K.L. CONSTRUCTIONS: what changed
Two fiscal 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.L. CONSTRUCTIONS
Largest movements
- Receivables within one year +€152,236
up €152,236 (+365.9%), from €41,609 to €193,845
of which Other amounts receivable: +€160,202
- Tangible fixed assets +€25,696
up €25,696 (+19.7%), from €130,408 to €156,104
of which Assets under construction and advance payments: +€39,240
- Cash -€17,640
down €17,640 (-100.0%), from €17,640 to €0
mainly Receivables within one year (-€152,236) and Investment in fixed assets (net) (-€55,876)
- Stocks and contracts +€7,830
up €7,830 (+23.9%), from €32,821 to €40,651
of which Contracts in progress: +€7,000
- Deferred charges and accrued income +€5,842
up €5,842 (+73.8%), from €7,921 to €13,763
- Debts after one year +€167,663
up €167,663 (+288.2%), from €58,166 to €225,828
- Short-term financial debts +€14,051
up €14,051, from €0 to €14,051
- Trade debts -€11,509
down €11,509 (-33.3%), from €34,512 to €23,003
- Profit (loss) carried forward +€10,461
up €10,461 (+14.2%), from €73,760 to €84,221
- Other debts -€8,500
down €8,500 (-100.0%), from €8,500 to €0
- Gross operating margin +€10,092
up €10,092 (+19.5%), from €51,621 to €61,713
- Depreciation -€8,481
down €8,481 (-21.9%), from €38,661 to €30,180
- Financial charges +€3,628
up €3,628 (+68.6%), from €5,288 to €8,916
- Financial income -€759
down €759 (-31.9%), from €2,377 to €1,618
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.
Cash bridge derived
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 | €231,499 | €405,463 | +€173,964 | +75.1% |
| Fixed assets | 21/28 | €131,508 | €157,204 | +€25,696 | +19.5% |
| Tangible fixed assets | 22/27 | €130,408 | €156,104 | +€25,696 | +19.7% |
| Land and buildings | 22 | - | €25,200 | +€25,200 | |
| Plant, machinery and equipment | 23 | €62,538 | €44,410 | -€18,128 | -29.0% |
| Furniture and vehicles | 24 | €65,370 | €44,754 | -€20,616 | -31.5% |
| Assets under construction and advance payments | 27 | €2,500 | €41,740 | +€39,240 | +1569.6% |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €99,990 | €248,259 | +€148,269 | +148.3% |
| Stocks and contracts in progress | 3 | €32,821 | €40,651 | +€7,830 | +23.9% |
| Stocks | 30/36 | €14,821 | €15,651 | +€830 | +5.6% |
| Contracts in progress | 37 | €18,000 | €25,000 | +€7,000 | +38.9% |
| Amounts receivable within one year | 40/41 | €41,609 | €193,845 | +€152,236 | +365.9% |
| Trade receivables | 40 | €13,341 | €5,374 | -€7,966 | -59.7% |
| Other amounts receivable | 41 | €28,268 | €188,470 | +€160,202 | +566.7% |
| Cash at bank and in hand | 54/58 | €17,640 | €0 | -€17,640 | -100.0% |
| Deferred charges and accrued income | 490/1 | €7,921 | €13,763 | +€5,842 | +73.8% |
| Total equity and liabilities | 10/49 | €231,499 | €405,463 | +€173,964 | +75.1% |
| Equity | 10/15 | €83,760 | €94,221 | +€10,461 | +12.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,760 | €84,221 | +€10,461 | +14.2% |
| Amounts payable | 17/49 | €147,739 | €311,243 | +€163,504 | +110.7% |
| Amounts payable after more than one year | 17 | €58,166 | €225,828 | +€167,663 | +288.2% |
| Financial debts | 170/4 | €58,166 | €225,828 | +€167,663 | +288.2% |
| Amounts payable within one year | 42/48 | €89,573 | €85,414 | -€4,159 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €29,637 | €36,150 | +€6,513 | +22.0% |
| Financial debts | 43 | €0 | €14,051 | +€14,051 | |
| Credit institutions | 430/8 | €0 | €14,051 | +€14,051 | |
| Trade debts | 44 | €34,512 | €23,003 | -€11,509 | -33.3% |
| Suppliers | 440/4 | €34,512 | €23,003 | -€11,509 | -33.3% |
| Taxes, remuneration and social security | 45 | €16,924 | €12,210 | -€4,714 | -27.9% |
| Taxes | 450/3 | €16,924 | €12,210 | -€4,714 | -27.9% |
| Other amounts payable | 47/48 | €8,500 | €0 | -€8,500 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,661 | €30,180 | -€8,481 | -21.9% |
| Other operating charges | 640/8 | €576 | €598 | +€22 | +3.9% |
| Non-recurring operating charges | 66A | €4,245 | €9,074 | +€4,829 | +113.8% |
| Gross operating margin | 9900 | €51,621 | €61,713 | +€10,092 | +19.5% |
| Operating profit (loss) | 9901 | €8,139 | €21,861 | +€13,722 | +168.6% |
| Financial income | 75/76B | €2,377 | €1,618 | -€759 | -31.9% |
| Recurring financial income | 75 | €2,377 | €1,618 | -€759 | -31.9% |
| Financial charges | 65/66B | €5,288 | €8,916 | +€3,628 | +68.6% |
| Recurring financial charges | 65 | €5,288 | €8,916 | +€3,628 | +68.6% |
| Profit (loss) for the period before taxes | 9903 | €5,229 | €14,563 | +€9,334 | +178.5% |
| Income taxes | 67/77 | €4,458 | €4,102 | -€356 | -8.0% |
| Profit (loss) for the period | 9904 | €771 | €10,461 | +€9,690 | +1256.7% |
| Profit (loss) for the period to be appropriated | 9905 | €771 | €10,461 | +€9,690 | +1256.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.