TURNHOUT KANTOREN CONSTRUCT: what changed
What changed
TURNHOUT KANTOREN CONSTRUCT
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
-€4,415
2024 · -€3,372-€1,043
Equity
€244,271
2024 · €46,186+€198,085
Cash
€75,358
2024 · €83,754-€8,396
Balance sheet total
€2.1m
2024 · €2.0m+€58,688
Largest movements
Assets
- Stocks and contracts +€80,141
up €80,141 (+4.3%), from €1.9m to €1.9m
Equity and liabilities
- Contributions +€202,500
up €202,500 (+300%), from €67,500 to €270,000
- Debts after one year -€202,500
down €202,500 (-19.3%), from €1.1m to €847,500
- Accrued charges and deferred income +€78,746
up €78,746 (+9.0%), from €875,807 to €954,553
Income statement
- Goods and materials -€820,837
down €820,837 (-99.8%), from €822,232 to €1,395
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
-€3,372
Other operating charges
-€613
Other operating items
-€428
Financial charges
-€1
Result 2025
-€4,415
lowers the resultnot broken down further in the accounts
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
-€8,396
Investment
€0
Financing
€0
Cash 2024
€83,754
From operations (derived)
-€8,396
Net result for the year
-€4,415
Stocks and contracts
-€80,141
Receivables within one year
+€13,057
Trade debts
-€15,643
Accrued charges and deferred income
+€78,746
Financing
€0
Debts after one year
-€202,500
Contributions, distributions and other
+€202,500
Cash 2025
€75,358
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,993,976 | €2,052,664 | +€58,688 | +2.9% |
| Current assets | 29/58 | €1,993,976 | €2,052,664 | +€58,688 | +2.9% |
| Stocks and contracts in progress | 3 | €1,867,523 | €1,947,664 | +€80,141 | +4.3% |
| Stocks | 30/36 | €1,867,523 | €1,947,664 | +€80,141 | +4.3% |
| Property held for sale | 35 | €1,867,523 | €1,947,664 | +€80,141 | +4.3% |
| Amounts receivable within one year | 40/41 | €13,059 | €1 | -€13,057 | -100.0% |
| Trade receivables | 40 | €13,058 | €0 | -€13,058 | -100% |
| Other amounts receivable | 41 | €1 | €1 | +€0 | +2.6% |
| Cash at bank and in hand | 54/58 | €83,754 | €75,358 | -€8,396 | -10.0% |
| Deferred charges and accrued income | 490/1 | €29,640 | €29,640 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,993,976 | €2,052,664 | +€58,688 | +2.9% |
| Equity | 10/15 | €46,186 | €244,271 | +€198,085 | +429% |
| Contributions | 10/11 | €67,500 | €270,000 | +€202,500 | +300% |
| Capital | 10 | €67,500 | €270,000 | +€202,500 | +300% |
| Issued capital | 100 | €270,000 | €270,000 | = | 0.0% |
| Uncalled capital | 101 | €202,500 | €0 | -€202,500 | -100% |
| Profit (loss) carried forward | 14 | -€21,314 | -€25,729 | -€4,415 | -20.7% |
| Amounts payable | 17/49 | €1,947,790 | €1,808,392 | -€139,398 | -7.2% |
| Amounts payable after more than one year | 17 | €1,050,000 | €847,500 | -€202,500 | -19.3% |
| Financial debts | 170/4 | €1,050,000 | €847,500 | -€202,500 | -19.3% |
| Other loans | 174 | €1,050,000 | €847,500 | -€202,500 | -19.3% |
| Amounts payable within one year | 42/48 | €21,983 | €6,340 | -€15,643 | -71.2% |
| Trade debts | 44 | €21,983 | €6,340 | -€15,643 | -71.2% |
| Suppliers | 440/4 | €21,983 | €6,340 | -€15,643 | -71.2% |
| Accrued charges and deferred income | 492/3 | €875,807 | €954,553 | +€78,746 | +9.0% |
| Operating income | 70/76A | €822,232 | €1,395 | -€820,837 | -99.8% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €822,232 | €1,395 | -€820,837 | -99.8% |
| Other operating income | 74 | €0 | - | = | |
| Operating charges | 60/66A | €825,428 | €5,632 | -€819,796 | -99.3% |
| Goods for resale, raw materials and consumables | 60 | €822,232 | €1,395 | -€820,837 | -99.8% |
| Purchases | 600/8 | €822,232 | €1,395 | -€820,837 | -99.8% |
| Services and other goods | 61 | €2,682 | €3,111 | +€428 | +16.0% |
| Other operating charges | 640/8 | €513 | €1,126 | +€613 | +119% |
| Operating profit (loss) | 9901 | -€3,195 | -€4,237 | -€1,041 | -32.6% |
| Financial charges | 65/66B | €176 | €178 | +€1 | +0.8% |
| Recurring financial charges | 65 | €176 | €178 | +€1 | +0.8% |
| Other financial charges | 652/9 | €176 | €178 | +€1 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,372 | -€4,415 | -€1,043 | -30.9% |
| Profit (loss) for the period | 9904 | -€3,372 | -€4,415 | -€1,043 | -30.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,372 | -€4,415 | -€1,043 | -30.9% |
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 4 November 2026 via checked.be.