KRS Logistics: 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
KRS Logistics
NACE 52.250, Logistics services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€130,207
2024 · €117,461+€12,746
Equity
€490,346
2024 · €360,139+€130,207
Cash
€108,777
2024 · €195,274-€86,496
Balance sheet total
€7.4m
2024 · €7.2m+€197,071
Largest movements
Assets
- Deferred charges and accrued income +€421,107
up €421,107 (+215%), from €195,829 to €616,936
- Receivables within one year -€260,516
down €260,516 (-4.8%), from €5.5m to €5.2m
of which Trade receivables: -€160,841
- Tangible fixed assets +€126,573
up €126,573 (+11.6%), from €1.1m to €1.2m
of which Leasing and similar rights: +€244,398
- Cash -€86,496
down €86,496 (-44.3%), from €195,274 to €108,777
mainly Deferred charges and accrued income (-€421,107) and Investment in fixed assets (net) (-€274,382)
Equity and liabilities
- Debts after one year +€197,506
up €197,506 (+23.8%), from €830,146 to €1.0m
- Trade debts -€180,368
down €180,368 (-4.0%), from €4.6m to €4.4m
- Tax, wage and social debts -€148,193
down €148,193 (-35.1%), from €422,332 to €274,140
of which Taxes: -€140,171
- Profit (loss) carried forward +€130,207
up €130,207 (+124%), from €105,414 to €235,621
- Current portion of long-term debt +€76,075
up €76,075 (+44.4%), from €171,485 to €247,560
Income statement
- Goods and materials -€2.7m
down €2.7m (-15.9%), from €17.2m to €14.4m
of which Purchases: -€2.9m
- Turnover -€2.6m
down €2.6m (-12.9%), from €20.5m to €17.9m
- Other operating charges -€271,774
down €271,774 (-29.8%), from €913,472 to €641,698
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
€117,461
Turnover
-€2.6m
Other operating income
-€173,204
Goods and materials
+€2.7m
Services and other goods
-€138,216
Staff costs
+€55,493
Depreciation
-€7,448
Provisions
-€146,176
Other operating charges
+€271,774
Other operating items
+€18,650
Financial income
+€335
Financial charges
+€140,743
Taxes
-€97,115
Result 2025
€130,207
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€136,415
Investment
-€274,382
Financing
+€324,301
Cash 2024
€195,274
From operations (derived)
-€136,415
Net result for the year
+€130,207
Depreciation
+€151,405
Receivables within one year
+€260,516
Deferred charges and accrued income
-€421,107
Trade debts
-€180,368
Tax, wage and social debts
-€148,193
Other debts
+€71,500
Accrued charges and deferred income
-€376
Investment (derived)
-€274,382
Investment in fixed assets (net)
-€274,382
Financing
+€324,301
Debts after one year
+€197,506
Current portion of long-term debt
+€76,075
Short-term financial debts
+€50,719
Cash 2025
€108,777
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,161,321 | €7,358,392 | +€197,071 | +2.8% |
| Fixed assets | 21/28 | €1,120,397 | €1,243,374 | +€122,977 | +11.0% |
| Intangible fixed assets | 21 | €7,182 | €3,586 | -€3,596 | -50.1% |
| Tangible fixed assets | 22/27 | €1,093,214 | €1,219,788 | +€126,573 | +11.6% |
| Land and buildings | 22 | €608,293 | €506,953 | -€101,339 | -16.7% |
| Furniture and vehicles | 24 | €332,919 | €315,087 | -€17,832 | -5.4% |
| Leasing and similar rights | 25 | - | €244,398 | +€244,398 | |
| Other tangible fixed assets | 26 | €152,003 | €153,349 | +€1,347 | +0.9% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €6,040,924 | €6,115,018 | +€74,094 | +1.2% |
| Stocks and contracts in progress | 3 | €167,278 | €167,278 | = | 0.0% |
| Stocks | 30/36 | €167,278 | €167,278 | = | 0.0% |
| Goods purchased for resale | 34 | €167,278 | €167,278 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,482,544 | €5,222,028 | -€260,516 | -4.8% |
| Trade receivables | 40 | €5,225,709 | €5,064,867 | -€160,841 | -3.1% |
| Other amounts receivable | 41 | €256,835 | €157,160 | -€99,675 | -38.8% |
| Cash at bank and in hand | 54/58 | €195,274 | €108,777 | -€86,496 | -44.3% |
