Koen De Valck Consult: what changed
Koen De Valck Consult
Largest movements
- Tangible fixed assets +€24,587
up €24,587 (+14.3%), from €171,754 to €196,340
of which Other tangible fixed assets: +€37,135
- Cash +€13,121
up €13,121 (+63.6%), from €20,640 to €33,762
mainly Net result for the year (+€22,654) and Depreciation (+€13,659)
- Receivables within one year -€11,992
down €11,992 (-19.8%), from €60,594 to €48,602
of which Other amounts receivable: -€15,583
- Profit (loss) carried forward +€22,654
up €22,654 (+31.2%), from €72,712 to €95,366
- Current portion of long-term debt +€9,739
up €9,739 (+135%), from €7,197 to €16,936
- Debts after one year -€8,112
down €8,112 (-5.6%), from €144,073 to €135,961
- Gross operating margin +€15,413
up €15,413 (+42.5%), from €36,248 to €51,662
- Depreciation +€9,247
up €9,247 (+210%), from €4,412 to €13,659
- Financial charges +€4,092
up €4,092 (+104%), from €3,951 to €8,043
- Other operating charges -€858
down €858 (-35.3%), from €2,430 to €1,571
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €256,877 | €283,084 | +€26,207 | +10.2% |
| Fixed assets | 21/28 | €171,754 | €196,340 | +€24,587 | +14.3% |
| Tangible fixed assets | 22/27 | €171,754 | €196,340 | +€24,587 | +14.3% |
| Land and buildings | 22 | €166,090 | €154,795 | -€11,295 | -6.8% |
| Furniture and vehicles | 24 | €5,664 | €4,411 | -€1,253 | -22.1% |
| Other tangible fixed assets | 26 | - | €37,135 | +€37,135 | |
| Current assets | 29/58 | €85,123 | €86,744 | +€1,621 | +1.9% |
| Amounts receivable within one year | 40/41 | €60,594 | €48,602 | -€11,992 | -19.8% |
| Trade receivables | 40 | €12,887 | €16,477 | +€3,591 | +27.9% |
| Other amounts receivable | 41 | €47,708 | €32,125 | -€15,583 | -32.7% |
| Cash at bank and in hand | 54/58 | €20,640 | €33,762 | +€13,121 | +63.6% |
| Deferred charges and accrued income | 490/1 | €3,889 | €4,380 | +€491 | +12.6% |
| Total equity and liabilities | 10/49 | €256,877 | €283,084 | +€26,207 | +10.2% |
| Equity | 10/15 | €93,172 | €115,826 | +€22,654 | +24.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,712 | €95,366 | +€22,654 | +31.2% |
| Amounts payable | 17/49 | €163,705 | €167,258 | +€3,554 | +2.2% |
| Amounts payable after more than one year | 17 | €144,073 | €135,961 | -€8,112 | -5.6% |
| Financial debts | 170/4 | €144,073 | €135,961 | -€8,112 | -5.6% |
| Amounts payable within one year | 42/48 | €19,632 | €31,297 | +€11,665 | +59.4% |
| Current portion of amounts payable after more than one year | 42 | €7,197 | €16,936 | +€9,739 | +135% |
| Trade debts | 44 | €1,601 | €939 | -€662 | -41.3% |
| Suppliers | 440/4 | €1,601 | €939 | -€662 | -41.3% |
| Taxes, remuneration and social security | 45 | €10,833 | €11,967 | +€1,134 | +10.5% |
| Taxes | 450/3 | €10,833 | €11,967 | +€1,134 | +10.5% |
| Other amounts payable | 47/48 | €1 | €1,455 | +€1,454 | +279,671% |
| Non-recurring operating income | 76A | €4,135 | - | -€4,135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,412 | €13,659 | +€9,247 | +210% |
| Other operating charges | 640/8 | €2,430 | €1,571 | -€858 | -35.3% |
| Gross operating margin | 9900 | €36,248 | €51,662 | +€15,413 | +42.5% |
| Operating profit (loss) | 9901 | €29,407 | €36,432 | +€7,025 | +23.9% |
| Financial income | 75/76B | €1,536 | €1,141 | -€396 | -25.8% |
| Recurring financial income | 75 | €1,536 | €1,141 | -€396 | -25.8% |
| Financial charges | 65/66B | €3,951 | €8,043 | +€4,092 | +104% |
| Recurring financial charges | 65 | €3,951 | €8,043 | +€4,092 | +104% |
| Profit (loss) for the period before taxes | 9903 | €26,992 | €29,529 | +€2,537 | +9.4% |
| Income taxes | 67/77 | €6,792 | €6,875 | +€83 | +1.2% |
| Profit (loss) for the period | 9904 | €20,200 | €22,654 | +€2,454 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,200 | €22,654 | +€2,454 | +12.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.