HAVE LOGISTIC: 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.
HAVE LOGISTIC
Largest movements
- Cash +€20,630
up €20,630 (+89.0%), from €23,190 to €43,820
mainly Receivables within one year (+€17,022) and Depreciation (+€9,387)
- Receivables within one year -€17,022
down €17,022 (-46.8%), from €36,360 to €19,338
of which Trade receivables: -€13,680
- Tangible fixed assets -€8,484
down €8,484 (-20.6%), from €41,246 to €32,762
- Deferred charges and accrued income +€1,356
up €1,356 (+1695.0%), from €80 to €1,436
- Debts after one year -€6,885
down €6,885 (-23.8%), from €28,893 to €22,008
- Profit (loss) carried forward +€4,343
up €4,343 (+13.6%), from €32,041 to €36,384
- Depreciation +€6,938
up €6,938 (+283.3%), from €2,449 to €9,387
- Taxes -€2,557
down €2,557 (-69.1%), from €3,702 to €1,145
- Gross operating margin -€2,111
down €2,111 (-10.2%), from €20,784 to €18,673
- Other operating charges +€1,951
up €1,951 (+7225.9%), from €27 to €1,978
- Financial charges +€1,376
up €1,376 (+309.9%), from €444 to €1,820
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.
Cash bridge derived
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 | €100,876 | €97,356 | -€3,520 | -3.5% |
| Fixed assets | 21/28 | €41,246 | €32,762 | -€8,484 | -20.6% |
| Tangible fixed assets | 22/27 | €41,246 | €32,762 | -€8,484 | -20.6% |
| Furniture and vehicles | 24 | €41,246 | €32,762 | -€8,484 | -20.6% |
| Current assets | 29/58 | €59,630 | €64,594 | +€4,964 | +8.3% |
| Amounts receivable within one year | 40/41 | €36,360 | €19,338 | -€17,022 | -46.8% |
| Trade receivables | 40 | €31,116 | €17,436 | -€13,680 | -44.0% |
| Other amounts receivable | 41 | €5,244 | €1,902 | -€3,342 | -63.7% |
| Cash at bank and in hand | 54/58 | €23,190 | €43,820 | +€20,630 | +89.0% |
| Deferred charges and accrued income | 490/1 | €80 | €1,436 | +€1,356 | +1695.0% |
| Total equity and liabilities | 10/49 | €100,876 | €97,356 | -€3,520 | -3.5% |
| Equity | 10/15 | €52,493 | €56,836 | +€4,343 | +8.3% |
| Contributions | 10/11 | €20,452 | €20,452 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,041 | €36,384 | +€4,343 | +13.6% |
| Amounts payable | 17/49 | €48,383 | €40,520 | -€7,863 | -16.3% |
| Amounts payable after more than one year | 17 | €28,893 | €22,008 | -€6,885 | -23.8% |
| Financial debts | 170/4 | €28,893 | €22,008 | -€6,885 | -23.8% |
| Amounts payable within one year | 42/48 | €19,490 | €18,512 | -€978 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €6,573 | €6,885 | +€312 | +4.7% |
| Trade debts | 44 | €8,953 | €8,242 | -€711 | -7.9% |
| Suppliers | 440/4 | €8,953 | €8,242 | -€711 | -7.9% |
| Advances received on contracts in progress | 46 | €950 | €950 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,808 | €2,402 | -€406 | -14.5% |
| Taxes | 450/3 | €2,808 | €2,402 | -€406 | -14.5% |
| Other amounts payable | 47/48 | €206 | €33 | -€173 | -84.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,449 | €9,387 | +€6,938 | +283.3% |
| Other operating charges | 640/8 | €27 | €1,978 | +€1,951 | +7225.9% |
| Gross operating margin | 9900 | €20,784 | €18,673 | -€2,111 | -10.2% |
| Operating profit (loss) | 9901 | €18,308 | €7,308 | -€11,000 | -60.1% |
| Financial charges | 65/66B | €444 | €1,820 | +€1,376 | +309.9% |
| Recurring financial charges | 65 | €444 | €1,820 | +€1,376 | +309.9% |
| Profit (loss) for the period before taxes | 9903 | €17,864 | €5,488 | -€12,376 | -69.3% |
| Income taxes | 67/77 | €3,702 | €1,145 | -€2,557 | -69.1% |
| Profit (loss) for the period | 9904 | €14,162 | €4,343 | -€9,819 | -69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,162 | €4,343 | -€9,819 | -69.3% |
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 11 October 2026 via checked.be.