De Keyartmolen: what changed
What changed
De Keyartmolen
NACE 01.610, Support activities for crop production
filed annual accounts (NBB)
Net result for the year
€19,446
2024 · €33,285-€13,838
Equity
€109,692
2024 · €90,245+€19,446
Cash
€11,675
2024 · €47,645-€35,971
Balance sheet total
€1.2m
2024 · €1.2m+€96,479
Largest movements
Assets
- Tangible fixed assets +€111,977
up €111,977 (+10.2%), from €1.1m to €1.2m
of which Land and buildings: +€118,244
- Cash -€35,971
down €35,971 (-75.5%), from €47,645 to €11,675
mainly Investment in fixed assets (net) (-€169,435) and Other debts (-€23,416)
- Current investments +€23,400
new in 2025: €23,400
Equity and liabilities
- Debts after one year +€75,468
up €75,468 (+17.2%), from €439,442 to €514,909
- Other debts -€23,416
down €23,416 (-4.0%), from €578,898 to €555,482
- Profit (loss) carried forward +€19,446
up €19,446 (+7.8%), from -€249,755 to -€230,308
- Current portion of long-term debt +€19,131
up €19,131 (+49.8%), from €38,428 to €57,560
Income statement
- Other operating charges +€6,337
up €6,337 (+132%), from €4,799 to €11,137
- Depreciation +€4,943
up €4,943 (+9.4%), from €52,515 to €57,458
- Taxes +€4,942
new in 2025: €4,942
- Gross operating margin +€2,913
up €2,913 (+3.0%), from €97,752 to €100,665
- Financial charges +€2,627
up €2,627 (+49.1%), from €5,350 to €7,977
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€33,285
Gross operating margin
+€2,913
Staff costs
+€1,620
Depreciation
-€4,943
Other operating charges
-€6,337
Financial income
+€478
Financial charges
-€2,627
Taxes
-€4,942
Result 2025
€19,446
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€62,265
Investment
-€192,835
Financing
+€94,599
Cash 2024
€47,645
From operations (derived)
+€62,265
Net result for the year
+€19,446
Depreciation
+€57,458
Receivables within one year
+€2,928
Smaller working-capital items
-€104
Trade debts
+€6,642
Tax, wage and social debts
-€689
Other debts
-€23,416
Investment (derived)
-€192,835
Investment in fixed assets (net)
-€169,435
Current investments
-€23,400
Financing
+€94,599
Debts after one year
+€75,468
Current portion of long-term debt
+€19,131
Cash 2025
€11,675
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,150,057 | €1,246,536 | +€96,479 | +8.4% |
| Fixed assets | 21/28 | €1,094,104 | €1,206,081 | +€111,977 | +10.2% |
| Tangible fixed assets | 22/27 | €1,093,854 | €1,205,831 | +€111,977 | +10.2% |
| Land and buildings | 22 | €1,031,373 | €1,149,617 | +€118,244 | +11.5% |
| Plant, machinery and equipment | 23 | €40,903 | €37,925 | -€2,979 | -7.3% |
| Furniture and vehicles | 24 | €21,578 | €18,290 | -€3,288 | -15.2% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €55,953 | €40,455 | -€15,498 | -27.7% |
| Amounts receivable within one year | 40/41 | €6,956 | €4,028 | -€2,928 | -42.1% |
| Trade receivables | 40 | €6,956 | €4,028 | -€2,928 | -42.1% |
| Current investments | 50/53 | - | €23,400 | +€23,400 | |
| Cash at bank and in hand | 54/58 | €47,645 | €11,675 | -€35,971 | -75.5% |
| Deferred charges and accrued income | 490/1 | €1,351 | €1,352 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €1,150,057 | €1,246,536 | +€96,479 | +8.4% |
| Equity | 10/15 | €90,245 | €109,692 | +€19,446 | +21.5% |
| Contributions | 10/11 | €340,000 | €340,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€249,755 | -€230,308 | +€19,446 | +7.8% |
| Amounts payable | 17/49 | €1,059,811 | €1,136,844 | +€77,033 | +7.3% |
| Amounts payable after more than one year | 17 | €439,442 | €514,909 | +€75,468 | +17.2% |
| Financial debts | 170/4 | €439,442 | €514,909 | +€75,468 | +17.2% |
| Amounts payable within one year | 42/48 | €619,438 | €621,107 | +€1,669 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €38,428 | €57,560 | +€19,131 | +49.8% |
| Trade debts | 44 | €1,014 | €7,657 | +€6,642 | +655% |
| Suppliers | 440/4 | €1,014 | €7,657 | +€6,642 | +655% |
| Taxes, remuneration and social security | 45 | €1,098 | €409 | -€689 | -62.8% |
| Taxes | 450/3 | €1,030 | €409 | -€622 | -60.3% |
| Remuneration and social security | 454/9 | €67 | €0 | -€67 | -100% |
| Other amounts payable | 47/48 | €578,898 | €555,482 | -€23,416 | -4.0% |
| Accrued charges and deferred income | 492/3 | €931 | €828 | -€103 | -11.1% |
| Remuneration, social security and pensions | 62 | €1,810 | €190 | -€1,620 | -89.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,515 | €57,458 | +€4,943 | +9.4% |
| Other operating charges | 640/8 | €4,799 | €11,137 | +€6,337 | +132% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €97,752 | €100,665 | +€2,913 | +3.0% |
| Operating profit (loss) | 9901 | €38,627 | €31,880 | -€6,747 | -17.5% |
| Financial income | 75/76B | €7 | €485 | +€478 | +6,828% |
| Recurring financial income | 75 | €7 | €485 | +€478 | +6,828% |
| Financial charges | 65/66B | €5,350 | €7,977 | +€2,627 | +49.1% |
| Recurring financial charges | 65 | €5,350 | €7,977 | +€2,627 | +49.1% |
| Profit (loss) for the period before taxes | 9903 | €33,285 | €24,388 | -€8,896 | -26.7% |
| Income taxes | 67/77 | - | €4,942 | +€4,942 | |
| Profit (loss) for the period | 9904 | €33,285 | €19,446 | -€13,838 | -41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,285 | €19,446 | -€13,838 | -41.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.