KC² 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.
KC² CONSULTING
Largest movements
- Cash -€190,917
down €190,917 (-43.5%), from €438,799 to €247,883
mainly Contributions, distributions and other (-€547,000) and Current investments (-€30,015)
- Receivables within one year -€65,173
down €65,173 (-98.1%), from €66,458 to €1,285
- Current investments +€30,015
up €30,015 (+500%), from €6,000 to €36,015
- Tangible fixed assets -€8,020
down €8,020 (-62.7%), from €12,785 to €4,765
- Equity -€358,744
down €358,744 (-92.5%), from €387,704 to €28,960
of which Reserves: -€359,000
- Debts within one year +€124,649
up €124,649 (+91.4%), from €136,339 to €260,988
- Taxes -€8,964
down €8,964 (-13.3%), from €67,453 to €58,489
- Gross operating margin -€5,867
down €5,867 (-2.2%), from €261,590 to €255,723
From the 2019 result to the 2020 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 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €524,042 | €289,948 | -€234,095 | -44.7% |
| Fixed assets | 21/28 | €12,785 | €4,765 | -€8,020 | -62.7% |
| Tangible fixed assets | 22/27 | €12,785 | €4,765 | -€8,020 | -62.7% |
| Current assets | 29/58 | €511,258 | €285,183 | -€226,075 | -44.2% |
| Amounts receivable within one year | 40/41 | €66,458 | €1,285 | -€65,173 | -98.1% |
| Current investments | 50/53 | €6,000 | €36,015 | +€30,015 | +500% |
| Cash at bank and in hand | 54/58 | €438,799 | €247,883 | -€190,917 | -43.5% |
| Total equity and liabilities | 10/49 | €524,042 | €289,948 | -€234,095 | -44.7% |
| Equity | 10/15 | €387,704 | €28,960 | -€358,744 | -92.5% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €368,860 | €9,860 | -€359,000 | -97.3% |
| Profit (loss) carried forward | 14 | €244 | €500 | +€256 | +105% |
| Amounts payable | 17/49 | €136,339 | €260,988 | +€124,649 | +91.4% |
| Amounts payable within one year | 42/48 | €136,339 | €260,988 | +€124,649 | +91.4% |
| Trade debts | 44 | €145 | €285 | +€141 | +97.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,020 | €8,020 | +€0 | 0.0% |
| Gross operating margin | 9900 | €261,590 | €255,723 | -€5,867 | -2.2% |
| Operating profit (loss) | 9901 | €252,561 | €246,689 | -€5,872 | -2.3% |
| Recurring financial income | 75 | €43 | €97 | +€54 | +126% |
| Recurring financial charges | 65 | €14 | €40 | +€26 | +186% |
| Profit (loss) for the period before taxes | 9903 | €252,589 | €246,746 | -€5,844 | -2.3% |
| Income taxes | 67/77 | €67,453 | €58,489 | -€8,964 | -13.3% |
| Profit (loss) for the period | 9904 | €185,136 | €188,256 | +€3,120 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €185,136 | €188,256 | +€3,120 | +1.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.