CDG 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.
CDG Logistics
Largest movements
- Financial fixed assets -€52,010
no longer reported in 2025 (was €52,010)
- Receivables within one year -€26,770
down €26,770 (-22.0%), from €121,606 to €94,835
of which Other amounts receivable: -€45,920
- Tangible fixed assets -€24,759
down €24,759 (-3.5%), from €699,943 to €675,184
of which Land and buildings: -€22,750
- Other debts -€96,575
down €96,575 (-92.4%), from €104,564 to €7,989
- Debts after one year -€53,407
down €53,407 (-12.8%), from €417,308 to €363,901
of which Financial debts: -€53,407
- Profit (loss) carried forward +€24,384
up €24,384 (+95.6%), from €25,514 to €49,898
- Accrued charges and deferred income +€14,160
up €14,160 (+40.0%), from €35,440 to €49,600
- Gross operating margin +€23,051
up €23,051 (+38.8%), from €59,368 to €82,419
- Depreciation +€8,962
up €8,962 (+56.7%), from €15,797 to €24,759
- Financial charges -€3,964
down €3,964 (-13.9%), from €28,485 to €24,521
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.
Cash bridge derived
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 | €891,198 | €782,596 | -€108,602 | -12.2% |
| Fixed assets | 21/28 | €751,953 | €675,184 | -€76,769 | -10.2% |
| Tangible fixed assets | 22/27 | €699,943 | €675,184 | -€24,759 | -3.5% |
| Land and buildings | 22 | €694,526 | €671,776 | -€22,750 | -3.3% |
| Plant, machinery and equipment | 23 | €5,417 | €3,408 | -€2,009 | -37.1% |
| Financial fixed assets | 28 | €52,010 | - | -€52,010 | |
| Current assets | 29/58 | €139,244 | €107,412 | -€31,833 | -22.9% |
| Amounts receivable within one year | 40/41 | €121,606 | €94,835 | -€26,770 | -22.0% |
| Trade receivables | 40 | €7,623 | €26,773 | +€19,150 | +251.2% |
| Other amounts receivable | 41 | €113,983 | €68,062 | -€45,920 | -40.3% |
| Cash at bank and in hand | 54/58 | €12,371 | €7,099 | -€5,272 | -42.6% |
| Deferred charges and accrued income | 490/1 | €5,268 | €5,477 | +€210 | +4.0% |
| Total equity and liabilities | 10/49 | €891,198 | €782,596 | -€108,602 | -12.2% |
| Equity | 10/15 | €269,114 | €293,498 | +€24,384 | +9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €225,000 | €225,000 | = | 0.0% |
| Distributable reserves | 133 | €225,000 | €225,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,514 | €49,898 | +€24,384 | +95.6% |
| Amounts payable | 17/49 | €622,084 | €489,098 | -€132,986 | -21.4% |
| Amounts payable after more than one year | 17 | €417,308 | €363,901 | -€53,407 | -12.8% |
| Financial debts | 170/4 | €217,308 | €163,901 | -€53,407 | -24.6% |
| Other amounts payable | 178/9 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €169,335 | €75,596 | -€93,739 | -55.4% |
| Current portion of amounts payable after more than one year | 42 | €51,241 | €53,407 | +€2,166 | +4.2% |
| Trade debts | 44 | €10,919 | €12,235 | +€1,316 | +12.0% |
| Suppliers | 440/4 | €10,919 | €12,235 | +€1,316 | +12.0% |
| Taxes, remuneration and social security | 45 | €2,611 | €1,965 | -€646 | -24.7% |
| Taxes | 450/3 | €2,611 | €1,965 | -€646 | -24.7% |
| Other amounts payable | 47/48 | €104,564 | €7,989 | -€96,575 | -92.4% |
| Accrued charges and deferred income | 492/3 | €35,440 | €49,600 | +€14,160 | +40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,797 | €24,759 | +€8,962 | +56.7% |
| Other operating charges | 640/8 | €9,584 | €8,936 | -€648 | -6.8% |
| Gross operating margin | 9900 | €59,368 | €82,419 | +€23,051 | +38.8% |
| Operating profit (loss) | 9901 | €33,987 | €48,723 | +€14,737 | +43.4% |
| Financial income | 75/76B | €680 | €682 | +€2 | +0.3% |
| Recurring financial income | 75 | €680 | €682 | +€2 | +0.3% |
| Financial charges | 65/66B | €28,485 | €24,521 | -€3,964 | -13.9% |
| Recurring financial charges | 65 | €28,485 | €24,521 | -€3,964 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €6,181 | €24,884 | +€18,703 | +302.6% |
| Income taxes | 67/77 | - | €500 | +€500 | |
| Profit (loss) for the period | 9904 | €6,181 | €24,384 | +€18,203 | +294.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,181 | €24,384 | +€18,203 | +294.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.