JR 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
JR LOGISTICS
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.0m
2024 · €12,034+€2.0m
Equity
€3.3m
2024 · €5.0m-€1.7m
Cash
€541,114
2024 · €622,282-€81,168
Balance sheet total
€9.9m
2024 · €10.6m-€688,220
Largest movements
Assets
- Receivables within one year -€649,603
down €649,603 (-25.5%), from €2.5m to €1.9m
of which Other amounts receivable: -€1.5m
Equity and liabilities
- Other debts +€2.8m
up €2.8m (+279%), from €1.0m to €3.8m
- Current portion of long-term debt -€1.8m
no longer reported in 2025 (was €1.8m)
- Profit (loss) carried forward -€1.7m
down €1.7m (-100.0%), from €1.7m to €790
Income statement
- Turnover +€3.9m
up €3.9m (+65.8%), from €5.9m to €9.9m
- Goods and materials +€3.1m
up €3.1m (+141%), from €2.2m to €5.4m
- Financial charges -€1.0m
down €1.0m (-91.3%), from €1.1m to €97,699
of which Non-recurring financial charges: -€997,645
- Taxes +€292,639
up €292,639 (+73.7%), from €396,998 to €689,637
- Services and other goods -€274,781
down €274,781 (-30.0%), from €915,032 to €640,251
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
€12,034
Turnover
+€3.9m
Other operating income
+€23,351
Goods and materials
-€3.1m
Services and other goods
+€274,781
Staff costs
+€197,818
Depreciation
-€15,415
Other operating charges
-€11,347
Other operating items
+€9,402
Financial income
-€7,410
Financial charges
+€1.0m
Taxes
-€292,639
Result 2025
€2.0m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
+€5.5m
Investment
-€99,570
Financing
-€5.5m
Cash 2024
€622,282
From operations (derived)
+€5.5m
Net result for the year
+€2.0m
Depreciation
+€58,095
Receivables within one year
+€649,603
Smaller working-capital items
-€1,112
Trade debts
+€24,238
Tax, wage and social debts
-€49,375
Other debts
+€2.8m
Investment (derived)
-€99,570
Investment in fixed assets (net)
-€99,570
Financing
-€5.5m
Current portion of long-term debt
-€1.8m
Contributions, distributions and other
-€3.7m
Cash 2025
€541,114
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,554,776 | €9,866,556 | -€688,220 | -6.5% |
| Fixed assets | 21/28 | €7,389,016 | €7,430,491 | +€41,475 | +0.6% |
| Tangible fixed assets | 22/27 | €130,591 | €172,066 | +€41,475 | +31.8% |
| Furniture and vehicles | 24 | €130,591 | €172,066 | +€41,475 | +31.8% |
| Financial fixed assets | 28 | €7,258,425 | €7,258,425 | = | 0.0% |
| Affiliated companies | 280/1 | €7,258,375 | €7,258,375 | = | 0.0% |
| Participating interests | 280 | €7,258,375 | €7,258,375 | = | 0.0% |
| Other financial fixed assets | 284/8 | €50 | €50 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €3,165,760 | €2,436,065 | -€729,695 | -23.0% |
| Amounts receivable within one year | 40/41 | €2,542,730 | €1,893,127 | -€649,603 | -25.5% |
| Trade receivables | 40 | €826,080 | €1,636,526 | +€810,446 | +98.1% |
| Other amounts receivable | 41 | €1,716,650 | €256,602 | -€1.5m | -85.1% |
| Cash at bank and in hand | 54/58 | €622,282 | €541,114 | -€81,168 | -13.0% |
| Deferred charges and accrued income | 490/1 | €749 | €1,824 | +€1,076 | +144% |
| Total equity and liabilities | 10/49 | €10,554,776 | €9,866,556 | -€688,220 | -6.5% |
| Equity | 10/15 | €5,013,090 | €3,300,790 | -€1.7m | -34.2% |
| Contributions | 10/11 | €3,000,000 | €3,000,000 | = | 0.0% |
| Capital | 10 | €3,000,000 | €3,000,000 | = | 0.0% |
