KMG-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.
KMG-CONSULTING
Largest movements
- Receivables within one year +€10,178
up €10,178 (+280%), from €3,630 to €13,808
- Financial fixed assets +€10,000
new in 2025: €10,000
- Tangible fixed assets -€8,709
down €8,709 (-17.6%), from €49,591 to €40,882
of which Furniture and vehicles: -€11,152
- Cash +€2,341
up €2,341 (+5.6%), from €41,786 to €44,126
mainly Net result for the year (+€14,514) and Depreciation (+€12,932)
- Reserves +€14,514
up €14,514 (+77.3%), from €18,776 to €33,290
- Debts after one year -€9,576
down €9,576 (-33.3%), from €28,727 to €19,151
- Other debts +€5,052
up €5,052 (+23.7%), from €21,274 to €26,326
- Trade debts +€3,276
up €3,276 (+1,139%), from €288 to €3,564
- Gross operating margin -€2,685
down €2,685 (-7.0%), from €38,171 to €35,486
- Depreciation +€1,648
up €1,648 (+14.6%), from €11,284 to €12,932
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 | €96,415 | €110,315 | +€13,900 | +14.4% |
| Fixed assets | 21/28 | €49,591 | €50,882 | +€1,291 | +2.6% |
| Tangible fixed assets | 22/27 | €49,591 | €40,882 | -€8,709 | -17.6% |
| Plant, machinery and equipment | 23 | €4,500 | €6,943 | +€2,443 | +54.3% |
| Furniture and vehicles | 24 | €45,091 | €33,939 | -€11,152 | -24.7% |
| Financial fixed assets | 28 | - | €10,000 | +€10,000 | |
| Current assets | 29/58 | €46,824 | €59,433 | +€12,609 | +26.9% |
| Amounts receivable within one year | 40/41 | €3,630 | €13,808 | +€10,178 | +280% |
| Trade receivables | 40 | €3,630 | €13,808 | +€10,178 | +280% |
| Cash at bank and in hand | 54/58 | €41,786 | €44,126 | +€2,341 | +5.6% |
| Deferred charges and accrued income | 490/1 | €1,408 | €1,499 | +€90 | +6.4% |
| Total equity and liabilities | 10/49 | €96,415 | €110,315 | +€13,900 | +14.4% |
| Equity | 10/15 | €23,776 | €38,290 | +€14,514 | +61.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €18,776 | €33,290 | +€14,514 | +77.3% |
| Distributable reserves | 133 | €18,776 | €33,290 | +€14,514 | +77.3% |
| Amounts payable | 17/49 | €72,639 | €72,025 | -€614 | -0.8% |
| Amounts payable after more than one year | 17 | €28,727 | €19,151 | -€9,576 | -33.3% |
| Financial debts | 170/4 | €28,727 | €19,151 | -€9,576 | -33.3% |
| Amounts payable within one year | 42/48 | €43,912 | €52,874 | +€8,962 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €9,576 | €9,576 | = | 0.0% |
| Trade debts | 44 | €288 | €3,564 | +€3,276 | +1,139% |
| Suppliers | 440/4 | €288 | €3,564 | +€3,276 | +1,139% |
| Taxes, remuneration and social security | 45 | €12,775 | €13,408 | +€633 | +5.0% |
| Taxes | 450/3 | €12,775 | €13,408 | +€633 | +5.0% |
| Other amounts payable | 47/48 | €21,274 | €26,326 | +€5,052 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,284 | €12,932 | +€1,648 | +14.6% |
| Other operating charges | 640/8 | €1,170 | €1,011 | -€160 | -13.6% |
| Gross operating margin | 9900 | €38,171 | €35,486 | -€2,685 | -7.0% |
| Operating profit (loss) | 9901 | €25,716 | €21,543 | -€4,173 | -16.2% |
| Financial income | 75/76B | €98 | €0 | -€98 | -99.9% |
| Recurring financial income | 75 | €98 | €0 | -€98 | -99.9% |
| Financial charges | 65/66B | €1,373 | €1,332 | -€41 | -3.0% |
| Recurring financial charges | 65 | €1,373 | €1,332 | -€41 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €24,441 | €20,211 | -€4,230 | -17.3% |
| Income taxes | 67/77 | €5,665 | €5,698 | +€33 | +0.6% |
| Profit (loss) for the period | 9904 | €18,776 | €14,514 | -€4,262 | -22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,776 | €14,514 | -€4,262 | -22.7% |
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 23 October 2026 via checked.be.