KVA Consult: 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 Consult
Largest movements
- Cash +€14,537
up €14,537 (+51.0%), from €28,503 to €43,040
mainly Net result for the year (+€9,655) and Tax, wage and social debts (+€5,871)
- Reserves +€8,500
up €8,500 (+155%), from €5,500 to €14,000
- Tax, wage and social debts +€5,871
up €5,871 (+53.4%), from €10,991 to €16,862
of which Taxes: +€5,871
- Trade debts -€1,696
down €1,696 (-75.1%), from €2,259 to €563
- Other debts +€1,672
up €1,672 (+7.2%), from €23,063 to €24,735
- Gross operating margin +€7,384
up €7,384 (+49.2%), from €15,021 to €22,405
- Financial charges +€3,752
up €3,752 (+165%), from €2,269 to €6,021
- Taxes +€2,155
up €2,155 (+68.6%), from €3,142 to €5,297
- Other operating charges -€1,848
down €1,848 (-62.7%), from €2,946 to €1,098
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 | €54,002 | €68,704 | +€14,702 | +27.2% |
| Fixed assets | 21/28 | €1,520 | €1,180 | -€340 | -22.4% |
| Tangible fixed assets | 22/27 | €1,520 | €1,180 | -€340 | -22.4% |
| Plant, machinery and equipment | 23 | €1,520 | €1,180 | -€340 | -22.4% |
| Current assets | 29/58 | €52,482 | €67,524 | +€15,042 | +28.7% |
| Amounts receivable within one year | 40/41 | €9,680 | €10,269 | +€589 | +6.1% |
| Trade receivables | 40 | €9,680 | €10,269 | +€589 | +6.1% |
| Cash at bank and in hand | 54/58 | €28,503 | €43,040 | +€14,537 | +51.0% |
| Deferred charges and accrued income | 490/1 | €14,299 | €14,215 | -€84 | -0.6% |
| Total equity and liabilities | 10/49 | €54,002 | €68,704 | +€14,702 | +27.2% |
| Equity | 10/15 | €17,689 | €26,544 | +€8,855 | +50.1% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €5,500 | €14,000 | +€8,500 | +155% |
| Distributable reserves | 133 | €5,500 | €14,000 | +€8,500 | +155% |
| Profit (loss) carried forward | 14 | €189 | €544 | +€355 | +188% |
| Amounts payable | 17/49 | €36,313 | €42,160 | +€5,847 | +16.1% |
| Amounts payable within one year | 42/48 | €36,313 | €42,160 | +€5,847 | +16.1% |
| Trade debts | 44 | €2,259 | €563 | -€1,696 | -75.1% |
| Suppliers | 440/4 | €2,259 | €563 | -€1,696 | -75.1% |
| Taxes, remuneration and social security | 45 | €10,991 | €16,862 | +€5,871 | +53.4% |
| Taxes | 450/3 | €9,991 | €15,862 | +€5,871 | +58.8% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €23,063 | €24,735 | +€1,672 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180 | €340 | +€160 | +88.9% |
| Other operating charges | 640/8 | €2,946 | €1,098 | -€1,848 | -62.7% |
| Gross operating margin | 9900 | €15,021 | €22,405 | +€7,384 | +49.2% |
| Operating profit (loss) | 9901 | €11,895 | €20,967 | +€9,072 | +76.3% |
| Financial income | 75/76B | €5 | €6 | +€1 | +20.0% |
| Recurring financial income | 75 | €5 | €6 | +€1 | +20.0% |
| Financial charges | 65/66B | €2,269 | €6,021 | +€3,752 | +165% |
| Recurring financial charges | 65 | €2,269 | €6,021 | +€3,752 | +165% |
| Profit (loss) for the period before taxes | 9903 | €9,631 | €14,952 | +€5,321 | +55.2% |
| Income taxes | 67/77 | €3,142 | €5,297 | +€2,155 | +68.6% |
| Profit (loss) for the period | 9904 | €6,489 | €9,655 | +€3,166 | +48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,489 | €9,655 | +€3,166 | +48.8% |
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 18 October 2026 via checked.be.