| Deferred charges and accrued income | 490/1 | €195,829 | €616,936 | +€421,107 | +215% |
| Total equity and liabilities | 10/49 | €7,161,321 | €7,358,392 | +€197,071 | +2.8% |
| Equity | 10/15 | €360,139 | €490,346 | +€130,207 | +36.2% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €4,725 | €4,725 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,725 | €4,725 | = | 0.0% |
| Other | 1319 | €4,725 | €4,725 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,414 | €235,621 | +€130,207 | +124% |
| Amounts payable | 17/49 | €6,801,181 | €6,868,046 | +€66,864 | +1.0% |
| Amounts payable after more than one year | 17 | €830,146 | €1,027,652 | +€197,506 | +23.8% |
| Financial debts | 170/4 | €830,146 | €1,027,652 | +€197,506 | +23.8% |
| Credit institutions | 173 | €830,146 | €1,027,652 | +€197,506 | +23.8% |
| Amounts payable within one year | 42/48 | €5,970,660 | €5,840,394 | -€130,266 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €171,485 | €247,560 | +€76,075 | +44.4% |
| Financial debts | 43 | €817,563 | €868,282 | +€50,719 | +6.2% |
| Credit institutions | 430/8 | €817,563 | €868,282 | +€50,719 | +6.2% |
| Trade debts | 44 | €4,559,280 | €4,378,912 | -€180,368 | -4.0% |
| Suppliers | 440/4 | €4,559,280 | €4,378,912 | -€180,368 | -4.0% |
| Taxes, remuneration and social security | 45 | €422,332 | €274,140 | -€148,193 | -35.1% |
| Taxes | 450/3 | €265,168 | €124,997 | -€140,171 | -52.9% |
| Remuneration and social security | 454/9 | €157,164 | €149,143 | -€8,022 | -5.1% |
| Other amounts payable | 47/48 | - | €71,500 | +€71,500 | |
| Accrued charges and deferred income | 492/3 | €376 | - | -€376 | |
| Operating income | 70/76A | €21,537,637 | €18,808,233 | -€2.7m | -12.7% |
| Turnover | 70 | €20,523,032 | €17,878,886 | -€2.6m | -12.9% |
| Other operating income | 74 | €898,903 | €725,699 | -€173,204 | -19.3% |
| Non-recurring operating income | 76A | €115,701 | €203,649 | +€87,947 | +76.0% |
| Operating charges | 60/66A | €21,137,171 | €18,438,985 | -€2.7m | -12.8% |
| Goods for resale, raw materials and consumables | 60 | €17,167,990 | €14,435,933 | -€2.7m | -15.9% |
| Purchases | 600/8 | €17,317,990 | €14,435,933 | -€2.9m | -16.6% |
| Change in stocks: decrease (increase) | 609 | -€150,000 | - | +€150,000 | |
| Services and other goods | 61 | €1,674,613 | €1,812,829 | +€138,216 | +8.3% |
| Remuneration, social security and pensions | 62 | €1,380,407 | €1,324,914 | -€55,493 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,957 | €151,405 | +€7,448 | +5.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€146,176 | - | +€146,176 | |
| Other operating charges | 640/8 | €913,472 | €641,698 | -€271,774 | -29.8% |
| Non-recurring operating charges | 66A | €2,908 | €72,205 | +€69,297 | +2,383% |
| Operating profit (loss) | 9901 | €400,466 | €369,248 | -€31,217 | -7.8% |
| Financial income | 75/76B | €7,122 | €7,457 | +€335 | +4.7% |
| Recurring financial income | 75 | €7,122 | €7,457 | +€335 | +4.7% |
| Income from current assets | 751 | €1,339 | €550 | -€789 | -58.9% |
| Other financial income | 752/9 | €5,783 | €6,907 | +€1,124 | +19.4% |
| Financial charges | 65/66B | €280,061 | €139,319 | -€140,743 | -50.3% |
| Recurring financial charges | 65 | €280,061 | €139,319 | -€140,743 | -50.3% |
| Debt charges | 650 | €116,743 | €139,319 | +€22,576 | +19.3% |
| Other financial charges | 652/9 | €163,318 | - | -€163,318 | |
| Profit (loss) for the period before taxes | 9903 | €127,526 | €237,386 | +€109,860 | +86.1% |
| Income taxes | 67/77 | €10,065 | €107,179 | +€97,115 | +965% |
| Taxes | 670/3 | €10,065 | €107,179 | +€97,115 | +965% |
| Profit (loss) for the period | 9904 | €117,461 | €130,207 | +€12,746 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €117,461 | €130,207 | +€12,746 | +10.9% |
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 20 October 2026 via checked.be.