C&B 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.
What changed
C&B LOGISTICS
NACE 77.400, Rental and leasing activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€832,561
2024 · €1.0m-€206,814
Equity
€15.0m
2024 · €14.4m+€526,380
Cash
€1.4m
2024 · €849,639+€504,159
Balance sheet total
€17.4m
2024 · €16.8m+€598,727
Largest movements
Assets
- Cash +€504,159
up €504,159 (+59.3%), from €849,639 to €1.4m
mainly Net result for the year (+€832,561) and Depreciation (+€342,237)
Equity and liabilities
- Reserves +€526,380
up €526,380 (+8.7%), from €6.0m to €6.6m
- Debts after one year -€206,976
down €206,976 (-12.2%), from €1.7m to €1.5m
Income statement
- Financial income -€94,131
down €94,131 (-40.5%), from €232,137 to €138,005
- Gross operating margin +€87,933
up €87,933 (+5.3%), from €1.7m to €1.8m
- Depreciation +€80,220
up €80,220 (+30.6%), from €262,017 to €342,237
- Staff costs +€62,832
up €62,832 (+11.1%), from €566,835 to €629,667
- Taxes +€54,171
up €54,171, from -€6,276 to €47,895
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.
Result 2024
€1.0m
Gross operating margin
+€87,933
Staff costs
-€62,832
Depreciation
-€80,220
Other operating charges
-€1,282
Other operating items
-€5,278
Financial income
-€94,131
Financial charges
+€3,168
Taxes
-€54,171
Result 2025
€832,561
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.5m
Investment
-€454,301
Financing
-€494,619
Cash 2024
€849,639
From operations (derived)
+€1.5m
Net result for the year
+€832,561
Depreciation
+€342,237
Receivables within one year
+€18,495
Deferred charges and accrued income
-€999
Trade debts
+€12,960
Tax, wage and social debts
+€111,691
Other debts
+€138,302
Accrued charges and deferred income
-€2,167
Investment (derived)
-€454,301
Investment in fixed assets (net)
-€454,301
Financing
-€494,619
Debts after one year
-€206,976
Current portion of long-term debt
+€18,538
Contributions, distributions and other
-€306,181
Cash 2025
€1.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,803,636 | €17,402,363 | +€598,727 | +3.6% |
| Fixed assets | 21/28 | €15,419,692 | €15,531,755 | +€112,064 | +0.7% |
| Intangible fixed assets | 21 | €547,447 | €637,648 | +€90,201 | +16.5% |
| Tangible fixed assets | 22/27 | €3,886,923 | €3,908,780 | +€21,857 | +0.6% |
| Land and buildings | 22 | €3,814,876 | €3,691,179 | -€123,697 | -3.2% |
| Plant, machinery and equipment | 23 | €6,251 | €57,255 | +€51,004 | +816% |
| Furniture and vehicles | 24 | €65,795 | €83,792 | +€17,997 | +27.4% |
| Leasing and similar rights | 25 | - | €76,553 | +€76,553 | |
| Financial fixed assets | 28 | €10,985,322 | €10,985,327 | +€5 | 0.0% |
| Current assets | 29/58 | €1,383,944 | €1,870,608 | +€486,663 | +35.2% |
| Amounts receivable within one year | 40/41 | €534,306 | €515,810 | -€18,495 | -3.5% |
| Trade receivables | 40 | €493,030 | €477,076 | -€15,953 | -3.2% |
| Other amounts receivable | 41 | €41,276 | €38,734 | -€2,542 | -6.2% |
| Cash at bank and in hand | 54/58 | €849,639 | €1,353,798 | +€504,159 | +59.3% |
| Deferred charges and accrued income | 490/1 | - | €999 | +€999 | |
| Total equity and liabilities | 10/49 | €16,803,636 | €17,402,363 | +€598,727 | +3.6% |
| Equity | 10/15 | €14,425,159 | €14,951,538 | +€526,380 | +3.6% |
| Contributions | 10/11 | €8,400,000 | €8,400,000 | = | 0.0% |
| Reserves | 13 | €6,025,159 | €6,551,538 | +€526,380 | +8.7% |
| Distributable reserves | 133 | €6,025,159 | €6,551,538 | +€526,380 | +8.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,378,477 | €2,450,825 | +€72,347 | +3.0% |
| Amounts payable after more than one year | 17 | €1,693,114 | €1,486,138 | -€206,976 | -12.2% |
| Financial debts | 170/4 | €1,693,114 | €1,486,138 | -€206,976 | -12.2% |
| Amounts payable within one year | 42/48 | €679,173 | €960,664 | +€281,491 | +41.4% |
| Current portion of amounts payable after more than one year | 42 | €264,454 | €282,993 | +€18,538 | +7.0% |
| Trade debts | 44 | €31,299 | €44,260 | +€12,960 | +41.4% |
| Suppliers | 440/4 | €31,299 | €44,260 | +€12,960 | +41.4% |
| Taxes, remuneration and social security | 45 | €192,883 | €304,574 | +€111,691 | +57.9% |
| Taxes | 450/3 | €121,559 | €219,566 | +€98,006 | +80.6% |
| Remuneration and social security | 454/9 | €71,324 | €85,008 | +€13,684 | +19.2% |
| Other amounts payable | 47/48 | €190,536 | €328,838 | +€138,302 | +72.6% |
| Accrued charges and deferred income | 492/3 | €6,190 | €4,023 | -€2,167 | -35.0% |
| Non-recurring operating income | 76A | €5,279 | €15,871 | +€10,592 | +201% |
| Remuneration, social security and pensions | 62 | €566,835 | €629,667 | +€62,832 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262,017 | €342,237 | +€80,220 | +30.6% |
| Other operating charges | 640/8 | €15,927 | €17,210 | +€1,282 | +8.0% |
| Non-recurring operating charges | 66A | - | €5,278 | +€5,278 | |
| Gross operating margin | 9900 | €1,673,674 | €1,761,606 | +€87,933 | +5.3% |
| Operating profit (loss) | 9901 | €828,894 | €767,214 | -€61,679 | -7.4% |
| Financial income | 75/76B | €232,137 | €138,005 | -€94,131 | -40.5% |
| Recurring financial income | 75 | €232,137 | €138,005 | -€94,131 | -40.5% |
| Financial charges | 65/66B | €27,932 | €24,764 | -€3,168 | -11.3% |
| Recurring financial charges | 65 | €27,932 | €24,764 | -€3,168 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €1,033,099 | €880,456 | -€152,643 | -14.8% |
| Income taxes | 67/77 | -€6,276 | €47,895 | +€54,171 | |
| Profit (loss) for the period | 9904 | €1,039,375 | €832,561 | -€206,814 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,039,375 | €832,561 | -€206,814 | -19.9% |
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 16 October 2026 via checked.be.