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KINTSUGI 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.

What changed

KINTSUGI CONSULTING

BE 0784.380.404
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€35,956
2024 · €41,750-€5,795
Equity
€70,609
2024 · €53,477+€17,132
Cash
€101,611
2024 · €68,582+€33,029
Balance sheet total
€114,682
2024 · €78,791+€35,891

Largest movements

2024 to 2025
Assets
  • Cash +€33,029

    up €33,029 (+48.2%), from €68,582 to €101,611

    mainly Net result for the year (+€35,956) and Tax, wage and social debts (+€10,084)

  • Receivables within one year +€2,575

    up €2,575 (+31.2%), from €8,241 to €10,815

    of which Trade receivables: +€2,379

Equity and liabilities
  • Profit (loss) carried forward +€17,132

    up €17,132 (+36.1%), from €47,477 to €64,609

  • Tax, wage and social debts +€10,084

    up €10,084 (+75.0%), from €13,440 to €23,524

    of which Taxes: +€9,121

  • Other debts +€6,961

    up €6,961 (+58.7%), from €11,862 to €18,824

  • Trade debts +€1,713

    up €1,713 (+14644.9%), from €12 to €1,725

Income statement
  • Taxes +€4,431

    up €4,431 (+77.5%), from €5,718 to €10,149

  • Gross operating margin -€1,334

    down €1,334 (-2.7%), from €49,371 to €48,037

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 €41,750
Gross operating margin -€1,334
Depreciation -€33
Other operating charges -€12
Financial income +€25
Financial charges -€9
Taxes -€4,431
Result 2025 €35,956

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 +€52,678
Investment -€826
Financing -€18,824
Cash 2024 €68,582
Net result for the year +€35,956
Depreciation +€772
Receivables within one year -€2,575
Deferred charges and accrued income -€234
Trade debts +€1,713
Tax, wage and social debts +€10,084
Other debts +€6,961
Investment in fixed assets (net) -€826
Contributions, distributions and other -€18,824
Cash 2025 €101,611
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €78,791 €114,682 +€35,891 +45.6%
Fixed assets 21/28 €1,279 €1,333 +€54 +4.2%
Tangible fixed assets 22/27 €916 €970 +€54 +5.9%
Plant, machinery and equipment 23 €916 €970 +€54 +5.9%
Financial fixed assets 28 €363 €363 = 0.0%
Current assets 29/58 €77,512 €113,349 +€35,837 +46.2%
Amounts receivable within one year 40/41 €8,241 €10,815 +€2,575 +31.2%
Trade receivables 40 €8,026 €10,405 +€2,379 +29.6%
Other amounts receivable 41 €215 €410 +€195 +90.8%
Cash at bank and in hand 54/58 €68,582 €101,611 +€33,029 +48.2%
Deferred charges and accrued income 490/1 €689 €923 +€234 +33.9%
Total equity and liabilities 10/49 €78,791 €114,682 +€35,891 +45.6%
Equity 10/15 €53,477 €70,609 +€17,132 +32.0%
Contributions 10/11 €6,000 €6,000 = 0.0%
Profit (loss) carried forward 14 €47,477 €64,609 +€17,132 +36.1%
Amounts payable 17/49 €25,314 €44,073 +€18,759 +74.1%
Amounts payable within one year 42/48 €25,314 €44,073 +€18,759 +74.1%
Trade debts 44 €12 €1,725 +€1,713 +14644.9%
Suppliers 440/4 €12 €1,725 +€1,713 +14644.9%
Taxes, remuneration and social security 45 €13,440 €23,524 +€10,084 +75.0%
Taxes 450/3 €13,440 €22,561 +€9,121 +67.9%
Remuneration and social security 454/9 - €964 +€964
Other amounts payable 47/48 €11,862 €18,824 +€6,961 +58.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €739 €772 +€33 +4.5%
Other operating charges 640/8 €442 €455 +€12 +2.8%
Gross operating margin 9900 €49,371 €48,037 -€1,334 -2.7%
Operating profit (loss) 9901 €48,190 €46,811 -€1,380 -2.9%
Financial income 75/76B - €25 +€25
Recurring financial income 75 - €25 +€25
Financial charges 65/66B €722 €731 +€9 +1.2%
Recurring financial charges 65 €722 €731 +€9 +1.2%
Profit (loss) for the period before taxes 9903 €47,468 €46,104 -€1,364 -2.9%
Income taxes 67/77 €5,718 €10,149 +€4,431 +77.5%
Profit (loss) for the period 9904 €41,750 €35,956 -€5,795 -13.9%
Profit (loss) for the period to be appropriated 9905 €41,750 €35,956 -€5,795 -13.9%

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 30 September 2026 via checked.be.