KIKO 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.
KIKO CONSULT
Largest movements
- Cash -€56,440
down €56,440 (-90.4%), from €62,400 to €5,960
mainly Debts after one year (-€48,031) and Investment in fixed assets (net) (-€34,570)
- Receivables within one year +€28,126
up €28,126 (+12.6%), from €223,212 to €251,338
of which Trade receivables: +€15,464
- Tangible fixed assets -€26,463
down €26,463 (-12.7%), from €207,802 to €181,339
of which Other tangible fixed assets: -€47,628
- Debts after one year -€48,031
down €48,031 (-18.7%), from €256,642 to €208,610
- Trade debts -€17,619
down €17,619 (-74.7%), from €23,597 to €5,978
- Profit (loss) carried forward +€8,786
up €8,786 (+23.0%), from €38,127 to €46,913
- Gross operating margin +€42,416
up €42,416 (+102%), from €41,448 to €83,864
- Depreciation +€4,513
up €4,513 (+8.0%), from €56,520 to €61,033
- Financial charges -€3,214
down €3,214 (-17.7%), from €18,203 to €14,989
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 | €493,414 | €438,637 | -€54,777 | -11.1% |
| Fixed assets | 21/28 | €207,802 | €181,339 | -€26,463 | -12.7% |
| Tangible fixed assets | 22/27 | €207,802 | €181,339 | -€26,463 | -12.7% |
| Plant, machinery and equipment | 23 | €2,817 | €21,749 | +€18,932 | +672% |
| Furniture and vehicles | 24 | €9,324 | €11,557 | +€2,233 | +23.9% |
| Other tangible fixed assets | 26 | €195,661 | €148,033 | -€47,628 | -24.3% |
| Current assets | 29/58 | €285,612 | €257,298 | -€28,314 | -9.9% |
| Amounts receivable within one year | 40/41 | €223,212 | €251,338 | +€28,126 | +12.6% |
| Trade receivables | 40 | €121,535 | €137,000 | +€15,464 | +12.7% |
| Other amounts receivable | 41 | €101,677 | €114,338 | +€12,661 | +12.5% |
| Cash at bank and in hand | 54/58 | €62,400 | €5,960 | -€56,440 | -90.4% |
| Total equity and liabilities | 10/49 | €493,414 | €438,637 | -€54,777 | -11.1% |
| Equity | 10/15 | €128,127 | €136,913 | +€8,786 | +6.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | - | -€10,000 | |
| Other | 1109/19 | €10,000 | - | -€10,000 | |
| Reserves | 13 | €80,000 | €80,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €80,000 | - | -€80,000 | |
| Own shares acquired | 1312 | €80,000 | - | -€80,000 | |
| Distributable reserves | 133 | - | €80,000 | +€80,000 | |
| Profit (loss) carried forward | 14 | €38,127 | €46,913 | +€8,786 | +23.0% |
| Amounts payable | 17/49 | €365,287 | €301,724 | -€63,563 | -17.4% |
| Amounts payable after more than one year | 17 | €256,642 | €208,610 | -€48,031 | -18.7% |
| Financial debts | 170/4 | €256,642 | €208,610 | -€48,031 | -18.7% |
| Amounts payable within one year | 42/48 | €108,645 | €93,113 | -€15,532 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €47,525 | €49,720 | +€2,195 | +4.6% |
| Trade debts | 44 | €23,597 | €5,978 | -€17,619 | -74.7% |
| Suppliers | 440/4 | €23,597 | €5,978 | -€17,619 | -74.7% |
| Taxes, remuneration and social security | 45 | €37,523 | €37,416 | -€107 | -0.3% |
| Taxes | 450/3 | €37,523 | €27,416 | -€10,107 | -26.9% |
| Remuneration and social security | 454/9 | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,520 | €61,033 | +€4,513 | +8.0% |
| Other operating charges | 640/8 | €4,220 | €4,013 | -€207 | -4.9% |
| Gross operating margin | 9900 | €41,448 | €83,864 | +€42,416 | +102% |
| Operating profit (loss) | 9901 | -€19,292 | €18,818 | +€38,110 | |
| Financial income | 75/76B | €5,279 | €5,172 | -€107 | -2.0% |
| Recurring financial income | 75 | €5,279 | €5,172 | -€107 | -2.0% |
| Financial charges | 65/66B | €18,203 | €14,989 | -€3,214 | -17.7% |
| Recurring financial charges | 65 | €18,203 | €14,989 | -€3,214 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | -€32,216 | €9,002 | +€41,218 | |
| Income taxes | 67/77 | - | €215 | +€215 | |
| Profit (loss) for the period | 9904 | -€32,216 | €8,786 | +€41,002 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,216 | €8,786 | +€41,002 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.