CO-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.
CO-LOGISTICS
Largest movements
- Tangible fixed assets -€15,324
down €15,324 (-23.9%), from €64,044 to €48,720
of which Furniture and vehicles: -€14,596
- Cash -€14,893
down €14,893 (-58.5%), from €25,477 to €10,584
mainly Debts after one year (-€20,000) and Net result for the year (-€10,376)
- Deferred charges and accrued income -€1,765
down €1,765 (-100.0%), from €1,765 to €0
- Receivables within one year -€1,498
down €1,498 (-5.3%), from €28,086 to €26,588
of which Trade receivables: -€1,407
- Debts after one year -€20,000
down €20,000 (-41.7%), from €48,000 to €28,000
- Profit (loss) carried forward -€10,376
down €10,376, from €15 to -€10,361
- Tax, wage and social debts -€3,499
down €3,499 (-48.8%), from €7,166 to €3,667
- Gross operating margin -€19,457
down €19,457 (-77.4%), from €25,125 to €5,668
- Taxes -€813
down €813 (-100.0%), from €813 to €0
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 | €119,373 | €85,893 | -€33,480 | -28.0% |
| Fixed assets | 21/28 | €64,044 | €48,720 | -€15,324 | -23.9% |
| Tangible fixed assets | 22/27 | €64,044 | €48,720 | -€15,324 | -23.9% |
| Land and buildings | 22 | €6,750 | €6,022 | -€728 | -10.8% |
| Furniture and vehicles | 24 | €57,294 | €42,698 | -€14,596 | -25.5% |
| Current assets | 29/58 | €55,329 | €37,172 | -€18,156 | -32.8% |
| Amounts receivable within one year | 40/41 | €28,086 | €26,588 | -€1,498 | -5.3% |
| Trade receivables | 40 | €6,095 | €4,688 | -€1,407 | -23.1% |
| Other amounts receivable | 41 | €21,992 | €21,901 | -€91 | -0.4% |
| Cash at bank and in hand | 54/58 | €25,477 | €10,584 | -€14,893 | -58.5% |
| Deferred charges and accrued income | 490/1 | €1,765 | €0 | -€1,765 | -100.0% |
| Total equity and liabilities | 10/49 | €119,373 | €85,893 | -€33,480 | -28.0% |
| Equity | 10/15 | €63,197 | €52,821 | -€10,376 | -16.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €56,982 | €56,982 | = | 0.0% |
| Distributable reserves | 133 | €56,982 | €56,982 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15 | -€10,361 | -€10,376 | |
| Amounts payable | 17/49 | €56,176 | €33,072 | -€23,104 | -41.1% |
| Amounts payable after more than one year | 17 | €48,000 | €28,000 | -€20,000 | -41.7% |
| Other amounts payable | 178/9 | €48,000 | €28,000 | -€20,000 | -41.7% |
| Amounts payable within one year | 42/48 | €8,176 | €5,072 | -€3,104 | -38.0% |
| Trade debts | 44 | €1,010 | €1,405 | +€395 | +39.1% |
| Suppliers | 440/4 | €1,010 | €1,405 | +€395 | +39.1% |
| Taxes, remuneration and social security | 45 | €7,166 | €3,667 | -€3,499 | -48.8% |
| Taxes | 450/3 | €7,166 | €3,667 | -€3,499 | -48.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,324 | €15,324 | = | 0.0% |
| Other operating charges | 640/8 | €734 | €594 | -€141 | -19.1% |
| Gross operating margin | 9900 | €25,125 | €5,668 | -€19,457 | -77.4% |
| Operating profit (loss) | 9901 | €9,067 | -€10,249 | -€19,317 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €120 | €127 | +€6 | +5.3% |
| Recurring financial charges | 65 | €120 | €127 | +€6 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €8,947 | -€10,376 | -€19,323 | |
| Income taxes | 67/77 | €813 | €0 | -€813 | -100.0% |
| Profit (loss) for the period | 9904 | €8,134 | -€10,376 | -€18,510 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,134 | -€10,376 | -€18,510 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.