De Ké: 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.
De Ké
Largest movements
- Cash -€25,942
down €25,942 (-38.8%), from €66,883 to €40,941
mainly Trade debts (-€62,245) and Investment in fixed assets (net) (-€17,651)
- Receivables within one year -€19,802
down €19,802 (-56.7%), from €34,904 to €15,102
of which Other amounts receivable: -€10,041
- Deferred charges and accrued income -€3,027
down €3,027 (-64.2%), from €4,712 to €1,685
- Intangible fixed assets -€3,000
down €3,000 (-13.2%), from €22,775 to €19,775
- Tangible fixed assets +€2,500
up €2,500 (+4.1%), from €60,534 to €63,034
of which Plant, machinery and equipment: +€2,912
- Trade debts -€62,245
down €62,245 (-59.1%), from €105,332 to €43,087
- Reserves +€10,126
up €10,126 (+22.1%), from €45,746 to €55,872
- Tax, wage and social debts +€3,768
up €3,768 (+26.8%), from €14,078 to €17,846
of which Taxes: +€4,086
- Accrued charges and deferred income -€3,293
down €3,293 (-63.1%), from €5,219 to €1,926
- Current portion of long-term debt +€2,862
up €2,862 (+45.0%), from €6,367 to €9,229
- Gross operating margin +€11,562
up €11,562 (+10.6%), from €109,215 to €120,777
- Staff costs +€9,960
up €9,960 (+13.9%), from €71,600 to €81,560
- Other operating charges +€2,925
up €2,925 (+479.0%), from €611 to €3,536
- Financial charges -€2,122
down €2,122 (-36.5%), from €5,817 to €3,694
- Depreciation +€1,813
up €1,813 (+11.1%), from €16,337 to €18,151
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 | €241,375 | €193,784 | -€47,591 | -19.7% |
| Fixed assets | 21/28 | €83,309 | €82,809 | -€500 | -0.6% |
| Intangible fixed assets | 21 | €22,775 | €19,775 | -€3,000 | -13.2% |
| Tangible fixed assets | 22/27 | €60,534 | €63,034 | +€2,500 | +4.1% |
| Plant, machinery and equipment | 23 | €47,982 | €50,895 | +€2,912 | +6.1% |
| Furniture and vehicles | 24 | €7,885 | €5,937 | -€1,949 | -24.7% |
| Other tangible fixed assets | 26 | €4,666 | €6,202 | +€1,536 | +32.9% |
| Current assets | 29/58 | €158,066 | €110,975 | -€47,091 | -29.8% |
| Stocks and contracts in progress | 3 | €51,567 | €53,247 | +€1,680 | +3.3% |
| Stocks | 30/36 | €51,567 | €53,247 | +€1,680 | +3.3% |
| Amounts receivable within one year | 40/41 | €34,904 | €15,102 | -€19,802 | -56.7% |
| Trade receivables | 40 | €22,343 | €12,581 | -€9,762 | -43.7% |
| Other amounts receivable | 41 | €12,561 | €2,521 | -€10,041 | -79.9% |
| Cash at bank and in hand | 54/58 | €66,883 | €40,941 | -€25,942 | -38.8% |
| Deferred charges and accrued income | 490/1 | €4,712 | €1,685 | -€3,027 | -64.2% |
| Total equity and liabilities | 10/49 | €241,375 | €193,784 | -€47,591 | -19.7% |
| Equity | 10/15 | €90,746 | €100,872 | +€10,126 | +11.2% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €45,746 | €55,872 | +€10,126 | +22.1% |
| Distributable reserves | 133 | €45,746 | €55,872 | +€10,126 | +22.1% |
| Amounts payable | 17/49 | €150,629 | €92,913 | -€57,717 | -38.3% |
| Amounts payable after more than one year | 17 | €18,482 | €19,077 | +€595 | +3.2% |
| Financial debts | 170/4 | €18,482 | €19,077 | +€595 | +3.2% |
| Amounts payable within one year | 42/48 | €126,927 | €71,909 | -€55,018 | -43.3% |
| Current portion of amounts payable after more than one year | 42 | €6,367 | €9,229 | +€2,862 | +45.0% |
| Trade debts | 44 | €105,332 | €43,087 | -€62,245 | -59.1% |
| Suppliers | 440/4 | €105,332 | €43,087 | -€62,245 | -59.1% |
| Taxes, remuneration and social security | 45 | €14,078 | €17,846 | +€3,768 | +26.8% |
| Taxes | 450/3 | €6,879 | €10,965 | +€4,086 | +59.4% |
| Remuneration and social security | 454/9 | €7,199 | €6,881 | -€318 | -4.4% |
| Other amounts payable | 47/48 | €1,151 | €1,747 | +€596 | +51.8% |
| Accrued charges and deferred income | 492/3 | €5,219 | €1,926 | -€3,293 | -63.1% |
| Remuneration, social security and pensions | 62 | €71,600 | €81,560 | +€9,960 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,337 | €18,151 | +€1,813 | +11.1% |
| Other operating charges | 640/8 | €611 | €3,536 | +€2,925 | +479.0% |
| Gross operating margin | 9900 | €109,215 | €120,777 | +€11,562 | +10.6% |
| Operating profit (loss) | 9901 | €20,667 | €17,530 | -€3,136 | -15.2% |
| Financial income | 75/76B | €1 | €282 | +€281 | +38002.7% |
| Recurring financial income | 75 | €1 | €282 | +€281 | +38002.7% |
| Financial charges | 65/66B | €5,817 | €3,694 | -€2,122 | -36.5% |
| Recurring financial charges | 65 | €5,817 | €3,694 | -€2,122 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | €14,851 | €14,118 | -€733 | -4.9% |
| Income taxes | 67/77 | €3,864 | €3,992 | +€128 | +3.3% |
| Profit (loss) for the period | 9904 | €10,987 | €10,126 | -€861 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,987 | €10,126 | -€861 | -7.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.