b-logic: what changed
Two fiscal 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.
b-logic
Largest movements
- Cash -€7,585
down €7,585 (-96.7%), from €7,841 to €256
mainly Trade debts (-€7,493) and Investment in fixed assets (net) (-€4,631)
- Tangible fixed assets +€4,311
up €4,311 (+411.1%), from €1,049 to €5,360
of which Land and buildings: +€3,516
- Receivables within one year +€902
up €902 (+4.2%), from €21,263 to €22,165
of which Trade receivables: +€641
- Trade debts -€7,493
down €7,493 (-52.9%), from €14,152 to €6,659
- Profit (loss) carried forward +€5,746
up €5,746 (+22.4%), from -€25,645 to -€19,899
- Tax, wage and social debts -€460
down €460 (-97.4%), from €473 to €12
- Gross operating margin -€1,360
down €1,360 (-16.3%), from €8,367 to €7,006
- Depreciation -€143
down €143 (-30.8%), from €463 to €321
- Financial charges -€125
down €125 (-49.0%), from €256 to €131
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 | €31,413 | €29,107 | -€2,306 | -7.3% |
| Fixed assets | 21/28 | €1,049 | €5,360 | +€4,311 | +411.1% |
| Tangible fixed assets | 22/27 | €1,049 | €5,360 | +€4,311 | +411.1% |
| Land and buildings | 22 | €7 | €3,524 | +€3,516 | +47136.5% |
| Plant, machinery and equipment | 23 | - | €1,034 | +€1,034 | |
| Furniture and vehicles | 24 | €1,041 | €801 | -€240 | -23.0% |
| Current assets | 29/58 | €30,364 | €23,747 | -€6,617 | -21.8% |
| Amounts receivable within one year | 40/41 | €21,263 | €22,165 | +€902 | +4.2% |
| Trade receivables | 40 | €21,263 | €21,903 | +€641 | +3.0% |
| Other amounts receivable | 41 | €0 | €261 | +€261 | |
| Cash at bank and in hand | 54/58 | €7,841 | €256 | -€7,585 | -96.7% |
| Deferred charges and accrued income | 490/1 | €1,260 | €1,327 | +€67 | +5.3% |
| Total equity and liabilities | 10/49 | €31,413 | €29,107 | -€2,306 | -7.3% |
| Equity | 10/15 | -€17,538 | -€11,791 | +€5,746 | +32.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,907 | €1,907 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,907 | €1,907 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,645 | -€19,899 | +€5,746 | +22.4% |
| Amounts payable | 17/49 | €48,951 | €40,898 | -€8,052 | -16.5% |
| Amounts payable within one year | 42/48 | €48,951 | €40,898 | -€8,052 | -16.5% |
| Trade debts | 44 | €14,152 | €6,659 | -€7,493 | -52.9% |
| Suppliers | 440/4 | €14,152 | €6,659 | -€7,493 | -52.9% |
| Taxes, remuneration and social security | 45 | €473 | €12 | -€460 | -97.4% |
| Taxes | 450/3 | €473 | €12 | -€460 | -97.4% |
| Other amounts payable | 47/48 | €34,325 | €34,226 | -€99 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €463 | €321 | -€143 | -30.8% |
| Other operating charges | 640/8 | €571 | €610 | +€39 | +6.9% |
| Gross operating margin | 9900 | €8,367 | €7,006 | -€1,360 | -16.3% |
| Operating profit (loss) | 9901 | €7,333 | €6,076 | -€1,257 | -17.1% |
| Financial income | 75/76B | €7 | €0 | -€7 | -99.7% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -99.7% |
| Financial charges | 65/66B | €256 | €131 | -€125 | -49.0% |
| Recurring financial charges | 65 | €256 | €131 | -€125 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | €7,084 | €5,945 | -€1,139 | -16.1% |
| Income taxes | 67/77 | €186 | €199 | +€13 | +6.8% |
| Profit (loss) for the period | 9904 | €6,898 | €5,746 | -€1,152 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,898 | €5,746 | -€1,152 | -16.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.