Logistics for you: 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 for you
Largest movements
- Receivables within one year +€1.0m
up €1.0m (+164%), from €611,514 to €1.6m
of which Trade receivables: +€1.0m
- Cash +€43,939
up €43,939 (+298%), from €14,725 to €58,664
mainly Trade debts (+€1.0m) and Net result for the year (+€4,708)
- Trade debts +€1.0m
up €1.0m (+188%), from €557,400 to €1.6m
- Financial income -€39,977
down €39,977 (-97.2%), from €41,145 to €1,168
- Gross operating margin +€18,624
up €18,624, from -€9,919 to €8,705
- Taxes -€5,121
down €5,121 (-72.1%), from €7,100 to €1,979
- Financial charges -€3,119
down €3,119 (-64.4%), from €4,846 to €1,727
- Other operating charges +€405
up €405 (+58.8%), from €690 to €1,095
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 | €626,953 | €1,674,611 | +€1.0m | +167% |
| Fixed assets | 21/28 | €714 | €351 | -€364 | -50.9% |
| Tangible fixed assets | 22/27 | €714 | €351 | -€364 | -50.9% |
| Furniture and vehicles | 24 | €714 | €351 | -€364 | -50.9% |
| Current assets | 29/58 | €626,239 | €1,674,260 | +€1.0m | +167% |
| Amounts receivable within one year | 40/41 | €611,514 | €1,615,596 | +€1.0m | +164% |
| Trade receivables | 40 | €576,986 | €1,611,218 | +€1.0m | +179% |
| Other amounts receivable | 41 | €34,528 | €4,378 | -€30,150 | -87.3% |
| Cash at bank and in hand | 54/58 | €14,725 | €58,664 | +€43,939 | +298% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €626,953 | €1,674,611 | +€1.0m | +167% |
| Equity | 10/15 | €56,773 | €61,482 | +€4,708 | +8.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,773 | €55,482 | +€4,708 | +9.3% |
| Amounts payable | 17/49 | €570,180 | €1,613,129 | +€1.0m | +183% |
| Amounts payable within one year | 42/48 | €569,180 | €1,612,129 | +€1.0m | +183% |
| Trade debts | 44 | €557,400 | €1,603,065 | +€1.0m | +188% |
| Suppliers | 440/4 | €557,400 | €1,603,065 | +€1.0m | +188% |
| Taxes, remuneration and social security | 45 | €11,780 | €9,064 | -€2,716 | -23.1% |
| Taxes | 450/3 | €11,780 | €9,064 | -€2,716 | -23.1% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €364 | €364 | = | 0.0% |
| Other operating charges | 640/8 | €690 | €1,095 | +€405 | +58.8% |
| Gross operating margin | 9900 | -€9,919 | €8,705 | +€18,624 | |
| Operating profit (loss) | 9901 | -€10,972 | €7,247 | +€18,218 | |
| Financial income | 75/76B | €41,145 | €1,168 | -€39,977 | -97.2% |
| Recurring financial income | 75 | €41,145 | €1,168 | -€39,977 | -97.2% |
| Financial charges | 65/66B | €4,846 | €1,727 | -€3,119 | -64.4% |
| Recurring financial charges | 65 | €4,846 | €1,727 | -€3,119 | -64.4% |
| Profit (loss) for the period before taxes | 9903 | €25,327 | €6,688 | -€18,640 | -73.6% |
| Income taxes | 67/77 | €7,100 | €1,979 | -€5,121 | -72.1% |
| Profit (loss) for the period | 9904 | €18,227 | €4,708 | -€13,519 | -74.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,227 | €4,708 | -€13,519 | -74.2% |
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 23 October 2026 via checked.be.