B LOGISTICS HOLDING: 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.
B LOGISTICS HOLDING
Largest movements
- Cash -€50,925
no longer reported in 2026 (was €50,925)
mainly Net result for the year (-€1.0m) and Short-term financial debts (-€382,388)
- Receivables within one year +€6,971
up €6,971 (+61.8%), from €11,278 to €18,250
- Other debts +€1.3m
up €1.3m (+50.9%), from €2.5m to €3.7m
- Profit (loss) carried forward -€1.0m
down €1.0m (-1.3%), from -€78.1m to -€79.1m
- Short-term financial debts -€382,388
down €382,388 (-3.3%), from €11.6m to €11.3m
- Accrued charges and deferred income +€149,528
new in 2026: €149,528
- Trade debts -€30,155
down €30,155 (-3.6%), from €835,155 to €805,000
- Financial income +€72.4m
up €72.4m (+4,309,800,625%), from €2 to €72.4m
of which Non-recurring financial income: +€72.4m
- Write-downs -€770,000
no longer reported in 2026 (was €770,000)
- Services and other goods -€349,058
down €349,058 (-66.9%), from €521,558 to €172,500
- Other operating income -€280,000
no longer reported in 2026 (was €280,000)
- Financial charges -€247,477
down €247,477 (-0.3%), from €73.5m to €73.3m
of which Financial charges: -€247,476
From the 31-12-2025 result to the 30-09-2026 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 31-12-2025 and 30-09-2026 balance sheets and the 30-09-2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2025 | 30-09-2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,203 | €18,250 | -€43,954 | -70.7% |
| Current assets | 29/58 | €62,203 | €18,250 | -€43,954 | -70.7% |
| Amounts receivable within one year | 40/41 | €11,278 | €18,250 | +€6,971 | +61.8% |
| Other amounts receivable | 41 | €11,278 | €18,250 | +€6,971 | +61.8% |
| Cash at bank and in hand | 54/58 | €50,925 | - | -€50,925 | |
| Total equity and liabilities | 10/49 | €62,203 | €18,250 | -€43,954 | -70.7% |
| Equity | 10/15 | -€14,890,817 | -€15,930,825 | -€1.0m | -7.0% |
| Contributions | 10/11 | €63,215,277 | €63,215,277 | = | 0.0% |
| Capital | 10 | €49,811,279 | €49,811,279 | = | 0.0% |
| Issued capital | 100 | €49,811,279 | €49,811,279 | = | 0.0% |
| Contributions outside capital | 11 | €13,403,997 | €13,403,997 | = | 0.0% |
| Share premium | 1100/10 | €13,403,997 | €13,403,997 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,106,094 | -€79,146,101 | -€1.0m | -1.3% |
| Amounts payable | 17/49 | €14,953,021 | €15,949,074 | +€996,053 | +6.7% |
| Amounts payable within one year | 42/48 | €14,953,021 | €15,799,546 | +€846,526 | +5.7% |
| Financial debts | 43 | €11,645,744 | €11,263,356 | -€382,388 | -3.3% |
| Credit institutions | 430/8 | €11,645,744 | €11,263,356 | -€382,388 | -3.3% |
| Trade debts | 44 | €835,155 | €805,000 | -€30,155 | -3.6% |
| Suppliers | 440/4 | €835,155 | €805,000 | -€30,155 | -3.6% |
| Other amounts payable | 47/48 | €2,472,122 | €3,731,190 | +€1.3m | +50.9% |
| Accrued charges and deferred income | 492/3 | - | €149,528 | +€149,528 | |
| Operating income | 70/76A | €280,000 | - | -€280,000 | |
| Other operating income | 74 | €280,000 | - | -€280,000 | |
| Operating charges | 60/66A | €1,292,526 | €173,559 | -€1.1m | -86.6% |
| Services and other goods | 61 | €521,558 | €172,500 | -€349,058 | -66.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €770,000 | - | -€770,000 | |
| Other operating charges | 640/8 | €968 | €1,059 | +€91 | +9.4% |
| Operating profit (loss) | 9901 | -€1,012,526 | -€173,559 | +€838,967 | +82.9% |
| Financial income | 75/76B | €2 | €72,404,652 | +€72.4m | +4,309,800,625% |
| Recurring financial income | 75 | €2 | €72,404,652 | +€72.4m | +4,309,800,625% |
| Other financial income | 752/9 | €2 | - | -€2 | |
| Non-recurring financial income | 76B | - | €72,404,652 | +€72.4m | |
| Financial charges | 65/66B | €73,518,578 | €73,271,101 | -€247,477 | -0.3% |
| Recurring financial charges | 65 | €1,113,925 | €866,449 | -€247,476 | -22.2% |
| Debt charges | 650 | €1,077,228 | €865,526 | -€211,702 | -19.7% |
| Other financial charges | 652/9 | €36,698 | €924 | -€35,774 | -97.5% |
| Non-recurring financial charges | 66B | €72,404,652 | €72,404,651 | -€1 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€74,531,102 | -€1,040,007 | +€73.5m | +98.6% |
| Profit (loss) for the period | 9904 | -€74,531,102 | -€1,040,007 | +€73.5m | +98.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€74,531,102 | -€1,040,007 | +€73.5m | +98.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2025 and 30 September 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.