LOG2X: 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.
LOG2X
Largest movements
- Cash +€39,653
up €39,653 (+899.3%), from €4,409 to €44,063
mainly Net result for the year (+€33,944) and Tax, wage and social debts (+€16,953)
- Receivables within one year -€4,875
down €4,875 (-9.2%), from €52,718 to €47,843
of which Other amounts receivable: -€5,202
- Tangible fixed assets +€4,338
up €4,338 (+611.7%), from €709 to €5,047
- Reserves +€33,500
up €33,500 (+1801.1%), from €1,860 to €35,360
of which Distributable reserves: +€33,500
- Tax, wage and social debts +€16,953
up €16,953 (+3056.7%), from €555 to €17,507
- Trade debts -€11,781
down €11,781 (-42.9%), from €27,460 to €15,679
- Gross operating margin +€48,827
up €48,827 (+1500.3%), from €3,254 to €52,081
- Taxes +€16,371
up €16,371 (+2951.9%), from €555 to €16,926
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 | €57,837 | €96,953 | +€39,116 | +67.6% |
| Fixed assets | 21/28 | €709 | €5,047 | +€4,338 | +611.7% |
| Tangible fixed assets | 22/27 | €709 | €5,047 | +€4,338 | +611.7% |
| Furniture and vehicles | 24 | €709 | €5,047 | +€4,338 | +611.7% |
| Current assets | 29/58 | €57,128 | €91,906 | +€34,778 | +60.9% |
| Amounts receivable within one year | 40/41 | €52,718 | €47,843 | -€4,875 | -9.2% |
| Trade receivables | 40 | €47,517 | €47,843 | +€326 | +0.7% |
| Other amounts receivable | 41 | €5,202 | - | -€5,202 | |
| Cash at bank and in hand | 54/58 | €4,409 | €44,063 | +€39,653 | +899.3% |
| Total equity and liabilities | 10/49 | €57,837 | €96,953 | +€39,116 | +67.6% |
| Equity | 10/15 | €29,822 | €63,766 | +€33,944 | +113.8% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €35,360 | +€33,500 | +1801.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €33,500 | +€33,500 | |
| Profit (loss) carried forward | 14 | €15,362 | €15,806 | +€444 | +2.9% |
| Amounts payable | 17/49 | €28,015 | €33,187 | +€5,172 | +18.5% |
| Amounts payable within one year | 42/48 | €28,015 | €33,187 | +€5,172 | +18.5% |
| Trade debts | 44 | €27,460 | €15,679 | -€11,781 | -42.9% |
| Suppliers | 440/4 | €27,460 | €15,679 | -€11,781 | -42.9% |
| Taxes, remuneration and social security | 45 | €555 | €17,507 | +€16,953 | +3056.7% |
| Taxes | 450/3 | €555 | €17,507 | +€16,953 | +3056.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €829 | €751 | -€78 | -9.4% |
| Other operating charges | 640/8 | €537 | €400 | -€138 | -25.6% |
| Gross operating margin | 9900 | €3,254 | €52,081 | +€48,827 | +1500.3% |
| Operating profit (loss) | 9901 | €1,888 | €50,930 | +€49,043 | +2598.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €3 | €61 | +€58 | +1920.0% |
| Recurring financial charges | 65 | €3 | €61 | +€58 | +1920.0% |
| Profit (loss) for the period before taxes | 9903 | €1,885 | €50,870 | +€48,984 | +2598.3% |
| Income taxes | 67/77 | €555 | €16,926 | +€16,371 | +2951.9% |
| Profit (loss) for the period | 9904 | €1,331 | €33,944 | +€32,613 | +2450.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,331 | €33,944 | +€32,613 | +2450.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.