HAINAUT LOGISTIC: what changed
HAINAUT LOGISTIC
Largest movements
- Tangible fixed assets +€602,758
up €602,758 (+2,801%), from €21,522 to €624,280
of which Land and buildings: +€618,750
- Cash -€117,517
down €117,517 (-19.6%), from €600,420 to €482,903
mainly Investment in fixed assets (net) (-€618,750) and Current portion of long-term debt (-€29,319)
- Receivables within one year -€45,392
down €45,392 (-40.2%), from €112,951 to €67,559
of which Trade receivables: -€40,590
- Trade debts +€498,531
up €498,531 (+2,131%), from €23,399 to €521,930
- Current portion of long-term debt -€29,319
down €29,319 (-83.1%), from €35,263 to €5,944
- Profit (loss) carried forward -€16,198
down €16,198 (-4.3%), from €372,601 to €356,403
- Turnover -€389,558
down €389,558 (-63.4%), from €614,541 to €224,983
- Purchases and services -€215,360
down €215,360 (-55.1%), from €390,521 to €175,161
- Gross operating margin -€191,505
down €191,505 (-74.3%), from €257,824 to €66,319
- Staff costs -€134,024
down €134,024 (-68.8%), from €194,763 to €60,739
- Financial income -€8,528
down €8,528 (-53.7%), from €15,873 to €7,345
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €775,199 | €1,213,665 | +€438,466 | +56.6% |
| Fixed assets | 21/28 | €60,445 | €663,203 | +€602,758 | +997% |
| Tangible fixed assets | 22/27 | €21,522 | €624,280 | +€602,758 | +2,801% |
| Land and buildings | 22 | - | €618,750 | +€618,750 | |
| Furniture and vehicles | 24 | €6,667 | - | -€6,667 | |
| Leasing and similar rights | 25 | €14,855 | €5,530 | -€9,325 | -62.8% |
| Financial fixed assets | 28 | €38,923 | €38,923 | = | 0.0% |
| Current assets | 29/58 | €714,754 | €550,462 | -€164,292 | -23.0% |
| Amounts receivable within one year | 40/41 | €112,951 | €67,559 | -€45,392 | -40.2% |
| Trade receivables | 40 | €66,515 | €25,925 | -€40,590 | -61.0% |
| Other amounts receivable | 41 | €46,436 | €41,634 | -€4,802 | -10.3% |
| Cash at bank and in hand | 54/58 | €600,420 | €482,903 | -€117,517 | -19.6% |
| Deferred charges and accrued income | 490/1 | €1,383 | - | -€1,383 | |
| Total equity and liabilities | 10/49 | €775,199 | €1,213,665 | +€438,466 | +56.6% |
| Equity | 10/15 | €645,991 | €622,448 | -€23,543 | -3.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €158,416 | €158,416 | = | 0.0% |
| Tax-exempt reserves | 132 | €158,416 | €158,416 | = | 0.0% |
| Profit (loss) carried forward | 14 | €372,601 | €356,403 | -€16,198 | -4.3% |
| Investment grants | 15 | €39,974 | €32,629 | -€7,345 | -18.4% |
| Provisions and deferred taxes | 16 | €52,805 | €52,805 | = | 0.0% |
| Deferred taxes | 168 | €52,805 | €52,805 | = | 0.0% |
| Amounts payable | 17/49 | €76,403 | €538,412 | +€462,009 | +605% |
| Amounts payable within one year | 42/48 | €71,553 | €533,562 | +€462,009 | +646% |
| Current portion of amounts payable after more than one year | 42 | €35,263 | €5,944 | -€29,319 | -83.1% |
| Trade debts | 44 | €23,399 | €521,930 | +€498,531 | +2,131% |
| Suppliers | 440/4 | €23,399 | €521,930 | +€498,531 | +2,131% |
| Taxes, remuneration and social security | 45 | €11,398 | €4,945 | -€6,453 | -56.6% |
| Remuneration and social security | 454/9 | €11,398 | €4,945 | -€6,453 | -56.6% |
| Other amounts payable | 47/48 | €1,493 | €743 | -€750 | -50.2% |
| Accrued charges and deferred income | 492/3 | €4,850 | €4,850 | = | 0.0% |
| Turnover | 70 | €614,541 | €224,983 | -€389,558 | -63.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €390,521 | €175,161 | -€215,360 | -55.1% |
| Remuneration, social security and pensions | 62 | €194,763 | €60,739 | -€134,024 | -68.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,323 | €15,992 | -€3,331 | -17.2% |
| Other operating charges | 640/8 | €5,946 | €3,603 | -€2,343 | -39.4% |
| Gross operating margin | 9900 | €257,824 | €66,319 | -€191,505 | -74.3% |
| Operating profit (loss) | 9901 | €37,792 | -€14,015 | -€51,807 | |
| Financial income | 75/76B | €15,873 | €7,345 | -€8,528 | -53.7% |
| Recurring financial income | 75 | €15,873 | €7,345 | -€8,528 | -53.7% |
| Financial charges | 65/66B | €7,497 | €1,806 | -€5,691 | -75.9% |
| Recurring financial charges | 65 | €7,497 | €1,806 | -€5,691 | -75.9% |
| Profit (loss) for the period before taxes | 9903 | €46,168 | -€8,476 | -€54,644 | |
| Income taxes | 67/77 | €1,155 | €7,722 | +€6,567 | +569% |
| Profit (loss) for the period | 9904 | €45,013 | -€16,198 | -€61,211 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,013 | -€16,198 | -€61,211 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.