ALSICO LOGISTICS: what changed
What changed
ALSICO LOGISTICS
NACE 52.250, Logistics services
filed annual accounts (NBB)
Net result for the year
€283,284
2024 · €178,296+€104,988
Equity
€1.7m
2024 · €1.4m+€276,930
Cash
€543,883
2024 · €460,894+€82,989
Balance sheet total
€14.1m
2024 · €8.6m+€5.5m
Largest movements
Assets
- Tangible fixed assets +€5.2m
up €5.2m (+67.4%), from €7.8m to €13.0m
of which Assets under construction and advance payments: +€2.9m
- Receivables within one year +€196,114
up €196,114 (+80.9%), from €242,409 to €438,523
Equity and liabilities
- Debts after one year +€4.1m
up €4.1m (+75.1%), from €5.5m to €9.6m
- Trade debts +€935,801
up €935,801 (+287%), from €326,399 to €1.3m
- Short-term financial debts -€350,000
no longer reported in 2025 (was €350,000)
- Current portion of long-term debt +€345,604
up €345,604 (+60.0%), from €576,023 to €921,627
- Profit (loss) carried forward +€262,766
up €262,766 (+97.8%), from €268,792 to €531,558
Income statement
- Turnover +€316,292
up €316,292 (+12.2%), from €2.6m to €2.9m
- Services and other goods +€88,096
up €88,096 (+16.3%), from €538,976 to €627,072
- Taxes +€71,591
up €71,591 (+173%), from €41,409 to €113,000
of which Taxes: +€53,000
- Financial charges +€56,787
up €56,787 (+31.5%), from €180,462 to €237,249
- Other operating income +€54,375
up €54,375 (+57.6%), from €94,474 to €148,849
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€178,296
Turnover
+€316,292
Other operating income
+€54,375
Services and other goods
-€88,096
Staff costs
+€16,773
Depreciation
-€36,548
Other operating charges
-€35,721
Other operating items
+€5,030
Financial income
+€1,262
Financial charges
-€56,787
Taxes
-€71,591
Result 2025
€283,284
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2.0m
Investment
-€6.0m
Financing
+€4.1m
Cash 2024
€460,894
From operations (derived)
+€2.0m
Net result for the year
+€283,284
Depreciation
+€774,040
Receivables within one year
-€196,114
Deferred charges and accrued income
+€26,713
Trade debts
+€935,801
Tax, wage and social debts
+€163,414
Smaller working-capital items
+€10,495
Investment (derived)
-€6.0m
Investment in fixed assets (net)
-€6.0m
Financing
+€4.1m
Debts after one year
+€4.1m
Current portion of long-term debt
+€345,604
Short-term financial debts
-€350,000
Contributions, distributions and other
-€6,354
Cash 2025
€543,883
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,576,003 | €14,061,571 | +€5.5m | +64.0% |
| Fixed assets | 21/28 | €7,764,182 | €12,997,359 | +€5.2m | +67.4% |
| Tangible fixed assets | 22/27 | €7,762,182 | €12,995,359 | +€5.2m | +67.4% |
| Land and buildings | 22 | €712,654 | €758,116 | +€45,461 | +6.4% |
| Plant, machinery and equipment | 23 | €35,473 | €78,700 | +€43,227 | +122% |
| Furniture and vehicles | 24 | €6,615 | €54,876 | +€48,260 | +730% |
| Leasing and similar rights | 25 | €6,407,014 | €8,633,757 | +€2.2m | +34.8% |
| Assets under construction and advance payments | 27 | €600,426 | €3,469,911 | +€2.9m | +478% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €811,821 | €1,064,212 | +€252,390 | +31.1% |
| Amounts receivable within one year | 40/41 | €242,409 | €438,523 | +€196,114 | +80.9% |
| Trade receivables | 40 | €242,409 | €438,523 | +€196,114 | +80.9% |
| Cash at bank and in hand | 54/58 | €460,894 | €543,883 | +€82,989 | +18.0% |
| Deferred charges and accrued income | 490/1 | €108,518 | €81,805 | -€26,713 | -24.6% |
| Total equity and liabilities | 10/49 | €8,576,003 | €14,061,571 | +€5.5m | +64.0% |
| Equity | 10/15 | €1,390,734 | €1,667,664 | +€276,930 | +19.9% |
