ON TIME 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.
ON TIME LOGISTICS
Largest movements
- Cash -€118,501
down €118,501 (-65.6%), from €180,719 to €62,218
mainly Debts after one year (-€250,000) and Tax, wage and social debts (-€2,011)
- Debts after one year -€250,000
down €250,000 (-20.0%), from €1.3m to €1.0m
- Reserves +€82,097
up €82,097 (+15.0%), from €546,171 to €628,268
of which Distributable reserves: +€78,000
- Gross operating margin -€4,142
down €4,142 (-1.9%), from €214,594 to €210,452
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 | €5,317,354 | €5,151,201 | -€166,153 | -3.1% |
| Fixed assets | 21/28 | €4,863,040 | €4,863,040 | = | 0.0% |
| Financial fixed assets | 28 | €4,863,040 | €4,863,040 | = | 0.0% |
| Current assets | 29/58 | €454,314 | €288,161 | -€166,153 | -36.6% |
| Amounts receivable within one year | 40/41 | €273,595 | €225,943 | -€47,652 | -17.4% |
| Trade receivables | 40 | €269,995 | €219,654 | -€50,341 | -18.6% |
| Other amounts receivable | 41 | €3,600 | €6,289 | +€2,689 | +74.7% |
| Cash at bank and in hand | 54/58 | €180,719 | €62,218 | -€118,501 | -65.6% |
| Total equity and liabilities | 10/49 | €5,317,354 | €5,151,201 | -€166,153 | -3.1% |
| Equity | 10/15 | €3,896,653 | €3,978,586 | +€81,933 | +2.1% |
| Contributions | 10/11 | €3,350,000 | €3,350,000 | = | 0.0% |
| Capital | 10 | €3,350,000 | €3,350,000 | = | 0.0% |
| Issued capital | 100 | €3,350,000 | €3,350,000 | = | 0.0% |
| Reserves | 13 | €546,171 | €628,268 | +€82,097 | +15.0% |
| Non-distributable reserves | 130/1 | €35,171 | €39,268 | +€4,097 | +11.6% |
| Legal reserve | 130 | €35,171 | €39,268 | +€4,097 | +11.6% |
| Distributable reserves | 133 | €511,000 | €589,000 | +€78,000 | +15.3% |
| Profit (loss) carried forward | 14 | €482 | €318 | -€164 | -34.0% |
| Amounts payable | 17/49 | €1,420,702 | €1,172,616 | -€248,086 | -17.5% |
| Amounts payable after more than one year | 17 | €1,250,000 | €1,000,000 | -€250,000 | -20.0% |
| Financial debts | 170/4 | €1,250,000 | €1,000,000 | -€250,000 | -20.0% |
| Amounts payable within one year | 42/48 | €90,012 | €91,926 | +€1,914 | +2.1% |
| Trade debts | 44 | €76,986 | €80,911 | +€3,925 | +5.1% |
| Suppliers | 440/4 | €76,986 | €80,911 | +€3,925 | +5.1% |
| Taxes, remuneration and social security | 45 | €13,026 | €11,015 | -€2,011 | -15.4% |
| Taxes | 450/3 | €13,026 | €11,015 | -€2,011 | -15.4% |
| Accrued charges and deferred income | 492/3 | €80,690 | €80,690 | = | 0.0% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €214,594 | €210,452 | -€4,142 | -1.9% |
| Operating profit (loss) | 9901 | €213,509 | €209,334 | -€4,175 | -2.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €100,094 | €100,090 | -€4 | 0.0% |
| Recurring financial charges | 65 | €100,094 | €100,090 | -€4 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €113,414 | €109,244 | -€4,171 | -3.7% |
| Income taxes | 67/77 | €28,400 | €27,311 | -€1,089 | -3.8% |
| Profit (loss) for the period | 9904 | €85,014 | €81,933 | -€3,081 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €85,014 | €81,933 | -€3,081 | -3.6% |
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 13 October 2026 via checked.be.