KERVIZIC 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.
KERVIZIC Consulting
Largest movements
- Tangible fixed assets -€237,519
down €237,519 (-77.8%), from €305,422 to €67,903
- Cash +€207,406
up €207,406 (+32,444%), from €639 to €208,045
- Current investments +€160,000
new in 2025: €160,000
- Profit (loss) carried forward +€200,763
up €200,763 (+69.7%), from -€287,966 to -€87,203
- Other debts -€67,520
down €67,520 (-39.4%), from €171,388 to €103,868
- Financial income +€6,891
new in 2025: €6,891
- Depreciation -€5,682
down €5,682 (-53.9%), from €10,544 to €4,862
- Gross operating margin +€3,974
up €3,974, from -€3,579 to €395
- Other operating charges -€1,562
down €1,562 (-53.0%), from €2,948 to €1,386
- Financial charges +€138
up €138 (+264%), from €52 to €190
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €307,321 | €439,464 | +€132,143 | +43.0% |
| Fixed assets | 21/28 | €305,422 | €67,903 | -€237,519 | -77.8% |
| Tangible fixed assets | 22/27 | €305,422 | €67,903 | -€237,519 | -77.8% |
| Land and buildings | 22 | €305,422 | €67,903 | -€237,519 | -77.8% |
| Current assets | 29/58 | €1,900 | €371,561 | +€369,662 | +19,460% |
| Amounts receivable within one year | 40/41 | - | €2,266 | +€2,266 | |
| Other amounts receivable | 41 | - | €2,266 | +€2,266 | |
| Current investments | 50/53 | - | €160,000 | +€160,000 | |
| Cash at bank and in hand | 54/58 | €639 | €208,045 | +€207,406 | +32,444% |
| Deferred charges and accrued income | 490/1 | €1,260 | €1,250 | -€10 | -0.8% |
| Total equity and liabilities | 10/49 | €307,321 | €439,464 | +€132,143 | +43.0% |
| Equity | 10/15 | €132,034 | €332,797 | +€200,763 | +152% |
| Contributions | 10/11 | €420,000 | €420,000 | = | 0.0% |
| Capital | 10 | €420,000 | €420,000 | = | 0.0% |
| Issued capital | 100 | €420,000 | €420,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€287,966 | -€87,203 | +€200,763 | +69.7% |
| Amounts payable | 17/49 | €175,288 | €106,668 | -€68,620 | -39.1% |
| Amounts payable within one year | 42/48 | €171,388 | €103,868 | -€67,520 | -39.4% |
| Other amounts payable | 47/48 | €171,388 | €103,868 | -€67,520 | -39.4% |
| Accrued charges and deferred income | 492/3 | €3,900 | €2,800 | -€1,100 | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,544 | €4,862 | -€5,682 | -53.9% |
| Other operating charges | 640/8 | €2,948 | €1,386 | -€1,562 | -53.0% |
| Gross operating margin | 9900 | -€3,579 | €395 | +€3,974 | |
| Operating profit (loss) | 9901 | -€17,071 | -€5,853 | +€11,218 | +65.7% |
| Financial income | 75/76B | - | €6,891 | +€6,891 | |
| Recurring financial income | 75 | - | €6,891 | +€6,891 | |
| Financial charges | 65/66B | €52 | €190 | +€138 | +264% |
| Recurring financial charges | 65 | €52 | €190 | +€138 | +264% |
| Profit (loss) for the period before taxes | 9903 | -€17,123 | €848 | +€17,971 | |
| Profit (loss) for the period | 9904 | -€17,123 | €848 | +€17,971 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,123 | €848 | +€17,971 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 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.