KV EQUILIBRIUM: 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 EQUILIBRIUM
Largest movements
- Receivables within one year -€4,726
down €4,726 (-68.6%), from €6,890 to €2,164
- Intangible fixed assets +€2,133
new in 2025: €2,133
- Cash -€1,881
down €1,881 (-21.8%), from €8,607 to €6,727
mainly Net result for the year (-€7,104) and Investment in fixed assets (net) (-€6,974)
- Tangible fixed assets +€1,570
up €1,570 (+16.2%), from €9,679 to €11,250
of which Other tangible fixed assets: +€4,079
- Deferred charges and accrued income +€1,510
up €1,510 (+447.5%), from €337 to €1,848
- Profit (loss) carried forward -€7,104
down €7,104 (-47.4%), from €14,991 to €7,887
- Trade debts +€3,082
up €3,082 (+417.6%), from €738 to €3,821
- Tax, wage and social debts +€2,132
up €2,132 (+41.9%), from €5,085 to €7,217
- Other debts +€496
new in 2025: €496
- Gross operating margin -€24,098
down €24,098, from €22,354 to -€1,744
- Taxes -€4,953
down €4,953 (-97.4%), from €5,085 to €132
- Depreciation +€1,829
up €1,829 (+126.8%), from €1,442 to €3,271
- Financial charges +€1,353
up €1,353 (+12017.4%), from €11 to €1,364
- Other operating charges -€238
down €238 (-28.7%), from €830 to €592
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 | €25,814 | €24,421 | -€1,394 | -5.4% |
| Fixed assets | 21/28 | €9,979 | €13,683 | +€3,703 | +37.1% |
| Intangible fixed assets | 21 | - | €2,133 | +€2,133 | |
| Tangible fixed assets | 22/27 | €9,679 | €11,250 | +€1,570 | +16.2% |
| Plant, machinery and equipment | 23 | €1,791 | €877 | -€914 | -51.0% |
| Furniture and vehicles | 24 | €7,888 | €6,294 | -€1,594 | -20.2% |
| Other tangible fixed assets | 26 | - | €4,079 | +€4,079 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €15,835 | €10,738 | -€5,097 | -32.2% |
| Amounts receivable within one year | 40/41 | €6,890 | €2,164 | -€4,726 | -68.6% |
| Trade receivables | 40 | €6,890 | €2,164 | -€4,726 | -68.6% |
| Cash at bank and in hand | 54/58 | €8,607 | €6,727 | -€1,881 | -21.8% |
| Deferred charges and accrued income | 490/1 | €337 | €1,848 | +€1,510 | +447.5% |
| Total equity and liabilities | 10/49 | €25,814 | €24,421 | -€1,394 | -5.4% |
| Equity | 10/15 | €19,991 | €12,887 | -€7,104 | -35.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,991 | €7,887 | -€7,104 | -47.4% |
| Amounts payable | 17/49 | €5,823 | €11,533 | +€5,710 | +98.1% |
| Amounts payable within one year | 42/48 | €5,823 | €11,533 | +€5,710 | +98.1% |
| Trade debts | 44 | €738 | €3,821 | +€3,082 | +417.6% |
| Suppliers | 440/4 | €738 | €3,821 | +€3,082 | +417.6% |
| Taxes, remuneration and social security | 45 | €5,085 | €7,217 | +€2,132 | +41.9% |
| Taxes | 450/3 | €5,085 | €7,217 | +€2,132 | +41.9% |
| Other amounts payable | 47/48 | - | €496 | +€496 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,442 | €3,271 | +€1,829 | +126.8% |
| Other operating charges | 640/8 | €830 | €592 | -€238 | -28.7% |
| Gross operating margin | 9900 | €22,354 | -€1,744 | -€24,098 | |
| Operating profit (loss) | 9901 | €20,081 | -€5,608 | -€25,689 | |
| Financial income | 75/76B | €6 | €0 | -€6 | -98.7% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -98.7% |
| Financial charges | 65/66B | €11 | €1,364 | +€1,353 | +12017.4% |
| Recurring financial charges | 65 | €11 | €1,364 | +€1,353 | +12017.4% |
| Profit (loss) for the period before taxes | 9903 | €20,076 | -€6,972 | -€27,048 | |
| Income taxes | 67/77 | €5,085 | €132 | -€4,953 | -97.4% |
| Profit (loss) for the period | 9904 | €14,991 | -€7,104 | -€22,095 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,991 | -€7,104 | -€22,095 |
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 12 October 2026 via checked.be.