KVS THERAPIE: 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.
KVS THERAPIE
Largest movements
- Cash +€32,551
up €32,551 (+41.0%), from €79,348 to €111,899
mainly Net result for the year (+€61,277) and Depreciation (+€14,654)
- Intangible fixed assets -€12,861
down €12,861 (-20.1%), from €64,102 to €51,241
- Reserves +€61,277
up €61,277 (+69.5%), from €88,232 to €149,509
- Other debts -€47,201
down €47,201 (-86.0%), from €54,855 to €7,654
- Tax, wage and social debts +€4,781
up €4,781 (+790%), from €605 to €5,386
- Gross operating margin +€20,941
up €20,941 (+29.0%), from €72,295 to €93,236
- Taxes +€4,175
up €4,175 (+33.1%), from €12,605 to €16,781
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 | €146,692 | €165,730 | +€19,038 | +13.0% |
| Fixed assets | 21/28 | €67,343 | €53,830 | -€13,513 | -20.1% |
| Intangible fixed assets | 21 | €64,102 | €51,241 | -€12,861 | -20.1% |
| Tangible fixed assets | 22/27 | €3,242 | €2,590 | -€652 | -20.1% |
| Plant, machinery and equipment | 23 | €723 | €323 | -€400 | -55.3% |
| Furniture and vehicles | 24 | €2,518 | €2,266 | -€252 | -10.0% |
| Current assets | 29/58 | €79,348 | €111,899 | +€32,551 | +41.0% |
| Cash at bank and in hand | 54/58 | €79,348 | €111,899 | +€32,551 | +41.0% |
| Total equity and liabilities | 10/49 | €146,692 | €165,730 | +€19,038 | +13.0% |
| Equity | 10/15 | €91,232 | €152,509 | +€61,277 | +67.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €88,232 | €149,509 | +€61,277 | +69.5% |
| Distributable reserves | 133 | €88,232 | €149,509 | +€61,277 | +69.5% |
| Amounts payable | 17/49 | €55,460 | €13,221 | -€42,239 | -76.2% |
| Amounts payable within one year | 42/48 | €55,460 | €13,221 | -€42,239 | -76.2% |
| Trade debts | 44 | - | €181 | +€181 | |
| Suppliers | 440/4 | - | €181 | +€181 | |
| Taxes, remuneration and social security | 45 | €605 | €5,386 | +€4,781 | +790% |
| Taxes | 450/3 | €605 | €5,386 | +€4,781 | +790% |
| Other amounts payable | 47/48 | €54,855 | €7,654 | -€47,201 | -86.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,233 | €14,654 | +€421 | +3.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €72,295 | €93,236 | +€20,941 | +29.0% |
| Operating profit (loss) | 9901 | €57,674 | €78,182 | +€20,508 | +35.6% |
| Financial charges | 65/66B | €117 | €125 | +€7 | +6.4% |
| Recurring financial charges | 65 | €117 | €125 | +€7 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €57,557 | €78,058 | +€20,501 | +35.6% |
| Income taxes | 67/77 | €12,605 | €16,781 | +€4,175 | +33.1% |
| Profit (loss) for the period | 9904 | €44,952 | €61,277 | +€16,325 | +36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,952 | €61,277 | +€16,325 | +36.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.