BKR Grondwerken: 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.
BKR Grondwerken
Largest movements
- Stocks and contracts -€337,862
no longer reported in 2024 (was €337,862)
- Tangible fixed assets -€108,367
down €108,367 (-42.0%), from €258,067 to €149,700
of which Furniture and vehicles: -€61,412
- Receivables within one year +€41,881
up €41,881 (+9.2%), from €457,314 to €499,195
of which Trade receivables: +€81,498
- Cash -€13,568
down €13,568 (-17.9%), from €75,715 to €62,146
mainly Trade debts (-€218,470) and Tax, wage and social debts (-€139,778)
- Trade debts -€218,470
down €218,470 (-65.4%), from €333,887 to €115,417
- Tax, wage and social debts -€139,778
down €139,778 (-70.8%), from €197,392 to €57,613
of which Taxes: -€153,566
- Debts after one year -€73,039
down €73,039 (-58.7%), from €124,459 to €51,420
- Profit (loss) carried forward +€50,410
up €50,410 (+20.7%), from €243,733 to €294,143
- Other debts -€23,203
down €23,203 (-15.5%), from €150,063 to €126,860
- Gross operating margin +€165,825
up €165,825 (+30.9%), from €536,490 to €702,315
- Staff costs +€138,662
up €138,662 (+41.3%), from €336,025 to €474,687
- Taxes +€35,390
up €35,390, from -€15,761 to €19,628
- Depreciation -€16,417
down €16,417 (-13.2%), from €124,784 to €108,367
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,246,007 | €831,904 | -€414,102 | -33.2% |
| Fixed assets | 21/28 | €264,167 | €159,500 | -€104,667 | -39.6% |
| Tangible fixed assets | 22/27 | €258,067 | €149,700 | -€108,367 | -42.0% |
| Plant, machinery and equipment | 23 | €32,792 | €28,662 | -€4,130 | -12.6% |
| Furniture and vehicles | 24 | €136,056 | €74,645 | -€61,412 | -45.1% |
| Leasing and similar rights | 25 | €89,219 | €46,394 | -€42,825 | -48.0% |
| Financial fixed assets | 28 | €6,100 | €9,800 | +€3,700 | +60.7% |
| Current assets | 29/58 | €981,840 | €672,404 | -€309,435 | -31.5% |
| Stocks and contracts in progress | 3 | €337,862 | - | -€337,862 | |
| Contracts in progress | 37 | €337,862 | - | -€337,862 | |
| Amounts receivable within one year | 40/41 | €457,314 | €499,195 | +€41,881 | +9.2% |
| Trade receivables | 40 | €245,304 | €326,802 | +€81,498 | +33.2% |
| Other amounts receivable | 41 | €212,011 | €172,393 | -€39,618 | -18.7% |
| Cash at bank and in hand | 54/58 | €75,715 | €62,146 | -€13,568 | -17.9% |
| Deferred charges and accrued income | 490/1 | €110,949 | €111,063 | +€115 | +0.1% |
| Total equity and liabilities | 10/49 | €1,246,007 | €831,904 | -€414,102 | -33.2% |
| Equity | 10/15 | €257,993 | €308,403 | +€50,410 | +19.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €243,733 | €294,143 | +€50,410 | +20.7% |
| Amounts payable | 17/49 | €988,014 | €523,502 | -€464,512 | -47.0% |
| Amounts payable after more than one year | 17 | €124,459 | €51,420 | -€73,039 | -58.7% |
| Financial debts | 170/4 | €124,459 | €51,420 | -€73,039 | -58.7% |
| Amounts payable within one year | 42/48 | €863,555 | €472,081 | -€391,473 | -45.3% |
| Current portion of amounts payable after more than one year | 42 | €82,213 | €72,188 | -€10,025 | -12.2% |
| Financial debts | 43 | €100,000 | €100,002 | +€2 | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,002 | +€2 | 0.0% |
| Trade debts | 44 | €333,887 | €115,417 | -€218,470 | -65.4% |
| Suppliers | 440/4 | €333,887 | €115,417 | -€218,470 | -65.4% |
| Taxes, remuneration and social security | 45 | €197,392 | €57,613 | -€139,778 | -70.8% |
| Taxes | 450/3 | €182,108 | €28,542 | -€153,566 | -84.3% |
| Remuneration and social security | 454/9 | €15,284 | €29,071 | +€13,788 | +90.2% |
| Other amounts payable | 47/48 | €150,063 | €126,860 | -€23,203 | -15.5% |
| Remuneration, social security and pensions | 62 | €336,025 | €474,687 | +€138,662 | +41.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,784 | €108,367 | -€16,417 | -13.2% |
| Other operating charges | 640/8 | €17,579 | €21,130 | +€3,551 | +20.2% |
| Non-recurring operating charges | 66A | €8,320 | - | -€8,320 | |
| Gross operating margin | 9900 | €536,490 | €702,315 | +€165,825 | +30.9% |
| Operating profit (loss) | 9901 | €49,782 | €98,131 | +€48,349 | +97.1% |
| Financial income | 75/76B | €76 | €0 | -€76 | -100.0% |
| Recurring financial income | 75 | €76 | €0 | -€76 | -100.0% |
| Financial charges | 65/66B | €30,419 | €28,093 | -€2,326 | -7.6% |
| Recurring financial charges | 65 | €30,419 | €28,093 | -€2,326 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €19,439 | €70,038 | +€50,599 | +260% |
| Income taxes | 67/77 | -€15,761 | €19,628 | +€35,390 | |
| Profit (loss) for the period | 9904 | €35,200 | €50,410 | +€15,209 | +43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,200 | €50,410 | +€15,209 | +43.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.