KTR 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.
KTR Consult
Largest movements
- Receivables within one year +€8,463
up €8,463 (+108.6%), from €7,791 to €16,254
of which Trade receivables: +€16,254
- Cash +€640
up €640 (+5.0%), from €12,748 to €13,388
mainly Net result for the year (+€20,358) and Other debts (+€5,346)
- Tangible fixed assets -€519
down €519 (-14.0%), from €3,703 to €3,184
of which Land and buildings: -€365
- Other debts +€5,346
up €5,346 (+250.4%), from €2,135 to €7,482
- Trade debts +€2,640
up €2,640 (+2525.2%), from €105 to €2,744
- Tax, wage and social debts +€2,019
up €2,019 (+16.6%), from €12,137 to €14,156
of which Taxes: +€2,019
- Debts after one year -€1,924
down €1,924 (-41.5%), from €4,640 to €2,716
- Gross operating margin +€9,325
up €9,325 (+42.6%), from €21,888 to €31,213
- Taxes +€1,875
up €1,875 (+35.8%), from €5,232 to €7,106
- Financial charges -€419
down €419 (-17.6%), from €2,382 to €1,963
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 | €27,398 | €35,930 | +€8,531 | +31.1% |
| Fixed assets | 21/28 | €3,703 | €3,184 | -€519 | -14.0% |
| Tangible fixed assets | 22/27 | €3,703 | €3,184 | -€519 | -14.0% |
| Land and buildings | 22 | €3,049 | €2,685 | -€365 | -12.0% |
| Furniture and vehicles | 24 | €653 | €499 | -€154 | -23.6% |
| Current assets | 29/58 | €23,696 | €32,746 | +€9,050 | +38.2% |
| Amounts receivable within one year | 40/41 | €7,791 | €16,254 | +€8,463 | +108.6% |
| Trade receivables | 40 | €0 | €16,254 | +€16,254 | |
| Other amounts receivable | 41 | €7,791 | - | -€7,791 | |
| Cash at bank and in hand | 54/58 | €12,748 | €13,388 | +€640 | +5.0% |
| Deferred charges and accrued income | 490/1 | €3,157 | €3,104 | -€53 | -1.7% |
| Total equity and liabilities | 10/49 | €27,398 | €35,930 | +€8,531 | +31.1% |
| Equity | 10/15 | €6,550 | €6,909 | +€358 | +5.5% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,150 | €4,509 | +€358 | +8.6% |
| Amounts payable | 17/49 | €20,848 | €29,021 | +€8,173 | +39.2% |
| Amounts payable after more than one year | 17 | €4,640 | €2,716 | -€1,924 | -41.5% |
| Financial debts | 170/4 | €4,640 | €2,716 | -€1,924 | -41.5% |
| Amounts payable within one year | 42/48 | €16,209 | €26,305 | +€10,097 | +62.3% |
| Current portion of amounts payable after more than one year | 42 | €1,832 | €1,924 | +€92 | +5.0% |
| Trade debts | 44 | €105 | €2,744 | +€2,640 | +2525.2% |
| Suppliers | 440/4 | €105 | €2,744 | +€2,640 | +2525.2% |
| Taxes, remuneration and social security | 45 | €12,137 | €14,156 | +€2,019 | +16.6% |
| Taxes | 450/3 | €12,137 | €14,156 | +€2,019 | +16.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,135 | €7,482 | +€5,346 | +250.4% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €484 | €519 | +€35 | +7.3% |
| Other operating charges | 640/8 | €433 | €672 | +€238 | +55.0% |
| Non-recurring operating charges | 66A | €583 | €596 | +€14 | +2.3% |
| Gross operating margin | 9900 | €21,888 | €31,213 | +€9,325 | +42.6% |
| Operating profit (loss) | 9901 | €20,389 | €29,426 | +€9,037 | +44.3% |
| Financial income | 75/76B | €1 | €2 | +€1 | +110.5% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +110.5% |
| Financial charges | 65/66B | €2,382 | €1,963 | -€419 | -17.6% |
| Recurring financial charges | 65 | €2,382 | €1,963 | -€419 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €18,007 | €27,465 | +€9,457 | +52.5% |
| Income taxes | 67/77 | €5,232 | €7,106 | +€1,875 | +35.8% |
| Profit (loss) for the period | 9904 | €12,776 | €20,358 | +€7,583 | +59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,776 | €20,358 | +€7,583 | +59.4% |
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 9 October 2026 via checked.be.