Kéa Team: 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.
Kéa Team
Largest movements
- Cash -€201,235
down €201,235 (-85.3%), from €235,987 to €34,753
mainly Contributions, distributions and other (-€235,000) and Trade debts (-€39,516)
- Receivables within one year +€17,041
up €17,041 (+12.0%), from €141,631 to €158,671
of which Trade receivables: +€15,323
- Current investments +€12,023
new in 2025: €12,023
- Deferred charges and accrued income +€5,538
up €5,538 (+863.9%), from €641 to €6,179
- Profit (loss) carried forward -€151,689
down €151,689 (-59.7%), from €253,949 to €102,260
- Other debts +€40,000
new in 2025: €40,000
- Trade debts -€39,516
down €39,516 (-44.1%), from €89,532 to €50,016
- Tax, wage and social debts -€22,156
down €22,156 (-71.0%), from €31,185 to €9,029
- Contributions +€5,000
up €5,000 (+50.0%), from €10,000 to €15,000
- Write-downs +€13,232
new in 2025: €13,232
- Gross operating margin +€8,897
up €8,897 (+7.5%), from €118,851 to €127,748
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.
Cash bridge derived
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 | €384,666 | €216,305 | -€168,361 | -43.8% |
| Fixed assets | 21/28 | €6,407 | €4,679 | -€1,728 | -27.0% |
| Tangible fixed assets | 22/27 | €4,547 | €2,819 | -€1,728 | -38.0% |
| Furniture and vehicles | 24 | €4,547 | €2,819 | -€1,728 | -38.0% |
| Financial fixed assets | 28 | €1,860 | €1,860 | = | 0.0% |
| Current assets | 29/58 | €378,259 | €211,626 | -€166,633 | -44.1% |
| Amounts receivable within one year | 40/41 | €141,631 | €158,671 | +€17,041 | +12.0% |
| Trade receivables | 40 | €141,631 | €156,954 | +€15,323 | +10.8% |
| Other amounts receivable | 41 | - | €1,717 | +€1,717 | |
| Current investments | 50/53 | - | €12,023 | +€12,023 | |
| Cash at bank and in hand | 54/58 | €235,987 | €34,753 | -€201,235 | -85.3% |
| Deferred charges and accrued income | 490/1 | €641 | €6,179 | +€5,538 | +863.9% |
| Total equity and liabilities | 10/49 | €384,666 | €216,305 | -€168,361 | -43.8% |
| Equity | 10/15 | €263,949 | €117,260 | -€146,689 | -55.6% |
| Contributions | 10/11 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Profit (loss) carried forward | 14 | €253,949 | €102,260 | -€151,689 | -59.7% |
| Amounts payable | 17/49 | €120,717 | €99,045 | -€21,672 | -18.0% |
| Amounts payable within one year | 42/48 | €120,717 | €99,045 | -€21,672 | -18.0% |
| Trade debts | 44 | €89,532 | €50,016 | -€39,516 | -44.1% |
| Suppliers | 440/4 | €89,532 | €50,016 | -€39,516 | -44.1% |
| Taxes, remuneration and social security | 45 | €31,185 | €9,029 | -€22,156 | -71.0% |
| Taxes | 450/3 | €31,185 | €9,029 | -€22,156 | -71.0% |
| Other amounts payable | 47/48 | - | €40,000 | +€40,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,611 | €1,728 | +€118 | +7.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €13,232 | +€13,232 | |
| Other operating charges | 640/8 | €384 | €587 | +€203 | +52.8% |
| Gross operating margin | 9900 | €118,851 | €127,748 | +€8,897 | +7.5% |
| Operating profit (loss) | 9901 | €116,856 | €112,201 | -€4,655 | -4.0% |
| Financial income | 75/76B | - | €454 | +€454 | |
| Recurring financial income | 75 | - | €454 | +€454 | |
| Financial charges | 65/66B | €209 | €325 | +€116 | +55.3% |
| Recurring financial charges | 65 | €209 | €325 | +€116 | +55.3% |
| Profit (loss) for the period before taxes | 9903 | €116,647 | €112,331 | -€4,316 | -3.7% |
| Income taxes | 67/77 | €24,269 | €24,020 | -€250 | -1.0% |
| Profit (loss) for the period | 9904 | €92,377 | €88,311 | -€4,066 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €92,377 | €88,311 | -€4,066 | -4.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.