PK Trans: 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.
PK Trans
Largest movements
- Tangible fixed assets +€209,527
up €209,527 (+119%), from €176,790 to €386,317
of which Leasing and similar rights: +€208,342
- Receivables within one year +€40,036
up €40,036 (+125%), from €31,932 to €71,968
of which Trade receivables: +€40,416
- Cash +€37,246
up €37,246 (+126%), from €29,456 to €66,702
mainly Debts after one year (+€128,668) and Net result for the year (+€115,142)
- Financial fixed assets +€13,499
new in 2024: €13,499
- Debts after one year +€128,668
up €128,668 (+100%), from €128,366 to €257,034
- Reserves +€75,000
up €75,000 (+199%), from €37,700 to €112,700
- Current portion of long-term debt +€45,523
up €45,523 (+140%), from €32,503 to €78,026
- Profit (loss) carried forward +€40,142
up €40,142 (+19,779%), from €203 to €40,345
- Short-term financial debts +€15,292
up €15,292 (+4,840%), from €316 to €15,608
- Gross operating margin +€233,956
up €233,956 (+209%), from €111,920 to €345,877
- Staff costs +€85,399
up €85,399 (+277%), from €30,822 to €116,221
- Depreciation +€31,794
up €31,794 (+152%), from €20,849 to €52,643
- Taxes +€17,183
up €17,183 (+144%), from €11,956 to €29,139
- Other operating charges +€15,659
up €15,659 (+216%), from €7,256 to €22,915
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €260,400 | €564,305 | +€303,905 | +117% |
| Fixed assets | 21/28 | €176,790 | €399,816 | +€223,026 | +126% |
| Tangible fixed assets | 22/27 | €176,790 | €386,317 | +€209,527 | +119% |
| Furniture and vehicles | 24 | €55,223 | €56,407 | +€1,184 | +2.1% |
| Leasing and similar rights | 25 | €121,567 | €329,910 | +€208,342 | +171% |
| Financial fixed assets | 28 | - | €13,499 | +€13,499 | |
| Current assets | 29/58 | €83,610 | €164,489 | +€80,879 | +96.7% |
| Amounts receivable within one year | 40/41 | €31,932 | €71,968 | +€40,036 | +125% |
| Trade receivables | 40 | €25,728 | €66,144 | +€40,416 | +157% |
| Other amounts receivable | 41 | €6,204 | €5,824 | -€380 | -6.1% |
| Cash at bank and in hand | 54/58 | €29,456 | €66,702 | +€37,246 | +126% |
| Deferred charges and accrued income | 490/1 | €22,222 | €25,820 | +€3,598 | +16.2% |
| Total equity and liabilities | 10/49 | €260,400 | €564,305 | +€303,905 | +117% |
| Equity | 10/15 | €39,903 | €155,045 | +€115,142 | +289% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €37,700 | €112,700 | +€75,000 | +199% |
| Distributable reserves | 133 | €37,700 | €112,700 | +€75,000 | +199% |
| Profit (loss) carried forward | 14 | €203 | €40,345 | +€40,142 | +19,779% |
| Amounts payable | 17/49 | €220,497 | €409,261 | +€188,763 | +85.6% |
| Amounts payable after more than one year | 17 | €128,366 | €257,034 | +€128,668 | +100% |
| Financial debts | 170/4 | €128,366 | €257,034 | +€128,668 | +100% |
| Amounts payable within one year | 42/48 | €92,085 | €152,180 | +€60,095 | +65.3% |
| Current portion of amounts payable after more than one year | 42 | €32,503 | €78,026 | +€45,523 | +140% |
| Financial debts | 43 | €316 | €15,608 | +€15,292 | +4,840% |
| Credit institutions | 430/8 | €316 | €15,608 | +€15,292 | +4,840% |
| Trade debts | 44 | €21,664 | €36,429 | +€14,764 | +68.2% |
| Suppliers | 440/4 | €21,664 | €36,429 | +€14,764 | +68.2% |
| Advances received on contracts in progress | 46 | €5,000 | €5,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €20,602 | €17,118 | -€3,484 | -16.9% |
| Taxes | 450/3 | €20,602 | €10,059 | -€10,542 | -51.2% |
| Remuneration and social security | 454/9 | - | €7,058 | +€7,058 | |
| Other amounts payable | 47/48 | €12,000 | - | -€12,000 | |
| Accrued charges and deferred income | 492/3 | €46 | €46 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €30,822 | €116,221 | +€85,399 | +277% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,849 | €52,643 | +€31,794 | +152% |
| Other operating charges | 640/8 | €7,256 | €22,915 | +€15,659 | +216% |
| Gross operating margin | 9900 | €111,920 | €345,877 | +€233,956 | +209% |
| Operating profit (loss) | 9901 | €52,994 | €154,098 | +€101,104 | +191% |
| Financial income | 75/76B | €200 | €551 | +€351 | +175% |
| Recurring financial income | 75 | €160 | €551 | +€391 | +244% |
| Non-recurring financial income | 76B | €40 | - | -€40 | |
| Financial charges | 65/66B | €4,341 | €10,368 | +€6,027 | +139% |
| Recurring financial charges | 65 | €4,341 | €10,368 | +€6,027 | +139% |
| Profit (loss) for the period before taxes | 9903 | €48,853 | €144,281 | +€95,428 | +195% |
| Income taxes | 67/77 | €11,956 | €29,139 | +€17,183 | +144% |
| Profit (loss) for the period | 9904 | €36,898 | €115,142 | +€78,244 | +212% |
| Profit (loss) for the period to be appropriated | 9905 | €36,898 | €115,142 | +€78,244 | +212% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.