KC MANAGEMENT & CONSULTANCY: 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.
KC MANAGEMENT & CONSULTANCY
Largest movements
- Cash +€75,548
up €75,548 (+322%), from €23,464 to €99,011
mainly Net result for the year (+€78,683) and Other debts (+€18,500)
- Current investments +€20,000
up €20,000 (+16.7%), from €120,000 to €140,000
- Receivables within one year -€11,587
down €11,587 (-35.3%), from €32,791 to €21,204
of which Trade receivables: -€13,591
- Deferred charges and accrued income -€3,699
down €3,699 (-7.5%), from €49,500 to €45,801
- Tangible fixed assets -€3,348
down €3,348 (-41.6%), from €8,054 to €4,706
of which Other tangible fixed assets: -€2,918
- Reserves +€59,500
up €59,500 (+31.5%), from €188,955 to €248,455
- Other debts +€18,500
new in 2026: €18,500
- Debts after one year -€9,369
down €9,369 (-92.2%), from €10,158 to €790
- Tax, wage and social debts +€6,033
up €6,033 (+34.9%), from €17,278 to €23,312
of which Taxes: +€9,868
- Gross operating margin +€88,565
up €88,565 (+155%), from €57,294 to €145,859
- Other operating charges +€34,722
up €34,722 (+3,231%), from €1,075 to €35,797
- Taxes +€14,220
up €14,220 (+90.7%), from €15,675 to €29,895
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 | €233,859 | €310,773 | +€76,914 | +32.9% |
| Fixed assets | 21/28 | €8,104 | €4,756 | -€3,348 | -41.3% |
| Tangible fixed assets | 22/27 | €8,054 | €4,706 | -€3,348 | -41.6% |
| Furniture and vehicles | 24 | €430 | €0 | -€430 | -100% |
| Other tangible fixed assets | 26 | €7,625 | €4,706 | -€2,918 | -38.3% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €225,755 | €306,016 | +€80,262 | +35.6% |
| Amounts receivable within one year | 40/41 | €32,791 | €21,204 | -€11,587 | -35.3% |
| Trade receivables | 40 | €32,791 | €19,200 | -€13,591 | -41.4% |
| Other amounts receivable | 41 | - | €2,004 | +€2,004 | |
| Current investments | 50/53 | €120,000 | €140,000 | +€20,000 | +16.7% |
| Cash at bank and in hand | 54/58 | €23,464 | €99,011 | +€75,548 | +322% |
| Deferred charges and accrued income | 490/1 | €49,500 | €45,801 | -€3,699 | -7.5% |
| Total equity and liabilities | 10/49 | €233,859 | €310,773 | +€76,914 | +32.9% |
| Equity | 10/15 | €196,504 | €256,686 | +€60,183 | +30.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €188,955 | €248,455 | +€59,500 | +31.5% |
| Distributable reserves | 133 | €188,955 | €248,455 | +€59,500 | +31.5% |
| Profit (loss) carried forward | 14 | €1,348 | €2,031 | +€683 | +50.6% |
| Amounts payable | 17/49 | €37,355 | €54,086 | +€16,731 | +44.8% |
| Amounts payable after more than one year | 17 | €10,158 | €790 | -€9,369 | -92.2% |
| Financial debts | 170/4 | €10,158 | €790 | -€9,369 | -92.2% |
| Amounts payable within one year | 42/48 | €27,197 | €53,297 | +€26,100 | +96.0% |
| Current portion of amounts payable after more than one year | 42 | €9,172 | €9,369 | +€196 | +2.1% |
| Trade debts | 44 | €747 | €2,117 | +€1,370 | +184% |
| Suppliers | 440/4 | €747 | €2,117 | +€1,370 | +184% |
| Taxes, remuneration and social security | 45 | €17,278 | €23,312 | +€6,033 | +34.9% |
| Taxes | 450/3 | €13,443 | €23,312 | +€9,868 | +73.4% |
| Remuneration and social security | 454/9 | €3,835 | €0 | -€3,835 | -100% |
| Other amounts payable | 47/48 | - | €18,500 | +€18,500 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,419 | €3,348 | -€71 | -2.1% |
| Other operating charges | 640/8 | €1,075 | €35,797 | +€34,722 | +3,231% |
| Gross operating margin | 9900 | €57,294 | €145,859 | +€88,565 | +155% |
| Operating profit (loss) | 9901 | €52,800 | €106,714 | +€53,914 | +102% |
| Financial income | 75/76B | €1,673 | €2,521 | +€848 | +50.7% |
| Recurring financial income | 75 | €1,673 | €2,521 | +€848 | +50.7% |
| Financial charges | 65/66B | €1,040 | €657 | -€383 | -36.8% |
| Recurring financial charges | 65 | €1,040 | €657 | -€383 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | €53,433 | €108,578 | +€55,145 | +103% |
| Income taxes | 67/77 | €15,675 | €29,895 | +€14,220 | +90.7% |
| Profit (loss) for the period | 9904 | €37,758 | €78,683 | +€40,925 | +108% |
| Profit (loss) for the period to be appropriated | 9905 | €37,758 | €78,683 | +€40,925 | +108% |
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 25 October 2026 via checked.be.