JOS KUSTERS TRANSPORT: what changed
What changed
JOS KUSTERS TRANSPORT
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
€59,073
2025 · €23,470+€35,604
Equity
€405,363
2025 · €347,122+€58,240
Cash
€157,293
2025 · €86,834+€70,459
Balance sheet total
€958,604
2025 · €890,907+€67,697
Largest movements
Assets
- Cash +€70,459
up €70,459 (+81.1%), from €86,834 to €157,293
mainly Depreciation (+€152,491) and Net result for the year (+€59,073)
- Tangible fixed assets +€16,902
up €16,902 (+4.9%), from €348,280 to €365,182
of which Furniture and vehicles: +€26,398
- Receivables within one year -€11,284
down €11,284 (-4.1%), from €275,258 to €263,974
of which Other amounts receivable: -€8,048
- Intangible fixed assets -€10,052
down €10,052 (-7.3%), from €136,788 to €126,736
Equity and liabilities
- Reserves +€58,240
up €58,240 (+23.6%), from €247,122 to €305,363
of which Distributable reserves: +€58,240
- Tax, wage and social debts +€10,299
up €10,299 (+12.6%), from €81,959 to €92,257
of which Taxes: +€25,544
Income statement
- Gross operating margin +€115,388
up €115,388 (+22.5%), from €513,249 to €628,637
- Depreciation +€39,217
up €39,217 (+34.6%), from €113,274 to €152,491
- Taxes +€23,532
up €23,532 (+290%), from €8,107 to €31,639
- Other operating charges +€16,721
up €16,721 (+184%), from €9,092 to €25,813
- Staff costs +€12,094
up €12,094 (+3.7%), from €322,800 to €334,894
Change in the result, 2025 to 2026
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 2025
€23,470
Gross operating margin
+€115,388
Staff costs
-€12,094
Depreciation
-€39,217
Other operating charges
-€16,721
Other operating items
+€13,498
Financial income
+€3,822
Financial charges
-€5,540
Taxes
-€23,532
Result 2026
€59,073
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€229,464
Investment
-€159,341
Financing
+€335
Cash 2025
€86,834
From operations (derived)
+€229,464
Net result for the year
+€59,073
Depreciation
+€152,491
Stocks and contracts
-€5,240
Receivables within one year
+€11,284
Deferred charges and accrued income
+€3,568
Trade debts
-€9,342
Tax, wage and social debts
+€10,299
Other debts
+€5,281
Accrued charges and deferred income
+€2,051
Investment (derived)
-€159,341
Investment in fixed assets (net)
-€159,341
Financing
+€335
Debts after one year
-€5,222
Current portion of long-term debt
+€6,420
Short-term financial debts
-€29
Contributions, distributions and other
-€833
Cash 2026
€157,293
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €890,907 | €958,604 | +€67,697 | +7.6% |
| Fixed assets | 21/28 | €485,423 | €492,273 | +€6,850 | +1.4% |
| Intangible fixed assets | 21 | €136,788 | €126,736 | -€10,052 | -7.3% |
| Tangible fixed assets | 22/27 | €348,280 | €365,182 | +€16,902 | +4.9% |
| Land and buildings | 22 | €109,860 | €85,500 | -€24,360 | -22.2% |
| Plant, machinery and equipment | 23 | €9,270 | €9,665 | +€395 | +4.3% |
| Furniture and vehicles | 24 | €218,547 | €244,946 | +€26,398 | +12.1% |
| Leasing and similar rights | 25 | €10,603 | €0 | -€10,603 | -100% |
| Other tangible fixed assets | 26 | - | €25,072 | +€25,072 | |
| Financial fixed assets | 28 | €355 | €355 | = | 0.0% |
| Current assets | 29/58 | €405,484 | €466,331 | +€60,847 | +15.0% |
| Stocks and contracts in progress | 3 | €34,372 | €39,612 | +€5,240 | +15.2% |
| Stocks | 30/36 | €34,372 | €39,612 | +€5,240 | +15.2% |
| Amounts receivable within one year | 40/41 | €275,258 | €263,974 | -€11,284 | -4.1% |
| Trade receivables | 40 | €267,120 | €263,884 | -€3,236 | -1.2% |
| Other amounts receivable | 41 | €8,137 | €89 | -€8,048 | -98.9% |
| Cash at bank and in hand | 54/58 | €86,834 | €157,293 | +€70,459 | +81.1% |
| Deferred charges and accrued income | 490/1 | €9,020 | €5,452 | -€3,568 | -39.6% |
| Total equity and liabilities | 10/49 | €890,907 | €958,604 | +€67,697 | +7.6% |
| Equity | 10/15 | €347,122 | €405,363 | +€58,240 | +16.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €247,122 | €305,363 | +€58,240 | +23.6% |
| Tax-exempt reserves | 132 | €307 | €307 | = | 0.0% |
| Distributable reserves | 133 | €246,815 | €305,055 | +€58,240 | +23.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €543,784 | €553,241 | +€9,457 | +1.7% |
| Amounts payable after more than one year | 17 | €286,758 | €281,535 | -€5,222 | -1.8% |
| Financial debts | 170/4 | €186,758 | €181,535 | -€5,222 | -2.8% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €246,284 | €258,912 | +€12,628 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €84,581 | €91,000 | +€6,420 | +7.6% |
| Financial debts | 43 | €49 | €20 | -€29 | -59.4% |
| Credit institutions | 430/8 | €49 | €20 | -€29 | -59.4% |
| Trade debts | 44 | €62,638 | €53,297 | -€9,342 | -14.9% |
| Suppliers | 440/4 | €62,638 | €53,297 | -€9,342 | -14.9% |
| Taxes, remuneration and social security | 45 | €81,959 | €92,257 | +€10,299 | +12.6% |
| Taxes | 450/3 | €12,009 | €37,553 | +€25,544 | +213% |
| Remuneration and social security | 454/9 | €69,950 | €54,704 | -€15,245 | -21.8% |
| Other amounts payable | 47/48 | €17,057 | €22,337 | +€5,281 | +31.0% |
| Accrued charges and deferred income | 492/3 | €10,743 | €12,794 | +€2,051 | +19.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €322,800 | €334,894 | +€12,094 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,274 | €152,491 | +€39,217 | +34.6% |
| Other operating charges | 640/8 | €9,092 | €25,813 | +€16,721 | +184% |
| Non-recurring operating charges | 66A | €19,745 | €6,247 | -€13,498 | -68.4% |
| Gross operating margin | 9900 | €513,249 | €628,637 | +€115,388 | +22.5% |
| Operating profit (loss) | 9901 | €48,339 | €109,192 | +€60,853 | +126% |
| Financial income | 75/76B | €212 | €4,033 | +€3,822 | +1,807% |
| Recurring financial income | 75 | €212 | €33 | -€178 | -84.2% |
| Non-recurring financial income | 76B | - | €4,000 | +€4,000 | |
| Financial charges | 65/66B | €16,974 | €22,513 | +€5,540 | +32.6% |
| Recurring financial charges | 65 | €16,974 | €22,513 | +€5,540 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | €31,576 | €90,712 | +€59,136 | +187% |
| Income taxes | 67/77 | €8,107 | €31,639 | +€23,532 | +290% |
| Profit (loss) for the period | 9904 | €23,470 | €59,073 | +€35,604 | +152% |
| Profit (loss) for the period to be appropriated | 9905 | €23,470 | €59,073 | +€35,604 | +152% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.