GLOBAL LOGISTIC TRANS: 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.
GLOBAL LOGISTIC TRANS
Largest movements
- Receivables within one year +€638,788
up €638,788 (+255%), from €250,978 to €889,766
of which Trade receivables: +€651,589
- Tangible fixed assets -€68,029
down €68,029 (-18.3%), from €371,588 to €303,559
of which Leasing and similar rights: -€44,577
- Cash +€42,337
up €42,337 (+194%), from €21,863 to €64,201
mainly Trade debts (+€717,225) and Depreciation (+€98,546)
- Trade debts +€717,225
up €717,225 (+1,221%), from €58,724 to €775,948
- Debts after one year -€187,585
down €187,585 (-62.7%), from €299,210 to €111,625
- Tax, wage and social debts +€95,671
up €95,671 (+4,730%), from €2,022 to €97,693
of which Remuneration and social security: +€57,991
- Current portion of long-term debt -€75,042
down €75,042 (-42.3%), from €177,493 to €102,451
- Profit (loss) carried forward +€62,828
up €62,828 (+72.2%), from €86,980 to €149,808
- Turnover +€717,189
up €717,189 (+31.4%), from €2.3m to €3.0m
- Purchases and services +€611,322
up €611,322 (+33.5%), from €1.8m to €2.4m
- Staff costs +€271,097
up €271,097 (+188%), from €144,168 to €415,265
- Other operating charges -€142,533
down €142,533 (-96.7%), from €147,438 to €4,905
- Gross operating margin +€66,317
up €66,317 (+12.6%), from €525,803 to €592,120
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
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 | €644,429 | €1,257,526 | +€613,096 | +95.1% |
| Fixed assets | 21/28 | €371,588 | €303,559 | -€68,029 | -18.3% |
| Tangible fixed assets | 22/27 | €371,588 | €303,559 | -€68,029 | -18.3% |
| Furniture and vehicles | 24 | €96,736 | €73,284 | -€23,452 | -24.2% |
| Leasing and similar rights | 25 | €274,852 | €230,275 | -€44,577 | -16.2% |
| Current assets | 29/58 | €272,841 | €953,967 | +€681,126 | +250% |
| Amounts receivable within one year | 40/41 | €250,978 | €889,766 | +€638,788 | +255% |
| Trade receivables | 40 | €216,831 | €868,420 | +€651,589 | +301% |
| Other amounts receivable | 41 | €34,147 | €21,346 | -€12,801 | -37.5% |
| Cash at bank and in hand | 54/58 | €21,863 | €64,201 | +€42,337 | +194% |
| Total equity and liabilities | 10/49 | €644,429 | €1,257,526 | +€613,096 | +95.1% |
| Equity | 10/15 | €106,980 | €169,808 | +€62,828 | +58.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Share premium | 1100/10 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,980 | €149,808 | +€62,828 | +72.2% |
| Amounts payable | 17/49 | €537,449 | €1,087,717 | +€550,268 | +102% |
| Amounts payable after more than one year | 17 | €299,210 | €111,625 | -€187,585 | -62.7% |
| Financial debts | 170/4 | €299,210 | €111,625 | -€187,585 | -62.7% |
| Amounts payable within one year | 42/48 | €238,240 | €976,093 | +€737,853 | +310% |
| Current portion of amounts payable after more than one year | 42 | €177,493 | €102,451 | -€75,042 | -42.3% |
| Trade debts | 44 | €58,724 | €775,948 | +€717,225 | +1,221% |
| Suppliers | 440/4 | €58,724 | €775,948 | +€717,225 | +1,221% |
| Taxes, remuneration and social security | 45 | €2,022 | €97,693 | +€95,671 | +4,730% |
| Taxes | 450/3 | €2,022 | €39,703 | +€37,680 | +1,863% |
| Remuneration and social security | 454/9 | - | €57,991 | +€57,991 | |
| Turnover | 70 | €2,284,393 | €3,001,582 | +€717,189 | +31.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,823,475 | €2,434,797 | +€611,322 | +33.5% |
| Remuneration, social security and pensions | 62 | €144,168 | €415,265 | +€271,097 | +188% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,921 | €98,546 | +€4,625 | +4.9% |
| Other operating charges | 640/8 | €147,438 | €4,905 | -€142,533 | -96.7% |
| Gross operating margin | 9900 | €525,803 | €592,120 | +€66,317 | +12.6% |
| Operating profit (loss) | 9901 | €140,276 | €73,404 | -€66,872 | -47.7% |
| Financial charges | 65/66B | €38,296 | €10,576 | -€27,720 | -72.4% |
| Recurring financial charges | 65 | €38,296 | €10,576 | -€27,720 | -72.4% |
| Profit (loss) for the period before taxes | 9903 | €101,980 | €62,828 | -€39,151 | -38.4% |
| Income taxes | 67/77 | €15,000 | - | -€15,000 | |
| Profit (loss) for the period | 9904 | €86,980 | €62,828 | -€24,151 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €86,980 | €62,828 | -€24,151 | -27.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.