P-K TRANSPORTS: 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.
P-K TRANSPORTS
Largest movements
- Receivables within one year +€53,617
up €53,617 (+57.9%), from €92,665 to €146,281
of which Other amounts receivable: +€49,757
- Cash -€27,695
down €27,695 (-60.7%), from €45,633 to €17,938
mainly Receivables within one year (-€53,617) and Tax, wage and social debts (-€6,496)
- Trade debts +€28,794
up €28,794 (+70.2%), from €40,991 to €69,785
- Reserves +€10,000
up €10,000 (+50.0%), from €20,000 to €30,000
- Tax, wage and social debts -€6,496
down €6,496 (-17.8%), from €36,471 to €29,975
of which Taxes: -€5,099
- Current portion of long-term debt -€5,163
no longer reported in 2025 (was €5,163)
- Gross operating margin -€11,875
down €11,875 (-10.7%), from €111,267 to €99,392
- Staff costs +€10,448
up €10,448 (+14.2%), from €73,524 to €83,972
- Taxes -€7,886
down €7,886 (-88.7%), from €8,886 to €1,000
- Financial income +€1,394
up €1,394 (+155%), from €902 to €2,296
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 | €141,204 | €168,862 | +€27,658 | +19.6% |
| Fixed assets | 21/28 | €2,527 | €2,650 | +€123 | +4.9% |
| Tangible fixed assets | 22/27 | €2,527 | €2,650 | +€123 | +4.9% |
| Furniture and vehicles | 24 | €2,527 | €2,650 | +€123 | +4.9% |
| Current assets | 29/58 | €138,677 | €166,212 | +€27,536 | +19.9% |
| Amounts receivable within one year | 40/41 | €92,665 | €146,281 | +€53,617 | +57.9% |
| Trade receivables | 40 | €92,665 | €96,525 | +€3,860 | +4.2% |
| Other amounts receivable | 41 | - | €49,757 | +€49,757 | |
| Cash at bank and in hand | 54/58 | €45,633 | €17,938 | -€27,695 | -60.7% |
| Deferred charges and accrued income | 490/1 | €379 | €1,993 | +€1,613 | +425% |
| Total equity and liabilities | 10/49 | €141,204 | €168,862 | +€27,658 | +19.6% |
| Equity | 10/15 | €57,708 | €68,232 | +€10,524 | +18.2% |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Distributable reserves | 133 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Profit (loss) carried forward | 14 | €26,708 | €27,232 | +€524 | +2.0% |
| Amounts payable | 17/49 | €83,495 | €100,630 | +€17,135 | +20.5% |
| Amounts payable within one year | 42/48 | €82,625 | €99,760 | +€17,135 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | €5,163 | - | -€5,163 | |
| Trade debts | 44 | €40,991 | €69,785 | +€28,794 | +70.2% |
| Suppliers | 440/4 | €40,991 | €69,785 | +€28,794 | +70.2% |
| Taxes, remuneration and social security | 45 | €36,471 | €29,975 | -€6,496 | -17.8% |
| Taxes | 450/3 | €29,124 | €24,025 | -€5,099 | -17.5% |
| Remuneration and social security | 454/9 | €7,347 | €5,950 | -€1,397 | -19.0% |
| Accrued charges and deferred income | 492/3 | €871 | €871 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €73,524 | €83,972 | +€10,448 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,333 | €3,066 | -€267 | -8.0% |
| Other operating charges | 640/8 | €1,317 | €2,030 | +€713 | +54.1% |
| Gross operating margin | 9900 | €111,267 | €99,392 | -€11,875 | -10.7% |
| Operating profit (loss) | 9901 | €33,092 | €10,324 | -€22,768 | -68.8% |
| Financial income | 75/76B | €902 | €2,296 | +€1,394 | +155% |
| Recurring financial income | 75 | €902 | €2,296 | +€1,394 | +155% |
| Financial charges | 65/66B | €493 | €1,096 | +€604 | +123% |
| Recurring financial charges | 65 | €493 | €1,096 | +€604 | +123% |
| Profit (loss) for the period before taxes | 9903 | €33,501 | €11,524 | -€21,978 | -65.6% |
| Income taxes | 67/77 | €8,886 | €1,000 | -€7,886 | -88.7% |
| Profit (loss) for the period | 9904 | €24,616 | €10,524 | -€14,092 | -57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,616 | €10,524 | -€14,092 | -57.2% |
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 29 October 2026 via checked.be.