VERSLUYS 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.
VERSLUYS LOGISTICS
Largest movements
- Tangible fixed assets +€176,523
up €176,523 (+2.2%), from €8.1m to €8.3m
of which Land and buildings: +€176,523
- Other debts +€1.2m
up €1.2m (+10.6%), from €11.0m to €12.2m
- Profit (loss) carried forward -€1.1m
down €1.1m (-44.1%), from -€2.4m to -€3.5m
- Trade debts +€140,776
up €140,776 (+50.1%), from €280,804 to €421,580
- Turnover -€420,184
down €420,184 (-67.9%), from €618,870 to €198,687
- Gross operating margin -€163,381
down €163,381, from €64,136 to -€99,245
- Financial charges +€27,049
up €27,049 (+7.2%), from €373,388 to €400,436
- Purchases and services -€19,780
down €19,780 (-3.6%), from €554,735 to €534,955
- Depreciation +€12,189
up €12,189 (+2.5%), from €479,974 to €492,163
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 | €8,955,747 | €9,135,138 | +€179,391 | +2.0% |
| Fixed assets | 21/28 | €8,797,176 | €8,966,786 | +€169,610 | +1.9% |
| Intangible fixed assets | 21 | €581,893 | €574,980 | -€6,913 | -1.2% |
| Tangible fixed assets | 22/27 | €8,146,083 | €8,322,606 | +€176,523 | +2.2% |
| Land and buildings | 22 | €8,146,083 | €8,322,606 | +€176,523 | +2.2% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €69,200 | €69,200 | = | 0.0% |
| Current assets | 29/58 | €158,571 | €168,352 | +€9,781 | +6.2% |
| Amounts receivable within one year | 40/41 | €182 | €49,871 | +€49,690 | +27377.2% |
| Trade receivables | 40 | €182 | €37,795 | +€37,614 | +20724.0% |
| Other amounts receivable | 41 | €0 | €12,076 | +€12,076 | |
| Cash at bank and in hand | 54/58 | €157,688 | €118,481 | -€39,207 | -24.9% |
| Deferred charges and accrued income | 490/1 | €701 | - | -€701 | |
| Total equity and liabilities | 10/49 | €8,955,747 | €9,135,138 | +€179,391 | +2.0% |
| Equity | 10/15 | -€2,372,259 | -€3,446,742 | -€1.1m | -45.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,433,759 | -€3,508,242 | -€1.1m | -44.1% |
| Amounts payable | 17/49 | €11,328,006 | €12,581,880 | +€1.3m | +11.1% |
| Amounts payable within one year | 42/48 | €11,286,333 | €12,581,880 | +€1.3m | +11.5% |
| Trade debts | 44 | €280,804 | €421,580 | +€140,776 | +50.1% |
| Suppliers | 440/4 | €280,804 | €421,580 | +€140,776 | +50.1% |
| Taxes, remuneration and social security | 45 | €8,512 | - | -€8,512 | |
| Taxes | 450/3 | €8,512 | - | -€8,512 | |
| Other amounts payable | 47/48 | €10,997,017 | €12,160,300 | +€1.2m | +10.6% |
| Accrued charges and deferred income | 492/3 | €41,673 | - | -€41,673 | |
| Turnover | 70 | €618,870 | €198,687 | -€420,184 | -67.9% |
| Non-recurring operating income | 76A | - | €237,023 | +€237,023 | |
| Goods, raw materials, services and sundry goods | 60/61 | €554,735 | €534,955 | -€19,780 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €479,974 | €492,163 | +€12,189 | +2.5% |
| Other operating charges | 640/8 | €81,276 | €82,639 | +€1,363 | +1.7% |
| Gross operating margin | 9900 | €64,136 | -€99,245 | -€163,381 | |
| Operating profit (loss) | 9901 | -€497,114 | -€674,048 | -€176,934 | -35.6% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €373,388 | €400,436 | +€27,049 | +7.2% |
| Recurring financial charges | 65 | €373,388 | €400,436 | +€27,049 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | -€870,502 | -€1,074,483 | -€203,981 | -23.4% |
| Profit (loss) for the period | 9904 | -€870,502 | -€1,074,483 | -€203,981 | -23.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€870,502 | -€1,074,483 | -€203,981 | -23.4% |
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.