KAVE 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.
KAVE CONSULTING
Largest movements
- Cash +€20,643
up €20,643 (+101%), from €20,378 to €41,021
mainly Net result for the year (+€20,128) and Depreciation (+€7,818)
- Tangible fixed assets -€6,896
down €6,896 (-21.9%), from €31,424 to €24,527
- Deferred charges and accrued income +€1,321
up €1,321 (+101%), from €1,310 to €2,631
- Reserves +€19,528
up €19,528 (+91.5%), from €21,354 to €40,882
- Debts after one year -€6,554
down €6,554 (-30.2%), from €21,709 to €15,155
- Trade debts +€1,616
up €1,616 (+226%), from €714 to €2,330
- Depreciation +€1,681
up €1,681 (+27.4%), from €6,137 to €7,818
- Gross operating margin -€666
down €666 (-1.9%), from €35,642 to €34,976
- Taxes -€571
down €571 (-9.5%), from €6,000 to €5,429
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 | €62,791 | €77,930 | +€15,139 | +24.1% |
| Fixed assets | 21/28 | €31,424 | €24,527 | -€6,896 | -21.9% |
| Tangible fixed assets | 22/27 | €31,424 | €24,527 | -€6,896 | -21.9% |
| Furniture and vehicles | 24 | €31,424 | €24,527 | -€6,896 | -21.9% |
| Current assets | 29/58 | €31,367 | €53,403 | +€22,036 | +70.3% |
| Amounts receivable within one year | 40/41 | €9,680 | €9,751 | +€71 | +0.7% |
| Trade receivables | 40 | €9,680 | €9,680 | = | 0.0% |
| Other amounts receivable | 41 | - | €71 | +€71 | |
| Cash at bank and in hand | 54/58 | €20,378 | €41,021 | +€20,643 | +101% |
| Deferred charges and accrued income | 490/1 | €1,310 | €2,631 | +€1,321 | +101% |
| Total equity and liabilities | 10/49 | €62,791 | €77,930 | +€15,139 | +24.1% |
| Equity | 10/15 | €26,354 | €45,882 | +€19,528 | +74.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €21,354 | €40,882 | +€19,528 | +91.5% |
| Distributable reserves | 133 | €21,354 | €40,882 | +€19,528 | +91.5% |
| Amounts payable | 17/49 | €36,438 | €32,049 | -€4,389 | -12.0% |
| Amounts payable after more than one year | 17 | €21,709 | €15,155 | -€6,554 | -30.2% |
| Financial debts | 170/4 | €21,709 | €15,155 | -€6,554 | -30.2% |
| Amounts payable within one year | 42/48 | €14,728 | €16,894 | +€2,165 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €6,291 | €6,554 | +€263 | +4.2% |
| Trade debts | 44 | €714 | €2,330 | +€1,616 | +226% |
| Suppliers | 440/4 | €714 | €2,330 | +€1,616 | +226% |
| Taxes, remuneration and social security | 45 | €6,499 | €6,468 | -€31 | -0.5% |
| Taxes | 450/3 | €6,499 | €6,468 | -€31 | -0.5% |
| Other amounts payable | 47/48 | €1,225 | €1,542 | +€317 | +25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,137 | €7,818 | +€1,681 | +27.4% |
| Other operating charges | 640/8 | €200 | €434 | +€234 | +117% |
| Gross operating margin | 9900 | €35,642 | €34,976 | -€666 | -1.9% |
| Operating profit (loss) | 9901 | €29,305 | €26,724 | -€2,581 | -8.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,352 | €1,168 | -€184 | -13.6% |
| Recurring financial charges | 65 | €1,352 | €1,168 | -€184 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €27,954 | €25,557 | -€2,397 | -8.6% |
| Income taxes | 67/77 | €6,000 | €5,429 | -€571 | -9.5% |
| Profit (loss) for the period | 9904 | €21,954 | €20,128 | -€1,826 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,954 | €20,128 | -€1,826 | -8.3% |
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 20 October 2026 via checked.be.