KG 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.
KG Consulting
Largest movements
- Tangible fixed assets +€15,224
new in 2024: €15,224
of which Land and buildings: +€14,326
- Cash -€9,964
down €9,964 (-8.8%), from €112,915 to €102,951
mainly Investment in fixed assets (net) (-€17,265) and Tax, wage and social debts (-€12,620)
- Reserves +€19,500
up €19,500 (+35.1%), from €55,530 to €75,030
of which Distributable reserves: +€60,000
- Tax, wage and social debts -€12,620
down €12,620 (-44.0%), from €28,706 to €16,086
of which Remuneration and social security: -€16,035
- Trade debts -€4,082
down €4,082 (-100%), from €4,082 to €0
- Other debts +€2,594
up €2,594 (+81.2%), from €3,194 to €5,788
- Profit (loss) carried forward +€1,527
up €1,527 (+3.7%), from €41,212 to €42,739
- Gross operating margin +€17,427
up €17,427 (+84.5%), from €20,626 to €38,053
- Taxes +€4,870
up €4,870 (+106%), from €4,589 to €9,459
- Other operating charges -€2,410
down €2,410 (-32.6%), from €7,395 to €4,985
- Financial charges -€1,387
down €1,387 (-68.9%), from €2,014 to €627
- Depreciation +€389
up €389 (+23.5%), from €1,652 to €2,041
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €133,725 | €139,943 | +€6,218 | +4.6% |
| Fixed assets | 21/28 | - | €15,224 | +€15,224 | |
| Tangible fixed assets | 22/27 | - | €15,224 | +€15,224 | |
| Land and buildings | 22 | - | €14,326 | +€14,326 | |
| Furniture and vehicles | 24 | - | €898 | +€898 | |
| Current assets | 29/58 | €133,725 | €124,719 | -€9,006 | -6.7% |
| Amounts receivable within one year | 40/41 | €20,810 | €21,768 | +€958 | +4.6% |
| Trade receivables | 40 | €16,554 | €17,242 | +€688 | +4.2% |
| Other amounts receivable | 41 | €4,256 | €4,526 | +€270 | +6.3% |
| Cash at bank and in hand | 54/58 | €112,915 | €102,951 | -€9,964 | -8.8% |
| Total equity and liabilities | 10/49 | €133,725 | €139,943 | +€6,218 | +4.6% |
| Equity | 10/15 | €97,042 | €118,069 | +€21,027 | +21.7% |
| Contributions | 10/11 | €300 | €300 | = | 0.0% |
| Reserves | 13 | €55,530 | €75,030 | +€19,500 | +35.1% |
| Non-distributable reserves | 130/1 | €30 | €30 | = | 0.0% |
| Reserves not available under the articles | 1311 | €30 | €30 | = | 0.0% |
| Tax-exempt reserves | 132 | €40,500 | - | -€40,500 | |
| Distributable reserves | 133 | €15,000 | €75,000 | +€60,000 | +400% |
| Profit (loss) carried forward | 14 | €41,212 | €42,739 | +€1,527 | +3.7% |
| Amounts payable | 17/49 | €36,683 | €21,874 | -€14,809 | -40.4% |
| Amounts payable within one year | 42/48 | €36,683 | €21,874 | -€14,809 | -40.4% |
| Current portion of amounts payable after more than one year | 42 | €701 | - | -€701 | |
| Trade debts | 44 | €4,082 | €0 | -€4,082 | -100% |
| Suppliers | 440/4 | €4,082 | €0 | -€4,082 | -100% |
| Taxes, remuneration and social security | 45 | €28,706 | €16,086 | -€12,620 | -44.0% |
| Taxes | 450/3 | €8,421 | €11,836 | +€3,415 | +40.6% |
| Remuneration and social security | 454/9 | €20,285 | €4,250 | -€16,035 | -79.0% |
| Other amounts payable | 47/48 | €3,194 | €5,788 | +€2,594 | +81.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,652 | €2,041 | +€389 | +23.5% |
| Other operating charges | 640/8 | €7,395 | €4,985 | -€2,410 | -32.6% |
| Gross operating margin | 9900 | €20,626 | €38,053 | +€17,427 | +84.5% |
| Operating profit (loss) | 9901 | €11,579 | €31,027 | +€19,448 | +168% |
| Financial income | 75/76B | - | €86 | +€86 | |
| Recurring financial income | 75 | - | €86 | +€86 | |
| Financial charges | 65/66B | €2,014 | €627 | -€1,387 | -68.9% |
| Recurring financial charges | 65 | €2,014 | €627 | -€1,387 | -68.9% |
| Profit (loss) for the period before taxes | 9903 | €9,565 | €30,486 | +€20,921 | +219% |
| Income taxes | 67/77 | €4,589 | €9,459 | +€4,870 | +106% |
| Profit (loss) for the period | 9904 | €4,976 | €21,027 | +€16,051 | +323% |
| Transfer to tax-exempt reserves | 689 | €4,000 | - | -€4,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €976 | €21,027 | +€20,051 | +2,054% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.