CONSTELLATION COLD LOGISTICS HDS: what changed
CONSTELLATION COLD LOGISTICS HDS
Largest movements
- Receivables within one year +€341,843
up €341,843 (+49.4%), from €691,811 to €1.0m
of which Other amounts receivable: +€335,632
- Cash -€85,736
down €85,736 (-99.7%), from €85,994 to €257
mainly Receivables within one year (-€341,843) and Trade debts (-€49,662)
- Intangible fixed assets -€13,857
down €13,857 (-25.0%), from €55,466 to €41,609
- Profit (loss) carried forward +€210,259
up €210,259 (+35.8%), from €587,740 to €797,999
- Trade debts -€49,662
down €49,662 (-30.7%), from €161,928 to €112,266
- Tax, wage and social debts +€36,927
up €36,927 (+21.8%), from €169,297 to €206,224
of which Remuneration and social security: +€27,942
- Other debts +€26,490
up €26,490 (+650%), from €4,075 to €30,564
- Staff costs +€95,855
up €95,855 (+23.4%), from €409,887 to €505,742
- Gross operating margin +€24,004
up €24,004 (+2.9%), from €824,244 to €848,247
- Taxes -€19,924
down €19,924 (-16.6%), from €119,924 to €100,000
- Depreciation +€9,858
up €9,858 (+27.1%), from €36,398 to €46,256
- Financial income +€9,404
up €9,404 (+58.5%), from €16,066 to €25,470
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €970,040 | €1,203,222 | +€233,182 | +24.0% |
| Fixed assets | 21/28 | €186,542 | €167,037 | -€19,505 | -10.5% |
| Intangible fixed assets | 21 | €55,466 | €41,609 | -€13,857 | -25.0% |
| Tangible fixed assets | 22/27 | €131,076 | €125,428 | -€5,648 | -4.3% |
| Plant, machinery and equipment | 23 | €75,177 | €72,659 | -€2,518 | -3.3% |
| Furniture and vehicles | 24 | €55,899 | €52,769 | -€3,130 | -5.6% |
| Current assets | 29/58 | €783,498 | €1,036,185 | +€252,687 | +32.3% |
| Amounts receivable within one year | 40/41 | €691,811 | €1,033,654 | +€341,843 | +49.4% |
| Trade receivables | 40 | €212,451 | €218,663 | +€6,212 | +2.9% |
| Other amounts receivable | 41 | €479,360 | €814,991 | +€335,632 | +70.0% |
| Cash at bank and in hand | 54/58 | €85,994 | €257 | -€85,736 | -99.7% |
| Deferred charges and accrued income | 490/1 | €5,693 | €2,273 | -€3,420 | -60.1% |
| Total equity and liabilities | 10/49 | €970,040 | €1,203,222 | +€233,182 | +24.0% |
| Equity | 10/15 | €607,740 | €817,999 | +€210,259 | +34.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €587,740 | €797,999 | +€210,259 | +35.8% |
| Amounts payable | 17/49 | €362,300 | €385,223 | +€22,923 | +6.3% |
| Amounts payable within one year | 42/48 | €335,300 | €349,054 | +€13,755 | +4.1% |
| Trade debts | 44 | €161,928 | €112,266 | -€49,662 | -30.7% |
| Suppliers | 440/4 | €161,928 | €112,266 | -€49,662 | -30.7% |
| Taxes, remuneration and social security | 45 | €169,297 | €206,224 | +€36,927 | +21.8% |
| Taxes | 450/3 | €113,089 | €122,074 | +€8,985 | +7.9% |
| Remuneration and social security | 454/9 | €56,208 | €84,150 | +€27,942 | +49.7% |
| Other amounts payable | 47/48 | €4,075 | €30,564 | +€26,490 | +650% |
| Accrued charges and deferred income | 492/3 | €27,000 | €36,168 | +€9,168 | +34.0% |
| Remuneration, social security and pensions | 62 | €409,887 | €505,742 | +€95,855 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,398 | €46,256 | +€9,858 | +27.1% |
| Other operating charges | 640/8 | €3,420 | €9,202 | +€5,782 | +169% |
| Gross operating margin | 9900 | €824,244 | €848,247 | +€24,004 | +2.9% |
| Operating profit (loss) | 9901 | €374,539 | €287,047 | -€87,491 | -23.4% |
| Financial income | 75/76B | €16,066 | €25,470 | +€9,404 | +58.5% |
| Recurring financial income | 75 | €16,066 | €25,470 | +€9,404 | +58.5% |
| Financial charges | 65/66B | €5,280 | €2,259 | -€3,021 | -57.2% |
| Recurring financial charges | 65 | €5,280 | €2,259 | -€3,021 | -57.2% |
| Profit (loss) for the period before taxes | 9903 | €385,325 | €310,259 | -€75,066 | -19.5% |
| Income taxes | 67/77 | €119,924 | €100,000 | -€19,924 | -16.6% |
| Profit (loss) for the period | 9904 | €265,401 | €210,259 | -€55,142 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €265,401 | €210,259 | -€55,142 | -20.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.