KG BATIMENT: 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.
KG BATIMENT
Largest movements
- Cash -€65,840
down €65,840 (-96.4%), from €68,331 to €2,491
mainly Tax, wage and social debts (-€42,945) and Net result for the year (-€40,801)
- Stocks and contracts +€40,615
new in 2023: €40,615
- Receivables within one year -€28,790
down €28,790 (-48.7%), from €59,086 to €30,296
of which Other amounts receivable: -€32,341
- Tangible fixed assets -€7,357
down €7,357 (-40.3%), from €18,246 to €10,889
of which Furniture and vehicles: -€4,457
- Tax, wage and social debts -€42,945
down €42,945 (-77.7%), from €55,300 to €12,355
of which Taxes: -€27,655
- Profit (loss) carried forward -€40,801
down €40,801 (-69.3%), from €58,918 to €18,117
- Other debts +€37,780
new in 2023: €37,780
- Trade debts -€16,669
down €16,669 (-74.8%), from €22,290 to €5,621
- Provisions +€5,312
new in 2023: €5,312
- Turnover -€230,238
down €230,238 (-78.3%), from €294,018 to €63,780
- Purchases and services -€127,476
down €127,476 (-62.3%), from €204,697 to €77,221
- Gross operating margin -€102,762
down €102,762, from €89,321 to -€13,441
- Staff costs -€17,541
down €17,541 (-49.2%), from €35,632 to €18,091
- Financial charges -€8,573
down €8,573 (-98.2%), from €8,726 to €153
of which Financial charges: -€8,573
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,376 | €87,252 | -€62,124 | -41.6% |
| Fixed assets | 21/28 | €18,246 | €10,889 | -€7,357 | -40.3% |
| Tangible fixed assets | 22/27 | €18,246 | €10,889 | -€7,357 | -40.3% |
| Plant, machinery and equipment | 23 | €8,700 | €5,800 | -€2,900 | -33.3% |
| Furniture and vehicles | 24 | €9,546 | €5,089 | -€4,457 | -46.7% |
| Current assets | 29/58 | €131,130 | €76,363 | -€54,767 | -41.8% |
| Stocks and contracts in progress | 3 | - | €40,615 | +€40,615 | |
| Stocks | 30/36 | - | €40,615 | +€40,615 | |
| Amounts receivable within one year | 40/41 | €59,086 | €30,296 | -€28,790 | -48.7% |
| Trade receivables | 40 | €20,672 | €24,223 | +€3,551 | +17.2% |
| Other amounts receivable | 41 | €38,414 | €6,073 | -€32,341 | -84.2% |
| Cash at bank and in hand | 54/58 | €68,331 | €2,491 | -€65,840 | -96.4% |
| Deferred charges and accrued income | 490/1 | €3,713 | €2,961 | -€752 | -20.3% |
| Total equity and liabilities | 10/49 | €149,376 | €87,252 | -€62,124 | -41.6% |
| Equity | 10/15 | €66,978 | €26,177 | -€40,801 | -60.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,918 | €18,117 | -€40,801 | -69.3% |
| Provisions and deferred taxes | 16 | - | €5,312 | +€5,312 | |
| Provisions for liabilities and charges | 160/5 | - | €5,312 | +€5,312 | |
| Other liabilities and charges | 164/5 | - | €5,312 | +€5,312 | |
| Amounts payable | 17/49 | €82,398 | €55,763 | -€26,635 | -32.3% |
| Amounts payable after more than one year | 17 | €4,808 | €7 | -€4,801 | -99.9% |
| Financial debts | 170/4 | - | €7 | +€7 | |
| Other amounts payable | 178/9 | €4,808 | - | -€4,808 | |
| Amounts payable within one year | 42/48 | €77,590 | €55,756 | -€21,834 | -28.1% |
| Trade debts | 44 | €22,290 | €5,621 | -€16,669 | -74.8% |
| Suppliers | 440/4 | €22,290 | €5,621 | -€16,669 | -74.8% |
| Taxes, remuneration and social security | 45 | €55,300 | €12,355 | -€42,945 | -77.7% |
| Taxes | 450/3 | €35,891 | €8,236 | -€27,655 | -77.1% |
| Remuneration and social security | 454/9 | €19,409 | €4,119 | -€15,290 | -78.8% |
| Other amounts payable | 47/48 | - | €37,780 | +€37,780 | |
| Turnover | 70 | €294,018 | €63,780 | -€230,238 | -78.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €204,697 | €77,221 | -€127,476 | -62.3% |
| Remuneration, social security and pensions | 62 | €35,632 | €18,091 | -€17,541 | -49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,821 | €7,357 | +€536 | +7.9% |
| Other operating charges | 640/8 | €5,643 | €1,765 | -€3,878 | -68.7% |
| Gross operating margin | 9900 | €89,321 | -€13,441 | -€102,762 | |
| Operating profit (loss) | 9901 | €41,225 | -€40,654 | -€81,879 | |
| Financial income | 75/76B | €28 | €9 | -€19 | -67.9% |
| Recurring financial income | 75 | €28 | €9 | -€19 | -67.9% |
| Non-recurring financial income | 76B | €28 | €9 | -€19 | -67.9% |
| Financial charges | 65/66B | €8,726 | €153 | -€8,573 | -98.2% |
| Recurring financial charges | 65 | €8,726 | €153 | -€8,573 | -98.2% |
| Non-recurring financial charges | 66B | €8,726 | €153 | -€8,573 | -98.2% |
| Profit (loss) for the period before taxes | 9903 | €32,527 | -€40,798 | -€73,325 | |
| Income taxes | 67/77 | €8,161 | €3 | -€8,158 | -100.0% |
| Profit (loss) for the period | 9904 | €24,366 | -€40,801 | -€65,167 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,366 | -€40,801 | -€65,167 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.