KAPCONSTRUCT: 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.
KAPCONSTRUCT
Largest movements
- Receivables within one year +€14,192
up €14,192 (+8.9%), from €159,482 to €173,674
of which Other amounts receivable: +€42,879
- Profit (loss) carried forward +€5,821
up €5,821 (+279%), from €2,084 to €7,905
- Tax, wage and social debts +€5,615
up €5,615 (+134%), from €4,193 to €9,808
- Other debts +€4,951
up €4,951 (+4.3%), from €115,211 to €120,161
- Gross operating margin -€32,687
down €32,687 (-57.1%), from €57,195 to €24,508
- Other operating charges -€10,530
down €10,530 (-70.9%), from €14,848 to €4,318
- Financial charges +€3,756
up €3,756 (+266%), from €1,412 to €5,168
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 | €190,637 | €205,767 | +€15,130 | +7.9% |
| Current assets | 29/58 | €190,637 | €205,767 | +€15,130 | +7.9% |
| Stocks and contracts in progress | 3 | €10,131 | €10,131 | = | 0.0% |
| Stocks | 30/36 | €10,131 | €10,131 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €159,482 | €173,674 | +€14,192 | +8.9% |
| Trade receivables | 40 | €80,098 | €51,411 | -€28,687 | -35.8% |
| Other amounts receivable | 41 | €79,383 | €122,262 | +€42,879 | +54.0% |
| Cash at bank and in hand | 54/58 | €225 | €1,163 | +€938 | +417% |
| Deferred charges and accrued income | 490/1 | €20,800 | €20,800 | = | 0.0% |
| Total equity and liabilities | 10/49 | €190,637 | €205,767 | +€15,130 | +7.9% |
| Equity | 10/15 | €67,084 | €72,905 | +€5,821 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €46,400 | €46,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €46,400 | €46,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,084 | €7,905 | +€5,821 | +279% |
| Amounts payable | 17/49 | €123,553 | €132,863 | +€9,309 | +7.5% |
| Amounts payable within one year | 42/48 | €123,553 | €132,863 | +€9,309 | +7.5% |
| Trade debts | 44 | €4,150 | €2,893 | -€1,257 | -30.3% |
| Suppliers | 440/4 | €4,150 | €2,893 | -€1,257 | -30.3% |
| Taxes, remuneration and social security | 45 | €4,193 | €9,808 | +€5,615 | +134% |
| Taxes | 450/3 | €4,193 | €9,808 | +€5,615 | +134% |
| Other amounts payable | 47/48 | €115,211 | €120,161 | +€4,951 | +4.3% |
| Other operating charges | 640/8 | €14,848 | €4,318 | -€10,530 | -70.9% |
| Non-recurring operating charges | 66A | €19,323 | €9,174 | -€10,149 | -52.5% |
| Gross operating margin | 9900 | €57,195 | €24,508 | -€32,687 | -57.1% |
| Operating profit (loss) | 9901 | €23,023 | €11,016 | -€12,007 | -52.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,412 | €5,168 | +€3,756 | +266% |
| Recurring financial charges | 65 | €1,412 | €5,168 | +€3,756 | +266% |
| Profit (loss) for the period before taxes | 9903 | €21,612 | €5,848 | -€15,764 | -72.9% |
| Income taxes | 67/77 | - | €27 | +€27 | |
| Profit (loss) for the period | 9904 | €21,612 | €5,821 | -€15,791 | -73.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,612 | €5,821 | -€15,791 | -73.1% |
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 15 October 2026 via checked.be.