Logghe-Staessens: what changed
What changed
Logghe-Staessens
NACE 69.102, Activities of notaries
filed annual accounts (NBB)
Net result for the year
€711,038
2024 · €599,628+€111,410
Equity
€441,128
2024 · €1.7m-€1.3m
Cash
€4.1m
2024 · €6.0m-€2.0m
Balance sheet total
€4.9m
2024 · €7.6m-€2.6m
Largest movements
Assets
- Cash -€2.0m
down €2.0m (-32.7%), from €6.0m to €4.1m
mainly Contributions, distributions and other (-€2.0m) and Advances received (-€1.1m)
- Current investments -€542,592
down €542,592 (-45.5%), from €1.2m to €650,000
- Receivables within one year -€82,404
down €82,404 (-41.5%), from €198,670 to €116,267
of which Other amounts receivable: -€48,870
Equity and liabilities
- Reserves -€1.3m
down €1.3m (-96.8%), from €1.3m to €41,128
of which Distributable reserves: -€1.3m
- Advances received -€1.1m
down €1.1m (-49.2%), from €2.2m to €1.1m
- Other debts -€882,953
down €882,953 (-28.4%), from €3.1m to €2.2m
- Tax, wage and social debts +€596,950
up €596,950 (+118%), from €503,969 to €1.1m
of which Taxes: +€349,017
Income statement
- Gross operating margin +€213,826
up €213,826 (+23.2%), from €920,892 to €1.1m
- Staff costs +€49,444
up €49,444 (+47.7%), from €103,678 to €153,122
- Taxes +€34,576
up €34,576 (+17.6%), from €196,835 to €231,412
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.
Result 2024
€599,628
Gross operating margin
+€213,826
Staff costs
-€49,444
Depreciation
+€565
Other operating charges
-€101
Other operating items
-€8,500
Financial income
-€4,243
Financial charges
-€6,117
Taxes
-€34,576
Result 2025
€711,038
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€536,690
Investment
+€531,624
Financing
-€2.0m
Cash 2024
€6.0m
From operations (derived)
-€536,690
Net result for the year
+€711,038
Depreciation
+€39,927
Receivables within one year
+€82,404
Smaller working-capital items
-€1,769
Tax, wage and social debts
+€596,950
Advances received
-€1.1m
Other debts
-€882,953
Accrued charges and deferred income
-€5,474
Investment (derived)
+€531,624
Investment in fixed assets (net)
-€10,968
Current investments
+€542,592
Financing
-€2.0m
Contributions, distributions and other
-€2.0m
Cash 2025
€4.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,563,998 | €4,941,498 | -€2.6m | -34.7% |
| Fixed assets | 21/28 | €144,975 | €116,016 | -€28,959 | -20.0% |
| Tangible fixed assets | 22/27 | €144,950 | €115,991 | -€28,959 | -20.0% |
| Plant, machinery and equipment | 23 | €4,519 | €4,781 | +€262 | +5.8% |
| Furniture and vehicles | 24 | €107,222 | €90,832 | -€16,390 | -15.3% |
| Other tangible fixed assets | 26 | €33,210 | €20,379 | -€12,831 | -38.6% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €7,419,023 | €4,825,482 | -€2.6m | -35.0% |
| Amounts receivable within one year | 40/41 | €198,670 | €116,267 | -€82,404 | -41.5% |
| Trade receivables | 40 | €122,837 | €89,304 | -€33,534 | -27.3% |
| Other amounts receivable | 41 | €75,833 | €26,963 | -€48,870 | -64.4% |
| Current investments | 50/53 | €1,192,592 | €650,000 | -€542,592 | -45.5% |
| Cash at bank and in hand | 54/58 | €6,027,609 | €4,059,057 | -€2.0m | -32.7% |
| Deferred charges and accrued income | 490/1 | €151 | €158 | +€7 | +4.6% |
| Total equity and liabilities | 10/49 | €7,563,998 | €4,941,498 | -€2.6m | -34.7% |
| Equity | 10/15 | €1,693,577 | €441,128 | -€1.3m | -74.0% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €1,293,577 | €41,128 | -€1.3m | -96.8% |
| Tax-exempt reserves | 132 | €306 | €306 | = | 0.0% |
| Distributable reserves | 133 | €1,293,271 | €40,822 | -€1.3m | -96.8% |
| Amounts payable | 17/49 | €5,870,421 | €4,500,370 | -€1.4m | -23.3% |
| Amounts payable within one year | 42/48 | €5,832,602 | €4,468,024 | -€1.4m | -23.4% |
| Trade debts | 44 | €33,582 | €31,820 | -€1,762 | -5.2% |
| Suppliers | 440/4 | €33,582 | €31,820 | -€1,762 | -5.2% |
| Advances received on contracts in progress | 46 | €2,188,327 | €1,111,514 | -€1.1m | -49.2% |
| Taxes, remuneration and social security | 45 | €503,969 | €1,100,919 | +€596,950 | +118% |
| Taxes | 450/3 | €29,895 | €378,912 | +€349,017 | +1,167% |
| Remuneration and social security | 454/9 | €474,074 | €722,007 | +€247,933 | +52.3% |
| Other amounts payable | 47/48 | €3,106,724 | €2,223,771 | -€882,953 | -28.4% |
| Accrued charges and deferred income | 492/3 | €37,819 | €32,346 | -€5,474 | -14.5% |
| Non-recurring operating income | 76A | €12,417 | - | -€12,417 | |
| Remuneration, social security and pensions | 62 | €103,678 | €153,122 | +€49,444 | +47.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,492 | €39,927 | -€565 | -1.4% |
| Other operating charges | 640/8 | €18,173 | €18,274 | +€101 | +0.6% |
| Non-recurring operating charges | 66A | - | €8,500 | +€8,500 | |
| Gross operating margin | 9900 | €920,892 | €1,134,719 | +€213,826 | +23.2% |
| Operating profit (loss) | 9901 | €758,549 | €914,895 | +€156,346 | +20.6% |
| Financial income | 75/76B | €75,528 | €71,285 | -€4,243 | -5.6% |
| Recurring financial income | 75 | €75,528 | €71,285 | -€4,243 | -5.6% |
| Financial charges | 65/66B | €37,614 | €43,731 | +€6,117 | +16.3% |
| Recurring financial charges | 65 | €37,614 | €43,731 | +€6,117 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | €796,463 | €942,449 | +€145,986 | +18.3% |
| Income taxes | 67/77 | €196,835 | €231,412 | +€34,576 | +17.6% |
| Profit (loss) for the period | 9904 | €599,628 | €711,038 | +€111,410 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €599,628 | €711,038 | +€111,410 | +18.6% |
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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 8 November 2026 via checked.be.