KENTA: 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.
KENTA
Largest movements
- Tangible fixed assets +€29,125
up €29,125 (+220.0%), from €13,239 to €42,364
- Receivables within one year +€25,486
up €25,486 (+23.7%), from €107,744 to €133,230
of which Other amounts receivable: +€25,067
- Receivables after one year -€8,000
down €8,000 (-53.3%), from €15,000 to €7,000
- Cash +€6,446
up €6,446 (+1027.2%), from €628 to €7,073
mainly Net result for the year (+€25,818) and Debts after one year (+€24,000)
- Deferred charges and accrued income +€2,109
up €2,109 (+49.1%), from €4,297 to €6,405
- Reserves +€25,818
up €25,818 (+22.4%), from €115,232 to €141,050
- Debts after one year +€24,000
new in 2025: €24,000
- Current portion of long-term debt +€4,425
up €4,425 (+280.9%), from €1,575 to €6,000
- Gross operating margin +€6,277
up €6,277 (+16.7%), from €37,517 to €43,793
- Taxes +€1,760
up €1,760 (+14.2%), from €12,414 to €14,174
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 | €140,908 | €196,073 | +€55,165 | +39.2% |
| Fixed assets | 21/28 | €13,239 | €42,364 | +€29,125 | +220.0% |
| Tangible fixed assets | 22/27 | €13,239 | €42,364 | +€29,125 | +220.0% |
| Furniture and vehicles | 24 | €13,239 | €42,364 | +€29,125 | +220.0% |
| Current assets | 29/58 | €127,668 | €153,709 | +€26,041 | +20.4% |
| Amounts receivable after more than one year | 29 | €15,000 | €7,000 | -€8,000 | -53.3% |
| Other amounts receivable | 291 | €15,000 | €7,000 | -€8,000 | -53.3% |
| Amounts receivable within one year | 40/41 | €107,744 | €133,230 | +€25,486 | +23.7% |
| Trade receivables | 40 | €9,515 | €9,934 | +€419 | +4.4% |
| Other amounts receivable | 41 | €98,229 | €123,297 | +€25,067 | +25.5% |
| Cash at bank and in hand | 54/58 | €628 | €7,073 | +€6,446 | +1027.2% |
| Deferred charges and accrued income | 490/1 | €4,297 | €6,405 | +€2,109 | +49.1% |
| Total equity and liabilities | 10/49 | €140,908 | €196,073 | +€55,165 | +39.2% |
| Equity | 10/15 | €116,655 | €142,473 | +€25,818 | +22.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €115,232 | €141,050 | +€25,818 | +22.4% |
| Distributable reserves | 133 | €115,232 | €141,050 | +€25,818 | +22.4% |
| Profit (loss) carried forward | 14 | -€4,777 | -€4,777 | = | 0.0% |
| Amounts payable | 17/49 | €24,253 | €53,600 | +€29,347 | +121.0% |
| Amounts payable after more than one year | 17 | - | €24,000 | +€24,000 | |
| Financial debts | 170/4 | - | €24,000 | +€24,000 | |
| Amounts payable within one year | 42/48 | €24,127 | €29,600 | +€5,473 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €1,575 | €6,000 | +€4,425 | +280.9% |
| Trade debts | 44 | €457 | €1,184 | +€727 | +159.0% |
| Suppliers | 440/4 | €457 | €1,184 | +€727 | +159.0% |
| Taxes, remuneration and social security | 45 | €22,094 | €22,417 | +€322 | +1.5% |
| Taxes | 450/3 | €22,094 | €22,417 | +€322 | +1.5% |
| Accrued charges and deferred income | 492/3 | €126 | - | -€126 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,520 | €2,747 | +€227 | +9.0% |
| Other operating charges | 640/8 | €1,212 | €1,318 | +€106 | +8.8% |
| Gross operating margin | 9900 | €37,517 | €43,793 | +€6,277 | +16.7% |
| Operating profit (loss) | 9901 | €33,785 | €39,728 | +€5,944 | +17.6% |
| Financial income | 75/76B | €759 | €589 | -€170 | -22.4% |
| Recurring financial income | 75 | €759 | €589 | -€170 | -22.4% |
| Financial charges | 65/66B | €741 | €324 | -€416 | -56.2% |
| Recurring financial charges | 65 | €741 | €324 | -€416 | -56.2% |
| Profit (loss) for the period before taxes | 9903 | €33,802 | €39,993 | +€6,190 | +18.3% |
| Income taxes | 67/77 | €12,414 | €14,174 | +€1,760 | +14.2% |
| Profit (loss) for the period | 9904 | €21,388 | €25,818 | +€4,430 | +20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,388 | €25,818 | +€4,430 | +20.7% |
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.