K.A.N. Construction: 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.N. Construction
Largest movements
- Current investments -€40,763
no longer reported in 2025 (was €40,763)
- Cash +€34,642
new in 2025: €34,642
mainly Current investments (+€40,763) and Receivables within one year (+€18,247)
- Receivables within one year -€18,247
down €18,247 (-41.1%), from €44,389 to €26,141
of which Trade receivables: -€19,237
- Deferred charges and accrued income +€4,560
new in 2025: €4,560
- Tangible fixed assets -€3,289
down €3,289 (-28.8%), from €11,436 to €8,147
- Other debts -€30,000
down €30,000 (-100.0%), from €30,001 to €1
- Tax, wage and social debts +€7,679
up €7,679 (+89.6%), from €8,573 to €16,252
- Reserves +€1,420
up €1,420 (+2.8%), from €50,014 to €51,435
- Gross operating margin -€102,514
down €102,514 (-93.6%), from €109,572 to €7,058
- Taxes -€15,897
down €15,897 (-94.4%), from €16,844 to €947
- Other operating charges -€8,686
down €8,686 (-95.1%), from €9,137 to €452
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 | €96,588 | €75,687 | -€20,901 | -21.6% |
| Fixed assets | 21/28 | €11,436 | €8,147 | -€3,289 | -28.8% |
| Tangible fixed assets | 22/27 | €11,436 | €8,147 | -€3,289 | -28.8% |
| Furniture and vehicles | 24 | €11,436 | €8,147 | -€3,289 | -28.8% |
| Current assets | 29/58 | €85,151 | €67,540 | -€17,612 | -20.7% |
| Stocks and contracts in progress | 3 | - | €2,196 | +€2,196 | |
| Stocks | 30/36 | - | €2,196 | +€2,196 | |
| Amounts receivable within one year | 40/41 | €44,389 | €26,141 | -€18,247 | -41.1% |
| Trade receivables | 40 | €37,764 | €18,527 | -€19,237 | -50.9% |
| Other amounts receivable | 41 | €6,625 | €7,615 | +€990 | +14.9% |
| Current investments | 50/53 | €40,763 | - | -€40,763 | |
| Cash at bank and in hand | 54/58 | - | €34,642 | +€34,642 | |
| Deferred charges and accrued income | 490/1 | - | €4,560 | +€4,560 | |
| Total equity and liabilities | 10/49 | €96,588 | €75,687 | -€20,901 | -21.6% |
| Equity | 10/15 | €58,014 | €59,435 | +€1,420 | +2.4% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €50,014 | €51,435 | +€1,420 | +2.8% |
| Distributable reserves | 133 | €50,014 | €51,435 | +€1,420 | +2.8% |
| Amounts payable | 17/49 | €38,574 | €16,252 | -€22,321 | -57.9% |
| Amounts payable within one year | 42/48 | €38,574 | €16,252 | -€22,321 | -57.9% |
| Taxes, remuneration and social security | 45 | €8,573 | €16,252 | +€7,679 | +89.6% |
| Taxes | 450/3 | €8,573 | €16,252 | +€7,679 | +89.6% |
| Other amounts payable | 47/48 | €30,001 | €1 | -€30,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,449 | €4,417 | +€969 | +28.1% |
| Other operating charges | 640/8 | €9,137 | €452 | -€8,686 | -95.1% |
| Gross operating margin | 9900 | €109,572 | €7,058 | -€102,514 | -93.6% |
| Operating profit (loss) | 9901 | €96,985 | €2,188 | -€94,797 | -97.7% |
| Financial income | 75/76B | - | €263 | +€263 | |
| Recurring financial income | 75 | - | €263 | +€263 | |
| Financial charges | 65/66B | €127 | €84 | -€43 | -34.0% |
| Recurring financial charges | 65 | €127 | €84 | -€43 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €96,858 | €2,367 | -€94,491 | -97.6% |
| Income taxes | 67/77 | €16,844 | €947 | -€15,897 | -94.4% |
| Profit (loss) for the period | 9904 | €80,014 | €1,420 | -€78,594 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €80,014 | €1,420 | -€78,594 | -98.2% |
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 21 October 2026 via checked.be.