KPDV CONSULT: 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.
KPDV CONSULT
Largest movements
- Cash +€28,407
up €28,407 (+42.5%), from €66,782 to €95,189
mainly Other debts (+€101,906) and Net result for the year (+€53,264)
- Tangible fixed assets -€24,532
down €24,532 (-34.4%), from €71,347 to €46,815
of which Furniture and vehicles: -€22,777
- Receivables within one year +€12,348
up €12,348 (+54.3%), from €22,721 to €35,069
of which Other amounts receivable: +€10,448
- Other debts +€101,906
up €101,906 (+7,325%), from €1,391 to €103,297
- Reserves -€66,216
down €66,216 (-67.6%), from €98,004 to €31,788
- Debts after one year -€17,486
down €17,486 (-61.1%), from €28,623 to €11,136
- Current portion of long-term debt -€7,113
down €7,113 (-28.9%), from €24,599 to €17,486
- Trade debts +€4,162
up €4,162 (+281%), from €1,480 to €5,642
- Gross operating margin +€12,537
up €12,537 (+14.6%), from €85,588 to €98,125
- Staff costs +€3,966
new in 2025: €3,966
- Taxes +€1,756
up €1,756 (+13.7%), from €12,796 to €14,552
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 | €160,850 | €177,074 | +€16,223 | +10.1% |
| Fixed assets | 21/28 | €71,347 | €46,815 | -€24,532 | -34.4% |
| Tangible fixed assets | 22/27 | €71,347 | €46,815 | -€24,532 | -34.4% |
| Plant, machinery and equipment | 23 | €2,944 | €1,188 | -€1,755 | -59.6% |
| Furniture and vehicles | 24 | €68,404 | €45,627 | -€22,777 | -33.3% |
| Current assets | 29/58 | €89,503 | €130,258 | +€40,755 | +45.5% |
| Amounts receivable within one year | 40/41 | €22,721 | €35,069 | +€12,348 | +54.3% |
| Trade receivables | 40 | €18,017 | €19,918 | +€1,900 | +10.5% |
| Other amounts receivable | 41 | €4,704 | €15,152 | +€10,448 | +222% |
| Cash at bank and in hand | 54/58 | €66,782 | €95,189 | +€28,407 | +42.5% |
| Total equity and liabilities | 10/49 | €160,850 | €177,074 | +€16,223 | +10.1% |
| Equity | 10/15 | €100,504 | €34,288 | -€66,216 | -65.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €98,004 | €31,788 | -€66,216 | -67.6% |
| Distributable reserves | 133 | €98,004 | €31,788 | -€66,216 | -67.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €60,347 | €142,786 | +€82,439 | +137% |
| Amounts payable after more than one year | 17 | €28,623 | €11,136 | -€17,486 | -61.1% |
| Financial debts | 170/4 | €28,623 | €11,136 | -€17,486 | -61.1% |
| Amounts payable within one year | 42/48 | €29,541 | €131,649 | +€102,108 | +346% |
| Current portion of amounts payable after more than one year | 42 | €24,599 | €17,486 | -€7,113 | -28.9% |
| Trade debts | 44 | €1,480 | €5,642 | +€4,162 | +281% |
| Suppliers | 440/4 | €1,480 | €5,642 | +€4,162 | +281% |
| Taxes, remuneration and social security | 45 | €2,071 | €5,224 | +€3,153 | +152% |
| Taxes | 450/3 | €2,071 | €5,224 | +€3,153 | +152% |
| Other amounts payable | 47/48 | €1,391 | €103,297 | +€101,906 | +7,325% |
| Accrued charges and deferred income | 492/3 | €2,183 | €0 | -€2,183 | -100% |
| Non-recurring operating income | 76A | - | €115 | +€115 | |
| Remuneration, social security and pensions | 62 | - | €3,966 | +€3,966 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,748 | €24,532 | -€216 | -0.9% |
| Other operating charges | 640/8 | - | €448 | +€448 | |
| Gross operating margin | 9900 | €85,588 | €98,125 | +€12,537 | +14.6% |
| Operating profit (loss) | 9901 | €60,840 | €69,179 | +€8,339 | +13.7% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100% |
| Non-recurring financial income | 76B | €5 | €0 | -€5 | -100% |
| Financial charges | 65/66B | €1,833 | €1,363 | -€470 | -25.6% |
| Recurring financial charges | 65 | €1,832 | €1,363 | -€469 | -25.6% |
| Non-recurring financial charges | 66B | €1 | €0 | -€1 | -100% |
| Profit (loss) for the period before taxes | 9903 | €59,012 | €67,816 | +€8,804 | +14.9% |
| Income taxes | 67/77 | €12,796 | €14,552 | +€1,756 | +13.7% |
| Profit (loss) for the period | 9904 | €46,216 | €53,264 | +€7,048 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,216 | €53,264 | +€7,048 | +15.3% |
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 21 October 2026 via checked.be.