BE-LOGISTICS: 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.
BE-LOGISTICS
Largest movements
- Cash +€652,383
new in 2025: €652,383
mainly Current investments (+€369,829) and Net result for the year (+€221,972)
- Current investments -€369,829
no longer reported in 2025 (was €369,829)
- Receivables within one year -€12,903
down €12,903 (-7.5%), from €172,721 to €159,818
of which Other amounts receivable: -€10,879
- Profit (loss) carried forward +€221,972
up €221,972, from €0 to €221,972
- Tax, wage and social debts +€64,335
up €64,335 (+136%), from €47,425 to €111,761
of which Taxes: +€57,493
- Accrued charges and deferred income -€28,403
no longer reported in 2025 (was €28,403)
- Trade debts +€10,295
up €10,295 (+16.0%), from €64,464 to €74,760
- Gross operating margin +€259,487
up €259,487 (+42.1%), from €615,853 to €875,340
- Other operating charges -€78,248
down €78,248 (-21.0%), from €371,851 to €293,604
- Taxes +€66,309
up €66,309 (+656%), from €10,107 to €76,416
- Staff costs +€59,733
up €59,733 (+26.5%), from €225,500 to €285,233
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 | €561,900 | €831,024 | +€269,124 | +47.9% |
| Fixed assets | 21/28 | €18,925 | €17,354 | -€1,571 | -8.3% |
| Intangible fixed assets | 21 | €2,388 | €1,788 | -€600 | -25.1% |
| Tangible fixed assets | 22/27 | €16,537 | €10,566 | -€5,971 | -36.1% |
| Furniture and vehicles | 24 | €16,537 | €10,566 | -€5,971 | -36.1% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €542,975 | €813,670 | +€270,695 | +49.9% |
| Amounts receivable within one year | 40/41 | €172,721 | €159,818 | -€12,903 | -7.5% |
| Trade receivables | 40 | €141,995 | €139,970 | -€2,025 | -1.4% |
| Other amounts receivable | 41 | €30,727 | €19,848 | -€10,879 | -35.4% |
| Current investments | 50/53 | €369,829 | - | -€369,829 | |
| Cash at bank and in hand | 54/58 | - | €652,383 | +€652,383 | |
| Deferred charges and accrued income | 490/1 | €424 | €1,469 | +€1,045 | +247% |
| Total equity and liabilities | 10/49 | €561,900 | €831,024 | +€269,124 | +47.9% |
| Equity | 10/15 | €421,607 | €643,580 | +€221,972 | +52.6% |
| Contributions | 10/11 | €92,960 | €92,960 | = | 0.0% |
| Reserves | 13 | €328,647 | €328,647 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,260 | €25,260 | = | 0.0% |
| Distributable reserves | 133 | €303,387 | €303,387 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €221,972 | +€221,972 | |
| Amounts payable | 17/49 | €140,293 | €187,445 | +€47,152 | +33.6% |
| Amounts payable within one year | 42/48 | €111,890 | €187,445 | +€75,555 | +67.5% |
| Trade debts | 44 | €64,464 | €74,760 | +€10,295 | +16.0% |
| Suppliers | 440/4 | €64,464 | €74,760 | +€10,295 | +16.0% |
| Taxes, remuneration and social security | 45 | €47,425 | €111,761 | +€64,335 | +136% |
| Taxes | 450/3 | €10,776 | €68,269 | +€57,493 | +534% |
| Remuneration and social security | 454/9 | €36,649 | €43,491 | +€6,842 | +18.7% |
| Other amounts payable | 47/48 | - | €924 | +€924 | |
| Accrued charges and deferred income | 492/3 | €28,403 | - | -€28,403 | |
| Remuneration, social security and pensions | 62 | €225,500 | €285,233 | +€59,733 | +26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,581 | €6,571 | -€10 | -0.2% |
| Other operating charges | 640/8 | €371,851 | €293,604 | -€78,248 | -21.0% |
| Gross operating margin | 9900 | €615,853 | €875,340 | +€259,487 | +42.1% |
| Operating profit (loss) | 9901 | €11,920 | €289,932 | +€278,012 | +2,332% |
| Financial income | 75/76B | €13,374 | €9,632 | -€3,742 | -28.0% |
| Recurring financial income | 75 | €13,374 | €9,632 | -€3,742 | -28.0% |
| Financial charges | 65/66B | €1,740 | €1,176 | -€563 | -32.4% |
| Recurring financial charges | 65 | €1,740 | €1,176 | -€563 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €23,554 | €298,388 | +€274,834 | +1,167% |
| Income taxes | 67/77 | €10,107 | €76,416 | +€66,309 | +656% |
| Profit (loss) for the period | 9904 | €13,447 | €221,972 | +€208,525 | +1,551% |
| Profit (loss) for the period to be appropriated | 9905 | €13,447 | €221,972 | +€208,525 | +1,551% |
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 14 October 2026 via checked.be.