KMK CONSTRUCTION: 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.
KMK CONSTRUCTION
Largest movements
- Receivables within one year +€568,578
up €568,578 (+232%), from €245,587 to €814,165
of which Other amounts receivable: +€550,730
- Cash -€19,401
down €19,401 (-45.2%), from €42,889 to €23,488
mainly Receivables within one year (-€568,578) and Tax, wage and social debts (-€21,320)
- Trade debts +€494,450
up €494,450 (+311%), from €158,933 to €653,383
- Accrued charges and deferred income +€40,559
new in 2025: €40,559
- Profit (loss) carried forward +€38,801
up €38,801 (+60.0%), from €64,636 to €103,437
- Tax, wage and social debts -€21,320
down €21,320 (-37.2%), from €57,323 to €36,002
- Gross operating margin +€20,620
up €20,620 (+50.3%), from €41,031 to €61,651
- Write-downs +€3,676
new in 2025: €3,676
- Taxes +€3,427
up €3,427 (+31.4%), from €10,925 to €14,352
- Other operating charges +€2,238
up €2,238 (+274%), from €816 to €3,054
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 | €292,820 | €846,114 | +€553,294 | +189% |
| Fixed assets | 21/28 | €1,844 | €5,960 | +€4,116 | +223% |
| Tangible fixed assets | 22/27 | €1,844 | €5,960 | +€4,116 | +223% |
| Plant, machinery and equipment | 23 | €1,844 | €5,555 | +€3,711 | +201% |
| Furniture and vehicles | 24 | - | €405 | +€405 | |
| Current assets | 29/58 | €290,976 | €840,153 | +€549,178 | +189% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €245,587 | €814,165 | +€568,578 | +232% |
| Trade receivables | 40 | €190,473 | €208,322 | +€17,849 | +9.4% |
| Other amounts receivable | 41 | €55,114 | €605,843 | +€550,730 | +999% |
| Cash at bank and in hand | 54/58 | €42,889 | €23,488 | -€19,401 | -45.2% |
| Total equity and liabilities | 10/49 | €292,820 | €846,114 | +€553,294 | +189% |
| Equity | 10/15 | €71,022 | €109,823 | +€38,801 | +54.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €186 | €186 | = | 0.0% |
| Non-distributable reserves | 130/1 | €186 | €186 | = | 0.0% |
| Reserves not available under the articles | 1311 | €186 | €186 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,636 | €103,437 | +€38,801 | +60.0% |
| Amounts payable | 17/49 | €221,797 | €736,291 | +€514,493 | +232% |
| Amounts payable within one year | 42/48 | €221,797 | €695,731 | +€473,934 | +214% |
| Trade debts | 44 | €158,933 | €653,383 | +€494,450 | +311% |
| Suppliers | 440/4 | €158,933 | €653,383 | +€494,450 | +311% |
| Taxes, remuneration and social security | 45 | €57,323 | €36,002 | -€21,320 | -37.2% |
| Taxes | 450/3 | €57,323 | €36,002 | -€21,320 | -37.2% |
| Other amounts payable | 47/48 | €5,542 | €6,346 | +€805 | +14.5% |
| Accrued charges and deferred income | 492/3 | - | €40,559 | +€40,559 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €515 | €867 | +€351 | +68.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,676 | +€3,676 | |
| Other operating charges | 640/8 | €816 | €3,054 | +€2,238 | +274% |
| Gross operating margin | 9900 | €41,031 | €61,651 | +€20,620 | +50.3% |
| Operating profit (loss) | 9901 | €39,700 | €54,055 | +€14,355 | +36.2% |
| Financial income | 75/76B | €194 | - | -€194 | |
| Recurring financial income | 75 | €194 | - | -€194 | |
| Financial charges | 65/66B | €386 | €902 | +€517 | +134% |
| Recurring financial charges | 65 | €386 | €902 | +€517 | +134% |
| Profit (loss) for the period before taxes | 9903 | €39,507 | €53,153 | +€13,645 | +34.5% |
| Income taxes | 67/77 | €10,925 | €14,352 | +€3,427 | +31.4% |
| Profit (loss) for the period | 9904 | €28,583 | €38,801 | +€10,218 | +35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,583 | €38,801 | +€10,218 | +35.7% |
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 15 October 2026 via checked.be.