Kiyo 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.
Kiyo Consulting
Largest movements
- Tangible fixed assets +€43,952
up €43,952 (+5047.3%), from €871 to €44,823
- Cash +€27,370
up €27,370 (+49.6%), from €55,133 to €82,503
mainly Net result for the year (+€48,001) and Debts after one year (+€29,115)
- Deferred charges and accrued income +€12,785
new in 2025: €12,785
- Receivables after one year +€3,500
new in 2025: €3,500
- Profit (loss) carried forward +€47,168
up €47,168 (+133.1%), from €35,449 to €82,617
- Debts after one year +€29,115
new in 2025: €29,115
- Current portion of long-term debt +€7,539
new in 2025: €7,539
- Tax, wage and social debts +€4,616
up €4,616 (+29.6%), from €15,607 to €20,223
- Gross operating margin +€20,685
up €20,685 (+44.6%), from €46,410 to €67,096
- Depreciation +€4,108
up €4,108 (+2205.9%), from €186 to €4,294
- Taxes +€3,247
up €3,247 (+33.2%), from €9,769 to €13,015
- Financial charges +€799
up €799 (+2168.5%), from €37 to €836
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 | €56,366 | €143,620 | +€87,254 | +154.8% |
| Fixed assets | 21/28 | €871 | €44,823 | +€43,952 | +5047.3% |
| Tangible fixed assets | 22/27 | €871 | €44,823 | +€43,952 | +5047.3% |
| Furniture and vehicles | 24 | €871 | €44,823 | +€43,952 | +5047.3% |
| Current assets | 29/58 | €55,496 | €98,798 | +€43,302 | +78.0% |
| Amounts receivable after more than one year | 29 | - | €3,500 | +€3,500 | |
| Other amounts receivable | 291 | - | €3,500 | +€3,500 | |
| Amounts receivable within one year | 40/41 | €363 | €10 | -€353 | -97.4% |
| Other amounts receivable | 41 | €363 | €10 | -€353 | -97.4% |
| Cash at bank and in hand | 54/58 | €55,133 | €82,503 | +€27,370 | +49.6% |
| Deferred charges and accrued income | 490/1 | - | €12,785 | +€12,785 | |
| Total equity and liabilities | 10/49 | €56,366 | €143,620 | +€87,254 | +154.8% |
| Equity | 10/15 | €37,949 | €85,117 | +€47,168 | +124.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,449 | €82,617 | +€47,168 | +133.1% |
| Amounts payable | 17/49 | €18,417 | €58,503 | +€40,086 | +217.7% |
| Amounts payable after more than one year | 17 | - | €29,115 | +€29,115 | |
| Financial debts | 170/4 | - | €29,115 | +€29,115 | |
| Amounts payable within one year | 42/48 | €18,417 | €29,388 | +€10,971 | +59.6% |
| Current portion of amounts payable after more than one year | 42 | - | €7,539 | +€7,539 | |
| Trade debts | 44 | €1,900 | €555 | -€1,346 | -70.8% |
| Suppliers | 440/4 | €1,900 | €555 | -€1,346 | -70.8% |
| Taxes, remuneration and social security | 45 | €15,607 | €20,223 | +€4,616 | +29.6% |
| Taxes | 450/3 | €15,607 | €20,223 | +€4,616 | +29.6% |
| Other amounts payable | 47/48 | €909 | €1,071 | +€162 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €186 | €4,294 | +€4,108 | +2205.9% |
| Other operating charges | 640/8 | €137 | €343 | +€207 | +151.3% |
| Non-recurring operating charges | 66A | - | €607 | +€607 | |
| Gross operating margin | 9900 | €46,410 | €67,096 | +€20,685 | +44.6% |
| Operating profit (loss) | 9901 | €46,088 | €61,852 | +€15,764 | +34.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €37 | €836 | +€799 | +2168.5% |
| Recurring financial charges | 65 | €37 | €836 | +€799 | +2168.5% |
| Profit (loss) for the period before taxes | 9903 | €46,051 | €61,016 | +€14,965 | +32.5% |
| Income taxes | 67/77 | €9,769 | €13,015 | +€3,247 | +33.2% |
| Profit (loss) for the period | 9904 | €36,282 | €48,001 | +€11,718 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,282 | €48,001 | +€11,718 | +32.3% |
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 8 October 2026 via checked.be.