LOGGHE: 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.
LOGGHE
Largest movements
- Cash -€21,760
down €21,760 (-98.1%), from €22,171 to €412
mainly Net result for the year (-€47,519) and Smaller working-capital items (-€3)
- Tangible fixed assets -€10,333
down €10,333 (-1.5%), from €707,205 to €696,872
of which Plant, machinery and equipment: -€10,333
- Receivables within one year -€8,130
down €8,130 (-39.7%), from €20,457 to €12,327
of which Other amounts receivable: -€15,392
- Profit (loss) carried forward -€39,899
down €39,899, from €0 to -€39,899
- Gross operating margin -€46,770
down €46,770, from €34,977 to -€11,794
- Other operating charges +€15,793
up €15,793 (+353.2%), from €4,472 to €20,265
- Financial charges +€2,229
up €2,229 (+91.9%), from €2,426 to €4,655
- Depreciation -€1,000
down €1,000 (-8.8%), from €11,333 to €10,333
- Staff costs -€389
down €389 (-43.8%), from €888 to €499
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 | €787,728 | €747,517 | -€40,211 | -5.1% |
| Fixed assets | 21/28 | €707,205 | €696,872 | -€10,333 | -1.5% |
| Tangible fixed assets | 22/27 | €707,205 | €696,872 | -€10,333 | -1.5% |
| Land and buildings | 22 | €690,276 | €690,276 | = | 0.0% |
| Plant, machinery and equipment | 23 | €16,930 | €6,596 | -€10,333 | -61.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €80,523 | €50,645 | -€29,878 | -37.1% |
| Amounts receivable within one year | 40/41 | €20,457 | €12,327 | -€8,130 | -39.7% |
| Trade receivables | 40 | €0 | €7,263 | +€7,263 | |
| Other amounts receivable | 41 | €20,457 | €5,064 | -€15,392 | -75.2% |
| Current investments | 50/53 | €37,089 | €37,089 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,171 | €412 | -€21,760 | -98.1% |
| Deferred charges and accrued income | 490/1 | €806 | €817 | +€11 | +1.4% |
| Total equity and liabilities | 10/49 | €787,728 | €747,517 | -€40,211 | -5.1% |
| Equity | 10/15 | €44,299 | -€3,220 | -€47,519 | |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €19,510 | €11,890 | -€7,620 | -39.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €11,890 | €11,890 | = | 0.0% |
| Distributable reserves | 133 | €7,620 | €0 | -€7,620 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | -€39,899 | -€39,899 | |
| Provisions and deferred taxes | 16 | €600,000 | €600,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €600,000 | €600,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €600,000 | €600,000 | = | 0.0% |
| Amounts payable | 17/49 | €143,429 | €150,737 | +€7,308 | +5.1% |
| Amounts payable after more than one year | 17 | €142,587 | €146,587 | +€4,000 | +2.8% |
| Other amounts payable | 178/9 | €142,587 | €146,587 | +€4,000 | +2.8% |
| Amounts payable within one year | 42/48 | €842 | €4,150 | +€3,308 | +392.7% |
| Trade debts | 44 | €842 | €4,141 | +€3,299 | +391.7% |
| Suppliers | 440/4 | €842 | €4,141 | +€3,299 | +391.7% |
| Taxes, remuneration and social security | 45 | - | €8 | +€8 | |
| Taxes | 450/3 | - | €8 | +€8 | |
| Remuneration, social security and pensions | 62 | €888 | €499 | -€389 | -43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,333 | €10,333 | -€1,000 | -8.8% |
| Other operating charges | 640/8 | €4,472 | €20,265 | +€15,793 | +353.2% |
| Gross operating margin | 9900 | €34,977 | -€11,794 | -€46,770 | |
| Operating profit (loss) | 9901 | €18,284 | -€42,890 | -€61,174 | |
| Financial income | 75/76B | €127 | €27 | -€100 | -78.9% |
| Recurring financial income | 75 | €127 | €27 | -€100 | -78.9% |
| Financial charges | 65/66B | €2,426 | €4,655 | +€2,229 | +91.9% |
| Recurring financial charges | 65 | €2,426 | €4,655 | +€2,229 | +91.9% |
| Profit (loss) for the period before taxes | 9903 | €15,984 | -€47,519 | -€63,503 | |
| Profit (loss) for the period | 9904 | €15,984 | -€47,519 | -€63,503 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,984 | -€47,519 | -€63,503 |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.