KEYRUS: 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
KEYRUS
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€680,116
2023 · €687,504-€7,388
Equity
€7.0m
2023 · €6.3m+€680,116
Cash
€1.9m
2023 · €2.2m-€243,405
Balance sheet total
€14.1m
2023 · €14.9m-€792,994
Largest movements
Assets
- Deferred charges and accrued income -€433,898
down €433,898 (-68.3%), from €635,027 to €201,130
- Cash -€243,405
down €243,405 (-11.2%), from €2.2m to €1.9m
mainly Trade debts (-€641,927) and Accrued charges and deferred income (-€456,105)
- Receivables within one year -€232,711
down €232,711 (-3.1%), from €7.6m to €7.4m
of which Other amounts receivable: -€362,431
Equity and liabilities
- Trade debts -€641,927
down €641,927 (-13.6%), from €4.7m to €4.1m
- Profit (loss) carried forward +€469,616
up €469,616 (+12.5%), from €3.8m to €4.2m
- Accrued charges and deferred income -€456,105
down €456,105 (-51.8%), from €879,898 to €423,793
- Tax, wage and social debts -€292,702
down €292,702 (-10.4%), from €2.8m to €2.5m
of which Remuneration and social security: -€337,147
- Reserves +€210,500
up €210,500 (+8.6%), from €2.4m to €2.6m
of which Distributable reserves: +€235,760
Income statement
- Turnover -€1.7m
down €1.7m (-7.6%), from €22.1m to €20.4m
- Goods and materials -€1.6m
down €1.6m (-18.1%), from €8.6m to €7.0m
From the 2023 result to the 2024 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 2023
€687,504
Turnover
-€1.7m
Other operating income
+€139,012
Goods and materials
+€1.6m
Services and other goods
-€180,558
Staff costs
-€163,584
Depreciation
-€44,334
Other operating charges
+€1,855
Other operating items
+€299,418
Financial income
+€39,134
Financial charges
+€18,824
Taxes
+€6,639
Result 2024
€680,116
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€158,272
Investment
-€319,301
Financing
-€82,375
Cash 2023
€2.2m
From operations (derived)
+€158,272
Net result for the year
+€680,116
Depreciation
+€216,221
Receivables after one year
-€13,940
Receivables within one year
+€232,711
Deferred charges and accrued income
+€433,898
Trade debts
-€641,927
Tax, wage and social debts
-€292,702
Accrued charges and deferred income
-€456,105
Investment (derived)
-€319,301
Investment in fixed assets (net)
-€319,301
Financing
-€82,375
Short-term financial debts
-€82,375
Cash 2024
€1.9m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,889,077 | €14,096,083 | -€792,994 | -5.3% |
| Fixed assets | 21/28 | €3,916,340 | €4,019,420 | +€103,080 | +2.6% |
| Intangible fixed assets | 21 | €165,824 | €301,112 | +€135,288 | +81.6% |
| Tangible fixed assets | 22/27 | €65,739 | €33,196 | -€32,544 | -49.5% |
| Plant, machinery and equipment | 23 | €53,349 | €33,140 | -€20,208 | -37.9% |
| Furniture and vehicles | 24 | €10,156 | - | -€10,156 | |
| Other tangible fixed assets | 26 | €723 | €55 | -€668 | -92.3% |
| Assets under construction and advance payments | 27 | €1,511 | - | -€1,511 | |
| Financial fixed assets | 28 | €3,684,777 | €3,685,113 | +€336 | 0.0% |
| Affiliated companies | 280/1 | €3,639,930 | €3,639,930 | = | 0.0% |
| Participating interests | 280 | €3,639,930 | €3,639,930 | = | 0.0% |
| Other financial fixed assets | 284/8 | €44,847 | €45,183 | +€336 | +0.7% |
| Amounts receivable and cash guarantees | 285/8 | €44,847 | €45,183 | +€336 | +0.7% |
| Current assets | 29/58 | €10,972,736 | €10,076,662 | -€896,074 | -8.2% |
| Amounts receivable after more than one year | 29 | €554,125 | €568,065 | +€13,940 | +2.5% |
| Other amounts receivable | 291 | €554,125 | €568,065 | +€13,940 | +2.5% |
| Amounts receivable within one year | 40/41 | €7,619,135 | €7,386,424 | -€232,711 | -3.1% |
| Trade receivables | 40 | €4,114,584 | €4,244,303 | +€129,720 | +3.2% |
| Other amounts receivable | 41 | €3,504,552 | €3,142,120 | -€362,431 | -10.3% |
