KINTRANS: 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.
What changed
KINTRANS
NACE 49.410, Freight transport by road
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.1m
2024 · €2.3m-€222,728
Equity
€7.6m
2024 · €7.5m+€76,924
Cash
€3.5m
2024 · €1.9m+€1.6m
Balance sheet total
€14.1m
2024 · €12.6m+€1.4m
Largest movements
Assets
- Cash +€1.6m
up €1.6m (+86.6%), from €1.9m to €3.5m
mainly Net result for the year (+€2.1m) and Depreciation (+€1.2m)
- Financial fixed assets -€1.3m
down €1.3m (-100.0%), from €1.3m to €405
of which Affiliated companies: -€1.3m
- Tangible fixed assets +€1.3m
up €1.3m (+36.5%), from €3.4m to €4.7m
of which Furniture and vehicles: +€1.3m
- Current investments -€177,303
down €177,303 (-4.4%), from €4.0m to €3.8m
Equity and liabilities
- Debts after one year +€713,905
up €713,905 (+40.8%), from €1.7m to €2.5m
- Current portion of long-term debt +€443,655
up €443,655 (+64.4%), from €689,363 to €1.1m
- Reserves +€415,000
up €415,000 (+8.1%), from €5.1m to €5.5m
of which Tax-exempt reserves: +€415,000
- Profit (loss) carried forward -€338,076
down €338,076 (-14.2%), from €2.4m to €2.0m
Income statement
- Turnover -€1.3m
down €1.3m (-8.7%), from €14.6m to €13.4m
- Goods and materials -€1.1m
down €1.1m (-16.8%), from €6.8m to €5.7m
of which Purchases: -€1.2m
- Other operating income +€519,198
up €519,198 (+110.2%), from €471,128 to €990,326
- Staff costs +€383,995
up €383,995 (+12.9%), from €3.0m to €3.4m
- Depreciation +€369,747
up €369,747 (+42.1%), from €879,137 to €1.2m
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.
Result 2024
€2.3m
Turnover
-€1.3m
Other operating income
+€519,198
Goods and materials
+€1.1m
Services and other goods
+€31,166
Staff costs
-€383,995
Depreciation
-€369,747
Write-downs
-€6,956
Other operating charges
-€8,036
Other operating items
+€281,611
Financial income
-€353,431
Financial charges
-€11,932
Taxes
+€202,163
Result 2025
€2.1m
Cash bridge derived
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.
From operations
+€3.5m
Investment
-€996,697
Financing
-€842,440
Cash 2024
€1.9m
From operations (derived)
+€3.5m
Net result for the year
+€2.1m
Depreciation
+€1.2m
Stocks and contracts
-€6,475
Receivables within one year
-€25,065
Deferred charges and accrued income
+€6,708
Trade debts
+€102,852
Tax, wage and social debts
+€82,879
Smaller working-capital items
-€1,504
Investment (derived)
-€996,697
Investment in fixed assets (net)
-€1.2m
Current investments
+€177,303
Financing
-€842,440
Debts after one year
+€713,905
Current portion of long-term debt
+€443,655
Contributions, distributions and other
-€2.0m
Cash 2025
€3.5m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,643,214 | €14,061,925 | +€1.4m | +11.2% |
| Fixed assets | 21/28 | €4,761,186 | €4,686,303 | -€74,884 | -1.6% |
| Tangible fixed assets | 22/27 | €3,432,556 | €4,685,898 | +€1.3m | +36.5% |
| Land and buildings | 22 | €53,199 | €49,211 | -€3,988 | -7.5% |
| Plant, machinery and equipment | 23 | €418,611 | €383,912 | -€34,699 | -8.3% |
| Furniture and vehicles | 24 | €2,960,745 | €4,252,775 | +€1.3m | +43.6% |
| Financial fixed assets | 28 | €1,328,631 | €405 | -€1.3m | -100.0% |
| Affiliated companies | 280/1 | €1,328,226 | - | -€1.3m | |
| Participating interests | 280 | €1,328,226 | - | -€1.3m | |
| Other financial fixed assets | 284/8 | €405 | €405 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €405 | €405 | = | 0.0% |
| Current assets | 29/58 | €7,882,028 | €9,375,622 | +€1.5m | +18.9% |
| Stocks and contracts in progress | 3 | €63,469 | €69,944 | +€6,475 | +10.2% |
| Stocks | 30/36 | €63,469 | €69,944 | +€6,475 | +10.2% |
| Raw materials and consumables | 30/31 | €63,469 | €69,944 | +€6,475 | +10.2% |
| Amounts receivable within one year | 40/41 | €1,784,549 | €1,809,613 | +€25,065 | +1.4% |
| Trade receivables | 40 | €1,350,953 | €1,569,239 | +€218,286 | +16.2% |
| Other amounts receivable | 41 | €433,596 | €240,375 | -€193,222 | -44.6% |
| Current investments | 50/53 | €4,000,000 | €3,822,697 | -€177,303 | -4.4% |
