CD LOGISTICS: what changed
Two fiscal 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.
CD LOGISTICS
Largest movements
- Cash +€12,699
up €12,699 (+477.7%), from €2,658 to €15,357
mainly Net result for the year (+€9,815) and Depreciation (+€8,912)
- Tangible fixed assets +€12,349
up €12,349 (+56.5%), from €21,845 to €34,194
of which Furniture and vehicles: +€13,869
- Receivables within one year -€4,143
down €4,143 (-25.3%), from €16,401 to €12,258
of which Trade receivables: -€11,167
- Deferred charges and accrued income +€1,564
up €1,564 (+148.1%), from €1,056 to €2,619
- Profit (loss) carried forward +€9,815
up €9,815 (+13.6%), from -€72,020 to -€62,205
- Debts after one year +€4,850
up €4,850 (+71.1%), from €6,819 to €11,669
- Advances received +€4,203
new in 2024: €4,203
- Other debts +€3,693
up €3,693 (+8.8%), from €41,795 to €45,488
- Tax, wage and social debts +€1,819
up €1,819 (+61.5%), from €2,957 to €4,776
- Gross operating margin +€4,233
up €4,233 (+17.3%), from €24,459 to €28,691
- Taxes +€1,819
up €1,819 (+61.5%), from €2,957 to €4,776
- Financial charges +€438
up €438 (+17.4%), from €2,516 to €2,954
- Other operating charges +€337
up €337 (+17.8%), from €1,897 to €2,234
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,997 | €64,465 | +€22,468 | +53.5% |
| Fixed assets | 21/28 | €21,882 | €34,231 | +€12,349 | +56.4% |
| Tangible fixed assets | 22/27 | €21,845 | €34,194 | +€12,349 | +56.5% |
| Plant, machinery and equipment | 23 | €3,323 | €1,803 | -€1,520 | -45.7% |
| Furniture and vehicles | 24 | €18,522 | €32,391 | +€13,869 | +74.9% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €20,115 | €30,234 | +€10,119 | +50.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €16,401 | €12,258 | -€4,143 | -25.3% |
| Trade receivables | 40 | €16,401 | €5,235 | -€11,167 | -68.1% |
| Other amounts receivable | 41 | - | €7,023 | +€7,023 | |
| Cash at bank and in hand | 54/58 | €2,658 | €15,357 | +€12,699 | +477.7% |
| Deferred charges and accrued income | 490/1 | €1,056 | €2,619 | +€1,564 | +148.1% |
| Total equity and liabilities | 10/49 | €41,997 | €64,465 | +€22,468 | +53.5% |
| Equity | 10/15 | -€51,560 | -€41,745 | +€9,815 | +19.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,020 | -€62,205 | +€9,815 | +13.6% |
| Amounts payable | 17/49 | €93,557 | €106,210 | +€12,653 | +13.5% |
| Amounts payable after more than one year | 17 | €6,819 | €11,669 | +€4,850 | +71.1% |
| Financial debts | 170/4 | €6,819 | €11,669 | +€4,850 | +71.1% |
| Amounts payable within one year | 42/48 | €86,738 | €94,541 | +€7,803 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €5,376 | €4,583 | -€793 | -14.8% |
| Trade debts | 44 | €36,611 | €35,491 | -€1,120 | -3.1% |
| Suppliers | 440/4 | €36,611 | €35,491 | -€1,120 | -3.1% |
| Advances received on contracts in progress | 46 | - | €4,203 | +€4,203 | |
| Taxes, remuneration and social security | 45 | €2,957 | €4,776 | +€1,819 | +61.5% |
| Taxes | 450/3 | €2,957 | €4,776 | +€1,819 | +61.5% |
| Other amounts payable | 47/48 | €41,795 | €45,488 | +€3,693 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,943 | €8,912 | -€32 | -0.4% |
| Other operating charges | 640/8 | €1,897 | €2,234 | +€337 | +17.8% |
| Gross operating margin | 9900 | €24,459 | €28,691 | +€4,233 | +17.3% |
| Operating profit (loss) | 9901 | €13,618 | €17,545 | +€3,927 | +28.8% |
| Financial charges | 65/66B | €2,516 | €2,954 | +€438 | +17.4% |
| Recurring financial charges | 65 | €2,516 | €2,954 | +€438 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €11,102 | €14,591 | +€3,489 | +31.4% |
| Income taxes | 67/77 | €2,957 | €4,776 | +€1,819 | +61.5% |
| Profit (loss) for the period | 9904 | €8,145 | €9,815 | +€1,670 | +20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,145 | €9,815 | +€1,670 | +20.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.