DE KEUKELEIRE TECHNICS: 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 KEUKELEIRE TECHNICS
Largest movements
- Cash +€84,458
up €84,458 (+66.1%), from €127,707 to €212,164
mainly Net result for the year (+€64,422) and Stocks and contracts (+€14,250)
- Stocks and contracts -€14,250
down €14,250 (-62.6%), from €22,750 to €8,500
- Tangible fixed assets -€9,924
down €9,924 (-30.1%), from €32,981 to €23,058
of which Furniture and vehicles: -€9,534
- Reserves +€64,422
up €64,422 (+34.6%), from €185,956 to €250,379
of which Tax-exempt reserves: +€42,100
- Tax, wage and social debts -€16,478
down €16,478 (-94.2%), from €17,499 to €1,021
- Accrued charges and deferred income +€9,741
up €9,741 (+853%), from €1,142 to €10,883
- Gross operating margin +€59,851
up €59,851 (+146%), from €41,105 to €100,956
- Taxes +€14,563
up €14,563 (+144%), from €10,090 to €24,653
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 | €237,273 | €296,118 | +€58,845 | +24.8% |
| Fixed assets | 21/28 | €32,981 | €23,058 | -€9,924 | -30.1% |
| Tangible fixed assets | 22/27 | €32,981 | €23,058 | -€9,924 | -30.1% |
| Plant, machinery and equipment | 23 | €1,160 | €770 | -€390 | -33.6% |
| Furniture and vehicles | 24 | €31,821 | €22,287 | -€9,534 | -30.0% |
| Current assets | 29/58 | €204,292 | €273,060 | +€68,768 | +33.7% |
| Stocks and contracts in progress | 3 | €22,750 | €8,500 | -€14,250 | -62.6% |
| Stocks | 30/36 | €22,750 | €8,500 | -€14,250 | -62.6% |
| Amounts receivable within one year | 40/41 | €50,056 | €49,641 | -€415 | -0.8% |
| Trade receivables | 40 | €49,636 | €38,077 | -€11,560 | -23.3% |
| Other amounts receivable | 41 | €419 | €11,564 | +€11,145 | +2,657% |
| Cash at bank and in hand | 54/58 | €127,707 | €212,164 | +€84,458 | +66.1% |
| Deferred charges and accrued income | 490/1 | €3,780 | €2,755 | -€1,025 | -27.1% |
| Total equity and liabilities | 10/49 | €237,273 | €296,118 | +€58,845 | +24.8% |
| Equity | 10/15 | €191,956 | €256,379 | +€64,422 | +33.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €185,956 | €250,379 | +€64,422 | +34.6% |
| Tax-exempt reserves | 132 | - | €42,100 | +€42,100 | |
| Distributable reserves | 133 | €185,956 | €208,279 | +€22,322 | +12.0% |
| Amounts payable | 17/49 | €45,317 | €39,739 | -€5,578 | -12.3% |
| Amounts payable within one year | 42/48 | €44,175 | €28,856 | -€15,319 | -34.7% |
| Trade debts | 44 | €15,593 | €17,703 | +€2,109 | +13.5% |
| Suppliers | 440/4 | €15,593 | €17,703 | +€2,109 | +13.5% |
| Taxes, remuneration and social security | 45 | €17,499 | €1,021 | -€16,478 | -94.2% |
| Taxes | 450/3 | €17,499 | €1,021 | -€16,478 | -94.2% |
| Other amounts payable | 47/48 | €11,083 | €10,132 | -€950 | -8.6% |
| Accrued charges and deferred income | 492/3 | €1,142 | €10,883 | +€9,741 | +853% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,482 | €10,997 | +€515 | +4.9% |
| Other operating charges | 640/8 | €1,192 | €1,225 | +€34 | +2.8% |
| Gross operating margin | 9900 | €41,105 | €100,956 | +€59,851 | +146% |
| Operating profit (loss) | 9901 | €29,431 | €88,734 | +€59,303 | +201% |
| Financial income | 75/76B | €561 | €1,272 | +€711 | +127% |
| Recurring financial income | 75 | €561 | €1,272 | +€711 | +127% |
| Financial charges | 65/66B | €1,186 | €930 | -€256 | -21.5% |
| Recurring financial charges | 65 | €1,186 | €930 | -€256 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €28,806 | €89,075 | +€60,269 | +209% |
| Income taxes | 67/77 | €10,090 | €24,653 | +€14,563 | +144% |
| Profit (loss) for the period | 9904 | €18,716 | €64,422 | +€45,707 | +244% |
| Transfer to tax-exempt reserves | 689 | - | €42,100 | +€42,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,716 | €22,322 | +€3,607 | +19.3% |
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 19 October 2026 via checked.be.