KENTO: 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.
KENTO
Largest movements
- Tangible fixed assets -€20,538
down €20,538 (-19.1%), from €107,756 to €87,218
of which Plant, machinery and equipment: -€18,321
- Cash +€15,838
up €15,838 (+14.6%), from €108,798 to €124,636
mainly Net result for the year (+€39,413) and Depreciation (+€20,538)
- Receivables within one year -€4,112
down €4,112 (-5.7%), from €72,505 to €68,393
of which Other amounts receivable: -€6,762
- Current portion of long-term debt -€10,100
down €10,100 (-39.6%), from €25,531 to €15,431
- Debts after one year -€9,431
no longer reported in 2025 (was €9,431)
- Reserves +€7,413
up €7,413 (+3.9%), from €192,424 to €199,837
- Gross operating margin -€40,248
down €40,248 (-33.5%), from €120,199 to €79,951
- Depreciation -€21,377
down €21,377 (-51.0%), from €41,915 to €20,538
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.
Derived cash bridge
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 | €289,059 | €280,247 | -€8,812 | -3.0% |
| Fixed assets | 21/28 | €107,756 | €87,218 | -€20,538 | -19.1% |
| Tangible fixed assets | 22/27 | €107,756 | €87,218 | -€20,538 | -19.1% |
| Land and buildings | 22 | €8,705 | €6,488 | -€2,217 | -25.5% |
| Plant, machinery and equipment | 23 | €99,051 | €80,730 | -€18,321 | -18.5% |
| Current assets | 29/58 | €181,303 | €193,029 | +€11,726 | +6.5% |
| Amounts receivable within one year | 40/41 | €72,505 | €68,393 | -€4,112 | -5.7% |
| Trade receivables | 40 | €65,113 | €67,763 | +€2,650 | +4.1% |
| Other amounts receivable | 41 | €7,392 | €630 | -€6,762 | -91.5% |
| Cash at bank and in hand | 54/58 | €108,798 | €124,636 | +€15,838 | +14.6% |
| Total equity and liabilities | 10/49 | €289,059 | €280,247 | -€8,812 | -3.0% |
| Equity | 10/15 | €202,424 | €209,837 | +€7,413 | +3.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €192,424 | €199,837 | +€7,413 | +3.9% |
| Distributable reserves | 133 | €192,424 | €199,837 | +€7,413 | +3.9% |
| Amounts payable | 17/49 | €86,635 | €70,410 | -€16,225 | -18.7% |
| Amounts payable after more than one year | 17 | €9,431 | - | -€9,431 | |
| Financial debts | 170/4 | €9,431 | - | -€9,431 | |
| Amounts payable within one year | 42/48 | €77,204 | €70,410 | -€6,794 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €25,531 | €15,431 | -€10,100 | -39.6% |
| Trade debts | 44 | - | €1,972 | +€1,972 | |
| Suppliers | 440/4 | - | €1,972 | +€1,972 | |
| Taxes, remuneration and social security | 45 | €20,835 | €19,544 | -€1,291 | -6.2% |
| Taxes | 450/3 | €20,835 | €15,718 | -€5,117 | -24.6% |
| Remuneration and social security | 454/9 | - | €3,826 | +€3,826 | |
| Other amounts payable | 47/48 | €30,838 | €33,463 | +€2,625 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,915 | €20,538 | -€21,377 | -51.0% |
| Gross operating margin | 9900 | €120,199 | €79,951 | -€40,248 | -33.5% |
| Operating profit (loss) | 9901 | €78,284 | €59,413 | -€18,871 | -24.1% |
| Financial income | 75/76B | €19 | - | -€19 | |
| Recurring financial income | 75 | €19 | - | -€19 | |
| Financial charges | 65/66B | €2,686 | €1,833 | -€853 | -31.8% |
| Recurring financial charges | 65 | €2,686 | €1,833 | -€853 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €75,617 | €57,580 | -€18,037 | -23.9% |
| Income taxes | 67/77 | €19,001 | €18,167 | -€834 | -4.4% |
| Profit (loss) for the period | 9904 | €56,616 | €39,413 | -€17,203 | -30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €56,616 | €39,413 | -€17,203 | -30.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.