KSM 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.
KSM Consulting
Largest movements
- Tangible fixed assets +€70,158
up €70,158, from €0 to €70,158
- Cash -€68,906
down €68,906 (-86.5%), from €79,634 to €10,728
mainly Investment in fixed assets (net) (-€84,245) and Contributions, distributions and other (-€52,000)
- Receivables within one year -€6,996
down €6,996 (-9.1%), from €77,170 to €70,173
of which Other amounts receivable: -€7,823
- Intangible fixed assets -€2,493
down €2,493 (-100%), from €2,493 to €0
- Profit (loss) carried forward -€41,082
down €41,082 (-23.7%), from €173,182 to €132,100
- Other debts +€40,000
up €40,000, from €0 to €40,000
- Tax, wage and social debts -€6,342
down €6,342 (-57.6%), from €11,005 to €4,664
- Gross operating margin -€19,415
down €19,415 (-40.6%), from €47,806 to €28,390
- Depreciation +€13,717
up €13,717 (+479%), from €2,864 to €16,580
- Taxes -€6,846
down €6,846 (-65.2%), from €10,494 to €3,649
- Financial income -€2,901
down €2,901 (-45.3%), from €6,406 to €3,506
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 | €191,345 | €183,023 | -€8,322 | -4.3% |
| Fixed assets | 21/28 | €2,693 | €70,358 | +€67,664 | +2,512% |
| Intangible fixed assets | 21 | €2,493 | €0 | -€2,493 | -100% |
| Tangible fixed assets | 22/27 | €0 | €70,158 | +€70,158 | |
| Furniture and vehicles | 24 | €0 | €70,158 | +€70,158 | |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €188,652 | €112,665 | -€75,987 | -40.3% |
| Amounts receivable within one year | 40/41 | €77,170 | €70,173 | -€6,996 | -9.1% |
| Trade receivables | 40 | €20,173 | €21,000 | +€826 | +4.1% |
| Other amounts receivable | 41 | €56,997 | €49,174 | -€7,823 | -13.7% |
| Current investments | 50/53 | €29,862 | €30,433 | +€572 | +1.9% |
| Cash at bank and in hand | 54/58 | €79,634 | €10,728 | -€68,906 | -86.5% |
| Deferred charges and accrued income | 490/1 | €1,987 | €1,331 | -€656 | -33.0% |
| Total equity and liabilities | 10/49 | €191,345 | €183,023 | -€8,322 | -4.3% |
| Equity | 10/15 | €177,182 | €136,100 | -€41,082 | -23.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €173,182 | €132,100 | -€41,082 | -23.7% |
| Amounts payable | 17/49 | €14,163 | €46,923 | +€32,760 | +231% |
| Amounts payable within one year | 42/48 | €14,163 | €46,923 | +€32,760 | +231% |
| Trade debts | 44 | €3,158 | €2,260 | -€898 | -28.4% |
| Suppliers | 440/4 | €3,158 | €2,260 | -€898 | -28.4% |
| Taxes, remuneration and social security | 45 | €11,005 | €4,664 | -€6,342 | -57.6% |
| Taxes | 450/3 | €11,005 | €4,664 | -€6,342 | -57.6% |
| Other amounts payable | 47/48 | €0 | €40,000 | +€40,000 | |
| Non-recurring operating income | 76A | €4,213 | €0 | -€4,213 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,864 | €16,580 | +€13,717 | +479% |
| Other operating charges | 640/8 | €861 | €400 | -€461 | -53.6% |
| Gross operating margin | 9900 | €47,806 | €28,390 | -€19,415 | -40.6% |
| Operating profit (loss) | 9901 | €44,081 | €11,410 | -€32,671 | -74.1% |
| Financial income | 75/76B | €6,406 | €3,506 | -€2,901 | -45.3% |
| Recurring financial income | 75 | €6,406 | €3,506 | -€2,901 | -45.3% |
| Financial charges | 65/66B | €280 | €350 | +€70 | +24.9% |
| Recurring financial charges | 65 | €280 | €350 | +€70 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €50,208 | €14,566 | -€35,641 | -71.0% |
| Income taxes | 67/77 | €10,494 | €3,649 | -€6,846 | -65.2% |
| Profit (loss) for the period | 9904 | €39,713 | €10,918 | -€28,796 | -72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,713 | €10,918 | -€28,796 | -72.5% |
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 29 October 2026 via checked.be.