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KING 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.

What changed

KING CONSULT

BE 0803.672.219
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€60,759
2024 · €65,821-€5,062
Equity
€128,580
2024 · €67,821+€60,759
Cash
€108,305
2024 · €53,041+€55,264
Balance sheet total
€221,326
2024 · €172,731+€48,595

Largest movements

2024 to 2025
Assets
  • Cash +€55,264

    up €55,264 (+104.2%), from €53,041 to €108,305

    mainly Net result for the year (+€60,759) and Tax, wage and social debts (+€17,344)

  • Tangible fixed assets -€16,616

    down €16,616 (-16.6%), from €99,862 to €83,245

  • Receivables within one year +€10,887

    up €10,887 (+60.2%), from €18,078 to €28,965

    of which Other amounts receivable: +€11,285

Equity and liabilities
  • Profit (loss) carried forward +€60,759

    up €60,759 (+92.3%), from €65,821 to €126,580

  • Debts after one year -€30,868

    down €30,868 (-74.5%), from €41,460 to €10,593

  • Tax, wage and social debts +€17,344

    up €17,344 (+52.2%), from €33,209 to €50,553

Income statement
  • Gross operating margin -€10,526

    down €10,526 (-9.7%), from €108,971 to €98,445

  • Depreciation -€3,684

    down €3,684 (-18.1%), from €20,301 to €16,616

  • Taxes -€2,326

    down €2,326 (-11.7%), from €19,935 to €17,609

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €65,821
Gross operating margin -€10,526
Depreciation +€3,684
Other operating charges -€773
Financial income +€187
Financial charges +€39
Taxes +€2,326
Result 2025 €60,759

Cash bridge derived

cash 2024 to 2025

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.

From operations +€84,812
Investment €0
Financing -€29,547
Cash 2024 €53,041
Net result for the year +€60,759
Depreciation +€16,616
Receivables within one year -€10,887
Deferred charges and accrued income +€939
Trade debts +€489
Tax, wage and social debts +€17,344
Other debts -€450
Debts after one year -€30,868
Current portion of long-term debt +€1,320
Cash 2025 €108,305
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €172,731 €221,326 +€48,595 +28.1%
Fixed assets 21/28 €99,862 €83,245 -€16,616 -16.6%
Tangible fixed assets 22/27 €99,862 €83,245 -€16,616 -16.6%
Land and buildings 22 €65,466 €61,927 -€3,539 -5.4%
Plant, machinery and equipment 23 €22,396 €17,318 -€5,078 -22.7%
Furniture and vehicles 24 €12,000 €4,000 -€8,000 -66.7%
Current assets 29/58 €72,869 €138,081 +€65,212 +89.5%
Amounts receivable within one year 40/41 €18,078 €28,965 +€10,887 +60.2%
Trade receivables 40 €18,064 €17,666 -€398 -2.2%
Other amounts receivable 41 €14 €11,299 +€11,285 +80032.1%
Cash at bank and in hand 54/58 €53,041 €108,305 +€55,264 +104.2%
Deferred charges and accrued income 490/1 €1,750 €811 -€939 -53.7%
Total equity and liabilities 10/49 €172,731 €221,326 +€48,595 +28.1%
Equity 10/15 €67,821 €128,580 +€60,759 +89.6%
Contributions 10/11 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 €65,821 €126,580 +€60,759 +92.3%
Amounts payable 17/49 €104,910 €92,746 -€12,164 -11.6%
Amounts payable after more than one year 17 €41,460 €10,593 -€30,868 -74.5%
Financial debts 170/4 €41,460 €10,593 -€30,868 -74.5%
Amounts payable within one year 42/48 €63,449 €82,153 +€18,704 +29.5%
Current portion of amounts payable after more than one year 42 €29,547 €30,868 +€1,320 +4.5%
Trade debts 44 €243 €733 +€489 +201.1%
Suppliers 440/4 €243 €733 +€489 +201.1%
Taxes, remuneration and social security 45 €33,209 €50,553 +€17,344 +52.2%
Taxes 450/3 €33,209 €50,553 +€17,344 +52.2%
Other amounts payable 47/48 €450 - -€450
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €20,301 €16,616 -€3,684 -18.1%
Other operating charges 640/8 €311 €1,084 +€773 +248.5%
Gross operating margin 9900 €108,971 €98,445 -€10,526 -9.7%
Operating profit (loss) 9901 €88,359 €80,745 -€7,614 -8.6%
Financial income 75/76B €3 €190 +€187 +6241.1%
Recurring financial income 75 €3 €190 +€187 +6241.1%
Financial charges 65/66B €2,606 €2,567 -€39 -1.5%
Recurring financial charges 65 €2,606 €2,567 -€39 -1.5%
Profit (loss) for the period before taxes 9903 €85,756 €78,368 -€7,388 -8.6%
Income taxes 67/77 €19,935 €17,609 -€2,326 -11.7%
Profit (loss) for the period 9904 €65,821 €60,759 -€5,062 -7.7%
Profit (loss) for the period to be appropriated 9905 €65,821 €60,759 -€5,062 -7.7%

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 4 October 2026 via checked.be.