K.A.G. CONSTRUCT: 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.
K.A.G. CONSTRUCT
Largest movements
- Cash +€5,513
up €5,513 (+152%), from €3,636 to €9,148
mainly Net result for the year (+€10,125) and Depreciation (+€800)
- Receivables within one year +€3,019
up €3,019 (+3.4%), from €88,970 to €91,989
of which Trade receivables: +€1,640
- Deferred charges and accrued income +€1,376
up €1,376 (+21.5%), from €6,408 to €7,784
- Profit (loss) carried forward +€10,125
up €10,125 (+32.5%), from -€31,167 to -€21,042
- Gross operating margin +€12,903
up €12,903, from -€315 to €12,588
- Financial charges -€1,594
down €1,594 (-83.7%), from €1,905 to €311
- Other operating charges +€926
up €926 (+218%), from €426 to €1,352
- Depreciation -€523
down €523 (-39.5%), from €1,324 to €800
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,864 | €110,972 | +€9,108 | +8.9% |
| Fixed assets | 21/28 | €2,850 | €2,050 | -€800 | -28.1% |
| Tangible fixed assets | 22/27 | €2,800 | €2,000 | -€800 | -28.6% |
| Furniture and vehicles | 24 | €2,800 | €2,000 | -€800 | -28.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €99,014 | €108,922 | +€9,908 | +10.0% |
| Amounts receivable within one year | 40/41 | €88,970 | €91,989 | +€3,019 | +3.4% |
| Trade receivables | 40 | €86,531 | €88,170 | +€1,640 | +1.9% |
| Other amounts receivable | 41 | €2,439 | €3,819 | +€1,380 | +56.6% |
| Cash at bank and in hand | 54/58 | €3,636 | €9,148 | +€5,513 | +152% |
| Deferred charges and accrued income | 490/1 | €6,408 | €7,784 | +€1,376 | +21.5% |
| Total equity and liabilities | 10/49 | €101,864 | €110,972 | +€9,108 | +8.9% |
| Equity | 10/15 | -€15,567 | -€5,442 | +€10,125 | +65.0% |
| Contributions | 10/11 | €15,600 | €15,600 | = | 0.0% |
| Capital | 10 | €15,600 | €15,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,167 | -€21,042 | +€10,125 | +32.5% |
| Amounts payable | 17/49 | €117,431 | €116,414 | -€1,017 | -0.9% |
| Amounts payable after more than one year | 17 | €4,898 | €4,692 | -€205 | -4.2% |
| Financial debts | 170/4 | €4,898 | €4,692 | -€205 | -4.2% |
| Amounts payable within one year | 42/48 | €112,533 | €111,721 | -€812 | -0.7% |
| Trade debts | 44 | €111,588 | €111,276 | -€312 | -0.3% |
| Suppliers | 440/4 | €111,588 | €111,276 | -€312 | -0.3% |
| Advances received on contracts in progress | 46 | €945 | €445 | -€500 | -52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,324 | €800 | -€523 | -39.5% |
| Other operating charges | 640/8 | €426 | €1,352 | +€926 | +218% |
| Gross operating margin | 9900 | -€315 | €12,588 | +€12,903 | |
| Operating profit (loss) | 9901 | -€2,065 | €10,436 | +€12,500 | |
| Financial charges | 65/66B | €1,905 | €311 | -€1,594 | -83.7% |
| Recurring financial charges | 65 | €1,905 | €311 | -€1,594 | -83.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,969 | €10,125 | +€14,094 | |
| Profit (loss) for the period | 9904 | -€3,969 | €10,125 | +€14,094 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,969 | €10,125 | +€14,094 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.