Plus Keukens: 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.
Plus Keukens
Largest movements
- Tangible fixed assets -€50,001
down €50,001 (-8.7%), from €575,332 to €525,330
of which Land and buildings: -€25,254
- Stocks and contracts -€48,845
down €48,845 (-41.4%), from €118,000 to €69,155
- Cash -€17,275
down €17,275 (-30.9%), from €55,924 to €38,648
mainly Debts after one year (-€56,329) and Contributions, distributions and other (-€46,040)
- Receivables within one year +€8,298
up €8,298 (+35.1%), from €23,666 to €31,964
of which Other amounts receivable: +€13,072
- Debts after one year -€56,329
down €56,329 (-16.6%), from €338,773 to €282,444
- Reserves -€46,040
down €46,040 (-15.2%), from €303,790 to €257,750
- Other debts +€35,366
up €35,366 (+364.9%), from €9,692 to €45,057
- Current portion of long-term debt -€22,634
down €22,634 (-30.3%), from €74,773 to €52,139
- Profit (loss) carried forward -€10,015
down €10,015, from €262 to -€9,752
- Gross operating margin -€81,346
down €81,346 (-48.3%), from €168,258 to €86,912
- Taxes -€20,469
down €20,469 (-95.6%), from €21,419 to €950
- Financial income -€8,281
down €8,281 (-53.4%), from €15,503 to €7,222
- Staff costs -€8,213
down €8,213 (-18.6%), from €44,055 to €35,842
- Depreciation +€5,804
up €5,804 (+12.1%), from €48,014 to €53,819
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €778,692 | €668,534 | -€110,158 | -14.1% |
| Fixed assets | 21/28 | €575,332 | €525,330 | -€50,001 | -8.7% |
| Tangible fixed assets | 22/27 | €575,332 | €525,330 | -€50,001 | -8.7% |
| Land and buildings | 22 | €471,006 | €445,752 | -€25,254 | -5.4% |
| Plant, machinery and equipment | 23 | €17,550 | €14,298 | -€3,252 | -18.5% |
| Furniture and vehicles | 24 | €2,145 | €950 | -€1,196 | -55.7% |
| Leasing and similar rights | 25 | €82,802 | €62,685 | -€20,117 | -24.3% |
| Other tangible fixed assets | 26 | €1,829 | €1,645 | -€184 | -10.0% |
| Current assets | 29/58 | €203,360 | €143,204 | -€60,157 | -29.6% |
| Stocks and contracts in progress | 3 | €118,000 | €69,155 | -€48,845 | -41.4% |
| Contracts in progress | 37 | €118,000 | €69,155 | -€48,845 | -41.4% |
| Amounts receivable within one year | 40/41 | €23,666 | €31,964 | +€8,298 | +35.1% |
| Trade receivables | 40 | €14,463 | €9,689 | -€4,774 | -33.0% |
| Other amounts receivable | 41 | €9,204 | €22,275 | +€13,072 | +142.0% |
| Cash at bank and in hand | 54/58 | €55,924 | €38,648 | -€17,275 | -30.9% |
| Deferred charges and accrued income | 490/1 | €5,771 | €3,436 | -€2,335 | -40.5% |
| Total equity and liabilities | 10/49 | €778,692 | €668,534 | -€110,158 | -14.1% |
| Equity | 10/15 | €324,512 | €268,458 | -€56,055 | -17.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €303,790 | €257,750 | -€46,040 | -15.2% |
| Distributable reserves | 133 | €303,790 | €257,750 | -€46,040 | -15.2% |
| Profit (loss) carried forward | 14 | €262 | -€9,752 | -€10,015 | |
| Amounts payable | 17/49 | €454,180 | €400,076 | -€54,103 | -11.9% |
| Amounts payable after more than one year | 17 | €338,773 | €282,444 | -€56,329 | -16.6% |
| Financial debts | 170/4 | €338,773 | €282,444 | -€56,329 | -16.6% |
| Amounts payable within one year | 42/48 | €115,407 | €117,633 | +€2,226 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €74,773 | €52,139 | -€22,634 | -30.3% |
| Trade debts | 44 | €25,821 | €16,175 | -€9,647 | -37.4% |
| Suppliers | 440/4 | €25,821 | €16,175 | -€9,647 | -37.4% |
| Taxes, remuneration and social security | 45 | €5,121 | €4,262 | -€860 | -16.8% |
| Remuneration and social security | 454/9 | €5,121 | €4,262 | -€860 | -16.8% |
| Other amounts payable | 47/48 | €9,692 | €45,057 | +€35,366 | +364.9% |
| Non-recurring operating income | 76A | €36,566 | - | -€36,566 | |
| Remuneration, social security and pensions | 62 | €44,055 | €35,842 | -€8,213 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,014 | €53,819 | +€5,804 | +12.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,143 | +€3,143 | |
| Other operating charges | 640/8 | €4,024 | €3,980 | -€44 | -1.1% |
| Gross operating margin | 9900 | €168,258 | €86,912 | -€81,346 | -48.3% |
| Operating profit (loss) | 9901 | €72,165 | -€9,871 | -€82,036 | |
| Financial income | 75/76B | €15,503 | €7,222 | -€8,281 | -53.4% |
| Recurring financial income | 75 | €15,503 | €7,222 | -€8,281 | -53.4% |
| Financial charges | 65/66B | €10,184 | €6,416 | -€3,768 | -37.0% |
| Recurring financial charges | 65 | €10,184 | €6,416 | -€3,768 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €77,484 | -€9,065 | -€86,549 | |
| Income taxes | 67/77 | €21,419 | €950 | -€20,469 | -95.6% |
| Profit (loss) for the period | 9904 | €56,065 | -€10,015 | -€66,080 | |
| Profit (loss) for the period to be appropriated | 9905 | €56,065 | -€10,015 | -€66,080 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.