KS LOGISTICS: what changed
Two fiscal 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.
KS LOGISTICS
Largest movements
- Receivables within one year +€12,573
up €12,573 (+20.1%), from €62,463 to €75,037
of which Other amounts receivable: +€17,439
- Tangible fixed assets -€5,000
down €5,000 (-27.2%), from €18,370 to €13,370
- Cash +€3,661
up €3,661 (+88.2%), from €4,152 to €7,813
mainly Net result for the year (+€9,240) and Depreciation (+€5,000)
- Profit (loss) carried forward +€9,240
up €9,240 (+14.1%), from €65,361 to €74,602
- Tax, wage and social debts +€1,163
up €1,163 (+19.3%), from €6,037 to €7,200
- Gross operating margin +€9,272
up €9,272 (+66.9%), from €13,851 to €23,124
- Taxes +€6,040
new in 2025: €6,040
- Other operating charges +€1,154
up €1,154 (+86.4%), from €1,336 to €2,490
- Staff costs -€446
no longer reported in 2025 (was €446)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,985 | €96,220 | +€11,235 | +13.2% |
| Fixed assets | 21/28 | €18,370 | €13,370 | -€5,000 | -27.2% |
| Tangible fixed assets | 22/27 | €18,370 | €13,370 | -€5,000 | -27.2% |
| Furniture and vehicles | 24 | €18,370 | €13,370 | -€5,000 | -27.2% |
| Current assets | 29/58 | €66,615 | €82,850 | +€16,235 | +24.4% |
| Amounts receivable within one year | 40/41 | €62,463 | €75,037 | +€12,573 | +20.1% |
| Trade receivables | 40 | €26,867 | €22,001 | -€4,866 | -18.1% |
| Other amounts receivable | 41 | €35,597 | €53,036 | +€17,439 | +49.0% |
| Cash at bank and in hand | 54/58 | €4,152 | €7,813 | +€3,661 | +88.2% |
| Total equity and liabilities | 10/49 | €84,985 | €96,220 | +€11,235 | +13.2% |
| Equity | 10/15 | €75,361 | €84,602 | +€9,240 | +12.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,361 | €74,602 | +€9,240 | +14.1% |
| Amounts payable | 17/49 | €9,624 | €11,618 | +€1,994 | +20.7% |
| Amounts payable within one year | 42/48 | €9,624 | €11,618 | +€1,994 | +20.7% |
| Trade debts | 44 | €3,587 | €4,418 | +€831 | +23.2% |
| Suppliers | 440/4 | €3,587 | €4,418 | +€831 | +23.2% |
| Taxes, remuneration and social security | 45 | €6,037 | €7,200 | +€1,163 | +19.3% |
| Taxes | 450/3 | €6,037 | €7,200 | +€1,163 | +19.3% |
| Remuneration, social security and pensions | 62 | €446 | - | -€446 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,000 | €5,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,336 | €2,490 | +€1,154 | +86.4% |
| Gross operating margin | 9900 | €13,851 | €23,124 | +€9,272 | +66.9% |
| Operating profit (loss) | 9901 | €7,070 | €15,633 | +€8,563 | +121.1% |
| Financial charges | 65/66B | €367 | €353 | -€14 | -3.9% |
| Recurring financial charges | 65 | €367 | €353 | -€14 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €6,703 | €15,280 | +€8,578 | +128.0% |
| Income taxes | 67/77 | - | €6,040 | +€6,040 | |
| Profit (loss) for the period | 9904 | €6,703 | €9,240 | +€2,538 | +37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,703 | €9,240 | +€2,538 | +37.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.