Keukenhome: 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.
Keukenhome
Largest movements
- Stocks and contracts -€111,938
down €111,938 (-94.6%), from €118,361 to €6,423
of which Stocks: -€110,563
- Receivables within one year +€90,418
up €90,418 (+108%), from €83,995 to €174,413
of which Trade receivables: +€90,328
- Tangible fixed assets -€88,343
down €88,343 (-80.9%), from €109,203 to €20,859
of which Other tangible fixed assets: -€72,810
- Deferred charges and accrued income -€10,465
down €10,465 (-98.0%), from €10,677 to €212
- Cash -€4,699
down €4,699 (-40.1%), from €11,731 to €7,033
mainly Receivables within one year (-€90,418) and Net result for the year (-€51,129)
- Profit (loss) carried forward -€51,129
down €51,129 (-24.8%), from -€205,919 to -€257,048
- Other debts -€36,647
down €36,647 (-15.9%), from €229,822 to €193,175
- Trade debts -€27,460
down €27,460 (-23.4%), from €117,581 to €90,121
- Debts after one year -€21,035
down €21,035 (-75.2%), from €27,983 to €6,948
- Short-term financial debts +€6,958
up €6,958 (+8.3%), from €83,512 to €90,469
- Staff costs -€58,650
down €58,650 (-44.8%), from €130,892 to €72,242
- Gross operating margin +€32,414
up €32,414 (+26.4%), from €122,652 to €155,066
- Financial charges +€15,660
up €15,660 (+116%), from €13,555 to €29,215
- Depreciation -€14,917
down €14,917 (-50.9%), from €29,326 to €14,409
- Other operating charges +€3,629
up €3,629 (+305%), from €1,192 to €4,821
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 | €336,110 | €210,034 | -€126,076 | -37.5% |
| Fixed assets | 21/28 | €111,344 | €21,953 | -€89,391 | -80.3% |
| Intangible fixed assets | 21 | €1,858 | €810 | -€1,048 | -56.4% |
| Tangible fixed assets | 22/27 | €109,203 | €20,859 | -€88,343 | -80.9% |
| Plant, machinery and equipment | 23 | €2,899 | €0 | -€2,899 | -100% |
| Furniture and vehicles | 24 | €33,493 | €20,859 | -€12,634 | -37.7% |
| Other tangible fixed assets | 26 | €72,810 | €0 | -€72,810 | -100% |
| Financial fixed assets | 28 | €283 | €283 | = | 0.0% |
| Current assets | 29/58 | €224,765 | €188,081 | -€36,684 | -16.3% |
| Stocks and contracts in progress | 3 | €118,361 | €6,423 | -€111,938 | -94.6% |
| Stocks | 30/36 | €116,986 | €6,423 | -€110,563 | -94.5% |
| Contracts in progress | 37 | €1,375 | €0 | -€1,375 | -100% |
| Amounts receivable within one year | 40/41 | €83,995 | €174,413 | +€90,418 | +108% |
| Trade receivables | 40 | €82,980 | €173,308 | +€90,328 | +109% |
| Other amounts receivable | 41 | €1,016 | €1,105 | +€90 | +8.8% |
| Cash at bank and in hand | 54/58 | €11,731 | €7,033 | -€4,699 | -40.1% |
| Deferred charges and accrued income | 490/1 | €10,677 | €212 | -€10,465 | -98.0% |
| Total equity and liabilities | 10/49 | €336,110 | €210,034 | -€126,076 | -37.5% |
| Equity | 10/15 | -€151,885 | -€203,014 | -€51,129 | -33.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,434 | €35,434 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €33,574 | €33,574 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€205,919 | -€257,048 | -€51,129 | -24.8% |
| Amounts payable | 17/49 | €487,994 | €413,048 | -€74,947 | -15.4% |
| Amounts payable after more than one year | 17 | €27,983 | €6,948 | -€21,035 | -75.2% |
| Financial debts | 170/4 | €27,983 | €6,948 | -€21,035 | -75.2% |
| Amounts payable within one year | 42/48 | €458,836 | €406,100 | -€52,736 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €21,427 | €21,035 | -€392 | -1.8% |
| Financial debts | 43 | €83,512 | €90,469 | +€6,958 | +8.3% |
| Credit institutions | 430/8 | €83,512 | €90,469 | +€6,958 | +8.3% |
| Trade debts | 44 | €117,581 | €90,121 | -€27,460 | -23.4% |
| Suppliers | 440/4 | €117,581 | €90,121 | -€27,460 | -23.4% |
| Taxes, remuneration and social security | 45 | €6,494 | €11,299 | +€4,805 | +74.0% |
| Taxes | 450/3 | €2,223 | €6,828 | +€4,605 | +207% |
| Remuneration and social security | 454/9 | €4,271 | €4,471 | +€200 | +4.7% |
| Other amounts payable | 47/48 | €229,822 | €193,175 | -€36,647 | -15.9% |
| Accrued charges and deferred income | 492/3 | €1,175 | €0 | -€1,175 | -100% |
| Non-recurring operating income | 76A | - | €22,935 | +€22,935 | |
| Remuneration, social security and pensions | 62 | €130,892 | €72,242 | -€58,650 | -44.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,326 | €14,409 | -€14,917 | -50.9% |
| Other operating charges | 640/8 | €1,192 | €4,821 | +€3,629 | +305% |
| Non-recurring operating charges | 66A | €4,350 | €86,116 | +€81,766 | +1,880% |
| Gross operating margin | 9900 | €122,652 | €155,066 | +€32,414 | +26.4% |
| Operating profit (loss) | 9901 | -€43,107 | -€22,521 | +€20,586 | +47.8% |
| Financial income | 75/76B | €1,523 | €786 | -€737 | -48.4% |
| Recurring financial income | 75 | €1,523 | €786 | -€737 | -48.4% |
| Financial charges | 65/66B | €13,555 | €29,215 | +€15,660 | +116% |
| Recurring financial charges | 65 | €13,555 | €29,215 | +€15,660 | +116% |
| Profit (loss) for the period before taxes | 9903 | -€55,139 | -€50,951 | +€4,189 | +7.6% |
| Income taxes | 67/77 | €298 | €178 | -€120 | -40.1% |
| Profit (loss) for the period | 9904 | -€55,437 | -€51,129 | +€4,308 | +7.8% |
| Transfer from tax-exempt reserves | 789 | €53,400 | €0 | -€53,400 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,037 | -€51,129 | -€49,092 | -2,410% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.