KVBPro: 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.
KVBPro
Largest movements
- Cash +€174,700
up €174,700 (+374.4%), from €46,665 to €221,366
mainly Net result for the year (+€107,418) and Deferred charges and accrued income (+€70,639)
- Deferred charges and accrued income -€70,639
down €70,639 (-89.3%), from €79,068 to €8,430
- Receivables within one year +€10,165
up €10,165 (+42.7%), from €23,813 to €33,977
of which Trade receivables: +€5,407
- Reserves +€106,667
up €106,667 (+93.8%), from €113,700 to €220,367
- Other debts +€3,800
up €3,800 (+272.2%), from €1,396 to €5,197
- Trade debts +€3,468
up €3,468 (+70.1%), from €4,947 to €8,415
- Gross operating margin -€10,401
down €10,401 (-6.6%), from €157,126 to €146,725
- Taxes -€5,668
down €5,668 (-14.0%), from €40,411 to €34,743
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 | €155,238 | €268,452 | +€113,214 | +72.9% |
| Fixed assets | 21/28 | €5,691 | €4,679 | -€1,013 | -17.8% |
| Tangible fixed assets | 22/27 | €5,691 | €4,679 | -€1,013 | -17.8% |
| Plant, machinery and equipment | 23 | €4,239 | €3,728 | -€511 | -12.1% |
| Furniture and vehicles | 24 | €1,452 | €951 | -€501 | -34.5% |
| Current assets | 29/58 | €149,547 | €263,773 | +€114,226 | +76.4% |
| Amounts receivable within one year | 40/41 | €23,813 | €33,977 | +€10,165 | +42.7% |
| Trade receivables | 40 | €23,813 | €29,220 | +€5,407 | +22.7% |
| Other amounts receivable | 41 | - | €4,757 | +€4,757 | |
| Cash at bank and in hand | 54/58 | €46,665 | €221,366 | +€174,700 | +374.4% |
| Deferred charges and accrued income | 490/1 | €79,068 | €8,430 | -€70,639 | -89.3% |
| Total equity and liabilities | 10/49 | €155,238 | €268,452 | +€113,214 | +72.9% |
| Equity | 10/15 | €114,798 | €221,383 | +€106,585 | +92.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €113,700 | €220,367 | +€106,667 | +93.8% |
| Distributable reserves | 133 | €113,700 | €220,367 | +€106,667 | +93.8% |
| Profit (loss) carried forward | 14 | €98 | €16 | -€82 | -83.6% |
| Amounts payable | 17/49 | €40,440 | €47,069 | +€6,629 | +16.4% |
| Amounts payable within one year | 42/48 | €40,440 | €47,069 | +€6,629 | +16.4% |
| Trade debts | 44 | €4,947 | €8,415 | +€3,468 | +70.1% |
| Suppliers | 440/4 | €4,947 | €8,415 | +€3,468 | +70.1% |
| Taxes, remuneration and social security | 45 | €34,097 | €33,457 | -€640 | -1.9% |
| Taxes | 450/3 | €34,097 | €33,457 | -€640 | -1.9% |
| Other amounts payable | 47/48 | €1,396 | €5,197 | +€3,800 | +272.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €278 | €1,013 | +€735 | +264.9% |
| Other operating charges | 640/8 | €878 | €240 | -€638 | -72.6% |
| Gross operating margin | 9900 | €157,126 | €146,725 | -€10,401 | -6.6% |
| Operating profit (loss) | 9901 | €155,970 | €145,472 | -€10,498 | -6.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,762 | €3,311 | +€1,550 | +88.0% |
| Recurring financial charges | 65 | €1,762 | €3,311 | +€1,550 | +88.0% |
| Profit (loss) for the period before taxes | 9903 | €154,209 | €142,161 | -€12,048 | -7.8% |
| Income taxes | 67/77 | €40,411 | €34,743 | -€5,668 | -14.0% |
| Profit (loss) for the period | 9904 | €113,798 | €107,418 | -€6,380 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €113,798 | €107,418 | -€6,380 | -5.6% |
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 11 October 2026 via checked.be.