KDB CONSULT: 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.
KDB CONSULT
Largest movements
- Cash -€8,693
down €8,693 (-20.6%), from €42,291 to €33,598
mainly Other debts (-€16,698) and Contributions, distributions and other (-€9,000)
- Receivables within one year -€7,469
down €7,469 (-48.7%), from €15,334 to €7,865
of which Other amounts receivable: -€4,602
- Tangible fixed assets -€7,229
down €7,229 (-11.3%), from €64,247 to €57,019
- Other debts -€16,698
down €16,698 (-63.6%), from €26,249 to €9,550
- Debts after one year -€8,887
down €8,887 (-29.3%), from €30,341 to €21,454
- Trade debts +€6,163
new in 2025: €6,163
- Tax, wage and social debts -€4,180
down €4,180 (-19.7%), from €21,208 to €17,029
- Gross operating margin -€49,254
down €49,254 (-63.6%), from €77,401 to €28,146
- Taxes -€6,389
down €6,389 (-59.8%), from €10,691 to €4,302
- Financial charges +€1,788
up €1,788 (+39.3%), from €4,553 to €6,341
of which Financial charges: +€1,347
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.
Cash bridge derived
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 | €121,873 | €98,806 | -€23,067 | -18.9% |
| Fixed assets | 21/28 | €64,247 | €57,019 | -€7,229 | -11.3% |
| Tangible fixed assets | 22/27 | €64,247 | €57,019 | -€7,229 | -11.3% |
| Land and buildings | 22 | €64,247 | €57,019 | -€7,229 | -11.3% |
| Current assets | 29/58 | €57,625 | €41,787 | -€15,839 | -27.5% |
| Amounts receivable within one year | 40/41 | €15,334 | €7,865 | -€7,469 | -48.7% |
| Trade receivables | 40 | €10,732 | €7,865 | -€2,867 | -26.7% |
| Other amounts receivable | 41 | €4,602 | - | -€4,602 | |
| Cash at bank and in hand | 54/58 | €42,291 | €33,598 | -€8,693 | -20.6% |
| Deferred charges and accrued income | 490/1 | - | €324 | +€324 | |
| Total equity and liabilities | 10/49 | €121,873 | €98,806 | -€23,067 | -18.9% |
| Equity | 10/15 | €35,563 | €35,722 | +€159 | +0.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,463 | €34,622 | +€159 | +0.5% |
| Amounts payable | 17/49 | €86,310 | €63,083 | -€23,226 | -26.9% |
| Amounts payable after more than one year | 17 | €30,341 | €21,454 | -€8,887 | -29.3% |
| Financial debts | 170/4 | €30,341 | €21,454 | -€8,887 | -29.3% |
| Amounts payable within one year | 42/48 | €55,969 | €41,629 | -€14,339 | -25.6% |
| Current portion of amounts payable after more than one year | 42 | €8,512 | €8,887 | +€375 | +4.4% |
| Trade debts | 44 | - | €6,163 | +€6,163 | |
| Suppliers | 440/4 | - | €6,163 | +€6,163 | |
| Taxes, remuneration and social security | 45 | €21,208 | €17,029 | -€4,180 | -19.7% |
| Taxes | 450/3 | €21,208 | €17,029 | -€4,180 | -19.7% |
| Other amounts payable | 47/48 | €26,249 | €9,550 | -€16,698 | -63.6% |
| Non-recurring operating income | 76A | €681 | - | -€681 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,888 | €7,229 | +€341 | +4.9% |
| Other operating charges | 640/8 | €628 | €829 | +€201 | +32.0% |
| Non-recurring operating charges | 66A | - | €286 | +€286 | |
| Gross operating margin | 9900 | €77,401 | €28,146 | -€49,254 | -63.6% |
| Operating profit (loss) | 9901 | €69,884 | €19,802 | -€50,082 | -71.7% |
| Financial income | 75/76B | €27 | - | -€27 | |
| Recurring financial income | 75 | €27 | - | -€27 | |
| Financial charges | 65/66B | €4,553 | €6,341 | +€1,788 | +39.3% |
| Recurring financial charges | 65 | €4,553 | €5,900 | +€1,347 | +29.6% |
| Non-recurring financial charges | 66B | - | €441 | +€441 | |
| Profit (loss) for the period before taxes | 9903 | €65,359 | €13,462 | -€51,897 | -79.4% |
| Income taxes | 67/77 | €10,691 | €4,302 | -€6,389 | -59.8% |
| Profit (loss) for the period | 9904 | €54,667 | €9,159 | -€45,508 | -83.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,667 | €9,159 | -€45,508 | -83.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.