NK 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.
NK Transport
Largest movements
- Receivables within one year +€49,065
up €49,065 (+99.7%), from €49,201 to €98,266
of which Other amounts receivable: +€30,206
- Cash +€12,303
up €12,303 (+31.1%), from €39,546 to €51,848
mainly Net result for the year (+€53,418) and Tax, wage and social debts (+€27,996)
- Tangible fixed assets +€5,998
new in 2025: €5,998
- Reserves +€53,418
up €53,418 (+123%), from €43,456 to €96,874
- Tax, wage and social debts +€27,996
up €27,996 (+256%), from €10,927 to €38,923
of which Remuneration and social security: +€14,209
- Other debts -€8,371
no longer reported in 2025 (was €8,371)
- Trade debts -€5,678
down €5,678 (-33.0%), from €17,193 to €11,516
- Gross operating margin +€174,220
up €174,220 (+311%), from €55,950 to €230,170
- Staff costs +€158,151
new in 2025: €158,151
- Taxes +€2,861
up €2,861 (+26.2%), from €10,927 to €13,787
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.
Derived cash bridge
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 | €99,947 | €167,312 | +€67,365 | +67.4% |
| Fixed assets | 21/28 | €11,200 | €17,198 | +€5,998 | +53.6% |
| Tangible fixed assets | 22/27 | - | €5,998 | +€5,998 | |
| Furniture and vehicles | 24 | - | €5,998 | +€5,998 | |
| Financial fixed assets | 28 | €11,200 | €11,200 | = | 0.0% |
| Current assets | 29/58 | €88,747 | €150,114 | +€61,367 | +69.1% |
| Amounts receivable within one year | 40/41 | €49,201 | €98,266 | +€49,065 | +99.7% |
| Trade receivables | 40 | €39,081 | €57,939 | +€18,858 | +48.3% |
| Other amounts receivable | 41 | €10,121 | €40,327 | +€30,206 | +298% |
| Cash at bank and in hand | 54/58 | €39,546 | €51,848 | +€12,303 | +31.1% |
| Total equity and liabilities | 10/49 | €99,947 | €167,312 | +€67,365 | +67.4% |
| Equity | 10/15 | €63,456 | €116,874 | +€53,418 | +84.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €43,456 | €96,874 | +€53,418 | +123% |
| Distributable reserves | 133 | €43,456 | €96,874 | +€53,418 | +123% |
| Amounts payable | 17/49 | €36,491 | €50,438 | +€13,947 | +38.2% |
| Amounts payable within one year | 42/48 | €36,491 | €50,438 | +€13,947 | +38.2% |
| Trade debts | 44 | €17,193 | €11,516 | -€5,678 | -33.0% |
| Suppliers | 440/4 | €17,193 | €11,516 | -€5,678 | -33.0% |
| Taxes, remuneration and social security | 45 | €10,927 | €38,923 | +€27,996 | +256% |
| Taxes | 450/3 | €10,927 | €24,714 | +€13,787 | +126% |
| Remuneration and social security | 454/9 | - | €14,209 | +€14,209 | |
| Other amounts payable | 47/48 | €8,371 | - | -€8,371 | |
| Remuneration, social security and pensions | 62 | - | €158,151 | +€158,151 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €752 | +€752 | |
| Other operating charges | 640/8 | €1,019 | €3,243 | +€2,224 | +218% |
| Gross operating margin | 9900 | €55,950 | €230,170 | +€174,220 | +311% |
| Operating profit (loss) | 9901 | €54,931 | €68,024 | +€13,093 | +23.8% |
| Financial income | 75/76B | - | €346 | +€346 | |
| Recurring financial income | 75 | - | €346 | +€346 | |
| Financial charges | 65/66B | €623 | €1,164 | +€541 | +86.9% |
| Recurring financial charges | 65 | €623 | €1,164 | +€541 | +86.9% |
| Profit (loss) for the period before taxes | 9903 | €54,308 | €67,205 | +€12,898 | +23.7% |
| Income taxes | 67/77 | €10,927 | €13,787 | +€2,861 | +26.2% |
| Profit (loss) for the period | 9904 | €43,381 | €53,418 | +€10,037 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,381 | €53,418 | +€10,037 | +23.1% |
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 20 October 2026 via checked.be.