KNG 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.
KNG TRANSPORT
Largest movements
- Receivables within one year +€41,042
up €41,042 (+14.3%), from €287,478 to €328,520
of which Trade receivables: +€24,647
- Cash -€27,251
down €27,251 (-53.7%), from €50,774 to €23,524
mainly Trade debts (-€156,360) and Receivables within one year (-€41,042)
- Trade debts -€156,360
down €156,360 (-88.7%), from €176,369 to €20,009
- Tax, wage and social debts +€115,630
up €115,630 (+92.5%), from €125,061 to €240,691
of which Taxes: +€88,442
- Profit (loss) carried forward +€61,269
up €61,269 (+93.8%), from €65,308 to €126,577
- Purchases and services -€215,126
down €215,126 (-25.5%), from €842,518 to €627,392
- Turnover -€182,484
down €182,484 (-12.9%), from €1.4m to €1.2m
- Staff costs -€41,603
down €41,603 (-7.9%), from €523,753 to €482,150
- Gross operating margin +€40,626
up €40,626 (+7.0%), from €577,408 to €618,034
- Taxes +€17,326
new in 2025: €17,326
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 | €401,277 | €417,737 | +€16,460 | +4.1% |
| Fixed assets | 21/28 | €63,025 | €65,694 | +€2,669 | +4.2% |
| Tangible fixed assets | 22/27 | €27,815 | €28,484 | +€669 | +2.4% |
| Furniture and vehicles | 24 | €27,815 | €28,484 | +€669 | +2.4% |
| Financial fixed assets | 28 | €35,210 | €37,210 | +€2,000 | +5.7% |
| Current assets | 29/58 | €338,252 | €352,043 | +€13,791 | +4.1% |
| Amounts receivable within one year | 40/41 | €287,478 | €328,520 | +€41,042 | +14.3% |
| Trade receivables | 40 | €253,114 | €277,761 | +€24,647 | +9.7% |
| Other amounts receivable | 41 | €34,364 | €50,759 | +€16,395 | +47.7% |
| Cash at bank and in hand | 54/58 | €50,774 | €23,524 | -€27,251 | -53.7% |
| Total equity and liabilities | 10/49 | €401,277 | €417,737 | +€16,460 | +4.1% |
| Equity | 10/15 | €85,768 | €147,037 | +€61,269 | +71.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 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 | €65,308 | €126,577 | +€61,269 | +93.8% |
| Amounts payable | 17/49 | €315,508 | €270,700 | -€44,808 | -14.2% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €305,508 | €260,700 | -€44,808 | -14.7% |
| Trade debts | 44 | €176,369 | €20,009 | -€156,360 | -88.7% |
| Suppliers | 440/4 | €176,369 | €20,009 | -€156,360 | -88.7% |
| Advances received on contracts in progress | 46 | €4,078 | - | -€4,078 | |
| Taxes, remuneration and social security | 45 | €125,061 | €240,691 | +€115,630 | +92.5% |
| Taxes | 450/3 | €116,821 | €205,263 | +€88,442 | +75.7% |
| Remuneration and social security | 454/9 | €8,240 | €35,428 | +€27,187 | +330% |
| Turnover | 70 | €1,419,927 | €1,237,442 | -€182,484 | -12.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €842,518 | €627,392 | -€215,126 | -25.5% |
| Remuneration, social security and pensions | 62 | €523,753 | €482,150 | -€41,603 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,307 | €25,211 | +€904 | +3.7% |
| Other operating charges | 640/8 | €2,808 | €446 | -€2,362 | -84.1% |
| Non-recurring operating charges | 66A | - | €10,573 | +€10,573 | |
| Gross operating margin | 9900 | €577,408 | €618,034 | +€40,626 | +7.0% |
| Operating profit (loss) | 9901 | €26,540 | €99,654 | +€73,115 | +275% |
| Financial charges | 65/66B | €15,300 | €21,060 | +€5,760 | +37.7% |
| Recurring financial charges | 65 | €2,903 | €11,510 | +€8,608 | +297% |
| Non-recurring financial charges | 66B | €12,397 | €9,550 | -€2,847 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €11,240 | €78,594 | +€67,354 | +599% |
| Income taxes | 67/77 | - | €17,326 | +€17,326 | |
| Profit (loss) for the period | 9904 | €11,240 | €61,269 | +€50,029 | +445% |
| Profit (loss) for the period to be appropriated | 9905 | €11,240 | €61,269 | +€50,029 | +445% |
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.