KDC Aviation 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.
KDC Aviation Consulting
Largest movements
- Tangible fixed assets -€37,636
down €37,636 (-87.4%), from €43,069 to €5,433
of which Furniture and vehicles: -€42,428
- Receivables within one year +€14,439
up €14,439 (+211%), from €6,831 to €21,271
- Cash -€7,596
down €7,596 (-14.5%), from €52,368 to €44,772
mainly Other debts (-€82,793) and Receivables within one year (-€14,439)
- Other debts -€82,793
down €82,793 (-96.6%), from €85,677 to €2,884
- Reserves +€42,407
up €42,407 (+278%), from €15,241 to €57,648
- Tax, wage and social debts +€9,724
up €9,724 (+403%), from €2,414 to €12,138
- Gross operating margin +€31,938
up €31,938 (+68.1%), from €46,864 to €78,802
- Taxes +€10,426
up €10,426 (+88.2%), from €11,825 to €22,251
- Depreciation -€3,417
down €3,417 (-22.3%), from €15,332 to €11,914
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 | €103,582 | €72,925 | -€30,656 | -29.6% |
| Fixed assets | 21/28 | €43,069 | €5,433 | -€37,636 | -87.4% |
| Tangible fixed assets | 22/27 | €43,069 | €5,433 | -€37,636 | -87.4% |
| Furniture and vehicles | 24 | €43,069 | €641 | -€42,428 | -98.5% |
| Other tangible fixed assets | 26 | - | €4,792 | +€4,792 | |
| Current assets | 29/58 | €60,513 | €67,492 | +€6,980 | +11.5% |
| Amounts receivable within one year | 40/41 | €6,831 | €21,271 | +€14,439 | +211% |
| Trade receivables | 40 | €6,831 | €21,271 | +€14,439 | +211% |
| Cash at bank and in hand | 54/58 | €52,368 | €44,772 | -€7,596 | -14.5% |
| Deferred charges and accrued income | 490/1 | €1,313 | €1,449 | +€136 | +10.3% |
| Total equity and liabilities | 10/49 | €103,582 | €72,925 | -€30,656 | -29.6% |
| Equity | 10/15 | €15,491 | €57,898 | +€42,407 | +274% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Reserves | 13 | €15,241 | €57,648 | +€42,407 | +278% |
| Distributable reserves | 133 | €15,241 | €57,648 | +€42,407 | +278% |
| Amounts payable | 17/49 | €88,091 | €15,027 | -€73,063 | -82.9% |
| Amounts payable within one year | 42/48 | €88,091 | €15,027 | -€73,063 | -82.9% |
| Trade debts | 44 | - | €5 | +€5 | |
| Suppliers | 440/4 | - | €5 | +€5 | |
| Taxes, remuneration and social security | 45 | €2,414 | €12,138 | +€9,724 | +403% |
| Taxes | 450/3 | €2,414 | €12,138 | +€9,724 | +403% |
| Other amounts payable | 47/48 | €85,677 | €2,884 | -€82,793 | -96.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,332 | €11,914 | -€3,417 | -22.3% |
| Other operating charges | 640/8 | €534 | €387 | -€147 | -27.5% |
| Gross operating margin | 9900 | €46,864 | €78,802 | +€31,938 | +68.1% |
| Operating profit (loss) | 9901 | €30,998 | €66,501 | +€35,503 | +115% |
| Financial charges | 65/66B | €125 | €125 | +€0 | +0.1% |
| Recurring financial charges | 65 | €125 | €125 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €30,873 | €66,376 | +€35,502 | +115% |
| Income taxes | 67/77 | €11,825 | €22,251 | +€10,426 | +88.2% |
| Profit (loss) for the period | 9904 | €19,049 | €44,125 | +€25,076 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €19,049 | €44,125 | +€25,076 | +132% |
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 30 October 2026 via checked.be.