CV KEERMAN: 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.
CV KEERMAN
Largest movements
- Cash +€682
up €682 (+455%), from €150 to €832
mainly Other debts (+€2,054) and Trade debts (+€352)
- Other debts +€2,054
up €2,054 (+0.4%), from €565,319 to €567,374
- Profit (loss) carried forward -€1,724
down €1,724 (-0.2%), from -€855,988 to -€857,712
- Trade debts +€352
up €352 (+76.6%), from €460 to €812
- Other operating charges +€27
up €27 (+4.0%), from €678 to €705
- Gross operating margin -€25
down €25 (-2.5%), from -€995 to -€1,019
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 | €5,983 | €6,665 | +€682 | +11.4% |
| Current assets | 29/58 | €5,983 | €6,665 | +€682 | +11.4% |
| Amounts receivable within one year | 40/41 | €5,833 | €5,833 | = | 0.0% |
| Trade receivables | 40 | €5,833 | €5,833 | = | 0.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €150 | €832 | +€682 | +455% |
| Total equity and liabilities | 10/49 | €5,983 | €6,665 | +€682 | +11.4% |
| Equity | 10/15 | -€559,796 | -€561,520 | -€1,724 | -0.3% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €172,192 | €172,192 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,400 | €12,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,792 | €9,792 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€855,988 | -€857,712 | -€1,724 | -0.2% |
| Amounts payable | 17/49 | €565,779 | €568,185 | +€2,407 | +0.4% |
| Amounts payable within one year | 42/48 | €565,779 | €568,185 | +€2,407 | +0.4% |
| Trade debts | 44 | €460 | €812 | +€352 | +76.6% |
| Suppliers | 440/4 | €460 | €812 | +€352 | +76.6% |
| Other amounts payable | 47/48 | €565,319 | €567,374 | +€2,054 | +0.4% |
| Other operating charges | 640/8 | €678 | €705 | +€27 | +4.0% |
| Gross operating margin | 9900 | -€995 | -€1,019 | -€25 | -2.5% |
| Operating profit (loss) | 9901 | -€1,672 | -€1,724 | -€52 | -3.1% |
| Financial charges | 65/66B | €0 | €0 | = | 0.0% |
| Recurring financial charges | 65 | €0 | €0 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,673 | -€1,724 | -€52 | -3.1% |
| Profit (loss) for the period | 9904 | -€1,673 | -€1,724 | -€52 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,673 | -€1,724 | -€52 | -3.1% |
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 17 October 2026 via checked.be.