KERNN HR: what changed
KERNN HR
Largest movements
- Cash +€47,385
up €47,385 (+182%), from €25,984 to €73,369
mainly Other debts (+€64,669) and Net result for the year (+€19,575)
- Receivables after one year -€15,947
down €15,947 (-100%), from €15,947 to €0
- Receivables within one year -€10,704
down €10,704 (-37.8%), from €28,351 to €17,647
of which Other amounts receivable: -€6,767
- Deferred charges and accrued income -€4,949
down €4,949 (-35.3%), from €14,035 to €9,086
- Reserves -€76,152
down €76,152 (-100%), from €76,152 to €0
- Other debts +€64,669
up €64,669 (+6,600%), from €980 to €65,649
- Profit (loss) carried forward +€19,575
new in 2025: €19,575
- Tax, wage and social debts +€8,966
up €8,966 (+125%), from €7,157 to €16,123
- Current portion of long-term debt -€3,711
down €3,711 (-100%), from €3,711 to €0
- Gross operating margin +€15,793
up €15,793 (+93.4%), from €16,902 to €32,695
- Taxes +€3,020
up €3,020 (+92.2%), from €3,275 to €6,295
- Financial charges +€2,399
up €2,399 (+176%), from €1,364 to €3,762
- Other operating charges -€668
down €668 (-59.0%), from €1,132 to €464
- Financial income -€465
down €465 (-100.0%), from €465 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,973 | €118,821 | +€16,849 | +16.5% |
| Fixed assets | 21/28 | €17,656 | €18,720 | +€1,064 | +6.0% |
| Tangible fixed assets | 22/27 | €17,656 | €18,720 | +€1,064 | +6.0% |
| Land and buildings | 22 | €2,362 | €2,943 | +€581 | +24.6% |
| Furniture and vehicles | 24 | €15,295 | €15,777 | +€482 | +3.2% |
| Current assets | 29/58 | €84,316 | €100,101 | +€15,785 | +18.7% |
| Amounts receivable after more than one year | 29 | €15,947 | €0 | -€15,947 | -100% |
| Other amounts receivable | 291 | €15,947 | €0 | -€15,947 | -100% |
| Amounts receivable within one year | 40/41 | €28,351 | €17,647 | -€10,704 | -37.8% |
| Trade receivables | 40 | €18,878 | €14,941 | -€3,937 | -20.9% |
| Other amounts receivable | 41 | €9,473 | €2,706 | -€6,767 | -71.4% |
| Cash at bank and in hand | 54/58 | €25,984 | €73,369 | +€47,385 | +182% |
| Deferred charges and accrued income | 490/1 | €14,035 | €9,086 | -€4,949 | -35.3% |
| Total equity and liabilities | 10/49 | €101,973 | €118,821 | +€16,849 | +16.5% |
| Equity | 10/15 | €78,652 | €22,075 | -€56,577 | -71.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €76,152 | €0 | -€76,152 | -100% |
| Distributable reserves | 133 | €76,152 | €0 | -€76,152 | -100% |
| Profit (loss) carried forward | 14 | - | €19,575 | +€19,575 | |
| Amounts payable | 17/49 | €23,321 | €96,747 | +€73,426 | +315% |
| Amounts payable after more than one year | 17 | €10,645 | €11,243 | +€598 | +5.6% |
| Financial debts | 170/4 | €10,645 | €11,243 | +€598 | +5.6% |
| Amounts payable within one year | 42/48 | €12,676 | €83,145 | +€70,469 | +556% |
| Current portion of amounts payable after more than one year | 42 | €3,711 | €0 | -€3,711 | -100% |
| Trade debts | 44 | €829 | €1,374 | +€545 | +65.7% |
| Suppliers | 440/4 | €829 | €1,374 | +€545 | +65.7% |
| Taxes, remuneration and social security | 45 | €7,157 | €16,123 | +€8,966 | +125% |
| Taxes | 450/3 | €7,157 | €16,123 | +€8,966 | +125% |
| Other amounts payable | 47/48 | €980 | €65,649 | +€64,669 | +6,600% |
| Accrued charges and deferred income | 492/3 | - | €2,359 | +€2,359 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,906 | €2,600 | -€306 | -10.5% |
| Other operating charges | 640/8 | €1,132 | €464 | -€668 | -59.0% |
| Gross operating margin | 9900 | €16,902 | €32,695 | +€15,793 | +93.4% |
| Operating profit (loss) | 9901 | €12,864 | €29,631 | +€16,767 | +130% |
| Financial income | 75/76B | €465 | €0 | -€465 | -100.0% |
| Recurring financial income | 75 | €465 | €0 | -€465 | -100.0% |
| Financial charges | 65/66B | €1,364 | €3,762 | +€2,399 | +176% |
| Recurring financial charges | 65 | €1,364 | €3,762 | +€2,399 | +176% |
| Profit (loss) for the period before taxes | 9903 | €11,965 | €25,869 | +€13,904 | +116% |
| Income taxes | 67/77 | €3,275 | €6,295 | +€3,020 | +92.2% |
| Profit (loss) for the period | 9904 | €8,690 | €19,575 | +€10,884 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €8,690 | €19,575 | +€10,884 | +125% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.