C.I.T. EXPRESS 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.
C.I.T. EXPRESS LOGISTICS
Largest movements
- Cash -€45,427
down €45,427 (-51.7%), from €87,902 to €42,474
mainly Other debts (-€79,257) and Debts after one year (-€32,509)
- Financial fixed assets -€8,075
down €8,075 (-2.8%), from €291,933 to €283,858
- Receivables within one year +€7,927
up €7,927 (+3.8%), from €210,033 to €217,959
of which Trade receivables: +€5,438
- Tangible fixed assets -€6,575
down €6,575 (-35.8%), from €18,356 to €11,781
of which Plant, machinery and equipment: -€5,081
- Other debts -€79,257
down €79,257 (-79.4%), from €99,850 to €20,593
- Debts after one year -€32,509
down €32,509 (-59.0%), from €55,087 to €22,578
- Profit (loss) carried forward +€25,676
up €25,676 (+13.2%), from €194,623 to €220,299
- Trade debts +€23,713
up €23,713 (+17.9%), from €132,318 to €156,031
- Tax, wage and social debts +€11,891
up €11,891 (+135%), from €8,824 to €20,715
of which Taxes: +€11,191
- Gross operating margin +€20,132
up €20,132 (+99.1%), from €20,306 to €40,438
- Taxes +€9,779
up €9,779 (+7,790%), from €126 to €9,905
- Financial charges -€1,804
down €1,804 (-28.9%), from €6,237 to €4,433
- Other operating charges -€1,711
down €1,711 (-72.8%), from €2,351 to €640
- Depreciation +€617
up €617 (+10.4%), from €5,958 to €6,575
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 | €608,876 | €556,759 | -€52,117 | -8.6% |
| Fixed assets | 21/28 | €310,289 | €295,639 | -€14,650 | -4.7% |
| Tangible fixed assets | 22/27 | €18,356 | €11,781 | -€6,575 | -35.8% |
| Plant, machinery and equipment | 23 | €14,893 | €9,813 | -€5,081 | -34.1% |
| Furniture and vehicles | 24 | €3,462 | €1,968 | -€1,494 | -43.2% |
| Financial fixed assets | 28 | €291,933 | €283,858 | -€8,075 | -2.8% |
| Current assets | 29/58 | €298,587 | €261,121 | -€37,467 | -12.5% |
| Amounts receivable within one year | 40/41 | €210,033 | €217,959 | +€7,927 | +3.8% |
| Trade receivables | 40 | €105,517 | €110,955 | +€5,438 | +5.2% |
| Other amounts receivable | 41 | €104,516 | €107,005 | +€2,488 | +2.4% |
| Cash at bank and in hand | 54/58 | €87,902 | €42,474 | -€45,427 | -51.7% |
| Deferred charges and accrued income | 490/1 | €653 | €687 | +€34 | +5.3% |
| Total equity and liabilities | 10/49 | €608,876 | €556,759 | -€52,117 | -8.6% |
| Equity | 10/15 | €275,408 | €299,800 | +€24,392 | +8.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €15,608 | €15,608 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,408 | €9,408 | = | 0.0% |
| Profit (loss) carried forward | 14 | €194,623 | €220,299 | +€25,676 | +13.2% |
| Investment grants | 15 | €3,177 | €1,893 | -€1,284 | -40.4% |
| Provisions and deferred taxes | 16 | €4,516 | €4,088 | -€428 | -9.5% |
| Provisions for liabilities and charges | 160/5 | €3,457 | €3,457 | = | 0.0% |
| Environmental obligations | 163 | €3,457 | €3,457 | = | 0.0% |
| Deferred taxes | 168 | €1,059 | €631 | -€428 | -40.4% |
| Amounts payable | 17/49 | €328,952 | €252,871 | -€76,080 | -23.1% |
| Amounts payable after more than one year | 17 | €55,087 | €22,578 | -€32,509 | -59.0% |
| Financial debts | 170/4 | €55,087 | €22,578 | -€32,509 | -59.0% |
| Amounts payable within one year | 42/48 | €271,939 | €229,848 | -€42,092 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €30,948 | €32,509 | +€1,561 | +5.0% |
| Trade debts | 44 | €132,318 | €156,031 | +€23,713 | +17.9% |
| Suppliers | 440/4 | €132,318 | €156,031 | +€23,713 | +17.9% |
| Taxes, remuneration and social security | 45 | €8,824 | €20,715 | +€11,891 | +135% |
| Taxes | 450/3 | €7,524 | €18,715 | +€11,191 | +149% |
| Remuneration and social security | 454/9 | €1,300 | €2,000 | +€700 | +53.8% |
| Other amounts payable | 47/48 | €99,850 | €20,593 | -€79,257 | -79.4% |
| Accrued charges and deferred income | 492/3 | €1,926 | €446 | -€1,480 | -76.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,958 | €6,575 | +€617 | +10.4% |
| Other operating charges | 640/8 | €2,351 | €640 | -€1,711 | -72.8% |
| Gross operating margin | 9900 | €20,306 | €40,438 | +€20,132 | +99.1% |
| Operating profit (loss) | 9901 | €11,998 | €33,224 | +€21,226 | +177% |
| Financial income | 75/76B | €6,366 | €6,362 | -€4 | -0.1% |
| Recurring financial income | 75 | €6,366 | €6,362 | -€4 | -0.1% |
| Financial charges | 65/66B | €6,237 | €4,433 | -€1,804 | -28.9% |
| Recurring financial charges | 65 | €6,237 | €4,433 | -€1,804 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €12,127 | €35,152 | +€23,025 | +190% |
| Transfer from deferred taxes | 780 | €428 | €428 | = | 0.0% |
| Income taxes | 67/77 | €126 | €9,905 | +€9,779 | +7,790% |
| Profit (loss) for the period | 9904 | €12,429 | €25,676 | +€13,246 | +107% |
| Profit (loss) for the period to be appropriated | 9905 | €12,429 | €25,676 | +€13,246 | +107% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.