Logeam: 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.
Logeam
Largest movements
- Tangible fixed assets +€1.0m
up €1.0m (+42.0%), from €2.4m to €3.5m
- Cash +€62,054
up €62,054 (+11.0%), from €562,730 to €624,783
mainly Debts after one year (+€1.1m) and Smaller working-capital items (+€726)
- Debts after one year +€1.1m
up €1.1m (+52.4%), from €2.1m to €3.2m
- Financial income -€9,961
down €9,961 (-100%), from €9,961 to €0
- Gross operating margin +€4,485
up €4,485 (+37.5%), from -€11,972 to -€7,487
- Other operating charges +€828
up €828 (+22.6%), from €3,664 to €4,493
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 | €3,001,309 | €4,085,464 | +€1.1m | +36.1% |
| Fixed assets | 21/28 | €2,430,408 | €3,451,958 | +€1.0m | +42.0% |
| Tangible fixed assets | 22/27 | €2,430,408 | €3,451,958 | +€1.0m | +42.0% |
| Land and buildings | 22 | €2,430,408 | €3,451,958 | +€1.0m | +42.0% |
| Current assets | 29/58 | €570,901 | €633,506 | +€62,605 | +11.0% |
| Amounts receivable within one year | 40/41 | €4,146 | €6,150 | +€2,003 | +48.3% |
| Trade receivables | 40 | €44 | €3,161 | +€3,117 | +7,166% |
| Other amounts receivable | 41 | €4,103 | €2,989 | -€1,114 | -27.2% |
| Cash at bank and in hand | 54/58 | €562,730 | €624,783 | +€62,054 | +11.0% |
| Deferred charges and accrued income | 490/1 | €4,025 | €2,573 | -€1,452 | -36.1% |
| Total equity and liabilities | 10/49 | €3,001,309 | €4,085,464 | +€1.1m | +36.1% |
| Equity | 10/15 | €756,772 | €744,699 | -€12,072 | -1.6% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,228 | -€55,301 | -€12,072 | -27.9% |
| Amounts payable | 17/49 | €2,244,538 | €3,340,764 | +€1.1m | +48.8% |
| Amounts payable after more than one year | 17 | €2,100,500 | €3,200,500 | +€1.1m | +52.4% |
| Other amounts payable | 178/9 | €2,100,500 | €3,200,500 | +€1.1m | +52.4% |
| Amounts payable within one year | 42/48 | €144,038 | €140,264 | -€3,773 | -2.6% |
| Trade debts | 44 | €128,163 | €123,112 | -€5,051 | -3.9% |
| Suppliers | 440/4 | €128,163 | €123,112 | -€5,051 | -3.9% |
| Taxes, remuneration and social security | 45 | €14,585 | €15,862 | +€1,278 | +8.8% |
| Taxes | 450/3 | €14,585 | €15,862 | +€1,278 | +8.8% |
| Other amounts payable | 47/48 | €1,290 | €1,290 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €3,664 | €4,493 | +€828 | +22.6% |
| Gross operating margin | 9900 | -€11,972 | -€7,487 | +€4,485 | +37.5% |
| Operating profit (loss) | 9901 | -€15,636 | -€11,980 | +€3,657 | +23.4% |
| Financial income | 75/76B | €9,961 | €0 | -€9,961 | -100% |
| Recurring financial income | 75 | €9,961 | €0 | -€9,961 | -100% |
| Financial charges | 65/66B | €69 | €93 | +€24 | +34.7% |
| Recurring financial charges | 65 | €69 | €93 | +€24 | +34.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,744 | -€12,072 | -€6,328 | -110% |
| Profit (loss) for the period | 9904 | -€5,744 | -€12,072 | -€6,328 | -110% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,744 | -€12,072 | -€6,328 | -110% |
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 24 October 2026 via checked.be.