Keen Solutions: what changed
Two fiscal 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.
Keen Solutions
Largest movements
- Cash +€7,293
up €7,293 (+21.8%), from €33,390 to €40,683
mainly Net result for the year (+€29,395) and Other debts (+€12,165)
- Deferred charges and accrued income +€4,084
new in 2025: €4,084
- Tangible fixed assets -€1,722
down €1,722 (-25.0%), from €6,899 to €5,176
- Other debts +€12,165
up €12,165 (+101.4%), from €12,000 to €24,165
- Tax, wage and social debts -€7,968
down €7,968 (-47.2%), from €16,879 to €8,911
of which Taxes: -€8,916
- Profit (loss) carried forward +€5,395
up €5,395 (+18.5%), from €29,183 to €34,578
- Gross operating margin -€12,995
down €12,995 (-24.7%), from €52,547 to €39,553
- Taxes -€3,087
down €3,087 (-28.2%), from €10,933 to €7,846
- Depreciation +€1,438
up €1,438 (+506.3%), from €284 to €1,722
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 | €64,068 | €73,804 | +€9,736 | +15.2% |
| Fixed assets | 21/28 | €6,899 | €5,176 | -€1,722 | -25.0% |
| Tangible fixed assets | 22/27 | €6,899 | €5,176 | -€1,722 | -25.0% |
| Furniture and vehicles | 24 | €6,899 | €5,176 | -€1,722 | -25.0% |
| Current assets | 29/58 | €57,169 | €68,628 | +€11,459 | +20.0% |
| Amounts receivable within one year | 40/41 | €23,779 | €23,861 | +€82 | +0.3% |
| Trade receivables | 40 | €23,420 | €23,861 | +€442 | +1.9% |
| Other amounts receivable | 41 | €360 | - | -€360 | |
| Cash at bank and in hand | 54/58 | €33,390 | €40,683 | +€7,293 | +21.8% |
| Deferred charges and accrued income | 490/1 | - | €4,084 | +€4,084 | |
| Total equity and liabilities | 10/49 | €64,068 | €73,804 | +€9,736 | +15.2% |
| Equity | 10/15 | €35,183 | €40,578 | +€5,395 | +15.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,183 | €34,578 | +€5,395 | +18.5% |
| Amounts payable | 17/49 | €28,885 | €33,226 | +€4,341 | +15.0% |
| Amounts payable within one year | 42/48 | €28,885 | €33,226 | +€4,341 | +15.0% |
| Trade debts | 44 | €6 | €150 | +€144 | +2500.9% |
| Suppliers | 440/4 | €6 | €150 | +€144 | +2500.9% |
| Taxes, remuneration and social security | 45 | €16,879 | €8,911 | -€7,968 | -47.2% |
| Taxes | 450/3 | €16,879 | €7,963 | -€8,916 | -52.8% |
| Remuneration and social security | 454/9 | - | €948 | +€948 | |
| Other amounts payable | 47/48 | €12,000 | €24,165 | +€12,165 | +101.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €284 | €1,722 | +€1,438 | +506.3% |
| Other operating charges | 640/8 | - | €66 | +€66 | |
| Gross operating margin | 9900 | €52,547 | €39,553 | -€12,995 | -24.7% |
| Operating profit (loss) | 9901 | €52,263 | €37,765 | -€14,499 | -27.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €148 | €524 | +€376 | +254.8% |
| Recurring financial charges | 65 | €148 | €524 | +€376 | +254.8% |
| Profit (loss) for the period before taxes | 9903 | €52,116 | €37,241 | -€14,875 | -28.5% |
| Income taxes | 67/77 | €10,933 | €7,846 | -€3,087 | -28.2% |
| Profit (loss) for the period | 9904 | €41,183 | €29,395 | -€11,788 | -28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €41,183 | €29,395 | -€11,788 | -28.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.