RB 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.
RB LOGISTICS
Largest movements
- Tangible fixed assets +€268,057
up €268,057 (+175.1%), from €153,097 to €421,154
of which Furniture and vehicles: +€268,557
- Receivables after one year +€250,000
new in 2025: €250,000
- Cash +€17,547
up €17,547 (+18.8%), from €93,191 to €110,738
mainly Other debts (+€250,000) and Debts after one year (+€219,103)
- Other debts +€250,000
up €250,000 (+441.6%), from €56,610 to €306,610
- Debts after one year +€219,103
up €219,103 (+455.7%), from €48,085 to €267,188
- Current portion of long-term debt +€60,816
up €60,816 (+321.7%), from €18,905 to €79,721
- Reserves +€8,791
up €8,791 (+12.6%), from €70,018 to €78,808
- Gross operating margin +€37,530
up €37,530 (+50.8%), from €73,909 to €111,439
- Other operating charges +€17,801
up €17,801 (+1138.8%), from €1,563 to €19,365
- Depreciation +€16,283
up €16,283 (+25.9%), from €62,910 to €79,193
- Financial charges +€3,178
up €3,178 (+348.0%), from €913 to €4,091
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 | €257,494 | €792,623 | +€535,129 | +207.8% |
| Fixed assets | 21/28 | €153,097 | €421,154 | +€268,057 | +175.1% |
| Tangible fixed assets | 22/27 | €153,097 | €421,154 | +€268,057 | +175.1% |
| Plant, machinery and equipment | 23 | €2,083 | €1,583 | -€500 | -24.0% |
| Furniture and vehicles | 24 | €151,014 | €419,571 | +€268,557 | +177.8% |
| Current assets | 29/58 | €104,397 | €371,469 | +€267,071 | +255.8% |
| Amounts receivable after more than one year | 29 | - | €250,000 | +€250,000 | |
| Trade receivables | 290 | - | €250,000 | +€250,000 | |
| Amounts receivable within one year | 40/41 | €10,779 | €6,000 | -€4,779 | -44.3% |
| Trade receivables | 40 | €9,279 | €0 | -€9,279 | -100.0% |
| Other amounts receivable | 41 | €1,500 | €6,000 | +€4,500 | +300.0% |
| Cash at bank and in hand | 54/58 | €93,191 | €110,738 | +€17,547 | +18.8% |
| Deferred charges and accrued income | 490/1 | €427 | €4,730 | +€4,303 | +1007.0% |
| Total equity and liabilities | 10/49 | €257,494 | €792,623 | +€535,129 | +207.8% |
| Equity | 10/15 | €120,018 | €128,808 | +€8,791 | +7.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €70,018 | €78,808 | +€8,791 | +12.6% |
| Distributable reserves | 133 | €70,018 | €78,808 | +€8,791 | +12.6% |
| Amounts payable | 17/49 | €137,477 | €663,814 | +€526,338 | +382.9% |
| Amounts payable after more than one year | 17 | €48,085 | €267,188 | +€219,103 | +455.7% |
| Financial debts | 170/4 | €48,085 | €267,188 | +€219,103 | +455.7% |
| Amounts payable within one year | 42/48 | €81,724 | €396,627 | +€314,903 | +385.3% |
| Current portion of amounts payable after more than one year | 42 | €18,905 | €79,721 | +€60,816 | +321.7% |
| Trade debts | 44 | €1,573 | €6,046 | +€4,473 | +284.4% |
| Suppliers | 440/4 | €1,573 | €6,046 | +€4,473 | +284.4% |
| Taxes, remuneration and social security | 45 | €4,637 | €4,249 | -€387 | -8.3% |
| Taxes | 450/3 | €4,637 | €4,249 | -€387 | -8.3% |
| Other amounts payable | 47/48 | €56,610 | €306,610 | +€250,000 | +441.6% |
| Accrued charges and deferred income | 492/3 | €7,668 | €0 | -€7,668 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,910 | €79,193 | +€16,283 | +25.9% |
| Other operating charges | 640/8 | €1,563 | €19,365 | +€17,801 | +1138.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €73,909 | €111,439 | +€37,530 | +50.8% |
| Operating profit (loss) | 9901 | €9,436 | €12,881 | +€3,446 | +36.5% |
| Financial charges | 65/66B | €913 | €4,091 | +€3,178 | +348.0% |
| Recurring financial charges | 65 | €913 | €4,091 | +€3,178 | +348.0% |
| Profit (loss) for the period before taxes | 9903 | €8,523 | €8,791 | +€268 | +3.1% |
| Profit (loss) for the period | 9904 | €8,523 | €8,791 | +€268 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,523 | €8,791 | +€268 | +3.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.