KDK 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.
KDK CONSULT
Largest movements
- Tangible fixed assets -€12,131
down €12,131 (-31.2%), from €38,896 to €26,764
- Reserves -€8,965
down €8,965 (-3.2%), from €278,566 to €269,601
of which Distributable reserves: -€8,965
- Gross operating margin +€7,915
up €7,915 (+34.2%), from €23,150 to €31,065
- Taxes +€2,445
up €2,445 (+73.9%), from €3,309 to €5,754
- Financial income +€876
up €876 (+155%), from €566 to €1,442
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 | €300,819 | €288,915 | -€11,904 | -4.0% |
| Fixed assets | 21/28 | €38,896 | €26,764 | -€12,131 | -31.2% |
| Tangible fixed assets | 22/27 | €38,896 | €26,764 | -€12,131 | -31.2% |
| Furniture and vehicles | 24 | €38,896 | €26,764 | -€12,131 | -31.2% |
| Current assets | 29/58 | €261,923 | €262,151 | +€228 | +0.1% |
| Amounts receivable within one year | 40/41 | €9,574 | €10,089 | +€515 | +5.4% |
| Trade receivables | 40 | €5,713 | €4,549 | -€1,164 | -20.4% |
| Other amounts receivable | 41 | €3,861 | €5,540 | +€1,679 | +43.5% |
| Current investments | 50/53 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €230,068 | €229,610 | -€458 | -0.2% |
| Deferred charges and accrued income | 490/1 | €2,281 | €2,452 | +€171 | +7.5% |
| Total equity and liabilities | 10/49 | €300,819 | €288,915 | -€11,904 | -4.0% |
| Equity | 10/15 | €293,066 | €284,101 | -€8,965 | -3.1% |
| Contributions | 10/11 | €14,500 | €14,500 | = | 0.0% |
| Reserves | 13 | €278,566 | €269,601 | -€8,965 | -3.2% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €276,711 | €267,746 | -€8,965 | -3.2% |
| Amounts payable | 17/49 | €7,753 | €4,814 | -€2,938 | -37.9% |
| Amounts payable within one year | 42/48 | €7,753 | €4,814 | -€2,938 | -37.9% |
| Trade debts | 44 | €132 | €307 | +€175 | +132% |
| Suppliers | 440/4 | €132 | €307 | +€175 | +132% |
| Taxes, remuneration and social security | 45 | €3,984 | €1,607 | -€2,377 | -59.7% |
| Taxes | 450/3 | €3,984 | €1,607 | -€2,377 | -59.7% |
| Other amounts payable | 47/48 | €3,637 | €2,900 | -€736 | -20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,131 | €12,131 | -€0 | 0.0% |
| Other operating charges | 640/8 | €199 | €140 | -€59 | -29.7% |
| Gross operating margin | 9900 | €23,150 | €31,065 | +€7,915 | +34.2% |
| Operating profit (loss) | 9901 | €10,819 | €18,794 | +€7,975 | +73.7% |
| Financial income | 75/76B | €566 | €1,442 | +€876 | +155% |
| Recurring financial income | 75 | €566 | €1,442 | +€876 | +155% |
| Financial charges | 65/66B | €172 | €124 | -€47 | -27.5% |
| Recurring financial charges | 65 | €172 | €124 | -€47 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €11,213 | €20,111 | +€8,898 | +79.4% |
| Income taxes | 67/77 | €3,309 | €5,754 | +€2,445 | +73.9% |
| Profit (loss) for the period | 9904 | €7,904 | €14,357 | +€6,453 | +81.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,904 | €14,357 | +€6,453 | +81.6% |
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 14 October 2026 via checked.be.