DE KEVER: 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 KEVER
Largest movements
- Deferred charges and accrued income -€6,793
down €6,793 (-61.0%), from €11,141 to €4,348
- Cash +€3,232
up €3,232 (+15.0%), from €21,567 to €24,799
mainly Net result for the year (+€14,731) and Deferred charges and accrued income (+€6,793)
- Receivables within one year +€1,889
up €1,889 (+1.7%), from €108,648 to €110,537
of which Other amounts receivable: +€32,901
- Accrued charges and deferred income -€17,253
down €17,253 (-48.9%), from €35,253 to €18,000
- Profit (loss) carried forward +€14,731
up €14,731 (+91.4%), from -€16,119 to -€1,388
- Trade debts -€3,149
down €3,149 (-13.2%), from €23,803 to €20,654
- Tax, wage and social debts +€1,984
up €1,984 (+5.6%), from €35,122 to €37,106
of which Remuneration and social security: +€1,973
- Gross operating margin +€20,250
up €20,250 (+15.6%), from €129,429 to €149,679
- Staff costs +€5,413
up €5,413 (+4.3%), from €125,209 to €130,622
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 | €146,997 | €144,100 | -€2,898 | -2.0% |
| Fixed assets | 21/28 | €5,641 | €4,415 | -€1,226 | -21.7% |
| Tangible fixed assets | 22/27 | €5,641 | €4,415 | -€1,226 | -21.7% |
| Plant, machinery and equipment | 23 | €3,752 | €2,975 | -€777 | -20.7% |
| Furniture and vehicles | 24 | €544 | €177 | -€367 | -67.5% |
| Other tangible fixed assets | 26 | €1,344 | €1,263 | -€82 | -6.1% |
| Current assets | 29/58 | €141,356 | €139,685 | -€1,672 | -1.2% |
| Amounts receivable within one year | 40/41 | €108,648 | €110,537 | +€1,889 | +1.7% |
| Trade receivables | 40 | €62,485 | €31,473 | -€31,012 | -49.6% |
| Other amounts receivable | 41 | €46,163 | €79,064 | +€32,901 | +71.3% |
| Cash at bank and in hand | 54/58 | €21,567 | €24,799 | +€3,232 | +15.0% |
| Deferred charges and accrued income | 490/1 | €11,141 | €4,348 | -€6,793 | -61.0% |
| Total equity and liabilities | 10/49 | €146,997 | €144,100 | -€2,898 | -2.0% |
| Equity | 10/15 | €3,881 | €18,612 | +€14,731 | +380% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,119 | -€1,388 | +€14,731 | +91.4% |
| Amounts payable | 17/49 | €143,117 | €125,488 | -€17,629 | -12.3% |
| Amounts payable within one year | 42/48 | €107,864 | €107,488 | -€376 | -0.3% |
| Trade debts | 44 | €23,803 | €20,654 | -€3,149 | -13.2% |
| Suppliers | 440/4 | €23,803 | €20,654 | -€3,149 | -13.2% |
| Taxes, remuneration and social security | 45 | €35,122 | €37,106 | +€1,984 | +5.6% |
| Taxes | 450/3 | €1,349 | €1,361 | +€11 | +0.8% |
| Remuneration and social security | 454/9 | €33,773 | €35,746 | +€1,973 | +5.8% |
| Other amounts payable | 47/48 | €48,939 | €49,728 | +€789 | +1.6% |
| Accrued charges and deferred income | 492/3 | €35,253 | €18,000 | -€17,253 | -48.9% |
| Remuneration, social security and pensions | 62 | €125,209 | €130,622 | +€5,413 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €499 | €1,226 | +€727 | +146% |
| Other operating charges | 640/8 | €1,959 | €2,284 | +€325 | +16.6% |
| Gross operating margin | 9900 | €129,429 | €149,679 | +€20,250 | +15.6% |
| Operating profit (loss) | 9901 | €1,762 | €15,547 | +€13,785 | +782% |
| Financial income | 75/76B | €136 | €199 | +€63 | +46.4% |
| Recurring financial income | 75 | €136 | €199 | +€63 | +46.4% |
| Financial charges | 65/66B | €318 | €340 | +€22 | +6.9% |
| Recurring financial charges | 65 | €318 | €340 | +€22 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €1,580 | €15,406 | +€13,826 | +875% |
| Income taxes | 67/77 | €686 | €675 | -€10 | -1.5% |
| Profit (loss) for the period | 9904 | €894 | €14,731 | +€13,837 | +1,547% |
| Profit (loss) for the period to be appropriated | 9905 | €894 | €14,731 | +€13,837 | +1,547% |
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.