Keravik: 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.
Keravik
Largest movements
- Tangible fixed assets -€1,402
down €1,402 (-18.0%), from €7,777 to €6,375
of which Furniture and vehicles: -€2,550
- Cash +€1,040
up €1,040 (+5.6%), from €18,409 to €19,449
mainly Trade debts (+€4,234) and Depreciation (+€3,290)
- Receivables within one year -€708
down €708 (-4.4%), from €16,138 to €15,430
of which Other amounts receivable: -€776
- Trade debts +€4,234
up €4,234, from €0 to €4,234
- Tax, wage and social debts -€3,643
down €3,643 (-35.6%), from €10,245 to €6,602
of which Taxes: -€3,662
- Debts after one year -€2,588
down €2,588 (-59.1%), from €4,381 to €1,793
- Reserves +€810
new in 2025: €810
- Gross operating margin +€6,391
up €6,391, from -€541 to €5,850
- Depreciation +€2,096
up €2,096 (+175%), from €1,194 to €3,290
- Other operating charges +€668
up €668 (+266%), from €251 to €919
- Write-downs +€543
new in 2025: €543
- Taxes +€108
up €108, from €0 to €108
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 | €42,324 | €41,254 | -€1,070 | -2.5% |
| Fixed assets | 21/28 | €7,777 | €6,375 | -€1,402 | -18.0% |
| Tangible fixed assets | 22/27 | €7,777 | €6,375 | -€1,402 | -18.0% |
| Plant, machinery and equipment | 23 | €1,102 | €662 | -€440 | -40.0% |
| Furniture and vehicles | 24 | €6,675 | €4,125 | -€2,550 | -38.2% |
| Other tangible fixed assets | 26 | - | €1,588 | +€1,588 | |
| Current assets | 29/58 | €34,547 | €34,879 | +€332 | +1.0% |
| Amounts receivable within one year | 40/41 | €16,138 | €15,430 | -€708 | -4.4% |
| Trade receivables | 40 | €11,742 | €11,810 | +€68 | +0.6% |
| Other amounts receivable | 41 | €4,397 | €3,621 | -€776 | -17.7% |
| Cash at bank and in hand | 54/58 | €18,409 | €19,449 | +€1,040 | +5.6% |
| Total equity and liabilities | 10/49 | €42,324 | €41,254 | -€1,070 | -2.5% |
| Equity | 10/15 | €25,228 | €26,038 | +€810 | +3.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €810 | +€810 | |
| Distributable reserves | 133 | - | €810 | +€810 | |
| Profit (loss) carried forward | 14 | €20,228 | €20,228 | = | 0.0% |
| Amounts payable | 17/49 | €17,097 | €15,217 | -€1,880 | -11.0% |
| Amounts payable after more than one year | 17 | €4,381 | €1,793 | -€2,588 | -59.1% |
| Financial debts | 170/4 | €4,381 | €1,793 | -€2,588 | -59.1% |
| Amounts payable within one year | 42/48 | €12,716 | €13,424 | +€708 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €2,471 | €2,588 | +€117 | +4.8% |
| Trade debts | 44 | €0 | €4,234 | +€4,234 | |
| Suppliers | 440/4 | €0 | €4,234 | +€4,234 | |
| Taxes, remuneration and social security | 45 | €10,245 | €6,602 | -€3,643 | -35.6% |
| Taxes | 450/3 | €8,070 | €4,408 | -€3,662 | -45.4% |
| Remuneration and social security | 454/9 | €2,175 | €2,194 | +€19 | +0.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,194 | €3,290 | +€2,096 | +175% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €543 | +€543 | |
| Other operating charges | 640/8 | €251 | €919 | +€668 | +266% |
| Gross operating margin | 9900 | -€541 | €5,850 | +€6,391 | |
| Operating profit (loss) | 9901 | -€1,986 | €1,098 | +€3,085 | |
| Financial income | 75/76B | €126 | €136 | +€10 | +8.1% |
| Recurring financial income | 75 | €126 | €136 | +€10 | +8.1% |
| Financial charges | 65/66B | €349 | €316 | -€33 | -9.5% |
| Recurring financial charges | 65 | €349 | €316 | -€33 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,210 | €918 | +€3,128 | |
| Income taxes | 67/77 | €0 | €108 | +€108 | |
| Profit (loss) for the period | 9904 | -€2,210 | €810 | +€3,020 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,210 | €810 | +€3,020 |
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 15 October 2026 via checked.be.