KENT BELGIUM: what changed
KENT BELGIUM
Largest movements
- Receivables within one year -€114,179
down €114,179 (-94.3%), from €121,079 to €6,900
- Stocks and contracts -€38,550
no longer reported in 2025 (was €38,550)
- Cash -€8,551
down €8,551 (-90.7%), from €9,422 to €872
mainly Trade debts (-€159,816) and Net result for the year (-€7,876)
- Tangible fixed assets -€1,766
down €1,766 (-38.5%), from €4,584 to €2,817
- Trade debts -€159,816
down €159,816 (-99.9%), from €160,017 to €201
- Profit (loss) carried forward -€7,876
down €7,876 (-155%), from -€5,085 to -€12,960
- Other debts +€5,153
up €5,153 (+5,033%), from €102 to €5,256
- Gross operating margin -€1,734
down €1,734 (-41.0%), from -€4,231 to -€5,966
- Depreciation +€1,050
up €1,050 (+147%), from €716 to €1,766
- Other operating charges +€70
new in 2025: €70
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €173,635 | €10,740 | -€162,895 | -93.8% |
| Fixed assets | 21/28 | €4,584 | €2,968 | -€1,615 | -35.2% |
| Tangible fixed assets | 22/27 | €4,584 | €2,817 | -€1,766 | -38.5% |
| Furniture and vehicles | 24 | €4,584 | €2,817 | -€1,766 | -38.5% |
| Financial fixed assets | 28 | - | €151 | +€151 | |
| Current assets | 29/58 | €169,051 | €7,772 | -€161,280 | -95.4% |
| Stocks and contracts in progress | 3 | €38,550 | - | -€38,550 | |
| Stocks | 30/36 | €38,550 | - | -€38,550 | |
| Amounts receivable within one year | 40/41 | €121,079 | €6,900 | -€114,179 | -94.3% |
| Trade receivables | 40 | €121,079 | €6,900 | -€114,179 | -94.3% |
| Cash at bank and in hand | 54/58 | €9,422 | €872 | -€8,551 | -90.7% |
| Total equity and liabilities | 10/49 | €173,635 | €10,740 | -€162,895 | -93.8% |
| Equity | 10/15 | €13,001 | €5,125 | -€7,876 | -60.6% |
| Contributions | 10/11 | €18,085 | €18,085 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,085 | -€12,960 | -€7,876 | -155% |
| Amounts payable | 17/49 | €160,635 | €5,615 | -€155,020 | -96.5% |
| Amounts payable within one year | 42/48 | €160,635 | €5,615 | -€155,020 | -96.5% |
| Trade debts | 44 | €160,017 | €201 | -€159,816 | -99.9% |
| Suppliers | 440/4 | €160,017 | €201 | -€159,816 | -99.9% |
| Taxes, remuneration and social security | 45 | €515 | €158 | -€357 | -69.3% |
| Taxes | 450/3 | €515 | €158 | -€357 | -69.3% |
| Other amounts payable | 47/48 | €102 | €5,256 | +€5,153 | +5,033% |
| Non-recurring operating income | 76A | - | €90 | +€90 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €716 | €1,766 | +€1,050 | +147% |
| Other operating charges | 640/8 | - | €70 | +€70 | |
| Gross operating margin | 9900 | -€4,231 | -€5,966 | -€1,734 | -41.0% |
| Operating profit (loss) | 9901 | -€4,948 | -€7,802 | -€2,854 | -57.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €83 | €74 | -€9 | -11.2% |
| Recurring financial charges | 65 | €83 | €74 | -€9 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,031 | -€7,876 | -€2,845 | -56.6% |
| Income taxes | 67/77 | €54 | - | -€54 | |
| Profit (loss) for the period | 9904 | -€5,085 | -€7,876 | -€2,791 | -54.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,085 | -€7,876 | -€2,791 | -54.9% |
Next steps
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.