K PUURS 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
K PUURS LOGISTICS
NACE 52.100, Warehousing and storage
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€286,303
2024 · €197,300+€89,002
Equity
€6.7m
2024 · €6.5m+€271,750
Cash
€205,609
2024 · €577,140-€371,531
Balance sheet total
€8.0m
2024 · €6.6m+€1.4m
Largest movements
Assets
- Financial fixed assets +€2.1m
up €2.1m (+65.2%), from €3.3m to €5.4m
of which Other financial fixed assets: +€2.1m
- Cash -€371,531
down €371,531 (-64.4%), from €577,140 to €205,609
mainly Investment in fixed assets (net) (-€2.2m) and Deferred charges and accrued income (-€27,143)
- Tangible fixed assets -€165,403
down €165,403 (-9.6%), from €1.7m to €1.6m
of which Land and buildings: -€178,164
- Receivables within one year -€124,887
down €124,887 (-13.4%), from €933,621 to €808,734
of which Other amounts receivable: -€258,679
Equity and liabilities
- Debts after one year +€1.1m
new in 2025: €1.1m
- Profit (loss) carried forward +€286,303
up €286,303 (+5.2%), from €5.5m to €5.8m
Income statement
- Turnover +€170,349
up €170,349 (+13.9%), from €1.2m to €1.4m
- Services and other goods +€55,240
up €55,240 (+19.5%), from €283,987 to €339,227
- Taxes +€32,413
up €32,413 (+54.4%), from €59,621 to €92,033
of which Taxes: +€54,635
- Goods and materials -€27,853
down €27,853 (-36.6%), from €76,016 to €48,163
- Financial charges +€23,607
up €23,607 (+358%), from €6,589 to €30,195
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
€197,300
Turnover
+€170,349
Other operating income
+€2,858
Goods and materials
+€27,853
Services and other goods
-€55,240
Staff costs
-€9,241
Depreciation
+€10,031
Other operating charges
-€15,126
Other operating items
+€636
Financial income
+€12,900
Financial charges
-€23,607
Taxes
-€32,413
Result 2025
€286,303
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
+€720,685
Investment
-€2.2m
Financing
+€1.1m
Cash 2024
€577,140
From operations (derived)
+€720,685
Net result for the year
+€286,303
Depreciation
+€229,574
Receivables after one year
+€73,521
Receivables within one year
+€124,887
Deferred charges and accrued income
-€27,143
Trade debts
+€45,318
Tax, wage and social debts
-€11,776
Investment (derived)
-€2.2m
Investment in fixed assets (net)
-€2.2m
Financing
+€1.1m
Debts after one year
+€1.1m
Contributions, distributions and other
-€14,552
Cash 2025
€205,609
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,579,515 | €8,004,809 | +€1.4m | +21.7% |
| Fixed assets | 21/28 | €4,995,233 | €6,963,323 | +€2.0m | +39.4% |
| Tangible fixed assets | 22/27 | €1,722,220 | €1,556,817 | -€165,403 | -9.6% |
| Land and buildings | 22 | €1,415,471 | €1,237,307 | -€178,164 | -12.6% |
| Plant, machinery and equipment | 23 | €288,655 | €307,809 | +€19,154 | +6.6% |
| Furniture and vehicles | 24 | €18,094 | €11,701 | -€6,393 | -35.3% |
| Financial fixed assets | 28 | €3,273,013 | €5,406,506 | +€2.1m | +65.2% |
| Affiliated companies | 280/1 | €299,550 | €299,550 | = | 0.0% |
| Participating interests | 280 | €199,550 | €199,550 | = | 0.0% |
| Amounts receivable | 281 | €100,000 | €100,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,973,463 | €5,106,956 | +€2.1m | +71.8% |
| Shares | 284 | €2,972,638 | €5,106,132 | +€2.1m | +71.8% |
| Amounts receivable and cash guarantees | 285/8 | €825 | €825 | = | 0.0% |
| Current assets | 29/58 | €1,584,283 | €1,041,486 | -€542,797 | -34.3% |
| Amounts receivable after more than one year | 29 | €73,521 | - | -€73,521 | |
| Other amounts receivable | 291 | €73,521 | - | -€73,521 | |
| Amounts receivable within one year | 40/41 | €933,621 | €808,734 | -€124,887 | -13.4% |
