KEOMA: 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.
KEOMA
Largest movements
- Tangible fixed assets -€45,408
down €45,408 (-22.3%), from €203,178 to €157,771
of which Plant, machinery and equipment: -€33,113
- Receivables within one year -€40,517
down €40,517 (-70.2%), from €57,692 to €17,175
of which Other amounts receivable: -€29,374
- Profit (loss) carried forward -€152,707
down €152,707 (-100%), from €152,707 to €0
- Reserves +€90,000
up €90,000 (+45.1%), from €199,726 to €289,725
- Debts after one year -€25,857
down €25,857 (-36.0%), from €71,888 to €46,031
- Tax, wage and social debts -€5,479
down €5,479 (-19.7%), from €27,804 to €22,325
of which Remuneration and social security: -€3,432
- Gross operating margin +€9,791
up €9,791 (+3.4%), from €290,736 to €300,527
- Taxes +€4,657
up €4,657 (+104%), from €4,490 to €9,147
- Staff costs -€3,105
down €3,105 (-1.5%), from €203,030 to €199,925
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 | €515,383 | €418,181 | -€97,202 | -18.9% |
| Fixed assets | 21/28 | €222,844 | €172,436 | -€50,408 | -22.6% |
| Intangible fixed assets | 21 | €19,665 | €14,665 | -€5,000 | -25.4% |
| Tangible fixed assets | 22/27 | €203,178 | €157,771 | -€45,408 | -22.3% |
| Land and buildings | 22 | €24,102 | €19,145 | -€4,957 | -20.6% |
| Plant, machinery and equipment | 23 | €162,206 | €129,093 | -€33,113 | -20.4% |
| Furniture and vehicles | 24 | €16,870 | €9,533 | -€7,338 | -43.5% |
| Current assets | 29/58 | €292,539 | €245,745 | -€46,794 | -16.0% |
| Stocks and contracts in progress | 3 | €21,204 | €21,795 | +€592 | +2.8% |
| Stocks | 30/36 | €21,204 | €21,795 | +€592 | +2.8% |
| Amounts receivable within one year | 40/41 | €57,692 | €17,175 | -€40,517 | -70.2% |
| Trade receivables | 40 | €11,143 | €0 | -€11,143 | -100% |
| Other amounts receivable | 41 | €46,549 | €17,175 | -€29,374 | -63.1% |
| Cash at bank and in hand | 54/58 | €201,585 | €196,484 | -€5,101 | -2.5% |
| Deferred charges and accrued income | 490/1 | €12,059 | €10,291 | -€1,768 | -14.7% |
| Total equity and liabilities | 10/49 | €515,383 | €418,181 | -€97,202 | -18.9% |
| Equity | 10/15 | €371,033 | €308,325 | -€62,708 | -16.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €199,726 | €289,725 | +€90,000 | +45.1% |
| Distributable reserves | 133 | €199,726 | €289,725 | +€90,000 | +45.1% |
| Profit (loss) carried forward | 14 | €152,707 | €0 | -€152,707 | -100% |
| Amounts payable | 17/49 | €144,350 | €109,856 | -€34,494 | -23.9% |
| Amounts payable after more than one year | 17 | €71,888 | €46,031 | -€25,857 | -36.0% |
| Financial debts | 170/4 | €71,888 | €46,031 | -€25,857 | -36.0% |
| Amounts payable within one year | 42/48 | €72,462 | €62,821 | -€9,640 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €26,655 | €25,857 | -€798 | -3.0% |
| Trade debts | 44 | €18,002 | €14,639 | -€3,363 | -18.7% |
| Suppliers | 440/4 | €18,002 | €14,639 | -€3,363 | -18.7% |
| Taxes, remuneration and social security | 45 | €27,804 | €22,325 | -€5,479 | -19.7% |
| Taxes | 450/3 | €2,047 | €0 | -€2,047 | -100% |
| Remuneration and social security | 454/9 | €25,758 | €22,325 | -€3,432 | -13.3% |
| Accrued charges and deferred income | 492/3 | - | €1,003 | +€1,003 | |
| Remuneration, social security and pensions | 62 | €203,030 | €199,925 | -€3,105 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,885 | €50,408 | +€523 | +1.0% |
| Other operating charges | 640/8 | €5,672 | €5,959 | +€287 | +5.1% |
| Gross operating margin | 9900 | €290,736 | €300,527 | +€9,791 | +3.4% |
| Operating profit (loss) | 9901 | €32,149 | €44,234 | +€12,085 | +37.6% |
| Financial income | 75/76B | €2,317 | €71 | -€2,247 | -96.9% |
| Recurring financial income | 75 | €2,317 | €71 | -€2,247 | -96.9% |
| Financial charges | 65/66B | €2,126 | €1,866 | -€261 | -12.3% |
| Recurring financial charges | 65 | €2,126 | €1,866 | -€261 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €32,340 | €42,439 | +€10,099 | +31.2% |
| Income taxes | 67/77 | €4,490 | €9,147 | +€4,657 | +104% |
| Profit (loss) for the period | 9904 | €27,849 | €33,292 | +€5,443 | +19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,849 | €33,292 | +€5,443 | +19.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.