DE VREESE LOGISTIC: 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
DE VREESE LOGISTIC
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€69,228
2024 · €94,109-€163,337
Equity
€4.3m
2024 · €4.4m-€69,228
Cash
€52,261
2024 · €19,760+€32,500
Balance sheet total
€17.7m
2024 · €17.6m+€94,418
Largest movements
Assets
- Receivables within one year -€682,671
down €682,671 (-5.3%), from €12.9m to €12.2m
of which Trade receivables: -€420,158
- Tangible fixed assets +€584,419
up €584,419 (+27.9%), from €2.1m to €2.7m
of which Leasing and similar rights: +€537,441
Equity and liabilities
- Trade debts +€1.1m
up €1.1m (+40.0%), from €2.8m to €4.0m
- Tax, wage and social debts -€1.0m
down €1.0m (-37.3%), from €2.7m to €1.7m
of which Remuneration and social security: -€505,146
- Other debts -€910,525
down €910,525 (-75.2%), from €1.2m to €300,110
- Debts after one year +€890,346
up €890,346 (+49.6%), from €1.8m to €2.7m
of which Financial debts: +€1.0m
- Short-term financial debts -€355,635
down €355,635 (-13.2%), from €2.7m to €2.3m
Income statement
- Gross operating margin +€443,924
up €443,924 (+5.1%), from €8.7m to €9.2m
- Staff costs +€236,103
up €236,103 (+3.4%), from €6.9m to €7.2m
- Taxes +€157,257
up €157,257 (+164%), from €95,924 to €253,181
- Other operating charges +€102,896
up €102,896 (+25.7%), from €400,574 to €503,470
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.
Result 2024
€94,109
Gross operating margin
+€443,924
Staff costs
-€236,103
Depreciation
-€50,338
Other operating charges
-€102,896
Other operating items
-€20,500
Financial income
-€41,961
Financial charges
+€1,794
Taxes
-€157,257
Result 2025
-€69,228
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€763,487
Investment
-€1.6m
Financing
+€821,104
Cash 2024
€19,760
From operations (derived)
+€763,487
Net result for the year
-€69,228
Depreciation
+€979,842
Stocks and contracts
-€155,000
Receivables within one year
+€682,671
Deferred charges and accrued income
-€17,340
Trade debts
+€1.1m
Tax, wage and social debts
-€1.0m
Other debts
-€910,525
Accrued charges and deferred income
+€126,076
Investment (derived)
-€1.6m
Investment in fixed assets (net)
-€1.6m
Financing
+€821,104
Debts after one year
+€890,346
Current portion of long-term debt
+€286,393
Short-term financial debts
-€355,635
Cash 2025
€52,261
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,609,569 | €17,703,987 | +€94,418 | +0.5% |
| Fixed assets | 21/28 | €4,581,382 | €5,153,630 | +€572,248 | +12.5% |
| Intangible fixed assets | 21 | €1,319,464 | €1,295,453 | -€24,010 | -1.8% |
| Tangible fixed assets | 22/27 | €2,096,433 | €2,680,853 | +€584,419 | +27.9% |
| Land and buildings | 22 | €154,422 | €150,000 | -€4,422 | -2.9% |
| Plant, machinery and equipment | 23 | €6,716 | €63,945 | +€57,229 | +852% |
| Furniture and vehicles | 24 | €1,162,791 | €1,156,962 | -€5,829 | -0.5% |
| Leasing and similar rights | 25 | €772,505 | €1,309,946 | +€537,441 | +69.6% |
| Financial fixed assets | 28 | €1,165,485 | €1,177,324 | +€11,839 | +1.0% |
| Current assets | 29/58 | €13,028,187 | €12,550,357 | -€477,830 | -3.7% |
| Stocks and contracts in progress | 3 | €95,000 | €250,000 | +€155,000 | +163% |
| Stocks | 30/36 | €95,000 | €250,000 | +€155,000 | +163% |
| Amounts receivable within one year | 40/41 | €12,903,170 | €12,220,499 | -€682,671 | -5.3% |
| Trade receivables | 40 | €11,823,786 | €11,403,628 | -€420,158 | -3.6% |
| Other amounts receivable | 41 | €1,079,384 | €816,871 | -€262,513 | -24.3% |
| Cash at bank and in hand | 54/58 | €19,760 | €52,261 | +€32,500 | +164% |
