KTRANS DISTRIBUTION: 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.
KTRANS DISTRIBUTION
Largest movements
- Receivables within one year -€31,500
down €31,500 (-37.2%), from €84,663 to €53,163
of which Trade receivables: -€32,206
- Trade debts -€21,960
down €21,960 (-58.5%), from €37,528 to €15,568
- Profit (loss) carried forward -€16,941
down €16,941 (-41.8%), from €40,545 to €23,604
- Other debts +€8,207
up €8,207 (+193.0%), from €4,252 to €12,459
- Tax, wage and social debts -€866
no longer reported in 2025 (was €866)
- Gross operating margin -€27,544
down €27,544, from €22,355 to -€5,190
- Other operating charges -€12,448
down €12,448 (-67.0%), from €18,592 to €6,144
- Taxes +€553
up €553 (+12.2%), from €4,546 to €5,099
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 | €85,192 | €53,631 | -€31,561 | -37.0% |
| Current assets | 29/58 | €85,192 | €53,631 | -€31,561 | -37.0% |
| Amounts receivable within one year | 40/41 | €84,663 | €53,163 | -€31,500 | -37.2% |
| Trade receivables | 40 | €84,663 | €52,457 | -€32,206 | -38.0% |
| Other amounts receivable | 41 | - | €706 | +€706 | |
| Cash at bank and in hand | 54/58 | €528 | €468 | -€60 | -11.4% |
| Total equity and liabilities | 10/49 | €85,192 | €53,631 | -€31,561 | -37.0% |
| Equity | 10/15 | €42,545 | €25,604 | -€16,941 | -39.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,545 | €23,604 | -€16,941 | -41.8% |
| Amounts payable | 17/49 | €42,647 | €28,027 | -€14,620 | -34.3% |
| Amounts payable within one year | 42/48 | €42,647 | €28,027 | -€14,620 | -34.3% |
| Trade debts | 44 | €37,528 | €15,568 | -€21,960 | -58.5% |
| Suppliers | 440/4 | €37,528 | €15,568 | -€21,960 | -58.5% |
| Taxes, remuneration and social security | 45 | €866 | - | -€866 | |
| Taxes | 450/3 | €866 | - | -€866 | |
| Other amounts payable | 47/48 | €4,252 | €12,459 | +€8,207 | +193.0% |
| Other operating charges | 640/8 | €18,592 | €6,144 | -€12,448 | -67.0% |
| Gross operating margin | 9900 | €22,355 | -€5,190 | -€27,544 | |
| Operating profit (loss) | 9901 | €3,763 | -€11,333 | -€15,096 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €679 | €509 | -€170 | -25.1% |
| Recurring financial charges | 65 | €679 | €509 | -€170 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €3,084 | -€11,842 | -€14,927 | |
| Income taxes | 67/77 | €4,546 | €5,099 | +€553 | +12.2% |
| Profit (loss) for the period | 9904 | -€1,462 | -€16,941 | -€15,479 | -1059.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,462 | -€16,941 | -€15,479 | -1059.1% |
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 4 October 2026 via checked.be.