KD CONSTRUCT GROUP: 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.
KD CONSTRUCT GROUP
Largest movements
- Receivables within one year -€25,276
down €25,276 (-59.6%), from €42,422 to €17,147
of which Trade receivables: -€23,993
- Cash +€1,403
up €1,403 (+33.8%), from €4,150 to €5,553
mainly Receivables within one year (+€25,276) and Net result for the year (+€8,544)
- Trade debts -€35,897
down €35,897 (-92.4%), from €38,859 to €2,962
- Profit (loss) carried forward +€8,544
up €8,544 (+61113.8%), from €14 to €8,558
- Tax, wage and social debts +€1,831
up €1,831 (+337.8%), from €542 to €2,373
- Other debts +€1,417
up €1,417 (+18.6%), from €7,605 to €9,022
- Write-downs -€24,413
no longer reported in 2024 (was €24,413)
- Gross operating margin -€11,357
down €11,357 (-40.9%), from €27,785 to €16,428
- Taxes +€2,373
new in 2024: €2,373
- Other operating charges +€537
up €537 (+69.6%), from €771 to €1,307
- Financial charges -€368
down €368 (-11.8%), from €3,110 to €2,742
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.
Cash bridge derived
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 | €49,020 | €24,914 | -€24,106 | -49.2% |
| Fixed assets | 21/28 | €2,429 | €2,029 | -€400 | -16.5% |
| Tangible fixed assets | 22/27 | €2,429 | €2,029 | -€400 | -16.5% |
| Plant, machinery and equipment | 23 | €2,429 | €2,029 | -€400 | -16.5% |
| Current assets | 29/58 | €46,591 | €22,885 | -€23,707 | -50.9% |
| Amounts receivable within one year | 40/41 | €42,422 | €17,147 | -€25,276 | -59.6% |
| Trade receivables | 40 | €39,791 | €15,798 | -€23,993 | -60.3% |
| Other amounts receivable | 41 | €2,632 | €1,349 | -€1,283 | -48.7% |
| Cash at bank and in hand | 54/58 | €4,150 | €5,553 | +€1,403 | +33.8% |
| Deferred charges and accrued income | 490/1 | €18 | €185 | +€166 | +902.4% |
| Total equity and liabilities | 10/49 | €49,020 | €24,914 | -€24,106 | -49.2% |
| Equity | 10/15 | €2,014 | €10,558 | +€8,544 | +424.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14 | €8,558 | +€8,544 | +61113.8% |
| Amounts payable | 17/49 | €47,006 | €14,356 | -€32,650 | -69.5% |
| Amounts payable within one year | 42/48 | €47,006 | €14,356 | -€32,650 | -69.5% |
| Trade debts | 44 | €38,859 | €2,962 | -€35,897 | -92.4% |
| Suppliers | 440/4 | €38,859 | €2,962 | -€35,897 | -92.4% |
| Taxes, remuneration and social security | 45 | €542 | €2,373 | +€1,831 | +337.8% |
| Taxes | 450/3 | €542 | €2,373 | +€1,831 | +337.8% |
| Other amounts payable | 47/48 | €7,605 | €9,022 | +€1,417 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,372 | €1,462 | +€90 | +6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €24,413 | - | -€24,413 | |
| Other operating charges | 640/8 | €771 | €1,307 | +€537 | +69.6% |
| Gross operating margin | 9900 | €27,785 | €16,428 | -€11,357 | -40.9% |
| Operating profit (loss) | 9901 | €1,230 | €13,659 | +€12,429 | +1010.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -87.1% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -87.1% |
| Financial charges | 65/66B | €3,110 | €2,742 | -€368 | -11.8% |
| Recurring financial charges | 65 | €3,110 | €2,742 | -€368 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,880 | €10,916 | +€12,796 | |
| Income taxes | 67/77 | - | €2,373 | +€2,373 | |
| Profit (loss) for the period | 9904 | -€1,880 | €8,544 | +€10,423 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,880 | €8,544 | +€10,423 |
Source: filed annual accounts (NBB), financial years ended 28 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.