KVB Consulting: 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.
KVB Consulting
Largest movements
- Current investments -€20,091
down €20,091 (-100.0%), from €20,091 to €0
- Receivables within one year -€5,808
down €5,808 (-100.0%), from €5,808 to €0
of which Trade receivables: -€5,808
- Deferred charges and accrued income +€3,323
up €3,323 (+1368.5%), from €243 to €3,566
- Tangible fixed assets -€2,027
down €2,027 (-34.8%), from €5,820 to €3,793
- Cash -€1,296
down €1,296 (-5.6%), from €23,245 to €21,949
mainly Contributions, distributions and other (-€63,000) and Tax, wage and social debts (-€10,471)
- Reserves -€36,551
down €36,551 (-100.0%), from €36,551 to €0
- Other debts +€21,075
up €21,075 (+14927.8%), from €141 to €21,216
- Tax, wage and social debts -€10,471
down €10,471 (-64.2%), from €16,298 to €5,827
of which Taxes: -€10,471
- Gross operating margin +€2,548
up €2,548 (+7.2%), from €35,199 to €37,747
- Depreciation +€1,766
up €1,766 (+678.7%), from €260 to €2,027
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 | €55,207 | €29,308 | -€25,899 | -46.9% |
| Fixed assets | 21/28 | €5,820 | €3,793 | -€2,027 | -34.8% |
| Tangible fixed assets | 22/27 | €5,820 | €3,793 | -€2,027 | -34.8% |
| Furniture and vehicles | 24 | €5,820 | €3,793 | -€2,027 | -34.8% |
| Current assets | 29/58 | €49,387 | €25,515 | -€23,873 | -48.3% |
| Amounts receivable within one year | 40/41 | €5,808 | €0 | -€5,808 | -100.0% |
| Trade receivables | 40 | €5,808 | €0 | -€5,808 | -100.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €20,091 | €0 | -€20,091 | -100.0% |
| Cash at bank and in hand | 54/58 | €23,245 | €21,949 | -€1,296 | -5.6% |
| Deferred charges and accrued income | 490/1 | €243 | €3,566 | +€3,323 | +1368.5% |
| Total equity and liabilities | 10/49 | €55,207 | €29,308 | -€25,899 | -46.9% |
| Equity | 10/15 | €38,551 | €2,000 | -€36,551 | -94.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €36,551 | €0 | -€36,551 | -100.0% |
| Distributable reserves | 133 | €36,551 | €0 | -€36,551 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €16,656 | €27,308 | +€10,652 | +63.9% |
| Amounts payable within one year | 42/48 | €16,656 | €27,308 | +€10,652 | +63.9% |
| Trade debts | 44 | €217 | €265 | +€47 | +21.7% |
| Suppliers | 440/4 | €217 | €265 | +€47 | +21.7% |
| Taxes, remuneration and social security | 45 | €16,298 | €5,827 | -€10,471 | -64.2% |
| Taxes | 450/3 | €16,298 | €5,827 | -€10,471 | -64.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €141 | €21,216 | +€21,075 | +14927.8% |
| Non-recurring operating income | 76A | - | €82 | +€82 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €260 | €2,027 | +€1,766 | +678.7% |
| Other operating charges | 640/8 | €1,301 | €1,192 | -€109 | -8.4% |
| Gross operating margin | 9900 | €35,199 | €37,747 | +€2,548 | +7.2% |
| Operating profit (loss) | 9901 | €33,638 | €34,528 | +€891 | +2.6% |
| Financial income | 75/76B | €165 | €217 | +€52 | +31.5% |
| Recurring financial income | 75 | €165 | €217 | +€52 | +31.5% |
| Financial charges | 65/66B | €908 | €726 | -€181 | -20.0% |
| Recurring financial charges | 65 | €908 | €726 | -€181 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €32,895 | €34,019 | +€1,124 | +3.4% |
| Income taxes | 67/77 | €7,371 | €7,570 | +€200 | +2.7% |
| Profit (loss) for the period | 9904 | €25,524 | €26,449 | +€924 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,524 | €26,449 | +€924 | +3.6% |
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.