DUTY 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
DUTY LOGISTIC
NACE 52.249, Warehousing and support activities for transportation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€488,519
2024 · -€322,216-€166,303
Equity
-€649,384
2024 · -€160,865-€488,519
Cash
€39,975
2024 · €72,294-€32,319
Balance sheet total
€3.3m
2024 · €3.5m-€235,728
Largest movements
Assets
- Receivables within one year -€232,168
down €232,168 (-39.2%), from €592,266 to €360,098
of which Trade receivables: -€240,410
Equity and liabilities
- Other debts +€690,000
up €690,000 (+56.6%), from €1.2m to €1.9m
- Profit (loss) carried forward -€488,519
down €488,519 (-121%), from -€405,100 to -€893,620
- Debts after one year -€308,122
down €308,122 (-18.3%), from €1.7m to €1.4m
- Trade debts -€192,751
down €192,751 (-46.1%), from €418,542 to €225,791
- Accrued charges and deferred income +€52,000
up €52,000 (+418%), from €12,445 to €64,446
Income statement
- Turnover -€216,988
down €216,988 (-27.8%), from €780,359 to €563,370
- Services and other goods -€98,543
down €98,543 (-18.9%), from €522,407 to €423,864
- Goods and materials -€77,522
down €77,522 (-43.5%), from €178,082 to €100,560
of which Purchases: -€129,221
- Staff costs +€74,177
up €74,177 (+69.3%), from €107,064 to €181,241
- Other operating income +€33,148
up €33,148 (+6,125%), from €541 to €33,689
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
-€322,216
Turnover
-€216,988
Other operating income
+€33,148
Goods and materials
+€77,522
Services and other goods
+€98,543
Staff costs
-€74,177
Depreciation
-€8,907
Other operating charges
-€23,119
Financial income
-€23,939
Financial charges
-€28,386
Result 2025
-€488,519
raises the resultlowers the result
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
+€522,630
Investment
-€258,560
Financing
-€296,389
Cash 2024
€72,294
From operations (derived)
+€522,630
Net result for the year
-€488,519
Depreciation
+€230,817
Stocks and contracts
+€13,417
Receivables within one year
+€232,168
Deferred charges and accrued income
-€14,433
Trade debts
-€192,751
Tax, wage and social debts
-€69
Other debts
+€690,000
Accrued charges and deferred income
+€52,000
Investment (derived)
-€258,560
Investment in fixed assets (net)
-€258,560
Financing
-€296,389
Debts after one year
-€308,122
Current portion of long-term debt
+€11,733
Cash 2025
€39,975
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,485,915 | €3,250,186 | -€235,728 | -6.8% |
| Fixed assets | 21/28 | €2,783,073 | €2,810,816 | +€27,743 | +1.0% |
| Tangible fixed assets | 22/27 | €2,783,073 | €2,810,816 | +€27,743 | +1.0% |
| Plant, machinery and equipment | 23 | €436,436 | €618,507 | +€182,071 | +41.7% |
| Leasing and similar rights | 25 | €2,107,429 | €1,912,332 | -€195,096 | -9.3% |
| Assets under construction and advance payments | 27 | €239,208 | €279,976 | +€40,768 | +17.0% |
| Current assets | 29/58 | €702,842 | €439,370 | -€263,471 | -37.5% |
| Stocks and contracts in progress | 3 | €38,282 | €24,864 | -€13,417 | -35.0% |
| Stocks | 30/36 | €38,282 | €24,864 | -€13,417 | -35.0% |
| Raw materials and consumables | 30/31 | €38,282 | €24,864 | -€13,417 | -35.0% |
| Amounts receivable within one year | 40/41 | €592,266 | €360,098 | -€232,168 | -39.2% |
| Trade receivables | 40 | €347,986 | €107,575 | -€240,410 | -69.1% |
| Other amounts receivable | 41 | €244,280 | €252,522 | +€8,243 | +3.4% |
