HK 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.
HK Logistics
Largest movements
- Receivables within one year +€124,270
up €124,270 (+53680.5%), from €232 to €124,502
of which Trade receivables: +€118,257
- Cash +€21,690
up €21,690 (+13745.5%), from €158 to €21,848
mainly Trade debts (+€109,125) and Net result for the year (+€33,553)
- Trade debts +€109,125
up €109,125 (+1431.1%), from €7,625 to €116,750
- Profit (loss) carried forward +€33,553
up €33,553, from -€10,236 to €23,317
- Tax, wage and social debts +€6,283
new in 2024: €6,283
- Other debts -€3,000
no longer reported in 2024 (was €3,000)
- Gross operating margin +€50,649
up €50,649, from -€9,241 to €41,408
- Taxes +€6,283
new in 2024: €6,283
- Financial charges +€1,350
up €1,350 (+63972.5%), from €2 to €1,352
- Other operating charges -€606
down €606 (-61.0%), from €993 to €387
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.
Cash bridge derived
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 | €389 | €146,350 | +€145,961 | +37493.1% |
| Current assets | 29/58 | €389 | €146,350 | +€145,961 | +37493.1% |
| Amounts receivable within one year | 40/41 | €232 | €124,502 | +€124,270 | +53680.5% |
| Trade receivables | 40 | - | €118,257 | +€118,257 | |
| Other amounts receivable | 41 | €232 | €6,245 | +€6,014 | +2597.7% |
| Cash at bank and in hand | 54/58 | €158 | €21,848 | +€21,690 | +13745.5% |
| Total equity and liabilities | 10/49 | €389 | €146,350 | +€145,961 | +37493.1% |
| Equity | 10/15 | -€10,236 | €23,317 | +€33,553 | |
| Profit (loss) carried forward | 14 | -€10,236 | €23,317 | +€33,553 | |
| Amounts payable | 17/49 | €10,625 | €123,033 | +€112,408 | +1057.9% |
| Amounts payable within one year | 42/48 | €10,625 | €123,033 | +€112,408 | +1057.9% |
| Trade debts | 44 | €7,625 | €116,750 | +€109,125 | +1431.1% |
| Suppliers | 440/4 | €7,625 | €116,750 | +€109,125 | +1431.1% |
| Taxes, remuneration and social security | 45 | - | €6,283 | +€6,283 | |
| Taxes | 450/3 | - | €6,283 | +€6,283 | |
| Other amounts payable | 47/48 | €3,000 | - | -€3,000 | |
| Other operating charges | 640/8 | €993 | €387 | -€606 | -61.0% |
| Gross operating margin | 9900 | -€9,241 | €41,408 | +€50,649 | |
| Operating profit (loss) | 9901 | -€10,234 | €41,021 | +€51,255 | |
| Financial income | 75/76B | - | €167 | +€167 | |
| Recurring financial income | 75 | - | €167 | +€167 | |
| Financial charges | 65/66B | €2 | €1,352 | +€1,350 | +63972.5% |
| Recurring financial charges | 65 | €2 | €1,352 | +€1,350 | +63972.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,236 | €39,836 | +€50,072 | |
| Income taxes | 67/77 | - | €6,283 | +€6,283 | |
| Profit (loss) for the period | 9904 | -€10,236 | €33,553 | +€43,789 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,236 | €33,553 | +€43,789 |
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 10 October 2026 via checked.be.