KE 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.
KE Consulting
Largest movements
- Receivables after one year -€100,000
no longer reported in 2025 (was €100,000)
- Tangible fixed assets +€24,169
up €24,169 (+198%), from €12,186 to €36,355
of which Furniture and vehicles: +€29,013
- Cash +€12,400
up €12,400 (+71.6%), from €17,307 to €29,707
mainly Receivables after one year (+€100,000) and Other debts (+€34,442)
- Receivables within one year -€5,053
down €5,053 (-19.0%), from €26,554 to €21,501
of which Trade receivables: -€7,896
- Financial fixed assets -€3,500
no longer reported in 2025 (was €3,500)
- Reserves -€138,593
no longer reported in 2025 (was €138,593)
- Other debts +€34,442
up €34,442 (+1,932%), from €1,783 to €36,225
- Debts after one year +€19,522
new in 2025: €19,522
- Current portion of long-term debt +€10,200
new in 2025: €10,200
- Trade debts +€2,790
up €2,790 (+158%), from €1,761 to €4,551
- Depreciation +€5,272
up €5,272 (+100%), from €5,247 to €10,519
- Gross operating margin -€3,839
down €3,839 (-6.3%), from €60,632 to €56,793
- Taxes -€2,304
down €2,304 (-19.2%), from €12,025 to €9,721
- Financial charges +€1,711
up €1,711 (+69.5%), from €2,461 to €4,172
- Financial income -€635
down €635 (-35.8%), from €1,775 to €1,140
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 | €162,205 | €90,561 | -€71,644 | -44.2% |
| Fixed assets | 21/28 | €15,686 | €36,355 | +€20,669 | +132% |
| Tangible fixed assets | 22/27 | €12,186 | €36,355 | +€24,169 | +198% |
| Land and buildings | 22 | €9,619 | €5,651 | -€3,968 | -41.3% |
| Plant, machinery and equipment | 23 | €2,567 | €1,692 | -€876 | -34.1% |
| Furniture and vehicles | 24 | - | €29,013 | +€29,013 | |
| Financial fixed assets | 28 | €3,500 | - | -€3,500 | |
| Current assets | 29/58 | €146,519 | €54,206 | -€92,313 | -63.0% |
| Amounts receivable after more than one year | 29 | €100,000 | - | -€100,000 | |
| Other amounts receivable | 291 | €100,000 | - | -€100,000 | |
| Amounts receivable within one year | 40/41 | €26,554 | €21,501 | -€5,053 | -19.0% |
| Trade receivables | 40 | €26,554 | €18,658 | -€7,896 | -29.7% |
| Other amounts receivable | 41 | - | €2,843 | +€2,843 | |
| Cash at bank and in hand | 54/58 | €17,307 | €29,707 | +€12,400 | +71.6% |
| Deferred charges and accrued income | 490/1 | €2,659 | €2,998 | +€340 | +12.8% |
| Total equity and liabilities | 10/49 | €162,205 | €90,561 | -€71,644 | -44.2% |
| Equity | 10/15 | €141,593 | €3,000 | -€138,593 | -97.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €138,593 | - | -€138,593 | |
| Distributable reserves | 133 | €138,593 | - | -€138,593 | |
| Amounts payable | 17/49 | €20,613 | €87,561 | +€66,949 | +325% |
| Amounts payable after more than one year | 17 | - | €19,522 | +€19,522 | |
| Financial debts | 170/4 | - | €19,522 | +€19,522 | |
| Amounts payable within one year | 42/48 | €20,613 | €68,040 | +€47,427 | +230% |
| Current portion of amounts payable after more than one year | 42 | - | €10,200 | +€10,200 | |
| Trade debts | 44 | €1,761 | €4,551 | +€2,790 | +158% |
| Suppliers | 440/4 | €1,761 | €4,551 | +€2,790 | +158% |
| Taxes, remuneration and social security | 45 | €17,069 | €17,063 | -€5 | 0.0% |
| Taxes | 450/3 | €17,069 | €17,063 | -€5 | 0.0% |
| Other amounts payable | 47/48 | €1,783 | €36,225 | +€34,442 | +1,932% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,247 | €10,519 | +€5,272 | +100% |
| Other operating charges | 640/8 | €740 | €593 | -€147 | -19.8% |
| Gross operating margin | 9900 | €60,632 | €56,793 | -€3,839 | -6.3% |
| Operating profit (loss) | 9901 | €54,644 | €45,680 | -€8,964 | -16.4% |
| Financial income | 75/76B | €1,775 | €1,140 | -€635 | -35.8% |
| Recurring financial income | 75 | €1,775 | €1,140 | -€635 | -35.8% |
| Financial charges | 65/66B | €2,461 | €4,172 | +€1,711 | +69.5% |
| Recurring financial charges | 65 | €2,461 | €4,172 | +€1,711 | +69.5% |
| Profit (loss) for the period before taxes | 9903 | €53,958 | €42,648 | -€11,310 | -21.0% |
| Income taxes | 67/77 | €12,025 | €9,721 | -€2,304 | -19.2% |
| Profit (loss) for the period | 9904 | €41,933 | €32,926 | -€9,006 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,933 | €32,926 | -€9,006 | -21.5% |
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 26 October 2026 via checked.be.