HELLMANN WORLDWIDE 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.
What changed
HELLMANN WORLDWIDE LOGISTICS
NACE 52.250, Logistics services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€211,692
2024 · €419,324-€631,016
Equity
€1.4m
2024 · €1.6m-€211,692
Cash
€8,982
2024 · €23,203-€14,221
Balance sheet total
€5.1m
2024 · €6.5m-€1.3m
Largest movements
Assets
- Receivables within one year -€1.3m
down €1.3m (-21.2%), from €6.1m to €4.8m
of which Trade receivables: -€866,998
Equity and liabilities
- Trade debts -€785,128
down €785,128 (-25.4%), from €3.1m to €2.3m
- Short-term financial debts -€640,620
down €640,620 (-55.7%), from €1.2m to €509,588
- Accrued charges and deferred income +€416,828
up €416,828 (+2496.7%), from €16,695 to €433,523
- Profit (loss) carried forward -€211,692
down €211,692 (-19.4%), from €1.1m to €879,804
- Tax, wage and social debts -€110,888
down €110,888 (-18.6%), from €594,958 to €484,070
of which Taxes: -€63,522
Income statement
- Staff costs +€469,520
up €469,520 (+17.3%), from €2.7m to €3.2m
- Other operating income -€391,801
down €391,801 (-48.5%), from €807,747 to €415,946
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.
Result 2024
€419,324
Turnover
+€260,946
Other operating income
-€391,801
Goods and materials
-€173,237
Services and other goods
+€273,492
Staff costs
-€469,520
Depreciation
-€1,863
Write-downs
-€117,713
Other operating charges
+€363
Financial income
-€133,592
Financial charges
+€10,904
Taxes
+€111,004
Result 2025
-€211,692
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.
From operations
+€648,450
Investment
-€22,050
Financing
-€640,620
Cash 2024
€23,203
From operations (derived)
+€648,450
Net result for the year
-€211,692
Depreciation
+€21,094
Receivables within one year
+€1.3m
Deferred charges and accrued income
+€20,229
Trade debts
-€785,128
Tax, wage and social debts
-€110,888
Accrued charges and deferred income
+€416,828
Investment (derived)
-€22,050
Investment in fixed assets (net)
-€22,050
Financing
-€640,620
Short-term financial debts
-€640,620
Cash 2025
€8,982
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,451,435 | €5,119,935 | -€1.3m | -20.6% |
| Fixed assets | 21/28 | €95,154 | €96,110 | +€956 | +1.0% |
| Tangible fixed assets | 22/27 | €58,951 | €59,907 | +€956 | +1.6% |
| Plant, machinery and equipment | 23 | €17,564 | €24,178 | +€6,614 | +37.7% |
| Furniture and vehicles | 24 | €41,387 | €35,730 | -€5,657 | -13.7% |
| Financial fixed assets | 28 | €36,203 | €36,203 | = | 0.0% |
| Other financial fixed assets | 284/8 | €36,203 | €36,203 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €36,203 | €36,203 | = | 0.0% |
| Current assets | 29/58 | €6,356,281 | €5,023,824 | -€1.3m | -21.0% |
| Amounts receivable within one year | 40/41 | €6,127,603 | €4,829,596 | -€1.3m | -21.2% |
| Trade receivables | 40 | €5,674,528 | €4,807,530 | -€866,998 | -15.3% |
| Other amounts receivable | 41 | €453,076 | €22,066 | -€431,009 | -95.1% |
| Cash at bank and in hand | 54/58 | €23,203 | €8,982 | -€14,221 | -61.3% |
| Deferred charges and accrued income | 490/1 | €205,475 | €185,246 | -€20,229 | -9.8% |
| Total equity and liabilities | 10/49 | €6,451,435 | €5,119,935 | -€1.3m | -20.6% |
| Equity | 10/15 | €1,598,871 | €1,387,179 | -€211,692 | -13.2% |
