KeySense: 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.
KeySense
Largest movements
- Receivables within one year +€6,806
up €6,806 (+33.7%), from €20,220 to €27,026
- Tangible fixed assets -€3,864
down €3,864 (-58.4%), from €6,614 to €2,749
- Cash -€2,039
down €2,039 (-72.9%), from €2,797 to €759
mainly Receivables within one year (-€6,806) and Current portion of long-term debt (-€4,894)
- Contributions +€18,750
new in 2025: €18,750
- Reserves -€18,750
no longer reported in 2025 (was €18,750)
- Other debts +€9,961
up €9,961 (+18.4%), from €54,118 to €64,079
- Current portion of long-term debt -€4,894
down €4,894 (-91.4%), from €5,354 to €460
- Profit (loss) carried forward -€2,813
down €2,813 (-5.6%), from -€50,255 to -€53,068
- Gross operating margin +€6,382
up €6,382, from -€4,347 to €2,035
- Depreciation +€2,695
up €2,695 (+230.4%), from €1,170 to €3,864
- Financial charges -€187
down €187 (-42.3%), from €443 to €255
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 | €31,739 | €32,737 | +€997 | +3.1% |
| Fixed assets | 21/28 | €6,614 | €2,749 | -€3,864 | -58.4% |
| Tangible fixed assets | 22/27 | €6,614 | €2,749 | -€3,864 | -58.4% |
| Furniture and vehicles | 24 | €6,614 | €2,749 | -€3,864 | -58.4% |
| Current assets | 29/58 | €25,126 | €29,987 | +€4,862 | +19.3% |
| Amounts receivable within one year | 40/41 | €20,220 | €27,026 | +€6,806 | +33.7% |
| Trade receivables | 40 | €20,220 | €27,026 | +€6,806 | +33.7% |
| Cash at bank and in hand | 54/58 | €2,797 | €759 | -€2,039 | -72.9% |
| Deferred charges and accrued income | 490/1 | €2,108 | €2,202 | +€94 | +4.5% |
| Total equity and liabilities | 10/49 | €31,739 | €32,737 | +€997 | +3.1% |
| Equity | 10/15 | -€31,505 | -€34,318 | -€2,813 | -8.9% |
| Contributions | 10/11 | - | €18,750 | +€18,750 | |
| Outside capital | 11 | - | €18,750 | +€18,750 | |
| Other | 1109/19 | - | €18,750 | +€18,750 | |
| Reserves | 13 | €18,750 | - | -€18,750 | |
| Distributable reserves | 133 | €18,750 | - | -€18,750 | |
| Profit (loss) carried forward | 14 | -€50,255 | -€53,068 | -€2,813 | -5.6% |
| Amounts payable | 17/49 | €63,244 | €67,054 | +€3,810 | +6.0% |
| Amounts payable after more than one year | 17 | €460 | - | -€460 | |
| Financial debts | 170/4 | €460 | - | -€460 | |
| Amounts payable within one year | 42/48 | €62,738 | €67,031 | +€4,293 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €5,354 | €460 | -€4,894 | -91.4% |
| Trade debts | 44 | €2,302 | €1,942 | -€360 | -15.6% |
| Suppliers | 440/4 | €2,302 | €1,942 | -€360 | -15.6% |
| Taxes, remuneration and social security | 45 | €964 | €550 | -€414 | -43.0% |
| Taxes | 450/3 | €964 | €550 | -€414 | -43.0% |
| Other amounts payable | 47/48 | €54,118 | €64,079 | +€9,961 | +18.4% |
| Accrued charges and deferred income | 492/3 | €46 | €23 | -€23 | -49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,170 | €3,864 | +€2,695 | +230.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€4,347 | €2,035 | +€6,382 | |
| Operating profit (loss) | 9901 | -€5,904 | -€2,229 | +€3,675 | +62.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €443 | €255 | -€187 | -42.3% |
| Recurring financial charges | 65 | €443 | €255 | -€187 | -42.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,347 | -€2,484 | +€3,862 | +60.9% |
| Income taxes | 67/77 | €334 | €329 | -€5 | -1.5% |
| Profit (loss) for the period | 9904 | -€6,680 | -€2,813 | +€3,867 | +57.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,680 | -€2,813 | +€3,867 | +57.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.