KAJU 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.
KAJU Consulting
Largest movements
- Cash -€75,798
down €75,798 (-82.1%), from €92,307 to €16,508
mainly Contributions, distributions and other (-€146,141) and Deferred charges and accrued income (-€7,821)
- Deferred charges and accrued income +€7,821
up €7,821 (+472%), from €1,656 to €9,477
- Tangible fixed assets -€6,525
down €6,525 (-14.1%), from €46,233 to €39,708
- Reserves -€75,061
down €75,061 (-51.4%), from €146,141 to €71,081
- Financial income +€2,269
up €2,269 (+2,238%), from €101 to €2,370
- Gross operating margin +€1,390
up €1,390 (+1.5%), from €94,492 to €95,882
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 | €175,829 | €102,188 | -€73,641 | -41.9% |
| Fixed assets | 21/28 | €46,233 | €39,708 | -€6,525 | -14.1% |
| Tangible fixed assets | 22/27 | €46,233 | €39,708 | -€6,525 | -14.1% |
| Other tangible fixed assets | 26 | €46,233 | €39,708 | -€6,525 | -14.1% |
| Current assets | 29/58 | €129,596 | €62,480 | -€67,116 | -51.8% |
| Amounts receivable within one year | 40/41 | €35,633 | €36,494 | +€861 | +2.4% |
| Trade receivables | 40 | €33,638 | €36,195 | +€2,557 | +7.6% |
| Other amounts receivable | 41 | €1,995 | €299 | -€1,696 | -85.0% |
| Cash at bank and in hand | 54/58 | €92,307 | €16,508 | -€75,798 | -82.1% |
| Deferred charges and accrued income | 490/1 | €1,656 | €9,477 | +€7,821 | +472% |
| Total equity and liabilities | 10/49 | €175,829 | €102,188 | -€73,641 | -41.9% |
| Equity | 10/15 | €164,741 | €89,681 | -€75,061 | -45.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €146,141 | €71,081 | -€75,061 | -51.4% |
| Distributable reserves | 133 | €146,141 | €71,081 | -€75,061 | -51.4% |
| Amounts payable | 17/49 | €11,088 | €12,507 | +€1,419 | +12.8% |
| Amounts payable within one year | 42/48 | €11,088 | €12,181 | +€1,093 | +9.9% |
| Trade debts | 44 | €4,830 | €3,759 | -€1,072 | -22.2% |
| Suppliers | 440/4 | €4,830 | €3,759 | -€1,072 | -22.2% |
| Taxes, remuneration and social security | 45 | €6,258 | €7,415 | +€1,157 | +18.5% |
| Taxes | 450/3 | €6,258 | €7,415 | +€1,157 | +18.5% |
| Other amounts payable | 47/48 | - | €1,007 | +€1,007 | |
| Accrued charges and deferred income | 492/3 | - | €327 | +€327 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,731 | €6,525 | -€206 | -3.1% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €94,492 | €95,882 | +€1,390 | +1.5% |
| Operating profit (loss) | 9901 | €87,620 | €89,213 | +€1,592 | +1.8% |
| Financial income | 75/76B | €101 | €2,370 | +€2,269 | +2,238% |
| Recurring financial income | 75 | €101 | €2,370 | +€2,269 | +2,238% |
| Financial charges | 65/66B | €135 | €710 | +€575 | +425% |
| Recurring financial charges | 65 | €135 | €710 | +€575 | +425% |
| Profit (loss) for the period before taxes | 9903 | €87,587 | €90,873 | +€3,286 | +3.8% |
| Income taxes | 67/77 | €19,064 | €19,792 | +€729 | +3.8% |
| Profit (loss) for the period | 9904 | €68,523 | €71,081 | +€2,558 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €68,523 | €71,081 | +€2,558 | +3.7% |
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 30 October 2026 via checked.be.