LOGISTEAM: 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.
LOGISTEAM
Largest movements
- Receivables within one year +€63,390
up €63,390 (+249.1%), from €25,443 to €88,833
of which Trade receivables: +€61,938
- Tangible fixed assets -€40,716
down €40,716 (-5.2%), from €776,085 to €735,369
of which Land and buildings: -€67,929
- Cash -€22,075
down €22,075 (-28.0%), from €78,817 to €56,742
mainly Other debts (-€97,735) and Receivables within one year (-€63,390)
- Other debts -€97,735
down €97,735 (-54.5%), from €179,446 to €81,711
- Profit (loss) carried forward +€87,206
up €87,206 (+72.7%), from -€120,022 to -€32,815
- Trade debts +€28,351
up €28,351 (+222.1%), from €12,763 to €41,114
- Tax, wage and social debts -€26,440
down €26,440 (-36.2%), from €73,097 to €46,657
of which Remuneration and social security: -€15,271
- Debts after one year +€12,143
up €12,143 (+77.6%), from €15,643 to €27,787
- Gross operating margin +€40,189
up €40,189 (+8.5%), from €471,586 to €511,775
- Staff costs -€23,785
down €23,785 (-7.2%), from €331,317 to €307,533
- Other operating charges +€6,121
up €6,121 (+26.9%), from €22,765 to €28,886
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 | €900,547 | €904,208 | +€3,662 | +0.4% |
| Fixed assets | 21/28 | €784,223 | €743,507 | -€40,716 | -5.2% |
| Tangible fixed assets | 22/27 | €776,085 | €735,369 | -€40,716 | -5.2% |
| Land and buildings | 22 | €691,050 | €623,120 | -€67,929 | -9.8% |
| Plant, machinery and equipment | 23 | €78,507 | €65,678 | -€12,829 | -16.3% |
| Furniture and vehicles | 24 | €6,529 | €46,571 | +€40,042 | +613.3% |
| Financial fixed assets | 28 | €8,138 | €8,138 | = | 0.0% |
| Current assets | 29/58 | €116,323 | €160,701 | +€44,378 | +38.2% |
| Amounts receivable within one year | 40/41 | €25,443 | €88,833 | +€63,390 | +249.1% |
| Trade receivables | 40 | €25,105 | €87,043 | +€61,938 | +246.7% |
| Other amounts receivable | 41 | €338 | €1,790 | +€1,452 | +429.6% |
| Cash at bank and in hand | 54/58 | €78,817 | €56,742 | -€22,075 | -28.0% |
| Deferred charges and accrued income | 490/1 | €12,063 | €15,127 | +€3,064 | +25.4% |
| Total equity and liabilities | 10/49 | €900,547 | €904,208 | +€3,662 | +0.4% |
| Equity | 10/15 | €599,416 | €684,981 | +€85,564 | +14.3% |
| Contributions | 10/11 | €488,500 | €488,500 | = | 0.0% |
| Reserves | 13 | €58,018 | €58,018 | = | 0.0% |
| Tax-exempt reserves | 132 | €55,518 | €55,518 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€120,022 | -€32,815 | +€87,206 | +72.7% |
| Investment grants | 15 | €172,920 | €171,278 | -€1,642 | -0.9% |
| Amounts payable | 17/49 | €301,130 | €219,228 | -€81,903 | -27.2% |
| Amounts payable after more than one year | 17 | €15,643 | €27,787 | +€12,143 | +77.6% |
| Financial debts | 170/4 | €15,643 | €27,787 | +€12,143 | +77.6% |
| Amounts payable within one year | 42/48 | €285,487 | €191,441 | -€94,046 | -32.9% |
| Current portion of amounts payable after more than one year | 42 | €20,180 | €21,958 | +€1,778 | +8.8% |
| Trade debts | 44 | €12,763 | €41,114 | +€28,351 | +222.1% |
| Suppliers | 440/4 | €12,763 | €41,114 | +€28,351 | +222.1% |
| Taxes, remuneration and social security | 45 | €73,097 | €46,657 | -€26,440 | -36.2% |
| Taxes | 450/3 | €20,555 | €9,386 | -€11,169 | -54.3% |
| Remuneration and social security | 454/9 | €52,542 | €37,271 | -€15,271 | -29.1% |
| Other amounts payable | 47/48 | €179,446 | €81,711 | -€97,735 | -54.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €331,317 | €307,533 | -€23,785 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,636 | €83,559 | -€3,076 | -3.6% |
| Other operating charges | 640/8 | €22,765 | €28,886 | +€6,121 | +26.9% |
| Gross operating margin | 9900 | €471,586 | €511,775 | +€40,189 | +8.5% |
| Operating profit (loss) | 9901 | €30,868 | €91,797 | +€60,929 | +197.4% |
| Financial income | 75/76B | €1,844 | €1,644 | -€200 | -10.8% |
| Recurring financial income | 75 | €1,844 | €1,644 | -€200 | -10.8% |
| Financial charges | 65/66B | €9,520 | €5,840 | -€3,679 | -38.6% |
| Recurring financial charges | 65 | €9,520 | €5,840 | -€3,679 | -38.6% |
| Profit (loss) for the period before taxes | 9903 | €23,192 | €87,601 | +€64,408 | +277.7% |
| Income taxes | 67/77 | €362 | €395 | +€33 | +9.0% |
| Profit (loss) for the period | 9904 | €22,830 | €87,206 | +€64,376 | +282.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,830 | €87,206 | +€64,376 | +282.0% |
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 5 October 2026 via checked.be.