KEEBREY'S: what changed
KEEBREY'S
Largest movements
- Cash +€10,196
up €10,196 (+33.1%), from €30,778 to €40,974
mainly Net result for the year (+€7,001) and Trade debts (+€4,614)
- Stocks and contracts -€3,201
down €3,201 (-16.3%), from €19,639 to €16,438
- Receivables within one year -€1,877
no longer reported in 2025 (was €1,877)
- Profit (loss) carried forward +€7,001
up €7,001 (+8.8%), from -€79,897 to -€72,896
- Other debts -€7,000
down €7,000 (-6.5%), from €107,626 to €100,626
- Trade debts +€4,614
up €4,614 (+80.6%), from €5,728 to €10,342
- Gross operating margin +€1,115
up €1,115 (+17.4%), from €6,401 to €7,516
- Financial charges -€475
down €475 (-91.5%), from €519 to €44
- Other operating charges -€216
down €216 (-27.3%), from €791 to €575
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 | €52,294 | €57,412 | +€5,118 | +9.8% |
| Current assets | 29/58 | €52,294 | €57,412 | +€5,118 | +9.8% |
| Stocks and contracts in progress | 3 | €19,639 | €16,438 | -€3,201 | -16.3% |
| Stocks | 30/36 | €19,639 | €16,438 | -€3,201 | -16.3% |
| Amounts receivable within one year | 40/41 | €1,877 | - | -€1,877 | |
| Trade receivables | 40 | €1,877 | - | -€1,877 | |
| Cash at bank and in hand | 54/58 | €30,778 | €40,974 | +€10,196 | +33.1% |
| Total equity and liabilities | 10/49 | €52,294 | €57,412 | +€5,118 | +9.8% |
| Equity | 10/15 | -€61,305 | -€54,304 | +€7,001 | +11.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,897 | -€72,896 | +€7,001 | +8.8% |
| Amounts payable | 17/49 | €113,599 | €111,716 | -€1,883 | -1.7% |
| Amounts payable within one year | 42/48 | €113,599 | €111,716 | -€1,883 | -1.7% |
| Trade debts | 44 | €5,728 | €10,342 | +€4,614 | +80.6% |
| Suppliers | 440/4 | €5,728 | €10,342 | +€4,614 | +80.6% |
| Taxes, remuneration and social security | 45 | €245 | €748 | +€503 | +205% |
| Taxes | 450/3 | €245 | €748 | +€503 | +205% |
| Other amounts payable | 47/48 | €107,626 | €100,626 | -€7,000 | -6.5% |
| Other operating charges | 640/8 | €791 | €575 | -€216 | -27.3% |
| Gross operating margin | 9900 | €6,401 | €7,516 | +€1,115 | +17.4% |
| Operating profit (loss) | 9901 | €5,610 | €6,941 | +€1,331 | +23.7% |
| Financial income | 75/76B | €56 | €104 | +€48 | +85.7% |
| Recurring financial income | 75 | €56 | €104 | +€48 | +85.7% |
| Financial charges | 65/66B | €519 | €44 | -€475 | -91.5% |
| Recurring financial charges | 65 | €519 | €44 | -€475 | -91.5% |
| Profit (loss) for the period before taxes | 9903 | €5,147 | €7,001 | +€1,854 | +36.0% |
| Profit (loss) for the period | 9904 | €5,147 | €7,001 | +€1,854 | +36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,147 | €7,001 | +€1,854 | +36.0% |
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 2 November 2026 via checked.be.