KD 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.
KD Consultancy
Largest movements
- Cash +€75,542
up €75,542 (+197%), from €38,432 to €113,975
mainly Net result for the year (+€54,000) and Tax, wage and social debts (+€10,746)
- Receivables within one year -€2,206
down €2,206 (-7.3%), from €30,337 to €28,131
of which Trade receivables: -€1,724
- Reserves +€52,334
up €52,334 (+102%), from €51,390 to €103,723
- Tax, wage and social debts +€10,746
up €10,746 (+77.6%), from €13,844 to €24,590
- Trade debts +€10,136
up €10,136 (+333%), from €3,042 to €13,178
- Gross operating margin +€3,372
up €3,372 (+4.9%), from €69,025 to €72,397
- Taxes +€1,191
up €1,191 (+7.6%), from €15,573 to €16,764
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 | €70,635 | €144,157 | +€73,522 | +104% |
| Fixed assets | 21/28 | - | €1,182 | +€1,182 | |
| Tangible fixed assets | 22/27 | - | €1,182 | +€1,182 | |
| Furniture and vehicles | 24 | - | €1,182 | +€1,182 | |
| Current assets | 29/58 | €70,635 | €142,975 | +€72,340 | +102% |
| Amounts receivable within one year | 40/41 | €30,337 | €28,131 | -€2,206 | -7.3% |
| Trade receivables | 40 | €15,036 | €13,312 | -€1,724 | -11.5% |
| Other amounts receivable | 41 | €15,301 | €14,819 | -€482 | -3.2% |
| Cash at bank and in hand | 54/58 | €38,432 | €113,975 | +€75,542 | +197% |
| Deferred charges and accrued income | 490/1 | €1,865 | €869 | -€997 | -53.4% |
| Total equity and liabilities | 10/49 | €70,635 | €144,157 | +€73,522 | +104% |
| Equity | 10/15 | €52,890 | €105,223 | +€52,334 | +98.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €51,390 | €103,723 | +€52,334 | +102% |
| Distributable reserves | 133 | €51,390 | €103,723 | +€52,334 | +102% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €17,745 | €38,934 | +€21,189 | +119% |
| Amounts payable within one year | 42/48 | €17,745 | €38,934 | +€21,189 | +119% |
| Trade debts | 44 | €3,042 | €13,178 | +€10,136 | +333% |
| Suppliers | 440/4 | €3,042 | €13,178 | +€10,136 | +333% |
| Taxes, remuneration and social security | 45 | €13,844 | €24,590 | +€10,746 | +77.6% |
| Taxes | 450/3 | €13,844 | €24,590 | +€10,746 | +77.6% |
| Other amounts payable | 47/48 | €859 | €1,166 | +€307 | +35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €136 | +€136 | |
| Other operating charges | 640/8 | - | €62 | +€62 | |
| Gross operating margin | 9900 | €69,025 | €72,397 | +€3,372 | +4.9% |
| Operating profit (loss) | 9901 | €69,025 | €72,200 | +€3,174 | +4.6% |
| Financial charges | 65/66B | €1,204 | €1,436 | +€233 | +19.3% |
| Recurring financial charges | 65 | €1,204 | €1,436 | +€233 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €67,822 | €70,763 | +€2,941 | +4.3% |
| Income taxes | 67/77 | €15,573 | €16,764 | +€1,191 | +7.6% |
| Profit (loss) for the period | 9904 | €52,249 | €54,000 | +€1,751 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,249 | €54,000 | +€1,751 | +3.4% |
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 25 October 2026 via checked.be.