K.V. & COMPANY: what changed
What changed
K.V. & COMPANY
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€43,298
2024 · -€10,142+€53,440
Equity
€250,647
2024 · €207,349+€43,298
Cash
€39,387
2024 · €36,778+€2,609
Balance sheet total
€1.2m
2024 · €1.3m-€65,788
Largest movements
Assets
- Receivables within one year -€70,436
down €70,436 (-61.2%), from €115,111 to €44,675
of which Other amounts receivable: -€49,853
- Tangible fixed assets +€22,388
up €22,388 (+17.7%), from €126,745 to €149,133
of which Plant, machinery and equipment: +€51,813
- Stocks and contracts -€22,322
down €22,322 (-2.7%), from €826,108 to €803,786
Equity and liabilities
- Short-term financial debts -€50,000
down €50,000 (-14.3%), from €350,000 to €300,000
- Profit (loss) carried forward +€43,298
up €43,298 (+37.3%), from -€115,975 to -€72,677
- Tax, wage and social debts -€37,429
down €37,429 (-41.0%), from €91,353 to €53,924
- Trade debts -€20,669
down €20,669 (-22.0%), from €94,155 to €73,486
Income statement
- Gross operating margin +€46,696
up €46,696 (+90.0%), from €51,898 to €98,594
- Financial charges -€7,581
down €7,581 (-35.0%), from €21,652 to €14,070
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€10,142
Gross operating margin
+€46,696
Depreciation
-€400
Other operating charges
-€443
Financial income
+€5
Financial charges
+€7,581
Result 2025
€43,298
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€107,609
Investment
-€55,000
Financing
-€50,000
Cash 2024
€36,778
From operations (derived)
+€107,609
Net result for the year
+€43,298
Depreciation
+€31,616
Stocks and contracts
+€22,322
Receivables within one year
+€70,436
Deferred charges and accrued income
-€977
Trade debts
-€20,669
Tax, wage and social debts
-€37,429
Other debts
-€989
Investment (derived)
-€55,000
Investment in fixed assets (net)
-€55,000
Financing
-€50,000
Short-term financial debts
-€50,000
Cash 2025
€39,387
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,276,478 | €1,210,690 | -€65,788 | -5.2% |
| Fixed assets | 21/28 | €296,573 | €319,956 | +€23,384 | +7.9% |
| Intangible fixed assets | 21 | - | €996 | +€996 | |
| Tangible fixed assets | 22/27 | €126,745 | €149,133 | +€22,388 | +17.7% |
| Land and buildings | 22 | €112,000 | €84,000 | -€28,000 | -25.0% |
| Plant, machinery and equipment | 23 | €10,265 | €62,079 | +€51,813 | +505% |
| Furniture and vehicles | 24 | €4,479 | €3,054 | -€1,425 | -31.8% |
| Financial fixed assets | 28 | €169,828 | €169,828 | = | 0.0% |
| Current assets | 29/58 | €979,905 | €890,733 | -€89,172 | -9.1% |
| Stocks and contracts in progress | 3 | €826,108 | €803,786 | -€22,322 | -2.7% |
| Stocks | 30/36 | €826,108 | €803,786 | -€22,322 | -2.7% |
| Amounts receivable within one year | 40/41 | €115,111 | €44,675 | -€70,436 | -61.2% |
| Trade receivables | 40 | €65,258 | €44,675 | -€20,583 | -31.5% |
| Other amounts receivable | 41 | €49,853 | €0 | -€49,853 | -100% |
| Cash at bank and in hand | 54/58 | €36,778 | €39,387 | +€2,609 | +7.1% |
| Deferred charges and accrued income | 490/1 | €1,908 | €2,886 | +€977 | +51.2% |
| Total equity and liabilities | 10/49 | €1,276,478 | €1,210,690 | -€65,788 | -5.2% |
| Equity | 10/15 | €207,349 | €250,647 | +€43,298 | +20.9% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €23,324 | €23,324 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,324 | €8,324 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€115,975 | -€72,677 | +€43,298 | +37.3% |
| Amounts payable | 17/49 | €1,069,129 | €960,042 | -€109,087 | -10.2% |
| Amounts payable within one year | 42/48 | €1,069,129 | €960,042 | -€109,087 | -10.2% |
| Financial debts | 43 | €350,000 | €300,000 | -€50,000 | -14.3% |
| Credit institutions | 430/8 | €350,000 | €300,000 | -€50,000 | -14.3% |
| Trade debts | 44 | €94,155 | €73,486 | -€20,669 | -22.0% |
| Suppliers | 440/4 | €94,155 | €73,486 | -€20,669 | -22.0% |
| Taxes, remuneration and social security | 45 | €91,353 | €53,924 | -€37,429 | -41.0% |
| Taxes | 450/3 | €91,353 | €53,924 | -€37,429 | -41.0% |
| Other amounts payable | 47/48 | €533,621 | €532,632 | -€989 | -0.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,216 | €31,616 | +€400 | +1.3% |
| Other operating charges | 640/8 | €9,173 | €9,615 | +€443 | +4.8% |
| Gross operating margin | 9900 | €51,898 | €98,594 | +€46,696 | +90.0% |
| Operating profit (loss) | 9901 | €11,509 | €57,363 | +€45,854 | +398% |
| Financial income | 75/76B | €1 | €6 | +€5 | +456% |
| Recurring financial income | 75 | €1 | €6 | +€5 | +456% |
| Financial charges | 65/66B | €21,652 | €14,070 | -€7,581 | -35.0% |
| Recurring financial charges | 65 | €21,652 | €14,070 | -€7,581 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,142 | €43,298 | +€53,440 | |
| Profit (loss) for the period | 9904 | -€10,142 | €43,298 | +€53,440 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,142 | €43,298 | +€53,440 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.