K2 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.
K2 CONSULTING
Largest movements
- Tangible fixed assets +€159,594
up €159,594 (+48.9%), from €326,100 to €485,694
of which Leasing and similar rights: +€179,672
- Cash -€21,334
down €21,334 (-37.8%), from €56,373 to €35,039
mainly Investment in fixed assets (net) (-€206,266) and Contributions, distributions and other (-€45,787)
- Receivables within one year +€7,751
up €7,751 (+25.0%), from €30,971 to €38,722
of which Other amounts receivable: +€6,729
- Debts after one year +€101,585
up €101,585 (+56.2%), from €180,856 to €282,441
- Reserves +€37,363
up €37,363 (+18.9%), from €197,399 to €234,762
of which Distributable reserves: +€39,223
- Current portion of long-term debt +€15,666
up €15,666 (+90.4%), from €17,328 to €32,993
- Trade debts -€5,691
down €5,691 (-90.4%), from €6,297 to €605
- Gross operating margin +€96,414
up €96,414 (+118.8%), from €81,170 to €177,584
- Taxes +€18,283
up €18,283 (+136.3%), from €13,414 to €31,697
- Depreciation +€16,019
up €16,019 (+52.3%), from €30,653 to €46,672
- Financial charges +€5,098
up €5,098 (+53.7%), from €9,489 to €14,587
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.
Cash bridge derived
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 | €417,663 | €563,838 | +€146,174 | +35.0% |
| Fixed assets | 21/28 | €326,100 | €485,694 | +€159,594 | +48.9% |
| Tangible fixed assets | 22/27 | €326,100 | €485,694 | +€159,594 | +48.9% |
| Plant, machinery and equipment | 23 | - | €1,735 | +€1,735 | |
| Furniture and vehicles | 24 | €51,605 | €30,374 | -€21,231 | -41.1% |
| Leasing and similar rights | 25 | €273,431 | €453,103 | +€179,672 | +65.7% |
| Other tangible fixed assets | 26 | €1,063 | €482 | -€581 | -54.6% |
| Current assets | 29/58 | €91,563 | €78,144 | -€13,420 | -14.7% |
| Amounts receivable within one year | 40/41 | €30,971 | €38,722 | +€7,751 | +25.0% |
| Trade receivables | 40 | €30,910 | €31,933 | +€1,022 | +3.3% |
| Other amounts receivable | 41 | €61 | €6,789 | +€6,729 | +11110.9% |
| Cash at bank and in hand | 54/58 | €56,373 | €35,039 | -€21,334 | -37.8% |
| Deferred charges and accrued income | 490/1 | €4,220 | €4,383 | +€163 | +3.9% |
| Total equity and liabilities | 10/49 | €417,663 | €563,838 | +€146,174 | +35.0% |
| Equity | 10/15 | €203,599 | €240,962 | +€37,363 | +18.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €197,399 | €234,762 | +€37,363 | +18.9% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €195,539 | €234,762 | +€39,223 | +20.1% |
| Amounts payable | 17/49 | €214,064 | €322,876 | +€108,812 | +50.8% |
| Amounts payable after more than one year | 17 | €180,856 | €282,441 | +€101,585 | +56.2% |
| Financial debts | 170/4 | €180,856 | €282,441 | +€101,585 | +56.2% |
| Amounts payable within one year | 42/48 | €33,208 | €40,435 | +€7,226 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €17,328 | €32,993 | +€15,666 | +90.4% |
| Trade debts | 44 | €6,297 | €605 | -€5,691 | -90.4% |
| Suppliers | 440/4 | €6,297 | €605 | -€5,691 | -90.4% |
| Taxes, remuneration and social security | 45 | €8,205 | €6,003 | -€2,203 | -26.8% |
| Taxes | 450/3 | €8,205 | €6,003 | -€2,203 | -26.8% |
| Other amounts payable | 47/48 | €1,379 | €833 | -€546 | -39.6% |
| Non-recurring operating income | 76A | - | €26,924 | +€26,924 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,653 | €46,672 | +€16,019 | +52.3% |
| Other operating charges | 640/8 | €1,701 | €1,918 | +€217 | +12.8% |
| Gross operating margin | 9900 | €81,170 | €177,584 | +€96,414 | +118.8% |
| Operating profit (loss) | 9901 | €48,816 | €128,994 | +€80,178 | +164.2% |
| Financial income | 75/76B | €256 | €440 | +€184 | +71.9% |
| Recurring financial income | 75 | €256 | €440 | +€184 | +71.9% |
| Financial charges | 65/66B | €9,489 | €14,587 | +€5,098 | +53.7% |
| Recurring financial charges | 65 | €9,489 | €14,587 | +€5,098 | +53.7% |
| Profit (loss) for the period before taxes | 9903 | €39,583 | €114,847 | +€75,264 | +190.1% |
| Income taxes | 67/77 | €13,414 | €31,697 | +€18,283 | +136.3% |
| Profit (loss) for the period | 9904 | €26,169 | €83,150 | +€56,981 | +217.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,169 | €83,150 | +€56,981 | +217.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.