KH 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.
KH Consult
Largest movements
- Receivables within one year +€8,560
up €8,560 (+178.2%), from €4,804 to €13,364
of which Trade receivables: +€11,785
- Cash -€1,687
down €1,687 (-9.1%), from €18,569 to €16,881
mainly Receivables within one year (-€8,560) and Tax, wage and social debts (-€2,727)
- Tangible fixed assets +€377
up €377 (+27.8%), from €1,357 to €1,734
- Profit (loss) carried forward +€5,444
up €5,444 (+85.9%), from -€6,335 to -€891
- Other debts +€4,745
up €4,745 (+27.0%), from €17,583 to €22,328
- Tax, wage and social debts -€2,727
down €2,727 (-69.6%), from €3,918 to €1,190
- Gross operating margin +€6,678
up €6,678 (+118.4%), from €5,638 to €12,316
- Taxes +€608
up €608 (+43.3%), from €1,404 to €2,011
- Other operating charges +€497
up €497 (+17.2%), from €2,891 to €3,388
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 | €24,730 | €31,980 | +€7,250 | +29.3% |
| Fixed assets | 21/28 | €1,357 | €1,734 | +€377 | +27.8% |
| Tangible fixed assets | 22/27 | €1,357 | €1,734 | +€377 | +27.8% |
| Plant, machinery and equipment | 23 | €1,357 | €1,734 | +€377 | +27.8% |
| Current assets | 29/58 | €23,373 | €30,246 | +€6,873 | +29.4% |
| Amounts receivable within one year | 40/41 | €4,804 | €13,364 | +€8,560 | +178.2% |
| Trade receivables | 40 | €0 | €11,785 | +€11,785 | |
| Other amounts receivable | 41 | €4,804 | €1,579 | -€3,225 | -67.1% |
| Cash at bank and in hand | 54/58 | €18,569 | €16,881 | -€1,687 | -9.1% |
| Total equity and liabilities | 10/49 | €24,730 | €31,980 | +€7,250 | +29.3% |
| Equity | 10/15 | €1,840 | €7,284 | +€5,444 | +295.8% |
| Contributions | 10/11 | €8,175 | €8,175 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,335 | -€891 | +€5,444 | +85.9% |
| Amounts payable | 17/49 | €22,890 | €24,696 | +€1,806 | +7.9% |
| Amounts payable within one year | 42/48 | €22,890 | €24,696 | +€1,806 | +7.9% |
| Trade debts | 44 | €1,389 | €1,178 | -€211 | -15.2% |
| Suppliers | 440/4 | €1,389 | €1,178 | -€211 | -15.2% |
| Taxes, remuneration and social security | 45 | €3,918 | €1,190 | -€2,727 | -69.6% |
| Taxes | 450/3 | €3,918 | €1,190 | -€2,727 | -69.6% |
| Other amounts payable | 47/48 | €17,583 | €22,328 | +€4,745 | +27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,417 | €1,465 | +€48 | +3.4% |
| Other operating charges | 640/8 | €2,891 | €3,388 | +€497 | +17.2% |
| Gross operating margin | 9900 | €5,638 | €12,316 | +€6,678 | +118.4% |
| Operating profit (loss) | 9901 | €1,330 | €7,463 | +€6,133 | +461.1% |
| Financial income | 75/76B | €52 | €64 | +€13 | +24.2% |
| Recurring financial income | 75 | €52 | €64 | +€13 | +24.2% |
| Financial charges | 65/66B | €46 | €72 | +€26 | +55.3% |
| Recurring financial charges | 65 | €46 | €72 | +€26 | +55.3% |
| Profit (loss) for the period before taxes | 9903 | €1,335 | €7,455 | +€6,119 | +458.3% |
| Income taxes | 67/77 | €1,404 | €2,011 | +€608 | +43.3% |
| Profit (loss) for the period | 9904 | -€68 | €5,444 | +€5,512 | |
| Profit (loss) for the period to be appropriated | 9905 | -€68 | €5,444 | +€5,512 |
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 12 October 2026 via checked.be.