KAAI CONSTRUCT
InactiveFinancials · financial year 2024, abbreviated format
2024 annual accounts filed 29 days after the deadline Filed on 29 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00436908.
Annual accounts 2024 filed on 29-08-2025 PDF all 9 filings
Turnover
€11,843▼ 5.5%
2018 · €12,529
EBIT margin
32.3%▲ 15.6pp
2018 · 16.6%
Net result
€19,427
2023 · -€37,003
Working capital
-€7,665▲ 71.7%
2023 · -€27,092
Multi-year overview
2018 to 2024, 7 financial yearsTurnover
no figure
2024
20182024
Operating result
€23,002
2024
20182024
Net result
€19,427
2024
20182024
EBIT margin
no figure
2024
20182024
Equity
-€7,665
▲ 71.7%
2024
20182024
Total assets
€2.4m
▲ 116%
2024
20182024
Debt
€2.4m
▲ 112%
2024
20182024
Working capital
-€7,665
▲ 71.7%
2024
20182024
Staff (FTE)
0
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Turnover€0.01m-€0.01m▼ 5.5%
Operating result€0.002m-€0.004m▲ 83.3%€0.006m▲ 61.2%-€280-€0.008m▼ 2,768%-€0.02m▼ 97.2%€0.02m
Net result€0.001m-€0.003m▲ 105%€0.006m▲ 119%-€0.001m-€0.01m▼ 1,461%-€0.04m▼ 284%€0.02m
EBIT margin16.6%-32.3%▲ 15.6pp
Equity€0.01m-€0.01m▲ 21.2%€0.02m▲ 38.2%€0.02m▼ 3.1%€0.01m▼ 49.3%-€0.03m-€0.008m▲ 71.7%
Total assets€0.02m-€0.03m▲ 29.8%€0.04m▲ 41.1%€0.02m▼ 52.0%€0.5m▲ 23×€1.1m▲ 129%€2.4m▲ 116%
Debt€0.01m-€0.02m▲ 39.1%€0.02m▲ 43.8%€0.001m▼ 96.6%€0.5m▲ 618×€1.1m▲ 140%€2.4m▲ 112%
Working capital€0.01m-€0.01m▲ 21.2%€0.02m▲ 38.2%€0.02m▲ 0.7%€0.01m▼ 43.8%-€0.03m-€0.008m▲ 71.7%
Staff (FTE)00
The operating result for 2024 is a profit of €23,002, after a loss of €15,847 in 2023. It is the highest result since 2020.
Key figures and ratios
Solvency
-0.3%▲
2023 · -2.5%
Current ratio
1.00▲
2023 · 0.98
Quick ratio
0.36▲
2023 · 0.15
ROA
0.8%▲
2023 · -3.4%
Debt ≤ 1 year
€2.4m▲
2023 · €1.1m
A ratio outside any meaningful range has been withheld (balance sheet total €2.4m, equity -€7,665).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €12,529 | €11,843 | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €55 | €480 | €4,946 | €1,923 | ▼ 61.1% |
| Gross operating margin9900 | €2,182 | €3,824 | €6,217 | -€225 | -€7,555 | -€10,901 | €24,925 | - |
| Operating profit (loss)9901 | €2,086 | €3,824 | €6,163 | -€280 | -€8,035 | -€15,847 | €23,002 | - |
| Financial income75/76B | - | - | - | - | - | €138 | €723 | ▲ 425% |
| Recurring financial income75 | - | - | - | - | - | €138 | €723 | ▲ 425% |
| Financial charges65/66B | - | - | - | €338 | €1,611 | €21,293 | €4,298 | ▼ 79.8% |
| Recurring financial charges65 | €11 | €18 | €23 | €338 | €1,611 | €21,293 | €4,298 | ▼ 79.8% |
| Profit (loss) for the period before taxes9903 | €2,075 | €3,806 | €6,140 | -€618 | -€9,647 | -€37,003 | €19,427 | - |
| Income taxes67/77 | €827 | €1,252 | €558 | €0 | €0 | - | - | - |
| Profit (loss) for the period9904 | €1,248 | €2,554 | €5,582 | -€618 | -€9,647 | -€37,003 | €19,427 | - |
| Profit (loss) for the period to be appropriated9905 | €1,248 | €2,554 | €5,582 | -€618 | -€9,647 | -€37,003 | €19,427 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.02m | €0.03m | €0.04m | €0.02m | €0.5m | €1.1m | €2.4m | ▲ 116% |
