KEYSOFT - SOLUTIONS: 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.
KEYSOFT - SOLUTIONS
Largest movements
- Tangible fixed assets -€21,824
down €21,824 (-5.3%), from €413,065 to €391,241
of which Land and buildings: -€19,001
- Receivables within one year -€13,981
down €13,981 (-54.2%), from €25,787 to €11,806
of which Other amounts receivable: -€8,294
- Cash +€12,659
up €12,659 (+40.7%), from €31,111 to €43,770
mainly Depreciation (+€21,824) and Net result for the year (+€17,870)
- Debts after one year -€24,939
down €24,939 (-7.1%), from €351,256 to €326,317
- Reserves +€17,870
up €17,870 (+57.5%), from €31,060 to €48,929
of which Distributable reserves: +€19,730
- Other debts -€17,044
down €17,044 (-59.8%), from €28,500 to €11,456
- Trade debts -€10,838
down €10,838 (-71.9%), from €15,083 to €4,245
- Tax, wage and social debts +€9,113
up €9,113 (+86.0%), from €10,598 to €19,710
of which Taxes: +€9,113
- Gross operating margin +€6,136
up €6,136 (+11.7%), from €52,665 to €58,801
- Taxes +€2,313
up €2,313 (+72.6%), from €3,185 to €5,498
- Depreciation -€1,422
down €1,422 (-6.1%), from €23,246 to €21,824
- Financial charges -€1,147
down €1,147 (-8.8%), from €12,964 to €11,817
- Financial income -€588
down €588 (-59.6%), from €988 to €400
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 | €486,614 | €458,031 | -€28,583 | -5.9% |
| Fixed assets | 21/28 | €413,065 | €391,241 | -€21,824 | -5.3% |
| Tangible fixed assets | 22/27 | €413,065 | €391,241 | -€21,824 | -5.3% |
| Land and buildings | 22 | €407,183 | €388,183 | -€19,001 | -4.7% |
| Furniture and vehicles | 24 | €5,881 | €3,058 | -€2,823 | -48.0% |
| Current assets | 29/58 | €73,549 | €66,790 | -€6,759 | -9.2% |
| Stocks and contracts in progress | 3 | €14,155 | €11,214 | -€2,942 | -20.8% |
| Stocks | 30/36 | €14,155 | €11,214 | -€2,942 | -20.8% |
| Amounts receivable within one year | 40/41 | €25,787 | €11,806 | -€13,981 | -54.2% |
| Trade receivables | 40 | €16,901 | €11,214 | -€5,687 | -33.6% |
| Other amounts receivable | 41 | €8,886 | €592 | -€8,294 | -93.3% |
| Cash at bank and in hand | 54/58 | €31,111 | €43,770 | +€12,659 | +40.7% |
| Deferred charges and accrued income | 490/1 | €2,495 | €0 | -€2,495 | -100% |
| Total equity and liabilities | 10/49 | €486,614 | €458,031 | -€28,583 | -5.9% |
| Equity | 10/15 | €49,660 | €67,529 | +€17,870 | +36.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,060 | €48,929 | +€17,870 | +57.5% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €29,200 | €48,929 | +€19,730 | +67.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €436,954 | €390,502 | -€46,452 | -10.6% |
| Amounts payable after more than one year | 17 | €351,256 | €326,317 | -€24,939 | -7.1% |
| Financial debts | 170/4 | €351,256 | €326,317 | -€24,939 | -7.1% |
| Amounts payable within one year | 42/48 | €83,698 | €60,350 | -€23,347 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €29,517 | €24,939 | -€4,578 | -15.5% |
| Trade debts | 44 | €15,083 | €4,245 | -€10,838 | -71.9% |
| Suppliers | 440/4 | €15,083 | €4,245 | -€10,838 | -71.9% |
| Taxes, remuneration and social security | 45 | €10,598 | €19,710 | +€9,113 | +86.0% |
| Taxes | 450/3 | €10,598 | €19,710 | +€9,113 | +86.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €28,500 | €11,456 | -€17,044 | -59.8% |
| Accrued charges and deferred income | 492/3 | €2,000 | €3,834 | +€1,834 | +91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,246 | €21,824 | -€1,422 | -6.1% |
| Other operating charges | 640/8 | €1,898 | €2,192 | +€295 | +15.5% |
| Gross operating margin | 9900 | €52,665 | €58,801 | +€6,136 | +11.7% |
| Operating profit (loss) | 9901 | €27,521 | €34,785 | +€7,263 | +26.4% |
| Financial income | 75/76B | €988 | €400 | -€588 | -59.6% |
| Recurring financial income | 75 | €988 | €400 | -€588 | -59.6% |
| Financial charges | 65/66B | €12,964 | €11,817 | -€1,147 | -8.8% |
| Recurring financial charges | 65 | €12,964 | €11,817 | -€1,147 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €15,546 | €23,368 | +€7,822 | +50.3% |
| Income taxes | 67/77 | €3,185 | €5,498 | +€2,313 | +72.6% |
| Profit (loss) for the period | 9904 | €12,360 | €17,870 | +€5,509 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,360 | €17,870 | +€5,509 | +44.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.