EXPERT LOGISTIC: 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.
EXPERT LOGISTIC
Largest movements
- Cash +€11,705
up €11,705 (+22714.2%), from €52 to €11,756
mainly Depreciation (+€11,017) and Net result for the year (+€4,602)
- Tangible fixed assets -€11,017
down €11,017 (-33.3%), from €33,050 to €22,033
- Receivables within one year +€6,720
up €6,720 (+69.9%), from €9,609 to €16,329
of which Other amounts receivable: +€6,720
- Profit (loss) carried forward +€4,602
up €4,602 (+89.4%), from -€5,149 to -€548
- Other debts +€3,223
up €3,223 (+110.0%), from €2,930 to €6,153
- Trade debts -€1,775
down €1,775 (-4.2%), from €41,837 to €40,062
- Tax, wage and social debts +€1,359
up €1,359 (+1477.9%), from €92 to €1,451
of which Remuneration and social security: +€1,146
- Gross operating margin +€27,567
up €27,567, from -€4,136 to €23,431
- Depreciation +€11,017
new in 2025: €11,017
- Staff costs +€7,013
new in 2025: €7,013
- Other operating charges +€640
new in 2025: €640
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 | €42,710 | €50,118 | +€7,408 | +17.3% |
| Fixed assets | 21/28 | €33,050 | €22,033 | -€11,017 | -33.3% |
| Tangible fixed assets | 22/27 | €33,050 | €22,033 | -€11,017 | -33.3% |
| Furniture and vehicles | 24 | €33,050 | €22,033 | -€11,017 | -33.3% |
| Current assets | 29/58 | €9,660 | €28,085 | +€18,425 | +190.7% |
| Amounts receivable within one year | 40/41 | €9,609 | €16,329 | +€6,720 | +69.9% |
| Trade receivables | 40 | €54 | €54 | = | 0.0% |
| Other amounts receivable | 41 | €9,555 | €16,275 | +€6,720 | +70.3% |
| Cash at bank and in hand | 54/58 | €52 | €11,756 | +€11,705 | +22714.2% |
| Total equity and liabilities | 10/49 | €42,710 | €50,118 | +€7,408 | +17.3% |
| Equity | 10/15 | -€2,149 | €2,452 | +€4,602 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,149 | -€548 | +€4,602 | +89.4% |
| Amounts payable | 17/49 | €44,859 | €47,665 | +€2,807 | +6.3% |
| Amounts payable within one year | 42/48 | €44,859 | €47,665 | +€2,807 | +6.3% |
| Trade debts | 44 | €41,837 | €40,062 | -€1,775 | -4.2% |
| Suppliers | 440/4 | €41,837 | €40,062 | -€1,775 | -4.2% |
| Taxes, remuneration and social security | 45 | €92 | €1,451 | +€1,359 | +1477.9% |
| Taxes | 450/3 | €92 | €305 | +€213 | +231.3% |
| Remuneration and social security | 454/9 | - | €1,146 | +€1,146 | |
| Other amounts payable | 47/48 | €2,930 | €6,153 | +€3,223 | +110.0% |
| Remuneration, social security and pensions | 62 | - | €7,013 | +€7,013 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €11,017 | +€11,017 | |
| Other operating charges | 640/8 | - | €640 | +€640 | |
| Gross operating margin | 9900 | -€4,136 | €23,431 | +€27,567 | |
| Operating profit (loss) | 9901 | -€4,136 | €4,761 | +€8,898 | |
| Financial charges | 65/66B | €161 | €160 | -€1 | -0.5% |
| Recurring financial charges | 65 | €161 | €160 | -€1 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,297 | €4,602 | +€8,899 | |
| Profit (loss) for the period | 9904 | -€4,297 | €4,602 | +€8,899 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,297 | €4,602 | +€8,899 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.