Koninckx Projects: 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.
Koninckx Projects
Largest movements
- Tangible fixed assets +€775,888
up €775,888 (+116%), from €667,873 to €1.4m
of which Land and buildings: +€777,629
- Receivables within one year +€70,890
up €70,890 (+44.4%), from €159,720 to €230,610
of which Other amounts receivable: +€41,850
- Cash +€19,003
up €19,003 (+32.2%), from €59,104 to €78,107
mainly Other debts (+€843,774) and Depreciation (+€70,813)
- Other debts +€843,774
up €843,774 (+19,051%), from €4,429 to €848,203
- Reserves +€54,142
up €54,142 (+25.3%), from €214,416 to €268,557
- Debts after one year -€36,858
down €36,858 (-6.5%), from €566,304 to €529,446
- Short-term financial debts +€30,612
new in 2026: €30,612
- Tax, wage and social debts -€26,163
down €26,163 (-44.2%), from €59,176 to €33,013
of which Taxes: -€26,213
- Other operating charges +€70,489
up €70,489 (+878%), from €8,027 to €78,516
- Gross operating margin +€57,032
up €57,032 (+29.2%), from €195,252 to €252,284
- Depreciation +€31,961
up €31,961 (+82.3%), from €38,853 to €70,813
- Taxes -€12,663
down €12,663 (-35.3%), from €35,883 to €23,219
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €886,697 | €1,753,867 | +€867,169 | +97.8% |
| Fixed assets | 21/28 | €667,873 | €1,443,761 | +€775,888 | +116% |
| Tangible fixed assets | 22/27 | €667,873 | €1,443,761 | +€775,888 | +116% |
| Land and buildings | 22 | €640,132 | €1,417,761 | +€777,629 | +121% |
| Plant, machinery and equipment | 23 | €2,807 | €2,255 | -€552 | -19.7% |
| Furniture and vehicles | 24 | €756 | €2,736 | +€1,980 | +262% |
| Other tangible fixed assets | 26 | €24,178 | €21,009 | -€3,169 | -13.1% |
| Current assets | 29/58 | €218,824 | €310,106 | +€91,282 | +41.7% |
| Amounts receivable within one year | 40/41 | €159,720 | €230,610 | +€70,890 | +44.4% |
| Trade receivables | 40 | €159,720 | €188,760 | +€29,040 | +18.2% |
| Other amounts receivable | 41 | - | €41,850 | +€41,850 | |
| Cash at bank and in hand | 54/58 | €59,104 | €78,107 | +€19,003 | +32.2% |
| Deferred charges and accrued income | 490/1 | - | €1,389 | +€1,389 | |
| Total equity and liabilities | 10/49 | €886,697 | €1,753,867 | +€867,169 | +97.8% |
| Equity | 10/15 | €219,416 | €273,557 | +€54,142 | +24.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €214,416 | €268,557 | +€54,142 | +25.3% |
| Distributable reserves | 133 | €214,416 | €268,557 | +€54,142 | +25.3% |
| Amounts payable | 17/49 | €667,282 | €1,480,309 | +€813,028 | +122% |
| Amounts payable after more than one year | 17 | €566,304 | €529,446 | -€36,858 | -6.5% |
| Financial debts | 170/4 | €566,304 | €529,446 | -€36,858 | -6.5% |
| Amounts payable within one year | 42/48 | €99,313 | €949,609 | +€850,296 | +856% |
| Current portion of amounts payable after more than one year | 42 | €35,409 | €36,858 | +€1,448 | +4.1% |
| Financial debts | 43 | - | €30,612 | +€30,612 | |
| Credit institutions | 430/8 | - | €30,612 | +€30,612 | |
| Trade debts | 44 | €299 | €924 | +€625 | +209% |
| Suppliers | 440/4 | €299 | €924 | +€625 | +209% |
| Taxes, remuneration and social security | 45 | €59,176 | €33,013 | -€26,163 | -44.2% |
| Taxes | 450/3 | €58,002 | €31,790 | -€26,213 | -45.2% |
| Remuneration and social security | 454/9 | €1,173 | €1,223 | +€50 | +4.3% |
| Other amounts payable | 47/48 | €4,429 | €848,203 | +€843,774 | +19,051% |
| Accrued charges and deferred income | 492/3 | €1,665 | €1,254 | -€411 | -24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,853 | €70,813 | +€31,961 | +82.3% |
| Other operating charges | 640/8 | €8,027 | €78,516 | +€70,489 | +878% |
| Gross operating margin | 9900 | €195,252 | €252,284 | +€57,032 | +29.2% |
| Operating profit (loss) | 9901 | €148,372 | €102,955 | -€45,417 | -30.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €24,964 | €25,594 | +€629 | +2.5% |
| Recurring financial charges | 65 | €24,964 | €25,594 | +€629 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €123,408 | €77,361 | -€46,047 | -37.3% |
| Income taxes | 67/77 | €35,883 | €23,219 | -€12,663 | -35.3% |
| Profit (loss) for the period | 9904 | €87,525 | €54,142 | -€33,383 | -38.1% |
| Profit (loss) for the period to be appropriated | 9905 | €87,525 | €54,142 | -€33,383 | -38.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.