KeyOB: 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.
KeyOB
Largest movements
- Tangible fixed assets -€11,605
down €11,605 (-24.6%), from €47,176 to €35,571
of which Furniture and vehicles: -€6,759
- Cash -€5,441
down €5,441 (-27.5%), from €19,787 to €14,346
mainly Debts after one year (-€7,652) and Receivables within one year (-€3,568)
- Receivables within one year +€3,568
up €3,568 (+525.1%), from €679 to €4,247
of which Other amounts receivable: +€3,568
- Debts after one year -€7,652
down €7,652 (-30.4%), from €25,143 to €17,491
- Profit (loss) carried forward -€2,895
down €2,895 (-15.3%), from €18,864 to €15,969
- Current portion of long-term debt -€2,888
down €2,888 (-27.4%), from €10,539 to €7,652
- Trade debts +€1,010
up €1,010 (+1010.5%), from €100 to €1,110
- Tax, wage and social debts -€956
down €956 (-13.4%), from €7,117 to €6,161
of which Taxes: -€956
- Turnover -€83,109
no longer reported in 2025 (was €83,109)
- Purchases and services -€64,342
no longer reported in 2025 (was €64,342)
- Gross operating margin -€12,414
down €12,414 (-45.0%), from €27,560 to €15,146
- Depreciation +€3,356
up €3,356 (+31.5%), from €10,666 to €14,021
- Taxes -€2,620
down €2,620 (-76.4%), from €3,431 to €810
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 | €67,972 | €54,583 | -€13,389 | -19.7% |
| Fixed assets | 21/28 | €47,176 | €35,571 | -€11,605 | -24.6% |
| Tangible fixed assets | 22/27 | €47,176 | €35,571 | -€11,605 | -24.6% |
| Land and buildings | 22 | €1,956 | €1,456 | -€500 | -25.6% |
| Plant, machinery and equipment | 23 | €7,887 | €3,541 | -€4,346 | -55.1% |
| Furniture and vehicles | 24 | €37,333 | €30,574 | -€6,759 | -18.1% |
| Current assets | 29/58 | €20,796 | €19,012 | -€1,784 | -8.6% |
| Amounts receivable within one year | 40/41 | €679 | €4,247 | +€3,568 | +525.1% |
| Trade receivables | 40 | €679 | €679 | = | 0.0% |
| Other amounts receivable | 41 | - | €3,568 | +€3,568 | |
| Cash at bank and in hand | 54/58 | €19,787 | €14,346 | -€5,441 | -27.5% |
| Deferred charges and accrued income | 490/1 | €329 | €418 | +€89 | +27.2% |
| Total equity and liabilities | 10/49 | €67,972 | €54,583 | -€13,389 | -19.7% |
| Equity | 10/15 | €25,064 | €22,169 | -€2,895 | -11.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,864 | €15,969 | -€2,895 | -15.3% |
| Amounts payable | 17/49 | €42,908 | €32,414 | -€10,494 | -24.5% |
| Amounts payable after more than one year | 17 | €25,143 | €17,491 | -€7,652 | -30.4% |
| Financial debts | 170/4 | €25,143 | €17,491 | -€7,652 | -30.4% |
| Amounts payable within one year | 42/48 | €17,765 | €14,923 | -€2,842 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €10,539 | €7,652 | -€2,888 | -27.4% |
| Trade debts | 44 | €100 | €1,110 | +€1,010 | +1010.5% |
| Suppliers | 440/4 | €100 | €1,110 | +€1,010 | +1010.5% |
| Taxes, remuneration and social security | 45 | €7,117 | €6,161 | -€956 | -13.4% |
| Taxes | 450/3 | €7,117 | €6,161 | -€956 | -13.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €9 | - | -€9 | |
| Turnover | 70 | €83,109 | - | -€83,109 | |
| Non-recurring operating income | 76A | €7,000 | - | -€7,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €64,342 | - | -€64,342 | |
| Remuneration, social security and pensions | 62 | €1,770 | - | -€1,770 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,666 | €14,021 | +€3,356 | +31.5% |
| Other operating charges | 640/8 | €180 | €1,079 | +€899 | +499.2% |
| Gross operating margin | 9900 | €27,560 | €15,146 | -€12,414 | -45.0% |
| Operating profit (loss) | 9901 | €14,944 | €45 | -€14,898 | -99.7% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €1,370 | €2,130 | +€760 | +55.5% |
| Recurring financial charges | 65 | €1,370 | €2,130 | +€760 | +55.5% |
| Profit (loss) for the period before taxes | 9903 | €13,580 | -€2,085 | -€15,664 | |
| Income taxes | 67/77 | €3,431 | €810 | -€2,620 | -76.4% |
| Profit (loss) for the period | 9904 | €10,149 | -€2,895 | -€13,044 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,149 | -€2,895 | -€13,044 |
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 9 October 2026 via checked.be.