MIDYAT LOGISTICS: 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.
MIDYAT LOGISTICS
Largest movements
- Stocks and contracts +€182,807
up €182,807 (+22.3%), from €819,926 to €1.0m
- Receivables within one year +€152,559
up €152,559 (+27.6%), from €553,641 to €706,200
of which Other amounts receivable: +€133,964
- Tangible fixed assets -€57,577
down €57,577 (-5.8%), from €985,159 to €927,582
- Profit (loss) carried forward +€172,071
up €172,071 (+59.2%), from €290,471 to €462,542
- Debts after one year -€108,663
down €108,663 (-10.3%), from €1.1m to €949,906
- Trade debts +€94,097
up €94,097 (+2157.1%), from €4,362 to €98,459
- Tax, wage and social debts +€39,583
up €39,583 (+36.6%), from €108,290 to €147,873
- Other debts +€38,168
up €38,168 (+4.8%), from €789,463 to €827,632
- Gross operating margin +€40,370
up €40,370 (+12.5%), from €321,677 to €362,048
- Financial charges +€21,796
up €21,796 (+53.3%), from €40,921 to €62,716
- Taxes +€20,411
up €20,411 (+38.8%), from €52,650 to €73,062
- Financial income +€11,320
up €11,320 (+198.4%), from €5,707 to €17,027
- Other operating charges +€5,529
up €5,529 (+68.1%), from €8,119 to €13,648
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,384,689 | €2,640,942 | +€256,254 | +10.7% |
| Fixed assets | 21/28 | €985,159 | €927,582 | -€57,577 | -5.8% |
| Tangible fixed assets | 22/27 | €985,159 | €927,582 | -€57,577 | -5.8% |
| Land and buildings | 22 | €985,159 | €927,582 | -€57,577 | -5.8% |
| Current assets | 29/58 | €1,399,529 | €1,713,361 | +€313,831 | +22.4% |
| Stocks and contracts in progress | 3 | €819,926 | €1,002,732 | +€182,807 | +22.3% |
| Stocks | 30/36 | €819,926 | €1,002,732 | +€182,807 | +22.3% |
| Amounts receivable within one year | 40/41 | €553,641 | €706,200 | +€152,559 | +27.6% |
| Trade receivables | 40 | €47,190 | €65,785 | +€18,595 | +39.4% |
| Other amounts receivable | 41 | €506,451 | €640,415 | +€133,964 | +26.5% |
| Cash at bank and in hand | 54/58 | €25,093 | €3,528 | -€21,565 | -85.9% |
| Deferred charges and accrued income | 490/1 | €870 | €901 | +€31 | +3.6% |
| Total equity and liabilities | 10/49 | €2,384,689 | €2,640,942 | +€256,254 | +10.7% |
| Equity | 10/15 | €310,471 | €482,542 | +€172,071 | +55.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €290,471 | €462,542 | +€172,071 | +59.2% |
| Amounts payable | 17/49 | €2,074,218 | €2,158,400 | +€84,183 | +4.1% |
| Amounts payable after more than one year | 17 | €1,058,569 | €949,906 | -€108,663 | -10.3% |
| Financial debts | 170/4 | €1,058,569 | €949,906 | -€108,663 | -10.3% |
| Amounts payable within one year | 42/48 | €1,007,534 | €1,182,627 | +€175,093 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €105,419 | €108,663 | +€3,244 | +3.1% |
| Trade debts | 44 | €4,362 | €98,459 | +€94,097 | +2157.1% |
| Suppliers | 440/4 | €4,362 | €98,459 | +€94,097 | +2157.1% |
| Taxes, remuneration and social security | 45 | €108,290 | €147,873 | +€39,583 | +36.6% |
| Taxes | 450/3 | €108,290 | €147,873 | +€39,583 | +36.6% |
| Other amounts payable | 47/48 | €789,463 | €827,632 | +€38,168 | +4.8% |
| Accrued charges and deferred income | 492/3 | €8,114 | €25,867 | +€17,753 | +218.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,577 | €57,577 | = | 0.0% |
| Other operating charges | 640/8 | €8,119 | €13,648 | +€5,529 | +68.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €321,677 | €362,048 | +€40,370 | +12.5% |
| Operating profit (loss) | 9901 | €255,981 | €290,822 | +€34,841 | +13.6% |
| Financial income | 75/76B | €5,707 | €17,027 | +€11,320 | +198.4% |
| Recurring financial income | 75 | €5,707 | €17,027 | +€11,320 | +198.4% |
| Financial charges | 65/66B | €40,921 | €62,716 | +€21,796 | +53.3% |
| Recurring financial charges | 65 | €40,921 | €62,716 | +€21,796 | +53.3% |
| Profit (loss) for the period before taxes | 9903 | €220,767 | €245,133 | +€24,366 | +11.0% |
| Income taxes | 67/77 | €52,650 | €73,062 | +€20,411 | +38.8% |
| Profit (loss) for the period | 9904 | €168,116 | €172,071 | +€3,955 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €168,116 | €172,071 | +€3,955 | +2.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.