KAB 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.
KAB CONSTRUCT
Largest movements
- Tangible fixed assets -€6,969
down €6,969 (-71.3%), from €9,781 to €2,811
of which Plant, machinery and equipment: -€3,586
- Receivables within one year -€5,327
down €5,327 (-42.6%), from €12,502 to €7,175
- Cash +€4,269
up €4,269 (+13.9%), from €30,697 to €34,966
mainly Depreciation (+€6,969) and Receivables within one year (+€5,327)
- Profit (loss) carried forward -€13,082
down €13,082 (-39.7%), from €32,923 to €19,841
- Trade debts +€2,281
up €2,281 (+224.1%), from €1,018 to €3,298
- Tax, wage and social debts +€1,938
new in 2025: €1,938
- Other debts +€836
up €836 (+217.5%), from €384 to €1,220
- Gross operating margin -€14,269
down €14,269 (-59.7%), from €23,905 to €9,635
- Taxes +€2,749
up €2,749 (+1023.1%), from €269 to €3,018
- Depreciation -€2,684
down €2,684 (-27.8%), from €9,653 to €6,969
- Other operating charges +€415
up €415 (+161.8%), from €257 to €672
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 | €52,997 | €44,970 | -€8,027 | -15.1% |
| Fixed assets | 21/28 | €9,799 | €2,829 | -€6,969 | -71.1% |
| Tangible fixed assets | 22/27 | €9,781 | €2,811 | -€6,969 | -71.3% |
| Plant, machinery and equipment | 23 | €3,758 | €172 | -€3,586 | -95.4% |
| Furniture and vehicles | 24 | €6,022 | €2,639 | -€3,383 | -56.2% |
| Financial fixed assets | 28 | €18 | €18 | = | 0.0% |
| Current assets | 29/58 | €43,198 | €42,141 | -€1,058 | -2.4% |
| Amounts receivable within one year | 40/41 | €12,502 | €7,175 | -€5,327 | -42.6% |
| Other amounts receivable | 41 | €12,502 | €7,175 | -€5,327 | -42.6% |
| Cash at bank and in hand | 54/58 | €30,697 | €34,966 | +€4,269 | +13.9% |
| Total equity and liabilities | 10/49 | €52,997 | €44,970 | -€8,027 | -15.1% |
| Equity | 10/15 | €51,595 | €38,513 | -€13,082 | -25.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72 | €72 | = | 0.0% |
| Non-distributable reserves | 130/1 | €72 | €72 | = | 0.0% |
| Reserves not available under the articles | 1311 | €72 | €72 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,923 | €19,841 | -€13,082 | -39.7% |
| Amounts payable | 17/49 | €1,402 | €6,457 | +€5,055 | +360.5% |
| Amounts payable within one year | 42/48 | €1,402 | €6,457 | +€5,055 | +360.5% |
| Trade debts | 44 | €1,018 | €3,298 | +€2,281 | +224.1% |
| Suppliers | 440/4 | €1,018 | €3,298 | +€2,281 | +224.1% |
| Taxes, remuneration and social security | 45 | - | €1,938 | +€1,938 | |
| Taxes | 450/3 | - | €1,938 | +€1,938 | |
| Other amounts payable | 47/48 | €384 | €1,220 | +€836 | +217.5% |
| Non-recurring operating income | 76A | - | €826 | +€826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,653 | €6,969 | -€2,684 | -27.8% |
| Other operating charges | 640/8 | €257 | €672 | +€415 | +161.8% |
| Gross operating margin | 9900 | €23,905 | €9,635 | -€14,269 | -59.7% |
| Operating profit (loss) | 9901 | €13,995 | €1,994 | -€12,001 | -85.8% |
| Financial charges | 65/66B | €269 | €294 | +€25 | +9.1% |
| Recurring financial charges | 65 | €269 | €294 | +€25 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €13,726 | €1,700 | -€12,025 | -87.6% |
| Income taxes | 67/77 | €269 | €3,018 | +€2,749 | +1023.1% |
| Profit (loss) for the period | 9904 | €13,457 | -€1,317 | -€14,774 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,457 | -€1,317 | -€14,774 |
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 10 October 2026 via checked.be.