| Cash at bank and in hand | 54/58 | €2,164,449 | €1,921,044 | -€243,405 | -11.2% |
| Deferred charges and accrued income | 490/1 | €635,027 | €201,130 | -€433,898 | -68.3% |
| Total equity and liabilities | 10/49 | €14,889,077 | €14,096,083 | -€792,994 | -5.3% |
| Equity | 10/15 | €6,319,598 | €6,999,714 | +€680,116 | +10.8% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €2,436,480 | €2,646,980 | +€210,500 | +8.6% |
| Non-distributable reserves | 130/1 | €18,700 | €18,700 | = | 0.0% |
| Legal reserve | 130 | €18,700 | €18,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €917,780 | €892,520 | -€25,260 | -2.8% |
| Distributable reserves | 133 | €1,500,000 | €1,735,760 | +€235,760 | +15.7% |
| Profit (loss) carried forward | 14 | €3,758,118 | €4,227,734 | +€469,616 | +12.5% |
| Amounts payable | 17/49 | €8,569,478 | €7,096,369 | -€1.5m | -17.2% |
| Amounts payable within one year | 42/48 | €7,689,581 | €6,672,576 | -€1.0m | -13.2% |
| Financial debts | 43 | €158,414 | €76,038 | -€82,375 | -52.0% |
| Credit institutions | 430/8 | €158,414 | €76,038 | -€82,375 | -52.0% |
| Trade debts | 44 | €4,726,446 | €4,084,519 | -€641,927 | -13.6% |
| Suppliers | 440/4 | €4,726,446 | €4,084,519 | -€641,927 | -13.6% |
| Taxes, remuneration and social security | 45 | €2,804,721 | €2,512,018 | -€292,702 | -10.4% |
| Taxes | 450/3 | €633,096 | €677,540 | +€44,445 | +7.0% |
| Remuneration and social security | 454/9 | €2,171,625 | €1,834,478 | -€337,147 | -15.5% |
| Accrued charges and deferred income | 492/3 | €879,898 | €423,793 | -€456,105 | -51.8% |
| Operating income | 70/76A | €24,007,942 | €22,770,893 | -€1.2m | -5.2% |
| Turnover | 70 | €22,103,175 | €20,426,997 | -€1.7m | -7.6% |
| Own construction capitalised | 72 | - | €300,000 | +€300,000 | |
| Other operating income | 74 | €1,904,767 | €2,043,778 | +€139,012 | +7.3% |
| Non-recurring operating income | 76A | - | €117 | +€117 | |
| Operating charges | 60/66A | €22,798,959 | €21,633,895 | -€1.2m | -5.1% |
| Goods for resale, raw materials and consumables | 60 | €8,584,928 | €7,032,544 | -€1.6m | -18.1% |
| Purchases | 600/8 | €8,584,928 | €7,032,544 | -€1.6m | -18.1% |
| Services and other goods | 61 | €4,903,014 | €5,083,572 | +€180,558 | +3.7% |
| Remuneration, social security and pensions | 62 | €9,136,262 | €9,299,846 | +€163,584 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171,888 | €216,221 | +€44,334 | +25.8% |
| Other operating charges | 640/8 | €2,868 | €1,012 | -€1,855 | -64.7% |
| Non-recurring operating charges | 66A | - | €699 | +€699 | |
| Operating profit (loss) | 9901 | €1,208,982 | €1,136,997 | -€71,985 | -6.0% |
| Financial income | 75/76B | €138,171 | €177,305 | +€39,134 | +28.3% |
| Recurring financial income | 75 | €138,171 | €177,305 | +€39,134 | +28.3% |
| Income from current assets | 751 | €54,059 | €114,022 | +€59,963 | +110.9% |
| Other financial income | 752/9 | €84,112 | €63,283 | -€20,829 | -24.8% |
| Financial charges | 65/66B | €292,550 | €273,726 | -€18,824 | -6.4% |
| Recurring financial charges | 65 | €292,550 | €273,726 | -€18,824 | -6.4% |
| Debt charges | 650 | €290,484 | €272,166 | -€18,318 | -6.3% |
| Other financial charges | 652/9 | €2,066 | €1,560 | -€506 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €1,054,604 | €1,040,576 | -€14,028 | -1.3% |
| Income taxes | 67/77 | €367,100 | €360,461 | -€6,639 | -1.8% |
| Taxes | 670/3 | €367,100 | €360,461 | -€6,639 | -1.8% |
| Profit (loss) for the period | 9904 | €687,504 | €680,116 | -€7,388 | -1.1% |
| Transfer to tax-exempt reserves | 689 | €210,500 | €210,500 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €477,004 | €469,616 | -€7,388 | -1.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.