KTRAN: 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.
KTRAN
Largest movements
- Tangible fixed assets +€35,778
new in 2022: €35,778
of which Land and buildings: +€34,111
- Receivables within one year -€4,909
down €4,909 (-52.6%), from €9,334 to €4,425
of which Other amounts receivable: -€3,574
- Cash +€553
up €553 (+14.6%), from €3,790 to €4,343
mainly Other debts (+€14,544) and Advances received (+€12,444)
- Other debts +€14,544
new in 2022: €14,544
- Advances received +€12,444
new in 2022: €12,444
- Profit (loss) carried forward +€7,112
up €7,112, from -€6,155 to €957
- Trade debts -€2,264
down €2,264 (-83.1%), from €2,723 to €459
- Purchases and services +€31,187
up €31,187 (+83.4%), from €37,413 to €68,600
- Turnover +€27,241
up €27,241 (+50.3%), from €54,182 to €81,423
- Staff costs -€16,947
no longer reported in 2022 (was €16,947)
- Gross operating margin -€3,946
down €3,946 (-23.5%), from €16,769 to €12,823
- Other operating charges +€3,488
new in 2022: €3,488
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,124 | €44,546 | +€31,422 | +239.4% |
| Fixed assets | 21/28 | - | €35,778 | +€35,778 | |
| Tangible fixed assets | 22/27 | - | €35,778 | +€35,778 | |
| Land and buildings | 22 | - | €34,111 | +€34,111 | |
| Furniture and vehicles | 24 | - | €1,667 | +€1,667 | |
| Current assets | 29/58 | €13,124 | €8,768 | -€4,356 | -33.2% |
| Amounts receivable within one year | 40/41 | €9,334 | €4,425 | -€4,909 | -52.6% |
| Trade receivables | 40 | €5,350 | €4,015 | -€1,335 | -25.0% |
| Other amounts receivable | 41 | €3,984 | €410 | -€3,574 | -89.7% |
| Cash at bank and in hand | 54/58 | €3,790 | €4,343 | +€553 | +14.6% |
| Total equity and liabilities | 10/49 | €13,124 | €44,546 | +€31,422 | +239.4% |
| Equity | 10/15 | -€1,155 | €5,957 | +€7,112 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,155 | €957 | +€7,112 | |
| Amounts payable | 17/49 | €14,279 | €38,589 | +€24,310 | +170.3% |
| Amounts payable within one year | 42/48 | €14,279 | €38,589 | +€24,310 | +170.3% |
| Trade debts | 44 | €2,723 | €459 | -€2,264 | -83.1% |
| Suppliers | 440/4 | €2,723 | €459 | -€2,264 | -83.1% |
| Advances received on contracts in progress | 46 | - | €12,444 | +€12,444 | |
| Taxes, remuneration and social security | 45 | €11,556 | €11,142 | -€414 | -3.6% |
| Taxes | 450/3 | €2,609 | €3,017 | +€408 | +15.6% |
| Remuneration and social security | 454/9 | €8,947 | €8,125 | -€822 | -9.2% |
| Other amounts payable | 47/48 | - | €14,544 | +€14,544 | |
| Turnover | 70 | €54,182 | €81,423 | +€27,241 | +50.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €37,413 | €68,600 | +€31,187 | +83.4% |
| Remuneration, social security and pensions | 62 | €16,947 | - | -€16,947 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,722 | +€1,722 | |
| Other operating charges | 640/8 | - | €3,488 | +€3,488 | |
| Gross operating margin | 9900 | €16,769 | €12,823 | -€3,946 | -23.5% |
| Operating profit (loss) | 9901 | -€178 | €7,613 | +€7,791 | |
| Financial charges | 65/66B | €45 | €93 | +€48 | +106.7% |
| Recurring financial charges | 65 | €45 | €93 | +€48 | +106.7% |
| Profit (loss) for the period before taxes | 9903 | -€223 | €7,520 | +€7,743 | |
| Income taxes | 67/77 | - | €408 | +€408 | |
| Profit (loss) for the period | 9904 | -€223 | €7,112 | +€7,335 | |
| Profit (loss) for the period to be appropriated | 9905 | -€223 | €7,112 | +€7,335 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.