CAUSA LOGISTICS & SERVICES: 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.
CAUSA LOGISTICS & SERVICES
Largest movements
- Receivables within one year +€10,026
up €10,026 (+43.1%), from €23,237 to €33,263
of which Other amounts receivable: +€5,106
- Cash +€8,464
up €8,464 (+12.7%), from €66,413 to €74,877
mainly Net result for the year (+€37,280) and Accrued charges and deferred income (+€36,071)
- Current investments +€6,282
up €6,282 (+41.5%), from €15,126 to €21,408
- Tangible fixed assets -€4,224
down €4,224 (-3.2%), from €132,089 to €127,864
of which Land and buildings: -€3,269
- Receivables after one year +€2,921
up €2,921 (+17.5%), from €16,731 to €19,653
- Accrued charges and deferred income +€36,071
up €36,071 (+4,199%), from €859 to €36,930
- Debts after one year -€13,106
down €13,106 (-11.8%), from €110,865 to €97,759
- Gross operating margin -€3,472
down €3,472 (-5.2%), from €66,753 to €63,282
- Write-downs -€2,782
down €2,782, from €1,499 to -€1,283
- Taxes -€914
down €914 (-5.7%), from €15,942 to €15,028
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 | €253,858 | €277,624 | +€23,766 | +9.4% |
| Fixed assets | 21/28 | €132,089 | €127,864 | -€4,224 | -3.2% |
| Tangible fixed assets | 22/27 | €132,089 | €127,864 | -€4,224 | -3.2% |
| Land and buildings | 22 | €129,936 | €126,667 | -€3,269 | -2.5% |
| Furniture and vehicles | 24 | €2,152 | €1,197 | -€955 | -44.4% |
| Current assets | 29/58 | €121,769 | €149,759 | +€27,990 | +23.0% |
| Amounts receivable after more than one year | 29 | €16,731 | €19,653 | +€2,921 | +17.5% |
| Other amounts receivable | 291 | €16,731 | €19,653 | +€2,921 | +17.5% |
| Amounts receivable within one year | 40/41 | €23,237 | €33,263 | +€10,026 | +43.1% |
| Trade receivables | 40 | €14,395 | €19,315 | +€4,920 | +34.2% |
| Other amounts receivable | 41 | €8,842 | €13,948 | +€5,106 | +57.7% |
| Current investments | 50/53 | €15,126 | €21,408 | +€6,282 | +41.5% |
| Cash at bank and in hand | 54/58 | €66,413 | €74,877 | +€8,464 | +12.7% |
| Deferred charges and accrued income | 490/1 | €262 | €559 | +€297 | +113% |
| Total equity and liabilities | 10/49 | €253,858 | €277,624 | +€23,766 | +9.4% |
| Equity | 10/15 | €122,736 | €123,086 | +€350 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €104,136 | €104,486 | +€350 | +0.3% |
| Distributable reserves | 133 | €104,136 | €104,486 | +€350 | +0.3% |
| Amounts payable | 17/49 | €131,122 | €154,538 | +€23,416 | +17.9% |
| Amounts payable after more than one year | 17 | €110,865 | €97,759 | -€13,106 | -11.8% |
| Financial debts | 170/4 | €110,865 | €97,759 | -€13,106 | -11.8% |
| Amounts payable within one year | 42/48 | €19,397 | €19,848 | +€451 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €12,886 | €13,106 | +€220 | +1.7% |
| Trade debts | 44 | €2,906 | €3,097 | +€191 | +6.6% |
| Suppliers | 440/4 | €2,906 | €3,097 | +€191 | +6.6% |
| Taxes, remuneration and social security | 45 | €3,605 | €3,645 | +€40 | +1.1% |
| Taxes | 450/3 | €3,605 | €3,645 | +€40 | +1.1% |
| Accrued charges and deferred income | 492/3 | €859 | €36,930 | +€36,071 | +4,199% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,558 | €10,248 | -€310 | -2.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,499 | -€1,283 | -€2,782 | |
| Other operating charges | 640/8 | €581 | €544 | -€37 | -6.4% |
| Gross operating margin | 9900 | €66,753 | €63,282 | -€3,472 | -5.2% |
| Operating profit (loss) | 9901 | €54,115 | €53,772 | -€343 | -0.6% |
| Financial income | 75/76B | €847 | €1,321 | +€474 | +55.9% |
| Recurring financial income | 75 | €847 | €1,321 | +€474 | +55.9% |
| Financial charges | 65/66B | €2,971 | €2,785 | -€186 | -6.3% |
| Recurring financial charges | 65 | €2,971 | €2,785 | -€186 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €51,991 | €52,308 | +€317 | +0.6% |
| Income taxes | 67/77 | €15,942 | €15,028 | -€914 | -5.7% |
| Profit (loss) for the period | 9904 | €36,049 | €37,280 | +€1,231 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €36,049 | €37,280 | +€1,231 | +3.4% |
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 23 October 2026 via checked.be.