LOGISTICS DESIGN: 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.
LOGISTICS DESIGN
Largest movements
- Financial fixed assets +€30,000
new in 2025: €30,000
- Cash -€29,602
down €29,602 (-55.1%), from €53,763 to €24,161
mainly Investment in fixed assets (net) (-€30,000) and Contributions, distributions and other (-€26,131)
- Receivables within one year +€21,183
up €21,183 (+36.1%), from €58,698 to €79,881
of which Other amounts receivable: +€21,771
- Receivables after one year +€15,000
new in 2025: €15,000
- Other debts +€27,831
up €27,831, from €0 to €27,831
- Reserves +€11,923
up €11,923 (+20.1%), from €59,378 to €71,302
of which Distributable reserves: +€11,923
- Trade debts -€8,791
down €8,791 (-46.6%), from €18,848 to €10,057
- Tax, wage and social debts +€5,437
up €5,437 (+22.4%), from €24,262 to €29,698
of which Taxes: +€5,420
- Gross operating margin -€36,137
down €36,137 (-37.4%), from €96,677 to €60,539
- Taxes -€15,002
down €15,002 (-45.8%), from €32,725 to €17,723
- Financial income +€2,844
up €2,844 (+199%), from €1,430 to €4,275
- Financial charges +€2,256
up €2,256 (+48.1%), from €4,688 to €6,944
of which Non-recurring financial charges: +€2,429
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 | €121,161 | €158,362 | +€37,201 | +30.7% |
| Fixed assets | 21/28 | €742 | €30,000 | +€29,258 | +3,946% |
| Tangible fixed assets | 22/27 | €742 | €0 | -€742 | -100% |
| Furniture and vehicles | 24 | €742 | €0 | -€742 | -100% |
| Financial fixed assets | 28 | - | €30,000 | +€30,000 | |
| Current assets | 29/58 | €120,419 | €128,362 | +€7,943 | +6.6% |
| Amounts receivable after more than one year | 29 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 291 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €58,698 | €79,881 | +€21,183 | +36.1% |
| Trade receivables | 40 | €2,968 | €2,380 | -€588 | -19.8% |
| Other amounts receivable | 41 | €55,730 | €77,501 | +€21,771 | +39.1% |
| Cash at bank and in hand | 54/58 | €53,763 | €24,161 | -€29,602 | -55.1% |
| Deferred charges and accrued income | 490/1 | €7,959 | €9,321 | +€1,362 | +17.1% |
| Total equity and liabilities | 10/49 | €121,161 | €158,362 | +€37,201 | +30.7% |
| Equity | 10/15 | €77,978 | €89,902 | +€11,923 | +15.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €59,378 | €71,302 | +€11,923 | +20.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €59,378 | €71,302 | +€11,923 | +20.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €43,182 | €68,460 | +€25,278 | +58.5% |
| Amounts payable within one year | 42/48 | €43,110 | €67,586 | +€24,476 | +56.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €18,848 | €10,057 | -€8,791 | -46.6% |
| Suppliers | 440/4 | €18,848 | €10,057 | -€8,791 | -46.6% |
| Taxes, remuneration and social security | 45 | €24,262 | €29,698 | +€5,437 | +22.4% |
| Taxes | 450/3 | €21,463 | €26,883 | +€5,420 | +25.3% |
| Remuneration and social security | 454/9 | €2,799 | €2,815 | +€16 | +0.6% |
| Other amounts payable | 47/48 | €0 | €27,831 | +€27,831 | |
| Accrued charges and deferred income | 492/3 | €73 | €874 | +€802 | +1,106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €798 | €742 | -€57 | -7.1% |
| Other operating charges | 640/8 | €1,264 | €1,351 | +€87 | +6.9% |
| Gross operating margin | 9900 | €96,677 | €60,539 | -€36,137 | -37.4% |
| Operating profit (loss) | 9901 | €94,614 | €58,447 | -€36,167 | -38.2% |
| Financial income | 75/76B | €1,430 | €4,275 | +€2,844 | +199% |
| Recurring financial income | 75 | €1,430 | €4,275 | +€2,844 | +199% |
| Financial charges | 65/66B | €4,688 | €6,944 | +€2,256 | +48.1% |
| Recurring financial charges | 65 | €1,360 | €1,186 | -€173 | -12.7% |
| Non-recurring financial charges | 66B | €3,329 | €5,758 | +€2,429 | +73.0% |
| Profit (loss) for the period before taxes | 9903 | €91,356 | €55,777 | -€35,579 | -38.9% |
| Income taxes | 67/77 | €32,725 | €17,723 | -€15,002 | -45.8% |
| Profit (loss) for the period | 9904 | €58,631 | €38,054 | -€20,577 | -35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €58,631 | €38,054 | -€20,577 | -35.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.