McKeddy Trade: 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.
McKeddy Trade
Largest movements
- Receivables within one year +€29,921
new in 2025: €29,921
- Cash -€561
down €561 (-97.6%), from €574 to €14
mainly Receivables within one year (-€29,921)
- Tangible fixed assets -€461
down €461 (-58.4%), from €789 to €328
- Trade debts +€12,284
up €12,284 (+87.1%), from €14,104 to €26,388
- Tax, wage and social debts +€8,268
up €8,268 (+27.8%), from €29,785 to €38,053
of which Remuneration and social security: +€12,408
- Profit (loss) carried forward +€6,939
up €6,939 (+17.4%), from -€39,949 to -€33,010
- Other debts +€1,409
up €1,409 (+16,573%), from €9 to €1,417
- Gross operating margin +€46,086
up €46,086 (+158%), from €29,257 to €75,342
- Staff costs +€22,896
up €22,896 (+51.9%), from €44,113 to €67,009
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 | €4,949 | €33,849 | +€28,900 | +584% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €789 | €328 | -€461 | -58.4% |
| Tangible fixed assets | 22/27 | €789 | €328 | -€461 | -58.4% |
| Furniture and vehicles | 24 | €789 | €328 | -€461 | -58.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €4,160 | €33,520 | +€29,361 | +706% |
| Stocks and contracts in progress | 3 | €3,585 | €3,585 | = | 0.0% |
| Stocks | 30/36 | €3,585 | €3,585 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €29,921 | +€29,921 | |
| Trade receivables | 40 | - | €29,921 | +€29,921 | |
| Cash at bank and in hand | 54/58 | €574 | €14 | -€561 | -97.6% |
| Total equity and liabilities | 10/49 | €4,949 | €33,849 | +€28,900 | +584% |
| Equity | 10/15 | -€38,949 | -€32,010 | +€6,939 | +17.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,949 | -€33,010 | +€6,939 | +17.4% |
| Amounts payable | 17/49 | €43,898 | €65,859 | +€21,961 | +50.0% |
| Amounts payable within one year | 42/48 | €43,898 | €65,859 | +€21,961 | +50.0% |
| Trade debts | 44 | €14,104 | €26,388 | +€12,284 | +87.1% |
| Suppliers | 440/4 | €14,104 | €26,388 | +€12,284 | +87.1% |
| Taxes, remuneration and social security | 45 | €29,785 | €38,053 | +€8,268 | +27.8% |
| Taxes | 450/3 | €8,694 | €4,553 | -€4,141 | -47.6% |
| Remuneration and social security | 454/9 | €21,091 | €33,500 | +€12,408 | +58.8% |
| Other amounts payable | 47/48 | €9 | €1,417 | +€1,409 | +16,573% |
| Remuneration, social security and pensions | 62 | €44,113 | €67,009 | +€22,896 | +51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €687 | €461 | -€226 | -32.9% |
| Other operating charges | 640/8 | €531 | €207 | -€324 | -61.0% |
| Gross operating margin | 9900 | €29,257 | €75,342 | +€46,086 | +158% |
| Operating profit (loss) | 9901 | -€16,075 | €7,665 | +€23,740 | |
| Financial income | 75/76B | €469 | €235 | -€234 | -49.9% |
| Recurring financial income | 75 | €469 | €235 | -€234 | -49.9% |
| Financial charges | 65/66B | €1,216 | €847 | -€369 | -30.3% |
| Recurring financial charges | 65 | €1,216 | €847 | -€369 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | -€16,821 | €7,053 | +€23,875 | |
| Income taxes | 67/77 | - | €114 | +€114 | |
| Profit (loss) for the period | 9904 | -€16,821 | €6,939 | +€23,761 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,821 | €6,939 | +€23,761 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.