KDN 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.
KDN Consulting
Largest movements
- Cash -€38,153
down €38,153 (-32.0%), from €119,122 to €80,968
mainly Contributions, distributions and other (-€125,000) and Tax, wage and social debts (-€24,369)
- Tangible fixed assets -€6,324
down €6,324 (-2.4%), from €263,848 to €257,524
of which Furniture and vehicles: -€4,200
- Receivables within one year +€6,062
up €6,062 (+21.2%), from €28,556 to €34,618
of which Trade receivables: +€5,869
- Profit (loss) carried forward -€55,654
down €55,654 (-59.1%), from €94,116 to €38,462
- Other debts +€52,801
up €52,801 (+58.1%), from €90,908 to €143,708
- Tax, wage and social debts -€24,369
down €24,369 (-61.1%), from €39,854 to €15,486
- Debts after one year -€10,883
down €10,883 (-6.3%), from €173,924 to €163,041
- Depreciation -€4,910
down €4,910 (-31.3%), from €15,672 to €10,762
- Financial charges -€2,800
down €2,800 (-18.2%), from €15,355 to €12,555
- Taxes +€1,454
up €1,454 (+8.9%), from €16,384 to €17,838
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 | €414,620 | €376,508 | -€38,112 | -9.2% |
| Fixed assets | 21/28 | €263,848 | €257,524 | -€6,324 | -2.4% |
| Tangible fixed assets | 22/27 | €263,848 | €257,524 | -€6,324 | -2.4% |
| Land and buildings | 22 | €255,738 | €253,614 | -€2,124 | -0.8% |
| Furniture and vehicles | 24 | €8,110 | €3,910 | -€4,200 | -51.8% |
| Current assets | 29/58 | €150,773 | €118,984 | -€31,789 | -21.1% |
| Amounts receivable within one year | 40/41 | €28,556 | €34,618 | +€6,062 | +21.2% |
| Trade receivables | 40 | €28,556 | €34,425 | +€5,869 | +20.6% |
| Other amounts receivable | 41 | - | €194 | +€194 | |
| Current investments | 50/53 | €49 | €0 | -€49 | -100.0% |
| Cash at bank and in hand | 54/58 | €119,122 | €80,968 | -€38,153 | -32.0% |
| Deferred charges and accrued income | 490/1 | €3,046 | €3,398 | +€351 | +11.5% |
| Total equity and liabilities | 10/49 | €414,620 | €376,508 | -€38,112 | -9.2% |
| Equity | 10/15 | €96,616 | €40,962 | -€55,654 | -57.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,116 | €38,462 | -€55,654 | -59.1% |
| Amounts payable | 17/49 | €318,004 | €335,546 | +€17,542 | +5.5% |
| Amounts payable after more than one year | 17 | €173,924 | €163,041 | -€10,883 | -6.3% |
| Financial debts | 170/4 | €173,924 | €163,041 | -€10,883 | -6.3% |
| Amounts payable within one year | 42/48 | €143,406 | €171,869 | +€28,463 | +19.8% |
| Current portion of amounts payable after more than one year | 42 | €11,282 | €11,769 | +€487 | +4.3% |
| Financial debts | 43 | €30 | €30 | = | 0.0% |
| Credit institutions | 430/8 | €30 | €30 | = | 0.0% |
| Trade debts | 44 | €1,331 | €876 | -€456 | -34.2% |
| Suppliers | 440/4 | €1,331 | €876 | -€456 | -34.2% |
| Taxes, remuneration and social security | 45 | €39,854 | €15,486 | -€24,369 | -61.1% |
| Taxes | 450/3 | €39,854 | €15,486 | -€24,369 | -61.1% |
| Other amounts payable | 47/48 | €90,908 | €143,708 | +€52,801 | +58.1% |
| Accrued charges and deferred income | 492/3 | €675 | €637 | -€38 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,672 | €10,762 | -€4,910 | -31.3% |
| Other operating charges | 640/8 | €528 | €1,101 | +€574 | +108.7% |
| Gross operating margin | 9900 | €111,195 | €111,601 | +€406 | +0.4% |
| Operating profit (loss) | 9901 | €94,995 | €99,738 | +€4,742 | +5.0% |
| Financial income | 75/76B | €1 | €0 | -€0 | -48.2% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -48.2% |
| Financial charges | 65/66B | €15,355 | €12,555 | -€2,800 | -18.2% |
| Recurring financial charges | 65 | €15,355 | €12,555 | -€2,800 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €79,641 | €87,183 | +€7,542 | +9.5% |
| Income taxes | 67/77 | €16,384 | €17,838 | +€1,454 | +8.9% |
| Profit (loss) for the period | 9904 | €63,258 | €69,346 | +€6,088 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €63,258 | €69,346 | +€6,088 | +9.6% |
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 10 October 2026 via checked.be.