Emiel 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.
Emiel Logistics
Largest movements
- Receivables within one year -€2,308
down €2,308 (-39.5%), from €5,841 to €3,534
of which Trade receivables: -€3,604
- Cash -€534
down €534 (-2.4%), from €22,530 to €21,996
mainly Contributions, distributions and other (-€22,429) and Other debts (-€3,291)
- Other debts -€3,291
down €3,291 (-14.7%), from €22,355 to €19,064
- Tax, wage and social debts +€1,487
up €1,487 (+37.2%), from €4,000 to €5,487
- Reserves -€1,018
down €1,018 (-100%), from €1,018 to €0
- Gross operating margin +€3,942
up €3,942 (+14.2%), from €27,767 to €31,709
- Taxes +€3,037
up €3,037 (+54.4%), from €5,585 to €8,622
- Financial income -€336
down €336 (-99.9%), from €336 to €1
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 | €29,988 | €27,238 | -€2,750 | -9.2% |
| Current assets | 29/58 | €29,988 | €27,238 | -€2,750 | -9.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €5,841 | €3,534 | -€2,308 | -39.5% |
| Trade receivables | 40 | €5,144 | €1,540 | -€3,604 | -70.1% |
| Other amounts receivable | 41 | €697 | €1,994 | +€1,297 | +186% |
| Cash at bank and in hand | 54/58 | €22,530 | €21,996 | -€534 | -2.4% |
| Deferred charges and accrued income | 490/1 | €1,617 | €1,709 | +€91 | +5.6% |
| Total equity and liabilities | 10/49 | €29,988 | €27,238 | -€2,750 | -9.2% |
| Equity | 10/15 | €2,018 | €1,000 | -€1,018 | -50.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €1,018 | €0 | -€1,018 | -100% |
| Distributable reserves | 133 | €1,018 | €0 | -€1,018 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,971 | €26,238 | -€1,732 | -6.2% |
| Amounts payable within one year | 42/48 | €27,971 | €26,238 | -€1,732 | -6.2% |
| Trade debts | 44 | €1,615 | €1,687 | +€72 | +4.4% |
| Suppliers | 440/4 | €1,615 | €1,687 | +€72 | +4.4% |
| Taxes, remuneration and social security | 45 | €4,000 | €5,487 | +€1,487 | +37.2% |
| Taxes | 450/3 | €4,000 | €5,487 | +€1,487 | +37.2% |
| Other amounts payable | 47/48 | €22,355 | €19,064 | -€3,291 | -14.7% |
| Other operating charges | 640/8 | €1,368 | €1,104 | -€264 | -19.3% |
| Gross operating margin | 9900 | €27,767 | €31,709 | +€3,942 | +14.2% |
| Operating profit (loss) | 9901 | €26,399 | €30,605 | +€4,206 | +15.9% |
| Financial income | 75/76B | €336 | €1 | -€336 | -99.9% |
| Recurring financial income | 75 | €336 | €1 | -€336 | -99.9% |
| Financial charges | 65/66B | €736 | €573 | -€163 | -22.2% |
| Recurring financial charges | 65 | €736 | €573 | -€163 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €25,999 | €30,033 | +€4,034 | +15.5% |
| Income taxes | 67/77 | €5,585 | €8,622 | +€3,037 | +54.4% |
| Profit (loss) for the period | 9904 | €20,414 | €21,411 | +€997 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,414 | €21,411 | +€997 | +4.9% |
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 14 October 2026 via checked.be.