Total Logistics Support: what changed
Two fiscal 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.
Total Logistics Support
Largest movements
- Receivables within one year +€5,165
up €5,165 (+912.7%), from €566 to €5,731
of which Trade receivables: +€5,731
- Tangible fixed assets -€2,421
down €2,421 (-16.8%), from €14,373 to €11,952
- Cash -€366
down €366 (-100.0%), from €366 to €0
mainly Receivables within one year (-€5,165) and Net result for the year (-€2,096)
- Tax, wage and social debts +€2,283
up €2,283 (+52.6%), from €4,342 to €6,625
- Reserves -€2,096
down €2,096 (-35.0%), from €5,985 to €3,889
- Short-term financial debts +€1,879
new in 2025: €1,879
- Trade debts +€261
up €261 (+53.1%), from €492 to €753
- Gross operating margin -€2,732
down €2,732 (-46.8%), from €5,838 to €3,106
- Taxes -€760
down €760 (-32.3%), from €2,351 to €1,591
- Financial charges +€757
up €757 (+385.8%), from €196 to €953
- Depreciation +€81
up €81 (+3.5%), from €2,340 to €2,421
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 | €23,305 | €25,684 | +€2,379 | +10.2% |
| Fixed assets | 21/28 | €14,373 | €11,952 | -€2,421 | -16.8% |
| Tangible fixed assets | 22/27 | €14,373 | €11,952 | -€2,421 | -16.8% |
| Plant, machinery and equipment | 23 | €14,373 | €11,952 | -€2,421 | -16.8% |
| Current assets | 29/58 | €8,932 | €13,731 | +€4,799 | +53.7% |
| Amounts receivable within one year | 40/41 | €566 | €5,731 | +€5,165 | +912.7% |
| Trade receivables | 40 | €0 | €5,731 | +€5,731 | |
| Other amounts receivable | 41 | €566 | €0 | -€566 | -100.0% |
| Cash at bank and in hand | 54/58 | €366 | €0 | -€366 | -100.0% |
| Deferred charges and accrued income | 490/1 | €8,000 | €8,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €23,305 | €25,684 | +€2,379 | +10.2% |
| Equity | 10/15 | €18,385 | €16,289 | -€2,096 | -11.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €5,985 | €3,889 | -€2,096 | -35.0% |
| Distributable reserves | 133 | €5,985 | €3,889 | -€2,096 | -35.0% |
| Amounts payable | 17/49 | €4,920 | €9,395 | +€4,475 | +91.0% |
| Amounts payable within one year | 42/48 | €4,920 | €9,395 | +€4,475 | +91.0% |
| Financial debts | 43 | - | €1,879 | +€1,879 | |
| Credit institutions | 430/8 | - | €1,879 | +€1,879 | |
| Trade debts | 44 | €492 | €753 | +€261 | +53.1% |
| Suppliers | 440/4 | €492 | €753 | +€261 | +53.1% |
| Taxes, remuneration and social security | 45 | €4,342 | €6,625 | +€2,283 | +52.6% |
| Taxes | 450/3 | €4,342 | €6,625 | +€2,283 | +52.6% |
| Other amounts payable | 47/48 | €86 | €138 | +€52 | +60.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,340 | €2,421 | +€81 | +3.5% |
| Other operating charges | 640/8 | €232 | €238 | +€6 | +2.4% |
| Gross operating margin | 9900 | €5,838 | €3,106 | -€2,732 | -46.8% |
| Operating profit (loss) | 9901 | €3,266 | €448 | -€2,819 | -86.3% |
| Financial charges | 65/66B | €196 | €953 | +€757 | +385.8% |
| Recurring financial charges | 65 | €196 | €953 | +€757 | +385.8% |
| Profit (loss) for the period before taxes | 9903 | €3,070 | -€505 | -€3,575 | |
| Income taxes | 67/77 | €2,351 | €1,591 | -€760 | -32.3% |
| Profit (loss) for the period | 9904 | €719 | -€2,096 | -€2,815 | |
| Profit (loss) for the period to be appropriated | 9905 | €719 | -€2,096 | -€2,815 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.