| Current assets29/58 | €0.02m | €0.03m | €0.04m | €0.02m | €0.5m | €1.1m | €2.4m | ▲ 116% |
| Stocks and contracts in progress3 | - | - | - | - | €0.3m | €0.9m | €1.5m | ▲ 63.7% |
| Stocks30/36 | - | - | - | - | €0.3m | €0.9m | €1.5m | ▲ 63.7% |
| Amounts receivable within one year40/41 | €0.002m | €286 | €286 | €293 | €0.2m | €0.1m | €0.8m | ▲ 479% |
| Trade receivables40 | - | - | - | - | €0.2m | €0.1m | €0.7m | ▲ 447% |
| Other amounts receivable41 | - | - | - | €293 | €0 | €0.02m | €0.1m | ▲ 698% |
| Cash at bank and in hand54/58 | €0.02m | €0.03m | €0.04m | €0.02m | €0.003m | €0.02m | €0.02m | ▼ 21.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €81 | €0.001m | €0.001m | ▲ 24.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.02m | €0.03m | €0.04m | €0.02m | €0.5m | €1.1m | €2.4m | ▲ 116% |
| Equity10/15 | €0.01m | €0.01m | €0.02m | €0.02m | €0.01m | -€0.03m | -€0.008m | ▲ 71.7% |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.006m | €0.008m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Non-distributable reserves130/1 | - | - | - | €0.001m | €0.001m | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.001m | €0.001m | €0 | - | - |
| Distributable reserves133 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | - | - | - | -€0.001m | -€0.01m | -€0.05m | -€0.03m | ▲ 41.1% |
| Amounts payable17/49 | €0.01m | €0.02m | €0.02m | €0.001m | €0.5m | €1.1m | €2.4m | ▲ 112% |
| Amounts payable within one year42/48 | €0.01m | €0.02m | €0.02m | €0 | €0.5m | €1.1m | €2.4m | ▲ 112% |
| Financial debts43 | - | - | - | - | - | €0.6m | €0.6m | ▼ 5.5% |
| Credit institutions430/8 | - | - | - | - | - | €0.6m | €0.6m | ▼ 5.5% |
| Trade debts44 | - | €0.001m | €0.003m | €0 | €0.2m | €0.3m | €0.01m | ▼ 95.2% |
| Suppliers440/4 | - | - | - | €0 | €0.2m | €0.3m | €0.01m | ▼ 95.2% |
| Advances received on contracts in progress46 | - | - | - | - | €0.2m | €0.2m | €1.0m | ▲ 514% |
| Taxes, remuneration and social security45 | - | - | - | €0 | €0.03m | €0 | - | - |
| Taxes450/3 | - | - | - | €0 | €0.03m | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €0 | €0.05m | €0.07m | €0.8m | ▲ 11× |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.002m | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,248 | €2,554 | €5,582 | -€618 | -€9,647 | -€37,003 | €19,427 | - |
| Operating cash flow (approximation) | €1,248 | €2,554 | €5,582 | -€618 | -€9,647 | -€37,003 | €19,427 | - |
| Change in cash | - | €8,972 | €12,327 | -€22,010 | -€17,322 | €22,201 | -€5,227 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00436908 | |
| 31-12-2023 | abbreviated format | 07-10-2024 | 2024-00496464 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00405973 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20398137 | |
| 31-12-2020 | micro format | 26-08-2021 | 2021-55000493 | |
| 31-12-2019 | micro format | 28-10-2020 | 2020-64500453 | |
| 31-12-2018 | micro format | 23-08-2019 | 2019-49500300 | |
| 31-12-2017 | micro format | 11-07-2018 | 2018-31800559 | |
| 31-12-2016 | micro format | 05-07-2017 | 2017-28200135 |