KEO: 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.
KEO
Largest movements
- Receivables within one year +€67,185
up €67,185 (+399.6%), from €16,815 to €84,000
of which Other amounts receivable: +€69,000
- Financial fixed assets +€7,450
up €7,450 (+6.7%), from €111,181 to €118,631
- Profit (loss) carried forward +€43,460
up €43,460 (+74.7%), from €58,206 to €101,666
- Other debts +€39,581
up €39,581 (+72.0%), from €54,965 to €94,546
- Tax, wage and social debts -€7,818
no longer reported in 2024 (was €7,818)
- Financial income +€44,001
new in 2024: €44,001
From the 2023 result to the 2024 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,600 | €204,272 | +€73,672 | +56.4% |
| Fixed assets | 21/28 | €111,181 | €118,631 | +€7,450 | +6.7% |
| Financial fixed assets | 28 | €111,181 | €118,631 | +€7,450 | +6.7% |
| Current assets | 29/58 | €19,419 | €85,641 | +€66,222 | +341.0% |
| Amounts receivable within one year | 40/41 | €16,815 | €84,000 | +€67,185 | +399.6% |
| Trade receivables | 40 | €1,815 | - | -€1,815 | |
| Other amounts receivable | 41 | €15,000 | €84,000 | +€69,000 | +460.0% |
| Cash at bank and in hand | 54/58 | €2,604 | €1,641 | -€963 | -37.0% |
| Total equity and liabilities | 10/49 | €130,600 | €204,272 | +€73,672 | +56.4% |
| Equity | 10/15 | €66,266 | €109,726 | +€43,460 | +65.6% |
| Contributions | 10/11 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €58,206 | €101,666 | +€43,460 | +74.7% |
| Amounts payable | 17/49 | €64,334 | €94,546 | +€30,212 | +47.0% |
| Amounts payable within one year | 42/48 | €64,334 | €94,546 | +€30,212 | +47.0% |
| Trade debts | 44 | €1,551 | - | -€1,551 | |
| Suppliers | 440/4 | €1,551 | - | -€1,551 | |
| Taxes, remuneration and social security | 45 | €7,818 | - | -€7,818 | |
| Taxes | 450/3 | €7,818 | - | -€7,818 | |
| Other amounts payable | 47/48 | €54,965 | €94,546 | +€39,581 | +72.0% |
| Financial income | 75/76B | - | €44,001 | +€44,001 | |
| Recurring financial income | 75 | - | €44,001 | +€44,001 | |
| Financial charges | 65/66B | - | €541 | +€541 | |
| Recurring financial charges | 65 | - | €541 | +€541 | |
| Profit (loss) for the period before taxes | 9903 | - | €43,460 | +€43,460 | |
| Profit (loss) for the period | 9904 | - | €43,460 | +€43,460 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €43,460 | +€43,460 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.