LAAKDAL 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.
LAAKDAL LOGISTICS
Largest movements
- Receivables within one year -€152,465
down €152,465 (-22.8%), from €669,207 to €516,742
of which Other amounts receivable: -€94,859
- Trade debts -€406,724
down €406,724 (-33.9%), from €1.2m to €792,379
- Reserves +€241,477
up €241,477 (+39.1%), from €616,902 to €858,378
of which Distributable reserves: +€241,477
- Staff costs -€115,203
down €115,203 (-24.5%), from €469,654 to €354,451
- Taxes +€49,367
up €49,367 (+145%), from €33,999 to €83,366
- Gross operating margin +€41,231
up €41,231 (+6.2%), from €664,358 to €705,588
- Other operating charges +€8,962
up €8,962 (+153%), from €5,839 to €14,801
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 | €1,899,467 | €1,744,159 | -€155,308 | -8.2% |
| Fixed assets | 21/28 | €26,394 | €21,600 | -€4,793 | -18.2% |
| Tangible fixed assets | 22/27 | €26,394 | €21,600 | -€4,793 | -18.2% |
| Plant, machinery and equipment | 23 | €12,514 | €10,442 | -€2,072 | -16.6% |
| Furniture and vehicles | 24 | €478 | €347 | -€132 | -27.5% |
| Other tangible fixed assets | 26 | €13,401 | €10,812 | -€2,589 | -19.3% |
| Current assets | 29/58 | €1,873,073 | €1,722,558 | -€150,515 | -8.0% |
| Amounts receivable within one year | 40/41 | €669,207 | €516,742 | -€152,465 | -22.8% |
| Trade receivables | 40 | €539,812 | €482,206 | -€57,606 | -10.7% |
| Other amounts receivable | 41 | €129,394 | €34,536 | -€94,859 | -73.3% |
| Cash at bank and in hand | 54/58 | €1,149,717 | €1,150,223 | +€506 | 0.0% |
| Deferred charges and accrued income | 490/1 | €54,149 | €55,594 | +€1,445 | +2.7% |
| Total equity and liabilities | 10/49 | €1,899,467 | €1,744,159 | -€155,308 | -8.2% |
| Equity | 10/15 | €637,152 | €878,628 | +€241,477 | +37.9% |
| Contributions | 10/11 | €20,250 | €20,250 | = | 0.0% |
| Reserves | 13 | €616,902 | €858,378 | +€241,477 | +39.1% |
| Non-distributable reserves | 130/1 | €2,025 | €2,025 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,025 | €2,025 | = | 0.0% |
| Distributable reserves | 133 | €614,877 | €856,353 | +€241,477 | +39.3% |
| Amounts payable | 17/49 | €1,262,315 | €865,530 | -€396,785 | -31.4% |
| Amounts payable within one year | 42/48 | €1,245,502 | €834,948 | -€410,554 | -33.0% |
| Trade debts | 44 | €1,199,103 | €792,379 | -€406,724 | -33.9% |
| Suppliers | 440/4 | €1,199,103 | €792,379 | -€406,724 | -33.9% |
| Taxes, remuneration and social security | 45 | €46,399 | €42,569 | -€3,830 | -8.3% |
| Taxes | 450/3 | €2,122 | €8,366 | +€6,244 | +294% |
| Remuneration and social security | 454/9 | €44,277 | €34,203 | -€10,074 | -22.8% |
| Accrued charges and deferred income | 492/3 | €16,813 | €30,582 | +€13,770 | +81.9% |
| Non-recurring operating income | 76A | €70,886 | €737 | -€70,150 | -99.0% |
| Remuneration, social security and pensions | 62 | €469,654 | €354,451 | -€115,203 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,030 | €6,821 | -€3,209 | -32.0% |
| Other operating charges | 640/8 | €5,839 | €14,801 | +€8,962 | +153% |
| Non-recurring operating charges | 66A | €51,614 | €4,034 | -€47,580 | -92.2% |
| Gross operating margin | 9900 | €664,358 | €705,588 | +€41,231 | +6.2% |
| Operating profit (loss) | 9901 | €127,221 | €325,480 | +€198,260 | +156% |
| Financial income | 75/76B | €106 | €0 | -€106 | -100.0% |
| Recurring financial income | 75 | €106 | €0 | -€106 | -100.0% |
| Financial charges | 65/66B | €781 | €638 | -€143 | -18.4% |
| Recurring financial charges | 65 | €781 | €638 | -€143 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €126,546 | €324,843 | +€198,297 | +157% |
| Income taxes | 67/77 | €33,999 | €83,366 | +€49,367 | +145% |
| Profit (loss) for the period | 9904 | €92,547 | €241,477 | +€148,929 | +161% |
| Profit (loss) for the period to be appropriated | 9905 | €92,547 | €241,477 | +€148,929 | +161% |
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 20 October 2026 via checked.be.