Aline DE KEYSER: 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.
Aline DE KEYSER
Largest movements
- Receivables within one year +€29,348
up €29,348 (+107%), from €27,349 to €56,696
of which Other amounts receivable: +€19,152
- Cash +€26,967
up €26,967 (+42.5%), from €63,441 to €90,408
mainly Net result for the year (+€65,931)
- Deferred charges and accrued income +€1,511
new in 2025: €1,511
- Reserves +€65,931
up €65,931 (+91.7%), from €71,908 to €137,839
- Tax, wage and social debts -€6,723
down €6,723 (-59.1%), from €11,374 to €4,651
- Gross operating margin -€10,076
down €10,076 (-10.0%), from €100,368 to €90,293
- Taxes -€1,723
down €1,723 (-6.3%), from €27,374 to €25,651
- Financial income +€1,508
up €1,508 (+50,273%), from €3 to €1,511
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 | €90,790 | €148,615 | +€57,825 | +63.7% |
| Current assets | 29/58 | €90,790 | €148,615 | +€57,825 | +63.7% |
| Amounts receivable within one year | 40/41 | €27,349 | €56,696 | +€29,348 | +107% |
| Trade receivables | 40 | €9,794 | €19,989 | +€10,195 | +104% |
| Other amounts receivable | 41 | €17,554 | €36,707 | +€19,152 | +109% |
| Cash at bank and in hand | 54/58 | €63,441 | €90,408 | +€26,967 | +42.5% |
| Deferred charges and accrued income | 490/1 | - | €1,511 | +€1,511 | |
| Total equity and liabilities | 10/49 | €90,790 | €148,615 | +€57,825 | +63.7% |
| Equity | 10/15 | €76,908 | €142,839 | +€65,931 | +85.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €71,908 | €137,839 | +€65,931 | +91.7% |
| Distributable reserves | 133 | €71,908 | €137,839 | +€65,931 | +91.7% |
| Amounts payable | 17/49 | €13,882 | €5,776 | -€8,106 | -58.4% |
| Amounts payable within one year | 42/48 | €13,882 | €5,776 | -€8,106 | -58.4% |
| Trade debts | 44 | €2,507 | €1,125 | -€1,382 | -55.1% |
| Suppliers | 440/4 | €2,507 | €1,125 | -€1,382 | -55.1% |
| Taxes, remuneration and social security | 45 | €11,374 | €4,651 | -€6,723 | -59.1% |
| Taxes | 450/3 | €11,374 | €4,651 | -€6,723 | -59.1% |
| Other operating charges | 640/8 | €898 | €49 | -€849 | -94.6% |
| Gross operating margin | 9900 | €100,368 | €90,293 | -€10,076 | -10.0% |
| Operating profit (loss) | 9901 | €99,470 | €90,244 | -€9,226 | -9.3% |
| Financial income | 75/76B | €3 | €1,511 | +€1,508 | +50,273% |
| Recurring financial income | 75 | €3 | €1,511 | +€1,508 | +50,273% |
| Financial charges | 65/66B | €191 | €173 | -€18 | -9.4% |
| Recurring financial charges | 65 | €191 | €173 | -€18 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €99,282 | €91,582 | -€7,700 | -7.8% |
| Income taxes | 67/77 | €27,374 | €25,651 | -€1,723 | -6.3% |
| Profit (loss) for the period | 9904 | €71,908 | €65,931 | -€5,977 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €71,908 | €65,931 | -€5,977 | -8.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.