KTRANSPORT: 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.
KTRANSPORT
Largest movements
- Tangible fixed assets -€12,331
down €12,331 (-5.7%), from €216,404 to €204,073
- Profit (loss) carried forward -€25,468
down €25,468 (-73.3%), from -€34,760 to -€60,228
- Other debts +€11,886
up €11,886 (+5.2%), from €230,236 to €242,123
- Trade debts -€2,190
down €2,190 (-81.8%), from €2,677 to €487
- Gross operating margin -€6,290
down €6,290 (-267.4%), from -€2,353 to -€8,642
- Other operating charges +€755
up €755 (+21.8%), from €3,461 to €4,216
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 | €219,021 | €205,162 | -€13,859 | -6.3% |
| Formation expenses | 20 | €1,083 | €819 | -€264 | -24.4% |
| Fixed assets | 21/28 | €216,404 | €204,073 | -€12,331 | -5.7% |
| Tangible fixed assets | 22/27 | €216,404 | €204,073 | -€12,331 | -5.7% |
| Land and buildings | 22 | €216,404 | €204,073 | -€12,331 | -5.7% |
| Current assets | 29/58 | €1,534 | €270 | -€1,264 | -82.4% |
| Amounts receivable within one year | 40/41 | €935 | - | -€935 | |
| Other amounts receivable | 41 | €935 | - | -€935 | |
| Cash at bank and in hand | 54/58 | €396 | €48 | -€348 | -88.0% |
| Deferred charges and accrued income | 490/1 | €203 | €223 | +€19 | +9.5% |
| Total equity and liabilities | 10/49 | €219,021 | €205,162 | -€13,859 | -6.3% |
| Equity | 10/15 | -€14,300 | -€39,768 | -€25,468 | -178.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,760 | -€60,228 | -€25,468 | -73.3% |
| Amounts payable | 17/49 | €233,320 | €244,930 | +€11,610 | +5.0% |
| Amounts payable within one year | 42/48 | €232,914 | €242,610 | +€9,696 | +4.2% |
| Trade debts | 44 | €2,677 | €487 | -€2,190 | -81.8% |
| Suppliers | 440/4 | €2,677 | €487 | -€2,190 | -81.8% |
| Other amounts payable | 47/48 | €230,236 | €242,123 | +€11,886 | +5.2% |
| Accrued charges and deferred income | 492/3 | €407 | €2,320 | +€1,914 | +470.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,568 | €12,595 | +€27 | +0.2% |
| Other operating charges | 640/8 | €3,461 | €4,216 | +€755 | +21.8% |
| Gross operating margin | 9900 | -€2,353 | -€8,642 | -€6,290 | -267.4% |
| Operating profit (loss) | 9901 | -€18,382 | -€25,453 | -€7,071 | -38.5% |
| Financial income | 75/76B | €55 | - | -€55 | |
| Recurring financial income | 75 | €55 | - | -€55 | |
| Financial charges | 65/66B | €16 | €16 | -€1 | -5.6% |
| Recurring financial charges | 65 | €16 | €16 | -€1 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | -€18,343 | -€25,468 | -€7,125 | -38.8% |
| Profit (loss) for the period | 9904 | -€18,343 | -€25,468 | -€7,125 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,343 | -€25,468 | -€7,125 | -38.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.