KEVIN TECHNICS: what changed
Two fiscal 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.
KEVIN TECHNICS
Largest movements
- Cash +€16,029
up €16,029 (+32.5%), from €49,278 to €65,308
mainly Net result for the year (+€13,191) and Other debts (+€2,626)
- Tangible fixed assets -€2,333
down €2,333 (-43.6%), from €5,356 to €3,022
of which Plant, machinery and equipment: -€1,203
- Receivables within one year +€869
up €869 (+10.7%), from €8,156 to €9,025
of which Other amounts receivable: +€736
- Reserves +€13,191
up €13,191 (+33.8%), from €38,991 to €52,182
of which Distributable reserves: +€13,191
- Other debts +€2,626
up €2,626 (+14.0%), from €18,753 to €21,379
- Trade debts -€846
down €846 (-31.6%), from €2,677 to €1,831
- Gross operating margin +€7,333
up €7,333 (+45.1%), from €16,247 to €23,581
- Taxes +€2,270
up €2,270 (+58.3%), from €3,894 to €6,165
- Depreciation +€362
up €362 (+18.4%), from €1,972 to €2,333
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 | €63,489 | €78,068 | +€14,579 | +23.0% |
| Fixed assets | 21/28 | €5,381 | €3,047 | -€2,333 | -43.4% |
| Tangible fixed assets | 22/27 | €5,356 | €3,022 | -€2,333 | -43.6% |
| Plant, machinery and equipment | 23 | €3,188 | €1,985 | -€1,203 | -37.7% |
| Furniture and vehicles | 24 | €2,167 | €1,037 | -€1,130 | -52.2% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €58,108 | €75,020 | +€16,912 | +29.1% |
| Amounts receivable within one year | 40/41 | €8,156 | €9,025 | +€869 | +10.7% |
| Trade receivables | 40 | €8,050 | €8,183 | +€133 | +1.7% |
| Other amounts receivable | 41 | €106 | €842 | +€736 | +696.4% |
| Cash at bank and in hand | 54/58 | €49,278 | €65,308 | +€16,029 | +32.5% |
| Deferred charges and accrued income | 490/1 | €674 | €687 | +€13 | +2.0% |
| Total equity and liabilities | 10/49 | €63,489 | €78,068 | +€14,579 | +23.0% |
| Equity | 10/15 | €39,991 | €53,182 | +€13,191 | +33.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €38,991 | €52,182 | +€13,191 | +33.8% |
| Non-distributable reserves | 130/1 | €9,000 | €9,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €29,991 | €43,182 | +€13,191 | +44.0% |
| Amounts payable | 17/49 | €23,498 | €24,886 | +€1,388 | +5.9% |
| Amounts payable within one year | 42/48 | €22,042 | €23,465 | +€1,423 | +6.5% |
| Trade debts | 44 | €2,677 | €1,831 | -€846 | -31.6% |
| Suppliers | 440/4 | €2,677 | €1,831 | -€846 | -31.6% |
| Taxes, remuneration and social security | 45 | €612 | €256 | -€357 | -58.3% |
| Taxes | 450/3 | €612 | €256 | -€357 | -58.3% |
| Other amounts payable | 47/48 | €18,753 | €21,379 | +€2,626 | +14.0% |
| Accrued charges and deferred income | 492/3 | €1,456 | €1,421 | -€35 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,972 | €2,333 | +€362 | +18.4% |
| Other operating charges | 640/8 | €274 | €344 | +€70 | +25.5% |
| Gross operating margin | 9900 | €16,247 | €23,581 | +€7,333 | +45.1% |
| Operating profit (loss) | 9901 | €14,002 | €20,903 | +€6,901 | +49.3% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €1,546 | €1,548 | +€2 | +0.2% |
| Recurring financial charges | 65 | €1,546 | €1,548 | +€2 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €12,456 | €19,356 | +€6,900 | +55.4% |
| Income taxes | 67/77 | €3,894 | €6,165 | +€2,270 | +58.3% |
| Profit (loss) for the period | 9904 | €8,561 | €13,191 | +€4,629 | +54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,561 | €13,191 | +€4,629 | +54.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.