BKT LOGISTIC: what changed
BKT LOGISTIC
Largest movements
- Receivables within one year -€14,739
down €14,739 (-62.6%), from €23,562 to €8,823
- Tangible fixed assets -€5,655
down €5,655 (-22.9%), from €24,703 to €19,048
- Cash +€3,761
up €3,761 (+32.8%), from €11,453 to €15,213
mainly Receivables within one year (+€14,739) and Depreciation (+€5,655)
- Stocks and contracts +€1,550
new in 2025: €1,550
- Trade debts -€6,319
down €6,319 (-69.4%), from €9,103 to €2,784
- Debts after one year -€5,539
down €5,539 (-28.1%), from €19,678 to €14,139
- Profit (loss) carried forward -€2,171
down €2,171 (-27.4%), from €7,913 to €5,742
- Other debts -€726
down €726 (-22.0%), from €3,300 to €2,574
- Gross operating margin -€9,636
down €9,636 (-66.2%), from €14,563 to €4,928
- Depreciation +€2,082
up €2,082 (+58.3%), from €3,573 to €5,655
- Taxes -€2,029
no longer reported in 2025 (was €2,029)
- Financial charges +€395
up €395 (+37.7%), from €1,049 to €1,444
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,259 | €45,726 | -€14,534 | -24.1% |
| Fixed assets | 21/28 | €24,703 | €19,418 | -€5,285 | -21.4% |
| Tangible fixed assets | 22/27 | €24,703 | €19,048 | -€5,655 | -22.9% |
| Leasing and similar rights | 25 | €24,703 | €19,048 | -€5,655 | -22.9% |
| Financial fixed assets | 28 | - | €370 | +€370 | |
| Current assets | 29/58 | €35,556 | €26,308 | -€9,249 | -26.0% |
| Stocks and contracts in progress | 3 | - | €1,550 | +€1,550 | |
| Stocks | 30/36 | - | €1,550 | +€1,550 | |
| Amounts receivable within one year | 40/41 | €23,562 | €8,823 | -€14,739 | -62.6% |
| Trade receivables | 40 | €23,562 | €8,823 | -€14,739 | -62.6% |
| Cash at bank and in hand | 54/58 | €11,453 | €15,213 | +€3,761 | +32.8% |
| Deferred charges and accrued income | 490/1 | €541 | €721 | +€180 | +33.3% |
| Total equity and liabilities | 10/49 | €60,259 | €45,726 | -€14,534 | -24.1% |
| Equity | 10/15 | €17,913 | €15,742 | -€2,171 | -12.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,913 | €5,742 | -€2,171 | -27.4% |
| Amounts payable | 17/49 | €42,346 | €29,984 | -€12,362 | -29.2% |
| Amounts payable after more than one year | 17 | €19,678 | €14,139 | -€5,539 | -28.1% |
| Financial debts | 170/4 | €19,678 | €14,139 | -€5,539 | -28.1% |
| Amounts payable within one year | 42/48 | €22,668 | €15,845 | -€6,823 | -30.1% |
| Current portion of amounts payable after more than one year | 42 | €5,251 | €5,539 | +€289 | +5.5% |
| Trade debts | 44 | €9,103 | €2,784 | -€6,319 | -69.4% |
| Suppliers | 440/4 | €9,103 | €2,784 | -€6,319 | -69.4% |
| Taxes, remuneration and social security | 45 | €5,014 | €4,947 | -€66 | -1.3% |
| Taxes | 450/3 | €5,014 | €3,597 | -€1,416 | -28.2% |
| Remuneration and social security | 454/9 | - | €1,350 | +€1,350 | |
| Other amounts payable | 47/48 | €3,300 | €2,574 | -€726 | -22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,573 | €5,655 | +€2,082 | +58.3% |
| Gross operating margin | 9900 | €14,563 | €4,928 | -€9,636 | -66.2% |
| Operating profit (loss) | 9901 | €10,990 | -€728 | -€11,718 | |
| Financial charges | 65/66B | €1,049 | €1,444 | +€395 | +37.7% |
| Recurring financial charges | 65 | €1,049 | €1,444 | +€395 | +37.7% |
| Profit (loss) for the period before taxes | 9903 | €9,942 | -€2,171 | -€12,113 | |
| Income taxes | 67/77 | €2,029 | - | -€2,029 | |
| Profit (loss) for the period | 9904 | €7,913 | -€2,171 | -€10,084 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,913 | -€2,171 | -€10,084 |
Next steps
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 7 November 2026 via checked.be.