KVE Construct: what changed
KVE Construct
Largest movements
- Cash -€36,506
down €36,506 (-98.0%), from €37,257 to €751
mainly Trade debts (-€65,321) and Contributions, distributions and other (-€32,000)
- Receivables within one year +€12,888
up €12,888 (+9.4%), from €137,546 to €150,434
of which Other amounts receivable: +€39,289
- Trade debts -€65,321
down €65,321 (-85.1%), from €76,789 to €11,468
- Other debts +€32,000
new in 2024: €32,000
- Tax, wage and social debts +€11,010
new in 2024: €11,010
- Gross operating margin +€49,696
up €49,696 (+638%), from €7,788 to €57,484
- Taxes +€17,613
new in 2024: €17,613
- Write-downs -€7,010
no longer reported in 2024 (was €7,010)
- Financial charges -€6,118
down €6,118 (-38.4%), from €15,951 to €9,833
- Financial income -€4,464
down €4,464 (-82.4%), from €5,419 to €955
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €225,222 | €201,604 | -€23,618 | -10.5% |
| Fixed assets | 21/28 | €4,329 | €4,329 | = | 0.0% |
| Financial fixed assets | 28 | €4,329 | €4,329 | = | 0.0% |
| Current assets | 29/58 | €220,892 | €197,275 | -€23,618 | -10.7% |
| Amounts receivable after more than one year | 29 | €46,089 | €46,089 | = | 0.0% |
| Trade receivables | 290 | €46,089 | €46,089 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €137,546 | €150,434 | +€12,888 | +9.4% |
| Trade receivables | 40 | €110,419 | €84,018 | -€26,401 | -23.9% |
| Other amounts receivable | 41 | €27,127 | €66,415 | +€39,289 | +145% |
| Cash at bank and in hand | 54/58 | €37,257 | €751 | -€36,506 | -98.0% |
| Total equity and liabilities | 10/49 | €225,222 | €201,604 | -€23,618 | -10.5% |
| Equity | 10/15 | €148,433 | €147,126 | -€1,307 | -0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,973 | €126,666 | -€1,307 | -1.0% |
| Amounts payable | 17/49 | €76,789 | €54,478 | -€22,310 | -29.1% |
| Amounts payable within one year | 42/48 | €76,789 | €54,478 | -€22,310 | -29.1% |
| Trade debts | 44 | €76,789 | €11,468 | -€65,321 | -85.1% |
| Suppliers | 440/4 | €76,789 | €11,468 | -€65,321 | -85.1% |
| Taxes, remuneration and social security | 45 | - | €11,010 | +€11,010 | |
| Taxes | 450/3 | - | €11,010 | +€11,010 | |
| Other amounts payable | 47/48 | - | €32,000 | +€32,000 | |
| Non-recurring operating income | 76A | - | €14,868 | +€14,868 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,010 | - | -€7,010 | |
| Other operating charges | 640/8 | €532 | €300 | -€232 | -43.6% |
| Gross operating margin | 9900 | €7,788 | €57,484 | +€49,696 | +638% |
| Operating profit (loss) | 9901 | €245 | €57,184 | +€56,939 | +23,218% |
| Financial income | 75/76B | €5,419 | €955 | -€4,464 | -82.4% |
| Recurring financial income | 75 | €5,419 | €955 | -€4,464 | -82.4% |
| Financial charges | 65/66B | €15,951 | €9,833 | -€6,118 | -38.4% |
| Recurring financial charges | 65 | €15,951 | €9,833 | -€6,118 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,286 | €48,306 | +€58,592 | |
| Income taxes | 67/77 | - | €17,613 | +€17,613 | |
| Profit (loss) for the period | 9904 | -€10,286 | €30,693 | +€40,979 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,286 | €30,693 | +€40,979 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.