F.M. Logistics: 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.
F.M. Logistics
Largest movements
- Receivables within one year -€22,998
down €22,998 (-14.3%), from €160,758 to €137,760
of which Trade receivables: -€26,851
- Cash +€4,867
up €4,867 (+127.0%), from €3,833 to €8,700
mainly Net result for the year (+€51,766) and Receivables within one year (+€22,998)
- Trade debts -€67,849
down €67,849 (-36.5%), from €185,926 to €118,077
- Profit (loss) carried forward +€51,766
up €51,766 (+57.1%), from -€90,676 to -€38,910
- Tax, wage and social debts -€16,213
down €16,213 (-100.0%), from €16,213 to €0
of which Remuneration and social security: -€10,280
- Other debts +€13,044
up €13,044 (+23.4%), from €55,762 to €68,806
- Gross operating margin -€16,622
down €16,622 (-23.0%), from €72,387 to €55,764
- Staff costs -€5,031
down €5,031 (-85.3%), from €5,898 to €867
- Other operating charges +€1,283
up €1,283 (+492.0%), from €261 to €1,544
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.
Cash bridge derived
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 | €173,225 | €153,973 | -€19,252 | -11.1% |
| Fixed assets | 21/28 | €8,633 | €7,512 | -€1,121 | -13.0% |
| Tangible fixed assets | 22/27 | €3,058 | €1,937 | -€1,121 | -36.7% |
| Plant, machinery and equipment | 23 | €417 | €32 | -€385 | -92.3% |
| Furniture and vehicles | 24 | €2,642 | €1,905 | -€736 | -27.9% |
| Financial fixed assets | 28 | €5,575 | €5,575 | = | 0.0% |
| Current assets | 29/58 | €164,591 | €146,461 | -€18,131 | -11.0% |
| Amounts receivable within one year | 40/41 | €160,758 | €137,760 | -€22,998 | -14.3% |
| Trade receivables | 40 | €134,603 | €107,752 | -€26,851 | -19.9% |
| Other amounts receivable | 41 | €26,155 | €30,008 | +€3,853 | +14.7% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €3,833 | €8,700 | +€4,867 | +127.0% |
| Total equity and liabilities | 10/49 | €173,225 | €153,973 | -€19,252 | -11.1% |
| Equity | 10/15 | -€84,676 | -€32,910 | +€51,766 | +61.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,676 | -€38,910 | +€51,766 | +57.1% |
| Amounts payable | 17/49 | €257,901 | €186,883 | -€71,018 | -27.5% |
| Amounts payable within one year | 42/48 | €257,901 | €186,883 | -€71,018 | -27.5% |
| Trade debts | 44 | €185,926 | €118,077 | -€67,849 | -36.5% |
| Suppliers | 440/4 | €185,926 | €118,077 | -€67,849 | -36.5% |
| Taxes, remuneration and social security | 45 | €16,213 | €0 | -€16,213 | -100.0% |
| Taxes | 450/3 | €5,933 | €0 | -€5,933 | -100.0% |
| Remuneration and social security | 454/9 | €10,280 | €0 | -€10,280 | -100.0% |
| Other amounts payable | 47/48 | €55,762 | €68,806 | +€13,044 | +23.4% |
| Remuneration, social security and pensions | 62 | €5,898 | €867 | -€5,031 | -85.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €984 | €1,121 | +€137 | +13.9% |
| Other operating charges | 640/8 | €261 | €1,544 | +€1,283 | +492.0% |
| Gross operating margin | 9900 | €72,387 | €55,764 | -€16,622 | -23.0% |
| Operating profit (loss) | 9901 | €65,244 | €52,232 | -€13,011 | -19.9% |
| Financial income | 75/76B | €0 | €250 | +€250 | |
| Recurring financial income | 75 | €0 | €250 | +€250 | |
| Financial charges | 65/66B | €638 | €716 | +€77 | +12.1% |
| Recurring financial charges | 65 | €638 | €716 | +€77 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | €64,605 | €51,766 | -€12,839 | -19.9% |
| Profit (loss) for the period | 9904 | €64,605 | €51,766 | -€12,839 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €64,605 | €51,766 | -€12,839 | -19.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.