LOGELEC: what changed
Two fiscal 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.
LOGELEC
Largest movements
- Cash -€36,831
down €36,831 (-52.5%), from €70,211 to €33,380
mainly Trade debts (-€31,622) and Receivables within one year (-€9,006)
- Receivables within one year +€9,006
up €9,006 (+57.7%), from €15,620 to €24,627
of which Trade receivables: +€10,478
- Trade debts -€31,622
down €31,622 (-76.1%), from €41,550 to €9,928
- Profit (loss) carried forward +€3,797
up €3,797 (+11.9%), from €31,867 to €35,664
- Gross operating margin -€20,329
down €20,329 (-47.6%), from €42,717 to €22,388
- Staff costs +€12,347
up €12,347 (+414.1%), from €2,982 to €15,329
- Purchases and services +€10,894
up €10,894 (+7.2%), from €150,360 to €161,254
- Turnover -€9,434
down €9,434 (-4.9%), from €193,076 to €183,642
- Taxes -€6,944
down €6,944 (-86.3%), from €8,046 to €1,102
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 | €86,099 | €58,275 | -€27,825 | -32.3% |
| Fixed assets | 21/28 | €268 | €268 | = | 0.0% |
| Financial fixed assets | 28 | €268 | €268 | = | 0.0% |
| Current assets | 29/58 | €85,831 | €58,007 | -€27,825 | -32.4% |
| Amounts receivable within one year | 40/41 | €15,620 | €24,627 | +€9,006 | +57.7% |
| Trade receivables | 40 | €10,500 | €20,978 | +€10,478 | +99.8% |
| Other amounts receivable | 41 | €5,121 | €3,649 | -€1,472 | -28.7% |
| Cash at bank and in hand | 54/58 | €70,211 | €33,380 | -€36,831 | -52.5% |
| Total equity and liabilities | 10/49 | €86,099 | €58,275 | -€27,825 | -32.3% |
| Equity | 10/15 | €32,867 | €36,664 | +€3,797 | +11.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,867 | €35,664 | +€3,797 | +11.9% |
| Amounts payable | 17/49 | €53,232 | €21,610 | -€31,622 | -59.4% |
| Amounts payable within one year | 42/48 | €53,232 | €21,610 | -€31,622 | -59.4% |
| Trade debts | 44 | €41,550 | €9,928 | -€31,622 | -76.1% |
| Suppliers | 440/4 | €41,550 | €9,928 | -€31,622 | -76.1% |
| Advances received on contracts in progress | 46 | - | €200 | +€200 | |
| Taxes, remuneration and social security | 45 | €8,677 | €9,316 | +€639 | +7.4% |
| Taxes | 450/3 | €8,046 | €9,149 | +€1,102 | +13.7% |
| Remuneration and social security | 454/9 | €631 | €167 | -€463 | -73.5% |
| Other amounts payable | 47/48 | €3,005 | €2,167 | -€838 | -27.9% |
| Turnover | 70 | €193,076 | €183,642 | -€9,434 | -4.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €150,360 | €161,254 | +€10,894 | +7.2% |
| Remuneration, social security and pensions | 62 | €2,982 | €15,329 | +€12,347 | +414.1% |
| Other operating charges | 640/8 | - | €339 | +€339 | |
| Gross operating margin | 9900 | €42,717 | €22,388 | -€20,329 | -47.6% |
| Operating profit (loss) | 9901 | €39,735 | €6,720 | -€33,015 | -83.1% |
| Financial income | 75/76B | €192 | €44 | -€148 | -76.9% |
| Recurring financial income | 75 | €192 | €44 | -€148 | -76.9% |
| Financial charges | 65/66B | €14 | €1,865 | +€1,851 | +13465.2% |
| Recurring financial charges | 65 | €14 | €1,865 | +€1,851 | +13465.2% |
| Profit (loss) for the period before taxes | 9903 | €39,914 | €4,899 | -€35,014 | -87.7% |
| Income taxes | 67/77 | €8,046 | €1,102 | -€6,944 | -86.3% |
| Profit (loss) for the period | 9904 | €31,867 | €3,797 | -€28,070 | -88.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,867 | €3,797 | -€28,070 | -88.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.