| Issued capital | 100 | €3,000,000 | €3,000,000 | = | 0.0% |
| Reserves | 13 | €300,000 | €300,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300,000 | €300,000 | = | 0.0% |
| Legal reserve | 130 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,713,090 | €790 | -€1.7m | -100.0% |
| Amounts payable | 17/49 | €5,541,686 | €6,565,766 | +€1.0m | +18.5% |
| Amounts payable after more than one year | 17 | €1,900,000 | €1,900,000 | = | 0.0% |
| Financial debts | 170/4 | €1,900,000 | €1,900,000 | = | 0.0% |
| Other loans | 174 | €1,900,000 | €1,900,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,539,322 | €4,563,438 | +€1.0m | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €1,750,000 | - | -€1.8m | |
| Trade debts | 44 | €395,242 | €419,481 | +€24,238 | +6.1% |
| Suppliers | 440/4 | €395,242 | €419,481 | +€24,238 | +6.1% |
| Taxes, remuneration and social security | 45 | €390,445 | €341,070 | -€49,375 | -12.6% |
| Taxes | 450/3 | €221,394 | €242,868 | +€21,474 | +9.7% |
| Remuneration and social security | 454/9 | €169,050 | €98,201 | -€70,849 | -41.9% |
| Other amounts payable | 47/48 | €1,003,634 | €3,802,887 | +€2.8m | +279% |
| Accrued charges and deferred income | 492/3 | €102,364 | €102,328 | -€36 | 0.0% |
| Operating income | 70/76A | €5,990,967 | €9,935,325 | +€3.9m | +65.8% |
| Turnover | 70 | €5,946,243 | €9,857,848 | +€3.9m | +65.8% |
| Other operating income | 74 | €44,724 | €68,076 | +€23,351 | +52.2% |
| Non-recurring operating income | 76A | - | €9,402 | +€9,402 | |
| Operating charges | 60/66A | €4,473,049 | €7,162,038 | +€2.7m | +60.1% |
| Goods for resale, raw materials and consumables | 60 | €2,216,013 | €5,350,841 | +€3.1m | +141% |
| Purchases | 600/8 | €2,216,013 | €5,350,841 | +€3.1m | +141% |
| Services and other goods | 61 | €915,032 | €640,251 | -€274,781 | -30.0% |
| Remuneration, social security and pensions | 62 | €1,294,646 | €1,096,827 | -€197,818 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,680 | €58,095 | +€15,415 | +36.1% |
| Other operating charges | 640/8 | €4,678 | €16,024 | +€11,347 | +243% |
| Operating profit (loss) | 9901 | €1,517,918 | €2,773,287 | +€1.3m | +82.7% |
| Financial income | 75/76B | €9,159 | €1,748 | -€7,410 | -80.9% |
| Recurring financial income | 75 | €0 | €1,242 | +€1,241 | +12,414,900% |
| Other financial income | 752/9 | €0 | €1,242 | +€1,241 | +12,414,900% |
| Non-recurring financial income | 76B | €9,159 | €507 | -€8,652 | -94.5% |
| Financial charges | 65/66B | €1,118,045 | €97,699 | -€1.0m | -91.3% |
| Recurring financial charges | 65 | €120,400 | €97,699 | -€22,701 | -18.9% |
| Debt charges | 650 | €120,400 | €96,642 | -€23,758 | -19.7% |
| Other financial charges | 652/9 | - | €1,057 | +€1,057 | |
| Non-recurring financial charges | 66B | €997,645 | - | -€997,645 | |
| Profit (loss) for the period before taxes | 9903 | €409,032 | €2,677,336 | +€2.3m | +555% |
| Income taxes | 67/77 | €396,998 | €689,637 | +€292,639 | +73.7% |
| Taxes | 670/3 | €396,998 | €689,637 | +€292,639 | +73.7% |
| Profit (loss) for the period | 9904 | €12,034 | €1,987,700 | +€2.0m | +16,417% |
| Profit (loss) for the period to be appropriated | 9905 | €12,034 | €1,987,700 | +€2.0m | +16,417% |
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 23 October 2026 via checked.be.