TEAM LOGISTIQUE: 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.
TEAM LOGISTIQUE
Largest movements
- Receivables within one year +€179,554
up €179,554 (+313%), from €57,420 to €236,974
of which Trade receivables: +€170,258
- Cash +€24,596
up €24,596 (+749%), from €3,285 to €27,880
mainly Trade debts (+€184,266) and Tax, wage and social debts (+€16,486)
- Tangible fixed assets -€3,288
down €3,288 (-36.5%), from €9,004 to €5,717
- Trade debts +€184,266
up €184,266 (+12,283%), from €1,500 to €185,766
- Tax, wage and social debts +€16,486
up €16,486 (+50.4%), from €32,705 to €49,191
of which Remuneration and social security: +€10,025
- Gross operating margin -€19,371
down €19,371 (-19.5%), from €99,106 to €79,735
- Staff costs -€17,373
down €17,373 (-20.1%), from €86,542 to €69,169
- Other operating charges +€1,883
up €1,883 (+42.1%), from €4,477 to €6,359
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 | €71,065 | €271,927 | +€200,862 | +283% |
| Fixed assets | 21/28 | €10,360 | €7,073 | -€3,288 | -31.7% |
| Tangible fixed assets | 22/27 | €9,004 | €5,717 | -€3,288 | -36.5% |
| Leasing and similar rights | 25 | €9,004 | €5,717 | -€3,288 | -36.5% |
| Financial fixed assets | 28 | €1,356 | €1,356 | = | 0.0% |
| Current assets | 29/58 | €60,705 | €264,855 | +€204,150 | +336% |
| Amounts receivable within one year | 40/41 | €57,420 | €236,974 | +€179,554 | +313% |
| Trade receivables | 40 | €52,472 | €222,730 | +€170,258 | +324% |
| Other amounts receivable | 41 | €4,949 | €14,245 | +€9,296 | +188% |
| Cash at bank and in hand | 54/58 | €3,285 | €27,880 | +€24,596 | +749% |
| Total equity and liabilities | 10/49 | €71,065 | €271,927 | +€200,862 | +283% |
| Equity | 10/15 | €36,860 | €36,970 | +€110 | +0.3% |
| Profit (loss) carried forward | 14 | €36,860 | €36,970 | +€110 | +0.3% |
| Amounts payable | 17/49 | €34,205 | €234,957 | +€200,752 | +587% |
| Amounts payable within one year | 42/48 | €34,205 | €234,957 | +€200,752 | +587% |
| Trade debts | 44 | €1,500 | €185,766 | +€184,266 | +12,283% |
| Suppliers | 440/4 | €1,500 | €185,766 | +€184,266 | +12,283% |
| Taxes, remuneration and social security | 45 | €32,705 | €49,191 | +€16,486 | +50.4% |
| Taxes | 450/3 | €20,262 | €26,723 | +€6,461 | +31.9% |
| Remuneration and social security | 454/9 | €12,443 | €22,468 | +€10,025 | +80.6% |
| Remuneration, social security and pensions | 62 | €86,542 | €69,169 | -€17,373 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,146 | €3,288 | -€858 | -20.7% |
| Other operating charges | 640/8 | €4,477 | €6,359 | +€1,883 | +42.1% |
| Gross operating margin | 9900 | €99,106 | €79,735 | -€19,371 | -19.5% |
| Operating profit (loss) | 9901 | €3,941 | €919 | -€3,022 | -76.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €511 | €456 | -€55 | -10.7% |
| Recurring financial charges | 65 | €511 | €456 | -€55 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €3,431 | €463 | -€2,968 | -86.5% |
| Income taxes | 67/77 | €1,207 | €353 | -€854 | -70.7% |
| Profit (loss) for the period | 9904 | €2,224 | €110 | -€2,114 | -95.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,224 | €110 | -€2,114 | -95.1% |
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 19 October 2026 via checked.be.