KWZ BUILDING: 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.
KWZ BUILDING
Largest movements
- Cash +€7,046
up €7,046 (+435%), from €1,618 to €8,664
mainly Advances received (+€8,925) and Net result for the year (+€4,784)
- Receivables within one year +€3,877
up €3,877 (+1,054%), from €368 to €4,245
of which Other amounts receivable: +€2,914
- Tangible fixed assets -€650
down €650 (-50.0%), from €1,299 to €650
- Advances received +€8,925
new in 2025: €8,925
- Profit (loss) carried forward +€4,784
up €4,784 (+25.1%), from -€19,056 to -€14,273
- Trade debts -€3,948
down €3,948 (-45.3%), from €8,715 to €4,766
- Other debts +€514
up €514 (+4.7%), from €10,877 to €11,391
- Gross operating margin +€16,578
up €16,578, from -€13,933 to €2,645
- Taxes -€7,038
down €7,038, from €4,038 to -€3,000
- Depreciation -€542
down €542 (-45.5%), from €1,192 to €650
- Other operating charges -€255
no longer reported in 2025 (was €255)
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.
Derived cash bridge
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 | €3,285 | €13,559 | +€10,274 | +313% |
| Fixed assets | 21/28 | €1,299 | €650 | -€650 | -50.0% |
| Tangible fixed assets | 22/27 | €1,299 | €650 | -€650 | -50.0% |
| Furniture and vehicles | 24 | €1,299 | €650 | -€650 | -50.0% |
| Current assets | 29/58 | €1,986 | €12,910 | +€10,924 | +550% |
| Amounts receivable within one year | 40/41 | €368 | €4,245 | +€3,877 | +1,054% |
| Trade receivables | 40 | - | €964 | +€964 | |
| Other amounts receivable | 41 | €368 | €3,281 | +€2,914 | +792% |
| Cash at bank and in hand | 54/58 | €1,618 | €8,664 | +€7,046 | +435% |
| Total equity and liabilities | 10/49 | €3,285 | €13,559 | +€10,274 | +313% |
| Equity | 10/15 | -€16,306 | -€11,523 | +€4,784 | +29.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Other | 1109/19 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €250 | €250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €250 | €250 | = | 0.0% |
| Other | 1319 | €250 | €250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,056 | -€14,273 | +€4,784 | +25.1% |
| Amounts payable | 17/49 | €19,592 | €25,082 | +€5,490 | +28.0% |
| Amounts payable within one year | 42/48 | €19,592 | €25,082 | +€5,490 | +28.0% |
| Trade debts | 44 | €8,715 | €4,766 | -€3,948 | -45.3% |
| Suppliers | 440/4 | €8,715 | €4,766 | -€3,948 | -45.3% |
| Advances received on contracts in progress | 46 | - | €8,925 | +€8,925 | |
| Other amounts payable | 47/48 | €10,877 | €11,391 | +€514 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,192 | €650 | -€542 | -45.5% |
| Other operating charges | 640/8 | €255 | - | -€255 | |
| Gross operating margin | 9900 | -€13,933 | €2,645 | +€16,578 | |
| Operating profit (loss) | 9901 | -€15,379 | €1,996 | +€17,375 | |
| Financial charges | 65/66B | €342 | €212 | -€131 | -38.1% |
| Recurring financial charges | 65 | €342 | €212 | -€131 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,721 | €1,784 | +€17,505 | |
| Income taxes | 67/77 | €4,038 | -€3,000 | -€7,038 | |
| Profit (loss) for the period | 9904 | -€19,760 | €4,784 | +€24,544 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,760 | €4,784 | +€24,544 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.