KR consult: what changed
KR consult
Largest movements
- Receivables within one year -€30,854
down €30,854 (-67.1%), from €45,968 to €15,114
of which Trade receivables: -€17,503
- Cash +€9,798
up €9,798 (+15.9%), from €61,746 to €71,544
mainly Other debts (+€56,406) and Receivables within one year (+€30,854)
- Tangible fixed assets -€9,668
down €9,668 (-3.1%), from €312,097 to €302,429
of which Land and buildings: -€6,884
- Deferred charges and accrued income +€4,900
new in 2025: €4,900
- Tax, wage and social debts -€73,447
down €73,447 (-99.4%), from €73,899 to €452
of which Remuneration and social security: -€61,600
- Other debts +€56,406
up €56,406 (+304%), from €18,528 to €74,934
- Profit (loss) carried forward +€22,073
up €22,073 (+14.3%), from €154,178 to €176,251
- Debts after one year -€19,636
down €19,636 (-14.8%), from €132,544 to €112,908
- Trade debts -€11,580
down €11,580 (-86.9%), from €13,330 to €1,750
- Financial charges +€10,595
up €10,595 (+298%), from €3,555 to €14,150
of which Non-recurring financial charges: +€10,791
- Depreciation -€6,354
down €6,354 (-39.7%), from €16,021 to €9,668
- Gross operating margin +€4,929
up €4,929 (+9.9%), from €49,990 to €54,919
- Other operating charges +€985
up €985 (+78.9%), from €1,249 to €2,235
- Financial income +€821
up €821 (+3,412%), from €24 to €845
of which Non-recurring financial income: +€845
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 | €419,810 | €393,986 | -€25,824 | -6.2% |
| Fixed assets | 21/28 | €312,097 | €302,429 | -€9,668 | -3.1% |
| Tangible fixed assets | 22/27 | €312,097 | €302,429 | -€9,668 | -3.1% |
| Land and buildings | 22 | €283,981 | €277,097 | -€6,884 | -2.4% |
| Plant, machinery and equipment | 23 | €949 | €149 | -€801 | -84.3% |
| Furniture and vehicles | 24 | €2,127 | €822 | -€1,304 | -61.3% |
| Other tangible fixed assets | 26 | €25,039 | €24,361 | -€679 | -2.7% |
| Current assets | 29/58 | €107,714 | €91,557 | -€16,156 | -15.0% |
| Amounts receivable within one year | 40/41 | €45,968 | €15,114 | -€30,854 | -67.1% |
| Trade receivables | 40 | €24,582 | €7,079 | -€17,503 | -71.2% |
| Other amounts receivable | 41 | €21,386 | €8,035 | -€13,351 | -62.4% |
| Cash at bank and in hand | 54/58 | €61,746 | €71,544 | +€9,798 | +15.9% |
| Deferred charges and accrued income | 490/1 | - | €4,900 | +€4,900 | |
| Total equity and liabilities | 10/49 | €419,810 | €393,986 | -€25,824 | -6.2% |
| Equity | 10/15 | €162,233 | €184,306 | +€22,073 | +13.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,178 | €176,251 | +€22,073 | +14.3% |
| Amounts payable | 17/49 | €257,577 | €209,680 | -€47,897 | -18.6% |
| Amounts payable after more than one year | 17 | €132,544 | €112,908 | -€19,636 | -14.8% |
| Financial debts | 170/4 | €132,544 | €112,908 | -€19,636 | -14.8% |
| Amounts payable within one year | 42/48 | €125,033 | €96,772 | -€28,261 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €19,277 | €19,636 | +€360 | +1.9% |
| Trade debts | 44 | €13,330 | €1,750 | -€11,580 | -86.9% |
| Suppliers | 440/4 | €13,330 | €1,750 | -€11,580 | -86.9% |
| Taxes, remuneration and social security | 45 | €73,899 | €452 | -€73,447 | -99.4% |
| Taxes | 450/3 | €12,299 | €452 | -€11,847 | -96.3% |
| Remuneration and social security | 454/9 | €61,600 | - | -€61,600 | |
| Other amounts payable | 47/48 | €18,528 | €74,934 | +€56,406 | +304% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,021 | €9,668 | -€6,354 | -39.7% |
| Other operating charges | 640/8 | €1,249 | €2,235 | +€985 | +78.9% |
| Gross operating margin | 9900 | €49,990 | €54,919 | +€4,929 | +9.9% |
| Operating profit (loss) | 9901 | €32,719 | €43,017 | +€10,297 | +31.5% |
| Financial income | 75/76B | €24 | €845 | +€821 | +3,412% |
| Recurring financial income | 75 | €24 | €845 | +€821 | +3,412% |
| Non-recurring financial income | 76B | - | €845 | +€845 | |
| Financial charges | 65/66B | €3,555 | €14,150 | +€10,595 | +298% |
| Recurring financial charges | 65 | €3,555 | €3,358 | -€197 | -5.5% |
| Non-recurring financial charges | 66B | - | €10,791 | +€10,791 | |
| Profit (loss) for the period before taxes | 9903 | €29,188 | €29,712 | +€524 | +1.8% |
| Income taxes | 67/77 | €7,000 | €7,639 | +€639 | +9.1% |
| Profit (loss) for the period | 9904 | €22,188 | €22,073 | -€115 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,188 | €22,073 | -€115 | -0.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.