DELLOGISTIC: 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.
DELLOGISTIC
Largest movements
- Current investments +€4.3m
new in 2025: €4.3m
- Tangible fixed assets +€1.0m
up €1.0m (+861.7%), from €121,343 to €1.2m
of which Land and buildings: +€1.0m
- Receivables within one year +€538,283
up €538,283 (+149.9%), from €359,193 to €897,476
of which Other amounts receivable: +€543,899
- Debts after one year +€5.4m
new in 2025: €5.4m
of which Other amounts payable: +€5.0m
- Reserves +€387,445
up €387,445 (+130.7%), from €296,352 to €683,797
of which Distributable reserves: +€394,231
- Financial income +€83,326
up €83,326 (+10846.9%), from €768 to €84,094
- Depreciation +€49,107
up €49,107 (+116.3%), from €42,232 to €91,339
- Financial charges -€43,392
down €43,392 (-91.7%), from €47,326 to €3,934
- Gross operating margin -€36,828
down €36,828 (-88.4%), from €41,647 to €4,819
- Staff costs -€24,430
down €24,430 (-57.0%), from €42,832 to €18,402
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 | €484,341 | €6,325,149 | +€5.8m | +1205.9% |
| Fixed assets | 21/28 | €121,526 | €1,169,092 | +€1.0m | +862.0% |
| Tangible fixed assets | 22/27 | €121,343 | €1,167,009 | +€1.0m | +861.7% |
| Land and buildings | 22 | - | €1,044,796 | +€1.0m | |
| Plant, machinery and equipment | 23 | €81,140 | €80,998 | -€142 | -0.2% |
| Furniture and vehicles | 24 | €40,204 | €41,215 | +€1,012 | +2.5% |
| Financial fixed assets | 28 | €183 | €2,083 | +€1,900 | +1038.9% |
| Current assets | 29/58 | €362,815 | €5,156,057 | +€4.8m | +1321.1% |
| Amounts receivable within one year | 40/41 | €359,193 | €897,476 | +€538,283 | +149.9% |
| Trade receivables | 40 | €15,004 | €9,388 | -€5,616 | -37.4% |
| Other amounts receivable | 41 | €344,189 | €888,088 | +€543,899 | +158.0% |
| Current investments | 50/53 | - | €4,250,000 | +€4.3m | |
| Cash at bank and in hand | 54/58 | €3,050 | €7,060 | +€4,009 | +131.4% |
| Deferred charges and accrued income | 490/1 | €572 | €1,521 | +€949 | +166.1% |
| Total equity and liabilities | 10/49 | €484,341 | €6,325,149 | +€5.8m | +1205.9% |
| Equity | 10/15 | €339,837 | €746,917 | +€407,080 | +119.8% |
| Contributions | 10/11 | €8,060 | €14,280 | +€6,220 | +77.2% |
| Reserves | 13 | €296,352 | €683,797 | +€387,445 | +130.7% |
| Tax-exempt reserves | 132 | €296,352 | €289,566 | -€6,786 | -2.3% |
| Distributable reserves | 133 | - | €394,231 | +€394,231 | |
| Profit (loss) carried forward | 14 | €35,425 | €48,841 | +€13,416 | +37.9% |
| Provisions and deferred taxes | 16 | €98,784 | €96,522 | -€2,262 | -2.3% |
| Deferred taxes | 168 | €98,784 | €96,522 | -€2,262 | -2.3% |
| Amounts payable | 17/49 | €45,720 | €5,481,709 | +€5.4m | +11889.8% |
| Amounts payable after more than one year | 17 | - | €5,429,409 | +€5.4m | |
| Financial debts | 170/4 | - | €429,409 | +€429,409 | |
| Other amounts payable | 178/9 | - | €5,000,000 | +€5.0m | |
| Amounts payable within one year | 42/48 | €45,720 | €52,301 | +€6,581 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | - | €15,986 | +€15,986 | |
| Trade debts | 44 | €3,849 | €36,314 | +€32,466 | +843.5% |
| Suppliers | 440/4 | €3,849 | €36,314 | +€32,466 | +843.5% |
| Taxes, remuneration and social security | 45 | €1,609 | - | -€1,609 | |
| Remuneration and social security | 454/9 | €1,609 | - | -€1,609 | |
| Other amounts payable | 47/48 | €40,262 | - | -€40,262 | |
| Remuneration, social security and pensions | 62 | €42,832 | €18,402 | -€24,430 | -57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,232 | €91,339 | +€49,107 | +116.3% |
| Other operating charges | 640/8 | €10,440 | €3,463 | -€6,977 | -66.8% |
| Gross operating margin | 9900 | €41,647 | €4,819 | -€36,828 | -88.4% |
| Operating profit (loss) | 9901 | -€53,857 | -€108,385 | -€54,528 | -101.2% |
| Financial income | 75/76B | €768 | €84,094 | +€83,326 | +10846.9% |
| Recurring financial income | 75 | €768 | €84,094 | +€83,326 | +10846.9% |
| Financial charges | 65/66B | €47,326 | €3,934 | -€43,392 | -91.7% |
| Recurring financial charges | 65 | €47,326 | €3,934 | -€43,392 | -91.7% |
| Profit (loss) for the period before taxes | 9903 | -€100,415 | -€28,226 | +€72,189 | +71.9% |
| Transfer from deferred taxes | 780 | - | €9,042 | +€9,042 | |
| Income taxes | 67/77 | - | €7,096 | +€7,096 | |
| Profit (loss) for the period | 9904 | -€100,415 | -€26,279 | +€74,136 | +73.8% |
| Transfer from tax-exempt reserves | 789 | - | €32,938 | +€32,938 | |
| Profit (loss) for the period to be appropriated | 9905 | -€100,415 | €6,658 | +€107,073 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.