De Keyzer Beheer: 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 Keyzer Beheer
Largest movements
- Receivables within one year -€230,517
down €230,517 (-39.6%), from €582,238 to €351,721
of which Other amounts receivable: -€227,233
- Financial fixed assets +€83,317
up €83,317 (+4.4%), from €1.9m to €2.0m
- Reserves -€84,408
down €84,408 (-59.6%), from €141,526 to €57,118
of which Distributable reserves: -€84,408
- Other debts -€54,062
down €54,062 (-3.6%), from €1.5m to €1.4m
- Financial income -€112,909
down €112,909 (-92.4%), from €122,178 to €9,269
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 | €2,485,969 | €2,349,840 | -€136,129 | -5.5% |
| Fixed assets | 21/28 | €1,892,966 | €1,976,284 | +€83,317 | +4.4% |
| Financial fixed assets | 28 | €1,892,966 | €1,976,284 | +€83,317 | +4.4% |
| Affiliated companies | 280/1 | €1,892,966 | €1,976,284 | +€83,317 | +4.4% |
| Participating interests | 280 | €1,892,966 | €1,976,284 | +€83,317 | +4.4% |
| Current assets | 29/58 | €593,003 | €373,557 | -€219,446 | -37.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €582,238 | €351,721 | -€230,517 | -39.6% |
| Trade receivables | 40 | €3,283 | €0 | -€3,283 | -100% |
| Other amounts receivable | 41 | €578,954 | €351,721 | -€227,233 | -39.2% |
| Cash at bank and in hand | 54/58 | €8,813 | €19,884 | +€11,071 | +126% |
| Deferred charges and accrued income | 490/1 | €1,952 | €1,952 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,485,969 | €2,349,840 | -€136,129 | -5.5% |
| Equity | 10/15 | €986,959 | €902,552 | -€84,408 | -8.6% |
| Contributions | 10/11 | €845,434 | €845,434 | = | 0.0% |
| Reserves | 13 | €141,526 | €57,118 | -€84,408 | -59.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €141,526 | €57,118 | -€84,408 | -59.6% |
| Amounts payable | 17/49 | €1,499,010 | €1,447,289 | -€51,721 | -3.5% |
| Amounts payable within one year | 42/48 | €1,498,042 | €1,447,289 | -€50,754 | -3.4% |
| Trade debts | 44 | €3,070 | €6,379 | +€3,309 | +108% |
| Suppliers | 440/4 | €3,070 | €6,379 | +€3,309 | +108% |
| Other amounts payable | 47/48 | €1,494,972 | €1,440,909 | -€54,062 | -3.6% |
| Accrued charges and deferred income | 492/3 | €968 | €0 | -€968 | -100% |
| Operating income | 70/76A | €3,283 | €9,489 | +€6,205 | +189% |
| Other operating income | 74 | €3,283 | €690 | -€2,594 | -79.0% |
| Non-recurring operating income | 76A | - | €8,799 | +€8,799 | |
| Operating charges | 60/66A | €12,357 | €7,213 | -€5,145 | -41.6% |
| Services and other goods | 61 | €11,032 | €5,884 | -€5,148 | -46.7% |
| Other operating charges | 640/8 | €1,325 | €1,329 | +€4 | +0.3% |
| Operating profit (loss) | 9901 | -€9,074 | €2,276 | +€11,350 | |
| Financial income | 75/76B | €122,178 | €9,269 | -€112,909 | -92.4% |
| Recurring financial income | 75 | €122,178 | €9,269 | -€112,909 | -92.4% |
| Income from financial fixed assets | 750 | €110,700 | €0 | -€110,700 | -100% |
| Income from current assets | 751 | €11,478 | €9,269 | -€2,209 | -19.2% |
| Financial charges | 65/66B | €37,601 | €28,452 | -€9,149 | -24.3% |
| Recurring financial charges | 65 | €37,601 | €28,452 | -€9,149 | -24.3% |
| Debt charges | 650 | €37,548 | €28,422 | -€9,126 | -24.3% |
| Other financial charges | 652/9 | €53 | €30 | -€23 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | €75,503 | -€16,908 | -€92,411 | |
| Profit (loss) for the period | 9904 | €75,503 | -€16,908 | -€92,411 | |
| Profit (loss) for the period to be appropriated | 9905 | €75,503 | -€16,908 | -€92,411 |
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 16 October 2026 via checked.be.