KeyFox Management: 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.
KeyFox Management
Largest movements
- Receivables within one year +€11,917
up €11,917 (+57.0%), from €20,898 to €32,815
of which Trade receivables: +€15,553
- Profit (loss) carried forward +€9,816
up €9,816 (+7.3%), from -€134,817 to -€125,001
- Other debts -€5,882
down €5,882 (-4.7%), from €125,517 to €119,635
- Tax, wage and social debts +€5,319
new in 2025: €5,319
- Trade debts +€2,365
up €2,365 (+355.0%), from €666 to €3,031
- Gross operating margin +€6,472
up €6,472 (+158.4%), from €4,086 to €10,558
- Other operating charges -€929
down €929 (-62.5%), from €1,488 to €559
- Financial charges -€538
down €538 (-74.6%), from €721 to €183
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 | €21,366 | €32,985 | +€11,619 | +54.4% |
| Fixed assets | 21/28 | €166 | €166 | = | 0.0% |
| Financial fixed assets | 28 | €166 | €166 | = | 0.0% |
| Current assets | 29/58 | €21,200 | €32,819 | +€11,619 | +54.8% |
| Amounts receivable within one year | 40/41 | €20,898 | €32,815 | +€11,917 | +57.0% |
| Trade receivables | 40 | €17,262 | €32,815 | +€15,553 | +90.1% |
| Other amounts receivable | 41 | €3,636 | - | -€3,636 | |
| Cash at bank and in hand | 54/58 | €2 | €4 | +€2 | +103.5% |
| Deferred charges and accrued income | 490/1 | €300 | - | -€300 | |
| Total equity and liabilities | 10/49 | €21,366 | €32,985 | +€11,619 | +54.4% |
| Equity | 10/15 | -€104,817 | -€95,001 | +€9,816 | +9.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Capital | 10 | €30,000 | €30,000 | = | 0.0% |
| Issued capital | 100 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€134,817 | -€125,001 | +€9,816 | +7.3% |
| Amounts payable | 17/49 | €126,183 | €127,985 | +€1,802 | +1.4% |
| Amounts payable within one year | 42/48 | €126,183 | €127,985 | +€1,802 | +1.4% |
| Trade debts | 44 | €666 | €3,031 | +€2,365 | +355.0% |
| Suppliers | 440/4 | €666 | €3,031 | +€2,365 | +355.0% |
| Taxes, remuneration and social security | 45 | - | €5,319 | +€5,319 | |
| Taxes | 450/3 | - | €5,319 | +€5,319 | |
| Other amounts payable | 47/48 | €125,517 | €119,635 | -€5,882 | -4.7% |
| Other operating charges | 640/8 | €1,488 | €559 | -€929 | -62.5% |
| Gross operating margin | 9900 | €4,086 | €10,558 | +€6,472 | +158.4% |
| Operating profit (loss) | 9901 | €2,598 | €9,999 | +€7,401 | +284.9% |
| Financial charges | 65/66B | €721 | €183 | -€538 | -74.6% |
| Recurring financial charges | 65 | €721 | €183 | -€538 | -74.6% |
| Profit (loss) for the period before taxes | 9903 | €1,877 | €9,817 | +€7,940 | +423.0% |
| Profit (loss) for the period | 9904 | €1,877 | €9,817 | +€7,940 | +423.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,877 | €9,817 | +€7,940 | +423.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.