KHADI 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.
KHADI TRANS
Largest movements
- Receivables within one year -€8,996
down €8,996 (-6.7%), from €134,716 to €125,720
of which Trade receivables: -€24,051
- Tangible fixed assets -€8,658
down €8,658 (-88.9%), from €9,743 to €1,085
- Cash -€6,338
down €6,338 (-63.3%), from €10,019 to €3,680
mainly Net result for the year (-€37,811) and Tax, wage and social debts (-€1,067)
- Profit (loss) carried forward -€37,811
down €37,811 (-28.7%), from €131,931 to €94,120
- Trade debts +€10,130
up €10,130 (+55.9%), from €18,137 to €28,267
- Other debts +€4,756
new in 2025: €4,756
- Other operating charges +€48,300
up €48,300 (+60.9%), from €79,339 to €127,638
- Depreciation -€13,112
down €13,112 (-60.2%), from €21,770 to €8,658
- Financial charges +€9,273
up €9,273 (+7,577%), from €122 to €9,395
- Gross operating margin -€3,336
down €3,336 (-1.6%), from €207,482 to €204,146
- Taxes -€2,263
no longer reported in 2025 (was €2,263)
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 | €174,333 | €150,340 | -€23,993 | -13.8% |
| Fixed assets | 21/28 | €29,598 | €20,939 | -€8,658 | -29.3% |
| Tangible fixed assets | 22/27 | €9,743 | €1,085 | -€8,658 | -88.9% |
| Furniture and vehicles | 24 | €9,743 | €1,085 | -€8,658 | -88.9% |
| Financial fixed assets | 28 | €19,854 | €19,854 | = | 0.0% |
| Current assets | 29/58 | €144,735 | €129,400 | -€15,335 | -10.6% |
| Amounts receivable within one year | 40/41 | €134,716 | €125,720 | -€8,996 | -6.7% |
| Trade receivables | 40 | €110,529 | €86,477 | -€24,051 | -21.8% |
| Other amounts receivable | 41 | €24,188 | €39,243 | +€15,055 | +62.2% |
| Cash at bank and in hand | 54/58 | €10,019 | €3,680 | -€6,338 | -63.3% |
| Total equity and liabilities | 10/49 | €174,333 | €150,340 | -€23,993 | -13.8% |
| Equity | 10/15 | €139,991 | €102,180 | -€37,811 | -27.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,931 | €94,120 | -€37,811 | -28.7% |
| Amounts payable | 17/49 | €34,341 | €48,160 | +€13,818 | +40.2% |
| Amounts payable within one year | 42/48 | €34,341 | €48,160 | +€13,818 | +40.2% |
| Trade debts | 44 | €18,137 | €28,267 | +€10,130 | +55.9% |
| Suppliers | 440/4 | €18,137 | €28,267 | +€10,130 | +55.9% |
| Taxes, remuneration and social security | 45 | €16,204 | €15,137 | -€1,067 | -6.6% |
| Taxes | 450/3 | €6,125 | €9,704 | +€3,580 | +58.4% |
| Remuneration and social security | 454/9 | €10,079 | €5,432 | -€4,647 | -46.1% |
| Other amounts payable | 47/48 | - | €4,756 | +€4,756 | |
| Remuneration, social security and pensions | 62 | €96,276 | €96,266 | -€11 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,770 | €8,658 | -€13,112 | -60.2% |
| Other operating charges | 640/8 | €79,339 | €127,638 | +€48,300 | +60.9% |
| Gross operating margin | 9900 | €207,482 | €204,146 | -€3,336 | -1.6% |
| Operating profit (loss) | 9901 | €10,097 | -€28,416 | -€38,513 | |
| Financial charges | 65/66B | €122 | €9,395 | +€9,273 | +7,577% |
| Recurring financial charges | 65 | €122 | €9,395 | +€9,273 | +7,577% |
| Profit (loss) for the period before taxes | 9903 | €9,974 | -€37,811 | -€47,786 | |
| Income taxes | 67/77 | €2,263 | - | -€2,263 | |
| Profit (loss) for the period | 9904 | €7,712 | -€37,811 | -€45,523 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,712 | -€37,811 | -€45,523 |
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 14 October 2026 via checked.be.