KING 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.
KING TRANS
Largest movements
- Tangible fixed assets +€106,345
up €106,345 (+2,233%), from €4,762 to €111,107
of which Leasing and similar rights: +€103,159
- Receivables within one year -€3,303
down €3,303 (-15.5%), from €21,265 to €17,962
of which Trade receivables: -€9,099
- Debts after one year +€85,774
new in 2023: €85,774
- Current portion of long-term debt +€17,226
new in 2023: €17,226
- Trade debts +€3,510
up €3,510 (+181%), from €1,943 to €5,453
- Tax, wage and social debts -€3,328
down €3,328 (-57.3%), from €5,812 to €2,484
of which Taxes: -€2,128
- Short-term financial debts +€1,707
up €1,707 (+53.9%), from €3,167 to €4,873
- Gross operating margin -€33,336
down €33,336 (-82.8%), from €40,250 to €6,914
- Depreciation +€3,624
up €3,624 (+2,077%), from €174 to €3,798
- Other operating charges -€3,578
down €3,578 (-61.3%), from €5,834 to €2,256
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,027 | €130,043 | +€104,016 | +400% |
| Fixed assets | 21/28 | €4,762 | €111,107 | +€106,345 | +2,233% |
| Tangible fixed assets | 22/27 | €4,762 | €111,107 | +€106,345 | +2,233% |
| Plant, machinery and equipment | 23 | €3,600 | €2,688 | -€913 | -25.3% |
| Furniture and vehicles | 24 | €1,162 | €5,260 | +€4,098 | +353% |
| Leasing and similar rights | 25 | - | €103,159 | +€103,159 | |
| Current assets | 29/58 | €21,265 | €18,936 | -€2,329 | -11.0% |
| Amounts receivable within one year | 40/41 | €21,265 | €17,962 | -€3,303 | -15.5% |
| Trade receivables | 40 | €21,053 | €11,954 | -€9,099 | -43.2% |
| Other amounts receivable | 41 | €212 | €6,008 | +€5,796 | +2,737% |
| Cash at bank and in hand | 54/58 | - | €94 | +€94 | |
| Deferred charges and accrued income | 490/1 | - | €880 | +€880 | |
| Total equity and liabilities | 10/49 | €26,027 | €130,043 | +€104,016 | +400% |
| Equity | 10/15 | €14,499 | €14,232 | -€266 | -1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,101 | -€4,368 | -€266 | -6.5% |
| Amounts payable | 17/49 | €11,529 | €115,811 | +€104,282 | +905% |
| Amounts payable after more than one year | 17 | - | €85,774 | +€85,774 | |
| Financial debts | 170/4 | - | €85,774 | +€85,774 | |
| Amounts payable within one year | 42/48 | €11,529 | €30,037 | +€18,508 | +161% |
| Current portion of amounts payable after more than one year | 42 | - | €17,226 | +€17,226 | |
| Financial debts | 43 | €3,167 | €4,873 | +€1,707 | +53.9% |
| Credit institutions | 430/8 | €3,167 | €4,873 | +€1,707 | +53.9% |
| Trade debts | 44 | €1,943 | €5,453 | +€3,510 | +181% |
| Suppliers | 440/4 | €1,943 | €5,453 | +€3,510 | +181% |
| Taxes, remuneration and social security | 45 | €5,812 | €2,484 | -€3,328 | -57.3% |
| Taxes | 450/3 | €4,612 | €2,484 | -€2,128 | -46.1% |
| Remuneration and social security | 454/9 | €1,200 | - | -€1,200 | |
| Other amounts payable | 47/48 | €608 | - | -€608 | |
| Remuneration, social security and pensions | 62 | €145 | - | -€145 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174 | €3,798 | +€3,624 | +2,077% |
| Other operating charges | 640/8 | €5,834 | €2,256 | -€3,578 | -61.3% |
| Gross operating margin | 9900 | €40,250 | €6,914 | -€33,336 | -82.8% |
| Operating profit (loss) | 9901 | €34,097 | €860 | -€33,237 | -97.5% |
| Financial charges | 65/66B | €1,141 | €1,126 | -€15 | -1.3% |
| Recurring financial charges | 65 | €1,141 | €1,126 | -€15 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €32,956 | -€266 | -€33,223 | |
| Profit (loss) for the period | 9904 | €32,956 | -€266 | -€33,223 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,956 | -€266 | -€33,223 |
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.