Kong Technics: what changed
What changed
Kong Technics
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€25,325
2024 · €60,099-€34,774
Equity
€88,425
2024 · €63,099+€25,325
Cash
€11,067
2024 · €13,592-€2,526
Balance sheet total
€145,147
2024 · €97,772+€47,375
Largest movements
Assets
- Stocks and contracts +€28,524
new in 2025: €28,524
- Financial fixed assets +€19,291
up €19,291 (+129%), from €15,000 to €34,291
- Cash -€2,526
down €2,526 (-18.6%), from €13,592 to €11,067
mainly Stocks and contracts (-€28,524) and Investment in fixed assets (net) (-€22,203)
- Tangible fixed assets +€1,910
up €1,910 (+102%), from €1,874 to €3,784
Equity and liabilities
- Trade debts +€30,246
up €30,246 (+175%), from €17,315 to €47,561
- Profit (loss) carried forward +€25,325
up €25,325 (+42.1%), from €60,099 to €85,425
- Current portion of long-term debt -€15,222
down €15,222 (-100%), from €15,222 to €0
- Tax, wage and social debts +€7,682
up €7,682 (+650%), from €1,181 to €8,863
Income statement
- Gross operating margin -€48,980
down €48,980 (-57.1%), from €85,829 to €36,849
- Taxes -€8,721
down €8,721 (-53.2%), from €16,403 to €7,682
- Financial charges -€5,452
down €5,452 (-75.0%), from €7,271 to €1,819
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
€60,099
Gross operating margin
-€48,980
Depreciation
+€729
Other operating charges
-€831
Financial income
+€134
Financial charges
+€5,452
Taxes
+€8,721
Result 2025
€25,325
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
+€34,899
Investment
-€22,203
Financing
-€15,222
Cash 2024
€13,592
From operations (derived)
+€34,899
Net result for the year
+€25,325
Depreciation
+€1,026
Stocks and contracts
-€28,524
Receivables within one year
-€574
Deferred charges and accrued income
+€375
Trade debts
+€30,246
Tax, wage and social debts
+€7,682
Advances received
+€298
Other debts
-€955
Investment (derived)
-€22,203
Investment in fixed assets (net)
-€22,203
Financing
-€15,222
Current portion of long-term debt
-€15,222
Cash 2025
€11,067
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,772 | €145,147 | +€47,375 | +48.5% |
| Fixed assets | 21/28 | €18,139 | €39,316 | +€21,177 | +117% |
| Intangible fixed assets | 21 | €1,265 | €1,242 | -€23 | -1.9% |
| Tangible fixed assets | 22/27 | €1,874 | €3,784 | +€1,910 | +102% |
| Plant, machinery and equipment | 23 | €1,874 | €3,784 | +€1,910 | +102% |
| Financial fixed assets | 28 | €15,000 | €34,291 | +€19,291 | +129% |
| Current assets | 29/58 | €79,633 | €105,831 | +€26,198 | +32.9% |
| Stocks and contracts in progress | 3 | - | €28,524 | +€28,524 | |
| Stocks | 30/36 | - | €28,524 | +€28,524 | |
| Amounts receivable within one year | 40/41 | €65,666 | €66,240 | +€574 | +0.9% |
| Trade receivables | 40 | €58,301 | €48,193 | -€10,108 | -17.3% |
| Other amounts receivable | 41 | €7,365 | €18,047 | +€10,682 | +145% |
| Cash at bank and in hand | 54/58 | €13,592 | €11,067 | -€2,526 | -18.6% |
| Deferred charges and accrued income | 490/1 | €375 | €0 | -€375 | -100% |
| Total equity and liabilities | 10/49 | €97,772 | €145,147 | +€47,375 | +48.5% |
| Equity | 10/15 | €63,099 | €88,425 | +€25,325 | +40.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,099 | €85,425 | +€25,325 | +42.1% |
| Amounts payable | 17/49 | €34,673 | €56,722 | +€22,049 | +63.6% |
| Amounts payable within one year | 42/48 | €34,673 | €56,722 | +€22,049 | +63.6% |
| Current portion of amounts payable after more than one year | 42 | €15,222 | €0 | -€15,222 | -100% |
| Trade debts | 44 | €17,315 | €47,561 | +€30,246 | +175% |
| Suppliers | 440/4 | €17,315 | €47,561 | +€30,246 | +175% |
| Advances received on contracts in progress | 46 | - | €298 | +€298 | |
| Taxes, remuneration and social security | 45 | €1,181 | €8,863 | +€7,682 | +650% |
| Taxes | 450/3 | €1,181 | €8,863 | +€7,682 | +650% |
| Other amounts payable | 47/48 | €955 | €0 | -€955 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,755 | €1,026 | -€729 | -41.6% |
| Other operating charges | 640/8 | €518 | €1,349 | +€831 | +161% |
| Gross operating margin | 9900 | €85,829 | €36,849 | -€48,980 | -57.1% |
| Operating profit (loss) | 9901 | €83,556 | €34,474 | -€49,082 | -58.7% |
| Financial income | 75/76B | €218 | €352 | +€134 | +61.5% |
| Recurring financial income | 75 | €218 | €352 | +€134 | +61.5% |
| Financial charges | 65/66B | €7,271 | €1,819 | -€5,452 | -75.0% |
| Recurring financial charges | 65 | €7,271 | €1,819 | -€5,452 | -75.0% |
| Profit (loss) for the period before taxes | 9903 | €76,503 | €33,007 | -€43,496 | -56.9% |
| Income taxes | 67/77 | €16,403 | €7,682 | -€8,721 | -53.2% |
| Profit (loss) for the period | 9904 | €60,099 | €25,325 | -€34,774 | -57.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,099 | €25,325 | -€34,774 | -57.9% |
Next steps
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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.