KDIV Consult: what changed
Two fiscal 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.
KDIV Consult
Largest movements
- Cash -€2,157
down €2,157 (-1.4%), from €158,719 to €156,562
mainly Contributions, distributions and other (-€21,605) and Other debts (-€19,129)
- Reserves +€23,918
up €23,918 (+25.6%), from €93,607 to €117,525
- Other debts -€19,129
down €19,129 (-46.0%), from €41,547 to €22,418
- Trade debts -€6,448
down €6,448 (-74.5%), from €8,651 to €2,203
- Gross operating margin +€37,017
up €37,017 (+114.7%), from €32,263 to €69,280
- Taxes +€10,568
up €10,568 (+145.6%), from €7,257 to €17,825
- Financial charges -€828
down €828 (-19.1%), from €4,336 to €3,509
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 | €164,631 | €163,746 | -€885 | -0.5% |
| Fixed assets | 21/28 | €4,426 | €4,059 | -€367 | -8.3% |
| Tangible fixed assets | 22/27 | €4,426 | €4,059 | -€367 | -8.3% |
| Plant, machinery and equipment | 23 | €1,972 | €1,744 | -€227 | -11.5% |
| Furniture and vehicles | 24 | €2,454 | €2,315 | -€139 | -5.7% |
| Current assets | 29/58 | €160,205 | €159,687 | -€519 | -0.3% |
| Amounts receivable within one year | 40/41 | €192 | €1,198 | +€1,006 | +525.2% |
| Trade receivables | 40 | €192 | €1,198 | +€1,006 | +525.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €158,719 | €156,562 | -€2,157 | -1.4% |
| Deferred charges and accrued income | 490/1 | €1,294 | €1,927 | +€632 | +48.8% |
| Total equity and liabilities | 10/49 | €164,631 | €163,746 | -€885 | -0.5% |
| Equity | 10/15 | €99,807 | €123,725 | +€23,918 | +24.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €93,607 | €117,525 | +€23,918 | +25.6% |
| Distributable reserves | 133 | €93,607 | €117,525 | +€23,918 | +25.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €64,824 | €40,021 | -€24,803 | -38.3% |
| Amounts payable within one year | 42/48 | €64,744 | €39,941 | -€24,803 | -38.3% |
| Trade debts | 44 | €8,651 | €2,203 | -€6,448 | -74.5% |
| Suppliers | 440/4 | €8,651 | €2,203 | -€6,448 | -74.5% |
| Taxes, remuneration and social security | 45 | €14,546 | €15,320 | +€774 | +5.3% |
| Taxes | 450/3 | €14,546 | €10,779 | -€3,767 | -25.9% |
| Remuneration and social security | 454/9 | €0 | €4,541 | +€4,541 | |
| Other amounts payable | 47/48 | €41,547 | €22,418 | -€19,129 | -46.0% |
| Accrued charges and deferred income | 492/3 | €80 | €80 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,076 | €1,535 | +€459 | +42.6% |
| Other operating charges | 640/8 | €826 | €951 | +€125 | +15.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €32,263 | €69,280 | +€37,017 | +114.7% |
| Operating profit (loss) | 9901 | €30,362 | €66,795 | +€36,433 | +120.0% |
| Financial income | 75/76B | €1 | €61 | +€60 | +12094.0% |
| Recurring financial income | 75 | €1 | €61 | +€60 | +12094.0% |
| Financial charges | 65/66B | €4,336 | €3,509 | -€828 | -19.1% |
| Recurring financial charges | 65 | €4,336 | €3,509 | -€828 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €26,026 | €63,347 | +€37,321 | +143.4% |
| Income taxes | 67/77 | €7,257 | €17,825 | +€10,568 | +145.6% |
| Profit (loss) for the period | 9904 | €18,769 | €45,523 | +€26,753 | +142.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,769 | €45,523 | +€26,753 | +142.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.