Logistic Care: 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.
Logistic Care
Largest movements
- Receivables within one year -€90,904
down €90,904 (-34.3%), from €265,161 to €174,257
of which Trade receivables: -€80,602
- Cash -€19,704
down €19,704 (-83.3%), from €23,640 to €3,936
mainly Trade debts (-€59,858) and Short-term financial debts (-€42,966)
- Stocks and contracts -€14,775
no longer reported in 2025 (was €14,775)
- Tangible fixed assets -€7,223
down €7,223 (-13.6%), from €53,247 to €46,024
of which Furniture and vehicles: -€7,759
- Trade debts -€59,858
down €59,858 (-45.6%), from €131,125 to €71,267
- Short-term financial debts -€42,966
down €42,966 (-85.0%), from €50,522 to €7,556
of which Other loans: -€25,510
- Profit (loss) carried forward -€12,790
down €12,790 (-30.4%), from -€42,066 to -€54,855
- Debts after one year -€11,040
down €11,040 (-43.2%), from €25,584 to €14,544
- Tax, wage and social debts -€6,688
down €6,688 (-15.6%), from €42,739 to €36,051
of which Taxes: -€5,222
- Gross operating margin -€41,969
down €41,969 (-14.0%), from €300,561 to €258,592
- Staff costs +€22,875
up €22,875 (+10.2%), from €223,814 to €246,689
- Taxes -€20,324
no longer reported in 2025 (was €20,324)
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 | €356,823 | €224,218 | -€132,605 | -37.2% |
| Fixed assets | 21/28 | €53,247 | €46,024 | -€7,223 | -13.6% |
| Tangible fixed assets | 22/27 | €53,247 | €46,024 | -€7,223 | -13.6% |
| Plant, machinery and equipment | 23 | €10,527 | €14,286 | +€3,759 | +35.7% |
| Furniture and vehicles | 24 | €32,653 | €24,894 | -€7,759 | -23.8% |
| Other tangible fixed assets | 26 | €10,067 | €6,844 | -€3,223 | -32.0% |
| Current assets | 29/58 | €303,576 | €178,193 | -€125,383 | -41.3% |
| Stocks and contracts in progress | 3 | €14,775 | - | -€14,775 | |
| Stocks | 30/36 | €14,775 | - | -€14,775 | |
| Amounts receivable within one year | 40/41 | €265,161 | €174,257 | -€90,904 | -34.3% |
| Trade receivables | 40 | €254,138 | €173,536 | -€80,602 | -31.7% |
| Other amounts receivable | 41 | €11,023 | €722 | -€10,301 | -93.5% |
| Cash at bank and in hand | 54/58 | €23,640 | €3,936 | -€19,704 | -83.3% |
| Total equity and liabilities | 10/49 | €356,823 | €224,218 | -€132,605 | -37.2% |
| Equity | 10/15 | €96,218 | €83,428 | -€12,790 | -13.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €119,684 | €119,684 | = | 0.0% |
| Distributable reserves | 133 | €119,684 | €119,684 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,066 | -€54,855 | -€12,790 | -30.4% |
| Amounts payable | 17/49 | €260,605 | €140,790 | -€119,816 | -46.0% |
| Amounts payable after more than one year | 17 | €25,584 | €14,544 | -€11,040 | -43.2% |
| Financial debts | 170/4 | €25,584 | €14,544 | -€11,040 | -43.2% |
| Amounts payable within one year | 42/48 | €235,022 | €126,246 | -€108,776 | -46.3% |
| Current portion of amounts payable after more than one year | 42 | €10,537 | €11,040 | +€503 | +4.8% |
| Financial debts | 43 | €50,522 | €7,556 | -€42,966 | -85.0% |
| Credit institutions | 430/8 | €25,012 | €7,556 | -€17,456 | -69.8% |
| Other loans | 439 | €25,510 | - | -€25,510 | |
| Trade debts | 44 | €131,125 | €71,267 | -€59,858 | -45.6% |
| Suppliers | 440/4 | €131,125 | €71,267 | -€59,858 | -45.6% |
| Taxes, remuneration and social security | 45 | €42,739 | €36,051 | -€6,688 | -15.6% |
| Taxes | 450/3 | €11,314 | €6,092 | -€5,222 | -46.2% |
| Remuneration and social security | 454/9 | €31,425 | €29,959 | -€1,466 | -4.7% |
| Other amounts payable | 47/48 | €99 | €332 | +€233 | +235% |
| Remuneration, social security and pensions | 62 | €223,814 | €246,689 | +€22,875 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,543 | €15,125 | +€2,582 | +20.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €837 | +€837 | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €300,561 | €258,592 | -€41,969 | -14.0% |
| Operating profit (loss) | 9901 | €63,699 | -€4,579 | -€68,277 | |
| Financial charges | 65/66B | €9,389 | €8,211 | -€1,177 | -12.5% |
| Recurring financial charges | 65 | €9,389 | €8,211 | -€1,177 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €54,310 | -€12,790 | -€67,100 | |
| Income taxes | 67/77 | €20,324 | - | -€20,324 | |
| Profit (loss) for the period | 9904 | €33,986 | -€12,790 | -€46,776 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,986 | -€12,790 | -€46,776 |
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.