KVD Solutions: 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.
KVD Solutions
Largest movements
- Cash +€19,346
up €19,346 (+12.0%), from €161,652 to €180,998
mainly Net result for the year (+€44,366) and Depreciation (+€19,858)
- Receivables within one year +€14,881
up €14,881 (+48.9%), from €30,453 to €45,334
of which Trade receivables: +€13,360
- Tangible fixed assets +€12,182
up €12,182 (+38.5%), from €31,604 to €43,786
of which Furniture and vehicles: +€11,481
- Reserves +€44,300
up €44,300 (+22.2%), from €199,860 to €244,160
of which Distributable reserves: +€44,300
- Trade debts +€4,894
up €4,894 (+224%), from €2,184 to €7,079
- Depreciation +€12,464
up €12,464 (+169%), from €7,395 to €19,858
- Taxes -€3,016
down €3,016 (-13.9%), from €21,673 to €18,657
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 | €223,709 | €270,118 | +€46,409 | +20.7% |
| Fixed assets | 21/28 | €31,604 | €43,786 | +€12,182 | +38.5% |
| Tangible fixed assets | 22/27 | €31,604 | €43,786 | +€12,182 | +38.5% |
| Furniture and vehicles | 24 | €17,115 | €28,596 | +€11,481 | +67.1% |
| Other tangible fixed assets | 26 | €14,489 | €15,191 | +€702 | +4.8% |
| Current assets | 29/58 | €192,105 | €226,332 | +€34,227 | +17.8% |
| Amounts receivable within one year | 40/41 | €30,453 | €45,334 | +€14,881 | +48.9% |
| Trade receivables | 40 | €30,453 | €43,813 | +€13,360 | +43.9% |
| Other amounts receivable | 41 | - | €1,521 | +€1,521 | |
| Cash at bank and in hand | 54/58 | €161,652 | €180,998 | +€19,346 | +12.0% |
| Total equity and liabilities | 10/49 | €223,709 | €270,118 | +€46,409 | +20.7% |
| Equity | 10/15 | €207,498 | €251,864 | +€44,366 | +21.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €199,860 | €244,160 | +€44,300 | +22.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €198,000 | €242,300 | +€44,300 | +22.4% |
| Profit (loss) carried forward | 14 | €1,438 | €1,504 | +€66 | +4.6% |
| Amounts payable | 17/49 | €16,211 | €18,254 | +€2,043 | +12.6% |
| Amounts payable within one year | 42/48 | €16,211 | €18,254 | +€2,043 | +12.6% |
| Trade debts | 44 | €2,184 | €7,079 | +€4,894 | +224% |
| Suppliers | 440/4 | €2,184 | €7,079 | +€4,894 | +224% |
| Taxes, remuneration and social security | 45 | €12,044 | €10,214 | -€1,830 | -15.2% |
| Taxes | 450/3 | €8,550 | €6,696 | -€1,855 | -21.7% |
| Remuneration and social security | 454/9 | €3,494 | €3,518 | +€24 | +0.7% |
| Other amounts payable | 47/48 | €1,983 | €962 | -€1,021 | -51.5% |
| Non-recurring operating income | 76A | €826 | - | -€826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,395 | €19,858 | +€12,464 | +169% |
| Other operating charges | 640/8 | €2,445 | €2,070 | -€375 | -15.3% |
| Gross operating margin | 9900 | €84,362 | €84,929 | +€567 | +0.7% |
| Operating profit (loss) | 9901 | €74,523 | €63,001 | -€11,521 | -15.5% |
| Financial income | 75/76B | €3 | €617 | +€614 | +19,815% |
| Recurring financial income | 75 | €3 | €617 | +€614 | +19,815% |
| Financial charges | 65/66B | €112 | €595 | +€482 | +430% |
| Recurring financial charges | 65 | €112 | €595 | +€482 | +430% |
| Profit (loss) for the period before taxes | 9903 | €74,413 | €63,024 | -€11,389 | -15.3% |
| Income taxes | 67/77 | €21,673 | €18,657 | -€3,016 | -13.9% |
| Profit (loss) for the period | 9904 | €52,740 | €44,366 | -€8,373 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,740 | €44,366 | -€8,373 | -15.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.