KVR CONSULTING: 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.
KVR CONSULTING
Largest movements
- Current investments +€54,220
up €54,220 (+12.7%), from €427,195 to €481,415
- Cash -€20,736
down €20,736 (-69.0%), from €30,071 to €9,336
mainly Current investments (-€54,220) and Contributions, distributions and other (-€30,000)
- Tangible fixed assets -€13,569
down €13,569 (-5.0%), from €272,839 to €259,269
of which Land and buildings: -€11,565
- Reserves +€37,620
up €37,620 (+6.4%), from €591,914 to €629,534
of which Distributable reserves: +€37,620
- Debts after one year -€18,731
down €18,731 (-23.0%), from €81,322 to €62,591
- Gross operating margin -€26,296
down €26,296 (-19.0%), from €138,249 to €111,953
- Taxes -€8,512
down €8,512 (-22.0%), from €38,712 to €30,201
- Financial income +€4,947
up €4,947 (+218%), from €2,266 to €7,214
- Other operating charges +€3,270
up €3,270 (+651%), from €502 to €3,772
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 | €758,300 | €776,730 | +€18,430 | +2.4% |
| Fixed assets | 21/28 | €275,227 | €261,657 | -€13,569 | -4.9% |
| Tangible fixed assets | 22/27 | €272,839 | €259,269 | -€13,569 | -5.0% |
| Land and buildings | 22 | €259,350 | €247,785 | -€11,565 | -4.5% |
| Plant, machinery and equipment | 23 | €11,745 | €10,104 | -€1,641 | -14.0% |
| Furniture and vehicles | 24 | €1,744 | €1,380 | -€363 | -20.8% |
| Financial fixed assets | 28 | €2,388 | €2,388 | = | 0.0% |
| Current assets | 29/58 | €483,073 | €515,073 | +€32,000 | +6.6% |
| Amounts receivable within one year | 40/41 | €24,356 | €22,864 | -€1,491 | -6.1% |
| Trade receivables | 40 | €24,144 | €22,802 | -€1,342 | -5.6% |
| Other amounts receivable | 41 | €211 | €62 | -€149 | -70.6% |
| Current investments | 50/53 | €427,195 | €481,415 | +€54,220 | +12.7% |
| Cash at bank and in hand | 54/58 | €30,071 | €9,336 | -€20,736 | -69.0% |
| Deferred charges and accrued income | 490/1 | €1,451 | €1,458 | +€7 | +0.5% |
| Total equity and liabilities | 10/49 | €758,300 | €776,730 | +€18,430 | +2.4% |
| Equity | 10/15 | €604,317 | €641,939 | +€37,622 | +6.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €591,914 | €629,534 | +€37,620 | +6.4% |
| 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 | €590,054 | €627,674 | +€37,620 | +6.4% |
| Profit (loss) carried forward | 14 | €3 | €5 | +€2 | +66.9% |
| Amounts payable | 17/49 | €153,983 | €134,792 | -€19,191 | -12.5% |
| Amounts payable after more than one year | 17 | €81,322 | €62,591 | -€18,731 | -23.0% |
| Financial debts | 170/4 | €81,322 | €62,591 | -€18,731 | -23.0% |
| Amounts payable within one year | 42/48 | €72,661 | €72,200 | -€461 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €18,488 | €18,731 | +€243 | +1.3% |
| Financial debts | 43 | €5,094 | €5,084 | -€10 | -0.2% |
| Credit institutions | 430/8 | €5,094 | €5,084 | -€10 | -0.2% |
| Trade debts | 44 | €593 | €2,257 | +€1,665 | +281% |
| Suppliers | 440/4 | €593 | €2,257 | +€1,665 | +281% |
| Taxes, remuneration and social security | 45 | €15,101 | €12,672 | -€2,429 | -16.1% |
| Taxes | 450/3 | €15,101 | €12,672 | -€2,429 | -16.1% |
| Other amounts payable | 47/48 | €33,386 | €33,457 | +€71 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,530 | €15,377 | +€847 | +5.8% |
| Other operating charges | 640/8 | €502 | €3,772 | +€3,270 | +651% |
| Gross operating margin | 9900 | €138,249 | €111,953 | -€26,296 | -19.0% |
| Operating profit (loss) | 9901 | €123,216 | €92,803 | -€30,413 | -24.7% |
| Financial income | 75/76B | €2,266 | €7,214 | +€4,947 | +218% |
| Recurring financial income | 75 | €2,266 | €7,214 | +€4,947 | +218% |
| Financial charges | 65/66B | €2,462 | €2,194 | -€268 | -10.9% |
| Recurring financial charges | 65 | €2,462 | €2,194 | -€268 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €123,020 | €97,823 | -€25,198 | -20.5% |
| Income taxes | 67/77 | €38,712 | €30,201 | -€8,512 | -22.0% |
| Profit (loss) for the period | 9904 | €84,308 | €67,622 | -€16,686 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €84,308 | €67,622 | -€16,686 | -19.8% |
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 21 October 2026 via checked.be.