INFRASTRUCTURE ET LOGISTIQUE: 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.
INFRASTRUCTURE ET LOGISTIQUE
Largest movements
- Tangible fixed assets -€43,638
down €43,638 (-14.9%), from €292,731 to €249,093
of which Plant, machinery and equipment: -€30,502
- Receivables within one year +€8,192
up €8,192 (+83.5%), from €9,810 to €18,002
of which Other amounts receivable: +€18,002
- Cash -€5,978
down €5,978 (-11.0%), from €54,494 to €48,517
mainly Debts after one year (-€34,213) and Trade debts (-€13,669)
- Debts after one year -€34,213
down €34,213 (-18.7%), from €182,880 to €148,667
of which Financial debts: -€46,721
- Profit (loss) carried forward +€16,249
up €16,249 (+20.3%), from -€79,913 to -€63,665
- Trade debts -€13,669
down €13,669 (-47.1%), from €29,015 to €15,346
- Other debts -€11,180
down €11,180 (-47.0%), from €23,805 to €12,625
- Gross operating margin +€23,274
up €23,274 (+43.9%), from €53,075 to €76,349
- Depreciation +€2,290
up €2,290 (+5.5%), from €41,348 to €43,638
- Financial charges -€1,326
down €1,326 (-13.1%), from €10,110 to €8,784
- Financial income +€1,059
new in 2024: €1,059
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.
Derived cash bridge
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 | €362,563 | €320,739 | -€41,824 | -11.5% |
| Fixed assets | 21/28 | €292,731 | €249,093 | -€43,638 | -14.9% |
| Tangible fixed assets | 22/27 | €292,731 | €249,093 | -€43,638 | -14.9% |
| Land and buildings | 22 | €192,679 | €179,544 | -€13,136 | -6.8% |
| Plant, machinery and equipment | 23 | €100,052 | €69,550 | -€30,502 | -30.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €69,832 | €71,646 | +€1,814 | +2.6% |
| Amounts receivable within one year | 40/41 | €9,810 | €18,002 | +€8,192 | +83.5% |
| Trade receivables | 40 | €9,810 | - | -€9,810 | |
| Other amounts receivable | 41 | - | €18,002 | +€18,002 | |
| Cash at bank and in hand | 54/58 | €54,494 | €48,517 | -€5,978 | -11.0% |
| Deferred charges and accrued income | 490/1 | €5,527 | €5,127 | -€400 | -7.2% |
| Total equity and liabilities | 10/49 | €362,563 | €320,739 | -€41,824 | -11.5% |
| Equity | 10/15 | €47,415 | €63,664 | +€16,249 | +34.3% |
| Contributions | 10/11 | €122,000 | €122,000 | = | 0.0% |
| Reserves | 13 | €5,328 | €5,328 | = | 0.0% |
| Non-distributable reserves | 130/1 | €370 | €370 | = | 0.0% |
| Reserves not available under the articles | 1311 | €370 | €370 | = | 0.0% |
| Distributable reserves | 133 | €4,958 | €4,958 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,913 | -€63,665 | +€16,249 | +20.3% |
| Amounts payable | 17/49 | €315,148 | €257,076 | -€58,072 | -18.4% |
| Amounts payable after more than one year | 17 | €182,880 | €148,667 | -€34,213 | -18.7% |
| Financial debts | 170/4 | €152,360 | €105,640 | -€46,721 | -30.7% |
| Other amounts payable | 178/9 | €30,520 | €43,027 | +€12,507 | +41.0% |
| Amounts payable within one year | 42/48 | €98,032 | €73,226 | -€24,806 | -25.3% |
| Current portion of amounts payable after more than one year | 42 | €45,211 | €45,255 | +€44 | +0.1% |
| Trade debts | 44 | €29,015 | €15,346 | -€13,669 | -47.1% |
| Suppliers | 440/4 | €29,015 | €15,346 | -€13,669 | -47.1% |
| Other amounts payable | 47/48 | €23,805 | €12,625 | -€11,180 | -47.0% |
| Accrued charges and deferred income | 492/3 | €34,236 | €35,182 | +€946 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,348 | €43,638 | +€2,290 | +5.5% |
| Other operating charges | 640/8 | €8,408 | €8,737 | +€329 | +3.9% |
| Gross operating margin | 9900 | €53,075 | €76,349 | +€23,274 | +43.9% |
| Operating profit (loss) | 9901 | €3,319 | €23,974 | +€20,655 | +622% |
| Financial income | 75/76B | - | €1,059 | +€1,059 | |
| Recurring financial income | 75 | - | €1,059 | +€1,059 | |
| Financial charges | 65/66B | €10,110 | €8,784 | -€1,326 | -13.1% |
| Recurring financial charges | 65 | €10,110 | €8,784 | -€1,326 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,790 | €16,249 | +€23,039 | |
| Profit (loss) for the period | 9904 | -€6,790 | €16,249 | +€23,039 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,790 | €16,249 | +€23,039 |
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 30 October 2026 via checked.be.