K.G. CONSTRUKS: what changed
What changed
K.G. CONSTRUKS
NACE 42.110, Construction of roads and motorways
filed annual accounts (NBB)
Net result for the year
-€11,057
2024 · -€7,975-€3,082
Equity
€35,175
2024 · €46,232-€11,057
Cash
€182,506
2024 · €231,367-€48,861
Balance sheet total
€658,857
2024 · €672,698-€13,840
Largest movements
Assets
- Cash -€48,861
down €48,861 (-21.1%), from €231,367 to €182,506
mainly Receivables within one year (-€35,237) and Net result for the year (-€11,057)
- Receivables within one year +€35,237
up €35,237 (+36.9%), from €95,604 to €130,841
of which Other amounts receivable: +€49,705
Equity and liabilities
- Profit (loss) carried forward -€11,057
down €11,057 (-107%), from -€10,357 to -€21,414
Income statement
- Gross operating margin -€9,700
down €9,700 (-1,124%), from -€863 to -€10,562
- Purchases and services -€8,057
no longer reported in 2025 (was €8,057)
- Other operating charges -€5,920
down €5,920 (-90.8%), from €6,520 to €600
- Financial income +€646
up €646 (+6,456,900%), from €0 to €646
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€7,975
Gross operating margin
-€9,700
Depreciation
+€44
Other operating charges
+€5,920
Financial income
+€646
Financial charges
+€9
Result 2025
-€11,057
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€48,861
Investment
€0
Financing
€0
Cash 2024
€231,367
From operations (derived)
-€48,861
Net result for the year
-€11,057
Depreciation
+€418
Receivables within one year
-€35,237
Deferred charges and accrued income
-€201
Trade debts
+€210
Other debts
-€2,994
Cash 2025
€182,506
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €672,698 | €658,857 | -€13,840 | -2.1% |
| Fixed assets | 21/28 | €345,727 | €345,309 | -€418 | -0.1% |
| Tangible fixed assets | 22/27 | €727 | €309 | -€418 | -57.5% |
| Plant, machinery and equipment | 23 | €237 | €63 | -€174 | -73.4% |
| Furniture and vehicles | 24 | €490 | €246 | -€244 | -49.8% |
| Financial fixed assets | 28 | €345,000 | €345,000 | = | 0.0% |
| Current assets | 29/58 | €326,971 | €313,548 | -€13,423 | -4.1% |
| Amounts receivable within one year | 40/41 | €95,604 | €130,841 | +€35,237 | +36.9% |
| Trade receivables | 40 | €94,968 | €80,500 | -€14,468 | -15.2% |
| Other amounts receivable | 41 | €636 | €50,341 | +€49,705 | +7,819% |
| Cash at bank and in hand | 54/58 | €231,367 | €182,506 | -€48,861 | -21.1% |
| Deferred charges and accrued income | 490/1 | - | €201 | +€201 | |
| Total equity and liabilities | 10/49 | €672,698 | €658,857 | -€13,840 | -2.1% |
| Equity | 10/15 | €46,232 | €35,175 | -€11,057 | -23.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €37,997 | €37,997 | = | 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% |
| Tax-exempt reserves | 132 | €10,242 | €10,242 | = | 0.0% |
| Distributable reserves | 133 | €25,895 | €25,895 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,357 | -€21,414 | -€11,057 | -107% |
| Amounts payable | 17/49 | €626,465 | €623,682 | -€2,784 | -0.4% |
| Amounts payable within one year | 42/48 | €626,465 | €623,682 | -€2,784 | -0.4% |
| Trade debts | 44 | €179 | €390 | +€210 | +117% |
| Suppliers | 440/4 | €179 | €390 | +€210 | +117% |
| Other amounts payable | 47/48 | €626,286 | €623,292 | -€2,994 | -0.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €8,057 | - | -€8,057 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €462 | €418 | -€44 | -9.5% |
| Other operating charges | 640/8 | €6,520 | €600 | -€5,920 | -90.8% |
| Gross operating margin | 9900 | -€863 | -€10,562 | -€9,700 | -1,124% |
| Operating profit (loss) | 9901 | -€7,844 | -€11,580 | -€3,736 | -47.6% |
| Financial income | 75/76B | €0 | €646 | +€646 | +6,456,900% |
| Recurring financial income | 75 | €0 | €646 | +€646 | +6,456,900% |
| Financial charges | 65/66B | €131 | €122 | -€9 | -6.5% |
| Recurring financial charges | 65 | €131 | €122 | -€9 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,975 | -€11,057 | -€3,082 | -38.6% |
| Profit (loss) for the period | 9904 | -€7,975 | -€11,057 | -€3,082 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,975 | -€11,057 | -€3,082 | -38.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.