KingRE Consulting: 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.
KingRE Consulting
Largest movements
- Receivables within one year +€54,592
up €54,592 (+16.9%), from €322,145 to €376,736
of which Other amounts receivable: +€50,185
- Cash -€11,715
down €11,715 (-46.4%), from €25,259 to €13,544
mainly Receivables within one year (-€54,592) and Debts after one year (-€8,017)
- Tangible fixed assets -€6,394
down €6,394 (-10.6%), from €60,175 to €53,781
of which Other tangible fixed assets: -€6,757
- Reserves +€29,028
up €29,028 (+8.4%), from €346,705 to €375,734
- Debts after one year -€8,017
down €8,017 (-31.6%), from €25,337 to €17,320
- Tax, wage and social debts +€6,847
up €6,847 (+18.4%), from €37,208 to €44,055
of which Taxes: +€10,565
- Gross operating margin -€300,242
down €300,242 (-88.3%), from €340,111 to €39,869
- Taxes -€90,566
down €90,566 (-85.2%), from €106,252 to €15,686
- Financial income +€8,238
up €8,238 (+117.1%), from €7,035 to €15,274
- Depreciation +€3,791
up €3,791 (+96.9%), from €3,911 to €7,702
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.
Cash bridge derived
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 | €431,010 | €464,865 | +€33,855 | +7.9% |
| Fixed assets | 21/28 | €60,175 | €53,781 | -€6,394 | -10.6% |
| Tangible fixed assets | 22/27 | €60,175 | €53,781 | -€6,394 | -10.6% |
| Plant, machinery and equipment | 23 | - | €1,073 | +€1,073 | |
| Furniture and vehicles | 24 | €3,036 | €2,326 | -€710 | -23.4% |
| Other tangible fixed assets | 26 | €57,139 | €50,382 | -€6,757 | -11.8% |
| Current assets | 29/58 | €370,835 | €411,085 | +€40,249 | +10.9% |
| Amounts receivable within one year | 40/41 | €322,145 | €376,736 | +€54,592 | +16.9% |
| Trade receivables | 40 | €87,830 | €92,237 | +€4,407 | +5.0% |
| Other amounts receivable | 41 | €234,315 | €284,499 | +€50,185 | +21.4% |
| Current investments | 50/53 | €18,055 | €19,177 | +€1,122 | +6.2% |
| Cash at bank and in hand | 54/58 | €25,259 | €13,544 | -€11,715 | -46.4% |
| Deferred charges and accrued income | 490/1 | €5,376 | €1,627 | -€3,749 | -69.7% |
| Total equity and liabilities | 10/49 | €431,010 | €464,865 | +€33,855 | +7.9% |
| Equity | 10/15 | €352,905 | €381,934 | +€29,028 | +8.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €346,705 | €375,734 | +€29,028 | +8.4% |
| Distributable reserves | 133 | €346,705 | €375,734 | +€29,028 | +8.4% |
| Amounts payable | 17/49 | €78,105 | €82,932 | +€4,827 | +6.2% |
| Amounts payable after more than one year | 17 | €25,337 | €17,320 | -€8,017 | -31.6% |
| Financial debts | 170/4 | €25,337 | €17,320 | -€8,017 | -31.6% |
| Amounts payable within one year | 42/48 | €52,767 | €65,611 | +€12,844 | +24.3% |
| Current portion of amounts payable after more than one year | 42 | - | €4,581 | +€4,581 | |
| Trade debts | 44 | €15,559 | €16,975 | +€1,416 | +9.1% |
| Suppliers | 440/4 | €15,559 | €16,975 | +€1,416 | +9.1% |
| Taxes, remuneration and social security | 45 | €37,208 | €44,055 | +€6,847 | +18.4% |
| Taxes | 450/3 | €33,490 | €44,055 | +€10,565 | +31.5% |
| Remuneration and social security | 454/9 | €3,718 | - | -€3,718 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,911 | €7,702 | +€3,791 | +96.9% |
| Other operating charges | 640/8 | €2,147 | €1,144 | -€1,003 | -46.7% |
| Gross operating margin | 9900 | €340,111 | €39,869 | -€300,242 | -88.3% |
| Operating profit (loss) | 9901 | €334,053 | €31,024 | -€303,030 | -90.7% |
| Financial income | 75/76B | €7,035 | €15,274 | +€8,238 | +117.1% |
| Recurring financial income | 75 | €7,035 | €15,274 | +€8,238 | +117.1% |
| Financial charges | 65/66B | €1,066 | €1,583 | +€517 | +48.4% |
| Recurring financial charges | 65 | €1,066 | €1,583 | +€517 | +48.4% |
| Profit (loss) for the period before taxes | 9903 | €340,022 | €44,714 | -€295,308 | -86.8% |
| Income taxes | 67/77 | €106,252 | €15,686 | -€90,566 | -85.2% |
| Profit (loss) for the period | 9904 | €233,771 | €29,028 | -€204,742 | -87.6% |
| Profit (loss) for the period to be appropriated | 9905 | €233,771 | €29,028 | -€204,742 | -87.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.