KEYSINVEST: what changed
KEYSINVEST
Largest movements
- Cash -€62,477
down €62,477 (-41.0%), from €152,522 to €90,045
mainly Other debts (-€40,666) and Receivables within one year (-€20,500)
- Receivables within one year +€20,500
new in 2025: €20,500
- Deferred charges and accrued income +€1,825
up €1,825 (+90.1%), from €2,025 to €3,850
- Other debts -€40,666
down €40,666 (-62.8%), from €64,795 to €24,129
- Gross operating margin -€89,044
down €89,044 (-98.6%), from €90,313 to €1,269
- Taxes -€15,761
down €15,761 (-98.8%), from €15,950 to €189
- Financial charges -€3,219
down €3,219 (-90.1%), from €3,574 to €355
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €154,547 | €114,395 | -€40,152 | -26.0% |
| Current assets | 29/58 | €154,547 | €114,395 | -€40,152 | -26.0% |
| Amounts receivable within one year | 40/41 | - | €20,500 | +€20,500 | |
| Trade receivables | 40 | - | €20,500 | +€20,500 | |
| Cash at bank and in hand | 54/58 | €152,522 | €90,045 | -€62,477 | -41.0% |
| Deferred charges and accrued income | 490/1 | €2,025 | €3,850 | +€1,825 | +90.1% |
| Total equity and liabilities | 10/49 | €154,547 | €114,395 | -€40,152 | -26.0% |
| Equity | 10/15 | €73,802 | €74,126 | +€325 | +0.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,802 | €64,126 | +€325 | +0.5% |
| Amounts payable | 17/49 | €80,746 | €40,269 | -€40,477 | -50.1% |
| Amounts payable within one year | 42/48 | €80,746 | €40,269 | -€40,477 | -50.1% |
| Taxes, remuneration and social security | 45 | €15,950 | €16,139 | +€189 | +1.2% |
| Taxes | 450/3 | €15,950 | €16,139 | +€189 | +1.2% |
| Other amounts payable | 47/48 | €64,795 | €24,129 | -€40,666 | -62.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €90,313 | €1,269 | -€89,044 | -98.6% |
| Operating profit (loss) | 9901 | €89,925 | €869 | -€89,056 | -99.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,574 | €355 | -€3,219 | -90.1% |
| Recurring financial charges | 65 | €3,574 | €355 | -€3,219 | -90.1% |
| Profit (loss) for the period before taxes | 9903 | €86,351 | €514 | -€85,838 | -99.4% |
| Income taxes | 67/77 | €15,950 | €189 | -€15,761 | -98.8% |
| Profit (loss) for the period | 9904 | €70,401 | €325 | -€70,076 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €70,401 | €325 | -€70,076 | -99.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.