LOGARYTHME: 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.
LOGARYTHME
Largest movements
- Cash +€11,514
up €11,514 (+25.8%), from €44,625 to €56,139
mainly Net result for the year (+€17,530) and Trade debts (+€2,725)
- Receivables within one year -€2,647
down €2,647 (-50.5%), from €5,241 to €2,594
of which Trade receivables: -€2,647
- Profit (loss) carried forward +€17,530
up €17,530 (+23.0%), from -€76,069 to -€58,539
- Tax, wage and social debts -€12,171
down €12,171 (-83.7%), from €14,537 to €2,365
of which Taxes: -€12,171
- Trade debts +€2,725
up €2,725 (+121%), from €2,252 to €4,977
- Taxes -€26,837
down €26,837, from €13,418 to -€13,418
- Turnover -€8,391
down €8,391 (-10.0%), from €83,860 to €75,469
- Gross operating margin -€7,362
down €7,362 (-57.3%), from €12,856 to €5,494
- Purchases and services -€4,502
down €4,502 (-6.0%), from €75,343 to €70,841
- Other operating charges -€1,078
down €1,078 (-61.4%), from €1,755 to €677
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 | €50,366 | €58,806 | +€8,439 | +16.8% |
| Fixed assets | 21/28 | €501 | €73 | -€428 | -85.5% |
| Tangible fixed assets | 22/27 | €501 | €73 | -€428 | -85.5% |
| Plant, machinery and equipment | 23 | €309 | €73 | -€236 | -76.5% |
| Furniture and vehicles | 24 | €192 | €0 | -€192 | -100% |
| Current assets | 29/58 | €49,866 | €58,733 | +€8,867 | +17.8% |
| Amounts receivable within one year | 40/41 | €5,241 | €2,594 | -€2,647 | -50.5% |
| Trade receivables | 40 | €5,241 | €2,594 | -€2,647 | -50.5% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €44,625 | €56,139 | +€11,514 | +25.8% |
| Total equity and liabilities | 10/49 | €50,366 | €58,806 | +€8,439 | +16.8% |
| Equity | 10/15 | -€22,309 | -€4,779 | +€17,530 | +78.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €41,360 | €41,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €41,360 | €41,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,069 | -€58,539 | +€17,530 | +23.0% |
| Amounts payable | 17/49 | €72,675 | €63,584 | -€9,091 | -12.5% |
| Amounts payable after more than one year | 17 | €53,386 | €53,648 | +€262 | +0.5% |
| Other amounts payable | 178/9 | €53,386 | €53,648 | +€262 | +0.5% |
| Amounts payable within one year | 42/48 | €19,289 | €9,936 | -€9,353 | -48.5% |
| Trade debts | 44 | €2,252 | €4,977 | +€2,725 | +121% |
| Suppliers | 440/4 | €2,252 | €4,977 | +€2,725 | +121% |
| Advances received on contracts in progress | 46 | €2,500 | €2,594 | +€94 | +3.8% |
| Taxes, remuneration and social security | 45 | €14,537 | €2,365 | -€12,171 | -83.7% |
| Taxes | 450/3 | €14,537 | €2,365 | -€12,171 | -83.7% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Turnover | 70 | €83,860 | €75,469 | -€8,391 | -10.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €75,343 | €70,841 | -€4,502 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €693 | €428 | -€265 | -38.2% |
| Other operating charges | 640/8 | €1,755 | €677 | -€1,078 | -61.4% |
| Gross operating margin | 9900 | €12,856 | €5,494 | -€7,362 | -57.3% |
| Operating profit (loss) | 9901 | €10,408 | €4,389 | -€6,019 | -57.8% |
| Financial income | 75/76B | €333 | - | -€333 | |
| Recurring financial income | 75 | €333 | - | -€333 | |
| Financial charges | 65/66B | €471 | €277 | -€194 | -41.1% |
| Recurring financial charges | 65 | €471 | €277 | -€194 | -41.1% |
| Profit (loss) for the period before taxes | 9903 | €10,270 | €4,112 | -€6,158 | -60.0% |
| Income taxes | 67/77 | €13,418 | -€13,418 | -€26,837 | |
| Profit (loss) for the period | 9904 | -€3,149 | €17,530 | +€20,679 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,149 | €17,530 | +€20,679 |
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.