| Other investments | 51/53 | €4,000,000 | €3,822,697 | -€177,303 | -4.4% |
| Cash at bank and in hand | 54/58 | €1,900,949 | €3,547,015 | +€1.6m | +86.6% |
| Deferred charges and accrued income | 490/1 | €133,061 | €126,353 | -€6,708 | -5.0% |
| Total equity and liabilities | 10/49 | €12,643,214 | €14,061,925 | +€1.4m | +11.2% |
| Equity | 10/15 | €7,537,287 | €7,614,211 | +€76,924 | +1.0% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €5,115,864 | €5,530,864 | +€415,000 | +8.1% |
| Tax-exempt reserves | 132 | €4,553,983 | €4,968,983 | +€415,000 | +9.1% |
| Distributable reserves | 133 | €561,881 | €561,881 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,376,423 | €2,038,347 | -€338,076 | -14.2% |
| Amounts payable | 17/49 | €5,105,927 | €6,447,714 | +€1.3m | +26.3% |
| Amounts payable after more than one year | 17 | €1,748,480 | €2,462,385 | +€713,905 | +40.8% |
| Financial debts | 170/4 | €1,748,480 | €2,462,385 | +€713,905 | +40.8% |
| Credit institutions | 173 | €1,748,480 | €2,462,385 | +€713,905 | +40.8% |
| Amounts payable within one year | 42/48 | €3,351,785 | €3,983,876 | +€632,091 | +18.9% |
| Current portion of amounts payable after more than one year | 42 | €689,363 | €1,133,018 | +€443,655 | +64.4% |
| Trade debts | 44 | €368,976 | €471,828 | +€102,852 | +27.9% |
| Suppliers | 440/4 | €368,976 | €471,828 | +€102,852 | +27.9% |
| Taxes, remuneration and social security | 45 | €293,446 | €376,324 | +€82,879 | +28.2% |
| Taxes | 450/3 | €22,623 | €62,748 | +€40,126 | +177.4% |
| Remuneration and social security | 454/9 | €270,823 | €313,576 | +€42,753 | +15.8% |
| Other amounts payable | 47/48 | €2,000,000 | €2,002,705 | +€2,705 | +0.1% |
| Accrued charges and deferred income | 492/3 | €5,662 | €1,453 | -€4,209 | -74.3% |
| Operating income | 70/76A | €15,117,903 | €14,646,174 | -€471,729 | -3.1% |
| Turnover | 70 | €14,646,775 | €13,374,237 | -€1.3m | -8.7% |
| Other operating income | 74 | €471,128 | €990,326 | +€519,198 | +110.2% |
| Non-recurring operating income | 76A | - | €281,611 | +€281,611 | |
| Operating charges | 60/66A | €12,479,165 | €12,066,964 | -€412,201 | -3.3% |
| Goods for resale, raw materials and consumables | 60 | €6,827,954 | €5,678,185 | -€1.1m | -16.8% |
| Purchases | 600/8 | €6,852,953 | €5,684,660 | -€1.2m | -17.0% |
| Change in stocks: decrease (increase) | 609 | -€24,999 | -€6,475 | +€18,523 | +74.1% |
| Services and other goods | 61 | €1,731,972 | €1,700,806 | -€31,166 | -1.8% |
| Remuneration, social security and pensions | 62 | €2,980,825 | €3,364,820 | +€383,995 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €879,137 | €1,248,884 | +€369,747 | +42.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,956 | +€6,956 | |
| Other operating charges | 640/8 | €59,278 | €67,313 | +€8,036 | +13.6% |
| Operating profit (loss) | 9901 | €2,638,738 | €2,579,210 | -€59,528 | -2.3% |
| Financial income | 75/76B | €435,830 | €82,399 | -€353,431 | -81.1% |
| Recurring financial income | 75 | €435,830 | €82,399 | -€353,431 | -81.1% |
| Income from financial fixed assets | 750 | €314,839 | - | -€314,839 | |
| Other financial income | 752/9 | €120,991 | €82,399 | -€38,592 | -31.9% |
| Financial charges | 65/66B | €95,863 | €107,795 | +€11,932 | +12.4% |
| Recurring financial charges | 65 | €95,863 | €107,795 | +€11,932 | +12.4% |
| Debt charges | 650 | €88,426 | €98,533 | +€10,107 | +11.4% |
| Other financial charges | 652/9 | €7,437 | €9,262 | +€1,825 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | €2,978,705 | €2,553,814 | -€424,890 | -14.3% |
| Income taxes | 67/77 | €679,053 | €476,891 | -€202,163 | -29.8% |
| Taxes | 670/3 | €679,053 | €476,891 | -€202,163 | -29.8% |
| Profit (loss) for the period | 9904 | €2,299,651 | €2,076,924 | -€222,728 | -9.7% |
| Transfer to tax-exempt reserves | 689 | - | €415,000 | +€415,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,299,651 | €1,661,924 | -€637,728 | -27.7% |
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 12 October 2026 via checked.be.