KETY: 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.
KETY
Largest movements
- Cash -€16,973
down €16,973 (-48.5%), from €34,988 to €18,015
mainly Net result for the year (-€17,376) and Tax, wage and social debts (-€8,547)
- Receivables within one year -€8,558
down €8,558 (-30.6%), from €27,951 to €19,393
of which Trade receivables: -€6,232
- Tangible fixed assets -€7,207
down €7,207 (-26.4%), from €27,282 to €20,075
of which Leasing and similar rights: -€5,818
- Profit (loss) carried forward -€17,376
down €17,376 (-35.7%), from €48,635 to €31,260
- Tax, wage and social debts -€8,547
down €8,547 (-58.6%), from €14,589 to €6,042
of which Taxes: -€6,152
- Trade debts -€7,229
down €7,229 (-90.2%), from €8,016 to €787
- Other debts +€3,333
up €3,333 (+77.1%), from €4,323 to €7,655
- Debts after one year -€3,091
down €3,091 (-31.7%), from €9,740 to €6,649
- Turnover -€46,862
down €46,862 (-22.7%), from €206,551 to €159,688
- Gross operating margin -€35,283
down €35,283 (-60.1%), from €58,731 to €23,447
- Purchases and services -€11,731
down €11,731 (-7.4%), from €159,455 to €147,724
- Taxes -€6,152
down €6,152 (-95.0%), from €6,478 to €326
- Staff costs +€5,778
up €5,778 (+26.7%), from €21,618 to €27,396
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.
Cash bridge derived
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 | €90,221 | €57,483 | -€32,738 | -36.3% |
| Fixed assets | 21/28 | €27,282 | €20,075 | -€7,207 | -26.4% |
| Tangible fixed assets | 22/27 | €27,282 | €20,075 | -€7,207 | -26.4% |
| Plant, machinery and equipment | 23 | €1,410 | €940 | -€470 | -33.3% |
| Furniture and vehicles | 24 | €2,601 | €1,682 | -€919 | -35.3% |
| Leasing and similar rights | 25 | €23,271 | €17,453 | -€5,818 | -25.0% |
| Current assets | 29/58 | €62,939 | €37,408 | -€25,531 | -40.6% |
| Amounts receivable within one year | 40/41 | €27,951 | €19,393 | -€8,558 | -30.6% |
| Trade receivables | 40 | €22,616 | €16,384 | -€6,232 | -27.6% |
| Other amounts receivable | 41 | €5,335 | €3,010 | -€2,326 | -43.6% |
| Cash at bank and in hand | 54/58 | €34,988 | €18,015 | -€16,973 | -48.5% |
| Total equity and liabilities | 10/49 | €90,221 | €57,483 | -€32,738 | -36.3% |
| Equity | 10/15 | €50,635 | €33,260 | -€17,376 | -34.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,635 | €31,260 | -€17,376 | -35.7% |
| Amounts payable | 17/49 | €39,585 | €24,224 | -€15,362 | -38.8% |
| Amounts payable after more than one year | 17 | €9,740 | €6,649 | -€3,091 | -31.7% |
| Financial debts | 170/4 | €9,740 | €6,649 | -€3,091 | -31.7% |
| Amounts payable within one year | 42/48 | €29,845 | €17,575 | -€12,270 | -41.1% |
| Current portion of amounts payable after more than one year | 42 | €2,918 | €3,091 | +€174 | +5.9% |
| Trade debts | 44 | €8,016 | €787 | -€7,229 | -90.2% |
| Suppliers | 440/4 | €8,016 | €787 | -€7,229 | -90.2% |
| Taxes, remuneration and social security | 45 | €14,589 | €6,042 | -€8,547 | -58.6% |
| Taxes | 450/3 | €6,478 | €326 | -€6,152 | -95.0% |
| Remuneration and social security | 454/9 | €8,111 | €5,716 | -€2,395 | -29.5% |
| Other amounts payable | 47/48 | €4,323 | €7,655 | +€3,333 | +77.1% |
| Turnover | 70 | €206,551 | €159,688 | -€46,862 | -22.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €159,455 | €147,724 | -€11,731 | -7.4% |
| Remuneration, social security and pensions | 62 | €21,618 | €27,396 | +€5,778 | +26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,413 | €7,207 | -€206 | -2.8% |
| Other operating charges | 640/8 | €1,008 | €1,451 | +€443 | +44.0% |
| Gross operating margin | 9900 | €58,731 | €23,447 | -€35,283 | -60.1% |
| Operating profit (loss) | 9901 | €28,692 | -€12,607 | -€41,298 | |
| Financial income | 75/76B | €2 | €21 | +€19 | +879.7% |
| Recurring financial income | 75 | €2 | €21 | +€19 | +879.7% |
| Financial charges | 65/66B | €1,982 | €4,465 | +€2,483 | +125.3% |
| Recurring financial charges | 65 | €1,982 | €4,465 | +€2,483 | +125.3% |
| Profit (loss) for the period before taxes | 9903 | €26,712 | -€17,050 | -€43,762 | |
| Income taxes | 67/77 | €6,478 | €326 | -€6,152 | -95.0% |
| Profit (loss) for the period | 9904 | €20,234 | -€17,376 | -€37,610 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,234 | -€17,376 | -€37,610 |
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 11 October 2026 via checked.be.