KVS concept: 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.
KVS concept
Largest movements
- Cash +€30,553
up €30,553 (+19.5%), from €156,636 to €187,189
mainly Net result for the year (+€28,034) and Receivables within one year (+€14,955)
- Receivables within one year -€14,955
down €14,955 (-12.2%), from €123,008 to €108,053
of which Other amounts receivable: -€13,697
- Other debts +€8,626
up €8,626 (+21.8%), from €39,516 to €48,142
- Reserves +€5,000
up €5,000 (+2.7%), from €183,807 to €188,807
- Financial charges +€19,813
up €19,813 (+1289.1%), from €1,537 to €21,350
- Taxes -€6,357
down €6,357 (-30.9%), from €20,578 to €14,221
- Gross operating margin -€1,816
down €1,816 (-2.8%), from €65,246 to €63,430
- Financial income +€743
up €743 (+74274.0%), from €1 to €744
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 | €279,727 | €295,325 | +€15,598 | +5.6% |
| Fixed assets | 21/28 | €83 | €83 | -€0 | -0.2% |
| Financial fixed assets | 28 | €83 | €83 | -€0 | -0.2% |
| Current assets | 29/58 | €279,644 | €295,242 | +€15,598 | +5.6% |
| Amounts receivable within one year | 40/41 | €123,008 | €108,053 | -€14,955 | -12.2% |
| Trade receivables | 40 | €1,258 | - | -€1,258 | |
| Other amounts receivable | 41 | €121,750 | €108,053 | -€13,697 | -11.3% |
| Cash at bank and in hand | 54/58 | €156,636 | €187,189 | +€30,553 | +19.5% |
| Total equity and liabilities | 10/49 | €279,727 | €295,325 | +€15,598 | +5.6% |
| Equity | 10/15 | €206,303 | €212,336 | +€6,033 | +2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €183,807 | €188,807 | +€5,000 | +2.7% |
| Distributable reserves | 133 | €183,807 | €188,807 | +€5,000 | +2.7% |
| Profit (loss) carried forward | 14 | €3,896 | €4,929 | +€1,033 | +26.5% |
| Amounts payable | 17/49 | €73,424 | €82,989 | +€9,565 | +13.0% |
| Amounts payable after more than one year | 17 | €18,600 | €18,600 | = | 0.0% |
| Financial debts | 170/4 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,832 | €55,572 | +€9,740 | +21.3% |
| Trade debts | 44 | - | €1,239 | +€1,239 | |
| Suppliers | 440/4 | - | €1,239 | +€1,239 | |
| Taxes, remuneration and social security | 45 | €6,316 | €6,191 | -€125 | -2.0% |
| Taxes | 450/3 | €6,316 | €6,191 | -€125 | -2.0% |
| Other amounts payable | 47/48 | €39,516 | €48,142 | +€8,626 | +21.8% |
| Accrued charges and deferred income | 492/3 | €8,992 | €8,817 | -€175 | -1.9% |
| Other operating charges | 640/8 | €561 | €570 | +€9 | +1.6% |
| Gross operating margin | 9900 | €65,246 | €63,430 | -€1,816 | -2.8% |
| Operating profit (loss) | 9901 | €64,685 | €62,860 | -€1,825 | -2.8% |
| Financial income | 75/76B | €1 | €744 | +€743 | +74274.0% |
| Recurring financial income | 75 | €1 | €744 | +€743 | +74274.0% |
| Financial charges | 65/66B | €1,537 | €21,350 | +€19,813 | +1289.1% |
| Recurring financial charges | 65 | €1,537 | €21,350 | +€19,813 | +1289.1% |
| Profit (loss) for the period before taxes | 9903 | €63,149 | €42,254 | -€20,895 | -33.1% |
| Income taxes | 67/77 | €20,578 | €14,221 | -€6,357 | -30.9% |
| Profit (loss) for the period | 9904 | €42,571 | €28,034 | -€14,537 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,571 | €28,034 | -€14,537 | -34.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.