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KEET architecten: 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.

What changed

KEET architecten

BE 0730.819.477
NACE 71.111, Activities of building architects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€3,056
2024 · €21,221-€24,277
Equity
€81,391
2024 · €84,447-€3,056
Cash
€5,038
2024 · €5,753-€715
Balance sheet total
€492,491
2024 · €446,487+€46,004

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€53,184

    up €53,184 (+12.9%), from €411,349 to €464,534

    of which Land and buildings: +€52,269

  • Receivables within one year -€6,223

    down €6,223 (-23.0%), from €27,089 to €20,866

    of which Trade receivables: -€10,890

Equity and liabilities
  • Debts after one year +€45,068

    up €45,068 (+13.8%), from €325,439 to €370,507

  • Other debts +€8,325

    up €8,325 (+112%), from €7,416 to €15,740

Income statement
  • Gross operating margin -€20,005

    down €20,005 (-38.4%), from €52,126 to €32,121

  • Financial charges +€9,421

    up €9,421 (+250%), from €3,769 to €13,189

  • Taxes -€8,420

    down €8,420 (-96.2%), from €8,755 to €335

  • Other operating charges +€2,285

    up €2,285 (+594%), from €384 to €2,669

  • Depreciation +€987

    up €987 (+5.5%), from €18,004 to €18,991

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €21,221
Gross operating margin -€20,005
Depreciation -€987
Other operating charges -€2,285
Financial charges -€9,421
Taxes +€8,420
Result 2025 -€3,056
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€24,668
Investment -€72,176
Financing +€46,793
Cash 2024 €5,753
Net result for the year -€3,056
Depreciation +€18,991
Receivables within one year +€6,223
Deferred charges and accrued income +€243
Trade debts -€1,912
Tax, wage and social debts -€4,145
Other debts +€8,325
Investment in fixed assets (net) -€72,176
Debts after one year +€45,068
Current portion of long-term debt +€1,725
Cash 2025 €5,038
brings cash intakes cash out
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €446,487 €492,491 +€46,004 +10.3%
Fixed assets 21/28 €411,349 €464,534 +€53,184 +12.9%
Tangible fixed assets 22/27 €411,349 €464,534 +€53,184 +12.9%
Land and buildings 22 €405,365 €457,635 +€52,269 +12.9%
Plant, machinery and equipment 23 €5,480 €6,899 +€1,418 +25.9%
Furniture and vehicles 24 €504 €0 -€504 -100%
Current assets 29/58 €35,138 €27,957 -€7,180 -20.4%
Amounts receivable within one year 40/41 €27,089 €20,866 -€6,223 -23.0%
Trade receivables 40 €27,089 €16,199 -€10,890 -40.2%
Other amounts receivable 41 €0 €4,667 +€4,667
Cash at bank and in hand 54/58 €5,753 €5,038 -€715 -12.4%
Deferred charges and accrued income 490/1 €2,295 €2,052 -€243 -10.6%
Total equity and liabilities 10/49 €446,487 €492,491 +€46,004 +10.3%
Equity 10/15 €84,447 €81,391 -€3,056 -3.6%
Contributions 10/11 €25,000 €25,000 = 0.0%
Reserves 13 €59,447 €59,447 = 0.0%
Distributable reserves 133 €59,447 €59,447 = 0.0%
Profit (loss) carried forward 14 - -€3,056 -€3,056
Amounts payable 17/49 €362,040 €411,099 +€49,060 +13.6%
Amounts payable after more than one year 17 €325,439 €370,507 +€45,068 +13.8%
Financial debts 170/4 €325,439 €370,507 +€45,068 +13.8%
Amounts payable within one year 42/48 €36,600 €40,592 +€3,992 +10.9%
Current portion of amounts payable after more than one year 42 €21,011 €22,735 +€1,725 +8.2%
Trade debts 44 €3,471 €1,558 -€1,912 -55.1%
Suppliers 440/4 €3,471 €1,558 -€1,912 -55.1%
Taxes, remuneration and social security 45 €4,703 €558 -€4,145 -88.1%
Taxes 450/3 €4,703 €558 -€4,145 -88.1%
Other amounts payable 47/48 €7,416 €15,740 +€8,325 +112%
Accrued charges and deferred income 492/3 €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,004 €18,991 +€987 +5.5%
Other operating charges 640/8 €384 €2,669 +€2,285 +594%
Gross operating margin 9900 €52,126 €32,121 -€20,005 -38.4%
Operating profit (loss) 9901 €33,737 €10,461 -€23,277 -69.0%
Financial income 75/76B €7 €7 = 0.0%
Recurring financial income 75 €7 €7 = 0.0%
Financial charges 65/66B €3,769 €13,189 +€9,421 +250%
Recurring financial charges 65 €3,769 €13,189 +€9,421 +250%
Profit (loss) for the period before taxes 9903 €29,976 -€2,722 -€32,697
Income taxes 67/77 €8,755 €335 -€8,420 -96.2%
Profit (loss) for the period 9904 €21,221 -€3,056 -€24,277
Profit (loss) for the period to be appropriated 9905 €21,221 -€3,056 -€24,277

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 26 October 2026 via checked.be.