Le Logis Dourois: 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.
What changed
Le Logis Dourois
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€82,224
2024 · -€138,013+€220,238
Equity
€14.6m
2024 · €14.6m-€81,297
Cash
€3.3m
2024 · €3.5m-€112,923
Balance sheet total
€36.3m
2024 · €38.1m-€1.8m
Largest movements
Assets
- Receivables after one year -€1.0m
down €1.0m (-15.6%), from €6.7m to €5.6m
- Tangible fixed assets -€456,772
down €456,772 (-1.7%), from €26.8m to €26.3m
of which Assets under construction and advance payments: -€1.1m
Equity and liabilities
- Debts after one year -€1.4m
down €1.4m (-9.7%), from €14.4m to €13.0m
Income statement
- Staff costs +€190,429
up €190,429 (+18.7%), from €1.0m to €1.2m
- Financial charges -€158,958
down €158,958 (-25.9%), from €614,402 to €455,443
- Provisions -€113,630
down €113,630, from €42,790 to -€70,840
- Gross operating margin +€108,752
up €108,752 (+4.9%), from €2.2m to €2.3m
- Depreciation +€78,553
up €78,553 (+11.5%), from €685,871 to €764,424
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.
Result 2024
-€138,013
Gross operating margin
+€108,752
Staff costs
-€190,429
Depreciation
-€78,553
Write-downs
+€18,630
Provisions
+€113,630
Other operating charges
-€7,301
Other operating items
+€97,902
Financial income
-€2,975
Financial charges
+€158,958
Taxes
+€164
Deferred taxes and other
+€1,460
Result 2025
€82,224
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.8m
Investment
-€336,397
Financing
-€1.5m
Cash 2024
€3.5m
From operations (derived)
+€1.8m
Net result for the year
+€82,224
Depreciation
+€764,424
Receivables after one year
+€1.0m
Stocks and contracts
+€6,108
Receivables within one year
+€131,851
Deferred charges and accrued income
+€34,008
Provisions
-€71,403
Trade debts
-€162,695
Tax, wage and social debts
-€9,786
Other debts
+€126,985
Accrued charges and deferred income
-€175,734
Investment (derived)
-€336,397
Investment in fixed assets (net)
-€336,397
Financing
-€1.5m
Debts after one year
-€1.4m
Current portion of long-term debt
-€18,546
Short-term financial debts
+€36,320
Contributions, distributions and other
-€163,521
Cash 2025
€3.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,064,524 | €36,309,431 | -€1.8m | -4.6% |
| Fixed assets | 21/28 | €26,764,909 | €26,336,882 | -€428,027 | -1.6% |
| Intangible fixed assets | 21 | - | €28,745 | +€28,745 | |
| Tangible fixed assets | 22/27 | €26,764,909 | €26,308,137 | -€456,772 | -1.7% |
| Land and buildings | 22 | €25,390,440 | €26,025,994 | +€635,554 | +2.5% |
| Plant, machinery and equipment | 23 | €1,631 | €1,065 | -€566 | -34.7% |
| Furniture and vehicles | 24 | €15,363 | €52,361 | +€36,998 | +241% |
| Assets under construction and advance payments | 27 | €1,357,476 | €228,717 | -€1.1m | -83.2% |
| Current assets | 29/58 | €11,299,615 | €9,972,549 | -€1.3m | -11.7% |
| Amounts receivable after more than one year | 29 | €6,664,897 | €5,622,722 | -€1.0m | -15.6% |
| Other amounts receivable | 291 | €6,664,897 | €5,622,722 | -€1.0m | -15.6% |
| Stocks and contracts in progress | 3 | €60,250 | €54,142 | -€6,108 | -10.1% |
| Stocks | 30/36 | €60,250 | €54,142 | -€6,108 | -10.1% |
| Amounts receivable within one year | 40/41 | €1,029,139 | €897,287 | -€131,851 | -12.8% |
| Trade receivables | 40 | €154,212 | €92,090 | -€62,122 | -40.3% |
| Other amounts receivable | 41 | €874,926 | €805,197 | -€69,729 | -8.0% |
| Cash at bank and in hand | 54/58 | €3,460,523 | €3,347,600 | -€112,923 | -3.3% |
| Deferred charges and accrued income | 490/1 | €84,806 | €50,798 | -€34,008 | -40.1% |
| Total equity and liabilities | 10/49 | €38,064,524 | €36,309,431 | -€1.8m | -4.6% |
| Equity | 10/15 | €14,645,404 | €14,564,108 | -€81,297 | -0.6% |
