KBS 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.
KBS CONSTRUCT
Largest movements
- Receivables within one year -€54,231
down €54,231 (-13.9%), from €388,779 to €334,548
of which Trade receivables: -€216,641
- Cash +€50,931
up €50,931 (+254%), from €20,089 to €71,020
mainly Receivables within one year (+€54,231) and Trade debts (+€47,493)
- Tangible fixed assets -€44,835
down €44,835 (-33.9%), from €132,428 to €87,594
of which Furniture and vehicles: -€38,191
- Other debts -€56,113
no longer reported in 2024 (was €56,113)
- Trade debts +€47,493
up €47,493 (+384%), from €12,353 to €59,846
- Tax, wage and social debts -€40,924
down €40,924 (-20.3%), from €201,197 to €160,273
of which Taxes: -€23,908
- Profit (loss) carried forward +€8,718
up €8,718 (+3.4%), from €253,459 to €262,177
- Debts after one year -€7,680
down €7,680 (-68.6%), from €11,192 to €3,513
- Gross operating margin -€139,506
down €139,506 (-26.8%), from €520,655 to €381,149
- Taxes -€56,579
no longer reported in 2024 (was €56,579)
- Staff costs +€5,877
up €5,877 (+1.8%), from €319,051 to €324,928
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 | €549,997 | €501,862 | -€48,135 | -8.8% |
| Fixed assets | 21/28 | €141,128 | €96,294 | -€44,835 | -31.8% |
| Tangible fixed assets | 22/27 | €132,428 | €87,594 | -€44,835 | -33.9% |
| Plant, machinery and equipment | 23 | €18,074 | €11,431 | -€6,643 | -36.8% |
| Furniture and vehicles | 24 | €114,354 | €76,163 | -€38,191 | -33.4% |
| Financial fixed assets | 28 | €8,700 | €8,700 | = | 0.0% |
| Current assets | 29/58 | €408,868 | €405,568 | -€3,300 | -0.8% |
| Amounts receivable within one year | 40/41 | €388,779 | €334,548 | -€54,231 | -13.9% |
| Trade receivables | 40 | €362,181 | €145,540 | -€216,641 | -59.8% |
| Other amounts receivable | 41 | €26,598 | €189,008 | +€162,409 | +611% |
| Cash at bank and in hand | 54/58 | €20,089 | €71,020 | +€50,931 | +254% |
| Total equity and liabilities | 10/49 | €549,997 | €501,862 | -€48,135 | -8.8% |
| Equity | 10/15 | €260,459 | €269,177 | +€8,718 | +3.3% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €253,459 | €262,177 | +€8,718 | +3.4% |
| Amounts payable | 17/49 | €289,538 | €232,685 | -€56,853 | -19.6% |
| Amounts payable after more than one year | 17 | €11,192 | €3,513 | -€7,680 | -68.6% |
| Financial debts | 170/4 | €11,192 | €3,513 | -€7,680 | -68.6% |
| Amounts payable within one year | 42/48 | €278,345 | €229,172 | -€49,173 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €8,682 | €9,053 | +€371 | +4.3% |
| Trade debts | 44 | €12,353 | €59,846 | +€47,493 | +384% |
| Suppliers | 440/4 | €12,353 | €59,846 | +€47,493 | +384% |
| Taxes, remuneration and social security | 45 | €201,197 | €160,273 | -€40,924 | -20.3% |
| Taxes | 450/3 | €52,009 | €28,101 | -€23,908 | -46.0% |
| Remuneration and social security | 454/9 | €149,188 | €132,172 | -€17,016 | -11.4% |
| Other amounts payable | 47/48 | €56,113 | - | -€56,113 | |
| Remuneration, social security and pensions | 62 | €319,051 | €324,928 | +€5,877 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,446 | €44,835 | +€2,389 | +5.6% |
| Other operating charges | 640/8 | €6,193 | €2,158 | -€4,034 | -65.2% |
| Gross operating margin | 9900 | €520,655 | €381,149 | -€139,506 | -26.8% |
| Operating profit (loss) | 9901 | €152,966 | €9,228 | -€143,738 | -94.0% |
| Financial income | 75/76B | €64 | €20 | -€44 | -68.5% |
| Recurring financial income | 75 | €64 | €20 | -€44 | -68.5% |
| Financial charges | 65/66B | €1,516 | €531 | -€985 | -65.0% |
| Recurring financial charges | 65 | €1,516 | €531 | -€985 | -65.0% |
| Profit (loss) for the period before taxes | 9903 | €151,514 | €8,718 | -€142,796 | -94.2% |
| Income taxes | 67/77 | €56,579 | - | -€56,579 | |
| Profit (loss) for the period | 9904 | €94,934 | €8,718 | -€86,217 | -90.8% |
| Profit (loss) for the period to be appropriated | 9905 | €94,934 | €8,718 | -€86,217 | -90.8% |
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 19 October 2026 via checked.be.