| Cash at bank and in hand | 54/58 | €72,294 | €39,975 | -€32,319 | -44.7% |
| Deferred charges and accrued income | 490/1 | - | €14,433 | +€14,433 | |
| Total equity and liabilities | 10/49 | €3,485,915 | €3,250,186 | -€235,728 | -6.8% |
| Equity | 10/15 | -€160,865 | -€649,384 | -€488,519 | -304% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €103 | €103 | = | 0.0% |
| Non-distributable reserves | 130/1 | €103 | €103 | = | 0.0% |
| Legal reserve | 130 | €103 | €103 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€405,100 | -€893,620 | -€488,519 | -121% |
| Investment grants | 15 | €182,633 | €182,633 | = | 0.0% |
| Amounts payable | 17/49 | €3,646,779 | €3,899,570 | +€252,791 | +6.9% |
| Amounts payable after more than one year | 17 | €1,686,967 | €1,378,845 | -€308,122 | -18.3% |
| Financial debts | 170/4 | €1,686,967 | €1,378,845 | -€308,122 | -18.3% |
| Leasing and similar obligations | 172 | €1,686,967 | €1,378,845 | -€308,122 | -18.3% |
| Amounts payable within one year | 42/48 | €1,947,367 | €2,456,279 | +€508,913 | +26.1% |
| Current portion of amounts payable after more than one year | 42 | €296,389 | €308,122 | +€11,733 | +4.0% |
| Trade debts | 44 | €418,542 | €225,791 | -€192,751 | -46.1% |
| Suppliers | 440/4 | €418,542 | €225,791 | -€192,751 | -46.1% |
| Taxes, remuneration and social security | 45 | €12,435 | €12,366 | -€69 | -0.6% |
| Taxes | 450/3 | €262 | €12 | -€250 | -95.5% |
| Remuneration and social security | 454/9 | €12,173 | €12,354 | +€181 | +1.5% |
| Other amounts payable | 47/48 | €1,220,000 | €1,910,000 | +€690,000 | +56.6% |
| Accrued charges and deferred income | 492/3 | €12,445 | €64,446 | +€52,000 | +418% |
| Operating income | 70/76A | €780,900 | €597,060 | -€183,840 | -23.5% |
| Turnover | 70 | €780,359 | €563,370 | -€216,988 | -27.8% |
| Other operating income | 74 | €541 | €33,689 | +€33,148 | +6,125% |
| Operating charges | 60/66A | €1,030,375 | €960,514 | -€69,862 | -6.8% |
| Goods for resale, raw materials and consumables | 60 | €178,082 | €100,560 | -€77,522 | -43.5% |
| Purchases | 600/8 | €216,364 | €87,143 | -€129,221 | -59.7% |
| Change in stocks: decrease (increase) | 609 | -€38,282 | €13,417 | +€51,699 | |
| Services and other goods | 61 | €522,407 | €423,864 | -€98,543 | -18.9% |
| Remuneration, social security and pensions | 62 | €107,064 | €181,241 | +€74,177 | +69.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €221,910 | €230,817 | +€8,907 | +4.0% |
| Other operating charges | 640/8 | €913 | €24,032 | +€23,119 | +2,532% |
| Operating profit (loss) | 9901 | -€249,476 | -€363,454 | -€113,979 | -45.7% |
| Financial income | 75/76B | €23,939 | - | -€23,939 | |
| Recurring financial income | 75 | €23,939 | - | -€23,939 | |
| Other financial income | 752/9 | €23,939 | - | -€23,939 | |
| Financial charges | 65/66B | €96,680 | €125,065 | +€28,386 | +29.4% |
| Recurring financial charges | 65 | €96,680 | €125,065 | +€28,386 | +29.4% |
| Debt charges | 650 | €95,899 | €124,171 | +€28,272 | +29.5% |
| Other financial charges | 652/9 | €781 | €895 | +€114 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | -€322,216 | -€488,519 | -€166,303 | -51.6% |
| Profit (loss) for the period | 9904 | -€322,216 | -€488,519 | -€166,303 | -51.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€322,216 | -€488,519 | -€166,303 | -51.6% |
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 16 October 2026 via checked.be.