K-Trans Logistics: 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-Trans Logistics
Largest movements
- Tangible fixed assets +€27,927
up €27,927 (+54.1%), from €51,608 to €79,535
of which Furniture and vehicles: +€20,012
- Receivables within one year -€15,877
down €15,877 (-29.4%), from €54,031 to €38,154
of which Trade receivables: -€12,877
- Cash -€7,290
down €7,290 (-5.5%), from €132,522 to €125,232
mainly Investment in fixed assets (net) (-€57,608) and Contributions, distributions and other (-€40,250)
- Deferred charges and accrued income +€5,182
up €5,182 (+206%), from €2,513 to €7,695
- Tax, wage and social debts -€32,114
down €32,114 (-59.6%), from €53,870 to €21,756
- Advances received +€28,219
new in 2025: €28,219
- Trade debts -€13,902
down €13,902 (-99.7%), from €13,944 to €42
- Current portion of long-term debt +€9,933
up €9,933 (+50.2%), from €19,803 to €29,736
- Debts after one year +€7,032
up €7,032 (+56.4%), from €12,469 to €19,501
- Gross operating margin -€16,425
down €16,425 (-15.5%), from €105,976 to €89,551
- Taxes -€7,757
down €7,757 (-37.3%), from €20,783 to €13,026
- Depreciation +€4,966
up €4,966 (+20.1%), from €24,715 to €29,681
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 | €242,237 | €252,178 | +€9,942 | +4.1% |
| Fixed assets | 21/28 | €53,170 | €81,097 | +€27,927 | +52.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €51,608 | €79,535 | +€27,927 | +54.1% |
| Plant, machinery and equipment | 23 | - | €7,915 | +€7,915 | |
| Furniture and vehicles | 24 | €51,608 | €71,620 | +€20,012 | +38.8% |
| Financial fixed assets | 28 | €1,563 | €1,563 | = | 0.0% |
| Current assets | 29/58 | €189,066 | €171,081 | -€17,985 | -9.5% |
| Amounts receivable within one year | 40/41 | €54,031 | €38,154 | -€15,877 | -29.4% |
| Trade receivables | 40 | €35,386 | €22,508 | -€12,877 | -36.4% |
| Other amounts receivable | 41 | €18,646 | €15,646 | -€3,000 | -16.1% |
| Cash at bank and in hand | 54/58 | €132,522 | €125,232 | -€7,290 | -5.5% |
| Deferred charges and accrued income | 490/1 | €2,513 | €7,695 | +€5,182 | +206% |
| Total equity and liabilities | 10/49 | €242,237 | €252,178 | +€9,942 | +4.1% |
| Equity | 10/15 | €111,898 | €116,462 | +€4,564 | +4.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €931 | €931 | = | 0.0% |
| Non-distributable reserves | 130/1 | €931 | €931 | = | 0.0% |
| Reserves not available under the articles | 1311 | €931 | €931 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,968 | €85,531 | +€4,564 | +5.6% |
| Amounts payable | 17/49 | €130,338 | €135,716 | +€5,378 | +4.1% |
| Amounts payable after more than one year | 17 | €12,469 | €19,501 | +€7,032 | +56.4% |
| Financial debts | 170/4 | €12,469 | €19,501 | +€7,032 | +56.4% |
| Amounts payable within one year | 42/48 | €117,869 | €116,216 | -€1,654 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €19,803 | €29,736 | +€9,933 | +50.2% |
| Trade debts | 44 | €13,944 | €42 | -€13,902 | -99.7% |
| Suppliers | 440/4 | €13,944 | €42 | -€13,902 | -99.7% |
| Advances received on contracts in progress | 46 | - | €28,219 | +€28,219 | |
| Taxes, remuneration and social security | 45 | €53,870 | €21,756 | -€32,114 | -59.6% |
| Taxes | 450/3 | €53,870 | €21,756 | -€32,114 | -59.6% |
| Other amounts payable | 47/48 | €30,252 | €36,463 | +€6,210 | +20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,715 | €29,681 | +€4,966 | +20.1% |
| Other operating charges | 640/8 | €387 | €598 | +€210 | +54.3% |
| Non-recurring operating charges | 66A | €500 | - | -€500 | |
| Gross operating margin | 9900 | €105,976 | €89,551 | -€16,425 | -15.5% |
| Operating profit (loss) | 9901 | €80,373 | €59,272 | -€21,101 | -26.3% |
| Financial income | 75/76B | €167 | €611 | +€443 | +265% |
| Recurring financial income | 75 | €167 | €611 | +€443 | +265% |
| Financial charges | 65/66B | €2,241 | €2,044 | -€197 | -8.8% |
| Recurring financial charges | 65 | €2,241 | €2,044 | -€197 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €78,300 | €57,839 | -€20,461 | -26.1% |
| Income taxes | 67/77 | €20,783 | €13,026 | -€7,757 | -37.3% |
| Profit (loss) for the period | 9904 | €57,517 | €44,814 | -€12,704 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,517 | €44,814 | -€12,704 | -22.1% |
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 25 October 2026 via checked.be.