KEYBOX SERVICE: 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.
KEYBOX SERVICE
Largest movements
- Receivables within one year -€17,004
down €17,004 (-55.2%), from €30,805 to €13,802
of which Trade receivables: -€15,737
- Intangible fixed assets -€3,201
down €3,201 (-46.2%), from €6,932 to €3,732
- Stocks and contracts -€2,553
down €2,553 (-21.0%), from €12,137 to €9,583
- Tangible fixed assets -€1,770
down €1,770 (-33.3%), from €5,316 to €3,546
- Deferred charges and accrued income +€961
up €961 (+1086.1%), from €89 to €1,050
- Trade debts -€16,635
down €16,635 (-57.8%), from €28,787 to €12,152
- Debts after one year -€4,046
down €4,046 (-34.5%), from €11,726 to €7,680
- Other debts -€3,507
down €3,507 (-30.0%), from €11,672 to €8,165
- Profit (loss) carried forward +€632
up €632 (+14.7%), from -€4,310 to -€3,678
- Gross operating margin -€5,949
down €5,949 (-38.8%), from €15,316 to €9,368
- Depreciation -€597
down €597 (-10.7%), from €5,567 to €4,971
- Other operating charges +€438
up €438 (+39.0%), from €1,124 to €1,562
- Financial charges -€396
down €396 (-15.2%), from €2,600 to €2,203
- Staff costs -€376
down €376 (-100.0%), from €376 to €0
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 | €58,579 | €35,013 | -€23,566 | -40.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €12,249 | €7,278 | -€4,971 | -40.6% |
| Intangible fixed assets | 21 | €6,932 | €3,732 | -€3,201 | -46.2% |
| Tangible fixed assets | 22/27 | €5,316 | €3,546 | -€1,770 | -33.3% |
| Plant, machinery and equipment | 23 | €914 | €271 | -€643 | -70.3% |
| Furniture and vehicles | 24 | €705 | €276 | -€429 | -60.8% |
| Other tangible fixed assets | 26 | €3,697 | €2,999 | -€699 | -18.9% |
| Current assets | 29/58 | €46,330 | €27,735 | -€18,596 | -40.1% |
| Stocks and contracts in progress | 3 | €12,137 | €9,583 | -€2,553 | -21.0% |
| Stocks | 30/36 | €12,137 | €9,583 | -€2,553 | -21.0% |
| Amounts receivable within one year | 40/41 | €30,805 | €13,802 | -€17,004 | -55.2% |
| Trade receivables | 40 | €28,717 | €12,980 | -€15,737 | -54.8% |
| Other amounts receivable | 41 | €2,088 | €822 | -€1,266 | -60.6% |
| Cash at bank and in hand | 54/58 | €3,300 | €3,300 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €89 | €1,050 | +€961 | +1086.1% |
| Total equity and liabilities | 10/49 | €58,579 | €35,013 | -€23,566 | -40.2% |
| Equity | 10/15 | -€1,310 | -€678 | +€632 | +48.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,310 | -€3,678 | +€632 | +14.7% |
| Amounts payable | 17/49 | €59,889 | €35,691 | -€24,198 | -40.4% |
| Amounts payable after more than one year | 17 | €11,726 | €7,680 | -€4,046 | -34.5% |
| Financial debts | 170/4 | €11,726 | €7,680 | -€4,046 | -34.5% |
| Amounts payable within one year | 42/48 | €48,163 | €28,011 | -€20,152 | -41.8% |
| Current portion of amounts payable after more than one year | 42 | €3,814 | €4,046 | +€232 | +6.1% |
| Financial debts | 43 | €3,891 | €3,648 | -€243 | -6.2% |
| Credit institutions | 430/8 | €3,891 | €3,648 | -€243 | -6.2% |
| Trade debts | 44 | €28,787 | €12,152 | -€16,635 | -57.8% |
| Suppliers | 440/4 | €28,787 | €12,152 | -€16,635 | -57.8% |
| Other amounts payable | 47/48 | €11,672 | €8,165 | -€3,507 | -30.0% |
| Non-recurring operating income | 76A | €5,303 | €0 | -€5,303 | -100.0% |
| Remuneration, social security and pensions | 62 | €376 | €0 | -€376 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,567 | €4,971 | -€597 | -10.7% |
| Other operating charges | 640/8 | €1,124 | €1,562 | +€438 | +39.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €15,316 | €9,368 | -€5,949 | -38.8% |
| Operating profit (loss) | 9901 | €8,249 | €2,835 | -€5,414 | -65.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €2,600 | €2,203 | -€396 | -15.2% |
| Recurring financial charges | 65 | €2,600 | €2,203 | -€396 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €5,649 | €632 | -€5,017 | -88.8% |
| Profit (loss) for the period | 9904 | €5,649 | €632 | -€5,017 | -88.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,649 | €632 | -€5,017 | -88.8% |
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 11 October 2026 via checked.be.