10. Net Income (Net Loss) of Companies Accounted for Using the Equity Method

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**Net income (net loss) of companies accounted for using the equity method**
EUR thousand	2025	2024
Net income (net loss) of companies accounted for using the equity method
Joint ventures	59,154	63,166
Associates	1,436	1,225
Total	60,590	64,392

Income from joint ventures included the CONTAINER Division’s earnings of EUR 56,585 thousand (previous year: EUR 61,190 thousand).

Joint venture

Legally and organizationally independent company that is jointly established or acquired by at least two independent partners.

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Board of Management & Supervisory Board Foreword by the Board of Management
Board of Management & Supervisory Board The Board of Management
Board of Management & Supervisory Board Report of the Supervisory Board 2025
Annual financial statements and management report BLG AG Statement of profit or loss
Annual financial statements and management report BLG AG Balance sheet
Annual financial statements and management report BLG AG Notes for the 2025 financial year
Management Report Fundamentals
Fundamentals Ownership structure
Fundamentals Business model and organizational structure
Fundamentals Changes in group of consolidated companies
Fundamentals Research and development
Fundamentals Relevant legal and economic factors
Fundamentals Group management
Fundamentals Management and oversight
Report on Economic Position Macroeconomic conditions
Report on Economic Position Situation in the logistics sector
Report on Economic Position Board of Management’s overall assessment of the economic environment
Report on Economic Position Assets, liabilities, financial position and profit or loss
Opportunity and risk report Principles
Opportunity and risk report Compliance and risk management system with the internal control system (ICS)
Opportunity and risk report Integrated risk, compliance and ICS approach
Opportunity and risk report Description of the main features of the ICS
Opportunity and risk report System effectiveness
Opportunity and risk report Opportunities
Opportunity and risk report Risks
Opportunity and risk report Assessment of the overall risk situation
Outlook Future direction of the Group
Outlook Expected macroeconomic conditions
Outlook Development of BLG LOGISTICS in the following year
Non-financial statement General information
General information Sustainability governance
General information Sustainability strategy
Environment E1-Climate Change
Environment E5-Resource Use and Circular Economy
Social S1-Own Workforce
Social S2-Workers in the Value Chain
Governance G1-Business Conduct
Other content EUROGATE
Financial Statements Combined Statement of Profit or Loss
Financial Statements Combined Statement of Comprehensive Income
Corporate bodies The Supervisory Board and its mandates
Corporate bodies The Board of Management and its mandates
Further information Key figures for BLG LOGISTICS