KEIENVEN: 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.
KEIENVEN
Largest movements
- Receivables within one year +€50,000
up €50,000 (+46.2%), from €108,120 to €158,120
- Cash -€30,417
down €30,417 (-51.9%), from €58,568 to €28,151
mainly Receivables within one year (-€50,000) and Contributions, distributions and other (-€41,188)
- Other debts +€40,438
up €40,438 (+270%), from €15,000 to €55,438
- Reserves -€23,318
down €23,318 (-12.0%), from €195,000 to €171,682
of which Distributable reserves: -€23,318
- Taxes +€3,396
up €3,396 (+42.7%), from €7,949 to €11,345
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 | €431,431 | €448,514 | +€17,083 | +4.0% |
| Fixed assets | 21/28 | €262,242 | €262,242 | = | 0.0% |
| Tangible fixed assets | 22/27 | €262,242 | €262,242 | = | 0.0% |
| Land and buildings | 22 | €262,242 | €262,242 | = | 0.0% |
| Current assets | 29/58 | €169,189 | €186,272 | +€17,083 | +10.1% |
| Amounts receivable within one year | 40/41 | €108,120 | €158,120 | +€50,000 | +46.2% |
| Other amounts receivable | 41 | €108,120 | €158,120 | +€50,000 | +46.2% |
| Cash at bank and in hand | 54/58 | €58,568 | €28,151 | -€30,417 | -51.9% |
| Deferred charges and accrued income | 490/1 | €2,500 | €0 | -€2,500 | -100% |
| Total equity and liabilities | 10/49 | €431,431 | €448,514 | +€17,083 | +4.0% |
| Equity | 10/15 | €409,883 | €386,565 | -€23,318 | -5.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Contributions outside capital | 11 | €100,000 | €100,000 | = | 0.0% |
| Share premium | 1100/10 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €195,000 | €171,682 | -€23,318 | -12.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €185,000 | €161,682 | -€23,318 | -12.6% |
| Profit (loss) carried forward | 14 | €114,883 | €114,883 | = | 0.0% |
| Amounts payable | 17/49 | €21,548 | €61,949 | +€40,401 | +187% |
| Amounts payable within one year | 42/48 | €19,248 | €59,949 | +€40,701 | +211% |
| Trade debts | 44 | €1,331 | €1,452 | +€121 | +9.1% |
| Suppliers | 440/4 | €1,331 | €1,452 | +€121 | +9.1% |
| Taxes, remuneration and social security | 45 | €2,917 | €3,060 | +€143 | +4.9% |
| Taxes | 450/3 | €0 | €141 | +€141 | |
| Remuneration and social security | 454/9 | €2,917 | €2,919 | +€2 | +0.1% |
| Other amounts payable | 47/48 | €15,000 | €55,438 | +€40,438 | +270% |
| Accrued charges and deferred income | 492/3 | €2,300 | €2,000 | -€300 | -13.0% |
| Remuneration, social security and pensions | 62 | €40,157 | €40,507 | +€351 | +0.9% |
| Other operating charges | 640/8 | €6,188 | €6,380 | +€192 | +3.1% |
| Gross operating margin | 9900 | €76,463 | €76,581 | +€118 | +0.2% |
| Operating profit (loss) | 9901 | €30,118 | €29,694 | -€425 | -1.4% |
| Financial charges | 65/66B | €480 | €479 | -€1 | -0.2% |
| Recurring financial charges | 65 | €480 | €479 | -€1 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €29,638 | €29,214 | -€424 | -1.4% |
| Income taxes | 67/77 | €7,949 | €11,345 | +€3,396 | +42.7% |
| Profit (loss) for the period | 9904 | €21,689 | €17,870 | -€3,820 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,689 | €17,870 | -€3,820 | -17.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.