KEB 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.
KEB CONSULTING
Largest movements
- Tangible fixed assets +€63,848
up €63,848 (+109.1%), from €58,510 to €122,359
- Receivables within one year +€19,298
up €19,298 (+20.9%), from €92,226 to €111,524
of which Other amounts receivable: +€12,042
- Cash +€2,702
up €2,702 (+41.8%), from €6,463 to €9,165
mainly Other debts (+€106,204) and Debts after one year (+€70,917)
- Other debts +€106,204
new in 2025: €106,204
- Profit (loss) carried forward -€99,781
down €99,781 (-100.0%), from €99,781 to €0
- Debts after one year +€70,917
up €70,917 (+555.3%), from €12,771 to €83,688
- Tax, wage and social debts +€5,234
up €5,234 (+15.8%), from €33,134 to €38,369
- Current portion of long-term debt +€2,657
up €2,657 (+29.8%), from €8,910 to €11,567
- Gross operating margin -€28,573
down €28,573 (-39.5%), from €72,397 to €43,824
- Taxes -€8,222
down €8,222 (-55.5%), from €14,823 to €6,600
- Depreciation +€2,143
up €2,143 (+50.7%), from €4,225 to €6,369
- Financial charges +€1,311
up €1,311 (+40.7%), from €3,219 to €4,531
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 | €157,476 | €243,339 | +€85,863 | +54.5% |
| Fixed assets | 21/28 | €58,510 | €122,359 | +€63,848 | +109.1% |
| Tangible fixed assets | 22/27 | €58,510 | €122,359 | +€63,848 | +109.1% |
| Land and buildings | 22 | €58,510 | €122,359 | +€63,848 | +109.1% |
| Current assets | 29/58 | €98,966 | €120,980 | +€22,014 | +22.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €92,226 | €111,524 | +€19,298 | +20.9% |
| Trade receivables | 40 | €21,833 | €29,089 | +€7,256 | +33.2% |
| Other amounts receivable | 41 | €70,393 | €82,435 | +€12,042 | +17.1% |
| Cash at bank and in hand | 54/58 | €6,463 | €9,165 | +€2,702 | +41.8% |
| Deferred charges and accrued income | 490/1 | €276 | €291 | +€15 | +5.4% |
| Total equity and liabilities | 10/49 | €157,476 | €243,339 | +€85,863 | +54.5% |
| Equity | 10/15 | €102,281 | €2,500 | -€99,781 | -97.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,781 | €0 | -€99,781 | -100.0% |
| Amounts payable | 17/49 | €55,195 | €240,839 | +€185,644 | +336.3% |
| Amounts payable after more than one year | 17 | €12,771 | €83,688 | +€70,917 | +555.3% |
| Financial debts | 170/4 | €12,771 | €83,688 | +€70,917 | +555.3% |
| Amounts payable within one year | 42/48 | €42,237 | €156,564 | +€114,327 | +270.7% |
| Current portion of amounts payable after more than one year | 42 | €8,910 | €11,567 | +€2,657 | +29.8% |
| Trade debts | 44 | €192 | €425 | +€233 | +121.1% |
| Suppliers | 440/4 | €192 | €425 | +€233 | +121.1% |
| Taxes, remuneration and social security | 45 | €33,134 | €38,369 | +€5,234 | +15.8% |
| Taxes | 450/3 | €33,134 | €38,369 | +€5,234 | +15.8% |
| Other amounts payable | 47/48 | - | €106,204 | +€106,204 | |
| Accrued charges and deferred income | 492/3 | €188 | €587 | +€400 | +213.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,225 | €6,369 | +€2,143 | +50.7% |
| Other operating charges | 640/8 | €1,162 | €1,260 | +€98 | +8.4% |
| Gross operating margin | 9900 | €72,397 | €43,824 | -€28,573 | -39.5% |
| Operating profit (loss) | 9901 | €67,009 | €36,196 | -€30,814 | -46.0% |
| Financial income | 75/76B | - | €100 | +€100 | |
| Recurring financial income | 75 | - | €100 | +€100 | |
| Financial charges | 65/66B | €3,219 | €4,531 | +€1,311 | +40.7% |
| Recurring financial charges | 65 | €3,219 | €4,531 | +€1,311 | +40.7% |
| Profit (loss) for the period before taxes | 9903 | €63,790 | €31,765 | -€32,026 | -50.2% |
| Income taxes | 67/77 | €14,823 | €6,600 | -€8,222 | -55.5% |
| Profit (loss) for the period | 9904 | €48,968 | €25,164 | -€23,803 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €48,968 | €25,164 | -€23,803 | -48.6% |
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 12 October 2026 via checked.be.