KV 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.
KV consulting
Largest movements
- Current investments -€1.3m
down €1.3m (-78.9%), from €1.7m to €360,303
- Cash +€29,503
up €29,503 (+13.6%), from €216,697 to €246,199
mainly Current investments (+€1.3m) and Net result for the year (+€42,909)
- Other debts -€945,051
no longer reported in 2025 (was €945,051)
- Tax, wage and social debts -€390,116
down €390,116 (-96.2%), from €405,425 to €15,309
- Gross operating margin -€1.2m
down €1.2m (-93.6%), from €1.3m to €85,643
- Taxes -€289,297
down €289,297 (-89.6%), from €322,861 to €33,564
- Financial income -€92,331
down €92,331 (-84.8%), from €108,892 to €16,561
- Write-downs +€15,489
new in 2025: €15,489
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 | €1,995,923 | €653,691 | -€1.3m | -67.2% |
| Fixed assets | 21/28 | €33,881 | €28,032 | -€5,849 | -17.3% |
| Tangible fixed assets | 22/27 | €33,881 | €28,032 | -€5,849 | -17.3% |
| Land and buildings | 22 | €27,434 | €23,606 | -€3,828 | -14.0% |
| Furniture and vehicles | 24 | €6,447 | €4,426 | -€2,020 | -31.3% |
| Current assets | 29/58 | €1,962,042 | €625,658 | -€1.3m | -68.1% |
| Amounts receivable within one year | 40/41 | €38,649 | €19,156 | -€19,493 | -50.4% |
| Trade receivables | 40 | €16,302 | €16,302 | = | 0.0% |
| Other amounts receivable | 41 | €22,347 | €2,853 | -€19,493 | -87.2% |
| Current investments | 50/53 | €1,706,696 | €360,303 | -€1.3m | -78.9% |
| Cash at bank and in hand | 54/58 | €216,697 | €246,199 | +€29,503 | +13.6% |
| Total equity and liabilities | 10/49 | €1,995,923 | €653,691 | -€1.3m | -67.2% |
| Equity | 10/15 | €644,572 | €637,533 | -€7,039 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €625,972 | €618,933 | -€7,039 | -1.1% |
| Distributable reserves | 133 | €625,972 | €618,933 | -€7,039 | -1.1% |
| Amounts payable | 17/49 | €1,351,350 | €16,157 | -€1.3m | -98.8% |
| Amounts payable within one year | 42/48 | €1,351,350 | €16,157 | -€1.3m | -98.8% |
| Trade debts | 44 | €874 | €848 | -€26 | -3.0% |
| Suppliers | 440/4 | €874 | €848 | -€26 | -3.0% |
| Taxes, remuneration and social security | 45 | €405,425 | €15,309 | -€390,116 | -96.2% |
| Taxes | 450/3 | €405,425 | €15,309 | -€390,116 | -96.2% |
| Other amounts payable | 47/48 | €945,051 | - | -€945,051 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,849 | €5,849 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,489 | +€15,489 | |
| Other operating charges | 640/8 | €62 | €252 | +€190 | +307% |
| Gross operating margin | 9900 | €1,334,685 | €85,643 | -€1.2m | -93.6% |
| Operating profit (loss) | 9901 | €1,328,775 | €64,054 | -€1.3m | -95.2% |
| Financial income | 75/76B | €108,892 | €16,561 | -€92,331 | -84.8% |
| Recurring financial income | 75 | €108,892 | €16,561 | -€92,331 | -84.8% |
| Financial charges | 65/66B | €2,981 | €4,142 | +€1,161 | +38.9% |
| Recurring financial charges | 65 | €2,981 | €4,142 | +€1,161 | +38.9% |
| Profit (loss) for the period before taxes | 9903 | €1,434,686 | €76,473 | -€1.4m | -94.7% |
| Income taxes | 67/77 | €322,861 | €33,564 | -€289,297 | -89.6% |
| Profit (loss) for the period | 9904 | €1,111,824 | €42,909 | -€1.1m | -96.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,111,824 | €42,909 | -€1.1m | -96.1% |
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 15 October 2026 via checked.be.