LONG KEE: 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.
LONG KEE
Largest movements
- Receivables within one year +€10,558
up €10,558 (+407.6%), from €2,590 to €13,148
of which Trade receivables: +€9,003
- Cash -€3,958
down €3,958 (-16.0%), from €24,756 to €20,798
mainly Receivables within one year (-€10,558) and Current portion of long-term debt (-€5,638)
- Tangible fixed assets -€2,954
down €2,954 (-23.3%), from €12,692 to €9,738
of which Furniture and vehicles: -€2,644
- Stocks and contracts +€1,068
up €1,068 (+25.1%), from €4,260 to €5,328
- Trade debts +€6,745
up €6,745 (+417.9%), from €1,614 to €8,359
- Current portion of long-term debt -€5,638
no longer reported in 2025 (was €5,638)
- Reserves +€5,000
up €5,000 (+21.9%), from €22,860 to €27,860
of which Distributable reserves: +€5,000
- Profit (loss) carried forward -€1,594
down €1,594 (-95.2%), from €1,674 to €80
- Advances received +€910
new in 2025: €910
- Gross operating margin +€2,697
up €2,697 (+21.9%), from €12,329 to €15,026
- Depreciation +€784
up €784 (+12.2%), from €6,410 to €7,194
- Taxes +€595
up €595 (+39.7%), from €1,497 to €2,092
- Other operating charges -€564
down €564 (-33.6%), from €1,677 to €1,113
- Financial charges -€514
down €514 (-29.4%), from €1,750 to €1,236
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 | €44,894 | €49,632 | +€4,738 | +10.6% |
| Fixed assets | 21/28 | €12,872 | €9,918 | -€2,954 | -22.9% |
| Tangible fixed assets | 22/27 | €12,692 | €9,738 | -€2,954 | -23.3% |
| Plant, machinery and equipment | 23 | €2,080 | €1,770 | -€310 | -14.9% |
| Furniture and vehicles | 24 | €10,612 | €7,968 | -€2,644 | -24.9% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €32,022 | €39,714 | +€7,692 | +24.0% |
| Stocks and contracts in progress | 3 | €4,260 | €5,328 | +€1,068 | +25.1% |
| Stocks | 30/36 | €4,260 | €5,328 | +€1,068 | +25.1% |
| Amounts receivable within one year | 40/41 | €2,590 | €13,148 | +€10,558 | +407.6% |
| Trade receivables | 40 | €818 | €9,821 | +€9,003 | +1100.6% |
| Other amounts receivable | 41 | €1,772 | €3,327 | +€1,555 | +87.8% |
| Cash at bank and in hand | 54/58 | €24,756 | €20,798 | -€3,958 | -16.0% |
| Deferred charges and accrued income | 490/1 | €416 | €440 | +€24 | +5.8% |
| Total equity and liabilities | 10/49 | €44,894 | €49,632 | +€4,738 | +10.6% |
| Equity | 10/15 | €32,034 | €35,440 | +€3,406 | +10.6% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Outside capital | 11 | €7,500 | €7,500 | = | 0.0% |
| Other | 1109/19 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €22,860 | €27,860 | +€5,000 | +21.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €21,000 | €26,000 | +€5,000 | +23.8% |
| Profit (loss) carried forward | 14 | €1,674 | €80 | -€1,594 | -95.2% |
| Amounts payable | 17/49 | €12,860 | €14,192 | +€1,332 | +10.4% |
| Amounts payable within one year | 42/48 | €11,765 | €13,308 | +€1,543 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €5,638 | - | -€5,638 | |
| Trade debts | 44 | €1,614 | €8,359 | +€6,745 | +417.9% |
| Suppliers | 440/4 | €1,614 | €8,359 | +€6,745 | +417.9% |
| Advances received on contracts in progress | 46 | - | €910 | +€910 | |
| Taxes, remuneration and social security | 45 | €3,778 | €3,589 | -€189 | -5.0% |
| Taxes | 450/3 | €3,778 | €3,589 | -€189 | -5.0% |
| Other amounts payable | 47/48 | €735 | €450 | -€285 | -38.8% |
| Accrued charges and deferred income | 492/3 | €1,095 | €884 | -€211 | -19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,410 | €7,194 | +€784 | +12.2% |
| Other operating charges | 640/8 | €1,677 | €1,113 | -€564 | -33.6% |
| Gross operating margin | 9900 | €12,329 | €15,026 | +€2,697 | +21.9% |
| Operating profit (loss) | 9901 | €4,242 | €6,719 | +€2,477 | +58.4% |
| Financial income | 75/76B | €8 | €14 | +€6 | +75.0% |
| Recurring financial income | 75 | €8 | €14 | +€6 | +75.0% |
| Financial charges | 65/66B | €1,750 | €1,236 | -€514 | -29.4% |
| Recurring financial charges | 65 | €1,750 | €1,236 | -€514 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €2,500 | €5,497 | +€2,997 | +119.9% |
| Income taxes | 67/77 | €1,497 | €2,092 | +€595 | +39.7% |
| Profit (loss) for the period | 9904 | €1,003 | €3,405 | +€2,402 | +239.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,003 | €3,405 | +€2,402 | +239.5% |
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 3 October 2026 via checked.be.