KOR 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.
KOR CONSULTING
Largest movements
- Cash +€26,621
up €26,621 (+864%), from €3,082 to €29,703
mainly Net result for the year (+€24,739) and Depreciation (+€3,177)
- Tangible fixed assets -€3,177
down €3,177 (-27.2%), from €11,663 to €8,486
- Receivables within one year +€1,299
up €1,299 (+17.7%), from €7,341 to €8,640
of which Other amounts receivable: +€3,048
- Profit (loss) carried forward +€24,739
up €24,739 (+290%), from €8,519 to €33,258
- Debts after one year -€2,784
down €2,784 (-30.8%), from €9,033 to €6,249
- Tax, wage and social debts +€2,495
up €2,495 (+173%), from €1,438 to €3,933
- Gross operating margin +€17,522
up €17,522 (+93.0%), from €18,850 to €36,373
- Taxes +€3,477
up €3,477 (+111%), from €3,132 to €6,609
- Depreciation -€1,947
down €1,947 (-38.0%), from €5,125 to €3,177
- Other operating charges -€496
down €496 (-31.6%), from €1,570 to €1,073
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 | €22,086 | €46,938 | +€24,852 | +113% |
| Fixed assets | 21/28 | €11,663 | €8,486 | -€3,177 | -27.2% |
| Tangible fixed assets | 22/27 | €11,663 | €8,486 | -€3,177 | -27.2% |
| Furniture and vehicles | 24 | €11,663 | €8,486 | -€3,177 | -27.2% |
| Current assets | 29/58 | €10,423 | €38,452 | +€28,029 | +269% |
| Amounts receivable within one year | 40/41 | €7,341 | €8,640 | +€1,299 | +17.7% |
| Trade receivables | 40 | €7,089 | €5,340 | -€1,749 | -24.7% |
| Other amounts receivable | 41 | €251 | €3,299 | +€3,048 | +1,213% |
| Cash at bank and in hand | 54/58 | €3,082 | €29,703 | +€26,621 | +864% |
| Deferred charges and accrued income | 490/1 | - | €109 | +€109 | |
| Total equity and liabilities | 10/49 | €22,086 | €46,938 | +€24,852 | +113% |
| Equity | 10/15 | €8,520 | €33,259 | +€24,739 | +290% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,519 | €33,258 | +€24,739 | +290% |
| Amounts payable | 17/49 | €13,566 | €13,678 | +€112 | +0.8% |
| Amounts payable after more than one year | 17 | €9,033 | €6,249 | -€2,784 | -30.8% |
| Financial debts | 170/4 | €9,033 | €6,249 | -€2,784 | -30.8% |
| Amounts payable within one year | 42/48 | €4,534 | €7,430 | +€2,896 | +63.9% |
| Current portion of amounts payable after more than one year | 42 | €2,579 | €2,784 | +€205 | +7.9% |
| Trade debts | 44 | €516 | €713 | +€196 | +38.0% |
| Suppliers | 440/4 | €516 | €713 | +€196 | +38.0% |
| Taxes, remuneration and social security | 45 | €1,438 | €3,933 | +€2,495 | +173% |
| Taxes | 450/3 | €1,438 | €3,933 | +€2,495 | +173% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,125 | €3,177 | -€1,947 | -38.0% |
| Other operating charges | 640/8 | €1,570 | €1,073 | -€496 | -31.6% |
| Gross operating margin | 9900 | €18,850 | €36,373 | +€17,522 | +93.0% |
| Operating profit (loss) | 9901 | €12,156 | €32,122 | +€19,966 | +164% |
| Financial income | 75/76B | €22 | €89 | +€66 | +299% |
| Recurring financial income | 75 | €22 | €89 | +€66 | +299% |
| Financial charges | 65/66B | €1,077 | €862 | -€216 | -20.0% |
| Recurring financial charges | 65 | €1,077 | €862 | -€216 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €11,101 | €31,349 | +€20,248 | +182% |
| Income taxes | 67/77 | €3,132 | €6,609 | +€3,477 | +111% |
| Profit (loss) for the period | 9904 | €7,969 | €24,739 | +€16,771 | +210% |
| Profit (loss) for the period to be appropriated | 9905 | €7,969 | €24,739 | +€16,771 | +210% |
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 15 October 2026 via checked.be.