KN TRANSPORT: 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.
KN TRANSPORT
Largest movements
- Cash +€53,577
up €53,577 (+135%), from €39,709 to €93,285
mainly Net result for the year (+€32,747) and Depreciation (+€9,004)
- Tangible fixed assets -€9,004
down €9,004 (-36.6%), from €24,610 to €15,606
of which Furniture and vehicles: -€7,510
- Receivables within one year -€7,414
down €7,414 (-35.6%), from €20,849 to €13,434
of which Other amounts receivable: -€7,480
- Reserves +€32,747
up €32,747 (+47.6%), from €68,751 to €101,499
- Tax, wage and social debts +€7,375
up €7,375 (+1,060%), from €696 to €8,071
- Current portion of long-term debt -€4,158
down €4,158 (-75.3%), from €5,524 to €1,366
- Other debts +€2,998
up €2,998 (+57.2%), from €5,246 to €8,244
- Trade debts -€1,483
down €1,483 (-98.9%), from €1,500 to €17
- Gross operating margin +€5,726
up €5,726 (+10.3%), from €55,379 to €61,105
- Taxes +€2,833
up €2,833 (+19.9%), from €14,212 to €17,045
- Depreciation +€731
up €731 (+8.8%), from €8,274 to €9,004
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 | €87,241 | €124,721 | +€37,480 | +43.0% |
| Fixed assets | 21/28 | €24,610 | €15,606 | -€9,004 | -36.6% |
| Tangible fixed assets | 22/27 | €24,610 | €15,606 | -€9,004 | -36.6% |
| Plant, machinery and equipment | 23 | €2,707 | €1,541 | -€1,167 | -43.1% |
| Furniture and vehicles | 24 | €21,359 | €13,849 | -€7,510 | -35.2% |
| Assets under construction and advance payments | 27 | €543 | €216 | -€327 | -60.2% |
| Current assets | 29/58 | €62,631 | €109,115 | +€46,484 | +74.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €20,849 | €13,434 | -€7,414 | -35.6% |
| Trade receivables | 40 | €13,353 | €13,419 | +€65 | +0.5% |
| Other amounts receivable | 41 | €7,495 | €16 | -€7,480 | -99.8% |
| Cash at bank and in hand | 54/58 | €39,709 | €93,285 | +€53,577 | +135% |
| Deferred charges and accrued income | 490/1 | €2,074 | €2,395 | +€322 | +15.5% |
| Total equity and liabilities | 10/49 | €87,241 | €124,721 | +€37,480 | +43.0% |
| Equity | 10/15 | €68,751 | €101,499 | +€32,747 | +47.6% |
| Reserves | 13 | €68,751 | €101,499 | +€32,747 | +47.6% |
| Distributable reserves | 133 | €68,751 | €101,499 | +€32,747 | +47.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,490 | €23,222 | +€4,732 | +25.6% |
| Amounts payable after more than one year | 17 | €5,524 | €5,524 | = | 0.0% |
| Financial debts | 170/4 | €5,524 | €5,524 | = | 0.0% |
| Amounts payable within one year | 42/48 | €12,966 | €17,698 | +€4,732 | +36.5% |
| Current portion of amounts payable after more than one year | 42 | €5,524 | €1,366 | -€4,158 | -75.3% |
| Trade debts | 44 | €1,500 | €17 | -€1,483 | -98.9% |
| Suppliers | 440/4 | €1,500 | €17 | -€1,483 | -98.9% |
| Taxes, remuneration and social security | 45 | €696 | €8,071 | +€7,375 | +1,060% |
| Taxes | 450/3 | €696 | €8,071 | +€7,375 | +1,060% |
| Other amounts payable | 47/48 | €5,246 | €8,244 | +€2,998 | +57.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,274 | €9,004 | +€731 | +8.8% |
| Other operating charges | 640/8 | €1,482 | €1,648 | +€166 | +11.2% |
| Gross operating margin | 9900 | €55,379 | €61,105 | +€5,726 | +10.3% |
| Operating profit (loss) | 9901 | €45,623 | €50,453 | +€4,829 | +10.6% |
| Financial income | 75/76B | €1 | €0 | -€0 | -92.3% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -92.3% |
| Financial charges | 65/66B | €996 | €661 | -€335 | -33.7% |
| Recurring financial charges | 65 | €996 | €661 | -€335 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | €44,628 | €49,792 | +€5,164 | +11.6% |
| Income taxes | 67/77 | €14,212 | €17,045 | +€2,833 | +19.9% |
| Profit (loss) for the period | 9904 | €30,416 | €32,747 | +€2,332 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,416 | €32,747 | +€2,332 | +7.7% |
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 26 October 2026 via checked.be.