KVDS 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.
KVDS CONSULT
Largest movements
- Cash -€2,705
down €2,705 (-20.9%), from €12,936 to €10,231
mainly Debts after one year (-€2,752) and Receivables within one year (-€2,106)
- Receivables within one year +€2,106
up €2,106 (+33.6%), from €6,272 to €8,378
of which Trade receivables: +€1,228
- Trade debts +€4,805
up €4,805 (+4532.4%), from €106 to €4,911
- Debts after one year -€2,752
down €2,752 (-100.0%), from €2,752 to €0
- Tax, wage and social debts -€2,023
down €2,023 (-84.0%), from €2,409 to €386
- Gross operating margin -€7,384
down €7,384 (-53.8%), from €13,724 to €6,340
- Taxes -€880
down €880 (-18.5%), from €4,766 to €3,886
- Financial charges -€553
down €553 (-19.7%), from €2,804 to €2,251
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,910 | €111,311 | -€600 | -0.5% |
| Fixed assets | 21/28 | €92,702 | €92,702 | = | 0.0% |
| Financial fixed assets | 28 | €92,702 | €92,702 | = | 0.0% |
| Current assets | 29/58 | €19,209 | €18,609 | -€600 | -3.1% |
| Amounts receivable within one year | 40/41 | €6,272 | €8,378 | +€2,106 | +33.6% |
| Trade receivables | 40 | €6,272 | €7,500 | +€1,228 | +19.6% |
| Other amounts receivable | 41 | €0 | €878 | +€878 | |
| Cash at bank and in hand | 54/58 | €12,936 | €10,231 | -€2,705 | -20.9% |
| Total equity and liabilities | 10/49 | €111,910 | €111,311 | -€600 | -0.5% |
| Equity | 10/15 | €105,291 | €104,786 | -€505 | -0.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Revaluation surpluses | 12 | €69,838 | €69,838 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,453 | €4,948 | -€505 | -9.3% |
| Amounts payable | 17/49 | €6,619 | €6,525 | -€95 | -1.4% |
| Amounts payable after more than one year | 17 | €2,752 | €0 | -€2,752 | -100.0% |
| Other amounts payable | 178/9 | €2,752 | €0 | -€2,752 | -100.0% |
| Amounts payable within one year | 42/48 | €3,867 | €6,473 | +€2,606 | +67.4% |
| Current portion of amounts payable after more than one year | 42 | €1,352 | €1,176 | -€175 | -13.0% |
| Trade debts | 44 | €106 | €4,911 | +€4,805 | +4532.4% |
| Suppliers | 440/4 | €106 | €4,911 | +€4,805 | +4532.4% |
| Taxes, remuneration and social security | 45 | €2,409 | €386 | -€2,023 | -84.0% |
| Taxes | 450/3 | €2,409 | €386 | -€2,023 | -84.0% |
| Accrued charges and deferred income | 492/3 | - | €51 | +€51 | |
| Non-recurring operating income | 76A | - | €1,349 | +€1,349 | |
| Other operating charges | 640/8 | €742 | €726 | -€17 | -2.2% |
| Gross operating margin | 9900 | €13,724 | €6,340 | -€7,384 | -53.8% |
| Operating profit (loss) | 9901 | €12,982 | €5,614 | -€7,368 | -56.8% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €2,804 | €2,251 | -€553 | -19.7% |
| Recurring financial charges | 65 | €2,804 | €2,251 | -€553 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €10,178 | €3,381 | -€6,797 | -66.8% |
| Income taxes | 67/77 | €4,766 | €3,886 | -€880 | -18.5% |
| Profit (loss) for the period | 9904 | €5,412 | -€505 | -€5,917 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,412 | -€505 | -€5,917 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.