K.B.K.: 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.
What changed
K.B.K.
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€9,393
2024 · €15,862-€25,255
Equity
€1.8m
2024 · €1.8m-€39,393
Cash
€6,444
2024 · €5,120+€1,324
Balance sheet total
€1.9m
2024 · €2.0m-€65,927
Largest movements
Assets
- Tangible fixed assets -€77,718
down €77,718 (-6.1%), from €1.3m to €1.2m
Equity and liabilities
- Reserves -€39,393
down €39,393 (-3.9%), from €1.0m to €979,936
of which Tax-exempt reserves: -€46,024
Income statement
- Gross operating margin -€29,464
down €29,464 (-44.9%), from €65,638 to €36,174
- Taxes -€6,579
down €6,579 (-72.1%), from €9,120 to €2,541
- Financial income -€3,548
down €3,548 (-11.0%), from €32,208 to €28,660
- Financial charges -€1,438
down €1,438 (-96.4%), from €1,492 to €54
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.
Result 2024
€15,862
Gross operating margin
-€29,464
Depreciation
+€0
Other operating charges
-€259
Financial income
-€3,548
Financial charges
+€1,438
Taxes
+€6,579
Result 2025
-€9,393
raises the resultlowers the result
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.
From operations
+€31,324
Investment
€0
Financing
-€30,000
Cash 2024
€5,120
From operations (derived)
+€31,324
Net result for the year
-€9,393
Depreciation
+€77,718
Receivables within one year
-€6,532
Deferred charges and accrued income
-€3,935
Provisions
-€15,341
Trade debts
+€4,019
Tax, wage and social debts
-€8,291
Other debts
-€8,725
Accrued charges and deferred income
+€1,804
Financing
-€30,000
Contributions, distributions and other
-€30,000
Cash 2025
€6,444
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,008,949 | €1,943,022 | -€65,927 | -3.3% |
| Fixed assets | 21/28 | €1,283,136 | €1,205,418 | -€77,718 | -6.1% |
| Tangible fixed assets | 22/27 | €1,283,136 | €1,205,418 | -€77,718 | -6.1% |
| Land and buildings | 22 | €1,283,136 | €1,205,418 | -€77,718 | -6.1% |
| Current assets | 29/58 | €725,814 | €737,604 | +€11,791 | +1.6% |
| Amounts receivable within one year | 40/41 | €720,694 | €727,225 | +€6,532 | +0.9% |
| Other amounts receivable | 41 | €720,694 | €727,225 | +€6,532 | +0.9% |
| Cash at bank and in hand | 54/58 | €5,120 | €6,444 | +€1,324 | +25.9% |
| Deferred charges and accrued income | 490/1 | - | €3,935 | +€3,935 | |
| Total equity and liabilities | 10/49 | €2,008,949 | €1,943,022 | -€65,927 | -3.3% |
| Equity | 10/15 | €1,821,074 | €1,781,680 | -€39,393 | -2.2% |
| Contributions | 10/11 | €801,744 | €801,744 | = | 0.0% |
| Capital | 10 | €800,505 | €800,505 | = | 0.0% |
| Issued capital | 100 | €800,505 | €800,505 | = | 0.0% |
| Contributions outside capital | 11 | €1,239 | €1,239 | = | 0.0% |
| Share premium | 1100/10 | €1,239 | €1,239 | = | 0.0% |
| Reserves | 13 | €1,019,330 | €979,936 | -€39,393 | -3.9% |
| Non-distributable reserves | 130/1 | €38,987 | €39,318 | +€332 | +0.9% |
| Legal reserve | 130 | €38,987 | €39,318 | +€332 | +0.9% |
| Tax-exempt reserves | 132 | €385,692 | €339,668 | -€46,024 | -11.9% |
| Distributable reserves | 133 | €594,651 | €600,950 | +€6,300 | +1.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €128,564 | €113,223 | -€15,341 | -11.9% |
| Deferred taxes | 168 | €128,564 | €113,223 | -€15,341 | -11.9% |
| Amounts payable | 17/49 | €59,311 | €48,119 | -€11,192 | -18.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €59,311 | €46,316 | -€12,996 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €522 | €4,542 | +€4,019 | +770% |
| Suppliers | 440/4 | €522 | €4,542 | +€4,019 | +770% |
| Taxes, remuneration and social security | 45 | €19,952 | €11,662 | -€8,291 | -41.6% |
| Taxes | 450/3 | €19,952 | €11,662 | -€8,291 | -41.6% |
| Other amounts payable | 47/48 | €38,837 | €30,112 | -€8,725 | -22.5% |
| Accrued charges and deferred income | 492/3 | €0 | €1,804 | +€1,804 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,718 | €77,718 | -€0 | 0.0% |
| Other operating charges | 640/8 | €8,997 | €9,256 | +€259 | +2.9% |
| Gross operating margin | 9900 | €65,638 | €36,174 | -€29,464 | -44.9% |
| Operating profit (loss) | 9901 | -€21,076 | -€50,800 | -€29,724 | -141% |
| Financial income | 75/76B | €32,208 | €28,660 | -€3,548 | -11.0% |
| Recurring financial income | 75 | €32,208 | €28,660 | -€3,548 | -11.0% |
| Financial charges | 65/66B | €1,492 | €54 | -€1,438 | -96.4% |
| Recurring financial charges | 65 | €1,492 | €54 | -€1,438 | -96.4% |
| Profit (loss) for the period before taxes | 9903 | €9,640 | -€22,193 | -€31,834 | |
| Transfer from deferred taxes | 780 | €15,341 | €15,341 | +€0 | 0.0% |
| Income taxes | 67/77 | €9,120 | €2,541 | -€6,579 | -72.1% |
| Profit (loss) for the period | 9904 | €15,862 | -€9,393 | -€25,255 | |
| Transfer from tax-exempt reserves | 789 | €46,024 | €46,024 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €61,886 | €36,631 | -€25,255 | -40.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.