Magazine Indispensable Setting the course for the future Weathering the tariff storm Sustainable, strong, connected A platform for visionaries Valuable partners Ramping up security Making a difference A strong link To Our Shareholders Board of Management & Supervisory Board Foreword by the Board of Management The Board of Management Report of the Supervisory Board 2025 Annual financial statements and management report BLG AG Statement of profit or loss Balance sheet Notes for the 2025 financial year General disclosures Disclosures on recognition and measurement Balance sheet disclosures Disclosures on the statement of profit or loss Other disclosures Related party disclosures Board of Management and Supervisory Board Combined Management Report Fundamental information about the company Report on economic position The BLG share Corporate governance statement Takeover-related disclosures in accordance with Section 315a (1) HGB Remuneration report and remuneration system Risk report Outlook Responsibility Statement of the Legal Representatives Independent Auditor’s Report Management Report Fundamentals Ownership structure Business model and organizational structure Changes in group of consolidated companies Research and development Relevant legal and economic factors Group management Management and oversight Report on Economic Position Macroeconomic conditions Situation in the logistics sector Board of Management’s overall assessment of the economic environment Assets, liabilities, financial position and profit or loss Opportunity and risk report Principles Compliance and risk management system with the internal control system (ICS) Integrated risk, compliance and ICS approach Description of the main features of the ICS System effectiveness Opportunities Risks Assessment of the overall risk situation Outlook Future direction of the Group Expected macroeconomic conditions Development of BLG LOGISTICS in the following year Non-financial statement General information Sustainability governance Sustainability strategy Environment E1-Climate Change E5-Resource Use and Circular Economy Social S1-Own Workforce S2-Workers in the Value Chain Governance G1-Business Conduct Other content ESRS Index List of datapoints from other EU legislation EUROGATE Financial Statements Financial Statements Combined Statement of Profit or Loss Combined Statement of Comprehensive Income Combined Statement of Financial Position Combined Statement of Changes in Equity Combined Statement of Cash Flows Notes to the Combined Financial Statements Principles 1. Principles of Combined Group Accounting Segment Reporting and Operating Earnings 2. Operations of the BLG Group 3. Notes on Segment Reporting 4. Revenue from Contracts with Customers 5. Other Operating Income 6. Cost of Materials 7. Personnel Expenses 8. Depreciation, Amortization and Impairment of Non-current Intangible Assets, Property, Plant and Equipment and Right-of-Use Assets from Leases 9. Other Operating Expense 10. Net Income (Net Loss) of Companies Accounted for Using the Equity Method 11. Net Interest Income (Expense) Assets and Leases 12. Intangible Assets 13. Property, Plant and Equipment 14. Leases 15. Equity Investments in Companies Accounted for Using the Equity Method 16. Finance Receivables 17. Inventories 18. Trade Receivables, Other Assets and Assets Held for Sale 19. Cash and Cash Equivalents Capital Structure 20. Equity 21. Earnings per Share BLG AG 22. Dividend per Share 23. Non-current Loans 24. Other Financial Liabilities 25. Deferred Income for Government Grants 26. Non-current Provisions 27. Trade Payables 28. Other Financial and Non-financial Liabilities 29. Current Provisions 30. Contingent Liabilities 31. Other Financial Obligations Financial Instruments 32. Financial Instruments Income Taxes 33. Income Taxes 34. Income Taxes on Income and Expense Recognized Directly in Equity 35. Reimbursement Rights from Income Taxes 36. Payment Obligations from Income Taxes Notes to the Combined Statement of Cash Flows 37. Notes to the Combined Statement of Cash Flows Group Structure and Consolidation Principles 38. Basis of Consolidation 39. Consolidation Principles 40. Changes in Group of Consolidated Companies 41. Non-controlling interests in companies 42. Non-consolidated Structured Companies 43. Currency Translation 44. Related Party Disclosures Other Notes 45. Voting Rights Notifications 46. Supervisory Board and Board of Management 47. Events after the Reporting Period 48. Remuneration of the Group Auditor 49. German Corporate Governance Code Shareholdings of BLG LOGISTICS Others Responsibility Statement of the Legal Representatives Independent Auditor’s Report Further information Corporate bodies The Supervisory Board and its mandates The Board of Management and its mandates The Advisory Board Financial calendar Key figures for BLG LOGISTICS