KEYMA - VISION: 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.
KEYMA - VISION
Largest movements
- Deferred charges and accrued income -€40,000
no longer reported in 2025 (was €40,000)
- Cash -€22,921
down €22,921 (-64.0%), from €35,795 to €12,874
mainly Other debts (-€50,788) and Receivables within one year (-€6,709)
- Receivables within one year +€6,709
new in 2025: €6,709
- Tangible fixed assets -€3,098
no longer reported in 2025 (was €3,098)
of which Furniture and vehicles: -€2,325
- Other debts -€50,788
no longer reported in 2025 (was €50,788)
- Profit (loss) carried forward -€5,138
down €5,138 (-19.4%), from -€26,443 to -€31,581
- Trade debts -€3,603
no longer reported in 2025 (was €3,603)
- Accrued charges and deferred income +€795
new in 2025: €795
- Gross operating margin -€17,043
down €17,043, from €13,469 to -€3,574
- Depreciation -€1,481
down €1,481 (-63.4%), from €2,337 to €856
- Other operating charges -€727
down €727 (-53.9%), from €1,348 to €621
- Financial charges -€266
down €266 (-75.4%), from €353 to €87
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 | €78,975 | €19,665 | -€59,310 | -75.1% |
| Fixed assets | 21/28 | €3,180 | €82 | -€3,098 | -97.4% |
| Tangible fixed assets | 22/27 | €3,098 | - | -€3,098 | |
| Plant, machinery and equipment | 23 | €773 | - | -€773 | |
| Furniture and vehicles | 24 | €2,325 | - | -€2,325 | |
| Financial fixed assets | 28 | €82 | €82 | = | 0.0% |
| Current assets | 29/58 | €75,795 | €19,583 | -€56,212 | -74.2% |
| Amounts receivable within one year | 40/41 | - | €6,709 | +€6,709 | |
| Other amounts receivable | 41 | - | €6,709 | +€6,709 | |
| Cash at bank and in hand | 54/58 | €35,795 | €12,874 | -€22,921 | -64.0% |
| Deferred charges and accrued income | 490/1 | €40,000 | - | -€40,000 | |
| Total equity and liabilities | 10/49 | €78,975 | €19,665 | -€59,310 | -75.1% |
| Equity | 10/15 | €24,008 | €18,870 | -€5,138 | -21.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €31,859 | €31,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,443 | -€31,581 | -€5,138 | -19.4% |
| Amounts payable | 17/49 | €54,967 | €795 | -€54,172 | -98.6% |
| Amounts payable within one year | 42/48 | €54,967 | - | -€54,967 | |
| Trade debts | 44 | €3,603 | - | -€3,603 | |
| Suppliers | 440/4 | €3,603 | - | -€3,603 | |
| Taxes, remuneration and social security | 45 | €576 | - | -€576 | |
| Taxes | 450/3 | €576 | - | -€576 | |
| Other amounts payable | 47/48 | €50,788 | - | -€50,788 | |
| Accrued charges and deferred income | 492/3 | - | €795 | +€795 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,337 | €856 | -€1,481 | -63.4% |
| Other operating charges | 640/8 | €1,348 | €621 | -€727 | -53.9% |
| Gross operating margin | 9900 | €13,469 | -€3,574 | -€17,043 | |
| Operating profit (loss) | 9901 | €9,784 | -€5,051 | -€14,835 | |
| Financial charges | 65/66B | €353 | €87 | -€266 | -75.4% |
| Recurring financial charges | 65 | €353 | €87 | -€266 | -75.4% |
| Profit (loss) for the period before taxes | 9903 | €9,431 | -€5,138 | -€14,569 | |
| Income taxes | 67/77 | €132 | - | -€132 | |
| Profit (loss) for the period | 9904 | €9,299 | -€5,138 | -€14,437 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,299 | -€5,138 | -€14,437 |
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 7 October 2026 via checked.be.