S + K 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.
S + K Consulting
Largest movements
- Tangible fixed assets -€109,602
down €109,602 (-5.8%), from €1.9m to €1.8m
of which Land and buildings: -€108,786
- Cash +€24,656
up €24,656 (+94.7%), from €26,036 to €50,691
mainly Depreciation (+€109,602) and Net result for the year (+€47,358)
- Debts after one year -€131,869
down €131,869 (-7.9%), from €1.7m to €1.5m
of which Financial debts: -€122,869
- Profit (loss) carried forward +€47,358
up €47,358 (+27.5%), from -€172,041 to -€124,683
- Gross operating margin -€18,637
down €18,637 (-9.1%), from €205,723 to €187,086
- Other operating charges -€2,251
down €2,251 (-15.6%), from €14,449 to €12,198
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 | €1,906,522 | €1,833,676 | -€72,846 | -3.8% |
| Fixed assets | 21/28 | €1,880,486 | €1,770,884 | -€109,602 | -5.8% |
| Tangible fixed assets | 22/27 | €1,879,599 | €1,769,997 | -€109,602 | -5.8% |
| Land and buildings | 22 | €1,877,580 | €1,768,794 | -€108,786 | -5.8% |
| Furniture and vehicles | 24 | €2,019 | €1,203 | -€816 | -40.4% |
| Financial fixed assets | 28 | €887 | €887 | = | 0.0% |
| Current assets | 29/58 | €26,036 | €62,791 | +€36,756 | +141% |
| Amounts receivable within one year | 40/41 | - | €12,100 | +€12,100 | |
| Trade receivables | 40 | - | €12,100 | +€12,100 | |
| Cash at bank and in hand | 54/58 | €26,036 | €50,691 | +€24,656 | +94.7% |
| Total equity and liabilities | 10/49 | €1,906,522 | €1,833,676 | -€72,846 | -3.8% |
| Equity | 10/15 | €104,466 | €151,824 | +€47,358 | +45.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €257,907 | €257,907 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €256,047 | €256,047 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€172,041 | -€124,683 | +€47,358 | +27.5% |
| Amounts payable | 17/49 | €1,802,055 | €1,681,852 | -€120,203 | -6.7% |
| Amounts payable after more than one year | 17 | €1,668,599 | €1,536,729 | -€131,869 | -7.9% |
| Financial debts | 170/4 | €1,480,599 | €1,357,729 | -€122,869 | -8.3% |
| Other amounts payable | 178/9 | €188,000 | €179,000 | -€9,000 | -4.8% |
| Amounts payable within one year | 42/48 | €132,489 | €145,123 | +€12,633 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €121,201 | €122,869 | +€1,669 | +1.4% |
| Trade debts | 44 | €1,407 | €16,069 | +€14,662 | +1,042% |
| Suppliers | 440/4 | €1,407 | €16,069 | +€14,662 | +1,042% |
| Taxes, remuneration and social security | 45 | €7,429 | €5,436 | -€1,994 | -26.8% |
| Taxes | 450/3 | €7,429 | €5,436 | -€1,994 | -26.8% |
| Other amounts payable | 47/48 | €2,452 | €749 | -€1,703 | -69.5% |
| Accrued charges and deferred income | 492/3 | €968 | - | -€968 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,758 | €109,602 | -€156 | -0.1% |
| Other operating charges | 640/8 | €14,449 | €12,198 | -€2,251 | -15.6% |
| Gross operating margin | 9900 | €205,723 | €187,086 | -€18,637 | -9.1% |
| Operating profit (loss) | 9901 | €81,516 | €65,286 | -€16,230 | -19.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +25.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +25.0% |
| Financial charges | 65/66B | €19,839 | €17,929 | -€1,910 | -9.6% |
| Recurring financial charges | 65 | €19,839 | €17,929 | -€1,910 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €61,677 | €47,358 | -€14,320 | -23.2% |
| Profit (loss) for the period | 9904 | €61,677 | €47,358 | -€14,320 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €61,677 | €47,358 | -€14,320 | -23.2% |
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 25 October 2026 via checked.be.