LOGE10: 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.
LOGE10
Largest movements
- Cash +€20,789
up €20,789 (+31.5%), from €66,004 to €86,793
mainly Net result for the year (+€14,507) and Debts after one year (+€6,697)
- Reserves +€14,507
up €14,507 (+22.4%), from €64,720 to €79,227
of which Distributable reserves: +€14,507
- Debts after one year +€6,697
up €6,697 (+20.0%), from €33,469 to €40,166
- Turnover -€36,197
down €36,197 (-11.0%), from €327,953 to €291,756
- Gross operating margin +€6,424
up €6,424 (+17.9%), from €35,911 to €42,335
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 | €116,739 | €137,943 | +€21,204 | +18.2% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Current assets | 29/58 | €116,739 | €137,943 | +€21,204 | +18.2% |
| Amounts receivable within one year | 40/41 | €735 | €946 | +€211 | +28.7% |
| Trade receivables | 40 | €735 | €946 | +€211 | +28.7% |
| Current investments | 50/53 | €50,000 | €50,204 | +€204 | +0.4% |
| Cash at bank and in hand | 54/58 | €66,004 | €86,793 | +€20,789 | +31.5% |
| Total equity and liabilities | 10/49 | €116,739 | €137,943 | +€21,204 | +18.2% |
| Equity | 10/15 | €83,270 | €97,777 | +€14,507 | +17.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €64,720 | €79,227 | +€14,507 | +22.4% |
| 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 | €62,865 | €77,372 | +€14,507 | +23.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €33,469 | €40,166 | +€6,697 | +20.0% |
| Amounts payable after more than one year | 17 | €33,469 | €40,166 | +€6,697 | +20.0% |
| Financial debts | 170/4 | €33,469 | €40,166 | +€6,697 | +20.0% |
| Amounts payable within one year | 42/48 | €0 | €0 | = | |
| Turnover | 70 | €327,953 | €291,756 | -€36,197 | -11.0% |
| Remuneration, social security and pensions | 62 | €27,040 | €26,931 | -€109 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €0 | = | |
| Other operating charges | 640/8 | €655 | €1,060 | +€405 | +61.8% |
| Gross operating margin | 9900 | €35,911 | €42,335 | +€6,424 | +17.9% |
| Operating profit (loss) | 9901 | €8,216 | €14,344 | +€6,128 | +74.6% |
| Financial income | 75/76B | €116 | €292 | +€176 | +152% |
| Recurring financial income | 75 | €116 | €292 | +€176 | +152% |
| Non-recurring financial income | 76B | €0 | €0 | = | |
| Financial charges | 65/66B | €39 | €42 | +€3 | +7.7% |
| Recurring financial charges | 65 | €39 | €42 | +€3 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €8,293 | €14,594 | +€6,301 | +76.0% |
| Transfer from deferred taxes | 780 | €0 | €0 | = | |
| Transfer to deferred taxes | 680 | €0 | €0 | = | |
| Income taxes | 67/77 | €35 | €87 | +€52 | +149% |
| Profit (loss) for the period | 9904 | €8,258 | €14,507 | +€6,249 | +75.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,258 | €14,507 | +€6,249 | +75.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.