K.F. TRANS: 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.
K.F. TRANS
Largest movements
- Tangible fixed assets -€2,404
down €2,404 (-26.5%), from €9,062 to €6,658
of which Land and buildings: -€1,370
- Cash +€1,109
up €1,109 (+143%), from €778 to €1,887
mainly Other debts (+€14,943) and Trade debts (+€3,743)
- Other debts +€14,943
up €14,943 (+94.0%), from €15,902 to €30,845
- Profit (loss) carried forward -€14,320
down €14,320 (-24.3%), from -€58,867 to -€73,187
- Tax, wage and social debts -€5,674
down €5,674 (-44.6%), from €12,727 to €7,054
of which Remuneration and social security: -€4,025
- Trade debts +€3,743
up €3,743 (+57.9%), from €6,462 to €10,206
- Other operating charges -€3,981
down €3,981 (-29.2%), from €13,611 to €9,630
- Staff costs +€2,905
up €2,905 (+7.2%), from €40,355 to €43,260
- Gross operating margin +€2,822
up €2,822 (+7.4%), from €38,283 to €41,105
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 | €16,931 | €15,623 | -€1,308 | -7.7% |
| Fixed assets | 21/28 | €15,922 | €13,558 | -€2,364 | -14.8% |
| Tangible fixed assets | 22/27 | €9,062 | €6,658 | -€2,404 | -26.5% |
| Land and buildings | 22 | €5,065 | €3,694 | -€1,370 | -27.1% |
| Plant, machinery and equipment | 23 | €3,997 | €2,964 | -€1,034 | -25.9% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €6,860 | €6,900 | +€40 | +0.6% |
| Current assets | 29/58 | €1,009 | €2,066 | +€1,057 | +105% |
| Cash at bank and in hand | 54/58 | €778 | €1,887 | +€1,109 | +143% |
| Deferred charges and accrued income | 490/1 | €231 | €179 | -€53 | -22.9% |
| Total equity and liabilities | 10/49 | €16,931 | €15,623 | -€1,308 | -7.7% |
| Equity | 10/15 | -€18,307 | -€32,627 | -€14,320 | -78.2% |
| Contributions | 10/11 | €36,600 | €36,600 | = | 0.0% |
| Reserves | 13 | €3,960 | €3,960 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,660 | €3,660 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,660 | €3,660 | = | 0.0% |
| Distributable reserves | 133 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,867 | -€73,187 | -€14,320 | -24.3% |
| Amounts payable | 17/49 | €35,238 | €48,251 | +€13,013 | +36.9% |
| Amounts payable within one year | 42/48 | €35,092 | €48,104 | +€13,013 | +37.1% |
| Trade debts | 44 | €6,462 | €10,206 | +€3,743 | +57.9% |
| Suppliers | 440/4 | €6,462 | €10,206 | +€3,743 | +57.9% |
| Taxes, remuneration and social security | 45 | €12,727 | €7,054 | -€5,674 | -44.6% |
| Taxes | 450/3 | €4,842 | €3,193 | -€1,649 | -34.1% |
| Remuneration and social security | 454/9 | €7,886 | €3,861 | -€4,025 | -51.0% |
| Other amounts payable | 47/48 | €15,902 | €30,845 | +€14,943 | +94.0% |
| Accrued charges and deferred income | 492/3 | €147 | €147 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €40,355 | €43,260 | +€2,905 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,404 | €2,404 | = | 0.0% |
| Other operating charges | 640/8 | €13,611 | €9,630 | -€3,981 | -29.2% |
| Gross operating margin | 9900 | €38,283 | €41,105 | +€2,822 | +7.4% |
| Operating profit (loss) | 9901 | -€18,087 | -€14,189 | +€3,899 | +21.6% |
| Financial income | 75/76B | €11 | €58 | +€48 | +437% |
| Recurring financial income | 75 | €11 | €58 | +€48 | +437% |
| Financial charges | 65/66B | €512 | €190 | -€322 | -62.9% |
| Recurring financial charges | 65 | €512 | €190 | -€322 | -62.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,589 | -€14,320 | +€4,268 | +23.0% |
| Profit (loss) for the period | 9904 | -€18,589 | -€14,320 | +€4,268 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,589 | -€14,320 | +€4,268 | +23.0% |
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 30 October 2026 via checked.be.