Logistics & Communication: 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.
Logistics & Communication
Largest movements
- Receivables within one year +€161
new in 2025: €161
- Other debts +€1,160
up €1,160 (+26.9%), from €4,319 to €5,479
- Profit (loss) carried forward -€965
down €965 (-2.7%), from -€36,322 to -€37,287
- Trade debts -€32
down €32 (-6.5%), from €493 to €461
- Financial income -€39,158
no longer reported in 2025 (was €39,158)
- Gross operating margin +€342
up €342 (+30.8%), from -€1,110 to -€768
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 | €5 | €167 | +€162 | +3235.3% |
| Current assets | 29/58 | €5 | €167 | +€162 | +3235.3% |
| Amounts receivable within one year | 40/41 | - | €161 | +€161 | |
| Other amounts receivable | 41 | - | €161 | +€161 | |
| Cash at bank and in hand | 54/58 | €5 | €6 | +€1 | +21.7% |
| Total equity and liabilities | 10/49 | €5 | €167 | +€162 | +3235.3% |
| Equity | 10/15 | -€4,807 | -€5,773 | -€965 | -20.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €1,515 | €1,515 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,515 | €1,515 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,515 | €1,515 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,322 | -€37,287 | -€965 | -2.7% |
| Amounts payable | 17/49 | €4,812 | €5,940 | +€1,128 | +23.4% |
| Amounts payable within one year | 42/48 | €4,812 | €5,940 | +€1,128 | +23.4% |
| Trade debts | 44 | €493 | €461 | -€32 | -6.5% |
| Suppliers | 440/4 | €493 | €461 | -€32 | -6.5% |
| Other amounts payable | 47/48 | €4,319 | €5,479 | +€1,160 | +26.9% |
| Gross operating margin | 9900 | -€1,110 | -€768 | +€342 | +30.8% |
| Operating profit (loss) | 9901 | -€1,110 | -€768 | +€342 | +30.8% |
| Financial income | 75/76B | €39,158 | - | -€39,158 | |
| Recurring financial income | 75 | €39,158 | - | -€39,158 | |
| Financial charges | 65/66B | €188 | €198 | +€9 | +4.8% |
| Recurring financial charges | 65 | €188 | €198 | +€9 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €37,860 | -€965 | -€38,825 | |
| Profit (loss) for the period | 9904 | €37,860 | -€965 | -€38,825 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,860 | -€965 | -€38,825 |
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 3 October 2026 via checked.be.