| Deferred charges and accrued income | 490/1 | €10,257 | €27,597 | +€17,340 | +169% |
| Total equity and liabilities | 10/49 | €17,609,569 | €17,703,987 | +€94,418 | +0.5% |
| Equity | 10/15 | €4,402,892 | €4,333,664 | -€69,228 | -1.6% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Contributions outside capital | 11 | €62,500 | €62,500 | = | 0.0% |
| Other | 1109/19 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €4,340,185 | €4,270,534 | -€69,651 | -1.6% |
| Non-distributable reserves | 130/1 | €56,250 | €56,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €56,250 | €56,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €738,935 | €658,284 | -€80,651 | -10.9% |
| Distributable reserves | 133 | €3,545,000 | €3,556,000 | +€11,000 | +0.3% |
| Profit (loss) carried forward | 14 | €208 | €631 | +€423 | +204% |
| Provisions and deferred taxes | 16 | €247,548 | €247,548 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €247,548 | €247,548 | = | 0.0% |
| Pensions and similar obligations | 160 | €247,548 | €247,548 | = | 0.0% |
| Amounts payable | 17/49 | €12,959,129 | €13,122,775 | +€163,646 | +1.3% |
| Amounts payable after more than one year | 17 | €1,794,640 | €2,684,986 | +€890,346 | +49.6% |
| Financial debts | 170/4 | €894,640 | €1,903,386 | +€1.0m | +113% |
| Other amounts payable | 178/9 | €900,000 | €781,600 | -€118,400 | -13.2% |
| Amounts payable within one year | 42/48 | €11,106,776 | €10,254,000 | -€852,777 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €1,681,676 | €1,968,069 | +€286,393 | +17.0% |
| Financial debts | 43 | €2,699,059 | €2,343,424 | -€355,635 | -13.2% |
| Credit institutions | 430/8 | €2,699,059 | €2,343,424 | -€355,635 | -13.2% |
| Trade debts | 44 | €2,825,488 | €3,956,466 | +€1.1m | +40.0% |
| Suppliers | 440/4 | €2,825,488 | €3,956,466 | +€1.1m | +40.0% |
| Taxes, remuneration and social security | 45 | €2,689,918 | €1,685,931 | -€1.0m | -37.3% |
| Taxes | 450/3 | €1,903,834 | €1,404,993 | -€498,841 | -26.2% |
| Remuneration and social security | 454/9 | €786,084 | €280,938 | -€505,146 | -64.3% |
| Other amounts payable | 47/48 | €1,210,635 | €300,110 | -€910,525 | -75.2% |
| Accrued charges and deferred income | 492/3 | €57,713 | €183,789 | +€126,076 | +218% |
| Non-recurring operating income | 76A | €64,000 | €6,350 | -€57,650 | -90.1% |
| Remuneration, social security and pensions | 62 | €6,918,336 | €7,154,439 | +€236,103 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €929,504 | €979,842 | +€50,338 | +5.4% |
| Other operating charges | 640/8 | €400,574 | €503,470 | +€102,896 | +25.7% |
| Non-recurring operating charges | 66A | - | €20,500 | +€20,500 | |
| Gross operating margin | 9900 | €8,719,187 | €9,163,111 | +€443,924 | +5.1% |
| Operating profit (loss) | 9901 | €470,774 | €504,861 | +€34,087 | +7.2% |
| Financial income | 75/76B | €93,364 | €51,403 | -€41,961 | -44.9% |
| Recurring financial income | 75 | €93,364 | €51,403 | -€41,961 | -44.9% |
| Financial charges | 65/66B | €374,105 | €372,311 | -€1,794 | -0.5% |
| Recurring financial charges | 65 | €374,105 | €372,311 | -€1,794 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €190,033 | €183,953 | -€6,080 | -3.2% |
| Income taxes | 67/77 | €95,924 | €253,181 | +€157,257 | +164% |
| Profit (loss) for the period | 9904 | €94,109 | -€69,228 | -€163,337 | |
| Transfer from tax-exempt reserves | 789 | €58,472 | €80,651 | +€22,179 | +37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €152,581 | €11,423 | -€141,158 | -92.5% |
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 18 October 2026 via checked.be.