GLOBAL LOGISTICS AGENCIES: 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 AGENCIES
Largest movements
- Receivables within one year +€562,181
up €562,181 (+30.4%), from €1.8m to €2.4m
of which Trade receivables: +€561,324
- Trade debts +€790,626
up €790,626 (+40.0%), from €2.0m to €2.8m
- Profit (loss) carried forward -€353,288
down €353,288 (-115%), from -€307,799 to -€661,087
- Short-term financial debts +€99,966
up €99,966 (+78.5%), from €127,304 to €227,270
- Gross operating margin +€232,535
up €232,535 (+1,207%), from €19,259 to €251,794
- Other operating charges +€215,193
up €215,193 (+1,378%), from €15,616 to €230,810
- Staff costs +€30,474
up €30,474 (+9.5%), from €320,944 to €351,418
- Financial charges +€16,937
up €16,937 (+53.0%), from €31,961 to €48,898
- Financial income -€14,811
down €14,811 (-35.4%), from €41,864 to €27,053
of which Financial income: -€28,524
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 | €1,912,220 | €2,451,368 | +€539,149 | +28.2% |
| Fixed assets | 21/28 | €968 | €601 | -€366 | -37.9% |
| Tangible fixed assets | 22/27 | €968 | €601 | -€366 | -37.9% |
| Furniture and vehicles | 24 | €968 | €601 | -€366 | -37.9% |
| Current assets | 29/58 | €1,911,252 | €2,450,767 | +€539,515 | +28.2% |
| Amounts receivable within one year | 40/41 | €1,848,386 | €2,410,567 | +€562,181 | +30.4% |
| Trade receivables | 40 | €1,364,600 | €1,925,924 | +€561,324 | +41.1% |
| Other amounts receivable | 41 | €483,786 | €484,643 | +€858 | +0.2% |
| Cash at bank and in hand | 54/58 | €62,866 | €40,200 | -€22,666 | -36.1% |
| Total equity and liabilities | 10/49 | €1,912,220 | €2,451,368 | +€539,149 | +28.2% |
| Equity | 10/15 | -€232,759 | -€586,047 | -€353,288 | -152% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €68,540 | €68,540 | = | 0.0% |
| Distributable reserves | 133 | €68,540 | €68,540 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€307,799 | -€661,087 | -€353,288 | -115% |
| Amounts payable | 17/49 | €2,144,979 | €3,037,416 | +€892,437 | +41.6% |
| Amounts payable within one year | 42/48 | €2,144,979 | €3,037,416 | +€892,437 | +41.6% |
| Financial debts | 43 | €127,304 | €227,270 | +€99,966 | +78.5% |
| Credit institutions | 430/8 | €127,304 | €227,270 | +€99,966 | +78.5% |
| Trade debts | 44 | €1,977,851 | €2,768,477 | +€790,626 | +40.0% |
| Suppliers | 440/4 | €1,977,851 | €2,768,477 | +€790,626 | +40.0% |
| Taxes, remuneration and social security | 45 | €39,824 | €41,668 | +€1,845 | +4.6% |
| Taxes | 450/3 | €8,488 | €6,705 | -€1,783 | -21.0% |
| Remuneration and social security | 454/9 | €31,335 | €34,963 | +€3,628 | +11.6% |
| Remuneration, social security and pensions | 62 | €320,944 | €351,418 | +€30,474 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132 | €366 | +€235 | +179% |
| Other operating charges | 640/8 | €15,616 | €230,810 | +€215,193 | +1,378% |
| Gross operating margin | 9900 | €19,259 | €251,794 | +€232,535 | +1,207% |
| Operating profit (loss) | 9901 | -€317,433 | -€330,800 | -€13,367 | -4.2% |
| Financial income | 75/76B | €41,864 | €27,053 | -€14,811 | -35.4% |
| Recurring financial income | 75 | €41,864 | €13,341 | -€28,524 | -68.1% |
| Non-recurring financial income | 76B | - | €13,713 | +€13,713 | |
| Financial charges | 65/66B | €31,961 | €48,898 | +€16,937 | +53.0% |
| Recurring financial charges | 65 | €31,961 | €48,898 | +€16,937 | +53.0% |
| Profit (loss) for the period before taxes | 9903 | -€307,530 | -€352,645 | -€45,115 | -14.7% |
| Income taxes | 67/77 | €269 | €643 | +€374 | +139% |
| Profit (loss) for the period | 9904 | -€307,799 | -€353,288 | -€45,489 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€307,799 | -€353,288 | -€45,489 | -14.8% |
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 25 October 2026 via checked.be.