KJ 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.
KJ TRANS
Largest movements
- Tangible fixed assets +€219,234
up €219,234 (+671%), from €32,680 to €251,914
of which Land and buildings: +€233,933
- Cash -€83,818
down €83,818 (-79.4%), from €105,517 to €21,698
mainly Investment in fixed assets (net) (-€246,150) and Receivables within one year (-€44,253)
- Receivables within one year +€44,253
up €44,253 (+334%), from €13,261 to €57,514
of which Trade receivables: +€32,294
- Deferred charges and accrued income -€17,610
down €17,610 (-95.5%), from €18,446 to €836
- Financial fixed assets +€4,150
up €4,150 (+46.1%), from €9,000 to €13,150
- Debts after one year +€141,765
new in 2025: €141,765
- Profit (loss) carried forward -€43,186
down €43,186, from €23,398 to -€19,788
- Trade debts +€30,861
up €30,861 (+16,615%), from €186 to €31,046
- Other debts +€29,180
up €29,180 (+186%), from €15,691 to €44,871
- Tax, wage and social debts +€7,589
up €7,589 (+29.5%), from €25,749 to €33,338
of which Remuneration and social security: +€7,428
- Other operating charges +€83,211
up €83,211 (+102%), from €81,787 to €164,999
- Staff costs -€22,174
down €22,174 (-31.4%), from €70,620 to €48,446
- Taxes -€7,799
no longer reported in 2025 (was €7,799)
- Depreciation +€6,192
up €6,192 (+37.4%), from €16,574 to €22,766
- Financial charges +€4,506
new in 2025: €4,506
of which Financial charges: +€4,006
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 | €178,904 | €345,113 | +€166,209 | +92.9% |
| Fixed assets | 21/28 | €41,680 | €265,064 | +€223,384 | +536% |
| Tangible fixed assets | 22/27 | €32,680 | €251,914 | +€219,234 | +671% |
| Land and buildings | 22 | - | €233,933 | +€233,933 | |
| Furniture and vehicles | 24 | €32,680 | €17,981 | -€14,699 | -45.0% |
| Financial fixed assets | 28 | €9,000 | €13,150 | +€4,150 | +46.1% |
| Current assets | 29/58 | €137,224 | €80,048 | -€57,175 | -41.7% |
| Amounts receivable within one year | 40/41 | €13,261 | €57,514 | +€44,253 | +334% |
| Trade receivables | 40 | €7,777 | €40,071 | +€32,294 | +415% |
| Other amounts receivable | 41 | €5,484 | €17,443 | +€11,959 | +218% |
| Cash at bank and in hand | 54/58 | €105,517 | €21,698 | -€83,818 | -79.4% |
| Deferred charges and accrued income | 490/1 | €18,446 | €836 | -€17,610 | -95.5% |
| Total equity and liabilities | 10/49 | €178,904 | €345,113 | +€166,209 | +92.9% |
| Equity | 10/15 | €137,279 | €94,093 | -€43,186 | -31.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €108,880 | €108,880 | = | 0.0% |
| Distributable reserves | 133 | €108,880 | €108,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,398 | -€19,788 | -€43,186 | |
| Amounts payable | 17/49 | €41,625 | €251,020 | +€209,395 | +503% |
| Amounts payable after more than one year | 17 | - | €141,765 | +€141,765 | |
| Financial debts | 170/4 | - | €141,765 | +€141,765 | |
| Amounts payable within one year | 42/48 | €41,625 | €109,255 | +€67,630 | +162% |
| Trade debts | 44 | €186 | €31,046 | +€30,861 | +16,615% |
| Suppliers | 440/4 | €186 | €31,046 | +€30,861 | +16,615% |
| Taxes, remuneration and social security | 45 | €25,749 | €33,338 | +€7,589 | +29.5% |
| Taxes | 450/3 | €19,803 | €19,964 | +€161 | +0.8% |
| Remuneration and social security | 454/9 | €5,946 | €13,374 | +€7,428 | +125% |
| Other amounts payable | 47/48 | €15,691 | €44,871 | +€29,180 | +186% |
| Turnover | 70 | €200,179 | €196,495 | -€3,684 | -1.8% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €70,620 | €48,446 | -€22,174 | -31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,574 | €22,766 | +€6,192 | +37.4% |
| Other operating charges | 640/8 | €81,787 | €164,999 | +€83,211 | +102% |
| Gross operating margin | 9900 | €200,179 | €197,530 | -€2,649 | -1.3% |
| Operating profit (loss) | 9901 | €31,198 | -€38,681 | -€69,878 | |
| Financial charges | 65/66B | - | €4,506 | +€4,506 | |
| Recurring financial charges | 65 | - | €4,006 | +€4,006 | |
| Non-recurring financial charges | 66B | - | €500 | +€500 | |
| Profit (loss) for the period before taxes | 9903 | €31,198 | -€43,186 | -€74,384 | |
| Income taxes | 67/77 | €7,799 | - | -€7,799 | |
| Profit (loss) for the period | 9904 | €23,398 | -€43,186 | -€66,584 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,398 | -€43,186 | -€66,584 |
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 31 October 2026 via checked.be.