KEFRA 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.
KEFRA CONSULTING
Largest movements
- Receivables within one year +€18,710
up €18,710 (+41.4%), from €45,231 to €63,940
of which Trade receivables: +€19,952
- Cash -€16,033
down €16,033 (-19.9%), from €80,588 to €64,555
mainly Contributions, distributions and other (-€97,865) and Receivables within one year (-€18,710)
- Other debts +€16,215
up €16,215 (+19.7%), from €82,215 to €98,431
- Tax, wage and social debts -€10,927
down €10,927 (-27.5%), from €39,728 to €28,801
of which Taxes: -€11,171
- Trade debts -€2,716
down €2,716 (-55.2%), from €4,920 to €2,204
- Gross operating margin +€29,554
up €29,554 (+15.1%), from €195,129 to €224,683
- Taxes +€6,768
up €6,768 (+32.9%), from €20,586 to €27,355
- Staff costs +€4,125
up €4,125 (+4.4%), from €93,463 to €97,587
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 | €127,056 | €129,741 | +€2,685 | +2.1% |
| Current assets | 29/58 | €127,056 | €129,741 | +€2,685 | +2.1% |
| Amounts receivable within one year | 40/41 | €45,231 | €63,940 | +€18,710 | +41.4% |
| Trade receivables | 40 | €43,717 | €63,668 | +€19,952 | +45.6% |
| Other amounts receivable | 41 | €1,514 | €272 | -€1,242 | -82.0% |
| Cash at bank and in hand | 54/58 | €80,588 | €64,555 | -€16,033 | -19.9% |
| Deferred charges and accrued income | 490/1 | €1,238 | €1,246 | +€8 | +0.7% |
| Total equity and liabilities | 10/49 | €127,056 | €129,741 | +€2,685 | +2.1% |
| Equity | 10/15 | €0 | - | = | |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €127,056 | €129,741 | +€2,685 | +2.1% |
| Amounts payable within one year | 42/48 | €126,863 | €129,436 | +€2,573 | +2.0% |
| Trade debts | 44 | €4,920 | €2,204 | -€2,716 | -55.2% |
| Suppliers | 440/4 | €4,920 | €2,204 | -€2,716 | -55.2% |
| Taxes, remuneration and social security | 45 | €39,728 | €28,801 | -€10,927 | -27.5% |
| Taxes | 450/3 | €30,822 | €19,651 | -€11,171 | -36.2% |
| Remuneration and social security | 454/9 | €8,906 | €9,150 | +€244 | +2.7% |
| Other amounts payable | 47/48 | €82,215 | €98,431 | +€16,215 | +19.7% |
| Accrued charges and deferred income | 492/3 | €193 | €305 | +€113 | +58.5% |
| Non-recurring operating income | 76A | €203 | €0 | -€203 | -100.0% |
| Remuneration, social security and pensions | 62 | €93,463 | €97,587 | +€4,125 | +4.4% |
| Other operating charges | 640/8 | €916 | €940 | +€24 | +2.6% |
| Gross operating margin | 9900 | €195,129 | €224,683 | +€29,554 | +15.1% |
| Operating profit (loss) | 9901 | €100,751 | €126,156 | +€25,406 | +25.2% |
| Financial income | 75/76B | €335 | €421 | +€86 | +25.8% |
| Recurring financial income | 75 | €335 | €421 | +€86 | +25.8% |
| Financial charges | 65/66B | €1,358 | €1,358 | = | 0.0% |
| Recurring financial charges | 65 | €1,358 | €1,358 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €99,727 | €125,219 | +€25,492 | +25.6% |
| Income taxes | 67/77 | €20,586 | €27,355 | +€6,768 | +32.9% |
| Profit (loss) for the period | 9904 | €79,141 | €97,865 | +€18,724 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €79,141 | €97,865 | +€18,724 | +23.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.