KVS Consulting: 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 Consulting
Largest movements
- Cash +€40,281
up €40,281 (+39.6%), from €101,838 to €142,119
mainly Net result for the year (+€38,637) and Deferred charges and accrued income (+€5,694)
- Tangible fixed assets -€7,231
down €7,231 (-57.0%), from €12,696 to €5,465
of which Land and buildings: -€6,366
- Deferred charges and accrued income -€5,694
down €5,694 (-29.2%), from €19,482 to €13,788
- Reserves +€31,089
up €31,089 (+24.9%), from €124,863 to €155,952
- Other debts -€3,977
down €3,977 (-100.0%), from €3,977 to €0
- Trade debts +€1,955
up €1,955 (+52.5%), from €3,725 to €5,680
- Gross operating margin +€17,291
up €17,291 (+38.1%), from €45,332 to €62,623
- Taxes +€5,704
up €5,704 (+53.7%), from €10,616 to €16,320
- Financial income -€943
down €943 (-52.6%), from €1,792 to €849
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 | €165,747 | €192,967 | +€27,221 | +16.4% |
| Fixed assets | 21/28 | €12,696 | €5,465 | -€7,231 | -57.0% |
| Tangible fixed assets | 22/27 | €12,696 | €5,465 | -€7,231 | -57.0% |
| Land and buildings | 22 | €8,718 | €2,352 | -€6,366 | -73.0% |
| Plant, machinery and equipment | 23 | €2,957 | €1,648 | -€1,309 | -44.3% |
| Furniture and vehicles | 24 | €1,021 | €1,465 | +€444 | +43.5% |
| Current assets | 29/58 | €153,051 | €187,503 | +€34,452 | +22.5% |
| Amounts receivable within one year | 40/41 | €31,731 | €31,596 | -€135 | -0.4% |
| Trade receivables | 40 | €28,798 | €30,704 | +€1,906 | +6.6% |
| Other amounts receivable | 41 | €2,933 | €892 | -€2,040 | -69.6% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €101,838 | €142,119 | +€40,281 | +39.6% |
| Deferred charges and accrued income | 490/1 | €19,482 | €13,788 | -€5,694 | -29.2% |
| Total equity and liabilities | 10/49 | €165,747 | €192,967 | +€27,221 | +16.4% |
| Equity | 10/15 | €143,463 | €174,552 | +€31,089 | +21.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €124,863 | €155,952 | +€31,089 | +24.9% |
| Distributable reserves | 133 | €124,863 | €155,952 | +€31,089 | +24.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €22,284 | €18,415 | -€3,869 | -17.4% |
| Amounts payable within one year | 42/48 | €22,284 | €18,415 | -€3,869 | -17.4% |
| Financial debts | 43 | - | €1 | +€1 | |
| Credit institutions | 430/8 | - | €1 | +€1 | |
| Trade debts | 44 | €3,725 | €5,680 | +€1,955 | +52.5% |
| Suppliers | 440/4 | €3,725 | €5,680 | +€1,955 | +52.5% |
| Taxes, remuneration and social security | 45 | €14,582 | €12,735 | -€1,848 | -12.7% |
| Taxes | 450/3 | €14,582 | €12,735 | -€1,848 | -12.7% |
| Other amounts payable | 47/48 | €3,977 | €0 | -€3,977 | -100.0% |
| Non-recurring operating income | 76A | - | €1,122 | +€1,122 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,095 | €2,551 | -€544 | -17.6% |
| Other operating charges | 640/8 | €681 | €1,223 | +€543 | +79.7% |
| Gross operating margin | 9900 | €45,332 | €62,623 | +€17,291 | +38.1% |
| Operating profit (loss) | 9901 | €41,556 | €58,849 | +€17,293 | +41.6% |
| Financial income | 75/76B | €1,792 | €849 | -€943 | -52.6% |
| Recurring financial income | 75 | €1,792 | €849 | -€943 | -52.6% |
| Financial charges | 65/66B | €4,610 | €4,740 | +€131 | +2.8% |
| Recurring financial charges | 65 | €4,610 | €4,740 | +€131 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €38,738 | €54,958 | +€16,219 | +41.9% |
| Income taxes | 67/77 | €10,616 | €16,320 | +€5,704 | +53.7% |
| Profit (loss) for the period | 9904 | €28,122 | €38,637 | +€10,515 | +37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,122 | €38,637 | +€10,515 | +37.4% |
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.