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KEYCOACHING: 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.

What changed

KEYCOACHING

BE 0458.088.240
NACE 85.599, Other education
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€38,871
2024 · -€4,063+€42,933
Equity
€61,665
2024 · €22,794+€38,871
Cash
€71,700
2024 · €43,760+€27,940
Balance sheet total
€106,243
2024 · €60,981+€45,262

Largest movements

2024 to 2025
Assets
  • Cash +€27,940

    up €27,940 (+63.8%), from €43,760 to €71,700

    mainly Net result for the year (+€38,871) and Tax, wage and social debts (+€4,325)

  • Receivables within one year +€18,528

    up €18,528 (+149.7%), from €12,373 to €30,901

    of which Trade receivables: +€14,116

Equity and liabilities
  • Reserves +€38,871

    up €38,871 (+926.7%), from €4,194 to €43,065

    of which Distributable reserves: +€38,871

  • Tax, wage and social debts +€4,325

    up €4,325 (+3165.2%), from €137 to €4,462

  • Trade debts +€2,091

    up €2,091 (+8200.3%), from €26 to €2,117

Income statement
  • Gross operating margin +€45,201

    up €45,201, from -€2,110 to €43,091

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€4,063
Gross operating margin +€45,201
Depreciation +€23
Other operating charges +€115
Other operating items -€2,154
Financial income -€210
Financial charges -€154
Taxes +€113
Result 2025 €38,871

Cash bridge derived

cash 2024 to 2025

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.

From operations +€27,940
Investment €0
Financing €0
Cash 2024 €43,760
Net result for the year +€38,871
Depreciation +€975
Receivables within one year -€18,528
Deferred charges and accrued income +€231
Trade debts +€2,091
Tax, wage and social debts +€4,325
Other debts -€25
Cash 2025 €71,700
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €60,981 €106,243 +€45,262 +74.2%
Fixed assets 21/28 €3,706 €2,730 -€975 -26.3%
Tangible fixed assets 22/27 €3,706 €2,730 -€975 -26.3%
Furniture and vehicles 24 €3,706 €2,730 -€975 -26.3%
Current assets 29/58 €57,275 €103,512 +€46,237 +80.7%
Amounts receivable within one year 40/41 €12,373 €30,901 +€18,528 +149.7%
Trade receivables 40 €11,253 €25,369 +€14,116 +125.4%
Other amounts receivable 41 €1,120 €5,531 +€4,412 +394.0%
Cash at bank and in hand 54/58 €43,760 €71,700 +€27,940 +63.8%
Deferred charges and accrued income 490/1 €1,142 €911 -€231 -20.2%
Total equity and liabilities 10/49 €60,981 €106,243 +€45,262 +74.2%
Equity 10/15 €22,794 €61,665 +€38,871 +170.5%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €4,194 €43,065 +€38,871 +926.7%
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Tax-exempt reserves 132 €112 €112 = 0.0%
Distributable reserves 133 €4,082 €42,953 +€38,871 +952.2%
Profit (loss) carried forward 14 €0 - =
Amounts payable 17/49 €38,186 €44,578 +€6,391 +16.7%
Amounts payable within one year 42/48 €38,186 €44,578 +€6,391 +16.7%
Trade debts 44 €26 €2,117 +€2,091 +8200.3%
Suppliers 440/4 €26 €2,117 +€2,091 +8200.3%
Taxes, remuneration and social security 45 €137 €4,462 +€4,325 +3165.2%
Taxes 450/3 €137 €4,462 +€4,325 +3165.2%
Other amounts payable 47/48 €38,024 €37,999 -€25 -0.1%
Non-recurring operating income 76A €0 €5,375 +€5,375
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €998 €975 -€23 -2.3%
Other operating charges 640/8 €738 €623 -€115 -15.6%
Non-recurring operating charges 66A €299 €2,453 +€2,154 +719.6%
Gross operating margin 9900 -€2,110 €43,091 +€45,201
Operating profit (loss) 9901 -€4,145 €39,040 +€43,185
Financial income 75/76B €372 €162 -€210 -56.3%
Recurring financial income 75 €372 €162 -€210 -56.3%
Financial charges 65/66B €153 €307 +€154 +101.0%
Recurring financial charges 65 €153 €307 +€154 +101.0%
Profit (loss) for the period before taxes 9903 -€3,926 €38,895 +€42,821
Income taxes 67/77 €137 €24 -€113 -82.5%
Profit (loss) for the period 9904 -€4,063 €38,871 +€42,933
Profit (loss) for the period to be appropriated 9905 -€4,063 €38,871 +€42,933

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.