CLF 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.
What changed
CLF Logistics
NACE 52.100, Warehousing and storage
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€185,833
2023 · €142,119+€43,715
Equity
€3.3m
2023 · €3.2m+€161,349
Cash
€92,338
2023 · €90,348+€1,990
Balance sheet total
€5.0m
2023 · €4.7m+€321,701
Largest movements
Assets
- Tangible fixed assets +€171,358
up €171,358 (+4.0%), from €4.3m to €4.5m
of which Furniture and vehicles: +€498,595
- Receivables within one year +€136,206
up €136,206 (+103.7%), from €131,386 to €267,592
of which Trade receivables: +€136,014
Equity and liabilities
- Trade debts +€488,221
up €488,221 (+152.8%), from €319,565 to €807,786
- Profit (loss) carried forward +€185,833
up €185,833 (+11.4%), from €1.6m to €1.8m
- Current portion of long-term debt -€163,633
down €163,633 (-89.7%), from €182,456 to €18,823
- Other debts -€99,249
down €99,249 (-17.5%), from €566,404 to €467,155
Income statement
- Services and other goods +€801,504
up €801,504 (+69.5%), from €1.2m to €2.0m
- Turnover +€778,520
up €778,520 (+22.1%), from €3.5m to €4.3m
- Depreciation -€101,429
down €101,429 (-21.5%), from €472,504 to €371,076
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.
Result 2023
€142,119
Turnover
+€778,520
Other operating income
+€18,090
Services and other goods
-€801,504
Staff costs
+€9,420
Depreciation
+€101,429
Other operating charges
-€18,040
Other operating items
+€3,185
Financial income
-€23,894
Financial charges
+€2,335
Taxes
-€20,585
Deferred taxes and other
-€5,240
Result 2024
€185,833
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.
From operations
+€751,363
Investment
-€542,433
Financing
-€206,940
Cash 2023
€90,348
From operations (derived)
+€751,363
Net result for the year
+€185,833
Depreciation
+€371,076
Receivables within one year
-€136,206
Deferred charges and accrued income
-€12,147
Provisions
-€6,058
Trade debts
+€488,221
Tax, wage and social debts
-€40,106
Other debts
-€99,249
Investment (derived)
-€542,433
Investment in fixed assets (net)
-€542,433
Financing
-€206,940
Debts after one year
-€18,823
Current portion of long-term debt
-€163,633
Contributions, distributions and other
-€24,484
Cash 2024
€92,338
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,676,329 | €4,998,029 | +€321,701 | +6.9% |
| Fixed assets | 21/28 | €4,306,524 | €4,477,882 | +€171,358 | +4.0% |
| Tangible fixed assets | 22/27 | €4,306,524 | €4,477,882 | +€171,358 | +4.0% |
| Land and buildings | 22 | €608,441 | €448,790 | -€159,650 | -26.2% |
| Plant, machinery and equipment | 23 | €121,036 | €99,264 | -€21,772 | -18.0% |
| Furniture and vehicles | 24 | €3,242,667 | €3,741,262 | +€498,595 | +15.4% |
| Leasing and similar rights | 25 | €334,381 | €188,566 | -€145,815 | -43.6% |
| Current assets | 29/58 | €369,804 | €520,148 | +€150,343 | +40.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €131,386 | €267,592 | +€136,206 | +103.7% |
| Trade receivables | 40 | €130,744 | €266,758 | +€136,014 | +104.0% |
| Other amounts receivable | 41 | €642 | €834 | +€192 | +29.9% |
| Cash at bank and in hand | 54/58 | €90,348 | €92,338 | +€1,990 | +2.2% |
| Deferred charges and accrued income | 490/1 | €148,071 | €160,218 | +€12,147 | +8.2% |
| Total equity and liabilities | 10/49 | €4,676,329 | €4,998,029 | +€321,701 | +6.9% |
| Equity | 10/15 | €3,183,613 | €3,344,962 | +€161,349 | +5.1% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Capital | 10 | €750,000 | €750,000 | = | 0.0% |
