KA 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.
KA CONSTRUCT
Largest movements
- Cash +€64,624
up €64,624 (+379.0%), from €17,051 to €81,675
mainly Net result for the year (+€84,066) and Depreciation (+€52,711)
- Tangible fixed assets +€56,218
up €56,218 (+40.0%), from €140,487 to €196,704
of which Furniture and vehicles: +€39,890
- Profit (loss) carried forward +€84,066
up €84,066 (+76.0%), from €110,576 to €194,641
- Debts after one year +€30,405
up €30,405 (+112.4%), from €27,053 to €57,459
- Current portion of long-term debt +€10,517
up €10,517 (+123.1%), from €8,540 to €19,057
- Other debts -€10,386
down €10,386 (-13.7%), from €75,596 to €65,210
- Gross operating margin +€71,876
up €71,876 (+65.5%), from €109,743 to €181,618
- Depreciation +€15,563
up €15,563 (+41.9%), from €37,148 to €52,711
- Taxes +€10,674
up €10,674 (+93.1%), from €11,464 to €22,138
- Other operating charges +€2,597
up €2,597 (+23.7%), from €10,970 to €13,567
- Financial charges +€2,035
up €2,035 (+25.3%), from €8,041 to €10,075
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 | €234,858 | €352,403 | +€117,545 | +50.0% |
| Fixed assets | 21/28 | €140,487 | €196,704 | +€56,218 | +40.0% |
| Tangible fixed assets | 22/27 | €140,487 | €196,704 | +€56,218 | +40.0% |
| Plant, machinery and equipment | 23 | €41,541 | €33,371 | -€8,170 | -19.7% |
| Furniture and vehicles | 24 | €68,317 | €108,207 | +€39,890 | +58.4% |
| Leasing and similar rights | 25 | €0 | €27,207 | +€27,207 | |
| Other tangible fixed assets | 26 | €30,628 | €27,920 | -€2,709 | -8.8% |
| Current assets | 29/58 | €94,371 | €155,699 | +€61,328 | +65.0% |
| Stocks and contracts in progress | 3 | €1,644 | €0 | -€1,644 | -100.0% |
| Stocks | 30/36 | €1,644 | €0 | -€1,644 | -100.0% |
| Amounts receivable within one year | 40/41 | €72,961 | €73,025 | +€65 | +0.1% |
| Trade receivables | 40 | €56,337 | €67,008 | +€10,671 | +18.9% |
| Other amounts receivable | 41 | €16,624 | €6,018 | -€10,606 | -63.8% |
| Cash at bank and in hand | 54/58 | €17,051 | €81,675 | +€64,624 | +379.0% |
| Deferred charges and accrued income | 490/1 | €2,715 | €999 | -€1,716 | -63.2% |
| Total equity and liabilities | 10/49 | €234,858 | €352,403 | +€117,545 | +50.0% |
| Equity | 10/15 | €113,576 | €197,641 | +€84,066 | +74.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,576 | €194,641 | +€84,066 | +76.0% |
| Amounts payable | 17/49 | €121,282 | €154,762 | +€33,480 | +27.6% |
| Amounts payable after more than one year | 17 | €27,053 | €57,459 | +€30,405 | +112.4% |
| Financial debts | 170/4 | €27,053 | €57,459 | +€30,405 | +112.4% |
| Amounts payable within one year | 42/48 | €90,179 | €93,836 | +€3,657 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €8,540 | €19,057 | +€10,517 | +123.1% |
| Trade debts | 44 | €4,266 | €7,757 | +€3,491 | +81.8% |
| Suppliers | 440/4 | €4,266 | €7,757 | +€3,491 | +81.8% |
| Taxes, remuneration and social security | 45 | €1,776 | €1,811 | +€35 | +2.0% |
| Taxes | 450/3 | €1,776 | €1,811 | +€35 | +2.0% |
| Other amounts payable | 47/48 | €75,596 | €65,210 | -€10,386 | -13.7% |
| Accrued charges and deferred income | 492/3 | €4,050 | €3,468 | -€583 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,148 | €52,711 | +€15,563 | +41.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,000 | €0 | +€2,000 | |
| Other operating charges | 640/8 | €10,970 | €13,567 | +€2,597 | +23.7% |
| Gross operating margin | 9900 | €109,743 | €181,618 | +€71,876 | +65.5% |
| Operating profit (loss) | 9901 | €63,624 | €115,340 | +€51,716 | +81.3% |
| Financial income | 75/76B | €2,084 | €939 | -€1,145 | -55.0% |
| Recurring financial income | 75 | €2,084 | €939 | -€1,145 | -55.0% |
| Financial charges | 65/66B | €8,041 | €10,075 | +€2,035 | +25.3% |
| Recurring financial charges | 65 | €8,041 | €10,075 | +€2,035 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | €57,667 | €106,204 | +€48,536 | +84.2% |
| Income taxes | 67/77 | €11,464 | €22,138 | +€10,674 | +93.1% |
| Profit (loss) for the period | 9904 | €46,203 | €84,066 | +€37,862 | +81.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,203 | €84,066 | +€37,862 | +81.9% |
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 12 October 2026 via checked.be.