JS 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.
JS Logistique
Largest movements
- Tangible fixed assets -€347,947
down €347,947 (-10.2%), from €3.4m to €3.1m
of which Land and buildings: -€340,366
- Debts after one year -€509,427
down €509,427 (-27.9%), from €1.8m to €1.3m
of which Financial debts: -€509,822
- Profit (loss) carried forward +€164,081
up €164,081 (+34.8%), from €471,492 to €635,573
- Trade debts +€42,579
up €42,579 (+37.2%), from €114,486 to €157,065
- Investment grants -€38,028
down €38,028 (-9.9%), from €384,383 to €346,355
- Gross operating margin +€67,063
up €67,063 (+11.6%), from €578,718 to €645,782
- Financial charges -€50,358
down €50,358 (-47.0%), from €107,055 to €56,697
- Taxes +€32,253
up €32,253 (+190%), from €16,964 to €49,217
- Depreciation -€12,512
down €12,512 (-3.5%), from €360,459 to €347,947
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,499,657 | €3,171,900 | -€327,757 | -9.4% |
| Fixed assets | 21/28 | €3,420,513 | €3,072,567 | -€347,947 | -10.2% |
| Tangible fixed assets | 22/27 | €3,420,057 | €3,072,110 | -€347,947 | -10.2% |
| Land and buildings | 22 | €3,412,476 | €3,072,110 | -€340,366 | -10.0% |
| Furniture and vehicles | 24 | €7,580 | - | -€7,580 | |
| Financial fixed assets | 28 | €457 | €457 | = | 0.0% |
| Current assets | 29/58 | €79,143 | €99,333 | +€20,189 | +25.5% |
| Amounts receivable within one year | 40/41 | €72,174 | €87,159 | +€14,985 | +20.8% |
| Trade receivables | 40 | €72,174 | €87,159 | +€14,985 | +20.8% |
| Cash at bank and in hand | 54/58 | €5,447 | €10,704 | +€5,257 | +96.5% |
| Deferred charges and accrued income | 490/1 | €1,522 | €1,469 | -€53 | -3.5% |
| Total equity and liabilities | 10/49 | €3,499,657 | €3,171,900 | -€327,757 | -9.4% |
| Equity | 10/15 | €1,020,875 | €1,146,928 | +€126,053 | +12.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €471,492 | €635,573 | +€164,081 | +34.8% |
| Investment grants | 15 | €384,383 | €346,355 | -€38,028 | -9.9% |
| Amounts payable | 17/49 | €2,478,782 | €2,024,972 | -€453,810 | -18.3% |
| Amounts payable after more than one year | 17 | €1,827,737 | €1,318,309 | -€509,427 | -27.9% |
| Financial debts | 170/4 | €1,669,839 | €1,160,017 | -€509,822 | -30.5% |
| Other amounts payable | 178/9 | €157,897 | €158,292 | +€395 | +0.3% |
| Amounts payable within one year | 42/48 | €651,045 | €706,663 | +€55,617 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €485,800 | €485,800 | = | 0.0% |
| Trade debts | 44 | €114,486 | €157,065 | +€42,579 | +37.2% |
| Suppliers | 440/4 | €114,486 | €157,065 | +€42,579 | +37.2% |
| Taxes, remuneration and social security | 45 | €46,282 | €63,798 | +€17,516 | +37.8% |
| Taxes | 450/3 | €40,782 | €56,298 | +€15,516 | +38.0% |
| Remuneration and social security | 454/9 | €5,500 | €7,500 | +€2,000 | +36.4% |
| Other amounts payable | 47/48 | €4,477 | - | -€4,477 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €360,459 | €347,947 | -€12,512 | -3.5% |
| Other operating charges | 640/8 | €63,860 | €65,869 | +€2,009 | +3.1% |
| Gross operating margin | 9900 | €578,718 | €645,782 | +€67,063 | +11.6% |
| Operating profit (loss) | 9901 | €154,400 | €231,966 | +€77,567 | +50.2% |
| Financial income | 75/76B | €38,028 | €38,028 | = | 0.0% |
| Recurring financial income | 75 | €38,028 | €38,028 | = | 0.0% |
| Financial charges | 65/66B | €107,055 | €56,697 | -€50,358 | -47.0% |
| Recurring financial charges | 65 | €107,055 | €56,697 | -€50,358 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €85,373 | €213,297 | +€127,925 | +150% |
| Income taxes | 67/77 | €16,964 | €49,217 | +€32,253 | +190% |
| Profit (loss) for the period | 9904 | €68,409 | €164,081 | +€95,672 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €68,409 | €164,081 | +€95,672 | +140% |
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 13 October 2026 via checked.be.