DOLT LOGISTICS SERVICES: 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
DOLT LOGISTICS SERVICES
NACE 52.250, Logistics services
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€308,527
2025 · €248,691+€59,836
Equity
€3.3m
2025 · €2.9m+€308,276
Cash
€637,663
2025 · €964,897-€327,235
Balance sheet total
€5.5m
2025 · €5.1m+€426,387
Largest movements
Assets
- Receivables within one year +€797,443
up €797,443 (+27.3%), from €2.9m to €3.7m
of which Trade receivables: +€874,748
- Cash -€327,235
down €327,235 (-33.9%), from €964,897 to €637,663
mainly Receivables within one year (-€797,443) and Other debts (-€9,465)
Equity and liabilities
- Reserves +€305,994
up €305,994 (+10.5%), from €2.9m to €3.2m
of which Distributable reserves: +€832,244
- Trade debts +€87,354
up €87,354 (+5.4%), from €1.6m to €1.7m
Income statement
- Gross operating margin +€204,910
up €204,910 (+24.1%), from €851,964 to €1.1m
- Taxes +€122,187
up €122,187 (+138%), from €88,518 to €210,704
- Financial income -€12,560
down €12,560 (-37.1%), from €33,880 to €21,321
From the 2025 result to the 2026 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 2025
€248,691
Gross operating margin
+€204,910
Staff costs
-€4,607
Depreciation
+€534
Other operating charges
-€6,059
Financial income
-€12,560
Financial charges
-€196
Taxes
-€122,187
Result 2026
€308,527
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€320,453
Investment
-€6,531
Financing
-€251
Cash 2025
€964,897
From operations (derived)
-€320,453
Net result for the year
+€308,527
Depreciation
+€16,654
Receivables within one year
-€797,443
Deferred charges and accrued income
+€33,699
Trade debts
+€87,354
Tax, wage and social debts
+€40,985
Other debts
-€9,465
Accrued charges and deferred income
-€763
Investment (derived)
-€6,531
Current investments
-€6,531
Financing
-€251
Contributions, distributions and other
-€251
Cash 2026
€637,663
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,089,258 | €5,515,645 | +€426,387 | +8.4% |
| Fixed assets | 21/28 | €46,974 | €30,320 | -€16,654 | -35.5% |
| Tangible fixed assets | 22/27 | €46,824 | €30,171 | -€16,654 | -35.6% |
| Plant, machinery and equipment | 23 | €1,629 | €1,198 | -€431 | -26.5% |
| Furniture and vehicles | 24 | €45,196 | €28,973 | -€16,223 | -35.9% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €5,042,284 | €5,485,325 | +€443,041 | +8.8% |
| Amounts receivable within one year | 40/41 | €2,920,133 | €3,717,576 | +€797,443 | +27.3% |
| Trade receivables | 40 | €2,822,649 | €3,697,397 | +€874,748 | +31.0% |
| Other amounts receivable | 41 | €97,484 | €20,178 | -€77,306 | -79.3% |
| Current investments | 50/53 | €1,065,186 | €1,071,717 | +€6,531 | +0.6% |
| Cash at bank and in hand | 54/58 | €964,897 | €637,663 | -€327,235 | -33.9% |
| Deferred charges and accrued income | 490/1 | €92,068 | €58,369 | -€33,699 | -36.6% |
| Total equity and liabilities | 10/49 | €5,089,258 | €5,515,645 | +€426,387 | +8.4% |
| Equity | 10/15 | €2,944,762 | €3,253,039 | +€308,276 | +10.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,922,045 | €3,228,039 | +€305,994 | +10.5% |
| Tax-exempt reserves | 132 | €1,326,150 | €799,900 | -€526,250 | -39.7% |
| Distributable reserves | 133 | €1,595,895 | €2,428,139 | +€832,244 | +52.1% |
| Profit (loss) carried forward | 14 | -€2,283 | €0 | +€2,283 | |
| Amounts payable | 17/49 | €2,144,496 | €2,262,606 | +€118,111 | +5.5% |
| Amounts payable within one year | 42/48 | €2,133,075 | €2,251,948 | +€118,874 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | - | €0 | = | |
| Financial debts | 43 | €17 | €17 | = | 0.0% |
| Credit institutions | 430/8 | €17 | €17 | = | 0.0% |
| Trade debts | 44 | €1,621,985 | €1,709,339 | +€87,354 | +5.4% |
| Suppliers | 440/4 | €1,621,985 | €1,709,339 | +€87,354 | +5.4% |
| Taxes, remuneration and social security | 45 | €19,777 | €60,763 | +€40,985 | +207% |
| Taxes | 450/3 | €0 | €41,803 | +€41,803 | |
| Remuneration and social security | 454/9 | €19,777 | €18,960 | -€817 | -4.1% |
| Other amounts payable | 47/48 | €491,295 | €481,830 | -€9,465 | -1.9% |
| Accrued charges and deferred income | 492/3 | €11,421 | €10,658 | -€763 | -6.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €515,521 | €520,128 | +€4,607 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,188 | €16,654 | -€534 | -3.1% |
| Other operating charges | 640/8 | €2,294 | €8,353 | +€6,059 | +264% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €851,964 | €1,056,875 | +€204,910 | +24.1% |
| Operating profit (loss) | 9901 | €316,961 | €511,740 | +€194,779 | +61.5% |
| Financial income | 75/76B | €33,880 | €21,321 | -€12,560 | -37.1% |
| Recurring financial income | 75 | €33,880 | €21,321 | -€12,560 | -37.1% |
| Financial charges | 65/66B | €13,633 | €13,830 | +€196 | +1.4% |
| Recurring financial charges | 65 | €13,633 | €13,830 | +€196 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €337,209 | €519,231 | +€182,023 | +54.0% |
| Income taxes | 67/77 | €88,518 | €210,704 | +€122,187 | +138% |
| Profit (loss) for the period | 9904 | €248,691 | €308,527 | +€59,836 | +24.1% |
| Transfer from tax-exempt reserves | 789 | €42,100 | €526,250 | +€484,150 | +1,150% |
| Transfer to tax-exempt reserves | 689 | €210,500 | €0 | -€210,500 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €80,291 | €834,777 | +€754,486 | +940% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.