KM CONSULTING: 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.
KM CONSULTING
Largest movements
- Tangible fixed assets +€131,670
up €131,670 (+31.4%), from €418,689 to €550,359
of which Land and buildings: +€157,452
- Cash -€111,512
down €111,512 (-33.0%), from €337,980 to €226,468
mainly Investment in fixed assets (net) (-€186,229) and Trade debts (-€45,007)
- Other debts +€46,246
up €46,246 (+154%), from €30,021 to €76,267
- Trade debts -€45,007
down €45,007 (-96.9%), from €46,459 to €1,452
- Profit (loss) carried forward +€36,699
up €36,699 (+199%), from €18,399 to €55,098
- Debts after one year -€25,607
down €25,607 (-6.9%), from €372,282 to €346,674
- Current portion of long-term debt +€16,211
new in 2025: €16,211
- Gross operating margin +€15,988
up €15,988 (+16.4%), from €97,713 to €113,700
- Financial income -€11,698
no longer reported in 2025 (was €11,698)
- Depreciation -€7,717
down €7,717 (-12.4%), from €62,276 to €54,559
- Financial charges +€6,497
up €6,497 (+65.1%), from €9,985 to €16,483
- Other operating charges -€5,746
down €5,746 (-69.6%), from €8,257 to €2,511
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 | €1,412,963 | €1,448,324 | +€35,361 | +2.5% |
| Fixed assets | 21/28 | €418,689 | €550,359 | +€131,670 | +31.4% |
| Tangible fixed assets | 22/27 | €418,689 | €550,359 | +€131,670 | +31.4% |
| Land and buildings | 22 | €392,907 | €550,359 | +€157,452 | +40.1% |
| Plant, machinery and equipment | 23 | €25,782 | - | -€25,782 | |
| Current assets | 29/58 | €994,274 | €897,965 | -€96,309 | -9.7% |
| Amounts receivable after more than one year | 29 | €588,451 | €595,451 | +€7,000 | +1.2% |
| Other amounts receivable | 291 | €588,451 | €595,451 | +€7,000 | +1.2% |
| Amounts receivable within one year | 40/41 | €67,842 | €74,251 | +€6,409 | +9.4% |
| Trade receivables | 40 | €1,292 | - | -€1,292 | |
| Other amounts receivable | 41 | €66,550 | €74,251 | +€7,701 | +11.6% |
| Cash at bank and in hand | 54/58 | €337,980 | €226,468 | -€111,512 | -33.0% |
| Deferred charges and accrued income | 490/1 | - | €1,795 | +€1,795 | |
| Total equity and liabilities | 10/49 | €1,412,963 | €1,448,324 | +€35,361 | +2.5% |
| Equity | 10/15 | €746,842 | €776,108 | +€29,266 | +3.9% |
| Contributions | 10/11 | €104,600 | €104,600 | = | 0.0% |
| Reserves | 13 | €623,843 | €616,410 | -€7,433 | -1.2% |
| Non-distributable reserves | 130/1 | €10,460 | €10,460 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,460 | €10,460 | = | 0.0% |
| Tax-exempt reserves | 132 | €613,383 | €605,950 | -€7,433 | -1.2% |
| Profit (loss) carried forward | 14 | €18,399 | €55,098 | +€36,699 | +199% |
| Provisions and deferred taxes | 16 | €203,794 | €201,317 | -€2,478 | -1.2% |
| Deferred taxes | 168 | €203,794 | €201,317 | -€2,478 | -1.2% |
| Amounts payable | 17/49 | €462,326 | €470,899 | +€8,573 | +1.9% |
| Amounts payable after more than one year | 17 | €372,282 | €346,674 | -€25,607 | -6.9% |
| Financial debts | 170/4 | €372,282 | €346,674 | -€25,607 | -6.9% |
| Amounts payable within one year | 42/48 | €90,044 | €115,200 | +€25,156 | +27.9% |
| Current portion of amounts payable after more than one year | 42 | - | €16,211 | +€16,211 | |
| Trade debts | 44 | €46,459 | €1,452 | -€45,007 | -96.9% |
| Suppliers | 440/4 | €46,459 | €1,452 | -€45,007 | -96.9% |
| Taxes, remuneration and social security | 45 | €13,564 | €21,270 | +€7,706 | +56.8% |
| Taxes | 450/3 | €13,564 | €21,270 | +€7,706 | +56.8% |
| Other amounts payable | 47/48 | €30,021 | €76,267 | +€46,246 | +154% |
| Accrued charges and deferred income | 492/3 | - | €9,025 | +€9,025 | |
| Non-recurring operating income | 76A | €143,407 | €77,170 | -€66,237 | -46.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,276 | €54,559 | -€7,717 | -12.4% |
| Other operating charges | 640/8 | €8,257 | €2,511 | -€5,746 | -69.6% |
| Gross operating margin | 9900 | €97,713 | €113,700 | +€15,988 | +16.4% |
| Operating profit (loss) | 9901 | €27,179 | €56,630 | +€29,451 | +108% |
| Financial income | 75/76B | €11,698 | - | -€11,698 | |
| Recurring financial income | 75 | €11,698 | - | -€11,698 | |
| Financial charges | 65/66B | €9,985 | €16,483 | +€6,497 | +65.1% |
| Recurring financial charges | 65 | €9,985 | €16,483 | +€6,497 | +65.1% |
| Profit (loss) for the period before taxes | 9903 | €28,892 | €40,147 | +€11,255 | +39.0% |
| Transfer from deferred taxes | 780 | - | €2,478 | +€2,478 | |
| Income taxes | 67/77 | €7,922 | €13,359 | +€5,437 | +68.6% |
| Profit (loss) for the period | 9904 | €20,970 | €29,266 | +€8,295 | +39.6% |
| Transfer from tax-exempt reserves | 789 | - | €7,433 | +€7,433 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,970 | €36,699 | +€15,728 | +75.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.