HANDLING AND LOGISTIC SERVICES: what changed
HANDLING AND LOGISTIC SERVICES
Largest movements
- Cash +€4,863
up €4,863 (+66.1%), from €7,354 to €12,217
mainly Net result for the year (+€8,307) and Receivables within one year (+€2,069)
- Receivables within one year -€2,069
down €2,069 (-3.6%), from €57,804 to €55,735
of which Trade receivables: -€15,435
- Profit (loss) carried forward +€8,307
up €8,307 (+12.7%), from €65,570 to €73,877
- Trade debts -€5,345
down €5,345 (-100%), from €5,345 to €0
- Other operating charges -€2,028
down €2,028 (-57.1%), from €3,553 to €1,525
- Financial income +€843
new in 2025: €843
- Gross operating margin -€817
down €817 (-6.9%), from €11,921 to €11,104
- Financial charges -€613
down €613 (-94.0%), from €653 to €39
- Taxes +€580
up €580 (+38.8%), from €1,496 to €2,077
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 | €77,465 | €80,105 | +€2,640 | +3.4% |
| Fixed assets | 21/28 | €5,250 | €5,250 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €5,250 | €5,250 | = | 0.0% |
| Current assets | 29/58 | €72,215 | €74,855 | +€2,640 | +3.7% |
| Amounts receivable within one year | 40/41 | €57,804 | €55,735 | -€2,069 | -3.6% |
| Trade receivables | 40 | €18,484 | €3,049 | -€15,435 | -83.5% |
| Other amounts receivable | 41 | €39,320 | €52,686 | +€13,366 | +34.0% |
| Cash at bank and in hand | 54/58 | €7,354 | €12,217 | +€4,863 | +66.1% |
| Deferred charges and accrued income | 490/1 | €7,057 | €6,903 | -€154 | -2.2% |
| Total equity and liabilities | 10/49 | €77,465 | €80,105 | +€2,640 | +3.4% |
| Equity | 10/15 | €71,798 | €80,105 | +€8,307 | +11.6% |
| Contributions | 10/11 | €6,228 | €6,228 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €65,570 | €73,877 | +€8,307 | +12.7% |
| Amounts payable | 17/49 | €5,666 | €0 | -€5,666 | -100% |
| Amounts payable within one year | 42/48 | €5,666 | €0 | -€5,666 | -100% |
| Trade debts | 44 | €5,345 | €0 | -€5,345 | -100% |
| Suppliers | 440/4 | €5,345 | €0 | -€5,345 | -100% |
| Taxes, remuneration and social security | 45 | €321 | €0 | -€321 | -100% |
| Taxes | 450/3 | €321 | €0 | -€321 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €3,553 | €1,525 | -€2,028 | -57.1% |
| Non-recurring operating charges | 66A | €234 | €0 | -€234 | -100% |
| Gross operating margin | 9900 | €11,921 | €11,104 | -€817 | -6.9% |
| Operating profit (loss) | 9901 | €8,135 | €9,579 | +€1,445 | +17.8% |
| Financial income | 75/76B | - | €843 | +€843 | |
| Recurring financial income | 75 | - | €843 | +€843 | |
| Financial charges | 65/66B | €653 | €39 | -€613 | -94.0% |
| Recurring financial charges | 65 | €653 | €39 | -€613 | -94.0% |
| Profit (loss) for the period before taxes | 9903 | €7,482 | €10,383 | +€2,901 | +38.8% |
| Income taxes | 67/77 | €1,496 | €2,077 | +€580 | +38.8% |
| Profit (loss) for the period | 9904 | €5,986 | €8,307 | +€2,321 | +38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,986 | €8,307 | +€2,321 | +38.8% |
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 2 November 2026 via checked.be.