KNK 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.
KNK CONSTRUCT
Largest movements
- Receivables within one year +€34,797
up €34,797 (+74.9%), from €46,469 to €81,267
of which Trade receivables: +€34,922
- Cash -€34,377
down €34,377 (-85.3%), from €40,320 to €5,943
mainly Receivables within one year (-€34,797) and Net result for the year (-€9,171)
- Tangible fixed assets -€3,731
no longer reported in 2024 (was €3,731)
- Deferred charges and accrued income -€2,423
no longer reported in 2024 (was €2,423)
- Profit (loss) carried forward -€9,171
down €9,171 (-23.6%), from €38,839 to €29,668
- Trade debts +€3,814
up €3,814 (+20.3%), from €18,822 to €22,636
- Gross operating margin -€35,236
down €35,236, from €33,490 to -€1,746
- Financial charges -€10,148
down €10,148 (-98.5%), from €10,303 to €155
- Taxes -€3,359
down €3,359 (-95.6%), from €3,513 to €153
- Depreciation -€2,880
down €2,880 (-43.6%), from €6,610 to €3,731
- Other operating charges -€951
down €951 (-29.0%), from €3,283 to €2,332
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,965 | €87,232 | -€5,733 | -6.2% |
| Fixed assets | 21/28 | €3,753 | €22 | -€3,731 | -99.4% |
| Tangible fixed assets | 22/27 | €3,731 | - | -€3,731 | |
| Furniture and vehicles | 24 | €3,731 | - | -€3,731 | |
| Financial fixed assets | 28 | €22 | €22 | = | 0.0% |
| Current assets | 29/58 | €89,212 | €87,210 | -€2,002 | -2.2% |
| Amounts receivable within one year | 40/41 | €46,469 | €81,267 | +€34,797 | +74.9% |
| Trade receivables | 40 | €41,548 | €76,470 | +€34,922 | +84.1% |
| Other amounts receivable | 41 | €4,921 | €4,796 | -€125 | -2.5% |
| Cash at bank and in hand | 54/58 | €40,320 | €5,943 | -€34,377 | -85.3% |
| Deferred charges and accrued income | 490/1 | €2,423 | - | -€2,423 | |
| Total equity and liabilities | 10/49 | €92,965 | €87,232 | -€5,733 | -6.2% |
| Equity | 10/15 | €48,839 | €39,668 | -€9,171 | -18.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | - | -€10,000 | |
| Other | 1109/19 | €10,000 | - | -€10,000 | |
| Profit (loss) carried forward | 14 | €38,839 | €29,668 | -€9,171 | -23.6% |
| Amounts payable | 17/49 | €44,126 | €47,564 | +€3,438 | +7.8% |
| Amounts payable within one year | 42/48 | €44,126 | €47,564 | +€3,438 | +7.8% |
| Trade debts | 44 | €18,822 | €22,636 | +€3,814 | +20.3% |
| Suppliers | 440/4 | €18,822 | €22,636 | +€3,814 | +20.3% |
| Advances received on contracts in progress | 46 | €1,900 | €1,900 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,069 | €2,223 | +€153 | +7.4% |
| Taxes | 450/3 | €2,069 | €2,223 | +€153 | +7.4% |
| Other amounts payable | 47/48 | €21,335 | €20,806 | -€530 | -2.5% |
| Remuneration, social security and pensions | 62 | €1,607 | €1,052 | -€554 | -34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,610 | €3,731 | -€2,880 | -43.6% |
| Other operating charges | 640/8 | €3,283 | €2,332 | -€951 | -29.0% |
| Gross operating margin | 9900 | €33,490 | -€1,746 | -€35,236 | |
| Operating profit (loss) | 9901 | €21,990 | -€8,862 | -€30,852 | |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €10,303 | €155 | -€10,148 | -98.5% |
| Recurring financial charges | 65 | €10,303 | €155 | -€10,148 | -98.5% |
| Profit (loss) for the period before taxes | 9903 | €11,694 | -€9,017 | -€20,711 | |
| Income taxes | 67/77 | €3,513 | €153 | -€3,359 | -95.6% |
| Profit (loss) for the period | 9904 | €8,181 | -€9,171 | -€17,352 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,181 | -€9,171 | -€17,352 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.