G 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.
G Logistics
Largest movements
- Receivables within one year +€153,534
up €153,534 (+81.3%), from €188,733 to €342,266
of which Trade receivables: +€155,581
- Cash -€131,477
down €131,477 (-63.7%), from €206,309 to €74,832
mainly Receivables within one year (-€153,534) and Trade debts (-€103,708)
- Tangible fixed assets -€26,748
down €26,748 (-7.3%), from €364,352 to €337,604
of which Furniture and vehicles: -€40,511
- Deferred charges and accrued income -€12,204
down €12,204 (-29.8%), from €41,009 to €28,805
- Trade debts -€103,708
down €103,708 (-53.5%), from €193,805 to €90,097
- Tax, wage and social debts +€82,723
up €82,723 (+87.1%), from €95,009 to €177,732
of which Taxes: +€43,460
- Debts after one year -€76,599
down €76,599 (-30.5%), from €250,810 to €174,212
- Reserves +€48,050
up €48,050 (+111.1%), from €43,245 to €91,295
- Other debts +€29,688
up €29,688 (+21.5%), from €138,027 to €167,715
- Gross operating margin +€684,629
up €684,629 (+182.4%), from €375,284 to €1.1m
- Staff costs +€591,043
up €591,043 (+205.0%), from €288,331 to €879,374
- Depreciation +€65,996
up €65,996 (+320.3%), from €20,606 to €86,602
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 | €800,403 | €783,507 | -€16,895 | -2.1% |
| Fixed assets | 21/28 | €364,352 | €337,604 | -€26,748 | -7.3% |
| Tangible fixed assets | 22/27 | €364,352 | €337,604 | -€26,748 | -7.3% |
| Plant, machinery and equipment | 23 | - | €13,763 | +€13,763 | |
| Furniture and vehicles | 24 | €364,352 | €323,841 | -€40,511 | -11.1% |
| Current assets | 29/58 | €436,051 | €445,903 | +€9,853 | +2.3% |
| Amounts receivable within one year | 40/41 | €188,733 | €342,266 | +€153,534 | +81.3% |
| Trade receivables | 40 | €186,685 | €342,266 | +€155,581 | +83.3% |
| Other amounts receivable | 41 | €2,047 | €0 | -€2,047 | -100.0% |
| Cash at bank and in hand | 54/58 | €206,309 | €74,832 | -€131,477 | -63.7% |
| Deferred charges and accrued income | 490/1 | €41,009 | €28,805 | -€12,204 | -29.8% |
| Total equity and liabilities | 10/49 | €800,403 | €783,507 | -€16,895 | -2.1% |
| Equity | 10/15 | €48,245 | €96,295 | +€48,050 | +99.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €43,245 | €91,295 | +€48,050 | +111.1% |
| Distributable reserves | 133 | €43,245 | €91,295 | +€48,050 | +111.1% |
| Amounts payable | 17/49 | €752,158 | €687,212 | -€64,946 | -8.6% |
| Amounts payable after more than one year | 17 | €250,810 | €174,212 | -€76,599 | -30.5% |
| Financial debts | 170/4 | €250,810 | €174,212 | -€76,599 | -30.5% |
| Amounts payable within one year | 42/48 | €501,106 | €513,000 | +€11,894 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €74,265 | €77,456 | +€3,191 | +4.3% |
| Trade debts | 44 | €193,805 | €90,097 | -€103,708 | -53.5% |
| Suppliers | 440/4 | €193,805 | €90,097 | -€103,708 | -53.5% |
| Taxes, remuneration and social security | 45 | €95,009 | €177,732 | +€82,723 | +87.1% |
| Taxes | 450/3 | €20,410 | €63,870 | +€43,460 | +212.9% |
| Remuneration and social security | 454/9 | €74,599 | €113,862 | +€39,264 | +52.6% |
| Other amounts payable | 47/48 | €138,027 | €167,715 | +€29,688 | +21.5% |
| Accrued charges and deferred income | 492/3 | €241 | €0 | -€241 | -100.0% |
| Remuneration, social security and pensions | 62 | €288,331 | €879,374 | +€591,043 | +205.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,606 | €86,602 | +€65,996 | +320.3% |
| Other operating charges | 640/8 | €404 | €2,644 | +€2,240 | +554.5% |
| Non-recurring operating charges | 66A | - | €6,214 | +€6,214 | |
| Gross operating margin | 9900 | €375,284 | €1,059,912 | +€684,629 | +182.4% |
| Operating profit (loss) | 9901 | €65,943 | €85,078 | +€19,135 | +29.0% |
| Financial charges | 65/66B | €4,974 | €15,138 | +€10,164 | +204.3% |
| Recurring financial charges | 65 | €4,974 | €15,138 | +€10,164 | +204.3% |
| Profit (loss) for the period before taxes | 9903 | €60,969 | €69,940 | +€8,971 | +14.7% |
| Income taxes | 67/77 | €17,724 | €21,890 | +€4,166 | +23.5% |
| Profit (loss) for the period | 9904 | €43,245 | €48,050 | +€4,805 | +11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,245 | €48,050 | +€4,805 | +11.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.