KeTa 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.
KeTa Consulting
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€48,685
down €48,685 (-44.6%), from €109,275 to €60,589
mainly Current investments (-€100,000) and Debts after one year (-€12,467)
- Tangible fixed assets -€10,475
down €10,475 (-30.9%), from €33,863 to €23,389
- Receivables within one year +€5,634
up €5,634 (+24.2%), from €23,320 to €28,954
of which Trade receivables: +€3,975
- Reserves +€63,037
up €63,037 (+56.2%), from €112,068 to €175,105
- Debts after one year -€12,467
down €12,467 (-74.5%), from €16,744 to €4,277
- Trade debts -€3,305
down €3,305 (-95.5%), from €3,460 to €155
- Gross operating margin -€77,242
down €77,242 (-45.8%), from €168,601 to €91,360
- Taxes -€18,051
down €18,051 (-50.6%), from €35,664 to €17,613
- Depreciation -€8,035
down €8,035 (-43.4%), from €18,510 to €10,475
- Financial charges -€1,859
down €1,859 (-61.9%), from €3,004 to €1,145
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 | €167,203 | €213,635 | +€46,432 | +27.8% |
| Fixed assets | 21/28 | €33,863 | €23,389 | -€10,475 | -30.9% |
| Tangible fixed assets | 22/27 | €33,863 | €23,389 | -€10,475 | -30.9% |
| Furniture and vehicles | 24 | €33,863 | €23,389 | -€10,475 | -30.9% |
| Current assets | 29/58 | €133,340 | €190,246 | +€56,906 | +42.7% |
| Amounts receivable within one year | 40/41 | €23,320 | €28,954 | +€5,634 | +24.2% |
| Trade receivables | 40 | €21,248 | €25,223 | +€3,975 | +18.7% |
| Other amounts receivable | 41 | €2,073 | €3,731 | +€1,659 | +80.0% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €109,275 | €60,589 | -€48,685 | -44.6% |
| Deferred charges and accrued income | 490/1 | €745 | €702 | -€43 | -5.7% |
| Total equity and liabilities | 10/49 | €167,203 | €213,635 | +€46,432 | +27.8% |
| Equity | 10/15 | €122,068 | €185,105 | +€63,037 | +51.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €112,068 | €175,105 | +€63,037 | +56.2% |
| Distributable reserves | 133 | €112,068 | €175,105 | +€63,037 | +56.2% |
| Amounts payable | 17/49 | €45,136 | €28,530 | -€16,606 | -36.8% |
| Amounts payable after more than one year | 17 | €16,744 | €4,277 | -€12,467 | -74.5% |
| Financial debts | 170/4 | €16,744 | €4,277 | -€12,467 | -74.5% |
| Amounts payable within one year | 42/48 | €28,168 | €24,253 | -€3,915 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | €11,941 | €12,467 | +€526 | +4.4% |
| Trade debts | 44 | €3,460 | €155 | -€3,305 | -95.5% |
| Suppliers | 440/4 | €3,460 | €155 | -€3,305 | -95.5% |
| Taxes, remuneration and social security | 45 | €5,756 | €5,754 | -€2 | 0.0% |
| Taxes | 450/3 | €5,756 | €5,754 | -€2 | 0.0% |
| Other amounts payable | 47/48 | €7,011 | €5,877 | -€1,134 | -16.2% |
| Accrued charges and deferred income | 492/3 | €224 | €0 | -€224 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,510 | €10,475 | -€8,035 | -43.4% |
| Other operating charges | 640/8 | €719 | €347 | -€372 | -51.7% |
| Gross operating margin | 9900 | €168,601 | €91,360 | -€77,242 | -45.8% |
| Operating profit (loss) | 9901 | €149,373 | €80,538 | -€68,835 | -46.1% |
| Financial income | 75/76B | €1,363 | €1,257 | -€105 | -7.7% |
| Recurring financial income | 75 | €1,363 | €1,257 | -€105 | -7.7% |
| Financial charges | 65/66B | €3,004 | €1,145 | -€1,859 | -61.9% |
| Recurring financial charges | 65 | €3,004 | €1,145 | -€1,859 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | €147,732 | €80,651 | -€67,081 | -45.4% |
| Income taxes | 67/77 | €35,664 | €17,613 | -€18,051 | -50.6% |
| Profit (loss) for the period | 9904 | €112,068 | €63,037 | -€49,030 | -43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €112,068 | €63,037 | -€49,030 | -43.8% |
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 27 October 2026 via checked.be.