GLOBAL 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.
GLOBAL LOGISTICS
Largest movements
- Receivables within one year +€181,944
up €181,944 (+321%), from €56,640 to €238,584
of which Other amounts receivable: +€180,713
- Tangible fixed assets +€52,152
up €52,152 (+10,820%), from €482 to €52,634
- Cash -€30,357
down €30,357 (-77.2%), from €39,327 to €8,970
mainly Receivables within one year (-€181,944) and Investment in fixed assets (net) (-€62,777)
- Reserves +€100,000
new in 2024: €100,000
- Trade debts +€48,282
up €48,282 (+606%), from €7,966 to €56,248
- Tax, wage and social debts +€28,319
up €28,319 (+218%), from €12,971 to €41,290
of which Taxes: +€28,438
- Profit (loss) carried forward +€25,237
up €25,237, from -€21,056 to €4,181
- Advances received +€18,091
up €18,091 (+28.2%), from €64,252 to €82,343
- Gross operating margin +€187,696
up €187,696 (+371%), from €50,535 to €238,231
- Taxes +€30,226
new in 2024: €30,226
- Staff costs +€22,934
up €22,934 (+49.9%), from €45,984 to €68,918
- Depreciation +€9,803
up €9,803 (+10,319%), from €95 to €9,898
- Other operating charges +€4,202
new in 2024: €4,202
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 | €106,124 | €310,340 | +€204,216 | +192% |
| Fixed assets | 21/28 | €9,907 | €62,786 | +€52,879 | +534% |
| Intangible fixed assets | 21 | - | €727 | +€727 | |
| Tangible fixed assets | 22/27 | €482 | €52,634 | +€52,152 | +10,820% |
| Furniture and vehicles | 24 | €482 | €52,634 | +€52,152 | +10,820% |
| Financial fixed assets | 28 | €9,425 | €9,425 | = | 0.0% |
| Current assets | 29/58 | €96,217 | €247,554 | +€151,337 | +157% |
| Amounts receivable within one year | 40/41 | €56,640 | €238,584 | +€181,944 | +321% |
| Trade receivables | 40 | €56,566 | €57,797 | +€1,231 | +2.2% |
| Other amounts receivable | 41 | €74 | €180,787 | +€180,713 | +244,207% |
| Cash at bank and in hand | 54/58 | €39,327 | €8,970 | -€30,357 | -77.2% |
| Deferred charges and accrued income | 490/1 | €250 | - | -€250 | |
| Total equity and liabilities | 10/49 | €106,124 | €310,340 | +€204,216 | +192% |
| Equity | 10/15 | €3,944 | €129,181 | +€125,237 | +3,175% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | - | €100,000 | +€100,000 | |
| Distributable reserves | 133 | - | €100,000 | +€100,000 | |
| Profit (loss) carried forward | 14 | -€21,056 | €4,181 | +€25,237 | |
| Amounts payable | 17/49 | €102,180 | €181,159 | +€78,979 | +77.3% |
| Amounts payable within one year | 42/48 | €100,680 | €180,033 | +€79,353 | +78.8% |
| Trade debts | 44 | €7,966 | €56,248 | +€48,282 | +606% |
| Suppliers | 440/4 | €7,966 | €56,248 | +€48,282 | +606% |
| Advances received on contracts in progress | 46 | €64,252 | €82,343 | +€18,091 | +28.2% |
| Taxes, remuneration and social security | 45 | €12,971 | €41,290 | +€28,319 | +218% |
| Taxes | 450/3 | €1,788 | €30,226 | +€28,438 | +1,590% |
| Remuneration and social security | 454/9 | €11,183 | €11,064 | -€119 | -1.1% |
| Other amounts payable | 47/48 | €15,491 | €152 | -€15,339 | -99.0% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,126 | -€374 | -24.9% |
| Remuneration, social security and pensions | 62 | €45,984 | €68,918 | +€22,934 | +49.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95 | €9,898 | +€9,803 | +10,319% |
| Other operating charges | 640/8 | - | €4,202 | +€4,202 | |
| Operating charges capitalised as restructuring costs | 649 | -€351 | - | +€351 | |
| Gross operating margin | 9900 | €50,535 | €238,231 | +€187,696 | +371% |
| Operating profit (loss) | 9901 | €4,807 | €155,213 | +€150,406 | +3,129% |
| Financial income | 75/76B | - | €250 | +€250 | |
| Recurring financial income | 75 | - | €250 | +€250 | |
| Financial charges | 65/66B | €443 | - | -€443 | |
| Recurring financial charges | 65 | €443 | - | -€443 | |
| Profit (loss) for the period before taxes | 9903 | €4,364 | €155,463 | +€151,099 | +3,462% |
| Income taxes | 67/77 | - | €30,226 | +€30,226 | |
| Profit (loss) for the period | 9904 | €4,364 | €125,237 | +€120,873 | +2,770% |
| Profit (loss) for the period to be appropriated | 9905 | €4,364 | €125,237 | +€120,873 | +2,770% |
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 17 October 2026 via checked.be.