T&I 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.
T&I LOGISTICS
Largest movements
- Receivables within one year +€50,513
up €50,513 (+62.2%), from €81,176 to €131,689
of which Other amounts receivable: +€27,968
- Tangible fixed assets -€23,707
down €23,707 (-33.3%), from €71,281 to €47,574
of which Furniture and vehicles: -€24,240
- Stocks and contracts +€11,000
new in 2025: €11,000
- Cash +€9,183
up €9,183 (+1,354%), from €678 to €9,862
mainly Trade debts (+€21,073) and Investment in fixed assets (net) (+€18,474)
- Deferred charges and accrued income +€2,114
up €2,114 (+102%), from €2,068 to €4,182
- Trade debts +€21,073
up €21,073 (+49.6%), from €42,491 to €63,564
- Profit (loss) carried forward +€12,695
up €12,695 (+123%), from €10,322 to €23,017
- Current portion of long-term debt +€12,499
up €12,499 (+56.7%), from €22,060 to €34,559
- Tax, wage and social debts +€9,584
up €9,584 (+56.4%), from €17,004 to €26,588
of which Taxes: +€18,311
- Debts after one year -€3,238
down €3,238 (-5.5%), from €59,049 to €55,810
- Staff costs -€26,758
down €26,758 (-66.9%), from €39,981 to €13,223
- Financial charges +€16,684
up €16,684 (+1,194%), from €1,397 to €18,081
of which Financial charges: +€16,684
- Other operating charges +€6,172
up €6,172 (+132%), from €4,660 to €10,832
- Gross operating margin +€5,473
up €5,473 (+8.9%), from €61,434 to €66,908
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 | €155,353 | €204,457 | +€49,104 | +31.6% |
| Fixed assets | 21/28 | €71,431 | €47,724 | -€23,707 | -33.2% |
| Tangible fixed assets | 22/27 | €71,281 | €47,574 | -€23,707 | -33.3% |
| Plant, machinery and equipment | 23 | €1,118 | €1,651 | +€533 | +47.7% |
| Furniture and vehicles | 24 | €70,163 | €45,923 | -€24,240 | -34.5% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €83,922 | €156,733 | +€72,810 | +86.8% |
| Stocks and contracts in progress | 3 | - | €11,000 | +€11,000 | |
| Stocks | 30/36 | - | €11,000 | +€11,000 | |
| Amounts receivable within one year | 40/41 | €81,176 | €131,689 | +€50,513 | +62.2% |
| Trade receivables | 40 | €77,607 | €100,152 | +€22,545 | +29.1% |
| Other amounts receivable | 41 | €3,569 | €31,537 | +€27,968 | +784% |
| Cash at bank and in hand | 54/58 | €678 | €9,862 | +€9,183 | +1,354% |
| Deferred charges and accrued income | 490/1 | €2,068 | €4,182 | +€2,114 | +102% |
| Total equity and liabilities | 10/49 | €155,353 | €204,457 | +€49,104 | +31.6% |
| Equity | 10/15 | €10,322 | €23,017 | +€12,695 | +123% |
| Profit (loss) carried forward | 14 | €10,322 | €23,017 | +€12,695 | +123% |
| Amounts payable | 17/49 | €145,031 | €181,440 | +€36,408 | +25.1% |
| Amounts payable after more than one year | 17 | €59,049 | €55,810 | -€3,238 | -5.5% |
| Financial debts | 170/4 | €59,049 | €55,810 | -€3,238 | -5.5% |
| Amounts payable within one year | 42/48 | €85,008 | €125,629 | +€40,621 | +47.8% |
| Current portion of amounts payable after more than one year | 42 | €22,060 | €34,559 | +€12,499 | +56.7% |
| Trade debts | 44 | €42,491 | €63,564 | +€21,073 | +49.6% |
| Suppliers | 440/4 | €42,491 | €63,564 | +€21,073 | +49.6% |
| Taxes, remuneration and social security | 45 | €17,004 | €26,588 | +€9,584 | +56.4% |
| Taxes | 450/3 | €2,302 | €20,613 | +€18,311 | +795% |
| Remuneration and social security | 454/9 | €14,702 | €5,975 | -€8,727 | -59.4% |
| Other amounts payable | 47/48 | €3,454 | €918 | -€2,536 | -73.4% |
| Accrued charges and deferred income | 492/3 | €975 | - | -€975 | |
| Remuneration, social security and pensions | 62 | €39,981 | €13,223 | -€26,758 | -66.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,079 | €5,232 | +€153 | +3.0% |
| Other operating charges | 640/8 | €4,660 | €10,832 | +€6,172 | +132% |
| Non-recurring operating charges | 66A | - | €6,853 | +€6,853 | |
| Gross operating margin | 9900 | €61,434 | €66,908 | +€5,473 | +8.9% |
| Operating profit (loss) | 9901 | €11,714 | €30,767 | +€19,053 | +163% |
| Financial income | 75/76B | €5 | €10 | +€5 | +100% |
| Recurring financial income | 75 | €5 | €10 | +€5 | +100% |
| Non-recurring financial income | 76B | €5 | €10 | +€5 | +100% |
| Financial charges | 65/66B | €1,397 | €18,081 | +€16,684 | +1,194% |
| Recurring financial charges | 65 | €1,397 | €18,081 | +€16,684 | +1,194% |
| Non-recurring financial charges | 66B | €1,397 | €18,081 | +€16,684 | +1,194% |
| Profit (loss) for the period before taxes | 9903 | €10,322 | €12,695 | +€2,373 | +23.0% |
| Profit (loss) for the period | 9904 | €10,322 | €12,695 | +€2,373 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,322 | €12,695 | +€2,373 | +23.0% |
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 13 October 2026 via checked.be.