KEYSTONE SIXTY-SEVEN: 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.
KEYSTONE SIXTY-SEVEN
Largest movements
- Cash -€35,870
down €35,870 (-78.8%), from €45,532 to €9,662
mainly Debts after one year (-€24,337) and Net result for the year (-€14,745)
- Tangible fixed assets -€12,389
down €12,389 (-2.4%), from €525,679 to €513,289
of which Land and buildings: -€13,420
- Debts after one year -€24,337
down €24,337 (-6.0%), from €402,978 to €378,641
- Profit (loss) carried forward -€14,745
down €14,745 (-17.5%), from -€84,469 to -€99,214
- Tax, wage and social debts -€13,000
down €13,000 (-100%), from €13,000 to €0
- Gross operating margin -€4,182
down €4,182 (-18.6%), from €22,478 to €18,296
- Financial charges -€500
down €500 (-5.3%), from €9,479 to €8,980
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 | €573,732 | €523,412 | -€50,321 | -8.8% |
| Fixed assets | 21/28 | €525,679 | €513,289 | -€12,389 | -2.4% |
| Tangible fixed assets | 22/27 | €525,679 | €513,289 | -€12,389 | -2.4% |
| Land and buildings | 22 | €525,198 | €511,778 | -€13,420 | -2.6% |
| Furniture and vehicles | 24 | €481 | €1,512 | +€1,031 | +215% |
| Current assets | 29/58 | €48,054 | €10,122 | -€37,931 | -78.9% |
| Cash at bank and in hand | 54/58 | €45,532 | €9,662 | -€35,870 | -78.8% |
| Deferred charges and accrued income | 490/1 | €2,522 | €461 | -€2,061 | -81.7% |
| Total equity and liabilities | 10/49 | €573,732 | €523,412 | -€50,321 | -8.8% |
| Equity | 10/15 | -€72,069 | -€86,814 | -€14,745 | -20.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,469 | -€99,214 | -€14,745 | -17.5% |
| Amounts payable | 17/49 | €645,801 | €610,226 | -€35,575 | -5.5% |
| Amounts payable after more than one year | 17 | €402,978 | €378,641 | -€24,337 | -6.0% |
| Financial debts | 170/4 | €402,978 | €378,641 | -€24,337 | -6.0% |
| Amounts payable within one year | 42/48 | €242,823 | €231,185 | -€11,638 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €23,827 | €24,337 | +€510 | +2.1% |
| Trade debts | 44 | €575 | €637 | +€62 | +10.8% |
| Suppliers | 440/4 | €575 | €637 | +€62 | +10.8% |
| Taxes, remuneration and social security | 45 | €13,000 | €0 | -€13,000 | -100% |
| Remuneration and social security | 454/9 | €13,000 | €0 | -€13,000 | -100% |
| Other amounts payable | 47/48 | €205,421 | €206,211 | +€790 | +0.4% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,008 | €15,922 | -€86 | -0.5% |
| Other operating charges | 640/8 | €7,956 | €8,140 | +€184 | +2.3% |
| Gross operating margin | 9900 | €22,478 | €18,296 | -€4,182 | -18.6% |
| Operating profit (loss) | 9901 | -€1,486 | -€5,766 | -€4,279 | -288% |
| Financial charges | 65/66B | €9,479 | €8,980 | -€500 | -5.3% |
| Recurring financial charges | 65 | €9,479 | €8,980 | -€500 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,966 | -€14,745 | -€3,780 | -34.5% |
| Profit (loss) for the period | 9904 | -€10,966 | -€14,745 | -€3,780 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,966 | -€14,745 | -€3,780 | -34.5% |
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 31 October 2026 via checked.be.