KoVerBit 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.
KoVerBit Consulting
Largest movements
- Tangible fixed assets +€176,034
up €176,034 (+117%), from €150,772 to €326,806
of which Land and buildings: +€192,600
- Current investments -€67,722
no longer reported in 2025 (was €67,722)
- Cash +€36,749
up €36,749 (+104%), from €35,264 to €72,013
mainly Debts after one year (+€124,406) and Current investments (+€67,722)
- Receivables within one year -€33,904
down €33,904 (-55.2%), from €61,421 to €27,517
of which Trade receivables: -€17,394
- Debts after one year +€124,406
up €124,406 (+238%), from €52,318 to €176,724
- Reserves -€27,865
down €27,865 (-12.0%), from €233,000 to €205,135
- Current portion of long-term debt +€9,491
up €9,491 (+51.3%), from €18,499 to €27,990
- Other debts +€6,060
up €6,060 (+332%), from €1,825 to €7,885
- Other operating charges -€23,445
down €23,445 (-94.8%), from €24,719 to €1,274
- Depreciation +€13,767
up €13,767 (+71.9%), from €19,158 to €32,925
- Gross operating margin -€11,499
down €11,499 (-13.2%), from €87,375 to €75,876
- Taxes -€4,754
down €4,754 (-29.4%), from €16,143 to €11,389
- Financial charges +€1,281
up €1,281 (+37.3%), from €3,431 to €4,712
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 | €318,265 | €429,077 | +€110,812 | +34.8% |
| Fixed assets | 21/28 | €150,772 | €326,806 | +€176,034 | +117% |
| Tangible fixed assets | 22/27 | €150,772 | €326,806 | +€176,034 | +117% |
| Land and buildings | 22 | €113,548 | €306,148 | +€192,600 | +170% |
| Plant, machinery and equipment | 23 | €5,648 | €975 | -€4,673 | -82.7% |
| Furniture and vehicles | 24 | €21,583 | €12,268 | -€9,315 | -43.2% |
| Other tangible fixed assets | 26 | €9,993 | €7,415 | -€2,578 | -25.8% |
| Current assets | 29/58 | €167,493 | €102,271 | -€65,222 | -38.9% |
| Amounts receivable within one year | 40/41 | €61,421 | €27,517 | -€33,904 | -55.2% |
| Trade receivables | 40 | €36,300 | €18,906 | -€17,394 | -47.9% |
| Other amounts receivable | 41 | €25,121 | €8,611 | -€16,510 | -65.7% |
| Current investments | 50/53 | €67,722 | - | -€67,722 | |
| Cash at bank and in hand | 54/58 | €35,264 | €72,013 | +€36,749 | +104% |
| Deferred charges and accrued income | 490/1 | €3,086 | €2,741 | -€345 | -11.2% |
| Total equity and liabilities | 10/49 | €318,265 | €429,077 | +€110,812 | +34.8% |
| Equity | 10/15 | €234,810 | €205,735 | -€29,075 | -12.4% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €233,000 | €205,135 | -€27,865 | -12.0% |
| Distributable reserves | 133 | €233,000 | €205,135 | -€27,865 | -12.0% |
| Profit (loss) carried forward | 14 | €1,210 | €0 | -€1,210 | -100% |
| Amounts payable | 17/49 | €83,455 | €223,343 | +€139,888 | +168% |
| Amounts payable after more than one year | 17 | €52,318 | €176,724 | +€124,406 | +238% |
| Financial debts | 170/4 | €52,318 | €176,724 | +€124,406 | +238% |
| Amounts payable within one year | 42/48 | €30,848 | €46,619 | +€15,771 | +51.1% |
| Current portion of amounts payable after more than one year | 42 | €18,499 | €27,990 | +€9,491 | +51.3% |
| Trade debts | 44 | €573 | €1,501 | +€928 | +162% |
| Suppliers | 440/4 | €573 | €1,501 | +€928 | +162% |
| Taxes, remuneration and social security | 45 | €9,951 | €9,243 | -€708 | -7.1% |
| Taxes | 450/3 | €9,951 | €9,243 | -€708 | -7.1% |
| Other amounts payable | 47/48 | €1,825 | €7,885 | +€6,060 | +332% |
| Accrued charges and deferred income | 492/3 | €289 | €0 | -€289 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,158 | €32,925 | +€13,767 | +71.9% |
| Other operating charges | 640/8 | €24,719 | €1,274 | -€23,445 | -94.8% |
| Gross operating margin | 9900 | €87,375 | €75,876 | -€11,499 | -13.2% |
| Operating profit (loss) | 9901 | €43,498 | €41,676 | -€1,822 | -4.2% |
| Financial income | 75/76B | €1,338 | €349 | -€989 | -73.9% |
| Recurring financial income | 75 | €1,338 | €349 | -€989 | -73.9% |
| Financial charges | 65/66B | €3,431 | €4,712 | +€1,281 | +37.3% |
| Recurring financial charges | 65 | €3,431 | €4,712 | +€1,281 | +37.3% |
| Profit (loss) for the period before taxes | 9903 | €41,405 | €37,313 | -€4,092 | -9.9% |
| Income taxes | 67/77 | €16,143 | €11,389 | -€4,754 | -29.4% |
| Profit (loss) for the period | 9904 | €25,262 | €25,924 | +€662 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,262 | €25,924 | +€662 | +2.6% |
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 22 October 2026 via checked.be.