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KY consulting: 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.

What changed

KY consulting

BE 0804.656.174
NACE 78.200, Temporary employment agencies and other provision of personnel
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,649
2024 · -€6,714+€4,065
Equity
€2,933
2024 · €5,582-€2,649
Cash
-
2024 · €15,423-€15,423
Balance sheet total
€52,645
2024 · €59,441-€6,796

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€20,963

    up €20,963, from €0 to €20,963

    of which Trade receivables: +€20,963

  • Cash -€15,423

    no longer reported in 2025 (was €15,423)

    mainly Receivables within one year (-€20,963) and Debts after one year (-€8,893)

  • Tangible fixed assets -€10,111

    down €10,111 (-24.2%), from €41,793 to €31,681

  • Financial fixed assets -€2,225

    down €2,225 (-100.0%), from €2,225 to €0

Equity and liabilities
  • Debts after one year -€8,893

    down €8,893 (-27.4%), from €32,467 to €23,574

  • Tax, wage and social debts -€5,795

    down €5,795 (-55.9%), from €10,359 to €4,564

    of which Taxes: -€5,795

  • Other debts +€5,452

    up €5,452 (+960.1%), from €568 to €6,020

  • Trade debts +€3,760

    up €3,760 (+184.6%), from €2,037 to €5,797

  • Profit (loss) carried forward -€2,649

    down €2,649 (-74.0%), from €3,582 to €933

Income statement
  • Gross operating margin +€6,464

    up €6,464 (+189.1%), from €3,418 to €9,881

  • Depreciation +€2,036

    up €2,036 (+25.2%), from €8,075 to €10,111

  • Financial charges +€705

    up €705 (+41.1%), from €1,714 to €2,419

  • Other operating charges -€248

    no longer reported in 2025 (was €248)

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€6,714
Gross operating margin +€6,464
Depreciation -€2,036
Other operating charges +€248
Financial charges -€705
Taxes +€96
Result 2025 -€2,649

Cash bridge derived

cash 2024 to 2025

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.

From operations -€10,084
Investment +€2,225
Financing -€7,564
Cash 2024 €15,423
Net result for the year -€2,649
Depreciation +€10,111
Receivables within one year -€20,963
Trade debts +€3,760
Tax, wage and social debts -€5,795
Other debts +€5,452
Investment in fixed assets (net) +€2,225
Debts after one year -€8,893
Current portion of long-term debt +€466
Short-term financial debts +€864
Cash 2025 €0
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €59,441 €52,645 -€6,796 -11.4%
Fixed assets 21/28 €44,018 €31,681 -€12,336 -28.0%
Tangible fixed assets 22/27 €41,793 €31,681 -€10,111 -24.2%
Furniture and vehicles 24 €41,793 €31,681 -€10,111 -24.2%
Financial fixed assets 28 €2,225 €0 -€2,225 -100.0%
Current assets 29/58 €15,423 €20,963 +€5,540 +35.9%
Amounts receivable within one year 40/41 €0 €20,963 +€20,963
Trade receivables 40 €0 €20,963 +€20,963
Other amounts receivable 41 €0 €0 =
Cash at bank and in hand 54/58 €15,423 - -€15,423
Total equity and liabilities 10/49 €59,441 €52,645 -€6,796 -11.4%
Equity 10/15 €5,582 €2,933 -€2,649 -47.5%
Contributions 10/11 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 €3,582 €933 -€2,649 -74.0%
Amounts payable 17/49 €53,859 €49,712 -€4,147 -7.7%
Amounts payable after more than one year 17 €32,467 €23,574 -€8,893 -27.4%
Financial debts 170/4 €32,467 €23,574 -€8,893 -27.4%
Amounts payable within one year 42/48 €21,392 €26,138 +€4,746 +22.2%
Current portion of amounts payable after more than one year 42 €8,428 €8,893 +€466 +5.5%
Financial debts 43 - €864 +€864
Credit institutions 430/8 - €864 +€864
Trade debts 44 €2,037 €5,797 +€3,760 +184.6%
Suppliers 440/4 €2,037 €5,797 +€3,760 +184.6%
Taxes, remuneration and social security 45 €10,359 €4,564 -€5,795 -55.9%
Taxes 450/3 €10,359 €4,564 -€5,795 -55.9%
Remuneration and social security 454/9 €0 €0 =
Other amounts payable 47/48 €568 €6,020 +€5,452 +960.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,075 €10,111 +€2,036 +25.2%
Other operating charges 640/8 €248 - -€248
Gross operating margin 9900 €3,418 €9,881 +€6,464 +189.1%
Operating profit (loss) 9901 -€4,905 -€230 +€4,675 +95.3%
Financial charges 65/66B €1,714 €2,419 +€705 +41.1%
Recurring financial charges 65 €1,714 €2,419 +€705 +41.1%
Profit (loss) for the period before taxes 9903 -€6,619 -€2,649 +€3,970 +60.0%
Income taxes 67/77 €96 - -€96
Profit (loss) for the period 9904 -€6,714 -€2,649 +€4,065 +60.5%
Profit (loss) for the period to be appropriated 9905 -€6,714 -€2,649 +€4,065 +60.5%

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 29 September 2026 via checked.be.