KT Transport: what changed
What changed
KT Transport
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
€30,245
2024 · €50,072-€19,827
Equity
€216,022
2024 · €185,777+€30,245
Cash
€0
2024 · €0
Balance sheet total
€328,557
2024 · €288,640+€39,916
Largest movements
Assets
- Receivables within one year +€39,727
up €39,727 (+13.8%), from €288,640 to €328,368
of which Other amounts receivable: +€20,257
Equity and liabilities
- Reserves +€30,245
up €30,245 (+19.4%), from €155,777 to €186,022
of which Distributable reserves: +€31,845
- Tax, wage and social debts +€16,540
up €16,540 (+54.4%), from €30,413 to €46,953
of which Taxes: +€16,540
- Debts after one year -€13,678
down €13,678 (-67.7%), from €20,200 to €6,522
- Trade debts +€8,282
up €8,282 (+85.6%), from €9,673 to €17,955
Income statement
- Gross operating margin -€21,966
down €21,966 (-30.2%), from €72,645 to €50,679
- Financial income +€6,087
up €6,087 (+67.4%), from €9,027 to €15,114
- Taxes -€4,975
down €4,975 (-24.2%), from €20,537 to €15,562
- Financial charges +€3,241
up €3,241 (+52.4%), from €6,189 to €9,429
- Other operating charges -€2,768
down €2,768 (-61.4%), from €4,508 to €1,740
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€50,072
Gross operating margin
-€21,966
Depreciation
+€366
Other operating charges
+€2,768
Other operating items
-€8,817
Financial income
+€6,087
Financial charges
-€3,241
Taxes
+€4,975
Result 2025
€30,245
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€11,883
Investment
€0
Financing
-€11,883
Cash 2024
€0
From operations (derived)
+€11,883
Net result for the year
+€30,245
Receivables within one year
-€39,727
Deferred charges and accrued income
-€189
Trade debts
+€8,282
Tax, wage and social debts
+€16,540
Accrued charges and deferred income
-€3,269
Financing
-€11,883
Debts after one year
-€13,678
Current portion of long-term debt
+€470
Short-term financial debts
+€1,325
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €288,640 | €328,557 | +€39,916 | +13.8% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €288,640 | €328,557 | +€39,916 | +13.8% |
| Amounts receivable within one year | 40/41 | €288,640 | €328,368 | +€39,727 | +13.8% |
| Trade receivables | 40 | €10,220 | €29,690 | +€19,470 | +191% |
| Other amounts receivable | 41 | €278,420 | €298,678 | +€20,257 | +7.3% |
| Cash at bank and in hand | 54/58 | €0 | €0 | = | |
| Deferred charges and accrued income | 490/1 | - | €189 | +€189 | |
| Total equity and liabilities | 10/49 | €288,640 | €328,557 | +€39,916 | +13.8% |
| Equity | 10/15 | €185,777 | €216,022 | +€30,245 | +16.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €155,777 | €186,022 | +€30,245 | +19.4% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,600 | €0 | -€1,600 | -100% |
| Distributable reserves | 133 | €151,177 | €183,022 | +€31,845 | +21.1% |
| Amounts payable | 17/49 | €102,864 | €112,535 | +€9,671 | +9.4% |
| Amounts payable after more than one year | 17 | €20,200 | €6,522 | -€13,678 | -67.7% |
| Financial debts | 170/4 | €20,200 | €6,522 | -€13,678 | -67.7% |
| Amounts payable within one year | 42/48 | €79,395 | €106,013 | +€26,617 | +33.5% |
| Current portion of amounts payable after more than one year | 42 | €12,211 | €12,681 | +€470 | +3.8% |
| Financial debts | 43 | €27,098 | €28,423 | +€1,325 | +4.9% |
| Credit institutions | 430/8 | €27,098 | €28,423 | +€1,325 | +4.9% |
| Trade debts | 44 | €9,673 | €17,955 | +€8,282 | +85.6% |
| Suppliers | 440/4 | €9,673 | €17,955 | +€8,282 | +85.6% |
| Taxes, remuneration and social security | 45 | €30,413 | €46,953 | +€16,540 | +54.4% |
| Taxes | 450/3 | €28,268 | €44,808 | +€16,540 | +58.5% |
| Remuneration and social security | 454/9 | €2,145 | €2,145 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,269 | €0 | -€3,269 | -100% |
| Non-recurring operating income | 76A | €0 | €997 | +€997 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €366 | €0 | -€366 | -100% |
| Other operating charges | 640/8 | €4,508 | €1,740 | -€2,768 | -61.4% |
| Non-recurring operating charges | 66A | - | €8,817 | +€8,817 | |
| Gross operating margin | 9900 | €72,645 | €50,679 | -€21,966 | -30.2% |
| Operating profit (loss) | 9901 | €67,771 | €40,122 | -€27,649 | -40.8% |
| Financial income | 75/76B | €9,027 | €15,114 | +€6,087 | +67.4% |
| Recurring financial income | 75 | €9,027 | €15,114 | +€6,087 | +67.4% |
| Financial charges | 65/66B | €6,189 | €9,429 | +€3,241 | +52.4% |
| Recurring financial charges | 65 | €6,189 | €9,429 | +€3,241 | +52.4% |
| Profit (loss) for the period before taxes | 9903 | €70,609 | €45,807 | -€24,803 | -35.1% |
| Income taxes | 67/77 | €20,537 | €15,562 | -€4,975 | -24.2% |
| Profit (loss) for the period | 9904 | €50,072 | €30,245 | -€19,827 | -39.6% |
| Transfer from tax-exempt reserves | 789 | - | €1,600 | +€1,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,072 | €31,845 | -€18,227 | -36.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.