MRZ 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.
MRZ LOGISTICS
Largest movements
- Receivables within one year -€256,744
down €256,744 (-26.0%), from €987,918 to €731,173
of which Trade receivables: -€285,692
- Financial fixed assets +€40,000
up €40,000 (+695.7%), from €5,750 to €45,750
- Cash +€32,996
up €32,996 (+1099.9%), from €3,000 to €35,996
mainly Receivables within one year (+€256,744) and Net result for the year (+€82,061)
- Tax, wage and social debts -€128,381
down €128,381 (-49.9%), from €257,520 to €129,140
of which Taxes: -€162,831
- Trade debts -€121,690
down €121,690 (-56.1%), from €216,890 to €95,200
- Profit (loss) carried forward +€82,061
up €82,061 (+32.3%), from €254,319 to €336,380
- Other debts -€15,737
down €15,737 (-50.8%), from €30,979 to €15,241
- Gross operating margin +€258,667
up €258,667 (+180.6%), from €143,239 to €401,907
- Taxes +€122,649
new in 2025: €122,649
- Staff costs +€86,493
up €86,493 (+166.9%), from €51,817 to €138,310
- Other operating charges +€61,050
up €61,050 (+3357.4%), from €1,818 to €62,868
- Financial income +€8,044
up €8,044 (+681712.7%), from €1 to €8,045
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 | €996,668 | €812,920 | -€183,748 | -18.4% |
| Fixed assets | 21/28 | €5,750 | €45,750 | +€40,000 | +695.7% |
| Financial fixed assets | 28 | €5,750 | €45,750 | +€40,000 | +695.7% |
| Current assets | 29/58 | €990,918 | €767,170 | -€223,748 | -22.6% |
| Amounts receivable within one year | 40/41 | €987,918 | €731,173 | -€256,744 | -26.0% |
| Trade receivables | 40 | €827,234 | €541,542 | -€285,692 | -34.5% |
| Other amounts receivable | 41 | €160,684 | €189,632 | +€28,948 | +18.0% |
| Cash at bank and in hand | 54/58 | €3,000 | €35,996 | +€32,996 | +1099.9% |
| Total equity and liabilities | 10/49 | €996,668 | €812,920 | -€183,748 | -18.4% |
| Equity | 10/15 | €256,819 | €338,880 | +€82,061 | +32.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €254,319 | €336,380 | +€82,061 | +32.3% |
| Amounts payable | 17/49 | €739,849 | €474,040 | -€265,809 | -35.9% |
| Amounts payable within one year | 42/48 | €739,849 | €474,040 | -€265,809 | -35.9% |
| Financial debts | 43 | €1 | - | -€1 | |
| Credit institutions | 430/8 | €1 | - | -€1 | |
| Trade debts | 44 | €216,890 | €95,200 | -€121,690 | -56.1% |
| Suppliers | 440/4 | €216,890 | €95,200 | -€121,690 | -56.1% |
| Advances received on contracts in progress | 46 | €234,459 | €234,459 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €257,520 | €129,140 | -€128,381 | -49.9% |
| Taxes | 450/3 | €257,520 | €94,690 | -€162,831 | -63.2% |
| Remuneration and social security | 454/9 | - | €34,450 | +€34,450 | |
| Other amounts payable | 47/48 | €30,979 | €15,241 | -€15,737 | -50.8% |
| Remuneration, social security and pensions | 62 | €51,817 | €138,310 | +€86,493 | +166.9% |
| Other operating charges | 640/8 | €1,818 | €62,868 | +€61,050 | +3357.4% |
| Gross operating margin | 9900 | €143,239 | €401,907 | +€258,667 | +180.6% |
| Operating profit (loss) | 9901 | €89,604 | €200,729 | +€111,125 | +124.0% |
| Financial income | 75/76B | €1 | €8,045 | +€8,044 | +681712.7% |
| Recurring financial income | 75 | €1 | €8,045 | +€8,044 | +681712.7% |
| Financial charges | 65/66B | €411 | €4,064 | +€3,654 | +889.4% |
| Recurring financial charges | 65 | €411 | €4,064 | +€3,654 | +889.4% |
| Profit (loss) for the period before taxes | 9903 | €89,194 | €204,710 | +€115,515 | +129.5% |
| Income taxes | 67/77 | - | €122,649 | +€122,649 | |
| Profit (loss) for the period | 9904 | €89,194 | €82,061 | -€7,133 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €89,194 | €82,061 | -€7,133 | -8.0% |
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 11 October 2026 via checked.be.