PK Construct & Consulting: what changed
What changed
PK Construct & Consulting
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
-€165,859
2024 · -€43,957-€121,901
Equity
-€131,763
2024 · €34,096-€165,859
Cash
€20,107
2024 · €18,278+€1,828
Balance sheet total
€2.0m
2024 · €2.3m-€301,460
Largest movements
Assets
- Stocks and contracts -€255,033
down €255,033 (-12.4%), from €2.1m to €1.8m
- Tangible fixed assets -€47,909
down €47,909 (-28.2%), from €170,055 to €122,146
of which Furniture and vehicles: -€51,459
Equity and liabilities
- Short-term financial debts -€410,856
down €410,856 (-29.1%), from €1.4m to €1.0m
- Other debts +€316,451
up €316,451 (+46.5%), from €680,369 to €996,820
- Profit (loss) carried forward -€165,859
down €165,859, from €24,096 to -€141,763
- Debts after one year -€26,250
down €26,250 (-33.7%), from €77,916 to €51,667
Income statement
- Financial charges +€44,690
up €44,690 (+1,181%), from €3,783 to €48,472
- Gross operating margin -€44,628
down €44,628 (-92.4%), from €48,306 to €3,678
- Financial income -€18,458
down €18,458 (-88.4%), from €20,873 to €2,416
- Depreciation +€15,298
up €15,298 (+41.1%), from €37,258 to €52,556
- Other operating charges -€2,048
down €2,048 (-44.4%), from €4,610 to €2,562
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
-€43,957
Gross operating margin
-€44,628
Staff costs
-€768
Depreciation
-€15,298
Other operating charges
+€2,048
Financial income
-€18,458
Financial charges
-€44,690
Taxes
-€108
Result 2025
-€165,859
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
+€455,934
Investment
-€4,500
Financing
-€449,606
Cash 2024
€18,278
From operations (derived)
+€455,934
Net result for the year
-€165,859
Depreciation
+€52,556
Stocks and contracts
+€255,033
Receivables within one year
-€3,397
Deferred charges and accrued income
+€3,596
Trade debts
+€6,520
Tax, wage and social debts
-€4
Other debts
+€316,451
Accrued charges and deferred income
-€8,962
Investment (derived)
-€4,500
Investment in fixed assets (net)
-€4,500
Financing
-€449,606
Debts after one year
-€26,250
Current portion of long-term debt
-€12,500
Short-term financial debts
-€410,856
Cash 2025
€20,107
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,279,578 | €1,978,118 | -€301,460 | -13.2% |
| Formation expenses | 20 | €11 | €0 | -€11 | -100% |
| Fixed assets | 21/28 | €170,858 | €122,812 | -€48,045 | -28.1% |
| Intangible fixed assets | 21 | €137 | €0 | -€137 | -100% |
| Tangible fixed assets | 22/27 | €170,055 | €122,146 | -€47,909 | -28.2% |
| Plant, machinery and equipment | 23 | €342 | €3,892 | +€3,550 | +1,039% |
| Furniture and vehicles | 24 | €169,713 | €118,255 | -€51,459 | -30.3% |
| Financial fixed assets | 28 | €666 | €666 | = | 0.0% |
| Current assets | 29/58 | €2,108,709 | €1,855,306 | -€253,404 | -12.0% |
| Stocks and contracts in progress | 3 | €2,051,459 | €1,796,427 | -€255,033 | -12.4% |
| Stocks | 30/36 | €2,051,459 | €1,796,427 | -€255,033 | -12.4% |
| Amounts receivable within one year | 40/41 | €26,994 | €30,391 | +€3,397 | +12.6% |
| Trade receivables | 40 | €26,994 | €30,391 | +€3,397 | +12.6% |
| Cash at bank and in hand | 54/58 | €18,278 | €20,107 | +€1,828 | +10.0% |
| Deferred charges and accrued income | 490/1 | €11,977 | €8,381 | -€3,596 | -30.0% |
| Total equity and liabilities | 10/49 | €2,279,578 | €1,978,118 | -€301,460 | -13.2% |
| Equity | 10/15 | €34,096 | -€131,763 | -€165,859 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,096 | -€141,763 | -€165,859 | |
| Amounts payable | 17/49 | €2,245,482 | €2,109,881 | -€135,601 | -6.0% |
| Amounts payable after more than one year | 17 | €77,916 | €51,667 | -€26,250 | -33.7% |
| Financial debts | 170/4 | €77,916 | €51,667 | -€26,250 | -33.7% |
| Amounts payable within one year | 42/48 | €2,158,604 | €2,058,214 | -€100,389 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €32,500 | €20,000 | -€12,500 | -38.5% |
| Financial debts | 43 | €1,410,856 | €1,000,000 | -€410,856 | -29.1% |
| Credit institutions | 430/8 | €1,410,856 | €1,000,000 | -€410,856 | -29.1% |
| Trade debts | 44 | €16,693 | €23,212 | +€6,520 | +39.1% |
| Suppliers | 440/4 | €16,693 | €23,212 | +€6,520 | +39.1% |
| Taxes, remuneration and social security | 45 | €18,186 | €18,182 | -€4 | 0.0% |
| Taxes | 450/3 | €7,454 | €7,639 | +€185 | +2.5% |
| Remuneration and social security | 454/9 | €10,732 | €10,543 | -€189 | -1.8% |
| Other amounts payable | 47/48 | €680,369 | €996,820 | +€316,451 | +46.5% |
| Accrued charges and deferred income | 492/3 | €8,962 | €0 | -€8,962 | -100% |
| Non-recurring operating income | 76A | €543 | €0 | -€543 | -100% |
| Remuneration, social security and pensions | 62 | €66,903 | €67,670 | +€768 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,258 | €52,556 | +€15,298 | +41.1% |
| Other operating charges | 640/8 | €4,610 | €2,562 | -€2,048 | -44.4% |
| Gross operating margin | 9900 | €48,306 | €3,678 | -€44,628 | -92.4% |
| Operating profit (loss) | 9901 | -€60,465 | -€119,111 | -€58,645 | -97.0% |
| Financial income | 75/76B | €20,873 | €2,416 | -€18,458 | -88.4% |
| Recurring financial income | 75 | €20,873 | €2,416 | -€18,458 | -88.4% |
| Financial charges | 65/66B | €3,783 | €48,472 | +€44,690 | +1,181% |
| Recurring financial charges | 65 | €3,783 | €48,472 | +€44,690 | +1,181% |
| Profit (loss) for the period before taxes | 9903 | -€43,374 | -€165,167 | -€121,793 | -281% |
| Income taxes | 67/77 | €583 | €691 | +€108 | +18.6% |
| Profit (loss) for the period | 9904 | -€43,957 | -€165,859 | -€121,901 | -277% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,957 | -€165,859 | -€121,901 | -277% |
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 1 November 2026 via checked.be.