ECO-LOGISTIC: what changed
What changed
ECO-LOGISTIC
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€850,608
2024 · €892,197-€41,589
Equity
€5.4m
2024 · €4.6m+€850,608
Cash
€727,287
2024 · €655,556+€71,731
Balance sheet total
€6.7m
2024 · €5.3m+€1.4m
Largest movements
Assets
- Receivables within one year +€1.3m
up €1.3m (+31.1%), from €4.2m to €5.5m
of which Other amounts receivable: +€849,946
- Cash +€71,731
up €71,731 (+10.9%), from €655,556 to €727,287
mainly Net result for the year (+€850,608) and Current portion of long-term debt (+€400,653)
Equity and liabilities
- Reserves +€850,608
up €850,608 (+18.7%), from €4.5m to €5.4m
of which Distributable reserves: +€850,608
- Current portion of long-term debt +€400,653
new in 2025: €400,653
Income statement
- Gross operating margin -€89,167
down €89,167 (-6.6%), from €1.4m to €1.3m
- Staff costs -€20,981
down €20,981 (-17.2%), from €122,100 to €101,120
- Taxes -€19,873
down €19,873 (-5.9%), from €339,299 to €319,426
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€892,197
Gross operating margin
-€89,167
Staff costs
+€20,981
Depreciation
-€3,308
Other operating charges
-€2,084
Financial income
-€81
Financial charges
+€12,198
Taxes
+€19,873
Result 2025
€850,608
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€309,170
Investment
-€19,753
Financing
+€400,653
Cash 2024
€655,556
From operations (derived)
-€309,170
Net result for the year
+€850,608
Depreciation
+€5,200
Stocks and contracts
+€45,559
Receivables within one year
-€1.3m
Deferred charges and accrued income
-€989
Trade debts
+€62,601
Tax, wage and social debts
+€37,928
Investment (derived)
-€19,753
Investment in fixed assets (net)
-€19,753
Financing
+€400,653
Current portion of long-term debt
+€400,653
Cash 2025
€727,287
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,341,009 | €6,692,799 | +€1.4m | +25.3% |
| Fixed assets | 21/28 | €7,881 | €22,433 | +€14,553 | +185% |
| Tangible fixed assets | 22/27 | €7,881 | €22,433 | +€14,553 | +185% |
| Plant, machinery and equipment | 23 | - | €6,134 | +€6,134 | |
| Furniture and vehicles | 24 | €0 | €7,130 | +€7,130 | |
| Other tangible fixed assets | 26 | €7,881 | €9,169 | +€1,288 | +16.3% |
| Current assets | 29/58 | €5,333,128 | €6,670,366 | +€1.3m | +25.1% |
| Stocks and contracts in progress | 3 | €460,254 | €414,695 | -€45,559 | -9.9% |
| Stocks | 30/36 | €460,254 | €414,695 | -€45,559 | -9.9% |
| Amounts receivable within one year | 40/41 | €4,214,946 | €5,525,022 | +€1.3m | +31.1% |
| Trade receivables | 40 | €614,892 | €1,075,022 | +€460,130 | +74.8% |
| Other amounts receivable | 41 | €3,600,054 | €4,450,000 | +€849,946 | +23.6% |
| Cash at bank and in hand | 54/58 | €655,556 | €727,287 | +€71,731 | +10.9% |
| Deferred charges and accrued income | 490/1 | €2,372 | €3,361 | +€989 | +41.7% |
| Total equity and liabilities | 10/49 | €5,341,009 | €6,692,799 | +€1.4m | +25.3% |
| Equity | 10/15 | €4,556,844 | €5,407,453 | +€850,608 | +18.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €4,538,294 | €5,388,903 | +€850,608 | +18.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €4,538,294 | €5,388,903 | +€850,608 | +18.7% |
| Amounts payable | 17/49 | €784,164 | €1,285,346 | +€501,182 | +63.9% |
| Amounts payable within one year | 42/48 | €784,164 | €1,285,346 | +€501,182 | +63.9% |
| Current portion of amounts payable after more than one year | 42 | - | €400,653 | +€400,653 | |
| Trade debts | 44 | €394,848 | €457,449 | +€62,601 | +15.9% |
| Suppliers | 440/4 | €394,848 | €457,449 | +€62,601 | +15.9% |
| Taxes, remuneration and social security | 45 | €388,932 | €426,860 | +€37,928 | +9.8% |
| Taxes | 450/3 | €374,114 | €418,935 | +€44,821 | +12.0% |
| Remuneration and social security | 454/9 | €14,818 | €7,925 | -€6,893 | -46.5% |
| Other amounts payable | 47/48 | €385 | €385 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €122,100 | €101,120 | -€20,981 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,892 | €5,200 | +€3,308 | +175% |
| Other operating charges | 640/8 | €3,920 | €6,004 | +€2,084 | +53.2% |
| Gross operating margin | 9900 | €1,351,895 | €1,262,728 | -€89,167 | -6.6% |
| Operating profit (loss) | 9901 | €1,223,983 | €1,150,404 | -€73,578 | -6.0% |
| Financial income | 75/76B | €27,445 | €27,364 | -€81 | -0.3% |
| Recurring financial income | 75 | €27,445 | €27,364 | -€81 | -0.3% |
| Financial charges | 65/66B | €19,931 | €7,733 | -€12,198 | -61.2% |
| Recurring financial charges | 65 | €19,931 | €7,733 | -€12,198 | -61.2% |
| Profit (loss) for the period before taxes | 9903 | €1,231,496 | €1,170,035 | -€61,462 | -5.0% |
| Income taxes | 67/77 | €339,299 | €319,426 | -€19,873 | -5.9% |
| Profit (loss) for the period | 9904 | €892,197 | €850,608 | -€41,589 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €892,197 | €850,608 | -€41,589 | -4.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.