TD LOGISTIC PARK: 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.
TD LOGISTIC PARK
Largest movements
- Cash +€13,011
up €13,011 (+301.2%), from €4,320 to €17,330
mainly Depreciation (+€6,415) and Receivables within one year (+€5,000)
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges -€3,798
down €3,798 (-41.8%), from €9,075 to €5,277
- Gross operating margin -€2,367
down €2,367 (-14.3%), from €16,584 to €14,217
- Depreciation -€664
down €664 (-9.4%), from €7,078 to €6,415
- Financial income -€313
no longer reported in 2025 (was €313)
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 | €1,210,508 | €1,212,237 | +€1,729 | +0.1% |
| Fixed assets | 21/28 | €1,201,189 | €1,194,774 | -€6,415 | -0.5% |
| Tangible fixed assets | 22/27 | €1,201,189 | €1,194,774 | -€6,415 | -0.5% |
| Land and buildings | 22 | €1,199,387 | €1,193,392 | -€5,995 | -0.5% |
| Furniture and vehicles | 24 | €1,802 | €1,382 | -€420 | -23.3% |
| Current assets | 29/58 | €9,320 | €17,463 | +€8,144 | +87.4% |
| Amounts receivable after more than one year | 29 | - | €133 | +€133 | |
| Other amounts receivable | 291 | - | €133 | +€133 | |
| Amounts receivable within one year | 40/41 | €5,000 | - | -€5,000 | |
| Trade receivables | 40 | €5,000 | - | -€5,000 | |
| Cash at bank and in hand | 54/58 | €4,320 | €17,330 | +€13,011 | +301.2% |
| Total equity and liabilities | 10/49 | €1,210,508 | €1,212,237 | +€1,729 | +0.1% |
| Equity | 10/15 | €134,473 | €136,632 | +€2,159 | +1.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €6,426 | €6,426 | = | 0.0% |
| Distributable reserves | 133 | €6,426 | €6,426 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,047 | €30,206 | +€2,159 | +7.7% |
| Amounts payable | 17/49 | €1,076,035 | €1,075,605 | -€430 | 0.0% |
| Amounts payable within one year | 42/48 | €1,076,035 | €1,075,605 | -€430 | 0.0% |
| Trade debts | 44 | - | €605 | +€605 | |
| Suppliers | 440/4 | - | €605 | +€605 | |
| Taxes, remuneration and social security | 45 | €1,035 | - | -€1,035 | |
| Taxes | 450/3 | €1,035 | - | -€1,035 | |
| Other amounts payable | 47/48 | €1,075,000 | €1,075,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,078 | €6,415 | -€664 | -9.4% |
| Other operating charges | 640/8 | €9,075 | €5,277 | -€3,798 | -41.8% |
| Gross operating margin | 9900 | €16,584 | €14,217 | -€2,367 | -14.3% |
| Operating profit (loss) | 9901 | €432 | €2,526 | +€2,094 | +485.3% |
| Financial income | 75/76B | €313 | - | -€313 | |
| Recurring financial income | 75 | €313 | - | -€313 | |
| Financial charges | 65/66B | €487 | €367 | -€120 | -24.7% |
| Recurring financial charges | 65 | €487 | €367 | -€120 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €257 | €2,159 | +€1,901 | +738.4% |
| Profit (loss) for the period | 9904 | €257 | €2,159 | +€1,901 | +738.4% |
| Profit (loss) for the period to be appropriated | 9905 | €257 | €2,159 | +€1,901 | +738.4% |
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 10 October 2026 via checked.be.