LOGGHE FRANK: what changed
LOGGHE FRANK
Largest movements
- Cash +€14,316
up €14,316 (+220%), from €6,503 to €20,819
mainly Net result for the year (+€13,644) and Depreciation (+€5,016)
- Tangible fixed assets +€2,166
up €2,166 (+17.4%), from €12,440 to €14,607
of which Furniture and vehicles: +€5,232
- Receivables within one year +€1,055
up €1,055 (+11.4%), from €9,291 to €10,346
of which Trade receivables: +€1,710
- Profit (loss) carried forward +€13,644
up €13,644 (+38.0%), from -€35,884 to -€22,240
- Other debts +€3,638
up €3,638 (+18.4%), from €19,756 to €23,394
- Trade debts +€2,854
up €2,854 (+101%), from €2,821 to €5,675
- Tax, wage and social debts -€2,123
down €2,123 (-59.8%), from €3,549 to €1,426
of which Taxes: -€2,482
- Gross operating margin +€7,112
up €7,112 (+32.2%), from €22,071 to €29,182
- Staff costs +€801
up €801 (+11.1%), from €7,234 to €8,035
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,243 | €50,415 | +€18,172 | +56.4% |
| Fixed assets | 21/28 | €12,440 | €14,607 | +€2,166 | +17.4% |
| Tangible fixed assets | 22/27 | €12,440 | €14,607 | +€2,166 | +17.4% |
| Plant, machinery and equipment | 23 | €11,374 | €9,070 | -€2,304 | -20.3% |
| Furniture and vehicles | 24 | €232 | €5,464 | +€5,232 | +2,255% |
| Other tangible fixed assets | 26 | €835 | €73 | -€761 | -91.2% |
| Current assets | 29/58 | €19,802 | €35,808 | +€16,006 | +80.8% |
| Stocks and contracts in progress | 3 | €3,380 | €3,800 | +€420 | +12.4% |
| Stocks | 30/36 | €3,380 | €3,800 | +€420 | +12.4% |
| Amounts receivable within one year | 40/41 | €9,291 | €10,346 | +€1,055 | +11.4% |
| Trade receivables | 40 | €7,467 | €9,177 | +€1,710 | +22.9% |
| Other amounts receivable | 41 | €1,824 | €1,169 | -€655 | -35.9% |
| Cash at bank and in hand | 54/58 | €6,503 | €20,819 | +€14,316 | +220% |
| Deferred charges and accrued income | 490/1 | €628 | €843 | +€215 | +34.2% |
| Total equity and liabilities | 10/49 | €32,243 | €50,415 | +€18,172 | +56.4% |
| Equity | 10/15 | -€13,884 | -€240 | +€13,644 | +98.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,884 | -€22,240 | +€13,644 | +38.0% |
| Amounts payable | 17/49 | €46,126 | €50,655 | +€4,528 | +9.8% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €26,126 | €30,655 | +€4,528 | +17.3% |
| Trade debts | 44 | €2,821 | €5,675 | +€2,854 | +101% |
| Suppliers | 440/4 | €2,821 | €5,675 | +€2,854 | +101% |
| Advances received on contracts in progress | 46 | - | €160 | +€160 | |
| Taxes, remuneration and social security | 45 | €3,549 | €1,426 | -€2,123 | -59.8% |
| Taxes | 450/3 | €3,232 | €750 | -€2,482 | -76.8% |
| Remuneration and social security | 454/9 | €317 | €675 | +€359 | +113% |
| Other amounts payable | 47/48 | €19,756 | €23,394 | +€3,638 | +18.4% |
| Remuneration, social security and pensions | 62 | €7,234 | €8,035 | +€801 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,994 | €5,016 | +€22 | +0.4% |
| Other operating charges | 640/8 | €2,198 | €2,404 | +€206 | +9.4% |
| Gross operating margin | 9900 | €22,071 | €29,182 | +€7,112 | +32.2% |
| Operating profit (loss) | 9901 | €7,644 | €13,727 | +€6,083 | +79.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -57.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -57.7% |
| Financial charges | 65/66B | €107 | €84 | -€24 | -22.1% |
| Recurring financial charges | 65 | €107 | €84 | -€24 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €7,537 | €13,644 | +€6,106 | +81.0% |
| Profit (loss) for the period | 9904 | €7,537 | €13,644 | +€6,106 | +81.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,537 | €13,644 | +€6,106 | +81.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.