K3-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.
K3-Construct
Largest movements
- Stocks and contracts +€10,000
up €10,000 (+15.5%), from €64,447 to €74,447
- Receivables within one year -€6,055
down €6,055 (-90.8%), from €6,672 to €617
of which Trade receivables: -€6,654
- Cash -€1,585
down €1,585 (-24.0%), from €6,603 to €5,018
mainly Stocks and contracts (-€10,000) and Net result for the year (-€8,551)
- Other debts +€14,500
up €14,500 (+16.0%), from €90,500 to €105,000
- Profit (loss) carried forward -€8,551
down €8,551 (-48.1%), from -€17,778 to -€26,330
- Trade debts -€3,589
down €3,589 (-71.8%), from €4,999 to €1,410
- Gross operating margin -€879
down €879 (-12.5%), from -€7,010 to -€7,889
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 | €77,723 | €80,082 | +€2,359 | +3.0% |
| Current assets | 29/58 | €77,723 | €80,082 | +€2,359 | +3.0% |
| Stocks and contracts in progress | 3 | €64,447 | €74,447 | +€10,000 | +15.5% |
| Stocks | 30/36 | €64,447 | €74,447 | +€10,000 | +15.5% |
| Amounts receivable within one year | 40/41 | €6,672 | €617 | -€6,055 | -90.8% |
| Trade receivables | 40 | €6,654 | €0 | -€6,654 | -100% |
| Other amounts receivable | 41 | €18 | €617 | +€599 | +3,303% |
| Cash at bank and in hand | 54/58 | €6,603 | €5,018 | -€1,585 | -24.0% |
| Total equity and liabilities | 10/49 | €77,723 | €80,082 | +€2,359 | +3.0% |
| Equity | 10/15 | -€17,776 | -€26,328 | -€8,551 | -48.1% |
| Contributions | 10/11 | €2 | €2 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,778 | -€26,330 | -€8,551 | -48.1% |
| Amounts payable | 17/49 | €95,499 | €106,410 | +€10,911 | +11.4% |
| Amounts payable within one year | 42/48 | €95,499 | €106,410 | +€10,911 | +11.4% |
| Trade debts | 44 | €4,999 | €1,410 | -€3,589 | -71.8% |
| Suppliers | 440/4 | €4,999 | €1,410 | -€3,589 | -71.8% |
| Other amounts payable | 47/48 | €90,500 | €105,000 | +€14,500 | +16.0% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | -€7,010 | -€7,889 | -€879 | -12.5% |
| Operating profit (loss) | 9901 | -€7,538 | -€8,433 | -€895 | -11.9% |
| Financial charges | 65/66B | €86 | €118 | +€32 | +37.0% |
| Recurring financial charges | 65 | €86 | €118 | +€32 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,624 | -€8,551 | -€927 | -12.2% |
| Profit (loss) for the period | 9904 | -€7,624 | -€8,551 | -€927 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,624 | -€8,551 | -€927 | -12.2% |
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 13 October 2026 via checked.be.