Key Rent: 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 Rent
Largest movements
- Receivables within one year -€86,978
down €86,978 (-99.9%), from €87,078 to €100
of which Other amounts receivable: -€86,777
- Cash +€59,027
up €59,027, from €0 to €59,027
mainly Receivables within one year (+€86,978) and Advances received (+€2,157)
- Other debts -€14,988
down €14,988 (-53.6%), from €27,989 to €13,001
- Gross operating margin -€3,299
down €3,299 (-44.6%), from €7,397 to €4,098
- Other operating charges -€630
down €630 (-38.1%), from €1,653 to €1,023
- Financial charges +€266
up €266 (+39.3%), from €677 to €944
- Taxes -€144
down €144 (-66.6%), from €217 to €73
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 | €939,995 | €912,044 | -€27,951 | -3.0% |
| Fixed assets | 21/28 | €852,918 | €852,918 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €852,918 | €852,918 | = | 0.0% |
| Current assets | 29/58 | €87,078 | €59,127 | -€27,951 | -32.1% |
| Amounts receivable within one year | 40/41 | €87,078 | €100 | -€86,978 | -99.9% |
| Trade receivables | 40 | €300 | €100 | -€200 | -66.7% |
| Other amounts receivable | 41 | €86,777 | - | -€86,777 | |
| Cash at bank and in hand | 54/58 | €0 | €59,027 | +€59,027 | |
| Total equity and liabilities | 10/49 | €939,995 | €912,044 | -€27,951 | -3.0% |
| Equity | 10/15 | €890,297 | €892,355 | +€2,059 | +0.2% |
| Contributions | 10/11 | €158,701 | €158,701 | = | 0.0% |
| Capital | 10 | €130,000 | €130,000 | = | 0.0% |
| Issued capital | 100 | €130,000 | €130,000 | = | 0.0% |
| Contributions outside capital | 11 | €28,701 | €28,701 | = | 0.0% |
| Share premium | 1100/10 | €28,701 | €28,701 | = | 0.0% |
| Reserves | 13 | €746,521 | €746,521 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,514 | €17,514 | = | 0.0% |
| Legal reserve | 130 | €13,000 | €13,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,514 | €4,514 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €672,757 | €672,757 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,925 | -€12,866 | +€2,059 | +13.8% |
| Amounts payable | 17/49 | €49,699 | €19,689 | -€30,010 | -60.4% |
| Amounts payable within one year | 42/48 | €49,699 | €19,689 | -€30,010 | -60.4% |
| Current portion of amounts payable after more than one year | 42 | €4,500 | - | -€4,500 | |
| Financial debts | 43 | €1,161 | - | -€1,161 | |
| Credit institutions | 430/8 | €1,161 | - | -€1,161 | |
| Trade debts | 44 | €9,765 | €1,057 | -€8,708 | -89.2% |
| Suppliers | 440/4 | €9,765 | €1,057 | -€8,708 | -89.2% |
| Advances received on contracts in progress | 46 | - | €2,157 | +€2,157 | |
| Taxes, remuneration and social security | 45 | €6,285 | €3,475 | -€2,810 | -44.7% |
| Taxes | 450/3 | €6,285 | €3,475 | -€2,810 | -44.7% |
| Other amounts payable | 47/48 | €27,989 | €13,001 | -€14,988 | -53.6% |
| Other operating charges | 640/8 | €1,653 | €1,023 | -€630 | -38.1% |
| Gross operating margin | 9900 | €7,397 | €4,098 | -€3,299 | -44.6% |
| Operating profit (loss) | 9901 | €5,744 | €3,075 | -€2,670 | -46.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €677 | €944 | +€266 | +39.3% |
| Recurring financial charges | 65 | €677 | €944 | +€266 | +39.3% |
| Profit (loss) for the period before taxes | 9903 | €5,068 | €2,131 | -€2,936 | -57.9% |
| Income taxes | 67/77 | €217 | €73 | -€144 | -66.6% |
| Profit (loss) for the period | 9904 | €4,851 | €2,059 | -€2,792 | -57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,851 | €2,059 | -€2,792 | -57.6% |
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 20 October 2026 via checked.be.