KG CONSULT: what changed
Two fiscal 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.
KG CONSULT
Largest movements
- Cash +€28,595
up €28,595 (+101.0%), from €28,316 to €56,911
mainly Net result for the year (+€28,413) and Depreciation (+€9,790)
- Tangible fixed assets -€9,790
down €9,790 (-24.3%), from €40,283 to €30,493
- Reserves +€28,413
up €28,413 (+77.7%), from €36,577 to €64,990
- Debts after one year -€8,817
down €8,817 (-31.1%), from €28,342 to €19,525
- Gross operating margin -€10,649
down €10,649 (-18.3%), from €58,035 to €47,385
- Taxes -€2,453
down €2,453 (-24.5%), from €10,015 to €7,562
- Depreciation +€1,123
up €1,123 (+13.0%), from €8,666 to €9,790
- Financial charges -€820
down €820 (-37.9%), from €2,166 to €1,345
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 | €78,934 | €99,172 | +€20,238 | +25.6% |
| Fixed assets | 21/28 | €40,283 | €30,493 | -€9,790 | -24.3% |
| Tangible fixed assets | 22/27 | €40,283 | €30,493 | -€9,790 | -24.3% |
| Furniture and vehicles | 24 | €40,283 | €30,493 | -€9,790 | -24.3% |
| Current assets | 29/58 | €38,651 | €68,679 | +€30,028 | +77.7% |
| Amounts receivable within one year | 40/41 | €9,800 | €10,588 | +€787 | +8.0% |
| Trade receivables | 40 | €9,800 | €10,588 | +€787 | +8.0% |
| Cash at bank and in hand | 54/58 | €28,316 | €56,911 | +€28,595 | +101.0% |
| Deferred charges and accrued income | 490/1 | €535 | €1,180 | +€645 | +120.5% |
| Total equity and liabilities | 10/49 | €78,934 | €99,172 | +€20,238 | +25.6% |
| Equity | 10/15 | €37,577 | €65,990 | +€28,413 | +75.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €36,577 | €64,990 | +€28,413 | +77.7% |
| Distributable reserves | 133 | €36,577 | €64,990 | +€28,413 | +77.7% |
| Amounts payable | 17/49 | €41,357 | €33,182 | -€8,174 | -19.8% |
| Amounts payable after more than one year | 17 | €28,342 | €19,525 | -€8,817 | -31.1% |
| Financial debts | 170/4 | €28,342 | €19,525 | -€8,817 | -31.1% |
| Amounts payable within one year | 42/48 | €13,015 | €13,657 | +€642 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €8,475 | €8,817 | +€341 | +4.0% |
| Trade debts | 44 | €606 | €582 | -€24 | -4.0% |
| Suppliers | 440/4 | €606 | €582 | -€24 | -4.0% |
| Taxes, remuneration and social security | 45 | €2,832 | €3,112 | +€280 | +9.9% |
| Taxes | 450/3 | €2,741 | €3,112 | +€371 | +13.5% |
| Remuneration and social security | 454/9 | €91 | €0 | -€91 | -100.0% |
| Other amounts payable | 47/48 | €1,101 | €1,146 | +€45 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,666 | €9,790 | +€1,123 | +13.0% |
| Other operating charges | 640/8 | €611 | €276 | -€335 | -54.9% |
| Gross operating margin | 9900 | €58,035 | €47,385 | -€10,649 | -18.3% |
| Operating profit (loss) | 9901 | €48,757 | €37,320 | -€11,438 | -23.5% |
| Financial charges | 65/66B | €2,166 | €1,345 | -€820 | -37.9% |
| Recurring financial charges | 65 | €2,166 | €1,345 | -€820 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €46,591 | €35,974 | -€10,617 | -22.8% |
| Income taxes | 67/77 | €10,015 | €7,562 | -€2,453 | -24.5% |
| Profit (loss) for the period | 9904 | €36,577 | €28,413 | -€8,164 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,577 | €28,413 | -€8,164 | -22.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.