KALEO 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.
KALEO CONSTRUCT
Largest movements
- Receivables within one year +€144,120
up €144,120 (+35.2%), from €409,444 to €553,564
of which Other amounts receivable: +€147,767
- Tangible fixed assets -€36,309
down €36,309 (-6.1%), from €593,634 to €557,324
- Cash -€17,572
down €17,572 (-80.0%), from €21,966 to €4,394
mainly Receivables within one year (-€144,120) and Debts after one year (-€64,089)
- Debts after one year -€64,089
down €64,089 (-15.4%), from €416,445 to €352,356
of which Financial debts: -€64,089
- Profit (loss) carried forward +€57,198
up €57,198 (+18.8%), from €304,243 to €361,441
- Tax, wage and social debts +€32,431
up €32,431 (+37.0%), from €87,539 to €119,971
of which Taxes: +€54,251
- Trade debts +€29,485
up €29,485 (+34.7%), from €84,911 to €114,396
- Current portion of long-term debt +€13,754
up €13,754 (+43.6%), from €31,518 to €45,273
- Gross operating margin +€41,981
up €41,981 (+14.6%), from €287,956 to €329,937
- Financial charges -€8,839
down €8,839 (-27.6%), from €32,031 to €23,193
- Staff costs -€7,856
down €7,856 (-4.8%), from €165,096 to €157,241
- Taxes +€7,058
up €7,058 (+32.7%), from €21,576 to €28,634
- Depreciation -€6,216
down €6,216 (-22.8%), from €27,282 to €21,066
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,108,866 | €1,192,972 | +€84,105 | +7.6% |
| Fixed assets | 21/28 | €604,434 | €568,124 | -€36,309 | -6.0% |
| Tangible fixed assets | 22/27 | €593,634 | €557,324 | -€36,309 | -6.1% |
| Land and buildings | 22 | €568,790 | €551,144 | -€17,646 | -3.1% |
| Plant, machinery and equipment | 23 | €4,672 | €3,884 | -€788 | -16.9% |
| Furniture and vehicles | 24 | €20,172 | €2,297 | -€17,876 | -88.6% |
| Financial fixed assets | 28 | €10,800 | €10,800 | = | 0.0% |
| Current assets | 29/58 | €504,433 | €624,847 | +€120,414 | +23.9% |
| Stocks and contracts in progress | 3 | €65,098 | €60,786 | -€4,312 | -6.6% |
| Stocks | 30/36 | €65,098 | €60,786 | -€4,312 | -6.6% |
| Amounts receivable within one year | 40/41 | €409,444 | €553,564 | +€144,120 | +35.2% |
| Trade receivables | 40 | €261,966 | €258,319 | -€3,647 | -1.4% |
| Other amounts receivable | 41 | €147,478 | €295,245 | +€147,767 | +100% |
| Current investments | 50/53 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,966 | €4,394 | -€17,572 | -80.0% |
| Deferred charges and accrued income | 490/1 | €2,925 | €1,103 | -€1,822 | -62.3% |
| Total equity and liabilities | 10/49 | €1,108,866 | €1,192,972 | +€84,105 | +7.6% |
| Equity | 10/15 | €423,453 | €480,651 | +€57,198 | +13.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100,610 | €100,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,860 | €6,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,860 | €6,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €37,500 | €37,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €304,243 | €361,441 | +€57,198 | +18.8% |
| Amounts payable | 17/49 | €685,414 | €712,321 | +€26,907 | +3.9% |
| Amounts payable after more than one year | 17 | €416,445 | €352,356 | -€64,089 | -15.4% |
| Financial debts | 170/4 | €415,245 | €351,156 | -€64,089 | -15.4% |
| Other amounts payable | 178/9 | €1,200 | €1,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €268,968 | €353,822 | +€84,854 | +31.5% |
| Current portion of amounts payable after more than one year | 42 | €31,518 | €45,273 | +€13,754 | +43.6% |
| Financial debts | 43 | €65,000 | €71,300 | +€6,300 | +9.7% |
| Other loans | 439 | €65,000 | €71,300 | +€6,300 | +9.7% |
| Trade debts | 44 | €84,911 | €114,396 | +€29,485 | +34.7% |
| Suppliers | 440/4 | €84,911 | €114,396 | +€29,485 | +34.7% |
| Taxes, remuneration and social security | 45 | €87,539 | €119,971 | +€32,431 | +37.0% |
| Taxes | 450/3 | €39,539 | €93,790 | +€54,251 | +137% |
| Remuneration and social security | 454/9 | €48,000 | €26,180 | -€21,820 | -45.5% |
| Other amounts payable | 47/48 | - | €2,883 | +€2,883 | |
| Accrued charges and deferred income | 492/3 | - | €6,143 | +€6,143 | |
| Remuneration, social security and pensions | 62 | €165,096 | €157,241 | -€7,856 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,282 | €21,066 | -€6,216 | -22.8% |
| Other operating charges | 640/8 | €28,067 | €32,100 | +€4,034 | +14.4% |
| Non-recurring operating charges | 66A | - | €10,505 | +€10,505 | |
| Gross operating margin | 9900 | €287,956 | €329,937 | +€41,981 | +14.6% |
| Operating profit (loss) | 9901 | €67,511 | €109,024 | +€41,513 | +61.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | +675% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +675% |
| Financial charges | 65/66B | €32,031 | €23,193 | -€8,839 | -27.6% |
| Recurring financial charges | 65 | €32,031 | €23,193 | -€8,839 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €35,480 | €85,832 | +€50,353 | +142% |
| Income taxes | 67/77 | €21,576 | €28,634 | +€7,058 | +32.7% |
| Profit (loss) for the period | 9904 | €13,904 | €57,198 | +€43,295 | +311% |
| Profit (loss) for the period to be appropriated | 9905 | €13,904 | €57,198 | +€43,295 | +311% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.