Double You 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.
Double You Logistics
Largest movements
- Receivables within one year +€117,177
up €117,177 (+98.2%), from €119,278 to €236,455
of which Trade receivables: +€129,435
- Tangible fixed assets +€67,859
up €67,859 (+102%), from €66,322 to €134,181
of which Furniture and vehicles: +€74,629
- Cash -€48,432
down €48,432 (-77.3%), from €62,617 to €14,185
mainly Receivables within one year (-€117,177) and Investment in fixed assets (net) (-€97,799)
- Trade debts +€121,765
up €121,765 (+213%), from €57,186 to €178,951
- Tax, wage and social debts +€14,389
up €14,389 (+56.2%), from €25,603 to €39,992
of which Taxes: +€11,097
- Accrued charges and deferred income -€4,908
down €4,908 (-96.8%), from €5,068 to €160
- Gross operating margin +€25,563
up €25,563 (+9.9%), from €257,780 to €283,343
- Depreciation +€8,569
up €8,569 (+40.1%), from €21,371 to €29,940
- Other operating charges -€6,887
down €6,887 (-33.9%), from €20,327 to €13,440
- Taxes +€3,670
up €3,670 (+3,988%), from €92 to €3,762
- Staff costs -€3,544
down €3,544 (-1.5%), from €234,446 to €230,902
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 | €258,421 | €392,752 | +€134,331 | +52.0% |
| Fixed assets | 21/28 | €67,322 | €135,181 | +€67,859 | +101% |
| Tangible fixed assets | 22/27 | €66,322 | €134,181 | +€67,859 | +102% |
| Land and buildings | 22 | €17,447 | €11,878 | -€5,569 | -31.9% |
| Plant, machinery and equipment | 23 | €9,229 | €8,028 | -€1,201 | -13.0% |
| Furniture and vehicles | 24 | €23,296 | €97,925 | +€74,629 | +320% |
| Other tangible fixed assets | 26 | €16,351 | €16,351 | = | 0.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €191,099 | €257,571 | +€66,472 | +34.8% |
| Amounts receivable within one year | 40/41 | €119,278 | €236,455 | +€117,177 | +98.2% |
| Trade receivables | 40 | €95,814 | €225,249 | +€129,435 | +135% |
| Other amounts receivable | 41 | €23,463 | €11,206 | -€12,258 | -52.2% |
| Cash at bank and in hand | 54/58 | €62,617 | €14,185 | -€48,432 | -77.3% |
| Deferred charges and accrued income | 490/1 | €9,204 | €6,931 | -€2,273 | -24.7% |
| Total equity and liabilities | 10/49 | €258,421 | €392,752 | +€134,331 | +52.0% |
| Equity | 10/15 | €170,564 | €173,649 | +€3,085 | +1.8% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €2,100 | €2,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,100 | €2,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,100 | €2,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €147,464 | €150,549 | +€3,085 | +2.1% |
| Amounts payable | 17/49 | €87,857 | €219,103 | +€131,246 | +149% |
| Amounts payable within one year | 42/48 | €82,789 | €218,943 | +€136,154 | +164% |
| Trade debts | 44 | €57,186 | €178,951 | +€121,765 | +213% |
| Suppliers | 440/4 | €57,186 | €178,951 | +€121,765 | +213% |
| Taxes, remuneration and social security | 45 | €25,603 | €39,992 | +€14,389 | +56.2% |
| Taxes | 450/3 | €5,200 | €16,296 | +€11,097 | +213% |
| Remuneration and social security | 454/9 | €20,404 | €23,696 | +€3,293 | +16.1% |
| Accrued charges and deferred income | 492/3 | €5,068 | €160 | -€4,908 | -96.8% |
| Remuneration, social security and pensions | 62 | €234,446 | €230,902 | -€3,544 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,371 | €29,940 | +€8,569 | +40.1% |
| Other operating charges | 640/8 | €20,327 | €13,440 | -€6,887 | -33.9% |
| Non-recurring operating charges | 66A | €2,005 | - | -€2,005 | |
| Gross operating margin | 9900 | €257,780 | €283,343 | +€25,563 | +9.9% |
| Operating profit (loss) | 9901 | -€20,370 | €9,061 | +€29,431 | |
| Financial income | 75/76B | - | €60 | +€60 | |
| Recurring financial income | 75 | - | €60 | +€60 | |
| Financial charges | 65/66B | €2,669 | €2,273 | -€396 | -14.8% |
| Recurring financial charges | 65 | €2,669 | €2,273 | -€396 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | -€23,039 | €6,848 | +€29,887 | |
| Income taxes | 67/77 | €92 | €3,762 | +€3,670 | +3,988% |
| Profit (loss) for the period | 9904 | -€23,131 | €3,085 | +€26,216 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,131 | €3,085 | +€26,216 |
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 23 October 2026 via checked.be.