K D CONSULTING: 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.
K D CONSULTING
Largest movements
- Tangible fixed assets +€48,572
new in 2025: €48,572
- Cash -€18,998
down €18,998 (-71.5%), from €26,568 to €7,571
mainly Investment in fixed assets (net) (-€58,446) and Trade debts (-€4,932)
- Receivables within one year -€1,465
down €1,465 (-9.6%), from €15,243 to €13,778
of which Trade receivables: -€4,353
- Deferred charges and accrued income +€1,425
new in 2025: €1,425
- Debts after one year +€17,457
new in 2025: €17,457
- Current portion of long-term debt +€11,827
new in 2025: €11,827
- Profit (loss) carried forward +€5,483
up €5,483 (+29.2%), from €18,767 to €24,250
- Trade debts -€4,932
down €4,932 (-59.6%), from €8,282 to €3,350
- Tax, wage and social debts -€959
down €959 (-8.3%), from €11,557 to €10,599
- Depreciation +€9,874
new in 2025: €9,874
- Gross operating margin +€2,845
up €2,845 (+15.2%), from €18,747 to €21,592
- Other operating charges +€2,033
new in 2025: €2,033
- Taxes -€769
down €769 (-19.0%), from €4,040 to €3,271
- Financial charges +€602
up €602 (+184%), from €327 to €929
of which Financial charges: +€330
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 | €42,001 | €71,536 | +€29,535 | +70.3% |
| Fixed assets | 21/28 | €190 | €48,762 | +€48,572 | +25,564% |
| Tangible fixed assets | 22/27 | - | €48,572 | +€48,572 | |
| Furniture and vehicles | 24 | - | €48,572 | +€48,572 | |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €41,811 | €22,774 | -€19,037 | -45.5% |
| Amounts receivable within one year | 40/41 | €15,243 | €13,778 | -€1,465 | -9.6% |
| Trade receivables | 40 | €15,243 | €10,890 | -€4,353 | -28.6% |
| Other amounts receivable | 41 | - | €2,888 | +€2,888 | |
| Cash at bank and in hand | 54/58 | €26,568 | €7,571 | -€18,998 | -71.5% |
| Deferred charges and accrued income | 490/1 | - | €1,425 | +€1,425 | |
| Total equity and liabilities | 10/49 | €42,001 | €71,536 | +€29,535 | +70.3% |
| Equity | 10/15 | €21,767 | €27,250 | +€5,483 | +25.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,767 | €24,250 | +€5,483 | +29.2% |
| Amounts payable | 17/49 | €20,234 | €44,286 | +€24,052 | +119% |
| Amounts payable after more than one year | 17 | - | €17,457 | +€17,457 | |
| Financial debts | 170/4 | - | €17,457 | +€17,457 | |
| Amounts payable within one year | 42/48 | €20,234 | €26,829 | +€6,595 | +32.6% |
| Current portion of amounts payable after more than one year | 42 | - | €11,827 | +€11,827 | |
| Trade debts | 44 | €8,282 | €3,350 | -€4,932 | -59.6% |
| Suppliers | 440/4 | €8,282 | €3,350 | -€4,932 | -59.6% |
| Advances received on contracts in progress | 46 | €242 | - | -€242 | |
| Taxes, remuneration and social security | 45 | €11,557 | €10,599 | -€959 | -8.3% |
| Taxes | 450/3 | €11,557 | €10,599 | -€959 | -8.3% |
| Other amounts payable | 47/48 | €153 | €1,053 | +€900 | +589% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €9,874 | +€9,874 | |
| Other operating charges | 640/8 | - | €2,033 | +€2,033 | |
| Gross operating margin | 9900 | €18,747 | €21,592 | +€2,845 | +15.2% |
| Operating profit (loss) | 9901 | €18,747 | €9,684 | -€9,063 | -48.3% |
| Financial charges | 65/66B | €327 | €929 | +€602 | +184% |
| Recurring financial charges | 65 | €327 | €656 | +€330 | +101% |
| Non-recurring financial charges | 66B | - | €273 | +€273 | |
| Profit (loss) for the period before taxes | 9903 | €18,420 | €8,755 | -€9,665 | -52.5% |
| Income taxes | 67/77 | €4,040 | €3,271 | -€769 | -19.0% |
| Profit (loss) for the period | 9904 | €14,380 | €5,483 | -€8,897 | -61.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,380 | €5,483 | -€8,897 | -61.9% |
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 23 October 2026 via checked.be.