KAD 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.
KAD CONSULTING
Largest movements
- Cash +€12,518
up €12,518 (+46.9%), from €26,713 to €39,231
mainly Other debts (+€30,282) and Receivables within one year (+€5,632)
- Receivables within one year -€5,632
down €5,632 (-34.0%), from €16,560 to €10,928
of which Trade receivables: -€6,290
- Deferred charges and accrued income -€518
down €518 (-63.5%), from €815 to €297
- Other debts +€30,282
up €30,282 (+738%), from €4,103 to €34,385
- Reserves -€16,000
down €16,000 (-69.6%), from €23,000 to €7,000
- Tax, wage and social debts -€5,751
down €5,751 (-66.9%), from €8,593 to €2,842
of which Taxes: -€7,539
- Trade debts -€2,409
down €2,409 (-29.7%), from €8,108 to €5,700
- Financial charges +€45,786
up €45,786 (+2,521%), from €1,816 to €47,602
- Gross operating margin +€14,649
up €14,649 (+65.7%), from €22,290 to €36,939
- Taxes -€5,516
down €5,516 (-93.6%), from €5,895 to €379
- Staff costs +€4,374
new in 2025: €4,374
- Other operating charges +€400
new in 2025: €400
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 | €44,578 | €50,781 | +€6,203 | +13.9% |
| Fixed assets | 21/28 | €490 | €325 | -€165 | -33.7% |
| Tangible fixed assets | 22/27 | €490 | €325 | -€165 | -33.7% |
| Furniture and vehicles | 24 | €490 | €325 | -€165 | -33.7% |
| Current assets | 29/58 | €44,088 | €50,456 | +€6,368 | +14.4% |
| Amounts receivable within one year | 40/41 | €16,560 | €10,928 | -€5,632 | -34.0% |
| Trade receivables | 40 | €16,560 | €10,270 | -€6,290 | -38.0% |
| Other amounts receivable | 41 | - | €658 | +€658 | |
| Cash at bank and in hand | 54/58 | €26,713 | €39,231 | +€12,518 | +46.9% |
| Deferred charges and accrued income | 490/1 | €815 | €297 | -€518 | -63.5% |
| Total equity and liabilities | 10/49 | €44,578 | €50,781 | +€6,203 | +13.9% |
| Equity | 10/15 | €23,774 | €7,855 | -€15,919 | -67.0% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Reserves | 13 | €23,000 | €7,000 | -€16,000 | -69.6% |
| Distributable reserves | 133 | €23,000 | €7,000 | -€16,000 | -69.6% |
| Profit (loss) carried forward | 14 | €524 | €605 | +€81 | +15.5% |
| Amounts payable | 17/49 | €20,804 | €42,927 | +€22,122 | +106% |
| Amounts payable within one year | 42/48 | €20,804 | €42,927 | +€22,122 | +106% |
| Trade debts | 44 | €8,108 | €5,700 | -€2,409 | -29.7% |
| Suppliers | 440/4 | €8,108 | €5,700 | -€2,409 | -29.7% |
| Taxes, remuneration and social security | 45 | €8,593 | €2,842 | -€5,751 | -66.9% |
| Taxes | 450/3 | €8,593 | €1,054 | -€7,539 | -87.7% |
| Remuneration and social security | 454/9 | - | €1,788 | +€1,788 | |
| Other amounts payable | 47/48 | €4,103 | €34,385 | +€30,282 | +738% |
| Remuneration, social security and pensions | 62 | - | €4,374 | +€4,374 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5 | €165 | +€160 | +3,227% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €22,290 | €36,939 | +€14,649 | +65.7% |
| Operating profit (loss) | 9901 | €22,285 | €32,000 | +€9,714 | +43.6% |
| Financial income | 75/76B | €0 | €63 | +€63 | +209,800% |
| Recurring financial income | 75 | €0 | €63 | +€63 | +209,800% |
| Financial charges | 65/66B | €1,816 | €47,602 | +€45,786 | +2,521% |
| Recurring financial charges | 65 | €1,816 | €47,602 | +€45,786 | +2,521% |
| Profit (loss) for the period before taxes | 9903 | €20,469 | -€15,540 | -€36,009 | |
| Income taxes | 67/77 | €5,895 | €379 | -€5,516 | -93.6% |
| Profit (loss) for the period | 9904 | €14,574 | -€15,919 | -€30,493 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,574 | -€15,919 | -€30,493 |
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 20 October 2026 via checked.be.