KEAP SHOP SOLUTIONS: what changed
KEAP SHOP SOLUTIONS
Largest movements
- Receivables within one year -€176,731
down €176,731 (-97.6%), from €181,157 to €4,426
of which Trade receivables: -€177,782
- Reserves -€83,814
down €83,814 (-23.9%), from €351,389 to €267,575
- Other debts -€63,971
down €63,971 (-13.1%), from €489,230 to €425,259
- Current portion of long-term debt -€27,071
down €27,071 (-100%), from €27,071 to €0
- Trade debts +€16,296
up €16,296 (+88.7%), from €18,368 to €34,664
- Tax, wage and social debts -€15,425
down €15,425 (-32.6%), from €47,356 to €31,931
- Gross operating margin -€105,111
down €105,111 (-96.7%), from €108,714 to €3,603
- Financial income -€64,709
down €64,709 (-41.2%), from €157,212 to €92,503
- Taxes -€26,841
down €26,841 (-98.1%), from €27,356 to €515
- Financial charges -€2,544
down €2,544 (-79.7%), from €3,193 to €649
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,067,412 | €889,951 | -€177,461 | -16.6% |
| Fixed assets | 21/28 | €885,000 | €885,000 | = | 0.0% |
| Financial fixed assets | 28 | €885,000 | €885,000 | = | 0.0% |
| Current assets | 29/58 | €182,412 | €4,951 | -€177,461 | -97.3% |
| Amounts receivable within one year | 40/41 | €181,157 | €4,426 | -€176,731 | -97.6% |
| Trade receivables | 40 | €179,415 | €1,634 | -€177,782 | -99.1% |
| Other amounts receivable | 41 | €1,742 | €2,793 | +€1,051 | +60.3% |
| Cash at bank and in hand | 54/58 | €1,254 | €525 | -€730 | -58.2% |
| Total equity and liabilities | 10/49 | €1,067,412 | €889,951 | -€177,461 | -16.6% |
| Equity | 10/15 | €481,911 | €398,097 | -€83,814 | -17.4% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €351,389 | €267,575 | -€83,814 | -23.9% |
| Distributable reserves | 133 | €351,389 | €267,575 | -€83,814 | -23.9% |
| Profit (loss) carried forward | 14 | €108,522 | €108,522 | = | 0.0% |
| Amounts payable | 17/49 | €585,501 | €491,854 | -€93,647 | -16.0% |
| Amounts payable within one year | 42/48 | €585,501 | €491,854 | -€93,647 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €27,071 | €0 | -€27,071 | -100% |
| Financial debts | 43 | €3,476 | €0 | -€3,476 | -100% |
| Credit institutions | 430/8 | €3,476 | €0 | -€3,476 | -100% |
| Trade debts | 44 | €18,368 | €34,664 | +€16,296 | +88.7% |
| Suppliers | 440/4 | €18,368 | €34,664 | +€16,296 | +88.7% |
| Taxes, remuneration and social security | 45 | €47,356 | €31,931 | -€15,425 | -32.6% |
| Taxes | 450/3 | €47,356 | €31,931 | -€15,425 | -32.6% |
| Other amounts payable | 47/48 | €489,230 | €425,259 | -€63,971 | -13.1% |
| Other operating charges | 640/8 | €1,171 | €1,206 | +€36 | +3.0% |
| Gross operating margin | 9900 | €108,714 | €3,603 | -€105,111 | -96.7% |
| Operating profit (loss) | 9901 | €107,544 | €2,397 | -€105,147 | -97.8% |
| Financial income | 75/76B | €157,212 | €92,503 | -€64,709 | -41.2% |
| Recurring financial income | 75 | €157,212 | €92,503 | -€64,709 | -41.2% |
| Financial charges | 65/66B | €3,193 | €649 | -€2,544 | -79.7% |
| Recurring financial charges | 65 | €3,193 | €649 | -€2,544 | -79.7% |
| Profit (loss) for the period before taxes | 9903 | €261,563 | €94,251 | -€167,312 | -64.0% |
| Income taxes | 67/77 | €27,356 | €515 | -€26,841 | -98.1% |
| Profit (loss) for the period | 9904 | €234,207 | €93,736 | -€140,471 | -60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €234,207 | €93,736 | -€140,471 | -60.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.