KEUKELEIRE ELECTRICITEIT: what changed
KEUKELEIRE ELECTRICITEIT
Largest movements
- Cash +€45,296
up €45,296 (+39.5%), from €114,746 to €160,042
mainly Net result for the year (+€30,469) and Depreciation (+€22,582)
- Stocks and contracts +€40,000
up €40,000 (+160%), from €25,000 to €65,000
- Receivables within one year -€20,647
down €20,647 (-11.9%), from €173,025 to €152,378
of which Trade receivables: -€51,016
- Tangible fixed assets -€16,203
down €16,203 (-18.0%), from €89,836 to €73,633
of which Furniture and vehicles: -€21,017
- Profit (loss) carried forward +€30,469
up €30,469 (+9.1%), from €333,166 to €363,635
- Tax, wage and social debts +€14,071
up €14,071 (+67.9%), from €20,728 to €34,799
of which Taxes: +€14,593
- Gross operating margin +€14,449
up €14,449 (+15.0%), from €96,064 to €110,513
- Staff costs +€6,500
up €6,500 (+23.5%), from €27,713 to €34,213
- Financial charges +€4,316
up €4,316 (+590%), from €731 to €5,047
- Financial income -€2,831
down €2,831 (-63.5%), from €4,456 to €1,625
of which Financial income: -€2,749
- Depreciation +€2,223
up €2,223 (+10.9%), from €20,359 to €22,582
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €403,057 | €451,503 | +€48,446 | +12.0% |
| Fixed assets | 21/28 | €90,286 | €74,083 | -€16,203 | -17.9% |
| Tangible fixed assets | 22/27 | €89,836 | €73,633 | -€16,203 | -18.0% |
| Land and buildings | 22 | €29,881 | €34,695 | +€4,814 | +16.1% |
| Furniture and vehicles | 24 | €59,955 | €38,938 | -€21,017 | -35.1% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €312,771 | €377,420 | +€64,649 | +20.7% |
| Stocks and contracts in progress | 3 | €25,000 | €65,000 | +€40,000 | +160% |
| Stocks | 30/36 | €25,000 | €65,000 | +€40,000 | +160% |
| Amounts receivable within one year | 40/41 | €173,025 | €152,378 | -€20,647 | -11.9% |
| Trade receivables | 40 | €107,281 | €56,265 | -€51,016 | -47.6% |
| Other amounts receivable | 41 | €65,744 | €96,113 | +€30,369 | +46.2% |
| Cash at bank and in hand | 54/58 | €114,746 | €160,042 | +€45,296 | +39.5% |
| Total equity and liabilities | 10/49 | €403,057 | €451,503 | +€48,446 | +12.0% |
| Equity | 10/15 | €371,726 | €402,195 | +€30,469 | +8.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €19,968 | €19,968 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €18,109 | €18,109 | = | 0.0% |
| Profit (loss) carried forward | 14 | €333,166 | €363,635 | +€30,469 | +9.1% |
| Amounts payable | 17/49 | €31,331 | €49,308 | +€17,977 | +57.4% |
| Amounts payable within one year | 42/48 | €31,331 | €49,308 | +€17,977 | +57.4% |
| Trade debts | 44 | €10,603 | €14,509 | +€3,906 | +36.8% |
| Suppliers | 440/4 | €10,603 | €14,509 | +€3,906 | +36.8% |
| Taxes, remuneration and social security | 45 | €20,728 | €34,799 | +€14,071 | +67.9% |
| Taxes | 450/3 | €14,647 | €29,240 | +€14,593 | +99.6% |
| Remuneration and social security | 454/9 | €6,081 | €5,559 | -€522 | -8.6% |
| Remuneration, social security and pensions | 62 | €27,713 | €34,213 | +€6,500 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,359 | €22,582 | +€2,223 | +10.9% |
| Other operating charges | 640/8 | €4,750 | €5,234 | +€484 | +10.2% |
| Gross operating margin | 9900 | €96,064 | €110,513 | +€14,449 | +15.0% |
| Operating profit (loss) | 9901 | €43,242 | €48,484 | +€5,242 | +12.1% |
| Financial income | 75/76B | €4,456 | €1,625 | -€2,831 | -63.5% |
| Recurring financial income | 75 | €4,374 | €1,625 | -€2,749 | -62.8% |
| Non-recurring financial income | 76B | €82 | - | -€82 | |
| Financial charges | 65/66B | €731 | €5,047 | +€4,316 | +590% |
| Recurring financial charges | 65 | €731 | €5,047 | +€4,316 | +590% |
| Profit (loss) for the period before taxes | 9903 | €46,967 | €45,062 | -€1,905 | -4.1% |
| Income taxes | 67/77 | €14,648 | €14,593 | -€55 | -0.4% |
| Profit (loss) for the period | 9904 | €32,319 | €30,469 | -€1,850 | -5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,319 | €30,469 | -€1,850 | -5.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.