OTS LOGISTICS BELGIUM: what changed
What changed
OTS LOGISTICS BELGIUM
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€222,902
2023 · €1.5m-€1.3m
Equity
€37.6m
2023 · €37.4m+€222,902
Cash
€249,167
2023 · €914,962-€665,795
Balance sheet total
€57.6m
2023 · €57.3m+€320,029
Largest movements
Assets
- Deferred charges and accrued income +€1.2m
up €1.2m (+79.4%), from €1.5m to €2.7m
- Cash -€665,795
down €665,795 (-72.8%), from €914,962 to €249,167
mainly Deferred charges and accrued income (-€1.2m) and Short-term financial debts (-€676,703)
Equity and liabilities
- Accrued charges and deferred income +€895,283
up €895,283 (+103%), from €872,101 to €1.8m
- Short-term financial debts -€676,703
down €676,703 (-18.1%), from €3.7m to €3.1m
Income statement
- Financial income -€817,457
down €817,457 (-16.5%), from €4.9m to €4.1m
- Financial charges +€452,069
up €452,069 (+12.7%), from €3.6m to €4.0m
- Other operating income -€198,696
down €198,696 (-38.4%), from €517,589 to €318,893
- Turnover +€148,974
up €148,974 (+8.4%), from €1.8m to €1.9m
- Services and other goods +€94,738
up €94,738 (+5.2%), from €1.8m to €1.9m
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€1.5m
Turnover
+€148,974
Other operating income
-€198,696
Services and other goods
-€94,738
Staff costs
+€57,975
Provisions
-€5,000
Other operating charges
+€93
Financial income
-€817,457
Financial charges
-€452,069
Taxes
+€59,644
Result 2024
€222,902
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€10,908
Investment
€0
Financing
-€676,703
Cash 2023
€914,962
From operations (derived)
+€10,908
Net result for the year
+€222,902
Receivables within one year
+€196,947
Deferred charges and accrued income
-€1.2m
Trade debts
+€74,897
Tax, wage and social debts
-€15,000
Other debts
-€181,350
Accrued charges and deferred income
+€895,283
Financing
-€676,703
Short-term financial debts
-€676,703
Cash 2024
€249,167
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,290,525 | €57,610,554 | +€320,029 | +0.6% |
| Fixed assets | 21/28 | €33,320,270 | €33,320,270 | = | 0.0% |
| Financial fixed assets | 28 | €33,320,270 | €33,320,270 | = | 0.0% |
| Affiliated companies | 280/1 | €33,320,270 | €33,320,270 | = | 0.0% |
| Participating interests | 280 | €33,320,270 | €33,320,270 | = | 0.0% |
| Current assets | 29/58 | €23,970,255 | €24,290,284 | +€320,029 | +1.3% |
| Amounts receivable within one year | 40/41 | €21,565,907 | €21,368,960 | -€196,947 | -0.9% |
| Trade receivables | 40 | €389,102 | €240,045 | -€149,057 | -38.3% |
| Other amounts receivable | 41 | €21,176,805 | €21,128,915 | -€47,890 | -0.2% |
| Cash at bank and in hand | 54/58 | €914,962 | €249,167 | -€665,795 | -72.8% |
| Deferred charges and accrued income | 490/1 | €1,489,386 | €2,672,158 | +€1.2m | +79.4% |
| Total equity and liabilities | 10/49 | €57,290,525 | €57,610,554 | +€320,029 | +0.6% |
| Equity | 10/15 | €37,379,800 | €37,602,702 | +€222,902 | +0.6% |
| Contributions | 10/11 | €56,009,000 | €56,009,000 | = | 0.0% |
| Capital | 10 | €56,009,000 | €56,009,000 | = | 0.0% |
| Issued capital | 100 | €56,009,000 | €56,009,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,629,200 | -€18,406,298 | +€222,902 | +1.2% |
| Amounts payable | 17/49 | €19,910,725 | €20,007,852 | +€97,127 | +0.5% |
| Amounts payable within one year | 42/48 | €19,038,624 | €18,240,468 | -€798,156 | -4.2% |
| Financial debts | 43 | €3,730,878 | €3,054,175 | -€676,703 | -18.1% |
| Credit institutions | 430/8 | €3,730,878 | €3,054,175 | -€676,703 | -18.1% |
| Trade debts | 44 | €306,509 | €381,406 | +€74,897 | +24.4% |
| Suppliers | 440/4 | €306,509 | €381,406 | +€74,897 | +24.4% |
| Taxes, remuneration and social security | 45 | €79,009 | €64,009 | -€15,000 | -19.0% |
| Remuneration and social security | 454/9 | €79,009 | €64,009 | -€15,000 | -19.0% |
| Other amounts payable | 47/48 | €14,922,227 | €14,740,878 | -€181,350 | -1.2% |
| Accrued charges and deferred income | 492/3 | €872,101 | €1,767,384 | +€895,283 | +103% |
| Operating income | 70/76A | €2,293,071 | €2,243,349 | -€49,722 | -2.2% |
| Turnover | 70 | €1,775,482 | €1,924,455 | +€148,974 | +8.4% |
| Other operating income | 74 | €517,589 | €318,893 | -€198,696 | -38.4% |
| Operating charges | 60/66A | €2,102,084 | €2,143,754 | +€41,670 | +2.0% |
| Services and other goods | 61 | €1,838,509 | €1,933,247 | +€94,738 | +5.2% |
| Remuneration, social security and pensions | 62 | €263,364 | €205,389 | -€57,975 | -22.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €5,000 | +€5,000 | |
| Other operating charges | 640/8 | €211 | €118 | -€93 | -44.1% |
| Operating profit (loss) | 9901 | €190,987 | €99,595 | -€91,392 | -47.9% |
| Financial income | 75/76B | €4,946,084 | €4,128,627 | -€817,457 | -16.5% |
| Recurring financial income | 75 | €4,946,084 | €4,128,627 | -€817,457 | -16.5% |
| Income from financial fixed assets | 750 | €1,432,955 | €485,414 | -€947,541 | -66.1% |
| Income from current assets | 751 | €932,145 | €1,845,345 | +€913,201 | +98.0% |
| Other financial income | 752/9 | €2,580,985 | €1,797,868 | -€783,117 | -30.3% |
| Financial charges | 65/66B | €3,553,252 | €4,005,320 | +€452,069 | +12.7% |
| Recurring financial charges | 65 | €3,553,252 | €4,005,320 | +€452,069 | +12.7% |
| Debt charges | 650 | €751,977 | €1,588,378 | +€836,401 | +111% |
| Other financial charges | 652/9 | €2,801,275 | €2,416,943 | -€384,332 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €1,583,820 | €222,902 | -€1.4m | -85.9% |
| Income taxes | 67/77 | €59,644 | - | -€59,644 | |
| Taxes | 670/3 | €59,644 | - | -€59,644 | |
| Profit (loss) for the period | 9904 | €1,524,176 | €222,902 | -€1.3m | -85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,524,176 | €222,902 | -€1.3m | -85.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.