KAND BUILDING: 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.
KAND BUILDING
Largest movements
- Receivables within one year +€32,340
up €32,340 (+52.4%), from €61,761 to €94,101
of which Trade receivables: +€19,353
- Cash +€28,122
up €28,122 (+1,546%), from €1,819 to €29,942
mainly Trade debts (+€26,366) and Net result for the year (+€23,300)
- Trade debts +€26,366
up €26,366 (+92.8%), from €28,410 to €54,775
- Profit (loss) carried forward +€23,300
up €23,300 (+86.8%), from €26,840 to €50,139
- Advances received +€10,500
new in 2024: €10,500
- Gross operating margin +€18,046
up €18,046 (+321%), from €5,623 to €23,670
- Taxes -€1,434
no longer reported in 2024 (was €1,434)
- Financial charges +€361
up €361 (+3,972%), from €9 to €370
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 | €63,580 | €124,042 | +€60,462 | +95.1% |
| Current assets | 29/58 | €63,580 | €124,042 | +€60,462 | +95.1% |
| Amounts receivable within one year | 40/41 | €61,761 | €94,101 | +€32,340 | +52.4% |
| Trade receivables | 40 | €58,382 | €77,735 | +€19,353 | +33.1% |
| Other amounts receivable | 41 | €3,379 | €16,365 | +€12,987 | +384% |
| Cash at bank and in hand | 54/58 | €1,819 | €29,942 | +€28,122 | +1,546% |
| Total equity and liabilities | 10/49 | €63,580 | €124,042 | +€60,462 | +95.1% |
| Equity | 10/15 | €31,840 | €55,139 | +€23,300 | +73.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,840 | €50,139 | +€23,300 | +86.8% |
| Amounts payable | 17/49 | €31,740 | €68,903 | +€37,163 | +117% |
| Amounts payable within one year | 42/48 | €31,740 | €68,903 | +€37,163 | +117% |
| Trade debts | 44 | €28,410 | €54,775 | +€26,366 | +92.8% |
| Suppliers | 440/4 | €28,410 | €54,775 | +€26,366 | +92.8% |
| Advances received on contracts in progress | 46 | - | €10,500 | +€10,500 | |
| Other amounts payable | 47/48 | €3,331 | €3,628 | +€297 | +8.9% |
| Gross operating margin | 9900 | €5,623 | €23,670 | +€18,046 | +321% |
| Operating profit (loss) | 9901 | €5,623 | €23,670 | +€18,046 | +321% |
| Financial charges | 65/66B | €9 | €370 | +€361 | +3,972% |
| Recurring financial charges | 65 | €9 | €370 | +€361 | +3,972% |
| Profit (loss) for the period before taxes | 9903 | €5,614 | €23,300 | +€17,685 | +315% |
| Income taxes | 67/77 | €1,434 | - | -€1,434 | |
| Profit (loss) for the period | 9904 | €4,180 | €23,300 | +€19,120 | +457% |
| Profit (loss) for the period to be appropriated | 9905 | €4,180 | €23,300 | +€19,120 | +457% |
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 24 October 2026 via checked.be.