KDA Trans: what changed
KDA Trans
Largest movements
- Receivables within one year -€18,566
down €18,566 (-7.8%), from €238,751 to €220,185
of which Trade receivables: -€27,485
- Deferred charges and accrued income +€7,675
up €7,675 (+51.0%), from €15,036 to €22,711
- Trade debts -€70,036
down €70,036 (-46.8%), from €149,686 to €79,650
- Reserves +€58,352
up €58,352 (+54.4%), from €107,281 to €165,633
of which Distributable reserves: +€49,049
- Tax, wage and social debts +€26,433
up €26,433 (+34.0%), from €77,827 to €104,260
of which Taxes: +€15,740
- Debts after one year -€24,830
down €24,830 (-8.1%), from €306,501 to €281,671
of which Financial debts: -€29,728
- Current portion of long-term debt +€10,513
up €10,513 (+10.3%), from €101,868 to €112,381
- Gross operating margin +€206,789
up €206,789 (+70.9%), from €291,844 to €498,634
- Staff costs +€83,112
up €83,112 (+56.0%), from €148,501 to €231,614
- Financial charges +€26,916
up €26,916 (+195%), from €13,776 to €40,692
- Depreciation +€26,065
up €26,065 (+21.9%), from €119,280 to €145,346
- Taxes +€14,044
new in 2025: €14,044
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €761,762 | €762,194 | +€431 | +0.1% |
| Fixed assets | 21/28 | €499,009 | €505,801 | +€6,792 | +1.4% |
| Tangible fixed assets | 22/27 | €498,469 | €505,261 | +€6,792 | +1.4% |
| Plant, machinery and equipment | 23 | €21,621 | €40,727 | +€19,106 | +88.4% |
| Furniture and vehicles | 24 | €130,610 | €137,953 | +€7,343 | +5.6% |
| Leasing and similar rights | 25 | €346,237 | €326,581 | -€19,656 | -5.7% |
| Financial fixed assets | 28 | €540 | €540 | = | 0.0% |
| Current assets | 29/58 | €262,754 | €256,392 | -€6,361 | -2.4% |
| Amounts receivable within one year | 40/41 | €238,751 | €220,185 | -€18,566 | -7.8% |
| Trade receivables | 40 | €237,113 | €209,628 | -€27,485 | -11.6% |
| Other amounts receivable | 41 | €1,638 | €10,557 | +€8,919 | +544% |
| Cash at bank and in hand | 54/58 | €8,967 | €13,497 | +€4,530 | +50.5% |
| Deferred charges and accrued income | 490/1 | €15,036 | €22,711 | +€7,675 | +51.0% |
| Total equity and liabilities | 10/49 | €761,762 | €762,194 | +€431 | +0.1% |
| Equity | 10/15 | €125,881 | €184,233 | +€58,352 | +46.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €107,281 | €165,633 | +€58,352 | +54.4% |
| Tax-exempt reserves | 132 | - | €9,303 | +€9,303 | |
| Distributable reserves | 133 | €107,281 | €156,329 | +€49,049 | +45.7% |
| Amounts payable | 17/49 | €635,882 | €577,961 | -€57,921 | -9.1% |
| Amounts payable after more than one year | 17 | €306,501 | €281,671 | -€24,830 | -8.1% |
| Financial debts | 170/4 | €224,635 | €194,906 | -€29,728 | -13.2% |
| Other amounts payable | 178/9 | €81,867 | €86,765 | +€4,898 | +6.0% |
| Amounts payable within one year | 42/48 | €329,381 | €296,290 | -€33,090 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €101,868 | €112,381 | +€10,513 | +10.3% |
| Trade debts | 44 | €149,686 | €79,650 | -€70,036 | -46.8% |
| Suppliers | 440/4 | €149,686 | €79,650 | -€70,036 | -46.8% |
| Taxes, remuneration and social security | 45 | €77,827 | €104,260 | +€26,433 | +34.0% |
| Taxes | 450/3 | €60,190 | €75,930 | +€15,740 | +26.2% |
| Remuneration and social security | 454/9 | €17,637 | €28,329 | +€10,693 | +60.6% |
| Non-recurring operating income | 76A | - | €9,303 | +€9,303 | |
| Remuneration, social security and pensions | 62 | €148,501 | €231,614 | +€83,112 | +56.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,280 | €145,346 | +€26,065 | +21.9% |
| Other operating charges | 640/8 | €6,538 | €8,594 | +€2,056 | +31.4% |
| Gross operating margin | 9900 | €291,844 | €498,634 | +€206,789 | +70.9% |
| Operating profit (loss) | 9901 | €17,524 | €113,080 | +€95,556 | +545% |
| Financial income | 75/76B | €2 | €8 | +€6 | +315% |
| Recurring financial income | 75 | €2 | €8 | +€6 | +315% |
| Financial charges | 65/66B | €13,776 | €40,692 | +€26,916 | +195% |
| Recurring financial charges | 65 | €13,776 | €40,692 | +€26,916 | +195% |
| Profit (loss) for the period before taxes | 9903 | €3,750 | €72,396 | +€68,646 | +1,831% |
| Income taxes | 67/77 | - | €14,044 | +€14,044 | |
| Profit (loss) for the period | 9904 | €3,750 | €58,352 | +€54,602 | +1,456% |
| Transfer to tax-exempt reserves | 689 | - | €9,303 | +€9,303 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,750 | €49,049 | +€45,299 | +1,208% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.