K2V International: 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.
K2V International
Largest movements
- Receivables within one year -€20,228
down €20,228 (-98.9%), from €20,456 to €228
of which Trade receivables: -€18,074
- Cash -€11,189
down €11,189 (-54.7%), from €20,459 to €9,270
mainly Net result for the year (-€31,596) and Other debts (-€2,208)
- Tangible fixed assets -€2,192
down €2,192 (-32.5%), from €6,750 to €4,558
- Profit (loss) carried forward -€31,596
down €31,596 (-99.9%), from €31,630 to €34
- Other debts -€2,208
down €2,208 (-78.3%), from €2,820 to €612
- Gross operating margin -€72,873
down €72,873, from €44,675 to -€28,198
- Taxes -€10,139
down €10,139, from €10,000 to -€139
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 | €47,664 | €14,056 | -€33,608 | -70.5% |
| Fixed assets | 21/28 | €6,750 | €4,558 | -€2,192 | -32.5% |
| Tangible fixed assets | 22/27 | €6,750 | €4,558 | -€2,192 | -32.5% |
| Furniture and vehicles | 24 | €6,750 | €4,558 | -€2,192 | -32.5% |
| Current assets | 29/58 | €40,914 | €9,498 | -€31,416 | -76.8% |
| Amounts receivable within one year | 40/41 | €20,456 | €228 | -€20,228 | -98.9% |
| Trade receivables | 40 | €18,074 | - | -€18,074 | |
| Other amounts receivable | 41 | €2,381 | €228 | -€2,153 | -90.4% |
| Cash at bank and in hand | 54/58 | €20,459 | €9,270 | -€11,189 | -54.7% |
| Total equity and liabilities | 10/49 | €47,664 | €14,056 | -€33,608 | -70.5% |
| Equity | 10/15 | €34,630 | €3,034 | -€31,596 | -91.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,630 | €34 | -€31,596 | -99.9% |
| Amounts payable | 17/49 | €13,034 | €11,022 | -€2,012 | -15.4% |
| Amounts payable within one year | 42/48 | €13,034 | €11,022 | -€2,012 | -15.4% |
| Trade debts | 44 | €214 | €549 | +€334 | +156% |
| Suppliers | 440/4 | €214 | €549 | +€334 | +156% |
| Taxes, remuneration and social security | 45 | €10,000 | €9,861 | -€139 | -1.4% |
| Taxes | 450/3 | €10,000 | €9,861 | -€139 | -1.4% |
| Other amounts payable | 47/48 | €2,820 | €612 | -€2,208 | -78.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,018 | €2,192 | +€174 | +8.6% |
| Other operating charges | 640/8 | €989 | €1,228 | +€240 | +24.2% |
| Gross operating margin | 9900 | €44,675 | -€28,198 | -€72,873 | |
| Operating profit (loss) | 9901 | €41,668 | -€31,618 | -€73,286 | |
| Financial charges | 65/66B | €39 | €116 | +€78 | +202% |
| Recurring financial charges | 65 | €39 | €116 | +€78 | +202% |
| Profit (loss) for the period before taxes | 9903 | €41,630 | -€31,735 | -€73,364 | |
| Income taxes | 67/77 | €10,000 | -€139 | -€10,139 | |
| Profit (loss) for the period | 9904 | €31,630 | -€31,596 | -€63,226 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,630 | -€31,596 | -€63,226 |
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.