KVR Technics: what changed
Two fiscal 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 Technics
Largest movements
- Cash +€14,641
up €14,641 (+1341.9%), from €1,091 to €15,732
mainly Net result for the year (+€27,294) and Other debts (+€19,232)
- Receivables within one year -€7,127
down €7,127 (-82.2%), from €8,675 to €1,548
of which Trade receivables: -€5,423
- Intangible fixed assets -€6,000
down €6,000 (-11.8%), from €50,942 to €44,942
- Tangible fixed assets +€4,061
up €4,061 (+55.0%), from €7,382 to €11,443
of which Other tangible fixed assets: +€7,587
- Other debts +€19,232
up €19,232 (+240.4%), from €8,000 to €27,232
- Debts after one year -€12,036
down €12,036 (-34.6%), from €34,798 to €22,763
- Tax, wage and social debts +€5,588
up €5,588 (+106.6%), from €5,243 to €10,831
- Current portion of long-term debt -€3,962
down €3,962 (-24.8%), from €15,998 to €12,036
- Trade debts -€3,357
down €3,357 (-66.5%), from €5,046 to €1,689
- Gross operating margin +€23,048
up €23,048 (+86.8%), from €26,564 to €49,612
- Taxes +€4,471
up €4,471 (+99.4%), from €4,498 to €8,969
- Depreciation -€526
down €526 (-4.3%), from €12,371 to €11,846
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 | €69,704 | €75,429 | +€5,725 | +8.2% |
| Fixed assets | 21/28 | €58,325 | €56,386 | -€1,939 | -3.3% |
| Intangible fixed assets | 21 | €50,942 | €44,942 | -€6,000 | -11.8% |
| Tangible fixed assets | 22/27 | €7,382 | €11,443 | +€4,061 | +55.0% |
| Furniture and vehicles | 24 | €3,865 | €3,857 | -€8 | -0.2% |
| Leasing and similar rights | 25 | €3,517 | €0 | -€3,517 | -100.0% |
| Other tangible fixed assets | 26 | - | €7,587 | +€7,587 | |
| Current assets | 29/58 | €11,379 | €19,043 | +€7,664 | +67.4% |
| Amounts receivable within one year | 40/41 | €8,675 | €1,548 | -€7,127 | -82.2% |
| Trade receivables | 40 | €6,809 | €1,387 | -€5,423 | -79.6% |
| Other amounts receivable | 41 | €1,866 | €161 | -€1,705 | -91.4% |
| Cash at bank and in hand | 54/58 | €1,091 | €15,732 | +€14,641 | +1341.9% |
| Deferred charges and accrued income | 490/1 | €1,613 | €1,764 | +€151 | +9.3% |
| Total equity and liabilities | 10/49 | €69,704 | €75,429 | +€5,725 | +8.2% |
| Equity | 10/15 | €584 | €879 | +€294 | +50.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €484 | €779 | +€294 | +60.8% |
| Distributable reserves | 133 | €484 | €779 | +€294 | +60.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €69,120 | €74,550 | +€5,431 | +7.9% |
| Amounts payable after more than one year | 17 | €34,798 | €22,763 | -€12,036 | -34.6% |
| Financial debts | 170/4 | €34,798 | €22,763 | -€12,036 | -34.6% |
| Amounts payable within one year | 42/48 | €34,321 | €51,788 | +€17,466 | +50.9% |
| Current portion of amounts payable after more than one year | 42 | €15,998 | €12,036 | -€3,962 | -24.8% |
| Financial debts | 43 | €35 | €0 | -€35 | -100.0% |
| Credit institutions | 430/8 | €35 | €0 | -€35 | -100.0% |
| Trade debts | 44 | €5,046 | €1,689 | -€3,357 | -66.5% |
| Suppliers | 440/4 | €5,046 | €1,689 | -€3,357 | -66.5% |
| Taxes, remuneration and social security | 45 | €5,243 | €10,831 | +€5,588 | +106.6% |
| Taxes | 450/3 | €5,243 | €10,831 | +€5,588 | +106.6% |
| Other amounts payable | 47/48 | €8,000 | €27,232 | +€19,232 | +240.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,371 | €11,846 | -€526 | -4.3% |
| Other operating charges | 640/8 | €917 | €737 | -€181 | -19.7% |
| Non-recurring operating charges | 66A | €1,232 | €0 | -€1,232 | -100.0% |
| Gross operating margin | 9900 | €26,564 | €49,612 | +€23,048 | +86.8% |
| Operating profit (loss) | 9901 | €12,044 | €37,030 | +€24,986 | +207.5% |
| Financial income | 75/76B | €96 | €1 | -€95 | -99.0% |
| Recurring financial income | 75 | €96 | €1 | -€95 | -99.0% |
| Financial charges | 65/66B | €765 | €767 | +€2 | +0.2% |
| Recurring financial charges | 65 | €765 | €767 | +€2 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €11,374 | €36,264 | +€24,890 | +218.8% |
| Income taxes | 67/77 | €4,498 | €8,969 | +€4,471 | +99.4% |
| Profit (loss) for the period | 9904 | €6,876 | €27,294 | +€20,419 | +297.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,876 | €27,294 | +€20,419 | +297.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.