Key Fin Consult: 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.
Key Fin Consult
Largest movements
- Receivables within one year -€8,910
down €8,910 (-30.0%), from €29,684 to €20,774
of which Trade receivables: -€8,285
- Cash +€1,695
up €1,695 (+126%), from €1,341 to €3,036
mainly Receivables within one year (+€8,910) and Tax, wage and social debts (+€1,345)
- Tangible fixed assets -€700
down €700 (-32.4%), from €2,160 to €1,460
- Deferred charges and accrued income -€500
down €500 (-25.0%), from €2,002 to €1,502
- Trade debts -€9,345
no longer reported in 2025 (was €9,345)
- Tax, wage and social debts +€1,345
up €1,345 (+60.4%), from €2,225 to €3,570
- Profit (loss) carried forward -€415
down €415 (-1.9%), from €22,367 to €21,952
- Financial charges +€1,041
up €1,041 (+52.1%), from €2,000 to €3,041
- Taxes -€882
down €882 (-39.6%), from €2,226 to €1,344
- Other operating charges +€758
up €758 (+46.5%), from €1,629 to €2,387
- Financial income -€250
down €250 (-18.0%), from €1,387 to €1,137
- Gross operating margin -€148
down €148 (-2.4%), from €6,068 to €5,920
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 | €35,187 | €26,772 | -€8,415 | -23.9% |
| Fixed assets | 21/28 | €2,160 | €1,460 | -€700 | -32.4% |
| Tangible fixed assets | 22/27 | €2,160 | €1,460 | -€700 | -32.4% |
| Furniture and vehicles | 24 | €2,160 | €1,460 | -€700 | -32.4% |
| Current assets | 29/58 | €33,027 | €25,312 | -€7,715 | -23.4% |
| Amounts receivable within one year | 40/41 | €29,684 | €20,774 | -€8,910 | -30.0% |
| Trade receivables | 40 | €8,285 | - | -€8,285 | |
| Other amounts receivable | 41 | €21,399 | €20,774 | -€625 | -2.9% |
| Cash at bank and in hand | 54/58 | €1,341 | €3,036 | +€1,695 | +126% |
| Deferred charges and accrued income | 490/1 | €2,002 | €1,502 | -€500 | -25.0% |
| Total equity and liabilities | 10/49 | €35,187 | €26,772 | -€8,415 | -23.9% |
| Equity | 10/15 | €23,617 | €23,202 | -€415 | -1.8% |
| Contributions | 10/11 | €1,250 | €1,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,367 | €21,952 | -€415 | -1.9% |
| Amounts payable | 17/49 | €11,570 | €3,570 | -€8,000 | -69.1% |
| Amounts payable within one year | 42/48 | €11,570 | €3,570 | -€8,000 | -69.1% |
| Trade debts | 44 | €9,345 | - | -€9,345 | |
| Suppliers | 440/4 | €9,345 | - | -€9,345 | |
| Taxes, remuneration and social security | 45 | €2,225 | €3,570 | +€1,345 | +60.4% |
| Taxes | 450/3 | €2,225 | €3,570 | +€1,345 | +60.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €700 | €700 | = | 0.0% |
| Other operating charges | 640/8 | €1,629 | €2,387 | +€758 | +46.5% |
| Gross operating margin | 9900 | €6,068 | €5,920 | -€148 | -2.4% |
| Operating profit (loss) | 9901 | €3,739 | €2,833 | -€906 | -24.2% |
| Financial income | 75/76B | €1,387 | €1,137 | -€250 | -18.0% |
| Recurring financial income | 75 | €1,387 | €1,137 | -€250 | -18.0% |
| Financial charges | 65/66B | €2,000 | €3,041 | +€1,041 | +52.1% |
| Recurring financial charges | 65 | €2,000 | €3,041 | +€1,041 | +52.1% |
| Profit (loss) for the period before taxes | 9903 | €3,126 | €929 | -€2,197 | -70.3% |
| Income taxes | 67/77 | €2,226 | €1,344 | -€882 | -39.6% |
| Profit (loss) for the period | 9904 | €900 | -€415 | -€1,315 | |
| Profit (loss) for the period to be appropriated | 9905 | €900 | -€415 | -€1,315 |
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 16 October 2026 via checked.be.