KVA BAR: 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.
KVA BAR
Largest movements
- Cash -€19,968
down €19,968 (-95.2%), from €20,986 to €1,017
mainly Receivables within one year (-€11,486) and Other debts (-€9,755)
- Receivables within one year +€11,486
up €11,486 (+828.2%), from €1,387 to €12,873
- Other debts -€9,755
no longer reported in 2025 (was €9,755)
- Profit (loss) carried forward +€1,021
up €1,021 (+27.1%), from -€3,762 to -€2,741
- Gross operating margin -€13,925
down €13,925 (-92.6%), from €15,039 to €1,114
- Other operating charges -€2,167
no longer reported in 2025 (was €2,167)
- Financial charges -€1,417
down €1,417 (-93.8%), from €1,510 to €94
- Staff costs +€455
no longer reported in 2025 (was -€455)
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 | €22,414 | €13,890 | -€8,524 | -38.0% |
| Current assets | 29/58 | €22,414 | €13,890 | -€8,524 | -38.0% |
| Amounts receivable within one year | 40/41 | €1,387 | €12,873 | +€11,486 | +828.2% |
| Other amounts receivable | 41 | €1,387 | €12,873 | +€11,486 | +828.2% |
| Cash at bank and in hand | 54/58 | €20,986 | €1,017 | -€19,968 | -95.2% |
| Deferred charges and accrued income | 490/1 | €42 | - | -€42 | |
| Total equity and liabilities | 10/49 | €22,414 | €13,890 | -€8,524 | -38.0% |
| Equity | 10/15 | €2,438 | €3,459 | +€1,021 | +41.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,762 | -€2,741 | +€1,021 | +27.1% |
| Amounts payable | 17/49 | €19,976 | €10,431 | -€9,545 | -47.8% |
| Amounts payable within one year | 42/48 | €19,976 | €10,431 | -€9,545 | -47.8% |
| Financial debts | 43 | - | €57 | +€57 | |
| Credit institutions | 430/8 | - | €57 | +€57 | |
| Trade debts | 44 | €10,221 | €10,374 | +€153 | +1.5% |
| Suppliers | 440/4 | €10,221 | €10,374 | +€153 | +1.5% |
| Other amounts payable | 47/48 | €9,755 | - | -€9,755 | |
| Remuneration, social security and pensions | 62 | -€455 | - | +€455 | |
| Other operating charges | 640/8 | €2,167 | - | -€2,167 | |
| Gross operating margin | 9900 | €15,039 | €1,114 | -€13,925 | -92.6% |
| Operating profit (loss) | 9901 | €13,327 | €1,114 | -€12,212 | -91.6% |
| Financial charges | 65/66B | €1,510 | €94 | -€1,417 | -93.8% |
| Recurring financial charges | 65 | €1,510 | €94 | -€1,417 | -93.8% |
| Profit (loss) for the period before taxes | 9903 | €11,817 | €1,021 | -€10,796 | -91.4% |
| Profit (loss) for the period | 9904 | €11,817 | €1,021 | -€10,796 | -91.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,817 | €1,021 | -€10,796 | -91.4% |
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 10 October 2026 via checked.be.