F & K 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.
F & K LOGISTICS
Largest movements
- Cash +€81,557
up €81,557 (+25.3%), from €322,661 to €404,218
mainly Trade debts (+€135,459) and Other debts (+€120,442)
- Receivables within one year +€58,421
up €58,421 (+12.8%), from €455,603 to €514,024
of which Trade receivables: +€71,633
- Reserves -€162,855
down €162,855 (-32.2%), from €505,369 to €342,514
of which Distributable reserves: -€162,855
- Trade debts +€135,459
up €135,459 (+41.8%), from €323,962 to €459,421
- Other debts +€120,442
up €120,442 (+122%), from €99,113 to €219,556
- Debts after one year +€60,107
up €60,107 (+41.4%), from €145,099 to €205,206
- Tax, wage and social debts -€14,671
down €14,671 (-21.1%), from €69,479 to €54,807
of which Taxes: -€9,247
- Gross operating margin -€69,113
down €69,113 (-10.8%), from €639,481 to €570,368
- Staff costs -€46,917
down €46,917 (-9.9%), from €475,644 to €428,727
- Depreciation -€17,782
down €17,782 (-18.4%), from €96,606 to €78,823
- Taxes -€9,861
down €9,861 (-100%), from €9,861 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,271,725 | €1,407,693 | +€135,968 | +10.7% |
| Fixed assets | 21/28 | €452,560 | €452,590 | +€29 | 0.0% |
| Tangible fixed assets | 22/27 | €438,988 | €439,551 | +€564 | +0.1% |
| Land and buildings | 22 | €49,288 | €40,957 | -€8,330 | -16.9% |
| Plant, machinery and equipment | 23 | €8,021 | €5,320 | -€2,700 | -33.7% |
| Furniture and vehicles | 24 | €261,538 | €143,655 | -€117,882 | -45.1% |
| Leasing and similar rights | 25 | €116,037 | €245,671 | +€129,634 | +112% |
| Other tangible fixed assets | 26 | €4,105 | €3,947 | -€158 | -3.8% |
| Financial fixed assets | 28 | €13,573 | €13,039 | -€534 | -3.9% |
| Current assets | 29/58 | €819,165 | €955,103 | +€135,938 | +16.6% |
| Amounts receivable within one year | 40/41 | €455,603 | €514,024 | +€58,421 | +12.8% |
| Trade receivables | 40 | €413,703 | €485,336 | +€71,633 | +17.3% |
| Other amounts receivable | 41 | €41,900 | €28,688 | -€13,212 | -31.5% |
| Cash at bank and in hand | 54/58 | €322,661 | €404,218 | +€81,557 | +25.3% |
| Deferred charges and accrued income | 490/1 | €40,902 | €36,861 | -€4,040 | -9.9% |
| Total equity and liabilities | 10/49 | €1,271,725 | €1,407,693 | +€135,968 | +10.7% |
| Equity | 10/15 | €523,969 | €361,114 | -€162,855 | -31.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €505,369 | €342,514 | -€162,855 | -32.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €505,369 | €342,514 | -€162,855 | -32.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €747,756 | €1,046,579 | +€298,823 | +40.0% |
| Amounts payable after more than one year | 17 | €145,099 | €205,206 | +€60,107 | +41.4% |
| Financial debts | 170/4 | €145,099 | €205,206 | +€60,107 | +41.4% |
| Amounts payable within one year | 42/48 | €596,513 | €837,905 | +€241,392 | +40.5% |
| Current portion of amounts payable after more than one year | 42 | €91,520 | €104,121 | +€12,601 | +13.8% |
| Financial debts | 43 | €12,439 | €0 | -€12,439 | -100% |
| Credit institutions | 430/8 | €12,439 | €0 | -€12,439 | -100% |
| Trade debts | 44 | €323,962 | €459,421 | +€135,459 | +41.8% |
| Suppliers | 440/4 | €323,962 | €459,421 | +€135,459 | +41.8% |
| Taxes, remuneration and social security | 45 | €69,479 | €54,807 | -€14,671 | -21.1% |
| Taxes | 450/3 | €16,338 | €7,091 | -€9,247 | -56.6% |
| Remuneration and social security | 454/9 | €53,141 | €47,716 | -€5,424 | -10.2% |
| Other amounts payable | 47/48 | €99,113 | €219,556 | +€120,442 | +122% |
| Accrued charges and deferred income | 492/3 | €6,145 | €3,467 | -€2,677 | -43.6% |
| Non-recurring operating income | 76A | €946 | €25,078 | +€24,132 | +2,551% |
| Remuneration, social security and pensions | 62 | €475,644 | €428,727 | -€46,917 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,606 | €78,823 | -€17,782 | -18.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €2,325 | +€2,325 | |
| Other operating charges | 640/8 | €18,061 | €12,534 | -€5,527 | -30.6% |
| Non-recurring operating charges | 66A | €5,532 | €53,622 | +€48,090 | +869% |
| Gross operating margin | 9900 | €639,481 | €570,368 | -€69,113 | -10.8% |
| Operating profit (loss) | 9901 | €43,639 | -€5,664 | -€49,303 | |
| Financial income | 75/76B | €1,313 | €353 | -€960 | -73.1% |
| Recurring financial income | 75 | €1,313 | €353 | -€960 | -73.1% |
| Financial charges | 65/66B | €19,335 | €18,768 | -€567 | -2.9% |
| Recurring financial charges | 65 | €19,335 | €18,768 | -€567 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €25,617 | -€24,079 | -€49,695 | |
| Income taxes | 67/77 | €9,861 | €0 | -€9,861 | -100% |
| Profit (loss) for the period | 9904 | €15,756 | -€24,079 | -€39,835 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,756 | -€24,079 | -€39,835 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.