YSR 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.
YSR LOGISTICS
Largest movements
- Tangible fixed assets +€25,339
up €25,339 (+30.6%), from €82,796 to €108,135
- Cash +€8,891
up €8,891 (+38.5%), from €23,084 to €31,975
mainly Depreciation (+€37,410) and Debts after one year (+€33,427)
- Deferred charges and accrued income -€7,211
down €7,211 (-80.9%), from €8,918 to €1,707
- Receivables within one year -€3,780
down €3,780 (-4.5%), from €84,441 to €80,661
of which Trade receivables: -€7,455
- Debts after one year +€33,427
up €33,427 (+65.0%), from €51,423 to €84,851
- Profit (loss) carried forward -€22,809
no longer reported in 2025 (was €22,809)
- Other debts +€10,572
up €10,572 (+57.8%), from €18,282 to €28,854
- Current portion of long-term debt +€4,933
up €4,933 (+11.8%), from €41,943 to €46,876
- Trade debts -€3,568
down €3,568 (-28.0%), from €12,755 to €9,187
- Gross operating margin -€51,069
down €51,069 (-23.0%), from €222,376 to €171,307
- Staff costs -€23,336
down €23,336 (-25.5%), from €91,515 to €68,179
- Other operating charges -€8,382
down €8,382 (-16.6%), from €50,404 to €42,021
- Taxes -€3,382
down €3,382 (-25.7%), from €13,146 to €9,764
- Depreciation -€2,348
down €2,348 (-5.9%), from €39,758 to €37,410
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 | €199,239 | €222,477 | +€23,239 | +11.7% |
| Fixed assets | 21/28 | €82,796 | €108,135 | +€25,339 | +30.6% |
| Tangible fixed assets | 22/27 | €82,796 | €108,135 | +€25,339 | +30.6% |
| Furniture and vehicles | 24 | €82,796 | €108,135 | +€25,339 | +30.6% |
| Current assets | 29/58 | €116,443 | €114,342 | -€2,100 | -1.8% |
| Amounts receivable within one year | 40/41 | €84,441 | €80,661 | -€3,780 | -4.5% |
| Trade receivables | 40 | €71,360 | €63,905 | -€7,455 | -10.4% |
| Other amounts receivable | 41 | €13,081 | €16,756 | +€3,675 | +28.1% |
| Cash at bank and in hand | 54/58 | €23,084 | €31,975 | +€8,891 | +38.5% |
| Deferred charges and accrued income | 490/1 | €8,918 | €1,707 | -€7,211 | -80.9% |
| Total equity and liabilities | 10/49 | €199,239 | €222,477 | +€23,239 | +11.7% |
| Equity | 10/15 | €42,809 | €20,000 | -€22,809 | -53.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,809 | - | -€22,809 | |
| Amounts payable | 17/49 | €156,430 | €202,477 | +€46,048 | +29.4% |
| Amounts payable after more than one year | 17 | €51,423 | €84,851 | +€33,427 | +65.0% |
| Financial debts | 170/4 | €51,423 | €84,851 | +€33,427 | +65.0% |
| Amounts payable within one year | 42/48 | €105,006 | €117,506 | +€12,500 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €41,943 | €46,876 | +€4,933 | +11.8% |
| Trade debts | 44 | €12,755 | €9,187 | -€3,568 | -28.0% |
| Suppliers | 440/4 | €12,755 | €9,187 | -€3,568 | -28.0% |
| Taxes, remuneration and social security | 45 | €32,026 | €32,590 | +€564 | +1.8% |
| Taxes | 450/3 | €19,133 | €20,031 | +€898 | +4.7% |
| Remuneration and social security | 454/9 | €12,894 | €12,559 | -€334 | -2.6% |
| Other amounts payable | 47/48 | €18,282 | €28,854 | +€10,572 | +57.8% |
| Accrued charges and deferred income | 492/3 | - | €120 | +€120 | |
| Remuneration, social security and pensions | 62 | €91,515 | €68,179 | -€23,336 | -25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,758 | €37,410 | -€2,348 | -5.9% |
| Other operating charges | 640/8 | €50,404 | €42,021 | -€8,382 | -16.6% |
| Gross operating margin | 9900 | €222,376 | €171,307 | -€51,069 | -23.0% |
| Operating profit (loss) | 9901 | €40,700 | €23,698 | -€17,002 | -41.8% |
| Financial income | 75/76B | €0 | €2 | +€2 | +1,900% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +1,900% |
| Financial charges | 65/66B | €4,744 | €6,355 | +€1,611 | +33.9% |
| Recurring financial charges | 65 | €4,744 | €6,355 | +€1,611 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | €35,955 | €17,345 | -€18,611 | -51.8% |
| Income taxes | 67/77 | €13,146 | €9,764 | -€3,382 | -25.7% |
| Profit (loss) for the period | 9904 | €22,809 | €7,580 | -€15,229 | -66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,809 | €7,580 | -€15,229 | -66.8% |
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 16 October 2026 via checked.be.