Nkeshi 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.
Nkeshi Consult
Largest movements
- Current investments -€31,115
down €31,115 (-34.1%), from €91,115 to €60,000
- Receivables within one year -€11,071
down €11,071 (-52.5%), from €21,101 to €10,030
of which Trade receivables: -€8,664
- Cash +€9,328
up €9,328 (+44.1%), from €21,139 to €30,467
mainly Other debts (+€50,012) and Net result for the year (+€44,133)
- Reserves -€75,569
down €75,569 (-64.2%), from €117,755 to €42,187
- Other debts +€50,012
new in 2025: €50,012
- Tax, wage and social debts -€8,194
down €8,194 (-55.1%), from €14,878 to €6,684
- Gross operating margin +€10,337
up €10,337 (+22.7%), from €45,455 to €55,792
- Taxes +€1,884
up €1,884 (+20.4%), from €9,232 to €11,116
- Other operating charges -€1,813
down €1,813 (-87.5%), from €2,072 to €259
- Financial income -€1,613
down €1,613 (-62.7%), from €2,571 to €958
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 | €135,765 | €102,299 | -€33,467 | -24.7% |
| Fixed assets | 21/28 | €1,405 | €1,457 | +€52 | +3.7% |
| Tangible fixed assets | 22/27 | €1,405 | €1,457 | +€52 | +3.7% |
| Furniture and vehicles | 24 | €1,405 | €1,457 | +€52 | +3.7% |
| Current assets | 29/58 | €134,361 | €100,842 | -€33,519 | -24.9% |
| Amounts receivable within one year | 40/41 | €21,101 | €10,030 | -€11,071 | -52.5% |
| Trade receivables | 40 | €18,537 | €9,874 | -€8,664 | -46.7% |
| Other amounts receivable | 41 | €2,564 | €156 | -€2,408 | -93.9% |
| Current investments | 50/53 | €91,115 | €60,000 | -€31,115 | -34.1% |
| Cash at bank and in hand | 54/58 | €21,139 | €30,467 | +€9,328 | +44.1% |
| Deferred charges and accrued income | 490/1 | €1,005 | €345 | -€660 | -65.7% |
| Total equity and liabilities | 10/49 | €135,765 | €102,299 | -€33,467 | -24.7% |
| Equity | 10/15 | €120,755 | €45,187 | -€75,569 | -62.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €117,755 | €42,187 | -€75,569 | -64.2% |
| Distributable reserves | 133 | €117,755 | €42,187 | -€75,569 | -64.2% |
| Amounts payable | 17/49 | €15,010 | €57,112 | +€42,102 | +280% |
| Amounts payable within one year | 42/48 | €15,010 | €57,112 | +€42,102 | +280% |
| Trade debts | 44 | €132 | €416 | +€284 | +214% |
| Suppliers | 440/4 | €132 | €416 | +€284 | +214% |
| Taxes, remuneration and social security | 45 | €14,878 | €6,684 | -€8,194 | -55.1% |
| Taxes | 450/3 | €14,878 | €6,684 | -€8,194 | -55.1% |
| Other amounts payable | 47/48 | - | €50,012 | +€50,012 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,317 | €1,148 | -€169 | -12.8% |
| Other operating charges | 640/8 | €2,072 | €259 | -€1,813 | -87.5% |
| Gross operating margin | 9900 | €45,455 | €55,792 | +€10,337 | +22.7% |
| Operating profit (loss) | 9901 | €42,066 | €54,386 | +€12,319 | +29.3% |
| Financial income | 75/76B | €2,571 | €958 | -€1,613 | -62.7% |
| Recurring financial income | 75 | €2,571 | €958 | -€1,613 | -62.7% |
| Financial charges | 65/66B | €235 | €95 | -€140 | -59.5% |
| Recurring financial charges | 65 | €235 | €95 | -€140 | -59.5% |
| Profit (loss) for the period before taxes | 9903 | €44,402 | €55,248 | +€10,846 | +24.4% |
| Income taxes | 67/77 | €9,232 | €11,116 | +€1,884 | +20.4% |
| Profit (loss) for the period | 9904 | €35,170 | €44,133 | +€8,962 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,170 | €44,133 | +€8,962 | +25.5% |
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 22 October 2026 via checked.be.