TRT 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.
TRT LOGISTICS
Largest movements
- Deferred charges and accrued income -€13,081
down €13,081 (-85.6%), from €15,280 to €2,198
- Receivables within one year +€11,045
up €11,045 (+53.7%), from €20,550 to €31,595
of which Trade receivables: +€11,246
- Cash +€1,491
up €1,491 (+65.9%), from €2,260 to €3,751
mainly Deferred charges and accrued income (+€13,081) and Other debts (+€1,893)
- Other debts +€1,893
up €1,893 (+413.6%), from €458 to €2,351
- Tax, wage and social debts -€1,443
down €1,443 (-25.7%), from €5,621 to €4,178
of which Taxes: -€1,226
- Profit (loss) carried forward -€749
down €749 (-4.5%), from €16,499 to €15,750
- Turnover -€131,417
no longer reported in 2025 (was €131,417)
- Purchases and services -€122,864
no longer reported in 2025 (was €122,864)
- Gross operating margin -€6,191
down €6,191 (-59.4%), from €10,418 to €4,227
- Staff costs -€4,522
down €4,522 (-97.9%), from €4,617 to €95
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 | €39,040 | €38,494 | -€546 | -1.4% |
| Fixed assets | 21/28 | €950 | €950 | = | 0.0% |
| Financial fixed assets | 28 | €950 | €950 | = | 0.0% |
| Current assets | 29/58 | €38,090 | €37,544 | -€546 | -1.4% |
| Amounts receivable within one year | 40/41 | €20,550 | €31,595 | +€11,045 | +53.7% |
| Trade receivables | 40 | €12,805 | €24,052 | +€11,246 | +87.8% |
| Other amounts receivable | 41 | €7,745 | €7,543 | -€202 | -2.6% |
| Cash at bank and in hand | 54/58 | €2,260 | €3,751 | +€1,491 | +65.9% |
| Deferred charges and accrued income | 490/1 | €15,280 | €2,198 | -€13,081 | -85.6% |
| Total equity and liabilities | 10/49 | €39,040 | €38,494 | -€546 | -1.4% |
| Equity | 10/15 | €16,500 | €15,751 | -€749 | -4.5% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Contributions outside capital | 11 | - | €1 | +€1 | |
| Other | 1109/19 | - | €1 | +€1 | |
| Profit (loss) carried forward | 14 | €16,499 | €15,750 | -€749 | -4.5% |
| Amounts payable | 17/49 | €22,540 | €22,743 | +€203 | +0.9% |
| Amounts payable within one year | 42/48 | €22,540 | €22,743 | +€203 | +0.9% |
| Trade debts | 44 | €16,461 | €16,215 | -€246 | -1.5% |
| Suppliers | 440/4 | €16,461 | €16,215 | -€246 | -1.5% |
| Taxes, remuneration and social security | 45 | €5,621 | €4,178 | -€1,443 | -25.7% |
| Taxes | 450/3 | €5,404 | €4,178 | -€1,226 | -22.7% |
| Remuneration and social security | 454/9 | €218 | - | -€218 | |
| Other amounts payable | 47/48 | €458 | €2,351 | +€1,893 | +413.6% |
| Turnover | 70 | €131,417 | - | -€131,417 | |
| Goods, raw materials, services and sundry goods | 60/61 | €122,864 | - | -€122,864 | |
| Remuneration, social security and pensions | 62 | €4,617 | €95 | -€4,522 | -97.9% |
| Other operating charges | 640/8 | €902 | €807 | -€95 | -10.6% |
| Gross operating margin | 9900 | €10,418 | €4,227 | -€6,191 | -59.4% |
| Operating profit (loss) | 9901 | €4,899 | €3,325 | -€1,574 | -32.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,341 | €3,028 | +€687 | +29.3% |
| Recurring financial charges | 65 | €2,341 | €3,028 | +€687 | +29.3% |
| Profit (loss) for the period before taxes | 9903 | €2,558 | €297 | -€2,262 | -88.4% |
| Income taxes | 67/77 | - | €1,046 | +€1,046 | |
| Profit (loss) for the period | 9904 | €2,558 | -€749 | -€3,308 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,558 | -€749 | -€3,308 |
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 9 October 2026 via checked.be.