KEY STEAD COMPANY: 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 STEAD COMPANY
Largest movements
- Receivables within one year -€31,329
down €31,329 (-99.5%), from €31,488 to €159
of which Trade receivables: -€31,488
- Tangible fixed assets +€17,113
up €17,113 (+11.4%), from €150,766 to €167,879
of which Plant, machinery and equipment: +€11,722
- Cash -€5,867
down €5,867 (-53.0%), from €11,065 to €5,198
mainly Investment in fixed assets (net) (-€30,736) and Net result for the year (-€12,539)
- Profit (loss) carried forward -€12,539
down €12,539 (-49.2%), from €25,482 to €12,944
- Other debts +€11,330
up €11,330 (+7.9%), from €143,986 to €155,316
- Tax, wage and social debts -€9,947
down €9,947 (-97.8%), from €10,167 to €220
- Trade debts -€8,733
down €8,733 (-94.1%), from €9,277 to €544
- Gross operating margin -€17,419
down €17,419 (-85.7%), from €20,336 to €2,917
- Depreciation +€3,712
up €3,712 (+37.4%), from €9,911 to €13,623
- Taxes -€1,796
down €1,796, from €1,770 to -€26
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 | €194,460 | €174,756 | -€19,704 | -10.1% |
| Fixed assets | 21/28 | €151,366 | €168,479 | +€17,113 | +11.3% |
| Tangible fixed assets | 22/27 | €150,766 | €167,879 | +€17,113 | +11.4% |
| Land and buildings | 22 | €105,532 | €104,598 | -€934 | -0.9% |
| Plant, machinery and equipment | 23 | €25,552 | €37,275 | +€11,722 | +45.9% |
| Furniture and vehicles | 24 | €19,681 | €26,007 | +€6,325 | +32.1% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €43,094 | €6,277 | -€36,817 | -85.4% |
| Amounts receivable within one year | 40/41 | €31,488 | €159 | -€31,329 | -99.5% |
| Trade receivables | 40 | €31,488 | - | -€31,488 | |
| Other amounts receivable | 41 | - | €159 | +€159 | |
| Cash at bank and in hand | 54/58 | €11,065 | €5,198 | -€5,867 | -53.0% |
| Deferred charges and accrued income | 490/1 | €541 | €920 | +€379 | +69.9% |
| Total equity and liabilities | 10/49 | €194,460 | €174,756 | -€19,704 | -10.1% |
| Equity | 10/15 | €30,482 | €17,944 | -€12,539 | -41.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,482 | €12,944 | -€12,539 | -49.2% |
| Amounts payable | 17/49 | €163,978 | €156,813 | -€7,165 | -4.4% |
| Amounts payable within one year | 42/48 | €163,431 | €156,080 | -€7,350 | -4.5% |
| Trade debts | 44 | €9,277 | €544 | -€8,733 | -94.1% |
| Suppliers | 440/4 | €9,277 | €544 | -€8,733 | -94.1% |
| Taxes, remuneration and social security | 45 | €10,167 | €220 | -€9,947 | -97.8% |
| Taxes | 450/3 | €10,167 | €220 | -€9,947 | -97.8% |
| Other amounts payable | 47/48 | €143,986 | €155,316 | +€11,330 | +7.9% |
| Accrued charges and deferred income | 492/3 | €548 | €733 | +€185 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,911 | €13,623 | +€3,712 | +37.4% |
| Other operating charges | 640/8 | €1,634 | €1,718 | +€85 | +5.2% |
| Gross operating margin | 9900 | €20,336 | €2,917 | -€17,419 | -85.7% |
| Operating profit (loss) | 9901 | €8,791 | -€12,424 | -€21,215 | |
| Financial income | 75/76B | - | €117 | +€117 | |
| Recurring financial income | 75 | - | €117 | +€117 | |
| Financial charges | 65/66B | €376 | €258 | -€119 | -31.5% |
| Recurring financial charges | 65 | €376 | €258 | -€119 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | €8,415 | -€12,564 | -€20,980 | |
| Income taxes | 67/77 | €1,770 | -€26 | -€1,796 | |
| Profit (loss) for the period | 9904 | €6,645 | -€12,539 | -€19,183 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,645 | -€12,539 | -€19,183 |
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 26 October 2026 via checked.be.