| Contributions | 10/11 | €461,250 | €461,250 | = | 0.0% |
| Capital | 10 | €461,250 | €461,250 | = | 0.0% |
| Issued capital | 100 | €461,250 | €461,250 | = | 0.0% |
| Reserves | 13 | €46,125 | €46,125 | = | 0.0% |
| Non-distributable reserves | 130/1 | €46,125 | €46,125 | = | 0.0% |
| Legal reserve | 130 | €46,125 | €46,125 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,091,496 | €879,804 | -€211,692 | -19.4% |
| Amounts payable | 17/49 | €4,852,564 | €3,732,755 | -€1.1m | -23.1% |
| Amounts payable within one year | 42/48 | €4,835,869 | €3,299,233 | -€1.5m | -31.8% |
| Financial debts | 43 | €1,150,208 | €509,588 | -€640,620 | -55.7% |
| Other loans | 439 | €1,150,208 | €509,588 | -€640,620 | -55.7% |
| Trade debts | 44 | €3,090,703 | €2,305,575 | -€785,128 | -25.4% |
| Suppliers | 440/4 | €3,090,703 | €2,305,575 | -€785,128 | -25.4% |
| Taxes, remuneration and social security | 45 | €594,958 | €484,070 | -€110,888 | -18.6% |
| Taxes | 450/3 | €164,061 | €100,538 | -€63,522 | -38.7% |
| Remuneration and social security | 454/9 | €430,898 | €383,532 | -€47,366 | -11.0% |
| Accrued charges and deferred income | 492/3 | €16,695 | €433,523 | +€416,828 | +2496.7% |
| Operating income | 70/76A | €32,768,251 | €32,637,396 | -€130,855 | -0.4% |
| Turnover | 70 | €31,960,505 | €32,221,450 | +€260,946 | +0.8% |
| Other operating income | 74 | €807,747 | €415,946 | -€391,801 | -48.5% |
| Operating charges | 60/66A | €32,233,708 | €32,722,186 | +€488,478 | +1.5% |
| Goods for resale, raw materials and consumables | 60 | €28,053,527 | €28,226,764 | +€173,237 | +0.6% |
| Purchases | 600/8 | €28,053,527 | €28,226,764 | +€173,237 | +0.6% |
| Services and other goods | 61 | €1,459,713 | €1,186,221 | -€273,492 | -18.7% |
| Remuneration, social security and pensions | 62 | €2,712,993 | €3,182,513 | +€469,520 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,230 | €21,094 | +€1,863 | +9.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13,850 | €103,863 | +€117,713 | |
| Other operating charges | 640/8 | €2,094 | €1,731 | -€363 | -17.3% |
| Operating profit (loss) | 9901 | €534,543 | -€84,790 | -€619,333 | |
| Financial income | 75/76B | €201,235 | €67,644 | -€133,592 | -66.4% |
| Recurring financial income | 75 | €201,235 | €67,642 | -€133,593 | -66.4% |
| Income from current assets | 751 | €59,990 | €16,495 | -€43,495 | -72.5% |
| Other financial income | 752/9 | €141,246 | €51,147 | -€90,098 | -63.8% |
| Non-recurring financial income | 76B | - | €1 | +€1 | |
| Financial charges | 65/66B | €184,912 | €174,007 | -€10,904 | -5.9% |
| Recurring financial charges | 65 | €184,912 | €174,007 | -€10,904 | -5.9% |
| Debt charges | 650 | €6,782 | €48,259 | +€41,478 | +611.6% |
| Other financial charges | 652/9 | €178,130 | €125,748 | -€52,382 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €550,867 | -€191,154 | -€742,021 | |
| Income taxes | 67/77 | €131,543 | €20,538 | -€111,004 | -84.4% |
| Taxes | 670/3 | €150,000 | €20,538 | -€129,462 | -86.3% |
| Tax adjustments and reversals of tax provisions | 77 | €18,457 | - | -€18,457 | |
| Profit (loss) for the period | 9904 | €419,324 | -€211,692 | -€631,016 | |
| Profit (loss) for the period to be appropriated | 9905 | €419,324 | -€211,692 | -€631,016 |
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 10 October 2026 via checked.be.