KG Development & 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 Development & Consulting
Largest movements
- Receivables within one year +€87,115
up €87,115 (+49.5%), from €176,088 to €263,203
of which Other amounts receivable: +€92,382
- Tangible fixed assets -€59,919
down €59,919 (-6.5%), from €928,622 to €868,702
of which Furniture and vehicles: -€39,389
- Cash -€24,134
down €24,134 (-13.6%), from €177,292 to €153,158
mainly Receivables within one year (-€87,115) and Net result for the year (-€9,089)
No liability line moved by more than 1% of the balance sheet total.
- Financial charges +€11,113
up €11,113 (+2,687%), from €414 to €11,526
- Other operating charges -€7,309
down €7,309 (-60.2%), from €12,147 to €4,838
- Financial income +€5,576
up €5,576 (+152%), from €3,675 to €9,251
- Gross operating margin -€3,981
down €3,981 (-5.8%), from €68,511 to €64,529
- Depreciation -€2,685
down €2,685 (-4.3%), from €62,605 to €59,919
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 | €1,302,202 | €1,307,563 | +€5,360 | +0.4% |
| Fixed assets | 21/28 | €946,622 | €886,702 | -€59,919 | -6.3% |
| Tangible fixed assets | 22/27 | €928,622 | €868,702 | -€59,919 | -6.5% |
| Land and buildings | 22 | €819,623 | €799,593 | -€20,030 | -2.4% |
| Plant, machinery and equipment | 23 | €877 | €376 | -€501 | -57.1% |
| Furniture and vehicles | 24 | €108,122 | €68,733 | -€39,389 | -36.4% |
| Financial fixed assets | 28 | €18,000 | €18,000 | = | 0.0% |
| Current assets | 29/58 | €355,581 | €420,861 | +€65,280 | +18.4% |
| Amounts receivable within one year | 40/41 | €176,088 | €263,203 | +€87,115 | +49.5% |
| Trade receivables | 40 | €68,282 | €63,015 | -€5,267 | -7.7% |
| Other amounts receivable | 41 | €107,806 | €200,188 | +€92,382 | +85.7% |
| Cash at bank and in hand | 54/58 | €177,292 | €153,158 | -€24,134 | -13.6% |
| Deferred charges and accrued income | 490/1 | €2,201 | €4,500 | +€2,299 | +104% |
| Total equity and liabilities | 10/49 | €1,302,202 | €1,307,563 | +€5,360 | +0.4% |
| Equity | 10/15 | €1,014,598 | €1,005,509 | -€9,089 | -0.9% |
| Contributions | 10/11 | €980,911 | €980,911 | = | 0.0% |
| Reserves | 13 | €36,881 | €36,881 | = | 0.0% |
| Distributable reserves | 133 | €36,881 | €36,881 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,193 | -€12,283 | -€9,089 | -285% |
| Amounts payable | 17/49 | €287,604 | €302,054 | +€14,450 | +5.0% |
| Amounts payable after more than one year | 17 | €268,132 | €278,965 | +€10,833 | +4.0% |
| Financial debts | 170/4 | €268,132 | €278,965 | +€10,833 | +4.0% |
| Amounts payable within one year | 42/48 | €19,472 | €23,089 | +€3,617 | +18.6% |
| Trade debts | 44 | €4,496 | €1,064 | -€3,432 | -76.3% |
| Suppliers | 440/4 | €4,496 | €1,064 | -€3,432 | -76.3% |
| Taxes, remuneration and social security | 45 | €8,857 | €14,790 | +€5,934 | +67.0% |
| Taxes | 450/3 | €8,857 | €14,790 | +€5,934 | +67.0% |
| Other amounts payable | 47/48 | €6,120 | €7,235 | +€1,115 | +18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,605 | €59,919 | -€2,685 | -4.3% |
| Other operating charges | 640/8 | €12,147 | €4,838 | -€7,309 | -60.2% |
| Gross operating margin | 9900 | €68,511 | €64,529 | -€3,981 | -5.8% |
| Operating profit (loss) | 9901 | -€6,241 | -€228 | +€6,013 | +96.3% |
| Financial income | 75/76B | €3,675 | €9,251 | +€5,576 | +152% |
| Recurring financial income | 75 | €3,675 | €9,251 | +€5,576 | +152% |
| Financial charges | 65/66B | €414 | €11,526 | +€11,113 | +2,687% |
| Recurring financial charges | 65 | €414 | €11,526 | +€11,113 | +2,687% |
| Profit (loss) for the period before taxes | 9903 | -€2,980 | -€2,503 | +€476 | +16.0% |
| Income taxes | 67/77 | €5,704 | €6,586 | +€882 | +15.5% |
| Profit (loss) for the period | 9904 | -€8,684 | -€9,089 | -€406 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,684 | -€9,089 | -€406 | -4.7% |
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 20 October 2026 via checked.be.