Keysgroup JLC: 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.
Keysgroup JLC
Largest movements
- Receivables within one year +€55,812
up €55,812 (+132%), from €42,441 to €98,253
of which Other amounts receivable: +€33,802
- Cash -€3,325
down €3,325 (-99.9%), from €3,330 to €5
mainly Receivables within one year (-€55,812) and Deferred charges and accrued income (-€17)
- Tangible fixed assets -€1,831
down €1,831 (-94.9%), from €1,931 to €99
- Profit (loss) carried forward +€29,507
up €29,507 (+76.7%), from €38,493 to €68,000
- Tax, wage and social debts +€20,187
up €20,187 (+692%), from €2,918 to €23,105
- Gross operating margin +€19,112
up €19,112 (+83.8%), from €22,795 to €41,907
- Taxes +€8,373
up €8,373 (+334%), from €2,508 to €10,881
- Depreciation -€2,356
down €2,356 (-56.3%), from €4,187 to €1,831
- Other operating charges -€1,363
down €1,363 (-74.2%), from €1,837 to €474
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 | €47,896 | €98,568 | +€50,672 | +106% |
| Fixed assets | 21/28 | €1,931 | €99 | -€1,831 | -94.9% |
| Tangible fixed assets | 22/27 | €1,931 | €99 | -€1,831 | -94.9% |
| Furniture and vehicles | 24 | €1,931 | €99 | -€1,831 | -94.9% |
| Current assets | 29/58 | €45,965 | €98,469 | +€52,504 | +114% |
| Amounts receivable within one year | 40/41 | €42,441 | €98,253 | +€55,812 | +132% |
| Trade receivables | 40 | €134 | €22,143 | +€22,009 | +16,456% |
| Other amounts receivable | 41 | €42,308 | €76,110 | +€33,802 | +79.9% |
| Cash at bank and in hand | 54/58 | €3,330 | €5 | -€3,325 | -99.9% |
| Deferred charges and accrued income | 490/1 | €194 | €211 | +€17 | +8.8% |
| Total equity and liabilities | 10/49 | €47,896 | €98,568 | +€50,672 | +106% |
| Equity | 10/15 | €41,493 | €71,000 | +€29,507 | +71.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,493 | €68,000 | +€29,507 | +76.7% |
| Amounts payable | 17/49 | €6,403 | €27,568 | +€21,165 | +331% |
| Amounts payable within one year | 42/48 | €6,403 | €27,568 | +€21,165 | +331% |
| Trade debts | 44 | €3,485 | €4,463 | +€978 | +28.1% |
| Suppliers | 440/4 | €3,485 | €4,463 | +€978 | +28.1% |
| Taxes, remuneration and social security | 45 | €2,918 | €23,105 | +€20,187 | +692% |
| Taxes | 450/3 | €2,918 | €23,105 | +€20,187 | +692% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,187 | €1,831 | -€2,356 | -56.3% |
| Other operating charges | 640/8 | €1,837 | €474 | -€1,363 | -74.2% |
| Gross operating margin | 9900 | €22,795 | €41,907 | +€19,112 | +83.8% |
| Operating profit (loss) | 9901 | €16,771 | €39,602 | +€22,831 | +136% |
| Financial income | 75/76B | €1,690 | €1,305 | -€385 | -22.8% |
| Recurring financial income | 75 | €1,690 | €1,305 | -€385 | -22.8% |
| Financial charges | 65/66B | €730 | €518 | -€211 | -29.0% |
| Recurring financial charges | 65 | €730 | €518 | -€211 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €17,731 | €40,389 | +€22,658 | +128% |
| Income taxes | 67/77 | €2,508 | €10,881 | +€8,373 | +334% |
| Profit (loss) for the period | 9904 | €15,223 | €29,507 | +€14,284 | +93.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,223 | €29,507 | +€14,284 | +93.8% |
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 29 October 2026 via checked.be.