KaVe: 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.
KaVe
Largest movements
- Receivables within one year -€8,321
no longer reported in 2025 (was €8,321)
of which Other amounts receivable: -€5,980
- Cash +€7,130
up €7,130 (+61.5%), from €11,592 to €18,722
mainly Other debts (+€16,052) and Receivables within one year (+€8,321)
- Tangible fixed assets -€5,202
down €5,202 (-43.7%), from €11,901 to €6,699
- Deferred charges and accrued income +€320
new in 2025: €320
- Trade debts -€21,675
down €21,675 (-98.2%), from €22,075 to €400
- Other debts +€16,052
new in 2025: €16,052
- Tax, wage and social debts -€851
down €851 (-39.0%), from €2,183 to €1,332
- Profit (loss) carried forward +€401
up €401 (+7.2%), from €5,556 to €5,958
- Gross operating margin -€4,961
down €4,961 (-38.7%), from €12,825 to €7,864
- Taxes -€851
down €851 (-39.0%), from €2,183 to €1,332
- Other operating charges +€477
up €477 (+148.3%), from €322 to €799
- Depreciation +€455
up €455 (+9.6%), from €4,747 to €5,202
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.
Cash bridge derived
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 | €31,814 | €25,742 | -€6,073 | -19.1% |
| Fixed assets | 21/28 | €11,901 | €6,699 | -€5,202 | -43.7% |
| Tangible fixed assets | 22/27 | €11,901 | €6,699 | -€5,202 | -43.7% |
| Furniture and vehicles | 24 | €11,901 | €6,699 | -€5,202 | -43.7% |
| Current assets | 29/58 | €19,913 | €19,042 | -€871 | -4.4% |
| Amounts receivable within one year | 40/41 | €8,321 | - | -€8,321 | |
| Trade receivables | 40 | €2,341 | - | -€2,341 | |
| Other amounts receivable | 41 | €5,980 | - | -€5,980 | |
| Cash at bank and in hand | 54/58 | €11,592 | €18,722 | +€7,130 | +61.5% |
| Deferred charges and accrued income | 490/1 | - | €320 | +€320 | |
| Total equity and liabilities | 10/49 | €31,814 | €25,742 | -€6,073 | -19.1% |
| Equity | 10/15 | €7,556 | €7,958 | +€401 | +5.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,556 | €5,958 | +€401 | +7.2% |
| Amounts payable | 17/49 | €24,258 | €17,784 | -€6,474 | -26.7% |
| Amounts payable within one year | 42/48 | €24,258 | €17,784 | -€6,474 | -26.7% |
| Trade debts | 44 | €22,075 | €400 | -€21,675 | -98.2% |
| Suppliers | 440/4 | €22,075 | €400 | -€21,675 | -98.2% |
| Taxes, remuneration and social security | 45 | €2,183 | €1,332 | -€851 | -39.0% |
| Taxes | 450/3 | €2,183 | €1,332 | -€851 | -39.0% |
| Other amounts payable | 47/48 | - | €16,052 | +€16,052 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,747 | €5,202 | +€455 | +9.6% |
| Other operating charges | 640/8 | €322 | €799 | +€477 | +148.3% |
| Gross operating margin | 9900 | €12,825 | €7,864 | -€4,961 | -38.7% |
| Operating profit (loss) | 9901 | €7,757 | €1,863 | -€5,893 | -76.0% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €18 | €133 | +€116 | +661.1% |
| Recurring financial charges | 65 | €18 | €133 | +€116 | +661.1% |
| Profit (loss) for the period before taxes | 9903 | €7,739 | €1,734 | -€6,006 | -77.6% |
| Income taxes | 67/77 | €2,183 | €1,332 | -€851 | -39.0% |
| Profit (loss) for the period | 9904 | €5,556 | €401 | -€5,155 | -92.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,556 | €401 | -€5,155 | -92.8% |
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 11 October 2026 via checked.be.