LOGISTIC TRANSPORT MANAGEMENT: 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 TRANSPORT MANAGEMENT
Largest movements
- Cash -€1,842
down €1,842 (-17.1%), from €10,796 to €8,953
mainly Debts after one year (-€10,000) and Investment in fixed assets (net) (-€6,027)
- Tangible fixed assets -€1,572
down €1,572 (-1.3%), from €116,622 to €115,050
of which Land and buildings: -€6,996
- Debts after one year -€10,000
down €10,000 (-11.1%), from €90,000 to €80,000
- Other debts +€6,194
up €6,194 (+1,578%), from €393 to €6,587
- Trade debts +€2,178
new in 2025: €2,178
- Profit (loss) carried forward -€1,841
down €1,841 (-5.8%), from -€31,724 to -€33,565
- Other operating charges +€3,836
new in 2025: €3,836
- Gross operating margin +€1,496
up €1,496 (+18.3%), from €8,163 to €9,659
- Depreciation +€613
up €613 (+8.8%), from €6,986 to €7,599
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 | €127,989 | €124,499 | -€3,489 | -2.7% |
| Fixed assets | 21/28 | €116,622 | €115,050 | -€1,572 | -1.3% |
| Tangible fixed assets | 22/27 | €116,622 | €115,050 | -€1,572 | -1.3% |
| Land and buildings | 22 | €116,622 | €109,625 | -€6,996 | -6.0% |
| Other tangible fixed assets | 26 | - | €5,424 | +€5,424 | |
| Current assets | 29/58 | €11,367 | €9,450 | -€1,917 | -16.9% |
| Amounts receivable within one year | 40/41 | €11 | - | -€11 | |
| Other amounts receivable | 41 | €11 | - | -€11 | |
| Cash at bank and in hand | 54/58 | €10,796 | €8,953 | -€1,842 | -17.1% |
| Deferred charges and accrued income | 490/1 | €560 | €496 | -€64 | -11.5% |
| Total equity and liabilities | 10/49 | €127,989 | €124,499 | -€3,489 | -2.7% |
| Equity | 10/15 | €37,576 | €35,735 | -€1,841 | -4.9% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €6,300 | €6,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,724 | -€33,565 | -€1,841 | -5.8% |
| Amounts payable | 17/49 | €90,413 | €88,765 | -€1,648 | -1.8% |
| Amounts payable after more than one year | 17 | €90,000 | €80,000 | -€10,000 | -11.1% |
| Financial debts | 170/4 | €90,000 | €80,000 | -€10,000 | -11.1% |
| Amounts payable within one year | 42/48 | €393 | €8,765 | +€8,372 | +2,132% |
| Trade debts | 44 | - | €2,178 | +€2,178 | |
| Suppliers | 440/4 | - | €2,178 | +€2,178 | |
| Other amounts payable | 47/48 | €393 | €6,587 | +€6,194 | +1,578% |
| Accrued charges and deferred income | 492/3 | €20 | - | -€20 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,986 | €7,599 | +€613 | +8.8% |
| Other operating charges | 640/8 | - | €3,836 | +€3,836 | |
| Gross operating margin | 9900 | €8,163 | €9,659 | +€1,496 | +18.3% |
| Operating profit (loss) | 9901 | €1,176 | -€1,777 | -€2,953 | |
| Financial income | 75/76B | €83 | €18 | -€64 | -78.0% |
| Recurring financial income | 75 | €83 | €18 | -€64 | -78.0% |
| Financial charges | 65/66B | €80 | €66 | -€14 | -17.5% |
| Recurring financial charges | 65 | €80 | €66 | -€14 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €1,179 | -€1,825 | -€3,003 | |
| Income taxes | 67/77 | €25 | €16 | -€9 | -34.9% |
| Profit (loss) for the period | 9904 | €1,154 | -€1,841 | -€2,995 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,154 | -€1,841 | -€2,995 |
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 25 October 2026 via checked.be.