F.O.2 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.O.2 LOGISTICS
Largest movements
- Receivables within one year +€2,614
up €2,614 (+193%), from €1,352 to €3,966
- Cash -€1,170
down €1,170 (-26.5%), from €4,406 to €3,236
mainly Receivables within one year (-€2,614) and Trade debts (-€2,225)
- Tax, wage and social debts +€3,403
up €3,403 (+932%), from €365 to €3,768
of which Taxes: +€2,103
- Trade debts -€2,225
down €2,225 (-54.3%), from €4,099 to €1,874
- Profit (loss) carried forward +€266
up €266, from -€206 to €60
- Gross operating margin +€4,929
up €4,929, from -€107 to €4,822
- Staff costs +€4,555
new in 2024: €4,555
- Financial charges -€99
down €99 (-99.5%), from €99 to €1
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 | €5,758 | €7,202 | +€1,444 | +25.1% |
| Current assets | 29/58 | €5,758 | €7,202 | +€1,444 | +25.1% |
| Amounts receivable within one year | 40/41 | €1,352 | €3,966 | +€2,614 | +193% |
| Trade receivables | 40 | €1,352 | €3,966 | +€2,614 | +193% |
| Cash at bank and in hand | 54/58 | €4,406 | €3,236 | -€1,170 | -26.5% |
| Total equity and liabilities | 10/49 | €5,758 | €7,202 | +€1,444 | +25.1% |
| Equity | 10/15 | €1,294 | €1,560 | +€266 | +20.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€206 | €60 | +€266 | |
| Amounts payable | 17/49 | €4,464 | €5,642 | +€1,178 | +26.4% |
| Amounts payable within one year | 42/48 | €4,464 | €5,642 | +€1,178 | +26.4% |
| Trade debts | 44 | €4,099 | €1,874 | -€2,225 | -54.3% |
| Suppliers | 440/4 | €4,099 | €1,874 | -€2,225 | -54.3% |
| Taxes, remuneration and social security | 45 | €365 | €3,768 | +€3,403 | +932% |
| Taxes | 450/3 | €365 | €2,468 | +€2,103 | +576% |
| Remuneration and social security | 454/9 | - | €1,300 | +€1,300 | |
| Remuneration, social security and pensions | 62 | - | €4,555 | +€4,555 | |
| Gross operating margin | 9900 | -€107 | €4,822 | +€4,929 | |
| Operating profit (loss) | 9901 | -€107 | €267 | +€374 | |
| Financial charges | 65/66B | €99 | €1 | -€99 | -99.5% |
| Recurring financial charges | 65 | €99 | €1 | -€99 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | -€206 | €266 | +€473 | |
| Profit (loss) for the period | 9904 | -€206 | €266 | +€473 | |
| Profit (loss) for the period to be appropriated | 9905 | -€206 | €266 | +€473 |
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 20 October 2026 via checked.be.