JV 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.
JV LOGISTICS
Largest movements
- Receivables within one year +€15,088
up €15,088 (+38.1%), from €39,583 to €54,671
of which Other amounts receivable: +€19,397
- Cash -€4,583
down €4,583 (-78.7%), from €5,823 to €1,240
mainly Receivables within one year (-€15,088) and Debts after one year (-€4,404)
- Tangible fixed assets -€2,976
down €2,976 (-19.3%), from €15,449 to €12,474
of which Leasing and similar rights: -€3,491
- Reserves +€9,413
up €9,413 (+30.2%), from €31,215 to €40,628
- Debts after one year -€4,404
down €4,404 (-47.4%), from €9,292 to €4,888
- Accrued charges and deferred income +€1,126
new in 2022: €1,126
- Tax, wage and social debts +€1,096
up €1,096 (+12.4%), from €8,859 to €9,955
- Gross operating margin -€15,613
down €15,613 (-44.8%), from €34,842 to €19,229
- Taxes -€1,864
down €1,864 (-31.5%), from €5,910 to €4,046
- Depreciation +€545
up €545 (+15.1%), from €3,619 to €4,164
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,855 | €68,450 | +€7,595 | +12.5% |
| Fixed assets | 21/28 | €15,449 | €12,474 | -€2,976 | -19.3% |
| Tangible fixed assets | 22/27 | €15,449 | €12,474 | -€2,976 | -19.3% |
| Plant, machinery and equipment | 23 | €1,109 | €1,624 | +€515 | +46.5% |
| Leasing and similar rights | 25 | €14,341 | €10,850 | -€3,491 | -24.3% |
| Current assets | 29/58 | €45,406 | €55,976 | +€10,570 | +23.3% |
| Amounts receivable within one year | 40/41 | €39,583 | €54,671 | +€15,088 | +38.1% |
| Trade receivables | 40 | €6,302 | €1,993 | -€4,309 | -68.4% |
| Other amounts receivable | 41 | €33,281 | €52,678 | +€19,397 | +58.3% |
| Cash at bank and in hand | 54/58 | €5,823 | €1,240 | -€4,583 | -78.7% |
| Deferred charges and accrued income | 490/1 | - | €65 | +€65 | |
| Total equity and liabilities | 10/49 | €60,855 | €68,450 | +€7,595 | +12.5% |
| Equity | 10/15 | €32,215 | €41,628 | +€9,413 | +29.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €31,215 | €40,628 | +€9,413 | +30.2% |
| Distributable reserves | 133 | €31,215 | €40,628 | +€9,413 | +30.2% |
| Amounts payable | 17/49 | €28,640 | €26,821 | -€1,819 | -6.3% |
| Amounts payable after more than one year | 17 | €9,292 | €4,888 | -€4,404 | -47.4% |
| Financial debts | 170/4 | €9,292 | €4,888 | -€4,404 | -47.4% |
| Amounts payable within one year | 42/48 | €19,348 | €20,808 | +€1,460 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €4,304 | €4,404 | +€101 | +2.3% |
| Trade debts | 44 | €6,185 | €6,448 | +€263 | +4.3% |
| Suppliers | 440/4 | €6,185 | €6,448 | +€263 | +4.3% |
| Taxes, remuneration and social security | 45 | €8,859 | €9,955 | +€1,096 | +12.4% |
| Taxes | 450/3 | €8,859 | €9,955 | +€1,096 | +12.4% |
| Accrued charges and deferred income | 492/3 | - | €1,126 | +€1,126 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,619 | €4,164 | +€545 | +15.1% |
| Other operating charges | 640/8 | €229 | €387 | +€158 | +69.3% |
| Gross operating margin | 9900 | €34,842 | €19,229 | -€15,613 | -44.8% |
| Operating profit (loss) | 9901 | €30,994 | €14,678 | -€16,316 | -52.6% |
| Financial charges | 65/66B | €944 | €1,219 | +€275 | +29.2% |
| Recurring financial charges | 65 | €944 | €1,219 | +€275 | +29.2% |
| Profit (loss) for the period before taxes | 9903 | €30,050 | €13,459 | -€16,592 | -55.2% |
| Income taxes | 67/77 | €5,910 | €4,046 | -€1,864 | -31.5% |
| Profit (loss) for the period | 9904 | €24,141 | €9,413 | -€14,727 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,141 | €9,413 | -€14,727 | -61.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.