KADET 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.
KADET CONSULTING
Largest movements
- Cash +€109,779
up €109,779 (+90.8%), from €120,836 to €230,615
mainly Net result for the year (+€93,299) and Tax, wage and social debts (+€23,584)
- Tangible fixed assets -€15,974
down €15,974 (-20.2%), from €79,133 to €63,158
of which Furniture and vehicles: -€15,708
- Receivables after one year +€10,000
up €10,000 (+9.8%), from €101,823 to €111,823
- Reserves +€93,299
up €93,299 (+35.5%), from €262,803 to €356,101
- Tax, wage and social debts +€23,584
up €23,584 (+88.5%), from €26,644 to €50,228
of which Taxes: +€23,584
- Debts after one year -€12,411
down €12,411 (-36.4%), from €34,142 to €21,731
- Depreciation +€11,025
up €11,025 (+124%), from €8,894 to €19,919
- Gross operating margin -€5,336
down €5,336 (-3.6%), from €148,549 to €143,213
- Taxes -€4,453
down €4,453 (-14.2%), from €31,365 to €26,912
- Financial income -€2,457
down €2,457 (-100%), from €2,457 to €0
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €339,202 | €443,188 | +€103,986 | +30.7% |
| Fixed assets | 21/28 | €93,389 | €74,791 | -€18,598 | -19.9% |
| Intangible fixed assets | 21 | €11,256 | €8,633 | -€2,623 | -23.3% |
| Tangible fixed assets | 22/27 | €79,133 | €63,158 | -€15,974 | -20.2% |
| Plant, machinery and equipment | 23 | €2,408 | €2,141 | -€267 | -11.1% |
| Furniture and vehicles | 24 | €76,725 | €61,017 | -€15,708 | -20.5% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €245,813 | €368,396 | +€122,583 | +49.9% |
| Amounts receivable after more than one year | 29 | €101,823 | €111,823 | +€10,000 | +9.8% |
| Other amounts receivable | 291 | €101,823 | €111,823 | +€10,000 | +9.8% |
| Amounts receivable within one year | 40/41 | €22,660 | €25,305 | +€2,645 | +11.7% |
| Trade receivables | 40 | €22,660 | €23,574 | +€915 | +4.0% |
| Other amounts receivable | 41 | - | €1,730 | +€1,730 | |
| Cash at bank and in hand | 54/58 | €120,836 | €230,615 | +€109,779 | +90.8% |
| Deferred charges and accrued income | 490/1 | €494 | €653 | +€159 | +32.3% |
| Total equity and liabilities | 10/49 | €339,202 | €443,188 | +€103,986 | +30.7% |
| Equity | 10/15 | €265,203 | €358,501 | +€93,299 | +35.2% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €262,803 | €356,101 | +€93,299 | +35.5% |
| Distributable reserves | 133 | €262,803 | €356,101 | +€93,299 | +35.5% |
| Amounts payable | 17/49 | €73,999 | €84,686 | +€10,687 | +14.4% |
| Amounts payable after more than one year | 17 | €34,142 | €21,731 | -€12,411 | -36.4% |
| Financial debts | 170/4 | €34,142 | €21,731 | -€12,411 | -36.4% |
| Amounts payable within one year | 42/48 | €39,857 | €62,955 | +€23,098 | +58.0% |
| Current portion of amounts payable after more than one year | 42 | €11,960 | €12,411 | +€450 | +3.8% |
| Trade debts | 44 | €585 | €0 | -€585 | -100% |
| Suppliers | 440/4 | €585 | €0 | -€585 | -100% |
| Taxes, remuneration and social security | 45 | €26,644 | €50,228 | +€23,584 | +88.5% |
| Taxes | 450/3 | €26,644 | €50,228 | +€23,584 | +88.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €668 | €316 | -€352 | -52.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €18 | €0 | -€18 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,894 | €19,919 | +€11,025 | +124% |
| Other operating charges | 640/8 | €931 | €287 | -€644 | -69.2% |
| Gross operating margin | 9900 | €148,549 | €143,213 | -€5,336 | -3.6% |
| Operating profit (loss) | 9901 | €138,706 | €123,007 | -€15,699 | -11.3% |
| Financial income | 75/76B | €2,457 | €0 | -€2,457 | -100% |
| Recurring financial income | 75 | €2,457 | €0 | -€2,457 | -100% |
| Financial charges | 65/66B | €3,528 | €2,796 | -€731 | -20.7% |
| Recurring financial charges | 65 | €3,528 | €2,796 | -€731 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €137,634 | €120,210 | -€17,424 | -12.7% |
| Income taxes | 67/77 | €31,365 | €26,912 | -€4,453 | -14.2% |
| Profit (loss) for the period | 9904 | €106,270 | €93,299 | -€12,971 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €106,270 | €93,299 | -€12,971 | -12.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.