LOGISTIC SUPPORT BELGIUM: 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 SUPPORT BELGIUM
Largest movements
- Receivables within one year +€42,189
up €42,189 (+1,668%), from €2,529 to €44,718
of which Other amounts receivable: +€33,948
- Cash -€8,557
down €8,557 (-91.4%), from €9,360 to €803
mainly Receivables within one year (-€42,189) and Trade debts (-€1,457)
- Tangible fixed assets -€1,597
no longer reported in 2025 (was €1,597)
- Deferred charges and accrued income -€1,407
no longer reported in 2025 (was €1,407)
- Profit (loss) carried forward +€18,544
up €18,544 (+36.0%), from -€51,515 to -€32,971
- Tax, wage and social debts +€13,151
up €13,151 (+3,493%), from €376 to €13,528
- Trade debts -€1,457
down €1,457 (-55.7%), from €2,618 to €1,161
- Gross operating margin +€31,381
up €31,381, from -€11,857 to €19,524
- Depreciation -€545
no longer reported in 2025 (was €545)
- Other operating charges -€440
down €440 (-32.0%), from €1,377 to €937
- Financial income +€313
up €313 (+1,592%), from €20 to €333
- Taxes -€196
down €196 (-52.1%), from €376 to €180
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 | €14,894 | €45,522 | +€30,628 | +206% |
| Fixed assets | 21/28 | €1,597 | - | -€1,597 | |
| Tangible fixed assets | 22/27 | €1,597 | - | -€1,597 | |
| Other tangible fixed assets | 26 | €1,597 | - | -€1,597 | |
| Current assets | 29/58 | €13,296 | €45,522 | +€32,225 | +242% |
| Amounts receivable within one year | 40/41 | €2,529 | €44,718 | +€42,189 | +1,668% |
| Trade receivables | 40 | €2,529 | €10,770 | +€8,241 | +326% |
| Other amounts receivable | 41 | - | €33,948 | +€33,948 | |
| Cash at bank and in hand | 54/58 | €9,360 | €803 | -€8,557 | -91.4% |
| Deferred charges and accrued income | 490/1 | €1,407 | - | -€1,407 | |
| Total equity and liabilities | 10/49 | €14,894 | €45,522 | +€30,628 | +206% |
| Equity | 10/15 | -€5,063 | €13,480 | +€18,544 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €27,859 | €27,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,000 | €16,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,515 | -€32,971 | +€18,544 | +36.0% |
| Amounts payable | 17/49 | €19,957 | €32,042 | +€12,085 | +60.6% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Other amounts payable | 178/9 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,957 | €17,042 | +€12,085 | +244% |
| Trade debts | 44 | €2,618 | €1,161 | -€1,457 | -55.7% |
| Suppliers | 440/4 | €2,618 | €1,161 | -€1,457 | -55.7% |
| Taxes, remuneration and social security | 45 | €376 | €13,528 | +€13,151 | +3,493% |
| Taxes | 450/3 | €376 | €13,528 | +€13,151 | +3,493% |
| Other amounts payable | 47/48 | €1,962 | €2,353 | +€391 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €545 | - | -€545 | |
| Other operating charges | 640/8 | €1,377 | €937 | -€440 | -32.0% |
| Gross operating margin | 9900 | -€11,857 | €19,524 | +€31,381 | |
| Operating profit (loss) | 9901 | -€13,779 | €18,587 | +€32,366 | |
| Financial income | 75/76B | €20 | €333 | +€313 | +1,592% |
| Recurring financial income | 75 | €20 | €333 | +€313 | +1,592% |
| Financial charges | 65/66B | €308 | €196 | -€112 | -36.3% |
| Recurring financial charges | 65 | €308 | €196 | -€112 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,067 | €18,724 | +€32,791 | |
| Income taxes | 67/77 | €376 | €180 | -€196 | -52.1% |
| Profit (loss) for the period | 9904 | -€14,444 | €18,544 | +€32,987 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,444 | €18,544 | +€32,987 |
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 26 October 2026 via checked.be.