Keyrus EPM ROW: 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.
Keyrus EPM ROW
Largest movements
- Financial fixed assets +€1.2m
up €1.2m (+21.7%), from €5.5m to €6.7m
- Other debts +€1.5m
up €1.5m (+28.1%), from €5.5m to €7.0m
- Profit (loss) carried forward -€303,031
down €303,031 (-155%), from -€194,897 to -€497,928
- Financial income -€123,446
no longer reported in 2025 (was €123,446)
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 | €5,522,637 | €6,763,405 | +€1.2m | +22.5% |
| Fixed assets | 21/28 | €5,498,120 | €6,689,140 | +€1.2m | +21.7% |
| Financial fixed assets | 28 | €5,498,120 | €6,689,140 | +€1.2m | +21.7% |
| Affiliated companies | 280/1 | €5,498,120 | €6,689,140 | +€1.2m | +21.7% |
| Participating interests | 280 | €5,498,120 | €6,689,140 | +€1.2m | +21.7% |
| Current assets | 29/58 | €24,517 | €74,265 | +€49,748 | +203% |
| Amounts receivable within one year | 40/41 | €4,517 | €15,140 | +€10,623 | +235% |
| Other amounts receivable | 41 | €4,517 | €15,140 | +€10,623 | +235% |
| Cash at bank and in hand | 54/58 | €20,000 | €59,125 | +€39,125 | +196% |
| Total equity and liabilities | 10/49 | €5,522,637 | €6,763,405 | +€1.2m | +22.5% |
| Equity | 10/15 | €30,071 | -€272,960 | -€303,031 | |
| Contributions | 10/11 | €224,968 | €224,968 | = | 0.0% |
| Capital | 10 | €224,968 | €224,968 | = | 0.0% |
| Issued capital | 100 | €224,968 | €224,968 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€194,897 | -€497,928 | -€303,031 | -155% |
| Amounts payable | 17/49 | €5,492,566 | €7,036,365 | +€1.5m | +28.1% |
| Amounts payable within one year | 42/48 | €5,492,566 | €7,036,365 | +€1.5m | +28.1% |
| Trade debts | 44 | €2,283 | €2,988 | +€705 | +30.9% |
| Suppliers | 440/4 | €2,283 | €2,988 | +€705 | +30.9% |
| Other amounts payable | 47/48 | €5,490,283 | €7,033,377 | +€1.5m | +28.1% |
| Operating charges | 60/66A | €21,323 | €20,728 | -€595 | -2.8% |
| Services and other goods | 61 | €20,995 | €20,563 | -€431 | -2.1% |
| Other operating charges | 640/8 | €328 | €165 | -€163 | -49.7% |
| Operating profit (loss) | 9901 | -€21,323 | -€20,728 | +€595 | +2.8% |
| Financial income | 75/76B | €123,446 | - | -€123,446 | |
| Recurring financial income | 75 | €123,446 | - | -€123,446 | |
| Other financial income | 752/9 | €123,446 | - | -€123,446 | |
| Financial charges | 65/66B | €277,078 | €282,303 | +€5,225 | +1.9% |
| Recurring financial charges | 65 | €277,078 | €282,303 | +€5,225 | +1.9% |
| Debt charges | 650 | €277,078 | €282,303 | +€5,225 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€174,954 | -€303,031 | -€128,077 | -73.2% |
| Profit (loss) for the period | 9904 | -€174,954 | -€303,031 | -€128,077 | -73.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€174,954 | -€303,031 | -€128,077 | -73.2% |
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 15 October 2026 via checked.be.