KEY LARGO ESTATES: 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 LARGO ESTATES
Largest movements
- Receivables within one year -€32,649
down €32,649 (-84.6%), from €38,592 to €5,944
of which Trade receivables: -€28,797
- Cash +€29,861
up €29,861 (+99.1%), from €30,137 to €59,998
mainly Receivables within one year (+€32,649) and Net result for the year (+€15,043)
- Tangible fixed assets -€10,650
down €10,650 (-2.8%), from €375,779 to €365,129
of which Land and buildings: -€10,650
- Reserves +€15,000
up €15,000 (+31.3%), from €48,000 to €63,000
of which Distributable reserves: +€15,000
- Other debts -€12,323
down €12,323 (-4.1%), from €300,756 to €288,433
- Accrued charges and deferred income -€6,479
down €6,479 (-74.0%), from €8,756 to €2,277
- Trade debts -€5,219
down €5,219 (-100.0%), from €5,219 to €0
- Gross operating margin +€6,710
up €6,710 (+15.6%), from €43,100 to €49,810
- Financial income -€2,848
down €2,848 (-99.8%), from €2,853 to €5
- Financial charges +€2,737
up €2,737 (+31.1%), from €8,815 to €11,553
- Taxes -€1,405
down €1,405 (-29.5%), from €4,755 to €3,351
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 | €448,679 | €435,245 | -€13,434 | -3.0% |
| Fixed assets | 21/28 | €379,057 | €368,407 | -€10,650 | -2.8% |
| Tangible fixed assets | 22/27 | €375,779 | €365,129 | -€10,650 | -2.8% |
| Land and buildings | 22 | €287,138 | €276,487 | -€10,650 | -3.7% |
| Other tangible fixed assets | 26 | €88,641 | €88,641 | = | 0.0% |
| Financial fixed assets | 28 | €3,278 | €3,278 | = | 0.0% |
| Current assets | 29/58 | €69,622 | €66,838 | -€2,784 | -4.0% |
| Amounts receivable within one year | 40/41 | €38,592 | €5,944 | -€32,649 | -84.6% |
| Trade receivables | 40 | €33,037 | €4,240 | -€28,797 | -87.2% |
| Other amounts receivable | 41 | €5,556 | €1,704 | -€3,852 | -69.3% |
| Current investments | 50/53 | €893 | €897 | +€4 | +0.4% |
| Cash at bank and in hand | 54/58 | €30,137 | €59,998 | +€29,861 | +99.1% |
| Total equity and liabilities | 10/49 | €448,679 | €435,245 | -€13,434 | -3.0% |
| Equity | 10/15 | €129,492 | €144,535 | +€15,043 | +11.6% |
| Contributions | 10/11 | €81,000 | €81,000 | = | 0.0% |
| Capital | 10 | €81,000 | €81,000 | = | 0.0% |
| Issued capital | 100 | €81,000 | €81,000 | = | 0.0% |
| Reserves | 13 | €48,000 | €63,000 | +€15,000 | +31.3% |
| Non-distributable reserves | 130/1 | €35,000 | €35,000 | = | 0.0% |
| Legal reserve | 130 | €35,000 | €35,000 | = | 0.0% |
| Distributable reserves | 133 | €13,000 | €28,000 | +€15,000 | +115.4% |
| Profit (loss) carried forward | 14 | €492 | €535 | +€43 | +8.7% |
| Amounts payable | 17/49 | €319,188 | €290,710 | -€28,477 | -8.9% |
| Amounts payable within one year | 42/48 | €310,432 | €288,433 | -€21,998 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €5,219 | €0 | -€5,219 | -100.0% |
| Suppliers | 440/4 | €5,219 | €0 | -€5,219 | -100.0% |
| Taxes, remuneration and social security | 45 | €4,456 | €0 | -€4,456 | -100.0% |
| Taxes | 450/3 | €4,456 | €0 | -€4,456 | -100.0% |
| Other amounts payable | 47/48 | €300,756 | €288,433 | -€12,323 | -4.1% |
| Accrued charges and deferred income | 492/3 | €8,756 | €2,277 | -€6,479 | -74.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,650 | €10,650 | = | 0.0% |
| Other operating charges | 640/8 | €8,928 | €9,219 | +€291 | +3.3% |
| Gross operating margin | 9900 | €43,100 | €49,810 | +€6,710 | +15.6% |
| Operating profit (loss) | 9901 | €23,522 | €29,941 | +€6,418 | +27.3% |
| Financial income | 75/76B | €2,853 | €5 | -€2,848 | -99.8% |
| Recurring financial income | 75 | €2,853 | €5 | -€2,848 | -99.8% |
| Financial charges | 65/66B | €8,815 | €11,553 | +€2,737 | +31.1% |
| Recurring financial charges | 65 | €8,815 | €11,553 | +€2,737 | +31.1% |
| Profit (loss) for the period before taxes | 9903 | €17,560 | €18,394 | +€834 | +4.7% |
| Income taxes | 67/77 | €4,755 | €3,351 | -€1,405 | -29.5% |
| Profit (loss) for the period | 9904 | €12,805 | €15,043 | +€2,238 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,805 | €15,043 | +€2,238 | +17.5% |
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 12 October 2026 via checked.be.