KS-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.
KS-CONSULT
Largest movements
- Tangible fixed assets +€123,130
up €123,130 (+34.3%), from €359,241 to €482,371
of which Land and buildings: +€132,910
- Cash -€44,960
down €44,960 (-59.5%), from €75,610 to €30,650
mainly Investment in fixed assets (net) (-€156,968) and Receivables within one year (-€2,553)
- Intangible fixed assets -€20,000
down €20,000 (-44.4%), from €45,000 to €25,000
- Other debts +€36,691
up €36,691 (+149.5%), from €24,543 to €61,234
- Profit (loss) carried forward +€15,172
up €15,172 (+42.5%), from €35,718 to €50,890
- Debts after one year +€14,121
up €14,121 (+4.4%), from €318,811 to €332,931
- Turnover -€145,362
no longer reported in 2025 (was €145,362)
- Purchases and services -€75,433
no longer reported in 2025 (was €75,433)
- Gross operating margin +€11,690
up €11,690 (+16.7%), from €69,929 to €81,618
- Financial charges +€8,561
up €8,561 (+105.2%), from €8,137 to €16,698
- Depreciation -€6,298
down €6,298 (-10.5%), from €60,137 to €53,839
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.
Cash bridge derived
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 | €560,177 | €623,119 | +€62,942 | +11.2% |
| Fixed assets | 21/28 | €404,296 | €507,426 | +€103,130 | +25.5% |
| Intangible fixed assets | 21 | €45,000 | €25,000 | -€20,000 | -44.4% |
| Tangible fixed assets | 22/27 | €359,241 | €482,371 | +€123,130 | +34.3% |
| Land and buildings | 22 | €329,174 | €462,084 | +€132,910 | +40.4% |
| Plant, machinery and equipment | 23 | €728 | €208 | -€520 | -71.4% |
| Furniture and vehicles | 24 | €29,339 | €20,079 | -€9,260 | -31.6% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €155,881 | €115,693 | -€40,188 | -25.8% |
| Amounts receivable after more than one year | 29 | €45,000 | €45,000 | = | 0.0% |
| Other amounts receivable | 291 | €45,000 | €45,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,410 | €28,964 | +€2,553 | +9.7% |
| Trade receivables | 40 | €12,848 | €15,912 | +€3,064 | +23.8% |
| Other amounts receivable | 41 | €13,562 | €13,052 | -€511 | -3.8% |
| Current investments | 50/53 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €75,610 | €30,650 | -€44,960 | -59.5% |
| Deferred charges and accrued income | 490/1 | €3,861 | €6,079 | +€2,218 | +57.5% |
| Total equity and liabilities | 10/49 | €560,177 | €623,119 | +€62,942 | +11.2% |
| Equity | 10/15 | €168,951 | €180,922 | +€11,971 | +7.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €71,233 | €68,032 | -€3,202 | -4.5% |
| Tax-exempt reserves | 132 | €71,233 | €68,032 | -€3,202 | -4.5% |
| Profit (loss) carried forward | 14 | €35,718 | €50,890 | +€15,172 | +42.5% |
| Provisions and deferred taxes | 16 | €23,744 | €22,677 | -€1,067 | -4.5% |
| Deferred taxes | 168 | €23,744 | €22,677 | -€1,067 | -4.5% |
| Amounts payable | 17/49 | €367,482 | €419,519 | +€52,038 | +14.2% |
| Amounts payable after more than one year | 17 | €318,811 | €332,931 | +€14,121 | +4.4% |
| Financial debts | 170/4 | €318,811 | €332,931 | +€14,121 | +4.4% |
| Amounts payable within one year | 42/48 | €40,328 | €79,240 | +€38,913 | +96.5% |
| Current portion of amounts payable after more than one year | 42 | €14,581 | €14,879 | +€299 | +2.0% |
| Trade debts | 44 | €1,204 | €3,127 | +€1,923 | +159.6% |
| Suppliers | 440/4 | €1,204 | €3,127 | +€1,923 | +159.6% |
| Other amounts payable | 47/48 | €24,543 | €61,234 | +€36,691 | +149.5% |
| Accrued charges and deferred income | 492/3 | €8,343 | €7,348 | -€995 | -11.9% |
| Turnover | 70 | €145,362 | - | -€145,362 | |
| Goods, raw materials, services and sundry goods | 60/61 | €75,433 | - | -€75,433 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,137 | €53,839 | -€6,298 | -10.5% |
| Other operating charges | 640/8 | €1,868 | €1,312 | -€555 | -29.7% |
| Gross operating margin | 9900 | €69,929 | €81,618 | +€11,690 | +16.7% |
| Operating profit (loss) | 9901 | €7,924 | €26,467 | +€18,543 | +234.0% |
| Financial income | 75/76B | €2,196 | €2,324 | +€128 | +5.8% |
| Recurring financial income | 75 | €2,196 | €2,324 | +€128 | +5.8% |
| Financial charges | 65/66B | €8,137 | €16,698 | +€8,561 | +105.2% |
| Recurring financial charges | 65 | €8,137 | €16,698 | +€8,561 | +105.2% |
| Profit (loss) for the period before taxes | 9903 | €1,982 | €12,093 | +€10,111 | +510.0% |
| Transfer from deferred taxes | 780 | €1,067 | €1,067 | = | 0.0% |
| Income taxes | 67/77 | €2,301 | €1,190 | -€1,111 | -48.3% |
| Profit (loss) for the period | 9904 | €749 | €11,971 | +€11,222 | +1498.4% |
| Transfer from tax-exempt reserves | 789 | €3,202 | €3,202 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,950 | €15,172 | +€11,222 | +284.1% |
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 9 October 2026 via checked.be.