| Contributions | 10/11 | €17,100 | €17,100 | = | 0.0% |
| Reserves | 13 | €665,880 | €655,182 | -€10,698 | -1.6% |
| Non-distributable reserves | 130/1 | €136,450 | €136,450 | = | 0.0% |
| Reserves not available under the articles | 1311 | €136,450 | €136,450 | = | 0.0% |
| Tax-exempt reserves | 132 | €529,430 | €518,732 | -€10,698 | -2.0% |
| Profit (loss) carried forward | 14 | €1,541,102 | €1,634,024 | +€92,922 | +6.0% |
| Investment grants | 15 | €12,421,323 | €12,257,802 | -€163,521 | -1.3% |
| Provisions and deferred taxes | 16 | €569,717 | €498,314 | -€71,403 | -12.5% |
| Provisions for liabilities and charges | 160/5 | €545,510 | €474,670 | -€70,840 | -13.0% |
| Major repairs and maintenance | 162 | €525,510 | €421,670 | -€103,840 | -19.8% |
| Other liabilities and charges | 164/5 | €20,000 | €53,000 | +€33,000 | +165% |
| Deferred taxes | 168 | €24,207 | €23,644 | -€563 | -2.3% |
| Amounts payable | 17/49 | €22,849,403 | €21,247,010 | -€1.6m | -7.0% |
| Amounts payable after more than one year | 17 | €14,434,748 | €13,035,810 | -€1.4m | -9.7% |
| Financial debts | 170/4 | €14,434,748 | €13,035,810 | -€1.4m | -9.7% |
| Amounts payable within one year | 42/48 | €2,871,473 | €2,843,752 | -€27,721 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €1,406,946 | €1,388,400 | -€18,546 | -1.3% |
| Financial debts | 43 | €730,751 | €767,071 | +€36,320 | +5.0% |
| Credit institutions | 430/8 | €730,751 | €767,071 | +€36,320 | +5.0% |
| Trade debts | 44 | €528,161 | €365,466 | -€162,695 | -30.8% |
| Suppliers | 440/4 | €528,161 | €365,466 | -€162,695 | -30.8% |
| Taxes, remuneration and social security | 45 | €147,463 | €137,677 | -€9,786 | -6.6% |
| Taxes | 450/3 | €12,876 | €14,250 | +€1,374 | +10.7% |
| Remuneration and social security | 454/9 | €134,587 | €123,427 | -€11,160 | -8.3% |
| Other amounts payable | 47/48 | €58,153 | €185,138 | +€126,985 | +218% |
| Accrued charges and deferred income | 492/3 | €5,543,182 | €5,367,448 | -€175,734 | -3.2% |
| Non-recurring operating income | 76A | €5,810 | €125 | -€5,685 | -97.8% |
| Remuneration, social security and pensions | 62 | €1,019,118 | €1,209,547 | +€190,429 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €685,871 | €764,424 | +€78,553 | +11.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,903 | €3,272 | -€18,630 | -85.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €42,790 | -€70,840 | -€113,630 | |
| Other operating charges | 640/8 | €297,160 | €304,461 | +€7,301 | +2.5% |
| Non-recurring operating charges | 66A | €182,284 | €84,382 | -€97,902 | -53.7% |
| Gross operating margin | 9900 | €2,213,357 | €2,322,109 | +€108,752 | +4.9% |
| Operating profit (loss) | 9901 | -€35,768 | €26,862 | +€62,631 | |
| Financial income | 75/76B | €514,725 | €511,750 | -€2,975 | -0.6% |
| Recurring financial income | 75 | €514,725 | €511,750 | -€2,975 | -0.6% |
| Financial charges | 65/66B | €614,402 | €455,443 | -€158,958 | -25.9% |
| Recurring financial charges | 65 | €614,402 | €455,443 | -€158,958 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | -€135,445 | €83,169 | +€218,614 | |
| Transfer from deferred taxes | 780 | €563 | €563 | = | 0.0% |
| Transfer to deferred taxes | 680 | €1,460 | €0 | -€1,460 | -100% |
| Income taxes | 67/77 | €1,672 | €1,508 | -€164 | -9.8% |
| Profit (loss) for the period | 9904 | -€138,013 | €82,224 | +€220,238 | |
| Transfer from tax-exempt reserves | 789 | €10,698 | €10,698 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €4,554 | €0 | -€4,554 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€131,870 | €92,922 | +€224,792 |
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 27 October 2026 via checked.be.