THOMAS KEYMOLEN: 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.
THOMAS KEYMOLEN
Largest movements
- Tangible fixed assets +€33,311
up €33,311 (+309%), from €10,785 to €44,096
of which Other tangible fixed assets: +€29,699
- Receivables within one year +€4,099
up €4,099 (+99.9%), from €4,102 to €8,201
of which Trade receivables: +€4,849
- Cash +€3,402
up €3,402 (+3.6%), from €95,244 to €98,646
mainly Other debts (+€74,012) and Net result for the year (+€43,401)
- Other debts +€74,012
up €74,012 (+227%), from €32,645 to €106,657
- Profit (loss) carried forward -€46,599
down €46,599 (-90.8%), from €51,301 to €4,702
- Tax, wage and social debts +€6,146
up €6,146 (+603%), from €1,019 to €7,166
- Trade debts +€4,977
up €4,977 (+125%), from €3,973 to €8,950
- Current portion of long-term debt +€2,083
up €2,083 (+31.3%), from €6,667 to €8,750
- Depreciation +€2,275
up €2,275 (+78.6%), from €2,896 to €5,171
- Taxes +€853
up €853 (+6.9%), from €12,358 to €13,211
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 | €110,605 | €151,225 | +€40,620 | +36.7% |
| Fixed assets | 21/28 | €10,862 | €44,172 | +€33,311 | +307% |
| Tangible fixed assets | 22/27 | €10,785 | €44,096 | +€33,311 | +309% |
| Furniture and vehicles | 24 | €2,119 | €5,730 | +€3,611 | +170% |
| Other tangible fixed assets | 26 | €8,667 | €38,366 | +€29,699 | +343% |
| Financial fixed assets | 28 | €76 | €76 | = | 0.0% |
| Current assets | 29/58 | €99,743 | €107,053 | +€7,309 | +7.3% |
| Amounts receivable within one year | 40/41 | €4,102 | €8,201 | +€4,099 | +99.9% |
| Trade receivables | 40 | €1,202 | €6,051 | +€4,849 | +403% |
| Other amounts receivable | 41 | €2,900 | €2,150 | -€750 | -25.9% |
| Cash at bank and in hand | 54/58 | €95,244 | €98,646 | +€3,402 | +3.6% |
| Deferred charges and accrued income | 490/1 | €397 | €205 | -€192 | -48.3% |
| Total equity and liabilities | 10/49 | €110,605 | €151,225 | +€40,620 | +36.7% |
| Equity | 10/15 | €66,301 | €19,702 | -€46,599 | -70.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,301 | €4,702 | -€46,599 | -90.8% |
| Amounts payable | 17/49 | €44,304 | €131,523 | +€87,219 | +197% |
| Amounts payable within one year | 42/48 | €44,304 | €131,523 | +€87,219 | +197% |
| Current portion of amounts payable after more than one year | 42 | €6,667 | €8,750 | +€2,083 | +31.3% |
| Trade debts | 44 | €3,973 | €8,950 | +€4,977 | +125% |
| Suppliers | 440/4 | €3,973 | €8,950 | +€4,977 | +125% |
| Taxes, remuneration and social security | 45 | €1,019 | €7,166 | +€6,146 | +603% |
| Taxes | 450/3 | €1,019 | €7,166 | +€6,146 | +603% |
| Other amounts payable | 47/48 | €32,645 | €106,657 | +€74,012 | +227% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,896 | €5,171 | +€2,275 | +78.6% |
| Other operating charges | 640/8 | €384 | €467 | +€83 | +21.6% |
| Gross operating margin | 9900 | €64,066 | €63,673 | -€393 | -0.6% |
| Operating profit (loss) | 9901 | €60,786 | €58,035 | -€2,751 | -4.5% |
| Financial income | 75/76B | €924 | €1,147 | +€223 | +24.1% |
| Recurring financial income | 75 | €924 | €1,147 | +€223 | +24.1% |
| Financial charges | 65/66B | €2,519 | €2,569 | +€49 | +2.0% |
| Recurring financial charges | 65 | €2,519 | €2,569 | +€49 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €59,190 | €56,613 | -€2,578 | -4.4% |
| Income taxes | 67/77 | €12,358 | €13,211 | +€853 | +6.9% |
| Profit (loss) for the period | 9904 | €46,832 | €43,401 | -€3,431 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,832 | €43,401 | -€3,431 | -7.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.