LOGE-TOIT: 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.
LOGE-TOIT
Largest movements
- Tangible fixed assets -€11,657
down €11,657 (-13.2%), from €88,600 to €76,943
- Cash -€3,593
down €3,593 (-28.9%), from €12,447 to €8,854
mainly Debts after one year (-€13,573) and Other debts (-€9,750)
- Stocks and contracts -€3,304
down €3,304 (-85.2%), from €3,879 to €575
- Receivables within one year +€2,387
up €2,387 (+176%), from €1,358 to €3,745
of which Trade receivables: +€1,716
- Debts after one year -€13,573
down €13,573 (-74.4%), from €18,247 to €4,674
- Profit (loss) carried forward +€10,285
up €10,285 (+10.3%), from -€99,875 to -€89,590
- Other debts -€9,750
down €9,750 (-9.6%), from €101,864 to €92,114
- Tax, wage and social debts -€3,293
down €3,293 (-60.7%), from €5,429 to €2,135
of which Taxes: -€1,788
- Trade debts -€1,101
down €1,101 (-48.2%), from €2,283 to €1,182
- Financial charges -€1,018
down €1,018 (-37.7%), from €2,704 to €1,686
- Gross operating margin -€344
down €344 (-1.3%), from €26,165 to €25,821
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 | €107,986 | €91,945 | -€16,041 | -14.9% |
| Fixed assets | 21/28 | €88,654 | €76,997 | -€11,657 | -13.1% |
| Tangible fixed assets | 22/27 | €88,600 | €76,943 | -€11,657 | -13.2% |
| Land and buildings | 22 | €77,524 | €71,915 | -€5,609 | -7.2% |
| Plant, machinery and equipment | 23 | €9,689 | €4,515 | -€5,173 | -53.4% |
| Furniture and vehicles | 24 | €1,388 | €513 | -€875 | -63.1% |
| Financial fixed assets | 28 | €54 | €54 | = | 0.0% |
| Current assets | 29/58 | €19,331 | €14,948 | -€4,384 | -22.7% |
| Stocks and contracts in progress | 3 | €3,879 | €575 | -€3,304 | -85.2% |
| Stocks | 30/36 | €3,879 | €575 | -€3,304 | -85.2% |
| Amounts receivable within one year | 40/41 | €1,358 | €3,745 | +€2,387 | +176% |
| Trade receivables | 40 | €1,358 | €3,074 | +€1,716 | +126% |
| Other amounts receivable | 41 | €0 | €671 | +€671 | |
| Cash at bank and in hand | 54/58 | €12,447 | €8,854 | -€3,593 | -28.9% |
| Deferred charges and accrued income | 490/1 | €1,648 | €1,774 | +€126 | +7.6% |
| Total equity and liabilities | 10/49 | €107,986 | €91,945 | -€16,041 | -14.9% |
| Equity | 10/15 | -€79,415 | -€69,130 | +€10,285 | +13.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,875 | -€89,590 | +€10,285 | +10.3% |
| Provisions and deferred taxes | 16 | €36,657 | €36,657 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €36,657 | €36,657 | = | 0.0% |
| Pensions and similar obligations | 160 | €36,657 | €36,657 | = | 0.0% |
| Amounts payable | 17/49 | €150,744 | €124,418 | -€26,326 | -17.5% |
| Amounts payable after more than one year | 17 | €18,247 | €4,674 | -€13,573 | -74.4% |
| Financial debts | 170/4 | €18,247 | €4,674 | -€13,573 | -74.4% |
| Amounts payable within one year | 42/48 | €132,497 | €119,744 | -€12,753 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €12,921 | €13,573 | +€652 | +5.0% |
| Trade debts | 44 | €2,283 | €1,182 | -€1,101 | -48.2% |
| Suppliers | 440/4 | €2,283 | €1,182 | -€1,101 | -48.2% |
| Advances received on contracts in progress | 46 | €10,000 | €10,740 | +€740 | +7.4% |
| Taxes, remuneration and social security | 45 | €5,429 | €2,135 | -€3,293 | -60.7% |
| Taxes | 450/3 | €3,924 | €2,135 | -€1,788 | -45.6% |
| Remuneration and social security | 454/9 | €1,505 | €0 | -€1,505 | -100% |
| Other amounts payable | 47/48 | €101,864 | €92,114 | -€9,750 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,605 | €11,657 | +€52 | +0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,158 | €2,221 | +€63 | +2.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €26,165 | €25,821 | -€344 | -1.3% |
| Operating profit (loss) | 9901 | €12,402 | €11,943 | -€459 | -3.7% |
| Financial income | 75/76B | €35 | €27 | -€8 | -22.6% |
| Recurring financial income | 75 | €35 | €27 | -€8 | -22.6% |
| Financial charges | 65/66B | €2,704 | €1,686 | -€1,018 | -37.7% |
| Recurring financial charges | 65 | €2,704 | €1,686 | -€1,018 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €9,734 | €10,285 | +€551 | +5.7% |
| Profit (loss) for the period | 9904 | €9,734 | €10,285 | +€551 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,734 | €10,285 | +€551 | +5.7% |
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 30 October 2026 via checked.be.