KOVAFLEXHOMES: 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.
KOVAFLEXHOMES
Largest movements
- Tangible fixed assets +€14,661
up €14,661 (+50.9%), from €28,800 to €43,461
- Cash +€13,940
up €13,940 (+896.2%), from €1,555 to €15,495
mainly Trade debts (+€26,729) and Accrued charges and deferred income (+€19,884)
- Receivables within one year +€10,255
up €10,255 (+97.7%), from €10,494 to €20,749
of which Other amounts receivable: +€5,693
- Trade debts +€26,729
up €26,729 (+507.0%), from €5,272 to €32,002
- Accrued charges and deferred income +€19,884
new in 2025: €19,884
- Debts after one year -€7,699
no longer reported in 2025 (was €7,699)
- Other debts -€3,309
down €3,309 (-20.5%), from €16,164 to €12,855
- Profit (loss) carried forward +€2,608
up €2,608 (+345.3%), from €755 to €3,363
- Purchases and services -€21,682
down €21,682 (-42.4%), from €51,178 to €29,495
- Gross operating margin +€1,190
up €1,190 (+11.9%), from €9,964 to €11,154
- Financial charges -€951
down €951 (-51.1%), from €1,860 to €909
- Depreciation +€316
up €316 (+4.4%), from €7,200 to €7,516
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 | €40,850 | €79,706 | +€38,856 | +95.1% |
| Fixed assets | 21/28 | €28,800 | €43,461 | +€14,661 | +50.9% |
| Tangible fixed assets | 22/27 | €28,800 | €43,461 | +€14,661 | +50.9% |
| Furniture and vehicles | 24 | €28,800 | €43,461 | +€14,661 | +50.9% |
| Current assets | 29/58 | €12,050 | €36,245 | +€24,195 | +200.8% |
| Amounts receivable within one year | 40/41 | €10,494 | €20,749 | +€10,255 | +97.7% |
| Trade receivables | 40 | €10,238 | €14,800 | +€4,562 | +44.6% |
| Other amounts receivable | 41 | €256 | €5,949 | +€5,693 | +2219.9% |
| Cash at bank and in hand | 54/58 | €1,555 | €15,495 | +€13,940 | +896.2% |
| Total equity and liabilities | 10/49 | €40,850 | €79,706 | +€38,856 | +95.1% |
| Equity | 10/15 | €2,755 | €5,363 | +€2,608 | +94.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €755 | €3,363 | +€2,608 | +345.3% |
| Amounts payable | 17/49 | €38,095 | €74,343 | +€36,248 | +95.2% |
| Amounts payable after more than one year | 17 | €7,699 | - | -€7,699 | |
| Financial debts | 170/4 | €7,699 | - | -€7,699 | |
| Amounts payable within one year | 42/48 | €30,396 | €54,459 | +€24,063 | +79.2% |
| Current portion of amounts payable after more than one year | 42 | €8,743 | €7,699 | -€1,044 | -11.9% |
| Trade debts | 44 | €5,272 | €32,002 | +€26,729 | +507.0% |
| Suppliers | 440/4 | €5,272 | €32,002 | +€26,729 | +507.0% |
| Taxes, remuneration and social security | 45 | €215 | €1,903 | +€1,688 | +783.9% |
| Taxes | 450/3 | €215 | €1,903 | +€1,688 | +783.9% |
| Other amounts payable | 47/48 | €16,164 | €12,855 | -€3,309 | -20.5% |
| Accrued charges and deferred income | 492/3 | - | €19,884 | +€19,884 | |
| Goods, raw materials, services and sundry goods | 60/61 | €51,178 | €29,495 | -€21,682 | -42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,200 | €7,516 | +€316 | +4.4% |
| Other operating charges | 640/8 | €149 | €121 | -€27 | -18.4% |
| Gross operating margin | 9900 | €9,964 | €11,154 | +€1,190 | +11.9% |
| Operating profit (loss) | 9901 | €2,615 | €3,516 | +€901 | +34.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,860 | €909 | -€951 | -51.1% |
| Recurring financial charges | 65 | €1,860 | €909 | -€951 | -51.1% |
| Profit (loss) for the period before taxes | 9903 | €755 | €2,608 | +€1,852 | +245.3% |
| Profit (loss) for the period | 9904 | €755 | €2,608 | +€1,852 | +245.3% |
| Profit (loss) for the period to be appropriated | 9905 | €755 | €2,608 | +€1,852 | +245.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.