KD 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.
KD LOGISTICS
Largest movements
- Current investments -€95,385
down €95,385 (-32.5%), from €293,777 to €198,392
- Cash -€11,475
down €11,475 (-10.4%), from €109,841 to €98,366
mainly Contributions, distributions and other (-€160,557) and Other debts (-€58,211)
- Other debts -€58,211
down €58,211 (-25.9%), from €225,085 to €166,875
- Reserves -€54,847
down €54,847 (-30.7%), from €178,483 to €123,636
- Tax, wage and social debts +€4,493
up €4,493 (+52.3%), from €8,583 to €13,076
- Gross operating margin -€15,426
down €15,426 (-10.3%), from €149,138 to €133,712
- Financial income +€5,041
up €5,041 (+63.3%), from €7,967 to €13,008
- Financial charges +€3,912
up €3,912 (+1,117%), from €350 to €4,263
- Taxes +€1,495
up €1,495 (+4.4%), from €33,611 to €35,105
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 | €437,415 | €328,756 | -€108,659 | -24.8% |
| Fixed assets | 21/28 | €3,407 | €2,538 | -€869 | -25.5% |
| Tangible fixed assets | 22/27 | €3,407 | €2,538 | -€869 | -25.5% |
| Plant, machinery and equipment | 23 | €434 | €0 | -€434 | -100% |
| Furniture and vehicles | 24 | €2,973 | €2,538 | -€435 | -14.6% |
| Current assets | 29/58 | €434,008 | €326,218 | -€107,790 | -24.8% |
| Amounts receivable within one year | 40/41 | €28,544 | €28,012 | -€532 | -1.9% |
| Trade receivables | 40 | €28,544 | €25,012 | -€3,532 | -12.4% |
| Other amounts receivable | 41 | - | €3,000 | +€3,000 | |
| Current investments | 50/53 | €293,777 | €198,392 | -€95,385 | -32.5% |
| Cash at bank and in hand | 54/58 | €109,841 | €98,366 | -€11,475 | -10.4% |
| Deferred charges and accrued income | 490/1 | €1,846 | €1,446 | -€399 | -21.6% |
| Total equity and liabilities | 10/49 | €437,415 | €328,756 | -€108,659 | -24.8% |
| Equity | 10/15 | €197,083 | €142,236 | -€54,847 | -27.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €178,483 | €123,636 | -€54,847 | -30.7% |
| Distributable reserves | 133 | €178,483 | €123,636 | -€54,847 | -30.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €240,332 | €186,520 | -€53,812 | -22.4% |
| Amounts payable within one year | 42/48 | €240,332 | €186,520 | -€53,812 | -22.4% |
| Financial debts | 43 | €0 | €6 | +€6 | |
| Credit institutions | 430/8 | €0 | €6 | +€6 | |
| Trade debts | 44 | €6,664 | €6,564 | -€100 | -1.5% |
| Suppliers | 440/4 | €6,664 | €6,564 | -€100 | -1.5% |
| Taxes, remuneration and social security | 45 | €8,583 | €13,076 | +€4,493 | +52.3% |
| Taxes | 450/3 | €8,583 | €13,076 | +€4,493 | +52.3% |
| Other amounts payable | 47/48 | €225,085 | €166,875 | -€58,211 | -25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,345 | €869 | -€477 | -35.4% |
| Other operating charges | 640/8 | €759 | €773 | +€14 | +1.9% |
| Gross operating margin | 9900 | €149,138 | €133,712 | -€15,426 | -10.3% |
| Operating profit (loss) | 9901 | €147,034 | €132,070 | -€14,964 | -10.2% |
| Financial income | 75/76B | €7,967 | €13,008 | +€5,041 | +63.3% |
| Recurring financial income | 75 | €7,967 | €13,008 | +€5,041 | +63.3% |
| Financial charges | 65/66B | €350 | €4,263 | +€3,912 | +1,117% |
| Recurring financial charges | 65 | €350 | €4,263 | +€3,912 | +1,117% |
| Profit (loss) for the period before taxes | 9903 | €154,650 | €140,815 | -€13,835 | -8.9% |
| Income taxes | 67/77 | €33,611 | €35,105 | +€1,495 | +4.4% |
| Profit (loss) for the period | 9904 | €121,040 | €105,710 | -€15,330 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €121,040 | €105,710 | -€15,330 | -12.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.