BKZ Logistic: 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.
BKZ Logistic
Largest movements
- Cash -€73,481
down €73,481 (-82.7%), from €88,889 to €15,407
mainly Trade debts (-€108,600) and Net result for the year (-€11,847)
- Tangible fixed assets -€6,243
down €6,243 (-67.4%), from €9,258 to €3,016
- Trade debts -€108,600
down €108,600 (-90.3%), from €120,302 to €11,702
- Tax, wage and social debts +€38,315
up €38,315 (+166%), from €23,141 to €61,457
of which Taxes: +€35,710
- Reserves -€11,847
down €11,847 (-10.3%), from €114,793 to €102,946
- Other debts +€5,519
up €5,519 (+791%), from €698 to €6,218
- Gross operating margin -€110,916
down €110,916 (-63.7%), from €174,102 to €63,187
- Taxes -€24,945
down €24,945 (-77.2%), from €32,315 to €7,370
- Staff costs +€14,513
up €14,513 (+36.2%), from €40,087 to €54,599
- Other operating charges +€3,681
up €3,681 (+227%), from €1,618 to €5,299
- Financial charges +€2,036
up €2,036 (+429%), from €475 to €2,511
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 | €263,788 | €185,429 | -€78,359 | -29.7% |
| Fixed assets | 21/28 | €9,258 | €3,016 | -€6,243 | -67.4% |
| Tangible fixed assets | 22/27 | €9,258 | €3,016 | -€6,243 | -67.4% |
| Furniture and vehicles | 24 | €9,258 | €3,016 | -€6,243 | -67.4% |
| Current assets | 29/58 | €254,529 | €182,413 | -€72,116 | -28.3% |
| Amounts receivable within one year | 40/41 | €164,788 | €165,334 | +€545 | +0.3% |
| Trade receivables | 40 | €164,788 | €165,334 | +€545 | +0.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €88,889 | €15,407 | -€73,481 | -82.7% |
| Deferred charges and accrued income | 490/1 | €852 | €1,672 | +€820 | +96.2% |
| Total equity and liabilities | 10/49 | €263,788 | €185,429 | -€78,359 | -29.7% |
| Equity | 10/15 | €117,793 | €105,946 | -€11,847 | -10.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €114,793 | €102,946 | -€11,847 | -10.3% |
| Distributable reserves | 133 | €114,793 | €102,946 | -€11,847 | -10.3% |
| Amounts payable | 17/49 | €145,995 | €79,482 | -€66,512 | -45.6% |
| Amounts payable within one year | 42/48 | €144,141 | €79,376 | -€64,765 | -44.9% |
| Trade debts | 44 | €120,302 | €11,702 | -€108,600 | -90.3% |
| Suppliers | 440/4 | €120,302 | €11,702 | -€108,600 | -90.3% |
| Taxes, remuneration and social security | 45 | €23,141 | €61,457 | +€38,315 | +166% |
| Taxes | 450/3 | €19,050 | €54,760 | +€35,710 | +187% |
| Remuneration and social security | 454/9 | €4,091 | €6,697 | +€2,606 | +63.7% |
| Other amounts payable | 47/48 | €698 | €6,218 | +€5,519 | +791% |
| Accrued charges and deferred income | 492/3 | €1,854 | €106 | -€1,747 | -94.3% |
| Remuneration, social security and pensions | 62 | €40,087 | €54,599 | +€14,513 | +36.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,308 | €5,254 | -€1,054 | -16.7% |
| Other operating charges | 640/8 | €1,618 | €5,299 | +€3,681 | +227% |
| Gross operating margin | 9900 | €174,102 | €63,187 | -€110,916 | -63.7% |
| Operating profit (loss) | 9901 | €126,089 | -€1,966 | -€128,055 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €475 | €2,511 | +€2,036 | +429% |
| Recurring financial charges | 65 | €475 | €2,511 | +€2,036 | +429% |
| Profit (loss) for the period before taxes | 9903 | €125,615 | -€4,477 | -€130,092 | |
| Income taxes | 67/77 | €32,315 | €7,370 | -€24,945 | -77.2% |
| Profit (loss) for the period | 9904 | €93,301 | -€11,847 | -€105,147 | |
| Profit (loss) for the period to be appropriated | 9905 | €93,301 | -€11,847 | -€105,147 |
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 15 October 2026 via checked.be.