KPMG Certification: 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.
What changed
KPMG Certification
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€199,683
2024 · €131,166+€68,517
Equity
€3.1m
2024 · €2.9m+€199,683
Cash
€93,388
2024 · €53,422+€39,966
Balance sheet total
€3.2m
2024 · €3.0m+€188,874
Largest movements
Assets
- Receivables within one year +€157,251
up €157,251 (+5.6%), from €2.8m to €3.0m
of which Other amounts receivable: +€83,418
- Cash +€39,966
up €39,966 (+74.8%), from €53,422 to €93,388
mainly Net result for the year (+€199,683) and Stocks and contracts (+€8,180)
Equity and liabilities
- Profit (loss) carried forward +€199,683
up €199,683 (+85.0%), from €234,816 to €434,499
Income statement
- Turnover +€164,724
up €164,724 (+62.0%), from €265,624 to €430,348
- Services and other goods +€154,383
up €154,383 (+56.0%), from €275,561 to €429,944
- Financial income +€71,156
up €71,156 (+44.2%), from €160,971 to €232,126
- Taxes -€14,945
down €14,945 (-32.4%), from €46,121 to €31,176
of which Taxes: -€12,008
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.
Result 2024
€131,166
Turnover
+€164,724
Other operating income
+€2,467
Services and other goods
-€154,383
Write-downs
-€483
Other operating charges
-€2
Other operating items
-€28,757
Financial income
+€71,156
Financial charges
-€1,149
Taxes
+€14,945
Result 2025
€199,683
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€39,966
Investment
€0
Financing
€0
Cash 2024
€53,422
From operations (derived)
+€39,966
Net result for the year
+€199,683
Stocks and contracts
+€8,180
Receivables within one year
-€157,251
Smaller working-capital items
-€55
Trade debts
+€2,831
Tax, wage and social debts
-€15,712
Advances received
+€2,291
Cash 2025
€93,388
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,025,868 | €3,214,742 | +€188,874 | +6.2% |
| Fixed assets | 21/28 | €124,000 | €124,000 | = | 0.0% |
| Financial fixed assets | 28 | €124,000 | €124,000 | = | 0.0% |
| Affiliated companies | 280/1 | €124,000 | €124,000 | = | 0.0% |
| Participating interests | 280 | €124,000 | €124,000 | = | 0.0% |
| Current assets | 29/58 | €2,901,868 | €3,090,742 | +€188,874 | +6.5% |
| Stocks and contracts in progress | 3 | €40,019 | €31,839 | -€8,180 | -20.4% |
| Contracts in progress | 37 | €40,019 | €31,839 | -€8,180 | -20.4% |
| Amounts receivable within one year | 40/41 | €2,806,312 | €2,963,563 | +€157,251 | +5.6% |
| Trade receivables | 40 | €71,891 | €145,723 | +€73,833 | +103% |
| Other amounts receivable | 41 | €2,734,422 | €2,817,840 | +€83,418 | +3.1% |
| Cash at bank and in hand | 54/58 | €53,422 | €93,388 | +€39,966 | +74.8% |
| Deferred charges and accrued income | 490/1 | €2,115 | €1,952 | -€164 | -7.7% |
| Total equity and liabilities | 10/49 | €3,025,868 | €3,214,742 | +€188,874 | +6.2% |
| Equity | 10/15 | €2,908,216 | €3,107,899 | +€199,683 | +6.9% |
| Contributions | 10/11 | €2,667,200 | €2,667,200 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €234,816 | €434,499 | +€199,683 | +85.0% |
| Amounts payable | 17/49 | €117,652 | €106,843 | -€10,809 | -9.2% |
| Amounts payable within one year | 42/48 | €117,652 | €106,843 | -€10,809 | -9.2% |
| Trade debts | 44 | €65,589 | €68,420 | +€2,831 | +4.3% |
| Suppliers | 440/4 | €65,589 | €68,420 | +€2,831 | +4.3% |
| Advances received on contracts in progress | 46 | €5,114 | €7,405 | +€2,291 | +44.8% |
| Taxes, remuneration and social security | 45 | €45,981 | €30,270 | -€15,712 | -34.2% |
| Taxes | 450/3 | €45,981 | €30,270 | -€15,712 | -34.2% |
| Other amounts payable | 47/48 | €968 | €749 | -€219 | -22.6% |
| Operating income | 70/76A | €292,162 | €430,595 | +€138,434 | +47.4% |
| Turnover | 70 | €265,624 | €430,348 | +€164,724 | +62.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €20,577 | -€8,180 | -€28,757 | |
| Other operating income | 74 | €5,960 | €8,427 | +€2,467 | +41.4% |
| Operating charges | 60/66A | €275,679 | €430,547 | +€154,868 | +56.2% |
| Services and other goods | 61 | €275,561 | €429,944 | +€154,383 | +56.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €483 | +€483 | |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Operating profit (loss) | 9901 | €16,483 | €48 | -€16,434 | -99.7% |
| Financial income | 75/76B | €160,971 | €232,126 | +€71,156 | +44.2% |
| Recurring financial income | 75 | €160,971 | €232,126 | +€71,156 | +44.2% |
| Income from financial fixed assets | 750 | €26 | €100,000 | +€99,974 | +382,895% |
| Income from current assets | 751 | €160,945 | €129,352 | -€31,593 | -19.6% |
| Other financial income | 752/9 | - | €2,774 | +€2,774 | |
| Financial charges | 65/66B | €167 | €1,316 | +€1,149 | +689% |
| Recurring financial charges | 65 | €167 | €1,316 | +€1,149 | +689% |
| Other financial charges | 652/9 | €167 | €1,316 | +€1,149 | +689% |
| Profit (loss) for the period before taxes | 9903 | €177,286 | €230,859 | +€53,573 | +30.2% |
| Income taxes | 67/77 | €46,121 | €31,176 | -€14,945 | -32.4% |
| Taxes | 670/3 | €47,008 | €35,000 | -€12,008 | -25.5% |
| Tax adjustments and reversals of tax provisions | 77 | €887 | €3,824 | +€2,937 | +331% |
| Profit (loss) for the period | 9904 | €131,166 | €199,683 | +€68,517 | +52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €131,166 | €199,683 | +€68,517 | +52.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.