KV-SOLUTIONS: what changed
Two fiscal 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-SOLUTIONS
Largest movements
- Cash +€19,445
up €19,445 (+12.4%), from €157,187 to €176,632
mainly Receivables within one year (+€17,366) and Net result for the year (+€14,177)
- Receivables within one year -€17,366
down €17,366 (-56.4%), from €30,777 to €13,411
of which Trade receivables: -€16,192
- Tangible fixed assets +€7,243
up €7,243 (+100.6%), from €7,203 to €14,445
of which Plant, machinery and equipment: +€7,556
- Stocks and contracts -€5,144
down €5,144 (-80.5%), from €6,394 to €1,250
- Reserves +€12,271
up €12,271 (+13.8%), from €89,003 to €101,274
- Other debts -€12,027
down €12,027 (-68.9%), from €17,448 to €5,421
- Trade debts +€2,385
up €2,385 (+93.7%), from €2,547 to €4,932
- Gross operating margin -€6,069
down €6,069 (-17.5%), from €34,651 to €28,582
- Depreciation -€2,946
down €2,946 (-30.0%), from €9,835 to €6,889
- Taxes -€1,259
down €1,259 (-18.8%), from €6,693 to €5,434
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 | €222,416 | €225,032 | +€2,616 | +1.2% |
| Fixed assets | 21/28 | €12,820 | €18,375 | +€5,555 | +43.3% |
| Intangible fixed assets | 21 | €5,618 | €3,929 | -€1,688 | -30.1% |
| Tangible fixed assets | 22/27 | €7,203 | €14,445 | +€7,243 | +100.6% |
| Plant, machinery and equipment | 23 | €5,929 | €13,485 | +€7,556 | +127.4% |
| Furniture and vehicles | 24 | €1,273 | €960 | -€313 | -24.6% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €209,596 | €206,657 | -€2,939 | -1.4% |
| Stocks and contracts in progress | 3 | €6,394 | €1,250 | -€5,144 | -80.5% |
| Stocks | 30/36 | €6,394 | €1,250 | -€5,144 | -80.5% |
| Amounts receivable within one year | 40/41 | €30,777 | €13,411 | -€17,366 | -56.4% |
| Trade receivables | 40 | €29,602 | €13,411 | -€16,192 | -54.7% |
| Other amounts receivable | 41 | €1,174 | €0 | -€1,174 | -100.0% |
| Cash at bank and in hand | 54/58 | €157,187 | €176,632 | +€19,445 | +12.4% |
| Deferred charges and accrued income | 490/1 | €15,238 | €15,364 | +€127 | +0.8% |
| Total equity and liabilities | 10/49 | €222,416 | €225,032 | +€2,616 | +1.2% |
| Equity | 10/15 | €197,183 | €208,621 | +€11,438 | +5.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €89,003 | €101,274 | +€12,271 | +13.8% |
| Distributable reserves | 133 | €89,003 | €101,274 | +€12,271 | +13.8% |
| Profit (loss) carried forward | 14 | €8,179 | €7,346 | -€833 | -10.2% |
| Amounts payable | 17/49 | €25,233 | €16,411 | -€8,822 | -35.0% |
| Amounts payable within one year | 42/48 | €24,589 | €15,846 | -€8,743 | -35.6% |
| Trade debts | 44 | €2,547 | €4,932 | +€2,385 | +93.7% |
| Suppliers | 440/4 | €2,547 | €4,932 | +€2,385 | +93.7% |
| Taxes, remuneration and social security | 45 | €4,594 | €5,493 | +€899 | +19.6% |
| Taxes | 450/3 | €4,594 | €5,493 | +€899 | +19.6% |
| Other amounts payable | 47/48 | €17,448 | €5,421 | -€12,027 | -68.9% |
| Accrued charges and deferred income | 492/3 | €644 | €565 | -€79 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,835 | €6,889 | -€2,946 | -30.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€109 | €0 | +€109 | |
| Other operating charges | 640/8 | €1,304 | €1,577 | +€273 | +21.0% |
| Gross operating margin | 9900 | €34,651 | €28,582 | -€6,069 | -17.5% |
| Operating profit (loss) | 9901 | €23,621 | €20,115 | -€3,506 | -14.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €557 | €503 | -€54 | -9.7% |
| Recurring financial charges | 65 | €557 | €503 | -€54 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €23,063 | €19,612 | -€3,452 | -15.0% |
| Income taxes | 67/77 | €6,693 | €5,434 | -€1,259 | -18.8% |
| Profit (loss) for the period | 9904 | €16,371 | €14,177 | -€2,193 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,371 | €14,177 | -€2,193 | -13.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.