KeyWest Development: 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.
KeyWest Development
Largest movements
- Stocks and contracts +€1.1m
up €1.1m (+6.2%), from €17.2m to €18.3m
- Debts after one year +€1.0m
up €1.0m (+6.4%), from €16.1m to €17.1m
- Gross operating margin -€9,714
down €9,714 (-70.4%), from €13,796 to €4,083
- Other operating charges -€2,157
down €2,157 (-22.8%), from €9,464 to €7,306
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 | €17,309,155 | €18,355,045 | +€1.0m | +6.0% |
| Current assets | 29/58 | €17,309,155 | €18,355,045 | +€1.0m | +6.0% |
| Stocks and contracts in progress | 3 | €17,225,593 | €18,300,912 | +€1.1m | +6.2% |
| Stocks | 30/36 | €17,225,593 | €18,300,912 | +€1.1m | +6.2% |
| Amounts receivable within one year | 40/41 | €3,191 | €7,237 | +€4,047 | +126.8% |
| Trade receivables | 40 | €1,822 | €788 | -€1,034 | -56.8% |
| Other amounts receivable | 41 | €1,369 | €6,450 | +€5,081 | +371.2% |
| Cash at bank and in hand | 54/58 | €80,371 | €46,897 | -€33,475 | -41.6% |
| Total equity and liabilities | 10/49 | €17,309,155 | €18,355,045 | +€1.0m | +6.0% |
| Equity | 10/15 | €1,221,049 | €1,217,826 | -€3,223 | -0.3% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Capital | 10 | €1,250,000 | €1,250,000 | = | 0.0% |
| Issued capital | 100 | €1,250,000 | €1,250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,951 | -€32,174 | -€3,223 | -11.1% |
| Amounts payable | 17/49 | €16,088,106 | €17,137,220 | +€1.0m | +6.5% |
| Amounts payable after more than one year | 17 | €16,077,785 | €17,107,562 | +€1.0m | +6.4% |
| Other amounts payable | 178/9 | €16,077,785 | €17,107,562 | +€1.0m | +6.4% |
| Amounts payable within one year | 42/48 | €10,321 | €29,658 | +€19,337 | +187.4% |
| Trade debts | 44 | €9,821 | €28,558 | +€18,737 | +190.8% |
| Suppliers | 440/4 | €9,821 | €28,558 | +€18,737 | +190.8% |
| Other amounts payable | 47/48 | €500 | €1,100 | +€600 | +120.0% |
| Other operating charges | 640/8 | €9,464 | €7,306 | -€2,157 | -22.8% |
| Gross operating margin | 9900 | €13,796 | €4,083 | -€9,714 | -70.4% |
| Operating profit (loss) | 9901 | €4,333 | -€3,223 | -€7,556 | |
| Financial charges | 65/66B | €0 | - | = | |
| Recurring financial charges | 65 | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €4,333 | -€3,223 | -€7,556 | |
| Profit (loss) for the period | 9904 | €4,333 | -€3,223 | -€7,556 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,333 | -€3,223 | -€7,556 |
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 4 October 2026 via checked.be.