LOGITRANS 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.
What changed
LOGITRANS BELGIUM
NACE 46.649, Wholesale of other machinery and equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€682,746
2024 · €762,249-€79,504
Equity
€3.7m
2024 · €3.2m+€447,746
Cash
€184,727
2024 · €147,848+€36,879
Balance sheet total
€8.1m
2024 · €8.0m+€79,962
Largest movements
Assets
- Receivables within one year +€222,862
up €222,862 (+19.3%), from €1.2m to €1.4m
of which Trade receivables: +€178,004
- Stocks and contracts -€118,423
down €118,423 (-33.9%), from €349,399 to €230,976
Equity and liabilities
- Debts after one year -€750,000
down €750,000 (-33.3%), from €2.3m to €1.5m
- Trade debts +€669,099
up €669,099 (+79.6%), from €840,336 to €1.5m
- Profit (loss) carried forward +€447,746
up €447,746 (+16.7%), from €2.7m to €3.1m
- Accrued charges and deferred income -€118,044
down €118,044 (-32.6%), from €362,421 to €244,377
- Other debts -€97,578
down €97,578 (-28.0%), from €348,644 to €251,065
Income statement
- Gross operating margin -€274,827
down €274,827 (-14.4%), from €1.9m to €1.6m
- Taxes -€105,806
down €105,806 (-40.3%), from €262,776 to €156,970
- Financial income +€66,553
up €66,553 (+38.4%), from €173,168 to €239,722
- Financial charges -€52,916
down €52,916 (-26.9%), from €196,389 to €143,473
- Depreciation +€27,252
up €27,252 (+23.0%), from €118,317 to €145,570
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.
Result 2024
€762,249
Gross operating margin
-€274,827
Staff costs
-€10,471
Depreciation
-€27,252
Write-downs
+€8,081
Other operating charges
-€309
Financial income
+€66,553
Financial charges
+€52,916
Taxes
+€105,806
Result 2025
€682,746
raises the resultlowers the result
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.
From operations
+€1.1m
Investment
-€113,909
Financing
-€985,000
Cash 2024
€147,848
From operations (derived)
+€1.1m
Net result for the year
+€682,746
Depreciation
+€145,570
Stocks and contracts
+€118,423
Receivables within one year
-€222,862
Deferred charges and accrued income
+€29,696
Trade debts
+€669,099
Tax, wage and social debts
-€71,260
Other debts
-€97,578
Accrued charges and deferred income
-€118,044
Investment (derived)
-€113,909
Investment in fixed assets (net)
-€113,909
Financing
-€985,000
Debts after one year
-€750,000
Contributions, distributions and other
-€235,000
Cash 2025
€184,727
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,032,432 | €8,112,394 | +€79,962 | +1.0% |
| Fixed assets | 21/28 | €6,237,161 | €6,205,500 | -€31,661 | -0.5% |
| Tangible fixed assets | 22/27 | €406,318 | €374,657 | -€31,661 | -7.8% |
| Plant, machinery and equipment | 23 | €220,458 | €173,935 | -€46,523 | -21.1% |
| Furniture and vehicles | 24 | €172,318 | €198,203 | +€25,885 | +15.0% |
| Other tangible fixed assets | 26 | €13,542 | €2,518 | -€11,024 | -81.4% |
| Financial fixed assets | 28 | €5,830,843 | €5,830,843 | = | 0.0% |
| Current assets | 29/58 | €1,795,271 | €1,906,894 | +€111,623 | +6.2% |
| Stocks and contracts in progress | 3 | €349,399 | €230,976 | -€118,423 | -33.9% |
| Stocks | 30/36 | €349,399 | €230,976 | -€118,423 | -33.9% |
| Amounts receivable within one year | 40/41 | €1,151,912 | €1,374,775 | +€222,862 | +19.3% |
| Trade receivables | 40 | €1,150,587 | €1,328,591 | +€178,004 | +15.5% |
| Other amounts receivable | 41 | €1,325 | €46,184 | +€44,858 | +3,385% |
| Cash at bank and in hand | 54/58 | €147,848 | €184,727 | +€36,879 | +24.9% |
| Deferred charges and accrued income | 490/1 | €146,113 | €116,417 | -€29,696 | -20.3% |
| Total equity and liabilities | 10/49 | €8,032,432 | €8,112,394 | +€79,962 | +1.0% |
| Equity | 10/15 | €3,207,748 | €3,655,494 | +€447,746 | +14.0% |
| Contributions | 10/11 | €470,000 | €470,000 | = | 0.0% |
| Capital | 10 | €470,000 | €470,000 | = | 0.0% |
| Issued capital | 100 | €470,000 | €470,000 | = | 0.0% |
| Reserves | 13 | €52,309 | €52,309 | = | 0.0% |
| Non-distributable reserves | 130/1 | €47,000 | €47,000 | = | 0.0% |
| Legal reserve | 130 | €47,000 | €47,000 | = | 0.0% |
| Distributable reserves | 133 | €5,309 | €5,309 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,685,439 | €3,133,185 | +€447,746 | +16.7% |
| Amounts payable | 17/49 | €4,824,684 | €4,456,900 | -€367,784 | -7.6% |
| Amounts payable after more than one year | 17 | €2,250,000 | €1,500,000 | -€750,000 | -33.3% |
| Financial debts | 170/4 | €2,250,000 | €1,500,000 | -€750,000 | -33.3% |
| Amounts payable within one year | 42/48 | €2,212,263 | €2,712,523 | +€500,260 | +22.6% |
| Current portion of amounts payable after more than one year | 42 | €750,000 | €750,000 | = | 0.0% |
| Trade debts | 44 | €840,336 | €1,509,435 | +€669,099 | +79.6% |
| Suppliers | 440/4 | €840,336 | €1,509,435 | +€669,099 | +79.6% |
| Taxes, remuneration and social security | 45 | €273,284 | €202,023 | -€71,260 | -26.1% |
| Taxes | 450/3 | €164,428 | €92,238 | -€72,191 | -43.9% |
| Remuneration and social security | 454/9 | €108,856 | €109,786 | +€930 | +0.9% |
| Other amounts payable | 47/48 | €348,644 | €251,065 | -€97,578 | -28.0% |
| Accrued charges and deferred income | 492/3 | €362,421 | €244,377 | -€118,044 | -32.6% |
| Remuneration, social security and pensions | 62 | €716,558 | €727,029 | +€10,471 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,317 | €145,570 | +€27,252 | +23.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,355 | €275 | -€8,081 | -96.7% |
| Other operating charges | 640/8 | €13,436 | €13,745 | +€309 | +2.3% |
| Gross operating margin | 9900 | €1,904,912 | €1,630,085 | -€274,827 | -14.4% |
| Operating profit (loss) | 9901 | €1,048,246 | €743,467 | -€304,779 | -29.1% |
| Financial income | 75/76B | €173,168 | €239,722 | +€66,553 | +38.4% |
| Recurring financial income | 75 | €173,168 | €239,722 | +€66,553 | +38.4% |
| Financial charges | 65/66B | €196,389 | €143,473 | -€52,916 | -26.9% |
| Recurring financial charges | 65 | €196,389 | €143,473 | -€52,916 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €1,025,026 | €839,716 | -€185,310 | -18.1% |
| Income taxes | 67/77 | €262,776 | €156,970 | -€105,806 | -40.3% |
| Profit (loss) for the period | 9904 | €762,249 | €682,746 | -€79,504 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €762,249 | €682,746 | -€79,504 | -10.4% |
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 22 October 2026 via checked.be.