KVR Investments: what changed
KVR Investments
Largest movements
- Cash -€792
down €792 (-73.0%), from €1,085 to €294
mainly Net result for the year (-€1,666)
- Tangible fixed assets -€106
down €106 (-1.7%), from €6,379 to €6,273
- Profit (loss) carried forward -€1,666
down €1,666 (-48.5%), from -€3,433 to -€5,099
- Trade debts +€400
new in 2025: €400
- Other debts +€368
up €368 (+5.5%), from €6,697 to €7,066
- Gross operating margin +€1,606
up €1,606 (+84.1%), from -€1,908 to -€303
- Other operating charges -€193
down €193 (-16.5%), from €1,170 to €977
- Financial charges +€47
up €47 (+20.0%), from €234 to €280
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,264 | €7,366 | -€898 | -10.9% |
| Fixed assets | 21/28 | €6,379 | €6,273 | -€106 | -1.7% |
| Tangible fixed assets | 22/27 | €6,379 | €6,273 | -€106 | -1.7% |
| Land and buildings | 22 | €6,379 | €6,273 | -€106 | -1.7% |
| Current assets | 29/58 | €1,885 | €1,094 | -€792 | -42.0% |
| Amounts receivable within one year | 40/41 | €800 | €800 | = | 0.0% |
| Other amounts receivable | 41 | €800 | €800 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,085 | €294 | -€792 | -73.0% |
| Total equity and liabilities | 10/49 | €8,264 | €7,366 | -€898 | -10.9% |
| Equity | 10/15 | €1,567 | -€99 | -€1,666 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,433 | -€5,099 | -€1,666 | -48.5% |
| Amounts payable | 17/49 | €6,697 | €7,465 | +€768 | +11.5% |
| Amounts payable within one year | 42/48 | €6,697 | €7,465 | +€768 | +11.5% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Other amounts payable | 47/48 | €6,697 | €7,066 | +€368 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121 | €106 | -€15 | -12.7% |
| Other operating charges | 640/8 | €1,170 | €977 | -€193 | -16.5% |
| Gross operating margin | 9900 | -€1,908 | -€303 | +€1,606 | +84.1% |
| Operating profit (loss) | 9901 | -€3,200 | -€1,385 | +€1,814 | +56.7% |
| Financial charges | 65/66B | €234 | €280 | +€47 | +20.0% |
| Recurring financial charges | 65 | €234 | €280 | +€47 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,433 | -€1,666 | +€1,768 | +51.5% |
| Profit (loss) for the period | 9904 | -€3,433 | -€1,666 | +€1,768 | +51.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,433 | -€1,666 | +€1,768 | +51.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.