EE 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.
EE LOGISTICS
Largest movements
- Cash +€358,155
up €358,155 (+1,477%), from €24,255 to €382,410
mainly Net result for the year (+€123,173) and Investment in fixed assets (net) (+€84,927)
- Tangible fixed assets -€91,795
down €91,795 (-61.6%), from €149,048 to €57,252
of which Land and buildings: -€148,275
- Current investments -€75,043
no longer reported in 2025 (was €75,043)
- Receivables within one year -€14,871
down €14,871 (-81.7%), from €18,191 to €3,321
of which Trade receivables: -€8,779
- Other debts +€64,047
up €64,047 (+449%), from €14,257 to €78,304
- Reserves +€46,608
up €46,608 (+21.9%), from €213,224 to €259,832
- Short-term financial debts +€41,757
new in 2025: €41,757
- Debts after one year +€28,053
new in 2025: €28,053
- Gross operating margin +€114,344
up €114,344 (+147%), from €77,790 to €192,134
- Taxes +€36,487
up €36,487 (+151%), from €24,179 to €60,666
- Depreciation -€3,165
down €3,165 (-31.5%), from €10,033 to €6,868
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 | €266,537 | €443,701 | +€177,164 | +66.5% |
| Fixed assets | 21/28 | €149,048 | €57,252 | -€91,795 | -61.6% |
| Tangible fixed assets | 22/27 | €149,048 | €57,252 | -€91,795 | -61.6% |
| Land and buildings | 22 | €148,275 | - | -€148,275 | |
| Furniture and vehicles | 24 | €773 | €57,252 | +€56,480 | +7,308% |
| Current assets | 29/58 | €117,489 | €386,449 | +€268,960 | +229% |
| Amounts receivable within one year | 40/41 | €18,191 | €3,321 | -€14,871 | -81.7% |
| Trade receivables | 40 | €12,100 | €3,321 | -€8,779 | -72.6% |
| Other amounts receivable | 41 | €6,091 | - | -€6,091 | |
| Current investments | 50/53 | €75,043 | - | -€75,043 | |
| Cash at bank and in hand | 54/58 | €24,255 | €382,410 | +€358,155 | +1,477% |
| Deferred charges and accrued income | 490/1 | - | €718 | +€718 | |
| Total equity and liabilities | 10/49 | €266,537 | €443,701 | +€177,164 | +66.5% |
| Equity | 10/15 | €219,424 | €266,032 | +€46,608 | +21.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €213,224 | €259,832 | +€46,608 | +21.9% |
| Distributable reserves | 133 | €213,224 | €259,832 | +€46,608 | +21.9% |
| Amounts payable | 17/49 | €47,113 | €177,669 | +€130,556 | +277% |
| Amounts payable after more than one year | 17 | - | €28,053 | +€28,053 | |
| Financial debts | 170/4 | - | €28,053 | +€28,053 | |
| Amounts payable within one year | 42/48 | €47,113 | €149,616 | +€102,503 | +218% |
| Current portion of amounts payable after more than one year | 42 | €19,725 | €17,931 | -€1,794 | -9.1% |
| Financial debts | 43 | - | €41,757 | +€41,757 | |
| Credit institutions | 430/8 | - | €41,757 | +€41,757 | |
| Trade debts | 44 | €5,313 | €1,082 | -€4,231 | -79.6% |
| Suppliers | 440/4 | €5,313 | €1,082 | -€4,231 | -79.6% |
| Taxes, remuneration and social security | 45 | €7,817 | €10,542 | +€2,725 | +34.9% |
| Taxes | 450/3 | €7,817 | €10,542 | +€2,725 | +34.9% |
| Other amounts payable | 47/48 | €14,257 | €78,304 | +€64,047 | +449% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,033 | €6,868 | -€3,165 | -31.5% |
| Other operating charges | 640/8 | €2,748 | €2,356 | -€392 | -14.3% |
| Gross operating margin | 9900 | €77,790 | €192,134 | +€114,344 | +147% |
| Operating profit (loss) | 9901 | €65,009 | €182,910 | +€117,901 | +181% |
| Financial income | 75/76B | €904 | €2,740 | +€1,836 | +203% |
| Recurring financial income | 75 | €904 | €2,740 | +€1,836 | +203% |
| Financial charges | 65/66B | €1,884 | €1,811 | -€72 | -3.8% |
| Recurring financial charges | 65 | €1,884 | €1,811 | -€72 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €64,029 | €183,839 | +€119,810 | +187% |
| Income taxes | 67/77 | €24,179 | €60,666 | +€36,487 | +151% |
| Profit (loss) for the period | 9904 | €39,850 | €123,173 | +€83,323 | +209% |
| Profit (loss) for the period to be appropriated | 9905 | €39,850 | €123,173 | +€83,323 | +209% |
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 15 October 2026 via checked.be.