Logadvice: 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.
Logadvice
Largest movements
- Cash +€111,331
up €111,331 (+17.1%), from €652,240 to €763,572
mainly Net result for the year (+€131,389) and Trade debts (+€3,372)
- Receivables within one year +€14,163
up €14,163 (+24.3%), from €58,343 to €72,506
of which Other amounts receivable: +€13,761
- Reserves +€131,389
up €131,389 (+20.3%), from €647,635 to €779,025
of which Distributable reserves: +€131,389
- Tax, wage and social debts -€9,755
down €9,755 (-23.2%), from €42,104 to €32,349
No income-statement line moved by more than 1% of the activity.
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €715,773 | €840,779 | +€125,006 | +17.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €4,381 | €3,042 | -€1,339 | -30.6% |
| Tangible fixed assets | 22/27 | €4,356 | €3,017 | -€1,339 | -30.7% |
| Furniture and vehicles | 24 | €4,356 | €3,017 | -€1,339 | -30.7% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €711,392 | €837,737 | +€126,345 | +17.8% |
| Amounts receivable within one year | 40/41 | €58,343 | €72,506 | +€14,163 | +24.3% |
| Trade receivables | 40 | €45,672 | €46,075 | +€403 | +0.9% |
| Other amounts receivable | 41 | €12,671 | €26,431 | +€13,761 | +109% |
| Cash at bank and in hand | 54/58 | €652,240 | €763,572 | +€111,331 | +17.1% |
| Deferred charges and accrued income | 490/1 | €809 | €1,659 | +€850 | +105% |
| Total equity and liabilities | 10/49 | €715,773 | €840,779 | +€125,006 | +17.5% |
| Equity | 10/15 | €670,416 | €801,805 | +€131,389 | +19.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €647,635 | €779,025 | +€131,389 | +20.3% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €645,780 | €777,170 | +€131,389 | +20.3% |
| Profit (loss) carried forward | 14 | €10,380 | €10,380 | = | 0.0% |
| Amounts payable | 17/49 | €45,357 | €38,974 | -€6,383 | -14.1% |
| Amounts payable within one year | 42/48 | €45,357 | €38,974 | -€6,383 | -14.1% |
| Trade debts | 44 | €3,253 | €6,625 | +€3,372 | +104% |
| Suppliers | 440/4 | €3,253 | €6,625 | +€3,372 | +104% |
| Taxes, remuneration and social security | 45 | €42,104 | €32,349 | -€9,755 | -23.2% |
| Taxes | 450/3 | €42,104 | €32,349 | -€9,755 | -23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,407 | €1,339 | -€68 | -4.9% |
| Other operating charges | 640/8 | €401 | €1,119 | +€718 | +179% |
| Gross operating margin | 9900 | €192,179 | €190,281 | -€1,897 | -1.0% |
| Operating profit (loss) | 9901 | €190,371 | €187,824 | -€2,547 | -1.3% |
| Financial income | 75/76B | €766 | €1,412 | +€646 | +84.4% |
| Recurring financial income | 75 | €766 | €1,412 | +€646 | +84.4% |
| Financial charges | 65/66B | €18 | €259 | +€241 | +1,372% |
| Recurring financial charges | 65 | €18 | €259 | +€241 | +1,372% |
| Profit (loss) for the period before taxes | 9903 | €191,119 | €188,977 | -€2,142 | -1.1% |
| Income taxes | 67/77 | €57,275 | €57,588 | +€312 | +0.5% |
| Profit (loss) for the period | 9904 | €133,844 | €131,389 | -€2,454 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €133,844 | €131,389 | -€2,454 | -1.8% |
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 18 October 2026 via checked.be.