AFG LOGISTIK: 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.
AFG LOGISTIK
Largest movements
- Tangible fixed assets -€15,018
down €15,018 (-31.4%), from €47,855 to €32,837
- Cash +€9,535
up €9,535 (+209%), from €4,558 to €14,093
mainly Net result for the year (+€19,599) and Depreciation (+€15,018)
- Receivables within one year -€5,454
down €5,454 (-11.9%), from €45,892 to €40,438
of which Trade receivables: -€7,427
- Trade debts -€30,535
down €30,535 (-98.7%), from €30,934 to €399
- Profit (loss) carried forward +€19,599
up €19,599 (+29.1%), from €67,272 to €86,870
- Gross operating margin +€47,387
up €47,387 (+134%), from €35,420 to €82,807
- Staff costs +€34,778
new in 2025: €34,778
- Depreciation +€2,868
up €2,868 (+23.6%), from €12,150 to €15,018
- Other operating charges -€2,302
down €2,302 (-77.8%), from €2,959 to €658
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 | €98,306 | €87,369 | -€10,937 | -11.1% |
| Fixed assets | 21/28 | €47,855 | €32,837 | -€15,018 | -31.4% |
| Tangible fixed assets | 22/27 | €47,855 | €32,837 | -€15,018 | -31.4% |
| Furniture and vehicles | 24 | €47,855 | €32,837 | -€15,018 | -31.4% |
| Current assets | 29/58 | €50,451 | €54,532 | +€4,081 | +8.1% |
| Amounts receivable within one year | 40/41 | €45,892 | €40,438 | -€5,454 | -11.9% |
| Trade receivables | 40 | €7,427 | - | -€7,427 | |
| Other amounts receivable | 41 | €38,465 | €40,438 | +€1,973 | +5.1% |
| Cash at bank and in hand | 54/58 | €4,558 | €14,093 | +€9,535 | +209% |
| Total equity and liabilities | 10/49 | €98,306 | €87,369 | -€10,937 | -11.1% |
| Equity | 10/15 | €67,372 | €86,970 | +€19,599 | +29.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Capital | 10 | €100 | €100 | = | 0.0% |
| Issued capital | 100 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,272 | €86,870 | +€19,599 | +29.1% |
| Amounts payable | 17/49 | €30,934 | €399 | -€30,535 | -98.7% |
| Amounts payable within one year | 42/48 | €30,934 | €399 | -€30,535 | -98.7% |
| Trade debts | 44 | €30,934 | €399 | -€30,535 | -98.7% |
| Suppliers | 440/4 | €30,934 | €399 | -€30,535 | -98.7% |
| Remuneration, social security and pensions | 62 | - | €34,778 | +€34,778 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,150 | €15,018 | +€2,868 | +23.6% |
| Other operating charges | 640/8 | €2,959 | €658 | -€2,302 | -77.8% |
| Gross operating margin | 9900 | €35,420 | €82,807 | +€47,387 | +134% |
| Operating profit (loss) | 9901 | €20,311 | €32,354 | +€12,043 | +59.3% |
| Financial charges | 65/66B | €118 | €184 | +€66 | +56.4% |
| Recurring financial charges | 65 | €118 | €184 | +€66 | +56.4% |
| Profit (loss) for the period before taxes | 9903 | €20,193 | €32,170 | +€11,977 | +59.3% |
| Income taxes | 67/77 | €12,995 | €12,572 | -€423 | -3.3% |
| Profit (loss) for the period | 9904 | €7,198 | €19,599 | +€12,400 | +172% |
| Profit (loss) for the period to be appropriated | 9905 | €7,198 | €19,599 | +€12,400 | +172% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.