EUROLOGISTICS: 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.
EUROLOGISTICS
Largest movements
- Tangible fixed assets -€51,885
down €51,885 (-31.5%), from €164,921 to €113,037
- Receivables within one year -€16,002
down €16,002 (-9.3%), from €172,298 to €156,296
of which Trade receivables: -€30,477
- Cash +€8,752
up €8,752 (+3.8%), from €232,146 to €240,898
mainly Depreciation (+€62,288) and Net result for the year (+€50,740)
- Profit (loss) carried forward -€49,261
down €49,261 (-18.2%), from €270,058 to €220,797
- Debts after one year -€20,551
down €20,551 (-54.0%), from €38,054 to €17,503
- Current portion of long-term debt +€10,413
up €10,413 (+44.3%), from €23,509 to €33,922
- Trade debts +€7,957
up €7,957 (+16.7%), from €47,527 to €55,484
- Gross operating margin -€144,650
down €144,650 (-34.5%), from €418,717 to €274,067
- Staff costs -€41,780
down €41,780 (-24.5%), from €170,539 to €128,759
- Taxes -€21,481
down €21,481 (-55.2%), from €38,884 to €17,403
- Other operating charges +€5,394
up €5,394 (+61.1%), from €8,825 to €14,219
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 | €575,294 | €516,195 | -€59,099 | -10.3% |
| Fixed assets | 21/28 | €170,850 | €119,001 | -€51,849 | -30.3% |
| Tangible fixed assets | 22/27 | €164,921 | €113,037 | -€51,885 | -31.5% |
| Land and buildings | 22 | €49,446 | €32,198 | -€17,248 | -34.9% |
| Plant, machinery and equipment | 23 | €53,327 | €37,711 | -€15,616 | -29.3% |
| Furniture and vehicles | 24 | €62,148 | €43,127 | -€19,021 | -30.6% |
| Financial fixed assets | 28 | €5,928 | €5,964 | +€36 | +0.6% |
| Current assets | 29/58 | €404,444 | €397,194 | -€7,250 | -1.8% |
| Amounts receivable within one year | 40/41 | €172,298 | €156,296 | -€16,002 | -9.3% |
| Trade receivables | 40 | €170,677 | €140,200 | -€30,477 | -17.9% |
| Other amounts receivable | 41 | €1,621 | €16,096 | +€14,475 | +893% |
| Cash at bank and in hand | 54/58 | €232,146 | €240,898 | +€8,752 | +3.8% |
| Total equity and liabilities | 10/49 | €575,294 | €516,195 | -€59,099 | -10.3% |
| Equity | 10/15 | €290,518 | €241,257 | -€49,261 | -17.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €270,058 | €220,797 | -€49,261 | -18.2% |
| Amounts payable | 17/49 | €284,776 | €274,938 | -€9,838 | -3.5% |
| Amounts payable after more than one year | 17 | €38,054 | €17,503 | -€20,551 | -54.0% |
| Financial debts | 170/4 | €38,054 | €17,503 | -€20,551 | -54.0% |
| Amounts payable within one year | 42/48 | €246,722 | €257,435 | +€10,713 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €23,509 | €33,922 | +€10,413 | +44.3% |
| Trade debts | 44 | €47,527 | €55,484 | +€7,957 | +16.7% |
| Suppliers | 440/4 | €47,527 | €55,484 | +€7,957 | +16.7% |
| Advances received on contracts in progress | 46 | - | €1,446 | +€1,446 | |
| Taxes, remuneration and social security | 45 | €25,686 | €21,583 | -€4,103 | -16.0% |
| Taxes | 450/3 | €8,709 | €6,970 | -€1,739 | -20.0% |
| Remuneration and social security | 454/9 | €16,976 | €14,613 | -€2,364 | -13.9% |
| Other amounts payable | 47/48 | €150,000 | €145,000 | -€5,000 | -3.3% |
| Remuneration, social security and pensions | 62 | €170,539 | €128,759 | -€41,780 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,545 | €62,288 | -€2,257 | -3.5% |
| Other operating charges | 640/8 | €8,825 | €14,219 | +€5,394 | +61.1% |
| Gross operating margin | 9900 | €418,717 | €274,067 | -€144,650 | -34.5% |
| Operating profit (loss) | 9901 | €174,808 | €68,802 | -€106,007 | -60.6% |
| Financial income | 75/76B | €597 | €1,544 | +€946 | +158% |
| Recurring financial income | 75 | €597 | €1,544 | +€946 | +158% |
| Financial charges | 65/66B | €4,548 | €2,202 | -€2,346 | -51.6% |
| Recurring financial charges | 65 | €4,548 | €2,202 | -€2,346 | -51.6% |
| Profit (loss) for the period before taxes | 9903 | €170,857 | €68,143 | -€102,715 | -60.1% |
| Income taxes | 67/77 | €38,884 | €17,403 | -€21,481 | -55.2% |
| Profit (loss) for the period | 9904 | €131,973 | €50,740 | -€81,234 | -61.6% |
| Profit (loss) for the period to be appropriated | 9905 | €131,973 | €50,740 | -€81,234 | -61.6% |
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 26 October 2026 via checked.be.