KEY GRIP SYSTEMS WALLONIA: 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.
KEY GRIP SYSTEMS WALLONIA
Largest movements
- Tangible fixed assets -€168,090
down €168,090 (-23.3%), from €722,582 to €554,492
of which Plant, machinery and equipment: -€164,409
- Intangible fixed assets +€69,417
up €69,417 (+11,907%), from €583 to €70,000
- Receivables within one year +€53,311
up €53,311 (+82.4%), from €64,723 to €118,034
of which Trade receivables: +€68,829
- Debts after one year -€259,372
down €259,372 (-79.7%), from €325,435 to €66,063
- Current portion of long-term debt +€102,621
up €102,621 (+36.3%), from €282,618 to €385,239
- Other debts +€49,894
up €49,894 (+3,799%), from €1,313 to €51,207
- Tax, wage and social debts +€25,607
up €25,607 (+143%), from €17,949 to €43,556
of which Taxes: +€22,375
- Trade debts +€17,820
up €17,820 (+48.6%), from €36,631 to €54,451
- Gross operating margin +€34,358
up €34,358 (+9.3%), from €367,845 to €402,203
- Staff costs +€19,226
up €19,226 (+23.7%), from €81,146 to €100,371
- Depreciation +€13,618
up €13,618 (+5.4%), from €253,618 to €267,236
- Financial charges -€8,211
down €8,211 (-34.0%), from €24,157 to €15,945
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 | €814,103 | €767,863 | -€46,241 | -5.7% |
| Fixed assets | 21/28 | €724,315 | €625,642 | -€98,673 | -13.6% |
| Intangible fixed assets | 21 | €583 | €70,000 | +€69,417 | +11,907% |
| Tangible fixed assets | 22/27 | €722,582 | €554,492 | -€168,090 | -23.3% |
| Plant, machinery and equipment | 23 | €714,645 | €550,235 | -€164,409 | -23.0% |
| Furniture and vehicles | 24 | €232 | €42 | -€190 | -82.0% |
| Other tangible fixed assets | 26 | €7,705 | €4,215 | -€3,490 | -45.3% |
| Financial fixed assets | 28 | €1,150 | €1,150 | = | 0.0% |
| Current assets | 29/58 | €89,789 | €142,221 | +€52,432 | +58.4% |
| Amounts receivable within one year | 40/41 | €64,723 | €118,034 | +€53,311 | +82.4% |
| Trade receivables | 40 | €49,205 | €118,034 | +€68,829 | +140% |
| Other amounts receivable | 41 | €15,518 | - | -€15,518 | |
| Cash at bank and in hand | 54/58 | €17,129 | €14,676 | -€2,453 | -14.3% |
| Deferred charges and accrued income | 490/1 | €7,937 | €9,511 | +€1,574 | +19.8% |
| Total equity and liabilities | 10/49 | €814,103 | €767,863 | -€46,241 | -5.7% |
| Equity | 10/15 | €147,762 | €160,095 | +€12,334 | +8.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,762 | €127,095 | +€12,334 | +10.7% |
| Amounts payable | 17/49 | €666,342 | €607,767 | -€58,575 | -8.8% |
| Amounts payable after more than one year | 17 | €325,435 | €66,063 | -€259,372 | -79.7% |
| Financial debts | 170/4 | €325,435 | €66,063 | -€259,372 | -79.7% |
| Amounts payable within one year | 42/48 | €338,511 | €541,704 | +€203,193 | +60.0% |
| Current portion of amounts payable after more than one year | 42 | €282,618 | €385,239 | +€102,621 | +36.3% |
| Financial debts | 43 | - | €7,250 | +€7,250 | |
| Credit institutions | 430/8 | - | €7,250 | +€7,250 | |
| Trade debts | 44 | €36,631 | €54,451 | +€17,820 | +48.6% |
| Suppliers | 440/4 | €36,631 | €54,451 | +€17,820 | +48.6% |
| Taxes, remuneration and social security | 45 | €17,949 | €43,556 | +€25,607 | +143% |
| Taxes | 450/3 | €3,842 | €26,217 | +€22,375 | +582% |
| Remuneration and social security | 454/9 | €14,107 | €17,339 | +€3,232 | +22.9% |
| Other amounts payable | 47/48 | €1,313 | €51,207 | +€49,894 | +3,799% |
| Accrued charges and deferred income | 492/3 | €2,396 | - | -€2,396 | |
| Remuneration, social security and pensions | 62 | €81,146 | €100,371 | +€19,226 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €253,618 | €267,236 | +€13,618 | +5.4% |
| Other operating charges | 640/8 | €1,376 | €465 | -€911 | -66.2% |
| Gross operating margin | 9900 | €367,845 | €402,203 | +€34,358 | +9.3% |
| Operating profit (loss) | 9901 | €31,705 | €34,131 | +€2,425 | +7.6% |
| Financial charges | 65/66B | €24,157 | €15,945 | -€8,211 | -34.0% |
| Recurring financial charges | 65 | €24,157 | €15,945 | -€8,211 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €7,549 | €18,185 | +€10,637 | +141% |
| Income taxes | 67/77 | €3,060 | €5,852 | +€2,792 | +91.3% |
| Profit (loss) for the period | 9904 | €4,489 | €12,334 | +€7,845 | +175% |
| Profit (loss) for the period to be appropriated | 9905 | €4,489 | €12,334 | +€7,845 | +175% |
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 23 October 2026 via checked.be.