Kmvnhck: 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.
Kmvnhck
Largest movements
- Cash +€21,343
up €21,343 (+230%), from €9,266 to €30,608
mainly Net result for the year (+€27,445) and Depreciation (+€16,432)
- Tangible fixed assets -€12,793
down €12,793 (-17.1%), from €74,882 to €62,089
of which Furniture and vehicles: -€12,440
- Receivables within one year -€2,895
down €2,895 (-20.5%), from €14,095 to €11,200
- Reserves +€27,445
up €27,445 (+189%), from €14,491 to €41,936
- Other debts -€13,073
down €13,073 (-18.5%), from €70,589 to €57,516
- Tax, wage and social debts -€5,000
no longer reported in 2025 (was €5,000)
- Trade debts -€3,607
down €3,607 (-99.3%), from €3,632 to €25
- Gross operating margin +€25,747
up €25,747 (+105%), from €24,599 to €50,346
- Depreciation +€12,527
up €12,527 (+321%), from €3,905 to €16,432
- Taxes +€838
up €838 (+16.8%), from €5,000 to €5,838
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 | €99,912 | €105,677 | +€5,765 | +5.8% |
| Fixed assets | 21/28 | €74,882 | €62,089 | -€12,793 | -17.1% |
| Tangible fixed assets | 22/27 | €74,882 | €62,089 | -€12,793 | -17.1% |
| Plant, machinery and equipment | 23 | €1,615 | €1,262 | -€353 | -21.8% |
| Furniture and vehicles | 24 | €73,268 | €60,827 | -€12,440 | -17.0% |
| Current assets | 29/58 | €25,030 | €43,588 | +€18,558 | +74.1% |
| Amounts receivable within one year | 40/41 | €14,095 | €11,200 | -€2,895 | -20.5% |
| Trade receivables | 40 | €14,095 | €11,200 | -€2,895 | -20.5% |
| Cash at bank and in hand | 54/58 | €9,266 | €30,608 | +€21,343 | +230% |
| Deferred charges and accrued income | 490/1 | €1,669 | €1,780 | +€110 | +6.6% |
| Total equity and liabilities | 10/49 | €99,912 | €105,677 | +€5,765 | +5.8% |
| Equity | 10/15 | €20,691 | €48,136 | +€27,445 | +133% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,491 | €41,936 | +€27,445 | +189% |
| Distributable reserves | 133 | €14,491 | €41,936 | +€27,445 | +189% |
| Amounts payable | 17/49 | €79,221 | €57,541 | -€21,680 | -27.4% |
| Amounts payable within one year | 42/48 | €79,221 | €57,541 | -€21,680 | -27.4% |
| Trade debts | 44 | €3,632 | €25 | -€3,607 | -99.3% |
| Suppliers | 440/4 | €3,632 | €25 | -€3,607 | -99.3% |
| Taxes, remuneration and social security | 45 | €5,000 | - | -€5,000 | |
| Remuneration and social security | 454/9 | €5,000 | - | -€5,000 | |
| Other amounts payable | 47/48 | €70,589 | €57,516 | -€13,073 | -18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,905 | €16,432 | +€12,527 | +321% |
| Other operating charges | 640/8 | €603 | €544 | -€59 | -9.8% |
| Gross operating margin | 9900 | €24,599 | €50,346 | +€25,747 | +105% |
| Operating profit (loss) | 9901 | €20,091 | €33,370 | +€13,279 | +66.1% |
| Financial charges | 65/66B | €44 | €87 | +€43 | +99.5% |
| Recurring financial charges | 65 | €44 | €87 | +€43 | +99.5% |
| Profit (loss) for the period before taxes | 9903 | €20,048 | €33,283 | +€13,235 | +66.0% |
| Income taxes | 67/77 | €5,000 | €5,838 | +€838 | +16.8% |
| Profit (loss) for the period | 9904 | €15,048 | €27,445 | +€12,398 | +82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,048 | €27,445 | +€12,398 | +82.4% |
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.