KV-INTERIEUR: 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-INTERIEUR
Largest movements
- Tangible fixed assets -€47,183
down €47,183 (-5.9%), from €795,580 to €748,397
of which Land and buildings: -€33,747
- Cash -€31,621
no longer reported in 2025 (was €31,621)
mainly Debts after one year (-€30,999) and Investment in fixed assets (net) (-€24,573)
- Debts after one year -€30,999
down €30,999 (-6.8%), from €453,857 to €422,859
- Profit (loss) carried forward -€17,256
down €17,256 (-34.9%), from €49,500 to €32,244
- Other debts -€14,499
down €14,499 (-5.0%), from €292,362 to €277,863
- Staff costs +€29,572
up €29,572 (+52.4%), from €56,392 to €85,964
- Gross operating margin -€9,770
down €9,770 (-5.8%), from €169,810 to €160,041
- Depreciation +€4,305
up €4,305 (+6.3%), from €68,218 to €72,524
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 | €958,924 | €889,050 | -€69,873 | -7.3% |
| Formation expenses | 20 | €351 | €184 | -€168 | -47.8% |
| Fixed assets | 21/28 | €797,250 | €749,467 | -€47,783 | -6.0% |
| Intangible fixed assets | 21 | €1,670 | €1,070 | -€600 | -35.9% |
| Tangible fixed assets | 22/27 | €795,580 | €748,397 | -€47,183 | -5.9% |
| Land and buildings | 22 | €686,835 | €653,087 | -€33,747 | -4.9% |
| Plant, machinery and equipment | 23 | €65,602 | €72,942 | +€7,341 | +11.2% |
| Furniture and vehicles | 24 | €43,143 | €22,367 | -€20,776 | -48.2% |
| Current assets | 29/58 | €161,323 | €139,400 | -€21,923 | -13.6% |
| Stocks and contracts in progress | 3 | €16,935 | €18,634 | +€1,699 | +10.0% |
| Stocks | 30/36 | €16,935 | €18,634 | +€1,699 | +10.0% |
| Amounts receivable within one year | 40/41 | €110,590 | €118,096 | +€7,506 | +6.8% |
| Trade receivables | 40 | €110,590 | €118,096 | +€7,506 | +6.8% |
| Cash at bank and in hand | 54/58 | €31,621 | - | -€31,621 | |
| Deferred charges and accrued income | 490/1 | €2,177 | €2,670 | +€493 | +22.6% |
| Total equity and liabilities | 10/49 | €958,924 | €889,050 | -€69,873 | -7.3% |
| Equity | 10/15 | €118,196 | €100,940 | -€17,256 | -14.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €48,236 | €48,236 | = | 0.0% |
| Distributable reserves | 133 | €48,236 | €48,236 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,500 | €32,244 | -€17,256 | -34.9% |
| Amounts payable | 17/49 | €840,727 | €788,110 | -€52,617 | -6.3% |
| Amounts payable after more than one year | 17 | €453,857 | €422,859 | -€30,999 | -6.8% |
| Trade debts | 175 | €453,857 | €422,859 | -€30,999 | -6.8% |
| Amounts payable within one year | 42/48 | €386,870 | €365,252 | -€21,618 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €52,333 | €50,039 | -€2,294 | -4.4% |
| Financial debts | 43 | - | €702 | +€702 | |
| Credit institutions | 430/8 | - | €702 | +€702 | |
| Trade debts | 44 | €36,151 | €27,366 | -€8,785 | -24.3% |
| Suppliers | 440/4 | €36,151 | €27,366 | -€8,785 | -24.3% |
| Taxes, remuneration and social security | 45 | €6,024 | €9,282 | +€3,258 | +54.1% |
| Taxes | 450/3 | €3,684 | €7,435 | +€3,751 | +102% |
| Remuneration and social security | 454/9 | €2,340 | €1,847 | -€493 | -21.1% |
| Other amounts payable | 47/48 | €292,362 | €277,863 | -€14,499 | -5.0% |
| Remuneration, social security and pensions | 62 | €56,392 | €85,964 | +€29,572 | +52.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,218 | €72,524 | +€4,305 | +6.3% |
| Other operating charges | 640/8 | €6,483 | €6,966 | +€484 | +7.5% |
| Gross operating margin | 9900 | €169,810 | €160,041 | -€9,770 | -5.8% |
| Operating profit (loss) | 9901 | €38,717 | -€5,413 | -€44,131 | |
| Financial income | 75/76B | - | €298 | +€298 | |
| Recurring financial income | 75 | - | €298 | +€298 | |
| Financial charges | 65/66B | €11,283 | €11,931 | +€648 | +5.7% |
| Recurring financial charges | 65 | €11,283 | €11,931 | +€648 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €27,434 | -€17,047 | -€44,481 | |
| Income taxes | 67/77 | €823 | €209 | -€613 | -74.5% |
| Profit (loss) for the period | 9904 | €26,612 | -€17,256 | -€43,868 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,612 | -€17,256 | -€43,868 |
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 17 October 2026 via checked.be.