | +€1,634 | +22.7% |
| Operating profit (loss) | 9901 | €2,049 | €4,545 | +€2,496 | +121.8% |
| Financial income | 75/76B | €914 | €1,860 | +€946 | +103.5% |
| Recurring financial income | 75 | €914 | €1,860 | +€946 | +103.5% |
| Financial charges | 65/66B | €1,765 | €1,946 | +€182 | +10.3% |
| Recurring financial charges | 65 | €1,765 | €1,946 | +€182 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €1,198 | €4,458 | +€3,260 | +272.1% |
| Profit (loss) for the period | 9904 | €1,198 | €4,458 | +€3,260 | +272.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,198 | €4,458 | +€3,260 | +272.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.