KERNIX.be: 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.
KERNIX.be
Largest movements
- Cash +€24,336
up €24,336 (+60.7%), from €40,080 to €64,416
mainly Net result for the year (+€48,448) and Current investments (+€11,213)
- Current investments -€11,213
down €11,213 (-100%), from €11,213 to €0
- Receivables within one year +€6,168
up €6,168 (+11.1%), from €55,815 to €61,983
of which Other amounts receivable: +€6,968
- Tangible fixed assets -€6,117
down €6,117 (-3.8%), from €162,903 to €156,786
of which Land and buildings: -€6,070
- Reserves +€14,925
up €14,925 (+6.6%), from €227,618 to €242,543
- Current portion of long-term debt -€4,030
down €4,030 (-100%), from €4,030 to €0
- Other debts +€2,998
up €2,998 (+14.4%), from €20,882 to €23,880
- Gross operating margin +€16,222
up €16,222 (+25.9%), from €62,737 to €78,958
- Taxes +€3,928
up €3,928 (+25.7%), from €15,291 to €19,219
- Depreciation +€1,443
up €1,443 (+18.6%), from €7,736 to €9,179
- Other operating charges -€1,284
down €1,284 (-41.3%), from €3,105 to €1,821
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 | €273,554 | €286,382 | +€12,828 | +4.7% |
| Fixed assets | 21/28 | €162,903 | €156,786 | -€6,117 | -3.8% |
| Tangible fixed assets | 22/27 | €162,903 | €156,786 | -€6,117 | -3.8% |
| Land and buildings | 22 | €155,104 | €149,034 | -€6,070 | -3.9% |
| Plant, machinery and equipment | 23 | €1,574 | €2,983 | +€1,409 | +89.5% |
| Furniture and vehicles | 24 | €6,226 | €4,198 | -€2,028 | -32.6% |
| Assets under construction and advance payments | 27 | - | €572 | +€572 | |
| Current assets | 29/58 | €110,651 | €129,596 | +€18,945 | +17.1% |
| Amounts receivable within one year | 40/41 | €55,815 | €61,983 | +€6,168 | +11.1% |
| Trade receivables | 40 | €47,938 | €47,138 | -€800 | -1.7% |
| Other amounts receivable | 41 | €7,877 | €14,845 | +€6,968 | +88.5% |
| Current investments | 50/53 | €11,213 | €0 | -€11,213 | -100% |
| Cash at bank and in hand | 54/58 | €40,080 | €64,416 | +€24,336 | +60.7% |
| Deferred charges and accrued income | 490/1 | €3,543 | €3,197 | -€346 | -9.8% |
| Total equity and liabilities | 10/49 | €273,554 | €286,382 | +€12,828 | +4.7% |
| Equity | 10/15 | €233,818 | €248,743 | +€14,925 | +6.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €227,618 | €242,543 | +€14,925 | +6.6% |
| Distributable reserves | 133 | €227,618 | €242,543 | +€14,925 | +6.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €39,737 | €37,639 | -€2,098 | -5.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €39,664 | €37,560 | -€2,104 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €4,030 | €0 | -€4,030 | -100% |
| Trade debts | 44 | €563 | €999 | +€436 | +77.3% |
| Suppliers | 440/4 | €563 | €999 | +€436 | +77.3% |
| Taxes, remuneration and social security | 45 | €14,189 | €12,681 | -€1,508 | -10.6% |
| Taxes | 450/3 | €14,189 | €12,681 | -€1,508 | -10.6% |
| Other amounts payable | 47/48 | €20,882 | €23,880 | +€2,998 | +14.4% |
| Accrued charges and deferred income | 492/3 | €73 | €78 | +€6 | +8.0% |
| Non-recurring operating income | 76A | - | €1,310 | +€1,310 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,736 | €9,179 | +€1,443 | +18.6% |
| Other operating charges | 640/8 | €3,105 | €1,821 | -€1,284 | -41.3% |
| Non-recurring operating charges | 66A | - | €225 | +€225 | |
| Gross operating margin | 9900 | €62,737 | €78,958 | +€16,222 | +25.9% |
| Operating profit (loss) | 9901 | €51,895 | €67,733 | +€15,838 | +30.5% |
| Financial income | 75/76B | €822 | €143 | -€679 | -82.6% |
| Recurring financial income | 75 | €822 | €143 | -€679 | -82.6% |
| Financial charges | 65/66B | €814 | €209 | -€606 | -74.4% |
| Recurring financial charges | 65 | €814 | €209 | -€606 | -74.4% |
| Profit (loss) for the period before taxes | 9903 | €51,903 | €67,668 | +€15,765 | +30.4% |
| Income taxes | 67/77 | €15,291 | €19,219 | +€3,928 | +25.7% |
| Profit (loss) for the period | 9904 | €36,611 | €48,448 | +€11,837 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,611 | €48,448 | +€11,837 | +32.3% |
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 13 October 2026 via checked.be.