KSconsult: what changed
Two fiscal 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.
KSconsult
Largest movements
- Tangible fixed assets -€174,531
down €174,531 (-38.2%), from €457,089 to €282,558
of which Land and buildings: -€164,661
- Cash +€42,763
up €42,763 (+69.3%), from €61,720 to €104,483
mainly Investment in fixed assets (net) (+€157,615) and Net result for the year (+€113,303)
- Receivables within one year -€8,380
down €8,380 (-26.1%), from €32,099 to €23,719
of which Other amounts receivable: -€9,914
- Reserves -€156,697
down €156,697 (-45.2%), from €346,659 to €189,962
- Debts after one year -€33,269
down €33,269 (-26.8%), from €124,148 to €90,878
- Tax, wage and social debts +€28,509
up €28,509 (+1321.4%), from €2,157 to €30,666
of which Taxes: +€30,666
- Other debts +€26,487
up €26,487 (+305.3%), from €8,675 to €35,162
- Trade debts -€5,658
down €5,658 (-34.7%), from €16,325 to €10,666
- Gross operating margin +€80,943
up €80,943 (+95.8%), from €84,466 to €165,409
- Taxes +€37,330
up €37,330 (+293.8%), from €12,707 to €50,037
- Financial income +€19,131
up €19,131 (+155786.1%), from €12 to €19,143
- Depreciation -€8,146
down €8,146 (-32.5%), from €25,061 to €16,915
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 | €552,580 | €412,844 | -€139,736 | -25.3% |
| Fixed assets | 21/28 | €457,089 | €282,558 | -€174,531 | -38.2% |
| Tangible fixed assets | 22/27 | €457,089 | €282,558 | -€174,531 | -38.2% |
| Land and buildings | 22 | €440,255 | €275,595 | -€164,661 | -37.4% |
| Plant, machinery and equipment | 23 | €15,353 | €4,251 | -€11,103 | -72.3% |
| Furniture and vehicles | 24 | €643 | €1,972 | +€1,329 | +206.6% |
| Other tangible fixed assets | 26 | €837 | €740 | -€96 | -11.5% |
| Current assets | 29/58 | €95,491 | €130,286 | +€34,795 | +36.4% |
| Amounts receivable within one year | 40/41 | €32,099 | €23,719 | -€8,380 | -26.1% |
| Trade receivables | 40 | €22,185 | €23,719 | +€1,534 | +6.9% |
| Other amounts receivable | 41 | €9,914 | - | -€9,914 | |
| Cash at bank and in hand | 54/58 | €61,720 | €104,483 | +€42,763 | +69.3% |
| Deferred charges and accrued income | 490/1 | €1,672 | €2,083 | +€411 | +24.6% |
| Total equity and liabilities | 10/49 | €552,580 | €412,844 | -€139,736 | -25.3% |
| Equity | 10/15 | €365,259 | €208,562 | -€156,697 | -42.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €346,659 | €189,962 | -€156,697 | -45.2% |
| Distributable reserves | 133 | €346,659 | €189,962 | -€156,697 | -45.2% |
| Amounts payable | 17/49 | €187,322 | €204,282 | +€16,961 | +9.1% |
| Amounts payable after more than one year | 17 | €124,148 | €90,878 | -€33,269 | -26.8% |
| Financial debts | 170/4 | €124,148 | €90,878 | -€33,269 | -26.8% |
| Amounts payable within one year | 42/48 | €62,464 | €112,234 | +€49,770 | +79.7% |
| Current portion of amounts payable after more than one year | 42 | €35,306 | €35,739 | +€433 | +1.2% |
| Trade debts | 44 | €16,325 | €10,666 | -€5,658 | -34.7% |
| Suppliers | 440/4 | €16,325 | €10,666 | -€5,658 | -34.7% |
| Taxes, remuneration and social security | 45 | €2,157 | €30,666 | +€28,509 | +1321.4% |
| Taxes | 450/3 | - | €30,666 | +€30,666 | |
| Remuneration and social security | 454/9 | €2,157 | - | -€2,157 | |
| Other amounts payable | 47/48 | €8,675 | €35,162 | +€26,487 | +305.3% |
| Accrued charges and deferred income | 492/3 | €710 | €1,170 | +€460 | +64.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,061 | €16,915 | -€8,146 | -32.5% |
| Other operating charges | 640/8 | €2,560 | €2,261 | -€298 | -11.6% |
| Gross operating margin | 9900 | €84,466 | €165,409 | +€80,943 | +95.8% |
| Operating profit (loss) | 9901 | €56,845 | €146,232 | +€89,387 | +157.2% |
| Financial income | 75/76B | €12 | €19,143 | +€19,131 | +155786.1% |
| Recurring financial income | 75 | €12 | €19,143 | +€19,131 | +155786.1% |
| Financial charges | 65/66B | €2,497 | €2,035 | -€462 | -18.5% |
| Recurring financial charges | 65 | €2,497 | €2,035 | -€462 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €54,360 | €163,340 | +€108,980 | +200.5% |
| Income taxes | 67/77 | €12,707 | €50,037 | +€37,330 | +293.8% |
| Profit (loss) for the period | 9904 | €41,653 | €113,303 | +€71,650 | +172.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,653 | €113,303 | +€71,650 | +172.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.