KEYMEULEN ERIC: 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.
KEYMEULEN ERIC
Largest movements
- Cash -€12,820
down €12,820 (-81.3%), from €15,765 to €2,944
mainly Tax, wage and social debts (-€7,542) and Receivables within one year (-€4,298)
- Receivables within one year +€4,298
up €4,298 (+3.3%), from €130,641 to €134,939
of which Other amounts receivable: +€3,676
- Tax, wage and social debts -€7,542
down €7,542 (-36.8%), from €20,498 to €12,956
- Gross operating margin -€39,180
down €39,180, from €33,380 to -€5,800
- Taxes -€13,830
down €13,830 (-99.2%), from €13,945 to €115
- Depreciation +€362
up €362 (+101%), from €358 to €720
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 | €150,049 | €140,406 | -€9,642 | -6.4% |
| Fixed assets | 21/28 | €3,243 | €2,523 | -€720 | -22.2% |
| Tangible fixed assets | 22/27 | €3,243 | €2,523 | -€720 | -22.2% |
| Furniture and vehicles | 24 | €3,243 | €2,523 | -€720 | -22.2% |
| Current assets | 29/58 | €146,805 | €137,883 | -€8,922 | -6.1% |
| Amounts receivable within one year | 40/41 | €130,641 | €134,939 | +€4,298 | +3.3% |
| Trade receivables | 40 | €1,378 | €2,000 | +€622 | +45.1% |
| Other amounts receivable | 41 | €129,263 | €132,939 | +€3,676 | +2.8% |
| Cash at bank and in hand | 54/58 | €15,765 | €2,944 | -€12,820 | -81.3% |
| Deferred charges and accrued income | 490/1 | €400 | - | -€400 | |
| Total equity and liabilities | 10/49 | €150,049 | €140,406 | -€9,642 | -6.4% |
| Equity | 10/15 | €127,991 | €126,022 | -€1,969 | -1.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €108,059 | €106,700 | -€1,359 | -1.3% |
| Distributable reserves | 133 | €108,059 | €106,700 | -€1,359 | -1.3% |
| Profit (loss) carried forward | 14 | €1,340 | €730 | -€610 | -45.5% |
| Amounts payable | 17/49 | €22,058 | €14,385 | -€7,673 | -34.8% |
| Amounts payable within one year | 42/48 | €22,058 | €14,385 | -€7,673 | -34.8% |
| Trade debts | 44 | €1,560 | €1,429 | -€131 | -8.4% |
| Suppliers | 440/4 | €1,560 | €1,429 | -€131 | -8.4% |
| Taxes, remuneration and social security | 45 | €20,498 | €12,956 | -€7,542 | -36.8% |
| Taxes | 450/3 | €20,498 | €12,956 | -€7,542 | -36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €358 | €720 | +€362 | +101% |
| Other operating charges | 640/8 | €1,268 | €1,104 | -€163 | -12.9% |
| Gross operating margin | 9900 | €33,380 | -€5,800 | -€39,180 | |
| Operating profit (loss) | 9901 | €31,754 | -€7,625 | -€39,378 | |
| Financial income | 75/76B | €7,364 | €7,105 | -€258 | -3.5% |
| Recurring financial income | 75 | €7,364 | €7,105 | -€258 | -3.5% |
| Financial charges | 65/66B | €1,153 | €1,334 | +€181 | +15.7% |
| Recurring financial charges | 65 | €1,153 | €1,334 | +€181 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €37,964 | -€1,854 | -€39,818 | |
| Income taxes | 67/77 | €13,945 | €115 | -€13,830 | -99.2% |
| Profit (loss) for the period | 9904 | €24,019 | -€1,969 | -€25,988 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,019 | -€1,969 | -€25,988 |
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 1 November 2026 via checked.be.