LL Logistics: what changed
Two fiscal 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.
LL Logistics
Largest movements
- Tangible fixed assets +€70,826
up €70,826 (+8.9%), from €792,239 to €863,064
- Cash -€55,036
down €55,036 (-69.0%), from €79,773 to €24,737
mainly Investment in fixed assets (net) (-€95,679) and Contributions, distributions and other (-€50,000)
- Receivables within one year -€23,725
down €23,725 (-68.2%), from €34,802 to €11,077
of which Other amounts receivable: -€21,170
- Other debts +€47,598
up €47,598 (+1981.9%), from €2,402 to €50,000
- Debts after one year -€39,418
down €39,418 (-6.1%), from €645,252 to €605,834
- Reserves -€9,956
down €9,956 (-4.6%), from €215,374 to €205,418
- Gross operating margin +€48,514
up €48,514 (+84.2%), from €57,598 to €106,112
- Depreciation +€9,598
up €9,598 (+62.9%), from €15,255 to €24,853
- Taxes +€7,279
up €7,279 (+91.6%), from €7,949 to €15,228
- Financial charges +€7,036
up €7,036 (+40.0%), from €17,573 to €24,609
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.
Cash bridge derived
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 | €907,677 | €905,776 | -€1,901 | -0.2% |
| Fixed assets | 21/28 | €792,239 | €863,064 | +€70,826 | +8.9% |
| Tangible fixed assets | 22/27 | €792,239 | €863,064 | +€70,826 | +8.9% |
| Land and buildings | 22 | €792,239 | €863,064 | +€70,826 | +8.9% |
| Current assets | 29/58 | €115,438 | €42,711 | -€72,727 | -63.0% |
| Amounts receivable within one year | 40/41 | €34,802 | €11,077 | -€23,725 | -68.2% |
| Trade receivables | 40 | €9,468 | €6,913 | -€2,555 | -27.0% |
| Other amounts receivable | 41 | €25,334 | €4,163 | -€21,170 | -83.6% |
| Cash at bank and in hand | 54/58 | €79,773 | €24,737 | -€55,036 | -69.0% |
| Deferred charges and accrued income | 490/1 | €863 | €6,898 | +€6,035 | +699.3% |
| Total equity and liabilities | 10/49 | €907,677 | €905,776 | -€1,901 | -0.2% |
| Equity | 10/15 | €218,374 | €208,418 | -€9,956 | -4.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €215,374 | €205,418 | -€9,956 | -4.6% |
| Distributable reserves | 133 | €215,374 | €205,418 | -€9,956 | -4.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €689,303 | €697,357 | +€8,054 | +1.2% |
| Amounts payable after more than one year | 17 | €645,252 | €605,834 | -€39,418 | -6.1% |
| Financial debts | 170/4 | €645,252 | €605,834 | -€39,418 | -6.1% |
| Amounts payable within one year | 42/48 | €44,050 | €91,523 | +€47,472 | +107.8% |
| Current portion of amounts payable after more than one year | 42 | €36,263 | €39,418 | +€3,155 | +8.7% |
| Trade debts | 44 | €1,247 | €1,877 | +€630 | +50.5% |
| Suppliers | 440/4 | €1,247 | €1,877 | +€630 | +50.5% |
| Taxes, remuneration and social security | 45 | €4,139 | €228 | -€3,911 | -94.5% |
| Taxes | 450/3 | €4,139 | €228 | -€3,911 | -94.5% |
| Other amounts payable | 47/48 | €2,402 | €50,000 | +€47,598 | +1981.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,255 | €24,853 | +€9,598 | +62.9% |
| Other operating charges | 640/8 | €1,427 | €1,382 | -€45 | -3.1% |
| Gross operating margin | 9900 | €57,598 | €106,112 | +€48,514 | +84.2% |
| Operating profit (loss) | 9901 | €40,916 | €79,876 | +€38,960 | +95.2% |
| Financial income | 75/76B | €0 | €6 | +€5 | +54900.0% |
| Recurring financial income | 75 | €0 | €6 | +€5 | +54900.0% |
| Financial charges | 65/66B | €17,573 | €24,609 | +€7,036 | +40.0% |
| Recurring financial charges | 65 | €17,573 | €24,609 | +€7,036 | +40.0% |
| Profit (loss) for the period before taxes | 9903 | €23,342 | €55,272 | +€31,930 | +136.8% |
| Income taxes | 67/77 | €7,949 | €15,228 | +€7,279 | +91.6% |
| Profit (loss) for the period | 9904 | €15,393 | €40,044 | +€24,651 | +160.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,393 | €40,044 | +€24,651 | +160.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.