Kenter Belgium: 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.
Kenter Belgium
Largest movements
- Receivables within one year +€496,935
up €496,935 (+336%), from €148,051 to €644,987
of which Other amounts receivable: +€406,862
- Stocks and contracts +€200,000
new in 2023: €200,000
- Cash +€125,250
new in 2023: €125,250
mainly Contributions, distributions and other (+€800,000) and Tax, wage and social debts (+€427,351)
- Receivables after one year -€76,328
down €76,328 (-7.0%), from €1.1m to €1.0m
of which Other amounts receivable: -€76,328
- Contributions +€800,000
up €800,000 (+3,200%), from €25,000 to €825,000
- Profit (loss) carried forward -€510,378
down €510,378 (-67.9%), from -€751,261 to -€1.3m
- Tax, wage and social debts +€427,351
up €427,351 (+842%), from €50,766 to €478,118
of which Taxes: +€425,395
- Other debts +€32,864
up €32,864 (+1.7%), from €1.9m to €1.9m
- Staff costs +€146,197
up €146,197 (+189%), from €77,180 to €223,377
- Gross operating margin +€58,525
up €58,525 (+13.4%), from -€435,410 to -€376,886
- Financial income -€6,687
down €6,687 (-6.8%), from €98,454 to €91,767
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,232,767 | €1,978,624 | +€745,857 | +60.5% |
| Current assets | 29/58 | €1,232,767 | €1,978,624 | +€745,857 | +60.5% |
| Amounts receivable after more than one year | 29 | €1,084,716 | €1,008,388 | -€76,328 | -7.0% |
| Trade receivables | 290 | €2,250 | €2,250 | = | 0.0% |
| Other amounts receivable | 291 | €1,082,466 | €1,006,138 | -€76,328 | -7.1% |
| Stocks and contracts in progress | 3 | - | €200,000 | +€200,000 | |
| Stocks | 30/36 | - | €200,000 | +€200,000 | |
| Amounts receivable within one year | 40/41 | €148,051 | €644,987 | +€496,935 | +336% |
| Trade receivables | 40 | €148,051 | €238,125 | +€90,073 | +60.8% |
| Other amounts receivable | 41 | - | €406,862 | +€406,862 | |
| Cash at bank and in hand | 54/58 | - | €125,250 | +€125,250 | |
| Total equity and liabilities | 10/49 | €1,232,767 | €1,978,624 | +€745,857 | +60.5% |
| Equity | 10/15 | -€726,261 | -€436,640 | +€289,622 | +39.9% |
| Contributions | 10/11 | €25,000 | €825,000 | +€800,000 | +3,200% |
| Profit (loss) carried forward | 14 | -€751,261 | -€1,261,640 | -€510,378 | -67.9% |
| Amounts payable | 17/49 | €1,959,029 | €2,415,264 | +€456,236 | +23.3% |
| Amounts payable within one year | 42/48 | €1,959,029 | €2,415,264 | +€456,236 | +23.3% |
| Trade debts | 44 | €3,980 | €0 | -€3,980 | -100% |
| Suppliers | 440/4 | €3,980 | €0 | -€3,980 | -100% |
| Taxes, remuneration and social security | 45 | €50,766 | €478,118 | +€427,351 | +842% |
| Taxes | 450/3 | €20,930 | €446,324 | +€425,395 | +2,033% |
| Remuneration and social security | 454/9 | €29,837 | €31,794 | +€1,957 | +6.6% |
| Other amounts payable | 47/48 | €1,904,282 | €1,937,146 | +€32,864 | +1.7% |
| Remuneration, social security and pensions | 62 | €77,180 | €223,377 | +€146,197 | +189% |
| Other operating charges | 640/8 | €604 | €0 | -€604 | -100% |
| Gross operating margin | 9900 | -€435,410 | -€376,886 | +€58,525 | +13.4% |
| Operating profit (loss) | 9901 | -€513,194 | -€600,262 | -€87,068 | -17.0% |
| Financial income | 75/76B | €98,454 | €91,767 | -€6,687 | -6.8% |
| Recurring financial income | 75 | €98,454 | €91,767 | -€6,687 | -6.8% |
| Financial charges | 65/66B | €1,185 | €1,294 | +€109 | +9.2% |
| Recurring financial charges | 65 | €1,185 | €1,294 | +€109 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | -€415,925 | -€509,789 | -€93,864 | -22.6% |
| Income taxes | 67/77 | €93 | €589 | +€496 | +532% |
| Profit (loss) for the period | 9904 | -€416,018 | -€510,378 | -€94,360 | -22.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€416,018 | -€510,378 | -€94,360 | -22.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.