Kenveld: 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.
Kenveld
Largest movements
- Cash +€52,649
up €52,649 (+173.4%), from €30,355 to €83,004
mainly Receivables within one year (+€23,496) and Net result for the year (+€20,419)
- Receivables within one year -€23,496
down €23,496 (-33.3%), from €70,516 to €47,020
of which Trade receivables: -€32,121
- Profit (loss) carried forward +€20,419
up €20,419 (+25.4%), from €80,310 to €100,729
- Tax, wage and social debts +€7,372
up €7,372 (+36.4%), from €20,263 to €27,635
- Trade debts +€1,362
up €1,362 (+687.9%), from €198 to €1,560
- Gross operating margin -€73,112
down €73,112 (-72.8%), from €100,490 to €27,378
- Taxes -€12,722
down €12,722 (-63.0%), from €20,178 to €7,456
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 | €100,871 | €130,024 | +€29,153 | +28.9% |
| Current assets | 29/58 | €100,871 | €130,024 | +€29,153 | +28.9% |
| Amounts receivable within one year | 40/41 | €70,516 | €47,020 | -€23,496 | -33.3% |
| Trade receivables | 40 | €62,007 | €29,886 | -€32,121 | -51.8% |
| Other amounts receivable | 41 | €8,509 | €17,134 | +€8,625 | +101.4% |
| Cash at bank and in hand | 54/58 | €30,355 | €83,004 | +€52,649 | +173.4% |
| Total equity and liabilities | 10/49 | €100,871 | €130,024 | +€29,153 | +28.9% |
| Equity | 10/15 | €80,410 | €100,829 | +€20,419 | +25.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,310 | €100,729 | +€20,419 | +25.4% |
| Amounts payable | 17/49 | €20,461 | €29,195 | +€8,734 | +42.7% |
| Amounts payable within one year | 42/48 | €20,461 | €29,195 | +€8,734 | +42.7% |
| Trade debts | 44 | €198 | €1,560 | +€1,362 | +687.9% |
| Suppliers | 440/4 | €198 | €1,560 | +€1,362 | +687.9% |
| Taxes, remuneration and social security | 45 | €20,263 | €27,635 | +€7,372 | +36.4% |
| Taxes | 450/3 | €20,263 | €27,635 | +€7,372 | +36.4% |
| Gross operating margin | 9900 | €100,490 | €27,378 | -€73,112 | -72.8% |
| Operating profit (loss) | 9901 | €100,490 | €27,378 | -€73,112 | -72.8% |
| Financial income | 75/76B | €198 | €763 | +€565 | +285.4% |
| Recurring financial income | 75 | €198 | €763 | +€565 | +285.4% |
| Financial charges | 65/66B | €200 | €266 | +€66 | +33.0% |
| Recurring financial charges | 65 | €200 | €266 | +€66 | +33.0% |
| Profit (loss) for the period before taxes | 9903 | €100,488 | €27,875 | -€72,613 | -72.3% |
| Income taxes | 67/77 | €20,178 | €7,456 | -€12,722 | -63.0% |
| Profit (loss) for the period | 9904 | €80,310 | €20,419 | -€59,891 | -74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €80,310 | €20,419 | -€59,891 | -74.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.