DE KETSHOEVE: what changed
Two fiscal 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 KETSHOEVE
Largest movements
- Tangible fixed assets -€12,467
down €12,467 (-15.2%), from €82,268 to €69,801
- Receivables within one year +€5,368
up €5,368 (+16.2%), from €33,216 to €38,584
of which Trade receivables: +€7,361
- Trade debts -€9,868
down €9,868 (-32.7%), from €30,153 to €20,284
- Depreciation +€2,129
up €2,129 (+11.5%), from €18,538 to €20,667
- Gross operating margin +€1,659
up €1,659 (+7.8%), from €21,334 to €22,993
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €189,027 | €180,200 | -€8,827 | -4.7% |
| Fixed assets | 21/28 | €82,268 | €69,801 | -€12,467 | -15.2% |
| Tangible fixed assets | 22/27 | €82,268 | €69,801 | -€12,467 | -15.2% |
| Plant, machinery and equipment | 23 | €82,268 | €69,801 | -€12,467 | -15.2% |
| Current assets | 29/58 | €106,759 | €110,399 | +€3,640 | +3.4% |
| Stocks and contracts in progress | 3 | €65,000 | €65,000 | = | 0.0% |
| Stocks | 30/36 | €65,000 | €65,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,216 | €38,584 | +€5,368 | +16.2% |
| Trade receivables | 40 | €27,843 | €35,203 | +€7,361 | +26.4% |
| Other amounts receivable | 41 | €5,373 | €3,381 | -€1,992 | -37.1% |
| Cash at bank and in hand | 54/58 | €8,543 | €6,814 | -€1,729 | -20.2% |
| Total equity and liabilities | 10/49 | €189,027 | €180,200 | -€8,827 | -4.7% |
| Equity | 10/15 | €1,581 | €2,622 | +€1,041 | +65.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,419 | -€1,378 | +€1,041 | +43.1% |
| Amounts payable | 17/49 | €187,446 | €177,577 | -€9,868 | -5.3% |
| Amounts payable within one year | 42/48 | €187,446 | €177,577 | -€9,868 | -5.3% |
| Trade debts | 44 | €30,153 | €20,284 | -€9,868 | -32.7% |
| Suppliers | 440/4 | €30,153 | €20,284 | -€9,868 | -32.7% |
| Other amounts payable | 47/48 | €157,293 | €157,293 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,538 | €20,667 | +€2,129 | +11.5% |
| Other operating charges | 640/8 | €1,463 | €1,285 | -€178 | -12.2% |
| Gross operating margin | 9900 | €21,334 | €22,993 | +€1,659 | +7.8% |
| Operating profit (loss) | 9901 | €1,333 | €1,041 | -€292 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €1,333 | €1,041 | -€292 | -21.9% |
| Income taxes | 67/77 | €107 | - | -€107 | |
| Profit (loss) for the period | 9904 | €1,226 | €1,041 | -€185 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,226 | €1,041 | -€185 | -15.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.