LogArt: 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.
LogArt
Largest movements
- Receivables within one year -€3,212
down €3,212 (-8.2%), from €39,008 to €35,797
of which Trade receivables: -€3,491
- Tax, wage and social debts -€2,102
down €2,102 (-54.8%), from €3,840 to €1,738
of which Remuneration and social security: -€2,227
- Trade debts -€1,698
no longer reported in 2025 (was €1,698)
- Gross operating margin -€20,630
down €20,630 (-66.4%), from €31,082 to €10,452
- Staff costs -€20,501
down €20,501 (-67.1%), from €30,561 to €10,061
- Financial income +€755
new in 2025: €755
- Taxes +€329
up €329 (+1906.3%), from €17 to €346
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 | €39,236 | €35,874 | -€3,361 | -8.6% |
| Current assets | 29/58 | €39,236 | €35,874 | -€3,361 | -8.6% |
| Amounts receivable within one year | 40/41 | €39,008 | €35,797 | -€3,212 | -8.2% |
| Trade receivables | 40 | €38,641 | €35,150 | -€3,491 | -9.0% |
| Other amounts receivable | 41 | €367 | €647 | +€279 | +76.1% |
| Cash at bank and in hand | 54/58 | €227 | €77 | -€150 | -65.9% |
| Total equity and liabilities | 10/49 | €39,236 | €35,874 | -€3,361 | -8.6% |
| Equity | 10/15 | €33,697 | €34,037 | +€339 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,360 | €6,360 | = | 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% |
| Distributable reserves | 133 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,737 | €9,077 | +€339 | +3.9% |
| Amounts payable | 17/49 | €5,538 | €1,838 | -€3,701 | -66.8% |
| Amounts payable within one year | 42/48 | €5,538 | €1,738 | -€3,801 | -68.6% |
| Trade debts | 44 | €1,698 | - | -€1,698 | |
| Suppliers | 440/4 | €1,698 | - | -€1,698 | |
| Taxes, remuneration and social security | 45 | €3,840 | €1,738 | -€2,102 | -54.8% |
| Taxes | 450/3 | - | €125 | +€125 | |
| Remuneration and social security | 454/9 | €3,840 | €1,613 | -€2,227 | -58.0% |
| Accrued charges and deferred income | 492/3 | - | €100 | +€100 | |
| Remuneration, social security and pensions | 62 | €30,561 | €10,061 | -€20,501 | -67.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €31,082 | €10,452 | -€20,630 | -66.4% |
| Operating profit (loss) | 9901 | €133 | -€8 | -€141 | |
| Financial income | 75/76B | - | €755 | +€755 | |
| Recurring financial income | 75 | - | €755 | +€755 | |
| Financial charges | 65/66B | €65 | €62 | -€3 | -4.4% |
| Recurring financial charges | 65 | €65 | €62 | -€3 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €68 | €685 | +€617 | +901.1% |
| Income taxes | 67/77 | €17 | €346 | +€329 | +1906.3% |
| Profit (loss) for the period | 9904 | €51 | €339 | +€288 | +562.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51 | €339 | +€288 | +562.6% |
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 12 October 2026 via checked.be.