KEEBCO: 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.
KEEBCO
Largest movements
- Cash +€52,122
up €52,122 (+160%), from €32,481 to €84,603
mainly Net result for the year (+€56,783) and Depreciation (+€36,194)
- Tangible fixed assets +€29,348
up €29,348 (+54.8%), from €53,569 to €82,917
of which Plant, machinery and equipment: +€43,525
- Receivables within one year -€14,208
down €14,208 (-29.0%), from €49,025 to €34,816
of which Trade receivables: -€25,635
- Reserves +€56,783
up €56,783 (+69.0%), from €82,336 to €139,118
- Debts after one year +€12,746
up €12,746 (+130%), from €9,834 to €22,579
- Other debts -€11,063
down €11,063 (-92.3%), from €11,988 to €925
- Trade debts +€5,926
up €5,926 (+101%), from €5,853 to €11,779
- Current portion of long-term debt +€4,852
up €4,852 (+23.4%), from €20,721 to €25,573
- Gross operating margin +€37,556
up €37,556 (+52.5%), from €71,575 to €109,131
- Taxes +€4,145
up €4,145 (+41.3%), from €10,032 to €14,178
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 | €135,449 | €202,724 | +€67,275 | +49.7% |
| Fixed assets | 21/28 | €53,569 | €82,917 | +€29,348 | +54.8% |
| Tangible fixed assets | 22/27 | €53,569 | €82,917 | +€29,348 | +54.8% |
| Land and buildings | 22 | €2,208 | €9,102 | +€6,894 | +312% |
| Plant, machinery and equipment | 23 | €9,716 | €53,241 | +€43,525 | +448% |
| Furniture and vehicles | 24 | €17,741 | €8,180 | -€9,561 | -53.9% |
| Leasing and similar rights | 25 | €23,904 | €12,393 | -€11,510 | -48.2% |
| Current assets | 29/58 | €81,880 | €119,807 | +€37,927 | +46.3% |
| Amounts receivable within one year | 40/41 | €49,025 | €34,816 | -€14,208 | -29.0% |
| Trade receivables | 40 | €48,421 | €22,786 | -€25,635 | -52.9% |
| Other amounts receivable | 41 | €603 | €12,030 | +€11,427 | +1,894% |
| Cash at bank and in hand | 54/58 | €32,481 | €84,603 | +€52,122 | +160% |
| Deferred charges and accrued income | 490/1 | €374 | €388 | +€14 | +3.7% |
| Total equity and liabilities | 10/49 | €135,449 | €202,724 | +€67,275 | +49.7% |
| Equity | 10/15 | €84,836 | €141,618 | +€56,783 | +66.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €82,336 | €139,118 | +€56,783 | +69.0% |
| Distributable reserves | 133 | €82,336 | €139,118 | +€56,783 | +69.0% |
| Amounts payable | 17/49 | €50,614 | €61,106 | +€10,493 | +20.7% |
| Amounts payable after more than one year | 17 | €9,834 | €22,579 | +€12,746 | +130% |
| Financial debts | 170/4 | €9,834 | €22,579 | +€12,746 | +130% |
| Amounts payable within one year | 42/48 | €40,780 | €38,527 | -€2,253 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €20,721 | €25,573 | +€4,852 | +23.4% |
| Trade debts | 44 | €5,853 | €11,779 | +€5,926 | +101% |
| Suppliers | 440/4 | €5,853 | €11,779 | +€5,926 | +101% |
| Taxes, remuneration and social security | 45 | €2,218 | €250 | -€1,968 | -88.7% |
| Taxes | 450/3 | €2,218 | €250 | -€1,968 | -88.7% |
| Other amounts payable | 47/48 | €11,988 | €925 | -€11,063 | -92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,317 | €36,194 | -€123 | -0.3% |
| Other operating charges | 640/8 | €614 | €1,310 | +€696 | +113% |
| Gross operating margin | 9900 | €71,575 | €109,131 | +€37,556 | +52.5% |
| Operating profit (loss) | 9901 | €34,644 | €71,627 | +€36,983 | +107% |
| Financial income | 75/76B | €59 | €107 | +€49 | +82.6% |
| Recurring financial income | 75 | €59 | €107 | +€49 | +82.6% |
| Financial charges | 65/66B | €987 | €774 | -€213 | -21.6% |
| Recurring financial charges | 65 | €987 | €774 | -€213 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €33,716 | €70,960 | +€37,245 | +110% |
| Income taxes | 67/77 | €10,032 | €14,178 | +€4,145 | +41.3% |
| Profit (loss) for the period | 9904 | €23,683 | €56,783 | +€33,099 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €23,683 | €56,783 | +€33,099 | +140% |
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 25 October 2026 via checked.be.