| Trade receivables | 40 | €89,881 | €223,673 | +€133,792 | +149% |
| Other amounts receivable | 41 | €843,740 | €585,061 | -€258,679 | -30.7% |
| Cash at bank and in hand | 54/58 | €577,140 | €205,609 | -€371,531 | -64.4% |
| Deferred charges and accrued income | 490/1 | - | €27,143 | +€27,143 | |
| Total equity and liabilities | 10/49 | €6,579,515 | €8,004,809 | +€1.4m | +21.7% |
| Equity | 10/15 | €6,472,279 | €6,744,029 | +€271,750 | +4.2% |
| Contributions | 10/11 | €862,500 | €862,500 | = | 0.0% |
| Capital | 10 | €862,500 | €862,500 | = | 0.0% |
| Issued capital | 100 | €862,500 | €862,500 | = | 0.0% |
| Reserves | 13 | €86,250 | €86,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €86,250 | €86,250 | = | 0.0% |
| Legal reserve | 130 | €86,250 | €86,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,508,976 | €5,795,279 | +€286,303 | +5.2% |
| Investment grants | 15 | €14,552 | €0 | -€14,552 | -100% |
| Amounts payable | 17/49 | €107,237 | €1,260,780 | +€1.2m | +1,076% |
| Amounts payable after more than one year | 17 | - | €1,120,000 | +€1.1m | |
| Other amounts payable | 178/9 | - | €1,120,000 | +€1.1m | |
| Amounts payable within one year | 42/48 | €107,237 | €140,780 | +€33,543 | +31.3% |
| Trade debts | 44 | €32,809 | €78,128 | +€45,318 | +138% |
| Suppliers | 440/4 | €32,809 | €78,128 | +€45,318 | +138% |
| Taxes, remuneration and social security | 45 | €74,427 | €62,652 | -€11,776 | -15.8% |
| Taxes | 450/3 | €30,674 | €18,366 | -€12,308 | -40.1% |
| Remuneration and social security | 454/9 | €43,753 | €44,286 | +€533 | +1.2% |
| Operating income | 70/76A | €1,265,978 | €1,439,186 | +€173,208 | +13.7% |
| Turnover | 70 | €1,228,609 | €1,398,958 | +€170,349 | +13.9% |
| Other operating income | 74 | €37,369 | €40,228 | +€2,858 | +7.6% |
| Operating charges | 60/66A | €1,120,059 | €1,161,146 | +€41,086 | +3.7% |
| Goods for resale, raw materials and consumables | 60 | €76,016 | €48,163 | -€27,853 | -36.6% |
| Purchases | 600/8 | €76,016 | €48,163 | -€27,853 | -36.6% |
| Services and other goods | 61 | €283,987 | €339,227 | +€55,240 | +19.5% |
| Remuneration, social security and pensions | 62 | €444,683 | €453,924 | +€9,241 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €239,605 | €229,574 | -€10,031 | -4.2% |
| Other operating charges | 640/8 | €70,222 | €85,348 | +€15,126 | +21.5% |
| Non-recurring operating charges | 66A | €5,546 | €4,910 | -€636 | -11.5% |
| Operating profit (loss) | 9901 | €145,919 | €278,040 | +€132,122 | +90.5% |
| Financial income | 75/76B | €117,591 | €130,491 | +€12,900 | +11.0% |
| Recurring financial income | 75 | €117,591 | €130,491 | +€12,900 | +11.0% |
| Income from financial fixed assets | 750 | - | €75,780 | +€75,780 | |
| Income from current assets | 751 | €101,101 | €40,159 | -€60,943 | -60.3% |
| Other financial income | 752/9 | €16,490 | €14,552 | -€1,937 | -11.7% |
| Financial charges | 65/66B | €6,589 | €30,195 | +€23,607 | +358% |
| Recurring financial charges | 65 | €6,589 | €30,195 | +€23,607 | +358% |
| Debt charges | 650 | €177 | €23,857 | +€23,680 | +13,357% |
| Other financial charges | 652/9 | €6,411 | €6,338 | -€73 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €256,921 | €378,336 | +€121,415 | +47.3% |
| Income taxes | 67/77 | €59,621 | €92,033 | +€32,413 | +54.4% |
| Taxes | 670/3 | €59,666 | €114,301 | +€54,635 | +91.6% |
| Tax adjustments and reversals of tax provisions | 77 | €46 | €22,268 | +€22,222 | +48,732% |
| Profit (loss) for the period | 9904 | €197,300 | €286,303 | +€89,002 | +45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €197,300 | €286,303 | +€89,002 | +45.1% |
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.