K.V.E. Transport: 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.V.E. Transport
Largest movements
- Tangible fixed assets -€14,854
down €14,854 (-33.2%), from €44,704 to €29,850
of which Furniture and vehicles: -€11,131
- Receivables within one year +€10,989
up €10,989 (+27.7%), from €39,697 to €50,685
- Profit (loss) carried forward +€23,863
up €23,863 (+86.5%), from -€27,586 to -€3,723
- Debts after one year -€13,399
down €13,399 (-19.1%), from €69,982 to €56,583
- Current portion of long-term debt -€6,911
down €6,911 (-34.4%), from €20,077 to €13,166
- Short-term financial debts -€5,194
no longer reported in 2025 (was €5,194)
- Tax, wage and social debts -€1,555
down €1,555 (-10.2%), from €15,215 to €13,660
- Gross operating margin +€55,015
up €55,015 (+436%), from €12,621 to €67,636
- Other operating charges +€14,483
up €14,483 (+269%), from €5,376 to €19,858
- Depreciation -€9,841
down €9,841 (-39.9%), from €24,671 to €14,829
- Financial charges -€2,994
down €2,994 (-24.9%), from €12,041 to €9,047
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 | €87,962 | €84,072 | -€3,890 | -4.4% |
| Fixed assets | 21/28 | €46,954 | €32,100 | -€14,854 | -31.6% |
| Tangible fixed assets | 22/27 | €44,704 | €29,850 | -€14,854 | -33.2% |
| Furniture and vehicles | 24 | €34,911 | €23,780 | -€11,131 | -31.9% |
| Leasing and similar rights | 25 | €9,793 | €6,070 | -€3,723 | -38.0% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €41,008 | €51,972 | +€10,964 | +26.7% |
| Amounts receivable within one year | 40/41 | €39,697 | €50,685 | +€10,989 | +27.7% |
| Trade receivables | 40 | €39,697 | €50,685 | +€10,989 | +27.7% |
| Cash at bank and in hand | 54/58 | €251 | €1,001 | +€750 | +299% |
| Deferred charges and accrued income | 490/1 | €1,060 | €286 | -€775 | -73.1% |
| Total equity and liabilities | 10/49 | €87,962 | €84,072 | -€3,890 | -4.4% |
| Equity | 10/15 | -€25,586 | -€1,723 | +€23,863 | +93.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,586 | -€3,723 | +€23,863 | +86.5% |
| Amounts payable | 17/49 | €113,548 | €85,795 | -€27,753 | -24.4% |
| Amounts payable after more than one year | 17 | €69,982 | €56,583 | -€13,399 | -19.1% |
| Financial debts | 170/4 | €69,982 | €56,583 | -€13,399 | -19.1% |
| Amounts payable within one year | 42/48 | €43,566 | €29,212 | -€14,354 | -32.9% |
| Current portion of amounts payable after more than one year | 42 | €20,077 | €13,166 | -€6,911 | -34.4% |
| Financial debts | 43 | €5,194 | - | -€5,194 | |
| Credit institutions | 430/8 | €5,194 | - | -€5,194 | |
| Trade debts | 44 | €3,080 | €2,386 | -€694 | -22.5% |
| Suppliers | 440/4 | €3,080 | €2,386 | -€694 | -22.5% |
| Taxes, remuneration and social security | 45 | €15,215 | €13,660 | -€1,555 | -10.2% |
| Taxes | 450/3 | €15,215 | €13,660 | -€1,555 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,671 | €14,829 | -€9,841 | -39.9% |
| Other operating charges | 640/8 | €5,376 | €19,858 | +€14,483 | +269% |
| Gross operating margin | 9900 | €12,621 | €67,636 | +€55,015 | +436% |
| Operating profit (loss) | 9901 | -€17,425 | €32,949 | +€50,374 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €12,041 | €9,047 | -€2,994 | -24.9% |
| Recurring financial charges | 65 | €12,041 | €9,047 | -€2,994 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | -€29,466 | €23,902 | +€53,368 | |
| Income taxes | 67/77 | -€116 | €39 | +€155 | |
| Profit (loss) for the period | 9904 | -€29,350 | €23,863 | +€53,213 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,350 | €23,863 | +€53,213 |
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 17 October 2026 via checked.be.