PKF 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.
PKF CONSULTING
Largest movements
- Financial fixed assets +€250,000
up €250,000 (+536%), from €46,600 to €296,600
- Current investments +€111,436
up €111,436 (+34,570%), from €322 to €111,759
- Receivables within one year -€43,929
down €43,929 (-99.4%), from €44,175 to €245
of which Trade receivables: -€43,950
- Cash +€38,680
up €38,680 (+8,036%), from €481 to €39,161
mainly Debts after one year (+€207,961) and Net result for the year (+€128,744)
- Tangible fixed assets -€21,215
down €21,215 (-15.1%), from €140,877 to €119,663
of which Furniture and vehicles: -€11,706
- Debts after one year +€207,961
up €207,961 (+198%), from €105,138 to €313,099
- Other debts +€65,137
up €65,137 (+310%), from €20,992 to €86,129
- Reserves +€28,744
up €28,744 (+68.9%), from €41,710 to €70,454
- Current portion of long-term debt +€18,749
up €18,749 (+97.9%), from €19,149 to €37,899
- Tax, wage and social debts +€9,714
up €9,714 (+41.9%), from €23,189 to €32,903
of which Taxes: +€6,186
- Gross operating margin +€155,702
up €155,702 (+142%), from €109,306 to €265,007
- Staff costs +€39,259
up €39,259 (+77.2%), from €50,857 to €90,116
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 | €235,721 | €570,466 | +€334,745 | +142% |
| Fixed assets | 21/28 | €187,477 | €416,263 | +€228,785 | +122% |
| Tangible fixed assets | 22/27 | €140,877 | €119,663 | -€21,215 | -15.1% |
| Land and buildings | 22 | €100,299 | €90,964 | -€9,335 | -9.3% |
| Plant, machinery and equipment | 23 | €693 | €520 | -€173 | -25.0% |
| Furniture and vehicles | 24 | €39,886 | €28,179 | -€11,706 | -29.3% |
| Financial fixed assets | 28 | €46,600 | €296,600 | +€250,000 | +536% |
| Current assets | 29/58 | €48,244 | €154,203 | +€105,959 | +220% |
| Amounts receivable within one year | 40/41 | €44,175 | €245 | -€43,929 | -99.4% |
| Trade receivables | 40 | €44,000 | €50 | -€43,950 | -99.9% |
| Other amounts receivable | 41 | €175 | €195 | +€21 | +11.8% |
| Current investments | 50/53 | €322 | €111,759 | +€111,436 | +34,570% |
| Cash at bank and in hand | 54/58 | €481 | €39,161 | +€38,680 | +8,036% |
| Deferred charges and accrued income | 490/1 | €3,266 | €3,038 | -€228 | -7.0% |
| Total equity and liabilities | 10/49 | €235,721 | €570,466 | +€334,745 | +142% |
| Equity | 10/15 | €61,710 | €90,454 | +€28,744 | +46.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €41,710 | €70,454 | +€28,744 | +68.9% |
| Distributable reserves | 133 | €41,710 | €70,454 | +€28,744 | +68.9% |
| Amounts payable | 17/49 | €174,011 | €480,012 | +€306,000 | +176% |
| Amounts payable after more than one year | 17 | €105,138 | €313,099 | +€207,961 | +198% |
| Financial debts | 170/4 | €105,138 | €313,099 | +€207,961 | +198% |
| Amounts payable within one year | 42/48 | €67,906 | €158,816 | +€90,910 | +134% |
| Current portion of amounts payable after more than one year | 42 | €19,149 | €37,899 | +€18,749 | +97.9% |
| Financial debts | 43 | €295 | - | -€295 | |
| Credit institutions | 430/8 | €295 | - | -€295 | |
| Trade debts | 44 | €4,281 | €1,885 | -€2,396 | -56.0% |
| Suppliers | 440/4 | €4,281 | €1,885 | -€2,396 | -56.0% |
| Taxes, remuneration and social security | 45 | €23,189 | €32,903 | +€9,714 | +41.9% |
| Taxes | 450/3 | €18,294 | €24,480 | +€6,186 | +33.8% |
| Remuneration and social security | 454/9 | €4,895 | €8,423 | +€3,528 | +72.1% |
| Other amounts payable | 47/48 | €20,992 | €86,129 | +€65,137 | +310% |
| Accrued charges and deferred income | 492/3 | €967 | €8,097 | +€7,130 | +738% |
| Remuneration, social security and pensions | 62 | €50,857 | €90,116 | +€39,259 | +77.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,389 | €24,008 | -€1,381 | -5.4% |
| Other operating charges | 640/8 | €4,468 | €6,513 | +€2,045 | +45.8% |
| Gross operating margin | 9900 | €109,306 | €265,007 | +€155,702 | +142% |
| Operating profit (loss) | 9901 | €28,591 | €144,371 | +€115,780 | +405% |
| Financial income | 75/76B | €211 | €71 | -€140 | -66.4% |
| Recurring financial income | 75 | €211 | €71 | -€140 | -66.4% |
| Financial charges | 65/66B | €4,841 | €5,336 | +€494 | +10.2% |
| Recurring financial charges | 65 | €4,841 | €5,336 | +€494 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €23,961 | €139,106 | +€115,145 | +481% |
| Income taxes | 67/77 | €9,075 | €10,362 | +€1,287 | +14.2% |
| Profit (loss) for the period | 9904 | €14,886 | €128,744 | +€113,858 | +765% |
| Profit (loss) for the period to be appropriated | 9905 | €14,886 | €128,744 | +€113,858 | +765% |
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 21 October 2026 via checked.be.