Kve Value: 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.
Kve Value
Largest movements
- Current investments +€27,000
new in 2025: €27,000
- Cash +€17,450
up €17,450 (+21.3%), from €82,098 to €99,549
mainly Net result for the year (+€46,525) and Tax, wage and social debts (+€10,725)
- Receivables within one year +€14,572
up €14,572 (+565.2%), from €2,578 to €17,150
of which Trade receivables: +€12,412
- Profit (loss) carried forward +€44,859
up €44,859 (+89.4%), from €50,167 to €95,025
- Tax, wage and social debts +€10,725
up €10,725 (+40.6%), from €26,430 to €37,155
of which Taxes: +€7,581
- Trade debts +€1,932
up €1,932 (+71.2%), from €2,711 to €4,643
- Staff costs +€23,976
new in 2025: €23,976
- Gross operating margin +€15,542
up €15,542 (+22.2%), from €70,110 to €85,652
- Financial income +€1,040
up €1,040 (+2362.9%), from €44 to €1,084
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 | €85,558 | €143,808 | +€58,251 | +68.1% |
| Current assets | 29/58 | €85,558 | €143,808 | +€58,251 | +68.1% |
| Amounts receivable within one year | 40/41 | €2,578 | €17,150 | +€14,572 | +565.2% |
| Trade receivables | 40 | €1,319 | €13,731 | +€12,412 | +941.3% |
| Other amounts receivable | 41 | €1,260 | €3,419 | +€2,159 | +171.5% |
| Current investments | 50/53 | - | €27,000 | +€27,000 | |
| Cash at bank and in hand | 54/58 | €82,098 | €99,549 | +€17,450 | +21.3% |
| Deferred charges and accrued income | 490/1 | €881 | €110 | -€771 | -87.5% |
| Total equity and liabilities | 10/49 | €85,558 | €143,808 | +€58,251 | +68.1% |
| Equity | 10/15 | €55,167 | €100,025 | +€44,859 | +81.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,167 | €95,025 | +€44,859 | +89.4% |
| Amounts payable | 17/49 | €30,391 | €43,783 | +€13,392 | +44.1% |
| Amounts payable within one year | 42/48 | €30,343 | €43,463 | +€13,120 | +43.2% |
| Trade debts | 44 | €2,711 | €4,643 | +€1,932 | +71.2% |
| Suppliers | 440/4 | €2,711 | €4,643 | +€1,932 | +71.2% |
| Taxes, remuneration and social security | 45 | €26,430 | €37,155 | +€10,725 | +40.6% |
| Taxes | 450/3 | €26,430 | €34,011 | +€7,581 | +28.7% |
| Remuneration and social security | 454/9 | - | €3,144 | +€3,144 | |
| Other amounts payable | 47/48 | €1,203 | €1,666 | +€463 | +38.5% |
| Accrued charges and deferred income | 492/3 | €48 | €320 | +€272 | +566.2% |
| Remuneration, social security and pensions | 62 | - | €23,976 | +€23,976 | |
| Other operating charges | 640/8 | €71 | €218 | +€146 | +205.5% |
| Gross operating margin | 9900 | €70,110 | €85,652 | +€15,542 | +22.2% |
| Operating profit (loss) | 9901 | €70,039 | €61,458 | -€8,581 | -12.3% |
| Financial income | 75/76B | €44 | €1,084 | +€1,040 | +2362.9% |
| Recurring financial income | 75 | €44 | €1,084 | +€1,040 | +2362.9% |
| Financial charges | 65/66B | €1,835 | €2,108 | +€272 | +14.8% |
| Recurring financial charges | 65 | €1,835 | €2,108 | +€272 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €68,247 | €60,434 | -€7,813 | -11.4% |
| Income taxes | 67/77 | €14,697 | €13,910 | -€787 | -5.4% |
| Profit (loss) for the period | 9904 | €53,551 | €46,525 | -€7,026 | -13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €53,551 | €46,525 | -€7,026 | -13.1% |
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 12 October 2026 via checked.be.