LA LOGGIA: 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.
LA LOGGIA
Largest movements
- Receivables within one year +€69,992
up €69,992 (+36.5%), from €191,692 to €261,683
of which Trade receivables: +€57,475
- Deferred charges and accrued income +€23,670
up €23,670 (+1,659%), from €1,427 to €25,097
- Tangible fixed assets +€9,943
up €9,943 (+5.6%), from €177,552 to €187,495
of which Furniture and vehicles: +€15,943
- Trade debts +€150,314
up €150,314 (+170%), from €88,464 to €238,778
- Debts after one year -€29,101
no longer reported in 2024 (was €29,101)
- Tax, wage and social debts -€17,107
down €17,107 (-30.0%), from €57,018 to €39,912
of which Taxes: -€20,561
- Profit (loss) carried forward +€7,947
up €7,947 (+4.8%), from €166,907 to €174,853
- Staff costs +€37,774
up €37,774 (+22.3%), from €169,376 to €207,150
- Gross operating margin +€22,231
up €22,231 (+8.9%), from €249,080 to €271,311
- Other operating charges -€11,776
down €11,776 (-39.5%), from €29,779 to €18,003
- Depreciation +€4,269
up €4,269 (+50.7%), from €8,419 to €12,688
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €496,230 | €604,905 | +€108,676 | +21.9% |
| Fixed assets | 21/28 | €180,181 | €190,124 | +€9,943 | +5.5% |
| Tangible fixed assets | 22/27 | €177,552 | €187,495 | +€9,943 | +5.6% |
| Land and buildings | 22 | €160,000 | €154,000 | -€6,000 | -3.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | 0.0% |
| Furniture and vehicles | 24 | €17,552 | €33,495 | +€15,943 | +90.8% |
| Financial fixed assets | 28 | €2,629 | €2,629 | = | 0.0% |
| Current assets | 29/58 | €316,049 | €414,781 | +€98,732 | +31.2% |
| Stocks and contracts in progress | 3 | €97,352 | €100,567 | +€3,216 | +3.3% |
| Stocks | 30/36 | €97,352 | €100,567 | +€3,216 | +3.3% |
| Amounts receivable within one year | 40/41 | €191,692 | €261,683 | +€69,992 | +36.5% |
| Trade receivables | 40 | €98,516 | €155,991 | +€57,475 | +58.3% |
| Other amounts receivable | 41 | €93,176 | €105,692 | +€12,517 | +13.4% |
| Cash at bank and in hand | 54/58 | €25,579 | €27,434 | +€1,855 | +7.3% |
| Deferred charges and accrued income | 490/1 | €1,427 | €25,097 | +€23,670 | +1,659% |
| Total equity and liabilities | 10/49 | €496,230 | €604,905 | +€108,676 | +21.9% |
| Equity | 10/15 | €187,367 | €195,313 | +€7,947 | +4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,907 | €174,853 | +€7,947 | +4.8% |
| Amounts payable | 17/49 | €308,863 | €409,592 | +€100,729 | +32.6% |
| Amounts payable after more than one year | 17 | €29,101 | - | -€29,101 | |
| Financial debts | 170/4 | €29,101 | - | -€29,101 | |
| Amounts payable within one year | 42/48 | €279,762 | €409,592 | +€129,830 | +46.4% |
| Current portion of amounts payable after more than one year | 42 | €32,431 | €29,485 | -€2,946 | -9.1% |
| Financial debts | 43 | €101,849 | €101,417 | -€432 | -0.4% |
| Credit institutions | 430/8 | €101,849 | €101,417 | -€432 | -0.4% |
| Trade debts | 44 | €88,464 | €238,778 | +€150,314 | +170% |
| Suppliers | 440/4 | €88,464 | €238,778 | +€150,314 | +170% |
| Taxes, remuneration and social security | 45 | €57,018 | €39,912 | -€17,107 | -30.0% |
| Taxes | 450/3 | €31,230 | €10,669 | -€20,561 | -65.8% |
| Remuneration and social security | 454/9 | €25,788 | €29,242 | +€3,454 | +13.4% |
| Non-recurring operating income | 76A | €680 | - | -€680 | |
| Remuneration, social security and pensions | 62 | €169,376 | €207,150 | +€37,774 | +22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,419 | €12,688 | +€4,269 | +50.7% |
| Other operating charges | 640/8 | €29,779 | €18,003 | -€11,776 | -39.5% |
| Gross operating margin | 9900 | €249,080 | €271,311 | +€22,231 | +8.9% |
| Operating profit (loss) | 9901 | €41,506 | €33,469 | -€8,037 | -19.4% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €20,560 | €20,623 | +€63 | +0.3% |
| Recurring financial charges | 65 | €20,560 | €20,623 | +€63 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €20,953 | €12,846 | -€8,106 | -38.7% |
| Income taxes | 67/77 | €5,910 | €4,900 | -€1,010 | -17.1% |
| Profit (loss) for the period | 9904 | €15,043 | €7,947 | -€7,096 | -47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,043 | €7,947 | -€7,096 | -47.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.