KEY GROUP: what changed
Two fiscal 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 GROUP
Largest movements
- Receivables after one year +€2,881
up €2,881 (+2.6%), from €110,813 to €113,694
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€180
down €180 (-26.3%), from -€684 to -€864
- Other operating charges -€104
down €104 (-17.0%), from €611 to €507
- Financial income +€80
up €80 (+2.7%), from €2,936 to €3,016
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 | €190,636 | €193,605 | +€2,969 | +1.6% |
| Fixed assets | 21/28 | €31,557 | €31,557 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | 0.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €31,557 | €31,557 | = | 0.0% |
| Current assets | 29/58 | €159,079 | €162,048 | +€2,969 | +1.9% |
| Amounts receivable after more than one year | 29 | €110,813 | €113,694 | +€2,881 | +2.6% |
| Other amounts receivable | 291 | €110,813 | €113,694 | +€2,881 | +2.6% |
| Amounts receivable within one year | 40/41 | €48,084 | €48,218 | +€134 | +0.3% |
| Trade receivables | 40 | €14,151 | €14,151 | = | 0.0% |
| Other amounts receivable | 41 | €33,933 | €34,067 | +€134 | +0.4% |
| Cash at bank and in hand | 54/58 | €183 | €136 | -€46 | -25.3% |
| Total equity and liabilities | 10/49 | €190,636 | €193,605 | +€2,969 | +1.6% |
| Equity | 10/15 | €83,064 | €84,379 | +€1,315 | +1.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,891 | €16,206 | +€1,315 | +8.8% |
| Amounts payable | 17/49 | €107,572 | €109,226 | +€1,654 | +1.5% |
| Amounts payable within one year | 42/48 | €107,572 | €109,226 | +€1,654 | +1.5% |
| Trade debts | 44 | €60,116 | €61,100 | +€984 | +1.6% |
| Suppliers | 440/4 | €60,116 | €61,100 | +€984 | +1.6% |
| Other amounts payable | 47/48 | €47,456 | €48,126 | +€670 | +1.4% |
| Other operating charges | 640/8 | €611 | €507 | -€104 | -17.0% |
| Gross operating margin | 9900 | -€684 | -€864 | -€180 | -26.3% |
| Operating profit (loss) | 9901 | -€1,296 | -€1,372 | -€76 | -5.9% |
| Financial income | 75/76B | €2,936 | €3,016 | +€80 | +2.7% |
| Recurring financial income | 75 | €2,936 | €3,016 | +€80 | +2.7% |
| Financial charges | 65/66B | €324 | €329 | +€5 | +1.5% |
| Recurring financial charges | 65 | €324 | €329 | +€5 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €1,316 | €1,315 | -€1 | -0.1% |
| Profit (loss) for the period | 9904 | €1,316 | €1,315 | -€1 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,316 | €1,315 | -€1 | -0.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.