KG BOUWTECHNIEK: what changed
What changed
KG BOUWTECHNIEK
NACE 41.003, General construction of other non-residential buildings
filed annual accounts (NBB)
Net result for the year
€58,091
2024 · €21,160+€36,930
Equity
€100,195
2024 · €42,105+€58,091
Cash
€8,304
2024 · €1,586+€6,718
Balance sheet total
€1.2m
2024 · €105,486+€1.1m
Largest movements
Assets
- Receivables within one year +€612,154
up €612,154 (+736%), from €83,142 to €695,296
of which Other amounts receivable: +€413,612
- Tangible fixed assets +€459,261
up €459,261 (+2,338%), from €19,640 to €478,901
of which Land and buildings: +€413,679
Equity and liabilities
- Trade debts +€483,763
up €483,763 (+889%), from €54,416 to €538,179
- Debts after one year +€391,882
new in 2025: €391,882
- Short-term financial debts +€118,846
new in 2025: €118,846
- Reserves +€58,091
new in 2025: €58,091
- Current portion of long-term debt +€31,566
up €31,566, from €0 to €31,566
Income statement
- Gross operating margin +€132,702
up €132,702 (+371%), from €35,811 to €168,514
- Other operating charges +€49,260
up €49,260 (+6,035%), from €816 to €50,076
- Taxes +€24,294
up €24,294 (+360%), from €6,742 to €31,036
- Depreciation +€16,838
up €16,838 (+239%), from €7,050 to €23,888
- Financial charges +€8,951
up €8,951 (+20,803%), from €43 to €8,994
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€21,160
Gross operating margin
+€132,702
Depreciation
-€16,838
Other operating charges
-€49,260
Financial income
+€3,571
Financial charges
-€8,951
Taxes
-€24,294
Result 2025
€58,091
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€52,427
Investment
-€483,149
Financing
+€542,294
Cash 2024
€1,586
From operations (derived)
-€52,427
Net result for the year
+€58,091
Depreciation
+€23,888
Receivables within one year
-€612,154
Deferred charges and accrued income
-€5,145
Trade debts
+€483,763
Tax, wage and social debts
-€869
Investment (derived)
-€483,149
Investment in fixed assets (net)
-€483,149
Financing
+€542,294
Debts after one year
+€391,882
Current portion of long-term debt
+€31,566
Short-term financial debts
+€118,846
Cash 2025
€8,304
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,486 | €1,188,764 | +€1.1m | +1,027% |
| Fixed assets | 21/28 | €19,640 | €478,901 | +€459,261 | +2,338% |
| Tangible fixed assets | 22/27 | €19,640 | €478,901 | +€459,261 | +2,338% |
| Land and buildings | 22 | - | €413,679 | +€413,679 | |
| Furniture and vehicles | 24 | €19,640 | €65,223 | +€45,583 | +232% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €85,845 | €709,862 | +€624,017 | +727% |
| Amounts receivable within one year | 40/41 | €83,142 | €695,296 | +€612,154 | +736% |
| Trade receivables | 40 | €79,382 | €277,924 | +€198,542 | +250% |
| Other amounts receivable | 41 | €3,760 | €417,372 | +€413,612 | +11,001% |
| Cash at bank and in hand | 54/58 | €1,586 | €8,304 | +€6,718 | +423% |
| Deferred charges and accrued income | 490/1 | €1,117 | €6,262 | +€5,145 | +461% |
| Total equity and liabilities | 10/49 | €105,486 | €1,188,764 | +€1.1m | +1,027% |
| Equity | 10/15 | €42,105 | €100,195 | +€58,091 | +138% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €58,091 | +€58,091 | |
| Distributable reserves | 133 | - | €58,091 | +€58,091 | |
| Profit (loss) carried forward | 14 | €32,105 | €32,105 | = | 0.0% |
| Amounts payable | 17/49 | €63,381 | €1,088,569 | +€1.0m | +1,617% |
| Amounts payable after more than one year | 17 | - | €391,882 | +€391,882 | |
| Financial debts | 170/4 | - | €391,882 | +€391,882 | |
| Amounts payable within one year | 42/48 | €63,381 | €696,687 | +€633,306 | +999% |
| Current portion of amounts payable after more than one year | 42 | €0 | €31,566 | +€31,566 | |
| Financial debts | 43 | - | €118,846 | +€118,846 | |
| Credit institutions | 430/8 | - | €118,846 | +€118,846 | |
| Trade debts | 44 | €54,416 | €538,179 | +€483,763 | +889% |
| Suppliers | 440/4 | €54,416 | €538,179 | +€483,763 | +889% |
| Taxes, remuneration and social security | 45 | €8,965 | €8,096 | -€869 | -9.7% |
| Taxes | 450/3 | €6,308 | €8,096 | +€1,788 | +28.3% |
| Remuneration and social security | 454/9 | €2,657 | €0 | -€2,657 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,050 | €23,888 | +€16,838 | +239% |
| Other operating charges | 640/8 | €816 | €50,076 | +€49,260 | +6,035% |
| Gross operating margin | 9900 | €35,811 | €168,514 | +€132,702 | +371% |
| Operating profit (loss) | 9901 | €27,945 | €94,550 | +€66,604 | +238% |
| Financial income | 75/76B | - | €3,571 | +€3,571 | |
| Recurring financial income | 75 | - | €3,571 | +€3,571 | |
| Financial charges | 65/66B | €43 | €8,994 | +€8,951 | +20,803% |
| Recurring financial charges | 65 | €43 | €8,994 | +€8,951 | +20,803% |
| Profit (loss) for the period before taxes | 9903 | €27,902 | €89,127 | +€61,224 | +219% |
| Income taxes | 67/77 | €6,742 | €31,036 | +€24,294 | +360% |
| Profit (loss) for the period | 9904 | €21,160 | €58,091 | +€36,930 | +175% |
| Profit (loss) for the period to be appropriated | 9905 | €21,160 | €58,091 | +€36,930 | +175% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.