CBC 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.
CBC LOGISTICS
Largest movements
- Receivables within one year +€97,693
up €97,693 (+35.9%), from €271,900 to €369,593
of which Trade receivables: +€98,516
- Tangible fixed assets -€23,365
down €23,365 (-21.8%), from €106,975 to €83,610
of which Furniture and vehicles: -€12,208
- Trade debts +€53,802
up €53,802 (+81.0%), from €66,394 to €120,196
- Other debts +€24,704
up €24,704 (+16.2%), from €152,781 to €177,485
- Reserves -€17,395
down €17,395 (-2.8%), from €622,153 to €604,757
- Write-downs -€159,151
down €159,151, from €74,566 to -€84,584
- Other operating charges +€84,472
up €84,472 (+1,587%), from €5,322 to €89,793
- Taxes +€22,672
up €22,672 (+64.7%), from €35,039 to €57,711
- Staff costs +€9,627
up €9,627 (+5.1%), from €190,171 to €199,798
- Financial income -€5,802
down €5,802 (-44.4%), from €13,075 to €7,272
of which Financial income: -€5,802
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 | €877,929 | €944,559 | +€66,630 | +7.6% |
| Fixed assets | 21/28 | €106,975 | €83,610 | -€23,365 | -21.8% |
| Tangible fixed assets | 22/27 | €106,975 | €83,610 | -€23,365 | -21.8% |
| Plant, machinery and equipment | 23 | €40,394 | €30,366 | -€10,029 | -24.8% |
| Furniture and vehicles | 24 | €55,969 | €43,761 | -€12,208 | -21.8% |
| Other tangible fixed assets | 26 | €10,611 | €9,483 | -€1,128 | -10.6% |
| Current assets | 29/58 | €770,954 | €860,949 | +€89,995 | +11.7% |
| Amounts receivable within one year | 40/41 | €271,900 | €369,593 | +€97,693 | +35.9% |
| Trade receivables | 40 | €249,913 | €348,428 | +€98,516 | +39.4% |
| Other amounts receivable | 41 | €21,987 | €21,164 | -€823 | -3.7% |
| Cash at bank and in hand | 54/58 | €498,541 | €491,356 | -€7,184 | -1.4% |
| Deferred charges and accrued income | 490/1 | €514 | €0 | -€514 | -100% |
| Total equity and liabilities | 10/49 | €877,929 | €944,559 | +€66,630 | +7.6% |
| Equity | 10/15 | €642,153 | €624,757 | -€17,395 | -2.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €622,153 | €604,757 | -€17,395 | -2.8% |
| Distributable reserves | 133 | €622,153 | €604,757 | -€17,395 | -2.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €235,777 | €319,802 | +€84,025 | +35.6% |
| Amounts payable within one year | 42/48 | €235,777 | €319,802 | +€84,025 | +35.6% |
| Trade debts | 44 | €66,394 | €120,196 | +€53,802 | +81.0% |
| Suppliers | 440/4 | €66,394 | €120,196 | +€53,802 | +81.0% |
| Taxes, remuneration and social security | 45 | €16,601 | €22,121 | +€5,520 | +33.2% |
| Taxes | 450/3 | €1,120 | €5,383 | +€4,263 | +381% |
| Remuneration and social security | 454/9 | €15,482 | €16,738 | +€1,257 | +8.1% |
| Other amounts payable | 47/48 | €152,781 | €177,485 | +€24,704 | +16.2% |
| Non-recurring operating income | 76A | €4,190 | €0 | -€4,190 | -100% |
| Remuneration, social security and pensions | 62 | €190,171 | €199,798 | +€9,627 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,036 | €42,109 | +€2,073 | +5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €74,566 | -€84,584 | -€159,151 | |
| Other operating charges | 640/8 | €5,322 | €89,793 | +€84,472 | +1,587% |
| Gross operating margin | 9900 | €417,047 | €418,031 | +€984 | +0.2% |
| Operating profit (loss) | 9901 | €106,952 | €170,915 | +€63,963 | +59.8% |
| Financial income | 75/76B | €13,075 | €7,272 | -€5,802 | -44.4% |
| Recurring financial income | 75 | €13,075 | €7,272 | -€5,802 | -44.4% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €89 | €219 | +€130 | +145% |
| Recurring financial charges | 65 | €89 | €219 | +€130 | +145% |
| Profit (loss) for the period before taxes | 9903 | €119,938 | €177,969 | +€58,031 | +48.4% |
| Income taxes | 67/77 | €35,039 | €57,711 | +€22,672 | +64.7% |
| Profit (loss) for the period | 9904 | €84,899 | €120,258 | +€35,359 | +41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €84,899 | €120,258 | +€35,359 | +41.6% |
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 18 October 2026 via checked.be.