KTM 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.
KTM TRANSPORT
Largest movements
- Receivables within one year +€57,178
up €57,178 (+48.7%), from €117,376 to €174,553
of which Other amounts receivable: +€77,238
- Cash -€4,983
down €4,983 (-49.9%), from €9,986 to €5,004
mainly Receivables within one year (-€57,178) and Investment in fixed assets (net) (-€11,861)
- Tax, wage and social debts +€49,158
up €49,158 (+81.9%), from €60,026 to €109,184
of which Taxes: +€34,104
- Profit (loss) carried forward +€10,905
up €10,905 (+17.9%), from €60,902 to €71,807
- Trade debts -€7,441
down €7,441 (-30.5%), from €24,426 to €16,985
- Staff costs +€64,363
up €64,363 (+222%), from €28,981 to €93,344
- Gross operating margin +€40,961
up €40,961 (+45.6%), from €89,854 to €130,815
- Depreciation +€11,433
new in 2024: €11,433
- Other operating charges +€7,030
up €7,030 (+391%), from €1,799 to €8,829
- Taxes -€4,431
down €4,431 (-33.2%), from €13,336 to €8,905
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €166,754 | €219,376 | +€52,622 | +31.6% |
| Fixed assets | 21/28 | €39,392 | €39,819 | +€427 | +1.1% |
| Tangible fixed assets | 22/27 | €30,000 | €30,427 | +€427 | +1.4% |
| Land and buildings | 22 | - | €1,642 | +€1,642 | |
| Furniture and vehicles | 24 | €30,000 | €28,786 | -€1,214 | -4.0% |
| Financial fixed assets | 28 | €9,392 | €9,392 | = | 0.0% |
| Current assets | 29/58 | €127,362 | €179,557 | +€52,195 | +41.0% |
| Amounts receivable within one year | 40/41 | €117,376 | €174,553 | +€57,178 | +48.7% |
| Trade receivables | 40 | €41,189 | €21,128 | -€20,061 | -48.7% |
| Other amounts receivable | 41 | €76,187 | €153,425 | +€77,238 | +101% |
| Cash at bank and in hand | 54/58 | €9,986 | €5,004 | -€4,983 | -49.9% |
| Total equity and liabilities | 10/49 | €166,754 | €219,376 | +€52,622 | +31.6% |
| Equity | 10/15 | €82,302 | €93,207 | +€10,905 | +13.3% |
| Contributions | 10/11 | €10,400 | €10,400 | = | 0.0% |
| Reserves | 13 | €11,000 | €11,000 | = | 0.0% |
| Distributable reserves | 133 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,902 | €71,807 | +€10,905 | +17.9% |
| Amounts payable | 17/49 | €84,452 | €126,169 | +€41,717 | +49.4% |
| Amounts payable within one year | 42/48 | €84,452 | €126,169 | +€41,717 | +49.4% |
| Trade debts | 44 | €24,426 | €16,985 | -€7,441 | -30.5% |
| Suppliers | 440/4 | €24,426 | €16,985 | -€7,441 | -30.5% |
| Taxes, remuneration and social security | 45 | €60,026 | €109,184 | +€49,158 | +81.9% |
| Taxes | 450/3 | €57,506 | €91,610 | +€34,104 | +59.3% |
| Remuneration and social security | 454/9 | €2,520 | €17,574 | +€15,053 | +597% |
| Remuneration, social security and pensions | 62 | €28,981 | €93,344 | +€64,363 | +222% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €11,433 | +€11,433 | |
| Other operating charges | 640/8 | €1,799 | €8,829 | +€7,030 | +391% |
| Gross operating margin | 9900 | €89,854 | €130,815 | +€40,961 | +45.6% |
| Operating profit (loss) | 9901 | €59,074 | €17,208 | -€41,866 | -70.9% |
| Financial income | 75/76B | €3,991 | €6,820 | +€2,828 | +70.9% |
| Recurring financial income | 75 | €3,991 | €6,820 | +€2,828 | +70.9% |
| Financial charges | 65/66B | €2,305 | €4,218 | +€1,912 | +83.0% |
| Recurring financial charges | 65 | €2,305 | €4,218 | +€1,912 | +83.0% |
| Profit (loss) for the period before taxes | 9903 | €60,760 | €19,811 | -€40,950 | -67.4% |
| Income taxes | 67/77 | €13,336 | €8,905 | -€4,431 | -33.2% |
| Profit (loss) for the period | 9904 | €47,425 | €10,905 | -€36,519 | -77.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,425 | €10,905 | -€36,519 | -77.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.