Keystone Consulting Services: 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.
Keystone Consulting Services
Largest movements
- Cash +€30,419
up €30,419 (+89.8%), from €33,865 to €64,284
mainly Net result for the year (+€45,139) and Tax, wage and social debts (+€7,626)
- Tangible fixed assets +€14,122
up €14,122 (+118%), from €11,959 to €26,081
of which Furniture and vehicles: +€13,699
- Profit (loss) carried forward +€44,280
up €44,280 (+238%), from €18,617 to €62,897
- Tax, wage and social debts +€7,626
up €7,626 (+47.1%), from €16,202 to €23,828
- Other debts -€6,500
down €6,500 (-26.4%), from €24,644 to €18,144
- Trade debts -€2,706
down €2,706 (-60.1%), from €4,504 to €1,799
- Accrued charges and deferred income +€1,620
new in 2025: €1,620
- Gross operating margin +€41,154
up €41,154 (+159%), from €25,957 to €67,111
- Taxes +€7,016
up €7,016 (+138%), from €5,072 to €12,088
- Depreciation +€5,794
up €5,794 (+405%), from €1,429 to €7,224
- Financial charges +€2,569
up €2,569 (+42,812%), from €6 to €2,575
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 | €67,226 | €112,229 | +€45,003 | +66.9% |
| Fixed assets | 21/28 | €13,204 | €27,326 | +€14,122 | +107% |
| Tangible fixed assets | 22/27 | €11,959 | €26,081 | +€14,122 | +118% |
| Plant, machinery and equipment | 23 | - | €422 | +€422 | |
| Furniture and vehicles | 24 | €11,959 | €25,658 | +€13,699 | +115% |
| Financial fixed assets | 28 | €1,245 | €1,245 | = | 0.0% |
| Current assets | 29/58 | €54,022 | €84,903 | +€30,881 | +57.2% |
| Amounts receivable within one year | 40/41 | €19,058 | €18,604 | -€454 | -2.4% |
| Trade receivables | 40 | €19,058 | €18,604 | -€454 | -2.4% |
| Cash at bank and in hand | 54/58 | €33,865 | €64,284 | +€30,419 | +89.8% |
| Deferred charges and accrued income | 490/1 | €1,099 | €2,015 | +€916 | +83.4% |
| Total equity and liabilities | 10/49 | €67,226 | €112,229 | +€45,003 | +66.9% |
| Equity | 10/15 | €21,617 | €65,897 | +€44,280 | +205% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,617 | €62,897 | +€44,280 | +238% |
| Amounts payable | 17/49 | €45,609 | €46,332 | +€723 | +1.6% |
| Amounts payable within one year | 42/48 | €45,609 | €44,712 | -€897 | -2.0% |
| Financial debts | 43 | €258 | €942 | +€684 | +265% |
| Other loans | 439 | €258 | €942 | +€684 | +265% |
| Trade debts | 44 | €4,504 | €1,799 | -€2,706 | -60.1% |
| Suppliers | 440/4 | €4,504 | €1,799 | -€2,706 | -60.1% |
| Taxes, remuneration and social security | 45 | €16,202 | €23,828 | +€7,626 | +47.1% |
| Taxes | 450/3 | €16,202 | €23,828 | +€7,626 | +47.1% |
| Other amounts payable | 47/48 | €24,644 | €18,144 | -€6,500 | -26.4% |
| Accrued charges and deferred income | 492/3 | - | €1,620 | +€1,620 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,429 | €7,224 | +€5,794 | +405% |
| Other operating charges | 640/8 | - | €86 | +€86 | |
| Gross operating margin | 9900 | €25,957 | €67,111 | +€41,154 | +159% |
| Operating profit (loss) | 9901 | €24,528 | €59,802 | +€35,274 | +144% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6 | €2,575 | +€2,569 | +42,812% |
| Recurring financial charges | 65 | €6 | €2,575 | +€2,569 | +42,812% |
| Profit (loss) for the period before taxes | 9903 | €24,522 | €57,227 | +€32,705 | +133% |
| Income taxes | 67/77 | €5,072 | €12,088 | +€7,016 | +138% |
| Profit (loss) for the period | 9904 | €19,450 | €45,139 | +€25,689 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €19,450 | €45,139 | +€25,689 | +132% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.