| Contributions | 10/11 | €1,100,000 | €1,100,000 | = | 0.0% |
| Capital | 10 | €1,100,000 | €1,100,000 | = | 0.0% |
| Issued capital | 100 | €1,100,000 | €1,100,000 | = | 0.0% |
| Reserves | 13 | €21,942 | €36,106 | +€14,164 | +64.6% |
| Non-distributable reserves | 130/1 | €21,942 | €36,106 | +€14,164 | +64.6% |
| Legal reserve | 130 | €21,942 | €36,106 | +€14,164 | +64.6% |
| Profit (loss) carried forward | 14 | €268,792 | €531,558 | +€262,766 | +97.8% |
| Amounts payable | 17/49 | €7,185,269 | €12,393,907 | +€5.2m | +72.5% |
| Amounts payable after more than one year | 17 | €5,463,310 | €9,566,633 | +€4.1m | +75.1% |
| Financial debts | 170/4 | €5,463,310 | €9,566,633 | +€4.1m | +75.1% |
| Leasing and similar obligations | 172 | €5,160,504 | €7,213,205 | +€2.1m | +39.8% |
| Credit institutions | 173 | €137,465 | €100,808 | -€36,657 | -26.7% |
| Other loans | 174 | €165,341 | €2,252,620 | +€2.1m | +1,262% |
| Amounts payable within one year | 42/48 | €1,716,655 | €2,826,165 | +€1.1m | +64.6% |
| Current portion of amounts payable after more than one year | 42 | €576,023 | €921,627 | +€345,604 | +60.0% |
| Financial debts | 43 | €350,000 | - | -€350,000 | |
| Credit institutions | 430/8 | €350,000 | - | -€350,000 | |
| Trade debts | 44 | €326,399 | €1,262,200 | +€935,801 | +287% |
| Suppliers | 440/4 | €326,399 | €1,262,200 | +€935,801 | +287% |
| Taxes, remuneration and social security | 45 | €255,254 | €418,668 | +€163,414 | +64.0% |
| Taxes | 450/3 | €138,391 | €333,421 | +€195,030 | +141% |
| Remuneration and social security | 454/9 | €116,863 | €85,247 | -€31,616 | -27.1% |
| Other amounts payable | 47/48 | €208,979 | €223,670 | +€14,690 | +7.0% |
| Accrued charges and deferred income | 492/3 | €5,305 | €1,109 | -€4,196 | -79.1% |
| Operating income | 70/76A | €2,683,316 | €3,053,982 | +€370,667 | +13.8% |
| Turnover | 70 | €2,588,841 | €2,905,133 | +€316,292 | +12.2% |
| Other operating income | 74 | €94,474 | €148,849 | +€54,375 | +57.6% |
| Operating charges | 60/66A | €2,283,148 | €2,421,711 | +€138,562 | +6.1% |
| Services and other goods | 61 | €538,976 | €627,072 | +€88,096 | +16.3% |
| Remuneration, social security and pensions | 62 | €872,981 | €856,208 | -€16,773 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €737,491 | €774,040 | +€36,548 | +5.0% |
| Other operating charges | 640/8 | €128,671 | €164,392 | +€35,721 | +27.8% |
| Non-recurring operating charges | 66A | €5,030 | - | -€5,030 | |
| Operating profit (loss) | 9901 | €400,167 | €632,272 | +€232,104 | +58.0% |
| Financial income | 75/76B | €0 | €1,262 | +€1,262 | +2,524,040% |
| Recurring financial income | 75 | €0 | €1,262 | +€1,262 | +2,524,040% |
| Other financial income | 752/9 | €0 | €1,262 | +€1,262 | +2,524,040% |
| Financial charges | 65/66B | €180,462 | €237,249 | +€56,787 | +31.5% |
| Recurring financial charges | 65 | €180,462 | €237,249 | +€56,787 | +31.5% |
| Debt charges | 650 | €166,106 | €151,531 | -€14,575 | -8.8% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €5,069 | +€5,069 | |
| Other financial charges | 652/9 | €14,356 | €80,650 | +€66,294 | +462% |
| Profit (loss) for the period before taxes | 9903 | €219,705 | €396,284 | +€176,579 | +80.4% |
| Income taxes | 67/77 | €41,409 | €113,000 | +€71,591 | +173% |
| Taxes | 670/3 | €60,000 | €113,000 | +€53,000 | +88.3% |
| Tax adjustments and reversals of tax provisions | 77 | €18,591 | - | -€18,591 | |
| Profit (loss) for the period | 9904 | €178,296 | €283,284 | +€104,988 | +58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €178,296 | €283,284 | +€104,988 | +58.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.