KTCC-Construct: what changed
Two fiscal 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.
KTCC-Construct
Largest movements
- Stocks and contracts -€1.8m
down €1.8m (-97.2%), from €1.8m to €51,461
- Receivables within one year +€150,405
up €150,405 (+7187.5%), from €2,093 to €152,497
of which Trade receivables: +€142,449
- Short-term financial debts -€1.1m
down €1.1m (-100.0%), from €1.1m to €0
- Other debts -€726,699
down €726,699 (-85.5%), from €849,928 to €123,229
- Profit (loss) carried forward +€147,558
up €147,558, from -€147,558 to €0
- Reserves +€39,493
new in 2025: €39,493
- Gross operating margin +€290,842
up €290,842, from -€36,193 to €254,649
- Other operating charges -€37,135
down €37,135 (-87.3%), from €42,526 to €5,391
- Financial charges -€29,188
down €29,188 (-36.5%), from €79,877 to €50,689
- Taxes +€11,518
up €11,518, from €0 to €11,518
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.
Cash bridge derived
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 | €1,850,449 | €218,100 | -€1.6m | -88.2% |
| Current assets | 29/58 | €1,850,449 | €218,100 | -€1.6m | -88.2% |
| Stocks and contracts in progress | 3 | €1,821,111 | €51,461 | -€1.8m | -97.2% |
| Stocks | 30/36 | €1,821,111 | €51,461 | -€1.8m | -97.2% |
| Amounts receivable within one year | 40/41 | €2,093 | €152,497 | +€150,405 | +7187.5% |
| Trade receivables | 40 | - | €142,449 | +€142,449 | |
| Other amounts receivable | 41 | €2,093 | €10,049 | +€7,956 | +380.2% |
| Cash at bank and in hand | 54/58 | €27,246 | €14,141 | -€13,105 | -48.1% |
| Total equity and liabilities | 10/49 | €1,850,449 | €218,100 | -€1.6m | -88.2% |
| Equity | 10/15 | -€147,557 | €39,494 | +€187,051 | |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | - | €39,493 | +€39,493 | |
| Distributable reserves | 133 | - | €39,493 | +€39,493 | |
| Profit (loss) carried forward | 14 | -€147,558 | €0 | +€147,558 | |
| Amounts payable | 17/49 | €1,998,006 | €178,606 | -€1.8m | -91.1% |
| Amounts payable within one year | 42/48 | €1,998,006 | €178,606 | -€1.8m | -91.1% |
| Financial debts | 43 | €1,112,000 | €0 | -€1.1m | -100.0% |
| Credit institutions | 430/8 | €1,112,000 | €0 | -€1.1m | -100.0% |
| Trade debts | 44 | €36,062 | €43,859 | +€7,797 | +21.6% |
| Suppliers | 440/4 | €36,062 | €43,859 | +€7,797 | +21.6% |
| Taxes, remuneration and social security | 45 | €17 | €11,518 | +€11,502 | +69708.5% |
| Taxes | 450/3 | €17 | €11,518 | +€11,502 | +69708.5% |
| Other amounts payable | 47/48 | €849,928 | €123,229 | -€726,699 | -85.5% |
| Other operating charges | 640/8 | €42,526 | €5,391 | -€37,135 | -87.3% |
| Gross operating margin | 9900 | -€36,193 | €254,649 | +€290,842 | |
| Operating profit (loss) | 9901 | -€78,719 | €249,258 | +€327,977 | |
| Financial income | 75/76B | €1,233 | €1 | -€1,232 | -99.9% |
| Recurring financial income | 75 | €1,233 | €1 | -€1,232 | -99.9% |
| Financial charges | 65/66B | €79,877 | €50,689 | -€29,188 | -36.5% |
| Recurring financial charges | 65 | €79,877 | €50,689 | -€29,188 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | -€157,364 | €198,570 | +€355,933 | |
| Income taxes | 67/77 | €0 | €11,518 | +€11,518 | |
| Profit (loss) for the period | 9904 | -€157,364 | €187,051 | +€344,415 | |
| Profit (loss) for the period to be appropriated | 9905 | -€157,364 | €187,051 | +€344,415 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.