| Issued capital | 100 | €750,000 | €750,000 | = | 0.0% |
| Revaluation surpluses | 12 | €705,985 | €705,985 | = | 0.0% |
| Reserves | 13 | €75,000 | €75,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €75,000 | €75,000 | = | 0.0% |
| Legal reserve | 130 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,628,144 | €1,813,977 | +€185,833 | +11.4% |
| Investment grants | 15 | €24,484 | €0 | -€24,484 | -100.0% |
| Provisions and deferred taxes | 16 | €6,058 | €0 | -€6,058 | -100.0% |
| Deferred taxes | 168 | €6,058 | €0 | -€6,058 | -100.0% |
| Amounts payable | 17/49 | €1,486,657 | €1,653,067 | +€166,410 | +11.2% |
| Amounts payable after more than one year | 17 | €18,823 | €0 | -€18,823 | -100.0% |
| Financial debts | 170/4 | €18,823 | €0 | -€18,823 | -100.0% |
| Leasing and similar obligations | 172 | €18,823 | €0 | -€18,823 | -100.0% |
| Amounts payable within one year | 42/48 | €1,467,834 | €1,653,067 | +€185,233 | +12.6% |
| Current portion of amounts payable after more than one year | 42 | €182,456 | €18,823 | -€163,633 | -89.7% |
| Trade debts | 44 | €319,565 | €807,786 | +€488,221 | +152.8% |
| Suppliers | 440/4 | €319,565 | €807,786 | +€488,221 | +152.8% |
| Taxes, remuneration and social security | 45 | €399,410 | €359,304 | -€40,106 | -10.0% |
| Taxes | 450/3 | €165,556 | €132,753 | -€32,804 | -19.8% |
| Remuneration and social security | 454/9 | €233,854 | €226,552 | -€7,302 | -3.1% |
| Other amounts payable | 47/48 | €566,404 | €467,155 | -€99,249 | -17.5% |
| Operating income | 70/76A | €3,673,214 | €4,472,813 | +€799,599 | +21.8% |
| Turnover | 70 | €3,523,795 | €4,302,315 | +€778,520 | +22.1% |
| Other operating income | 74 | €149,419 | €167,509 | +€18,090 | +12.1% |
| Non-recurring operating income | 76A | - | €2,990 | +€2,990 | |
| Operating charges | 60/66A | €3,508,221 | €4,216,721 | +€708,500 | +20.2% |
| Services and other goods | 61 | €1,152,726 | €1,954,231 | +€801,504 | +69.5% |
| Remuneration, social security and pensions | 62 | €1,713,052 | €1,703,631 | -€9,420 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €472,504 | €371,076 | -€101,429 | -21.5% |
| Other operating charges | 640/8 | €168,039 | €186,079 | +€18,040 | +10.7% |
| Non-recurring operating charges | 66A | €1,900 | €1,705 | -€195 | -10.3% |
| Operating profit (loss) | 9901 | €164,993 | €256,092 | +€91,099 | +55.2% |
| Financial income | 75/76B | €48,379 | €24,485 | -€23,894 | -49.4% |
| Recurring financial income | 75 | €48,379 | €24,485 | -€23,894 | -49.4% |
| Other financial income | 752/9 | €48,379 | €24,485 | -€23,894 | -49.4% |
| Financial charges | 65/66B | €24,564 | €22,229 | -€2,335 | -9.5% |
| Recurring financial charges | 65 | €24,564 | €22,229 | -€2,335 | -9.5% |
| Debt charges | 650 | €2,915 | €967 | -€1,948 | -66.8% |
| Other financial charges | 652/9 | €21,649 | €21,262 | -€387 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €188,809 | €258,348 | +€69,540 | +36.8% |
| Transfer from deferred taxes | 780 | €11,298 | €6,058 | -€5,240 | -46.4% |
| Income taxes | 67/77 | €57,988 | €78,574 | +€20,585 | +35.5% |
| Taxes | 670/3 | €58,173 | €78,574 | +€20,401 | +35.1% |
| Tax adjustments and reversals of tax provisions | 77 | €184 | €0 | -€184 | -100.0% |
| Profit (loss) for the period | 9904 | €142,119 | €185,833 | +€43,715 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €142,119 | €185,833 | +€43,715 | +30.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.