KAIZEN RH 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.
KAIZEN RH CONSULTING
Largest movements
- Receivables within one year -€27,327
down €27,327 (-90.9%), from €30,052 to €2,725
of which Other amounts receivable: -€29,853
- Tangible fixed assets +€15,055
up €15,055 (+9.7%), from €154,537 to €169,592
of which Furniture and vehicles: +€25,634
- Cash +€2,455
up €2,455 (+451%), from €544 to €2,999
mainly Receivables within one year (+€27,327) and Depreciation (+€12,742)
- Profit (loss) carried forward -€8,984
down €8,984 (-49.6%), from €18,105 to €9,121
- Debts after one year -€7,740
down €7,740 (-6.8%), from €113,350 to €105,610
- Trade debts +€7,396
up €7,396 (+38.8%), from €19,043 to €26,439
- Gross operating margin +€50,291
up €50,291, from -€37,021 to €13,270
- Financial income -€3,161
no longer reported in 2025 (was €3,161)
- Depreciation +€3,154
up €3,154 (+32.9%), from €9,588 to €12,742
- Financial charges -€2,297
down €2,297 (-25.1%), from €9,144 to €6,847
- Other operating charges +€545
up €545 (+30.6%), from €1,782 to €2,327
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 | €187,496 | €176,826 | -€10,670 | -5.7% |
| Fixed assets | 21/28 | €155,057 | €170,112 | +€15,055 | +9.7% |
| Tangible fixed assets | 22/27 | €154,537 | €169,592 | +€15,055 | +9.7% |
| Land and buildings | 22 | €149,450 | €141,068 | -€8,382 | -5.6% |
| Plant, machinery and equipment | 23 | €5,087 | €2,889 | -€2,198 | -43.2% |
| Furniture and vehicles | 24 | - | €25,634 | +€25,634 | |
| Financial fixed assets | 28 | €520 | €520 | = | 0.0% |
| Current assets | 29/58 | €32,439 | €6,714 | -€25,725 | -79.3% |
| Amounts receivable within one year | 40/41 | €30,052 | €2,725 | -€27,327 | -90.9% |
| Trade receivables | 40 | €199 | €2,725 | +€2,526 | +1,269% |
| Other amounts receivable | 41 | €29,853 | - | -€29,853 | |
| Cash at bank and in hand | 54/58 | €544 | €2,999 | +€2,455 | +451% |
| Deferred charges and accrued income | 490/1 | €1,843 | €990 | -€853 | -46.3% |
| Total equity and liabilities | 10/49 | €187,496 | €176,826 | -€10,670 | -5.7% |
| Equity | 10/15 | €20,105 | €11,121 | -€8,984 | -44.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,105 | €9,121 | -€8,984 | -49.6% |
| Amounts payable | 17/49 | €167,391 | €165,704 | -€1,687 | -1.0% |
| Amounts payable after more than one year | 17 | €113,350 | €105,610 | -€7,740 | -6.8% |
| Financial debts | 170/4 | €113,350 | €105,610 | -€7,740 | -6.8% |
| Amounts payable within one year | 42/48 | €54,041 | €60,095 | +€6,054 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €8,085 | €7,994 | -€91 | -1.1% |
| Financial debts | 43 | €5,243 | €5,208 | -€35 | -0.7% |
| Credit institutions | 430/8 | €5,243 | €5,208 | -€35 | -0.7% |
| Trade debts | 44 | €19,043 | €26,439 | +€7,396 | +38.8% |
| Suppliers | 440/4 | €19,043 | €26,439 | +€7,396 | +38.8% |
| Taxes, remuneration and social security | 45 | €21,670 | €20,454 | -€1,216 | -5.6% |
| Taxes | 450/3 | €21,670 | €20,454 | -€1,216 | -5.6% |
| Remuneration, social security and pensions | 62 | - | €109 | +€109 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,588 | €12,742 | +€3,154 | +32.9% |
| Other operating charges | 640/8 | €1,782 | €2,327 | +€545 | +30.6% |
| Gross operating margin | 9900 | -€37,021 | €13,270 | +€50,291 | |
| Operating profit (loss) | 9901 | -€48,391 | -€1,908 | +€46,483 | +96.1% |
| Financial income | 75/76B | €3,161 | - | -€3,161 | |
| Recurring financial income | 75 | €3,161 | - | -€3,161 | |
| Financial charges | 65/66B | €9,144 | €6,847 | -€2,297 | -25.1% |
| Recurring financial charges | 65 | €9,144 | €6,847 | -€2,297 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | -€54,374 | -€8,755 | +€45,619 | +83.9% |
| Income taxes | 67/77 | €251 | €229 | -€22 | -8.8% |
| Profit (loss) for the period | 9904 | -€54,625 | -€8,984 | +€45,641 | +83.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,625 | -€8,984 | +€45,641 | +83.6% |
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 1 November 2026 via checked.be.