KNG CONSULT: 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.
KNG CONSULT
Largest movements
- Financial fixed assets -€80,000
down €80,000 (-99.7%), from €80,230 to €230
- Current investments +€37,371
new in 2025: €37,371
- Cash +€19,135
up €19,135 (+6.5%), from €296,291 to €315,426
mainly Net result for the year (+€304,215) and Investment in fixed assets (net) (+€64,731)
- Tangible fixed assets +€5,892
up €5,892 (+26.9%), from €21,881 to €27,773
of which Other tangible fixed assets: +€12,809
- Reserves -€35,785
down €35,785 (-9.6%), from €372,718 to €336,933
- Tax, wage and social debts +€19,999
new in 2025: €19,999
- Other debts +€10,097
new in 2025: €10,097
- Trade debts -€10,015
down €10,015 (-89.7%), from €11,170 to €1,155
of which Bills of exchange payable: -€9,929
- Gross operating margin +€151,730
up €151,730 (+73.1%), from €207,621 to €359,351
- Financial income +€96,879
up €96,879 (+4,570%), from €2,120 to €98,998
- Financial charges +€74,385
up €74,385 (+23,502%), from €317 to €74,702
of which Non-recurring financial charges: +€74,419
- Taxes +€21,598
up €21,598 (+46.8%), from €46,164 to €67,762
- Depreciation +€4,968
up €4,968 (+113%), from €4,410 to €9,377
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 | €402,488 | €386,784 | -€15,704 | -3.9% |
| Fixed assets | 21/28 | €102,111 | €28,003 | -€74,108 | -72.6% |
| Tangible fixed assets | 22/27 | €21,881 | €27,773 | +€5,892 | +26.9% |
| Furniture and vehicles | 24 | €21,881 | €14,963 | -€6,918 | -31.6% |
| Other tangible fixed assets | 26 | - | €12,809 | +€12,809 | |
| Financial fixed assets | 28 | €80,230 | €230 | -€80,000 | -99.7% |
| Current assets | 29/58 | €300,377 | €358,782 | +€58,405 | +19.4% |
| Amounts receivable within one year | 40/41 | €3,836 | €3,884 | +€48 | +1.3% |
| Other amounts receivable | 41 | €3,836 | €3,884 | +€48 | +1.3% |
| Current investments | 50/53 | - | €37,371 | +€37,371 | |
| Cash at bank and in hand | 54/58 | €296,291 | €315,426 | +€19,135 | +6.5% |
| Deferred charges and accrued income | 490/1 | €250 | €2,101 | +€1,851 | +740% |
| Total equity and liabilities | 10/49 | €402,488 | €386,784 | -€15,704 | -3.9% |
| Equity | 10/15 | €391,318 | €355,533 | -€35,785 | -9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €372,718 | €336,933 | -€35,785 | -9.6% |
| Distributable reserves | 133 | €372,718 | €336,933 | -€35,785 | -9.6% |
| Amounts payable | 17/49 | €11,170 | €31,252 | +€20,082 | +180% |
| Amounts payable within one year | 42/48 | €11,170 | €31,252 | +€20,082 | +180% |
| Trade debts | 44 | €11,170 | €1,155 | -€10,015 | -89.7% |
| Suppliers | 440/4 | €1,240 | €1,155 | -€85 | -6.9% |
| Bills of exchange payable | 441 | €9,929 | - | -€9,929 | |
| Taxes, remuneration and social security | 45 | - | €19,999 | +€19,999 | |
| Taxes | 450/3 | - | €19,999 | +€19,999 | |
| Other amounts payable | 47/48 | - | €10,097 | +€10,097 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,410 | €9,377 | +€4,968 | +113% |
| Other operating charges | 640/8 | €3,245 | €2,294 | -€951 | -29.3% |
| Gross operating margin | 9900 | €207,621 | €359,351 | +€151,730 | +73.1% |
| Operating profit (loss) | 9901 | €199,966 | €347,680 | +€147,713 | +73.9% |
| Financial income | 75/76B | €2,120 | €98,998 | +€96,879 | +4,570% |
| Recurring financial income | 75 | €2,120 | €98,998 | +€96,879 | +4,570% |
| Financial charges | 65/66B | €317 | €74,702 | +€74,385 | +23,502% |
| Recurring financial charges | 65 | €317 | €283 | -€34 | -10.7% |
| Non-recurring financial charges | 66B | - | €74,419 | +€74,419 | |
| Profit (loss) for the period before taxes | 9903 | €201,770 | €371,977 | +€170,207 | +84.4% |
| Income taxes | 67/77 | €46,164 | €67,762 | +€21,598 | +46.8% |
| Profit (loss) for the period | 9904 | €155,606 | €304,215 | +€148,609 | +95.5% |
| Profit (loss) for the period to be appropriated | 9905 | €155,606 | €304,215 | +€148,609 | +95.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.