DB Flexible 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.
DB Flexible Logistics
Largest movements
- Receivables within one year +€100,586
up €100,586 (+25.7%), from €391,686 to €492,272
of which Other amounts receivable: +€60,000
- Cash -€34,069
down €34,069 (-6.6%), from €514,396 to €480,327
mainly Contributions, distributions and other (-€200,000) and Receivables within one year (-€100,586)
- Tangible fixed assets -€19,165
down €19,165 (-16.7%), from €114,486 to €95,321
of which Plant, machinery and equipment: -€27,672
- Other debts +€54,208
up €54,208 (+262.6%), from €20,646 to €74,853
- Profit (loss) carried forward +€29,767
up €29,767 (+4.2%), from €705,133 to €734,900
- Tax, wage and social debts -€27,687
down €27,687 (-48.9%), from €56,660 to €28,973
of which Remuneration and social security: -€30,870
- Trade debts -€17,596
down €17,596 (-84.6%), from €20,804 to €3,208
- Gross operating margin -€356,197
down €356,197 (-27.6%), from €1.3m to €933,989
- Staff costs -€99,670
down €99,670 (-15.4%), from €645,783 to €546,113
- Taxes +€27,858
up €27,858 (+36.2%), from €76,971 to €104,829
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 | €1,053,563 | €1,092,255 | +€38,692 | +3.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €147,481 | €119,657 | -€27,825 | -18.9% |
| Intangible fixed assets | 21 | €11,375 | €2,715 | -€8,660 | -76.1% |
| Tangible fixed assets | 22/27 | €114,486 | €95,321 | -€19,165 | -16.7% |
| Plant, machinery and equipment | 23 | €78,976 | €51,304 | -€27,672 | -35.0% |
| Furniture and vehicles | 24 | €35,510 | €44,017 | +€8,507 | +24.0% |
| Financial fixed assets | 28 | €21,621 | €21,621 | = | 0.0% |
| Current assets | 29/58 | €906,082 | €972,599 | +€66,517 | +7.3% |
| Amounts receivable within one year | 40/41 | €391,686 | €492,272 | +€100,586 | +25.7% |
| Trade receivables | 40 | €374,005 | €414,590 | +€40,586 | +10.9% |
| Other amounts receivable | 41 | €17,682 | €77,682 | +€60,000 | +339.3% |
| Cash at bank and in hand | 54/58 | €514,396 | €480,327 | -€34,069 | -6.6% |
| Total equity and liabilities | 10/49 | €1,053,563 | €1,092,255 | +€38,692 | +3.7% |
| Equity | 10/15 | €955,453 | €985,220 | +€29,767 | +3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €231,720 | €231,720 | = | 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% |
| Distributable reserves | 133 | €229,860 | €229,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €705,133 | €734,900 | +€29,767 | +4.2% |
| Amounts payable | 17/49 | €98,110 | €107,035 | +€8,925 | +9.1% |
| Amounts payable within one year | 42/48 | €98,110 | €107,035 | +€8,925 | +9.1% |
| Trade debts | 44 | €20,804 | €3,208 | -€17,596 | -84.6% |
| Suppliers | 440/4 | €20,804 | €3,208 | -€17,596 | -84.6% |
| Taxes, remuneration and social security | 45 | €56,660 | €28,973 | -€27,687 | -48.9% |
| Taxes | 450/3 | €22,559 | €25,742 | +€3,183 | +14.1% |
| Remuneration and social security | 454/9 | €34,101 | €3,231 | -€30,870 | -90.5% |
| Other amounts payable | 47/48 | €20,646 | €74,853 | +€54,208 | +262.6% |
| Remuneration, social security and pensions | 62 | €645,783 | €546,113 | -€99,670 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,590 | €51,434 | +€5,844 | +12.8% |
| Other operating charges | 640/8 | €1,892 | €1,374 | -€518 | -27.4% |
| Non-recurring operating charges | 66A | €90,000 | €413 | -€89,587 | -99.5% |
| Gross operating margin | 9900 | €1,290,186 | €933,989 | -€356,197 | -27.6% |
| Operating profit (loss) | 9901 | €506,921 | €334,654 | -€172,267 | -34.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €90 | €58 | -€32 | -35.6% |
| Recurring financial charges | 65 | €90 | €58 | -€32 | -35.6% |
| Profit (loss) for the period before taxes | 9903 | €506,831 | €334,596 | -€172,235 | -34.0% |
| Income taxes | 67/77 | €76,971 | €104,829 | +€27,858 | +36.2% |
| Profit (loss) for the period | 9904 | €429,860 | €229,767 | -€200,093 | -46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €429,860 | €229,767 | -€200,093 | -46.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.