KERVAN-DESISNES CONSULT: what changed
What changed
KERVAN-DESISNES CONSULT
NACE 73.300, Public relations and communication consultancy
filed annual accounts (NBB)
Net result for the year
€62,919
2024 · €45,437+€17,482
Equity
€143,023
2024 · €140,418+€2,605
Cash
€208,106
2024 · €187,267+€20,838
Balance sheet total
€332,545
2024 · €341,643-€9,098
Largest movements
Assets
- Tangible fixed assets -€29,290
down €29,290 (-21.9%), from €133,467 to €104,177
of which Land and buildings: -€24,156
- Cash +€20,838
up €20,838 (+11.1%), from €187,267 to €208,106
mainly Net result for the year (+€62,919) and Depreciation (+€29,290)
Equity and liabilities
- Debts after one year -€22,508
down €22,508 (-16.5%), from €136,519 to €114,011
- Tax, wage and social debts +€10,696
up €10,696 (+76.1%), from €14,058 to €24,753
of which Taxes: +€13,481
Income statement
- Gross operating margin +€23,749
up €23,749 (+23.4%), from €101,570 to €125,319
- Taxes +€6,783
up €6,783 (+36.7%), from €18,487 to €25,270
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€45,437
Gross operating margin
+€23,749
Other operating charges
-€216
Financial income
-€87
Financial charges
+€819
Taxes
-€6,783
Result 2025
€62,919
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€102,724
Investment
€0
Financing
-€81,886
Cash 2024
€187,267
From operations (derived)
+€102,724
Net result for the year
+€62,919
Depreciation
+€29,290
Receivables within one year
+€238
Deferred charges and accrued income
+€407
Trade debts
+€850
Tax, wage and social debts
+€10,696
Other debts
-€1,676
Financing
-€81,886
Debts after one year
-€22,508
Current portion of long-term debt
+€937
Contributions, distributions and other
-€60,315
Cash 2025
€208,106
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €341,643 | €332,545 | -€9,098 | -2.7% |
| Fixed assets | 21/28 | €133,467 | €104,177 | -€29,290 | -21.9% |
| Tangible fixed assets | 22/27 | €133,467 | €104,177 | -€29,290 | -21.9% |
| Land and buildings | 22 | €126,561 | €102,405 | -€24,156 | -19.1% |
| Furniture and vehicles | 24 | €6,906 | €1,772 | -€5,134 | -74.3% |
| Current assets | 29/58 | €208,175 | €228,368 | +€20,193 | +9.7% |
| Amounts receivable within one year | 40/41 | €18,034 | €17,796 | -€238 | -1.3% |
| Trade receivables | 40 | €9,672 | €17,796 | +€8,124 | +84.0% |
| Other amounts receivable | 41 | €8,362 | - | -€8,362 | |
| Cash at bank and in hand | 54/58 | €187,267 | €208,106 | +€20,838 | +11.1% |
| Deferred charges and accrued income | 490/1 | €2,874 | €2,466 | -€407 | -14.2% |
| Total equity and liabilities | 10/49 | €341,643 | €332,545 | -€9,098 | -2.7% |
| Equity | 10/15 | €140,418 | €143,023 | +€2,605 | +1.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €134,218 | €136,823 | +€2,605 | +1.9% |
| Distributable reserves | 133 | €134,218 | €136,823 | +€2,605 | +1.9% |
| Amounts payable | 17/49 | €201,224 | €189,522 | -€11,702 | -5.8% |
| Amounts payable after more than one year | 17 | €136,519 | €114,011 | -€22,508 | -16.5% |
| Financial debts | 170/4 | €136,519 | €114,011 | -€22,508 | -16.5% |
| Amounts payable within one year | 42/48 | €64,705 | €75,511 | +€10,806 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €21,571 | €22,508 | +€937 | +4.3% |
| Trade debts | 44 | €3,350 | €4,199 | +€850 | +25.4% |
| Suppliers | 440/4 | €3,350 | €4,199 | +€850 | +25.4% |
| Taxes, remuneration and social security | 45 | €14,058 | €24,753 | +€10,696 | +76.1% |
| Taxes | 450/3 | €11,272 | €24,753 | +€13,481 | +120% |
| Remuneration and social security | 454/9 | €2,785 | - | -€2,785 | |
| Other amounts payable | 47/48 | €25,726 | €24,050 | -€1,676 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,290 | €29,290 | = | 0.0% |
| Other operating charges | 640/8 | €2,433 | €2,649 | +€216 | +8.9% |
| Gross operating margin | 9900 | €101,570 | €125,319 | +€23,749 | +23.4% |
| Operating profit (loss) | 9901 | €69,846 | €93,380 | +€23,534 | +33.7% |
| Financial income | 75/76B | €1,447 | €1,360 | -€87 | -6.0% |
| Recurring financial income | 75 | €1,447 | €1,360 | -€87 | -6.0% |
| Financial charges | 65/66B | €7,369 | €6,550 | -€819 | -11.1% |
| Recurring financial charges | 65 | €7,369 | €6,550 | -€819 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €63,924 | €88,189 | +€24,265 | +38.0% |
| Income taxes | 67/77 | €18,487 | €25,270 | +€6,783 | +36.7% |
| Profit (loss) for the period | 9904 | €45,437 | €62,919 | +€17,482 | +38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €45,437 | €62,919 | +€17,482 | +38.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.