DESPIERRE 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.
DESPIERRE LOGISTICS
Largest movements
- Tangible fixed assets +€77,648
up €77,648 (+51.5%), from €150,712 to €228,360
of which Leasing and similar rights: +€77,953
- Receivables within one year +€57,450
up €57,450 (+11.0%), from €520,974 to €578,424
of which Other amounts receivable: +€36,010
- Cash -€32,766
down €32,766 (-95.2%), from €34,423 to €1,657
mainly Investment in fixed assets (net) (-€125,000) and Other debts (-€87,625)
- Debts after one year +€94,336
up €94,336 (+114%), from €82,395 to €176,730
- Other debts -€87,625
down €87,625 (-96.2%), from €91,062 to €3,437
- Current portion of long-term debt +€73,448
up €73,448 (+284%), from €25,907 to €99,355
- Trade debts +€17,632
up €17,632 (+36.8%), from €47,860 to €65,492
- Tax, wage and social debts +€16,411
up €16,411 (+16.6%), from €98,862 to €115,273
of which Taxes: +€29,669
- Other operating charges +€114,544
up €114,544 (+1,868%), from €6,133 to €120,677
- Turnover -€60,906
down €60,906 (-6.2%), from €977,927 to €917,021
- Gross operating margin +€35,317
up €35,317 (+5.0%), from €701,669 to €736,986
- Taxes -€20,538
down €20,538 (-65.3%), from €31,437 to €10,899
- Purchases and services -€18,058
down €18,058 (-5.3%), from €342,855 to €324,797
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €764,782 | €873,499 | +€108,717 | +14.2% |
| Fixed assets | 21/28 | €150,712 | €228,360 | +€77,648 | +51.5% |
| Tangible fixed assets | 22/27 | €150,712 | €228,360 | +€77,648 | +51.5% |
| Furniture and vehicles | 24 | €41,861 | €41,556 | -€305 | -0.7% |
| Leasing and similar rights | 25 | €108,851 | €186,804 | +€77,953 | +71.6% |
| Current assets | 29/58 | €614,070 | €645,139 | +€31,069 | +5.1% |
| Stocks and contracts in progress | 3 | €27,298 | €33,686 | +€6,388 | +23.4% |
| Stocks | 30/36 | €27,298 | €33,686 | +€6,388 | +23.4% |
| Amounts receivable within one year | 40/41 | €520,974 | €578,424 | +€57,450 | +11.0% |
| Trade receivables | 40 | €437,724 | €459,165 | +€21,441 | +4.9% |
| Other amounts receivable | 41 | €83,250 | €119,260 | +€36,010 | +43.3% |
| Cash at bank and in hand | 54/58 | €34,423 | €1,657 | -€32,766 | -95.2% |
| Deferred charges and accrued income | 490/1 | €31,375 | €31,372 | -€3 | 0.0% |
| Total equity and liabilities | 10/49 | €764,782 | €873,499 | +€108,717 | +14.2% |
| Equity | 10/15 | €416,715 | €408,836 | -€7,879 | -1.9% |
| Contributions | 10/11 | €20,625 | €18,750 | -€1,875 | -9.1% |
| Reserves | 13 | €286,356 | €288,231 | +€1,875 | +0.7% |
| Non-distributable reserves | 130/1 | €77,951 | €79,826 | +€1,875 | +2.4% |
| Other | 1319 | €77,951 | €79,826 | +€1,875 | +2.4% |
| Tax-exempt reserves | 132 | €161,504 | €161,504 | = | 0.0% |
| Distributable reserves | 133 | €46,901 | €46,901 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,734 | €101,855 | -€7,879 | -7.2% |
| Amounts payable | 17/49 | €348,067 | €464,663 | +€116,596 | +33.5% |
| Amounts payable after more than one year | 17 | €82,395 | €176,730 | +€94,336 | +114% |
| Financial debts | 170/4 | €82,395 | €176,730 | +€94,336 | +114% |
| Amounts payable within one year | 42/48 | €263,691 | €283,558 | +€19,867 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €25,907 | €99,355 | +€73,448 | +284% |
| Trade debts | 44 | €47,860 | €65,492 | +€17,632 | +36.8% |
| Suppliers | 440/4 | €47,860 | €65,492 | +€17,632 | +36.8% |
| Taxes, remuneration and social security | 45 | €98,862 | €115,273 | +€16,411 | +16.6% |
| Taxes | 450/3 | €52,337 | €82,006 | +€29,669 | +56.7% |
| Remuneration and social security | 454/9 | €46,525 | €33,267 | -€13,258 | -28.5% |
| Other amounts payable | 47/48 | €91,062 | €3,437 | -€87,625 | -96.2% |
| Accrued charges and deferred income | 492/3 | €1,981 | €4,375 | +€2,393 | +121% |
| Turnover | 70 | €977,927 | €917,021 | -€60,906 | -6.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €342,855 | €324,797 | -€18,058 | -5.3% |
| Remuneration, social security and pensions | 62 | €546,143 | €557,874 | +€11,731 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,410 | €47,352 | -€5,058 | -9.7% |
| Other operating charges | 640/8 | €6,133 | €120,677 | +€114,544 | +1,868% |
| Gross operating margin | 9900 | €701,669 | €736,986 | +€35,317 | +5.0% |
| Operating profit (loss) | 9901 | €96,982 | €11,083 | -€85,899 | -88.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,097 | €8,063 | +€6,966 | +635% |
| Recurring financial charges | 65 | €1,097 | €8,063 | +€6,966 | +635% |
| Profit (loss) for the period before taxes | 9903 | €95,886 | €3,020 | -€92,866 | -96.9% |
| Income taxes | 67/77 | €31,437 | €10,899 | -€20,538 | -65.3% |
| Profit (loss) for the period | 9904 | €64,449 | -€7,879 | -€72,327 | |
| Profit (loss) for the period to be appropriated | 9905 | €64,449 | -€7,879 | -€72,327 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.