FULL 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.
FULL LOGISTICS
Largest movements
- Receivables within one year -€6,494
down €6,494 (-22.5%), from €28,910 to €22,416
of which Trade receivables: -€5,914
- Tangible fixed assets -€3,869
down €3,869 (-41.6%), from €9,292 to €5,423
- Tax, wage and social debts -€7,169
down €7,169 (-69.8%), from €10,267 to €3,099
of which Taxes: -€4,014
- Profit (loss) carried forward +€5,500
up €5,500 (+58.4%), from -€9,425 to -€3,925
- Other debts -€4,716
no longer reported in 2025 (was €4,716)
- Trade debts -€2,181
down €2,181 (-17.4%), from €12,514 to €10,334
- Current portion of long-term debt -€1,250
down €1,250 (-20.8%), from €6,000 to €4,750
- Staff costs -€13,222
down €13,222 (-96.7%), from €13,677 to €455
- Financial charges +€3,065
up €3,065 (+604%), from €508 to €3,572
- Gross operating margin +€2,903
up €2,903 (+33.9%), from €8,570 to €11,472
- Other operating charges -€2,101
down €2,101 (-89.5%), from €2,348 to €248
- Depreciation +€504
up €504 (+34.5%), from €1,462 to €1,966
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,201 | €27,839 | -€10,363 | -27.1% |
| Fixed assets | 21/28 | €9,292 | €5,423 | -€3,869 | -41.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €9,292 | €5,423 | -€3,869 | -41.6% |
| Plant, machinery and equipment | 23 | €1,903 | - | -€1,903 | |
| Furniture and vehicles | 24 | €1,310 | €744 | -€566 | -43.2% |
| Leasing and similar rights | 25 | €6,078 | €4,678 | -€1,400 | -23.0% |
| Current assets | 29/58 | €28,910 | €22,416 | -€6,494 | -22.5% |
| Amounts receivable within one year | 40/41 | €28,910 | €22,416 | -€6,494 | -22.5% |
| Trade receivables | 40 | €21,180 | €15,266 | -€5,914 | -27.9% |
| Other amounts receivable | 41 | €7,730 | €7,150 | -€580 | -7.5% |
| Total equity and liabilities | 10/49 | €38,201 | €27,839 | -€10,363 | -27.1% |
| Equity | 10/15 | -€494 | €5,006 | +€5,500 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,931 | €3,931 | = | 0.0% |
| Distributable reserves | 133 | €3,931 | €3,931 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,425 | -€3,925 | +€5,500 | +58.4% |
| Amounts payable | 17/49 | €38,695 | €22,832 | -€15,863 | -41.0% |
| Amounts payable within one year | 42/48 | €38,581 | €22,832 | -€15,749 | -40.8% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €4,750 | -€1,250 | -20.8% |
| Financial debts | 43 | €5,083 | €4,650 | -€433 | -8.5% |
| Credit institutions | 430/8 | €5,083 | €4,650 | -€433 | -8.5% |
| Trade debts | 44 | €12,514 | €10,334 | -€2,181 | -17.4% |
| Suppliers | 440/4 | €12,514 | €10,334 | -€2,181 | -17.4% |
| Taxes, remuneration and social security | 45 | €10,267 | €3,099 | -€7,169 | -69.8% |
| Taxes | 450/3 | €7,112 | €3,099 | -€4,014 | -56.4% |
| Remuneration and social security | 454/9 | €3,155 | - | -€3,155 | |
| Other amounts payable | 47/48 | €4,716 | - | -€4,716 | |
| Accrued charges and deferred income | 492/3 | €114 | - | -€114 | |
| Remuneration, social security and pensions | 62 | €13,677 | €455 | -€13,222 | -96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,462 | €1,966 | +€504 | +34.5% |
| Other operating charges | 640/8 | €2,348 | €248 | -€2,101 | -89.5% |
| Gross operating margin | 9900 | €8,570 | €11,472 | +€2,903 | +33.9% |
| Operating profit (loss) | 9901 | -€8,918 | €8,804 | +€17,722 | |
| Financial income | 75/76B | - | €386 | +€386 | |
| Recurring financial income | 75 | - | €289 | +€289 | |
| Non-recurring financial income | 76B | - | €97 | +€97 | |
| Financial charges | 65/66B | €508 | €3,572 | +€3,065 | +604% |
| Recurring financial charges | 65 | €508 | €3,572 | +€3,065 | +604% |
| Profit (loss) for the period before taxes | 9903 | -€9,425 | €5,617 | +€15,043 | |
| Income taxes | 67/77 | - | €117 | +€117 | |
| Profit (loss) for the period | 9904 | -€9,425 | €5,500 | +€14,926 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,425 | €5,500 | +€14,926 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.