KV CONSULTANCY: 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.
KV CONSULTANCY
Largest movements
- Cash +€51,576
up €51,576 (+34.4%), from €149,945 to €201,521
mainly Net result for the year (+€43,666) and Receivables within one year (+€7,926)
- Receivables within one year -€7,926
down €7,926 (-50.5%), from €15,698 to €7,772
- Tangible fixed assets -€2,760
down €2,760 (-21.3%), from €12,952 to €10,191
of which Furniture and vehicles: -€6,184
- Reserves +€43,666
up €43,666 (+46.6%), from €93,650 to €137,317
- Tax, wage and social debts -€4,550
down €4,550 (-8.5%), from €53,470 to €48,920
- Gross operating margin -€27,405
down €27,405 (-28.6%), from €95,689 to €68,284
- Taxes -€4,919
down €4,919 (-21.6%), from €22,813 to €17,894
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 | €180,208 | €221,300 | +€41,093 | +22.8% |
| Fixed assets | 21/28 | €12,952 | €10,191 | -€2,760 | -21.3% |
| Tangible fixed assets | 22/27 | €12,952 | €10,191 | -€2,760 | -21.3% |
| Furniture and vehicles | 24 | €12,952 | €6,767 | -€6,184 | -47.7% |
| Other tangible fixed assets | 26 | - | €3,424 | +€3,424 | |
| Current assets | 29/58 | €167,256 | €211,109 | +€43,853 | +26.2% |
| Amounts receivable within one year | 40/41 | €15,698 | €7,772 | -€7,926 | -50.5% |
| Trade receivables | 40 | €15,698 | €7,772 | -€7,926 | -50.5% |
| Cash at bank and in hand | 54/58 | €149,945 | €201,521 | +€51,576 | +34.4% |
| Deferred charges and accrued income | 490/1 | €1,612 | €1,815 | +€203 | +12.6% |
| Total equity and liabilities | 10/49 | €180,208 | €221,300 | +€41,093 | +22.8% |
| Equity | 10/15 | €126,351 | €170,017 | +€43,666 | +34.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €93,650 | €137,317 | +€43,666 | +46.6% |
| Distributable reserves | 133 | €93,650 | €137,317 | +€43,666 | +46.6% |
| Profit (loss) carried forward | 14 | €31,700 | €31,700 | = | 0.0% |
| Amounts payable | 17/49 | €53,857 | €51,283 | -€2,574 | -4.8% |
| Amounts payable within one year | 42/48 | €53,857 | €51,283 | -€2,574 | -4.8% |
| Trade debts | 44 | €262 | €447 | +€185 | +70.5% |
| Suppliers | 440/4 | €262 | €447 | +€185 | +70.5% |
| Taxes, remuneration and social security | 45 | €53,470 | €48,920 | -€4,550 | -8.5% |
| Taxes | 450/3 | €53,470 | €48,920 | -€4,550 | -8.5% |
| Other amounts payable | 47/48 | €125 | €1,916 | +€1,792 | +1436.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,740 | €6,340 | +€600 | +10.4% |
| Other operating charges | 640/8 | €344 | €370 | +€26 | +7.6% |
| Gross operating margin | 9900 | €95,689 | €68,284 | -€27,405 | -28.6% |
| Operating profit (loss) | 9901 | €89,605 | €61,574 | -€28,031 | -31.3% |
| Financial income | 75/76B | €0 | €132 | +€132 | +1317500.0% |
| Recurring financial income | 75 | €0 | €132 | +€132 | +1317500.0% |
| Financial charges | 65/66B | €92 | €145 | +€54 | +58.5% |
| Recurring financial charges | 65 | €92 | €145 | +€54 | +58.5% |
| Profit (loss) for the period before taxes | 9903 | €89,513 | €61,561 | -€27,952 | -31.2% |
| Income taxes | 67/77 | €22,813 | €17,894 | -€4,919 | -21.6% |
| Profit (loss) for the period | 9904 | €66,700 | €43,666 | -€23,034 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €66,700 | €43,666 | -€23,034 | -34.5% |
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 9 October 2026 via checked.be.