KVP architect: 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.
KVP architect
Largest movements
- Receivables within one year +€20,159
up €20,159 (+193%), from €10,464 to €30,623
- Cash -€13,634
down €13,634 (-63.3%), from €21,552 to €7,918
mainly Debts after one year (-€24,414) and Receivables within one year (-€20,159)
- Tangible fixed assets -€5,350
down €5,350 (-60.7%), from €8,815 to €3,465
of which Furniture and vehicles: -€5,238
- Debts after one year -€24,414
down €24,414 (-17.5%), from €139,162 to €114,748
- Reserves +€14,248
up €14,248 (+28.3%), from €50,345 to €64,592
of which Distributable reserves: +€16,108
- Other debts +€7,288
up €7,288 (+11.8%), from €61,751 to €69,039
- Tax, wage and social debts +€3,705
up €3,705 (+36.9%), from €10,040 to €13,745
- Gross operating margin +€6,943
up €6,943 (+25.2%), from €27,562 to €34,505
- Depreciation -€6,101
down €6,101 (-48.7%), from €12,516 to €6,415
- Taxes +€4,450
up €4,450 (+102%), from €4,373 to €8,823
- Financial charges +€985
up €985 (+33.2%), from €2,970 to €3,955
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 | €293,020 | €294,068 | +€1,047 | +0.4% |
| Fixed assets | 21/28 | €259,929 | €254,578 | -€5,350 | -2.1% |
| Tangible fixed assets | 22/27 | €8,815 | €3,465 | -€5,350 | -60.7% |
| Furniture and vehicles | 24 | €8,057 | €2,819 | -€5,238 | -65.0% |
| Other tangible fixed assets | 26 | €758 | €646 | -€112 | -14.8% |
| Financial fixed assets | 28 | €251,113 | €251,113 | = | 0.0% |
| Current assets | 29/58 | €33,092 | €39,489 | +€6,397 | +19.3% |
| Amounts receivable within one year | 40/41 | €10,464 | €30,623 | +€20,159 | +193% |
| Trade receivables | 40 | €10,464 | €30,623 | +€20,159 | +193% |
| Cash at bank and in hand | 54/58 | €21,552 | €7,918 | -€13,634 | -63.3% |
| Deferred charges and accrued income | 490/1 | €1,076 | €948 | -€128 | -11.9% |
| Total equity and liabilities | 10/49 | €293,020 | €294,068 | +€1,047 | +0.4% |
| Equity | 10/15 | €56,545 | €70,792 | +€14,248 | +25.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,550 | - | -€18,550 | |
| Uncalled capital | 101 | €12,350 | - | -€12,350 | |
| Reserves | 13 | €50,345 | €64,592 | +€14,248 | +28.3% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €48,485 | €64,592 | +€16,108 | +33.2% |
| Amounts payable | 17/49 | €236,476 | €223,276 | -€13,200 | -5.6% |
| Amounts payable after more than one year | 17 | €139,162 | €114,748 | -€24,414 | -17.5% |
| Financial debts | 170/4 | €139,162 | €114,748 | -€24,414 | -17.5% |
| Amounts payable within one year | 42/48 | €97,314 | €108,528 | +€11,214 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €23,994 | €24,414 | +€420 | +1.8% |
| Trade debts | 44 | €1,529 | €1,330 | -€199 | -13.0% |
| Suppliers | 440/4 | €1,529 | €1,330 | -€199 | -13.0% |
| Taxes, remuneration and social security | 45 | €10,040 | €13,745 | +€3,705 | +36.9% |
| Taxes | 450/3 | €10,040 | €13,745 | +€3,705 | +36.9% |
| Other amounts payable | 47/48 | €61,751 | €69,039 | +€7,288 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,516 | €6,415 | -€6,101 | -48.7% |
| Other operating charges | 640/8 | €1,532 | €1,260 | -€273 | -17.8% |
| Gross operating margin | 9900 | €27,562 | €34,505 | +€6,943 | +25.2% |
| Operating profit (loss) | 9901 | €13,514 | €26,830 | +€13,317 | +98.5% |
| Financial income | 75/76B | €9 | €195 | +€186 | +2,160% |
| Recurring financial income | 75 | €9 | €195 | +€186 | +2,160% |
| Financial charges | 65/66B | €2,970 | €3,955 | +€985 | +33.2% |
| Recurring financial charges | 65 | €2,970 | €3,955 | +€985 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | €10,552 | €23,070 | +€12,518 | +119% |
| Income taxes | 67/77 | €4,373 | €8,823 | +€4,450 | +102% |
| Profit (loss) for the period | 9904 | €6,179 | €14,248 | +€8,068 | +131% |
| Profit (loss) for the period to be appropriated | 9905 | €6,179 | €14,248 | +€8,068 | +131% |
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 24 October 2026 via checked.be.