PIETTE 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.
PIETTE LOGISTICS
Largest movements
- Receivables within one year +€28,250
up €28,250 (+58.4%), from €48,375 to €76,625
of which Trade receivables: +€15,688
- Cash -€1,215
down €1,215 (-6.1%), from €19,996 to €18,781
mainly Receivables within one year (-€28,250)
- Trade debts +€18,128
up €18,128 (+44.2%), from €40,981 to €59,109
- Profit (loss) carried forward +€6,960
up €6,960 (+31.9%), from €21,846 to €28,806
- Tax, wage and social debts +€1,947
up €1,947 (+35.1%), from €5,544 to €7,491
- Gross operating margin -€14,430
down €14,430 (-65.7%), from €21,963 to €7,534
- Financial charges +€351
up €351 (+300%), from €117 to €468
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.
Derived cash bridge
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 | €68,371 | €95,406 | +€27,035 | +39.5% |
| Current assets | 29/58 | €68,371 | €95,406 | +€27,035 | +39.5% |
| Amounts receivable within one year | 40/41 | €48,375 | €76,625 | +€28,250 | +58.4% |
| Trade receivables | 40 | €48,118 | €63,805 | +€15,688 | +32.6% |
| Other amounts receivable | 41 | €258 | €12,820 | +€12,562 | +4,879% |
| Cash at bank and in hand | 54/58 | €19,996 | €18,781 | -€1,215 | -6.1% |
| Total equity and liabilities | 10/49 | €68,371 | €95,406 | +€27,035 | +39.5% |
| Equity | 10/15 | €21,846 | €28,806 | +€6,960 | +31.9% |
| Profit (loss) carried forward | 14 | €21,846 | €28,806 | +€6,960 | +31.9% |
| Amounts payable | 17/49 | €46,524 | €66,600 | +€20,076 | +43.2% |
| Amounts payable within one year | 42/48 | €46,524 | €66,600 | +€20,076 | +43.2% |
| Trade debts | 44 | €40,981 | €59,109 | +€18,128 | +44.2% |
| Suppliers | 440/4 | €40,981 | €59,109 | +€18,128 | +44.2% |
| Taxes, remuneration and social security | 45 | €5,544 | €7,491 | +€1,947 | +35.1% |
| Taxes | 450/3 | €5,544 | €7,491 | +€1,947 | +35.1% |
| Other operating charges | 640/8 | - | €106 | +€106 | |
| Gross operating margin | 9900 | €21,963 | €7,534 | -€14,430 | -65.7% |
| Operating profit (loss) | 9901 | €21,963 | €7,428 | -€14,536 | -66.2% |
| Financial charges | 65/66B | €117 | €468 | +€351 | +300% |
| Recurring financial charges | 65 | €117 | €468 | +€351 | +300% |
| Profit (loss) for the period before taxes | 9903 | €21,846 | €6,960 | -€14,887 | -68.1% |
| Profit (loss) for the period | 9904 | €21,846 | €6,960 | -€14,887 | -68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,846 | €6,960 | -€14,887 | -68.1% |
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 19 October 2026 via checked.be.