KT 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.
KT Consulting
Largest movements
- Receivables after one year -€73,500
down €73,500 (-62.0%), from €118,500 to €45,000
- Tangible fixed assets -€27,216
down €27,216 (-7.2%), from €378,566 to €351,350
of which Land and buildings: -€26,267
- Current investments +€12,000
up €12,000 (+120%), from €10,000 to €22,000
- Receivables within one year +€8,205
up €8,205 (+39.1%), from €20,997 to €29,202
of which Other amounts receivable: +€4,918
- Cash -€6,237
down €6,237 (-29.1%), from €21,455 to €15,218
mainly Contributions, distributions and other (-€73,710) and Investment in fixed assets (net) (-€20,982)
- Reserves -€68,198
down €68,198 (-29.8%), from €228,871 to €160,672
of which Tax-exempt reserves: -€57,621
- Provisions -€19,207
down €19,207 (-12.8%), from €150,206 to €130,999
of which Deferred taxes: -€19,207
- Debts after one year -€18,498
down €18,498 (-18.4%), from €100,508 to €82,010
- Short-term financial debts +€11,785
up €11,785 (+134%), from €8,772 to €20,557
- Taxes +€23,322
up €23,322 (+132%), from €17,668 to €40,991
- Other operating charges +€2,558
up €2,558 (+467%), from €548 to €3,106
- Depreciation +€1,626
up €1,626 (+3.5%), from €46,572 to €48,198
- Financial charges +€934
up €934 (+8.4%), from €11,119 to €12,053
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 | €554,686 | €469,089 | -€85,597 | -15.4% |
| Fixed assets | 21/28 | €378,566 | €351,350 | -€27,216 | -7.2% |
| Tangible fixed assets | 22/27 | €378,566 | €351,350 | -€27,216 | -7.2% |
| Land and buildings | 22 | €365,316 | €339,050 | -€26,267 | -7.2% |
| Plant, machinery and equipment | 23 | €296 | €38 | -€258 | -87.0% |
| Furniture and vehicles | 24 | €12,954 | €12,262 | -€691 | -5.3% |
| Current assets | 29/58 | €176,120 | €117,738 | -€58,381 | -33.1% |
| Amounts receivable after more than one year | 29 | €118,500 | €45,000 | -€73,500 | -62.0% |
| Other amounts receivable | 291 | €118,500 | €45,000 | -€73,500 | -62.0% |
| Amounts receivable within one year | 40/41 | €20,997 | €29,202 | +€8,205 | +39.1% |
| Trade receivables | 40 | €19,667 | €22,954 | +€3,287 | +16.7% |
| Other amounts receivable | 41 | €1,330 | €6,248 | +€4,918 | +370% |
| Current investments | 50/53 | €10,000 | €22,000 | +€12,000 | +120% |
| Cash at bank and in hand | 54/58 | €21,455 | €15,218 | -€6,237 | -29.1% |
| Deferred charges and accrued income | 490/1 | €5,168 | €6,319 | +€1,151 | +22.3% |
| Total equity and liabilities | 10/49 | €554,686 | €469,089 | -€85,597 | -15.4% |
| Equity | 10/15 | €235,068 | €166,870 | -€68,198 | -29.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €228,871 | €160,672 | -€68,198 | -29.8% |
| Tax-exempt reserves | 132 | €57,621 | €0 | -€57,621 | -100% |
| Distributable reserves | 133 | €171,250 | €160,672 | -€10,578 | -6.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €150,206 | €130,999 | -€19,207 | -12.8% |
| Provisions for liabilities and charges | 160/5 | €130,999 | €130,999 | = | 0.0% |
| Pensions and similar obligations | 160 | €130,999 | €130,999 | = | 0.0% |
| Deferred taxes | 168 | €19,207 | €0 | -€19,207 | -100% |
| Amounts payable | 17/49 | €169,412 | €171,220 | +€1,808 | +1.1% |
| Amounts payable after more than one year | 17 | €100,508 | €82,010 | -€18,498 | -18.4% |
| Financial debts | 170/4 | €100,508 | €82,010 | -€18,498 | -18.4% |
| Amounts payable within one year | 42/48 | €68,904 | €87,819 | +€18,915 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €30,034 | €32,220 | +€2,186 | +7.3% |
| Financial debts | 43 | €8,772 | €20,557 | +€11,785 | +134% |
| Credit institutions | 430/8 | €8,772 | €20,557 | +€11,785 | +134% |
| Trade debts | 44 | €12,612 | €14,796 | +€2,184 | +17.3% |
| Suppliers | 440/4 | €12,612 | €14,796 | +€2,184 | +17.3% |
| Taxes, remuneration and social security | 45 | €16,282 | €19,209 | +€2,927 | +18.0% |
| Taxes | 450/3 | €14,282 | €17,209 | +€2,927 | +20.5% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €1,205 | €1,038 | -€167 | -13.9% |
| Accrued charges and deferred income | 492/3 | - | €1,391 | +€1,391 | |
| Non-recurring operating income | 76A | €0 | €70 | +€70 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,572 | €48,198 | +€1,626 | +3.5% |
| Other operating charges | 640/8 | €548 | €3,106 | +€2,558 | +467% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €89,753 | €89,085 | -€668 | -0.7% |
| Operating profit (loss) | 9901 | €42,633 | €37,782 | -€4,851 | -11.4% |
| Financial income | 75/76B | €2,352 | €1,566 | -€785 | -33.4% |
| Recurring financial income | 75 | €2,352 | €1,566 | -€785 | -33.4% |
| Financial charges | 65/66B | €11,119 | €12,053 | +€934 | +8.4% |
| Recurring financial charges | 65 | €11,119 | €12,053 | +€934 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €33,865 | €27,295 | -€6,570 | -19.4% |
| Transfer from deferred taxes | 780 | - | €19,207 | +€19,207 | |
| Income taxes | 67/77 | €17,668 | €40,991 | +€23,322 | +132% |
| Profit (loss) for the period | 9904 | €16,197 | €5,512 | -€10,685 | -66.0% |
| Transfer from tax-exempt reserves | 789 | - | €57,621 | +€57,621 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,197 | €63,133 | +€46,935 | +290% |
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 23 October 2026 via checked.be.