KG CONSTRUCT COMPANY: 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 CONSTRUCT COMPANY
Largest movements
- Receivables within one year +€3,351
up €3,351 (+47.9%), from €6,995 to €10,346
of which Trade receivables: +€3,389
- Cash +€2,987
up €2,987 (+63.1%), from €4,734 to €7,721
mainly Other debts (+€2,822) and Net result for the year (+€2,060)
- Deferred charges and accrued income -€1,400
down €1,400 (-23.3%), from €6,000 to €4,600
- Tangible fixed assets -€754
down €754 (-40.7%), from €1,851 to €1,097
of which Plant, machinery and equipment: -€474
- Other debts +€2,822
up €2,822 (+22.1%), from €12,740 to €15,562
- Reserves +€2,060
up €2,060 (+85.1%), from €2,420 to €4,480
- Trade debts -€1,240
down €1,240 (-95.9%), from €1,293 to €53
- Tax, wage and social debts +€542
up €542 (+73.1%), from €741 to €1,283
of which Remuneration and social security: +€1,283
- Staff costs -€3,982
down €3,982, from €2,883 to -€1,099
- Gross operating margin -€2,386
down €2,386 (-40.7%), from €5,868 to €3,483
- Other operating charges +€500
up €500 (+93.3%), from €536 to €1,036
- Taxes -€61
down €61 (-8.3%), from €741 to €680
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 | €19,630 | €23,814 | +€4,184 | +21.3% |
| Fixed assets | 21/28 | €1,901 | €1,147 | -€754 | -39.7% |
| Tangible fixed assets | 22/27 | €1,851 | €1,097 | -€754 | -40.7% |
| Plant, machinery and equipment | 23 | €1,536 | €1,061 | -€474 | -30.9% |
| Furniture and vehicles | 24 | €315 | €35 | -€280 | -88.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €17,729 | €22,667 | +€4,938 | +27.9% |
| Amounts receivable within one year | 40/41 | €6,995 | €10,346 | +€3,351 | +47.9% |
| Trade receivables | 40 | €5,135 | €8,524 | +€3,389 | +66.0% |
| Other amounts receivable | 41 | €1,860 | €1,822 | -€38 | -2.0% |
| Cash at bank and in hand | 54/58 | €4,734 | €7,721 | +€2,987 | +63.1% |
| Deferred charges and accrued income | 490/1 | €6,000 | €4,600 | -€1,400 | -23.3% |
| Total equity and liabilities | 10/49 | €19,630 | €23,814 | +€4,184 | +21.3% |
| Equity | 10/15 | €4,855 | €6,915 | +€2,060 | +42.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €2,420 | €4,480 | +€2,060 | +85.1% |
| Distributable reserves | 133 | €2,420 | €4,480 | +€2,060 | +85.1% |
| Profit (loss) carried forward | 14 | €435 | €435 | +€0 | 0.0% |
| Amounts payable | 17/49 | €14,774 | €16,898 | +€2,124 | +14.4% |
| Amounts payable within one year | 42/48 | €14,774 | €16,898 | +€2,124 | +14.4% |
| Trade debts | 44 | €1,293 | €53 | -€1,240 | -95.9% |
| Suppliers | 440/4 | €1,293 | €53 | -€1,240 | -95.9% |
| Taxes, remuneration and social security | 45 | €741 | €1,283 | +€542 | +73.1% |
| Taxes | 450/3 | €741 | - | -€741 | |
| Remuneration and social security | 454/9 | - | €1,283 | +€1,283 | |
| Other amounts payable | 47/48 | €12,740 | €15,562 | +€2,822 | +22.1% |
| Remuneration, social security and pensions | 62 | €2,883 | -€1,099 | -€3,982 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €754 | €754 | = | 0.0% |
| Other operating charges | 640/8 | €536 | €1,036 | +€500 | +93.3% |
| Gross operating margin | 9900 | €5,868 | €3,483 | -€2,386 | -40.7% |
| Operating profit (loss) | 9901 | €1,695 | €2,791 | +€1,096 | +64.7% |
| Financial charges | 65/66B | €46 | €51 | +€5 | +10.1% |
| Recurring financial charges | 65 | €46 | €51 | +€5 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €1,649 | €2,740 | +€1,092 | +66.2% |
| Income taxes | 67/77 | €741 | €680 | -€61 | -8.3% |
| Profit (loss) for the period | 9904 | €907 | €2,060 | +€1,153 | +127% |
| Profit (loss) for the period to be appropriated | 9905 | €907 | €2,060 | +€1,153 | +127% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.