KMDV ARCHITECTEN: 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.
KMDV ARCHITECTEN
Largest movements
- Cash +€267,628
up €267,628 (+885%), from €30,254 to €297,882
mainly Net result for the year (+€476,047) and Debts after one year (+€64,769)
- Current investments +€200,000
up €200,000 (+72.5%), from €275,681 to €475,681
- Tangible fixed assets -€55,219
down €55,219 (-16.2%), from €340,238 to €285,019
of which Leasing and similar rights: -€54,282
- Reserves +€288,281
up €288,281 (+19.2%), from €1.5m to €1.8m
- Debts after one year +€64,769
up €64,769 (+88.7%), from €73,005 to €137,773
- Tax, wage and social debts +€44,360
up €44,360 (+151%), from €29,310 to €73,670
- Financial income +€206,078
up €206,078 (+67.8%), from €304,037 to €510,116
- Taxes +€32,959
up €32,959 (+86.3%), from €38,210 to €71,169
- Gross operating margin +€25,668
up €25,668 (+25.9%), from €99,051 to €124,719
- Other operating charges +€23,177
up €23,177 (+1,056%), from €2,194 to €25,371
- Depreciation +€8,198
up €8,198 (+17.3%), from €47,487 to €55,685
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 | €1,894,572 | €2,311,878 | +€417,306 | +22.0% |
| Fixed assets | 21/28 | €1,259,726 | €1,204,506 | -€55,219 | -4.4% |
| Tangible fixed assets | 22/27 | €340,238 | €285,019 | -€55,219 | -16.2% |
| Land and buildings | 22 | €171,408 | €135,667 | -€35,741 | -20.9% |
| Furniture and vehicles | 24 | €78,281 | €98,195 | +€19,914 | +25.4% |
| Leasing and similar rights | 25 | €54,282 | - | -€54,282 | |
| Other tangible fixed assets | 26 | €36,266 | €51,157 | +€14,891 | +41.1% |
| Financial fixed assets | 28 | €919,488 | €919,488 | = | 0.0% |
| Current assets | 29/58 | €634,847 | €1,107,372 | +€472,525 | +74.4% |
| Amounts receivable within one year | 40/41 | €325,404 | €328,562 | +€3,157 | +1.0% |
| Trade receivables | 40 | €21,175 | €48,400 | +€27,225 | +129% |
| Other amounts receivable | 41 | €304,229 | €280,162 | -€24,068 | -7.9% |
| Current investments | 50/53 | €275,681 | €475,681 | +€200,000 | +72.5% |
| Cash at bank and in hand | 54/58 | €30,254 | €297,882 | +€267,628 | +885% |
| Deferred charges and accrued income | 490/1 | €3,507 | €5,247 | +€1,740 | +49.6% |
| Total equity and liabilities | 10/49 | €1,894,572 | €2,311,878 | +€417,306 | +22.0% |
| Equity | 10/15 | €1,502,233 | €1,790,514 | +€288,281 | +19.2% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €1,501,633 | €1,789,914 | +€288,281 | +19.2% |
| Distributable reserves | 133 | €1,501,633 | €1,789,914 | +€288,281 | +19.2% |
| Amounts payable | 17/49 | €392,339 | €521,364 | +€129,025 | +32.9% |
| Amounts payable after more than one year | 17 | €73,005 | €137,773 | +€64,769 | +88.7% |
| Financial debts | 170/4 | €73,005 | €137,773 | +€64,769 | +88.7% |
| Amounts payable within one year | 42/48 | €319,335 | €383,591 | +€64,256 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €24,820 | €34,519 | +€9,699 | +39.1% |
| Trade debts | 44 | €7,185 | €17,897 | +€10,712 | +149% |
| Suppliers | 440/4 | €7,185 | €17,897 | +€10,712 | +149% |
| Taxes, remuneration and social security | 45 | €29,310 | €73,670 | +€44,360 | +151% |
| Taxes | 450/3 | €29,310 | €73,670 | +€44,360 | +151% |
| Other amounts payable | 47/48 | €258,020 | €257,505 | -€515 | -0.2% |
| Non-recurring operating income | 76A | €37,728 | - | -€37,728 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,487 | €55,685 | +€8,198 | +17.3% |
| Other operating charges | 640/8 | €2,194 | €25,371 | +€23,177 | +1,056% |
| Gross operating margin | 9900 | €99,051 | €124,719 | +€25,668 | +25.9% |
| Operating profit (loss) | 9901 | €49,370 | €43,663 | -€5,707 | -11.6% |
| Financial income | 75/76B | €304,037 | €510,116 | +€206,078 | +67.8% |
| Recurring financial income | 75 | €304,037 | €510,116 | +€206,078 | +67.8% |
| Financial charges | 65/66B | €8,361 | €6,563 | -€1,798 | -21.5% |
| Recurring financial charges | 65 | €8,361 | €6,563 | -€1,798 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €345,046 | €547,216 | +€202,170 | +58.6% |
| Income taxes | 67/77 | €38,210 | €71,169 | +€32,959 | +86.3% |
| Profit (loss) for the period | 9904 | €306,836 | €476,047 | +€169,211 | +55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €306,836 | €476,047 | +€169,211 | +55.1% |
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 25 October 2026 via checked.be.