KEMI 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.
KEMI CONSTRUCT
Largest movements
- Intangible fixed assets -€8,000
down €8,000 (-40.0%), from €20,000 to €12,000
- Receivables within one year -€2,604
down €2,604 (-26.2%), from €9,935 to €7,331
of which Trade receivables: -€4,500
- Cash +€1,764
up €1,764 (+11.8%), from €14,907 to €16,671
mainly Net result for the year (+€6,842) and Trade debts (+€4,565)
- Tax, wage and social debts -€10,694
down €10,694 (-62.1%), from €17,231 to €6,537
of which Taxes: -€6,694
- Other debts -€9,552
down €9,552 (-50.5%), from €18,928 to €9,376
- Profit (loss) carried forward +€6,842
up €6,842 (+181%), from €3,785 to €10,627
- Trade debts +€4,565
up €4,565 (+509%), from €898 to €5,463
- Gross operating margin +€11,951
up €11,951 (+175%), from €6,823 to €18,774
- Depreciation +€4,000
new in 2025: €4,000
- Financial charges -€1,766
down €1,766 (-87.8%), from €2,010 to €244
- Other operating charges +€1,375
new in 2025: €1,375
- Taxes +€1,302
up €1,302 (+127%), from €1,028 to €2,329
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,842 | €36,002 | -€8,840 | -19.7% |
| Fixed assets | 21/28 | €20,000 | €12,000 | -€8,000 | -40.0% |
| Intangible fixed assets | 21 | €20,000 | €12,000 | -€8,000 | -40.0% |
| Current assets | 29/58 | €24,842 | €24,002 | -€840 | -3.4% |
| Amounts receivable within one year | 40/41 | €9,935 | €7,331 | -€2,604 | -26.2% |
| Trade receivables | 40 | €4,500 | - | -€4,500 | |
| Other amounts receivable | 41 | €5,435 | €7,331 | +€1,896 | +34.9% |
| Cash at bank and in hand | 54/58 | €14,907 | €16,671 | +€1,764 | +11.8% |
| Total equity and liabilities | 10/49 | €44,842 | €36,002 | -€8,840 | -19.7% |
| Equity | 10/15 | €7,785 | €14,627 | +€6,842 | +87.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | - | -€4,000 | |
| Issued capital | 100 | €4,000 | - | -€4,000 | |
| Profit (loss) carried forward | 14 | €3,785 | €10,627 | +€6,842 | +181% |
| Amounts payable | 17/49 | €37,057 | €21,375 | -€15,682 | -42.3% |
| Amounts payable within one year | 42/48 | €37,057 | €21,375 | -€15,682 | -42.3% |
| Trade debts | 44 | €898 | €5,463 | +€4,565 | +509% |
| Suppliers | 440/4 | €898 | €5,463 | +€4,565 | +509% |
| Taxes, remuneration and social security | 45 | €17,231 | €6,537 | -€10,694 | -62.1% |
| Taxes | 450/3 | €8,731 | €2,037 | -€6,694 | -76.7% |
| Remuneration and social security | 454/9 | €8,500 | €4,500 | -€4,000 | -47.1% |
| Other amounts payable | 47/48 | €18,928 | €9,376 | -€9,552 | -50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,000 | +€4,000 | |
| Other operating charges | 640/8 | - | €1,375 | +€1,375 | |
| Non-recurring operating charges | 66A | - | €4,000 | +€4,000 | |
| Gross operating margin | 9900 | €6,823 | €18,774 | +€11,951 | +175% |
| Operating profit (loss) | 9901 | €6,823 | €9,398 | +€2,576 | +37.8% |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €2,010 | €244 | -€1,766 | -87.8% |
| Recurring financial charges | 65 | €2,010 | €244 | -€1,766 | -87.8% |
| Profit (loss) for the period before taxes | 9903 | €4,813 | €9,171 | +€4,358 | +90.6% |
| Income taxes | 67/77 | €1,028 | €2,329 | +€1,302 | +127% |
| Profit (loss) for the period | 9904 | €3,785 | €6,842 | +€3,056 | +80.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,785 | €6,842 | +€3,056 | +80.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.