E4pl LOGISTICS: 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.
E4pl LOGISTICS
Largest movements
- Cash -€13,491
down €13,491 (-53.1%), from €25,387 to €11,896
mainly Contributions, distributions and other (-€15,248) and Trade debts (-€8,336)
- Receivables within one year -€819
down €819 (-3.7%), from €22,174 to €21,355
of which Other amounts receivable: -€2,382
- Profit (loss) carried forward -€15,516
down €15,516 (-61.4%), from €25,290 to €9,774
- Contributions +€10,042
up €10,042 (+101.5%), from €9,894 to €19,936
- Trade debts -€8,336
down €8,336 (-97.2%), from €8,578 to €242
- Tax, wage and social debts -€3,064
down €3,064 (-48.5%), from €6,323 to €3,258
- Other debts +€2,564
new in 2025: €2,564
- Gross operating margin -€54,918
down €54,918 (-79.5%), from €69,114 to €14,196
- Staff costs -€35,244
down €35,244 (-99.9%), from €35,295 to €51
- Taxes -€3,064
down €3,064 (-48.5%), from €6,323 to €3,258
- Depreciation -€896
no longer reported in 2025 (was €896)
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 | €50,084 | €35,775 | -€14,310 | -28.6% |
| Fixed assets | 21/28 | €2,523 | €2,523 | = | 0.0% |
| Financial fixed assets | 28 | €2,523 | €2,523 | = | 0.0% |
| Current assets | 29/58 | €47,561 | €33,252 | -€14,310 | -30.1% |
| Amounts receivable within one year | 40/41 | €22,174 | €21,355 | -€819 | -3.7% |
| Trade receivables | 40 | €13,107 | €14,670 | +€1,563 | +11.9% |
| Other amounts receivable | 41 | €9,067 | €6,685 | -€2,382 | -26.3% |
| Cash at bank and in hand | 54/58 | €25,387 | €11,896 | -€13,491 | -53.1% |
| Total equity and liabilities | 10/49 | €50,084 | €35,775 | -€14,310 | -28.6% |
| Equity | 10/15 | €35,184 | €29,710 | -€5,474 | -15.6% |
| Contributions | 10/11 | €9,894 | €19,936 | +€10,042 | +101.5% |
| Outside capital | 11 | €9,894 | - | -€9,894 | |
| Other | 1109/19 | €9,894 | - | -€9,894 | |
| Profit (loss) carried forward | 14 | €25,290 | €9,774 | -€15,516 | -61.4% |
| Amounts payable | 17/49 | €14,900 | €6,065 | -€8,836 | -59.3% |
| Amounts payable within one year | 42/48 | €14,900 | €6,065 | -€8,836 | -59.3% |
| Trade debts | 44 | €8,578 | €242 | -€8,336 | -97.2% |
| Suppliers | 440/4 | €8,578 | €242 | -€8,336 | -97.2% |
| Taxes, remuneration and social security | 45 | €6,323 | €3,258 | -€3,064 | -48.5% |
| Taxes | 450/3 | €6,323 | €3,258 | -€3,064 | -48.5% |
| Other amounts payable | 47/48 | - | €2,564 | +€2,564 | |
| Remuneration, social security and pensions | 62 | €35,295 | €51 | -€35,244 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €896 | - | -€896 | |
| Other operating charges | 640/8 | €381 | €634 | +€253 | +66.5% |
| Gross operating margin | 9900 | €69,114 | €14,196 | -€54,918 | -79.5% |
| Operating profit (loss) | 9901 | €32,541 | €13,511 | -€19,030 | -58.5% |
| Financial income | 75/76B | €10 | €0 | -€10 | -96.9% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -96.9% |
| Financial charges | 65/66B | €939 | €479 | -€460 | -49.0% |
| Recurring financial charges | 65 | €939 | €479 | -€460 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | €31,613 | €13,032 | -€18,580 | -58.8% |
| Income taxes | 67/77 | €6,323 | €3,258 | -€3,064 | -48.5% |
| Profit (loss) for the period | 9904 | €25,290 | €9,774 | -€15,516 | -61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,290 | €9,774 | -€15,516 | -61.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.