LOGI - TECHNIC: 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.
What changed
LOGI - TECHNIC
NACE 33.200, Installation of industrial machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€666,760
2024 · €7.5m-€6.8m
Equity
€8.7m
2024 · €24.9m-€16.2m
Cash
€4.3m
2024 · €27.5m-€23.2m
Balance sheet total
€17.4m
2024 · €35.0m-€17.6m
Largest movements
Assets
- Cash -€23.2m
down €23.2m (-84.4%), from €27.5m to €4.3m
mainly Contributions, distributions and other (-€16.9m) and Receivables within one year (-€5.3m)
- Receivables within one year +€5.3m
up €5.3m (+132.4%), from €4.0m to €9.4m
of which Other amounts receivable: +€4.3m
- Intangible fixed assets +€420,394
up €420,394 (+36.2%), from €1.2m to €1.6m
Equity and liabilities
- Profit (loss) carried forward -€15.9m
down €15.9m (-96.2%), from €16.6m to €633,422
- Other debts -€726,437
down €726,437 (-18.2%), from €4.0m to €3.3m
- Trade debts -€488,089
down €488,089 (-23.1%), from €2.1m to €1.6m
Income statement
- Financial income -€6.9m
down €6.9m (-88.5%), from €7.8m to €898,412
of which Non-recurring financial income: -€7.1m
- Turnover -€1.9m
down €1.9m (-5.2%), from €36.8m to €34.9m
- Goods and materials -€1.1m
down €1.1m (-24.8%), from €4.4m to €3.3m
- Services and other goods -€687,482
down €687,482 (-7.4%), from €9.3m to €8.6m
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.
Result 2024
€7.5m
Turnover
-€1.9m
Other operating income
-€141,805
Goods and materials
+€1.1m
Services and other goods
+€687,482
Staff costs
+€349,522
Depreciation
-€239,451
Write-downs
-€223,422
Other operating charges
+€286,769
Other operating items
+€155,446
Financial income
-€6.9m
Financial charges
+€289,327
Taxes
-€263,494
Result 2025
€666,760
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.
From operations
-€5.1m
Investment
-€1.2m
Financing
-€16.9m
Cash 2024
€27.5m
From operations (derived)
-€5.1m
Net result for the year
+€666,760
Depreciation
+€817,540
Receivables within one year
-€5.3m
Smaller working-capital items
-€2,984
Trade debts
-€488,089
Tax, wage and social debts
-€74,385
Other debts
-€726,437
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€1.2m
Financing
-€16.9m
Contributions, distributions and other
-€16.9m
Cash 2025
€4.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,997,050 | €17,444,281 | -€17.6m | -50.2% |
| Fixed assets | 21/28 | €2,650,916 | €2,984,736 | +€333,821 | +12.6% |
| Intangible fixed assets | 21 | €1,159,925 | €1,580,320 | +€420,394 | +36.2% |
| Tangible fixed assets | 22/27 | €1,484,790 | €1,398,216 | -€86,574 | -5.8% |
| Plant, machinery and equipment | 23 | €1,233,003 | €1,081,591 | -€151,412 | -12.3% |
| Furniture and vehicles | 24 | €232,104 | €272,868 | +€40,764 | +17.6% |
| Other tangible fixed assets | 26 | €19,683 | €43,757 | +€24,074 | +122.3% |
| Financial fixed assets | 28 | €6,200 | €6,200 | = | 0.0% |
| Other financial fixed assets | 284/8 | €6,200 | €6,200 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €6,200 | €6,200 | = | 0.0% |
| Current assets | 29/58 | €32,346,135 | €14,459,545 | -€17.9m | -55.3% |
| Amounts receivable within one year | 40/41 | €4,025,266 | €9,355,786 | +€5.3m | +132.4% |
| Trade receivables | 40 | €3,790,831 | €4,860,404 | +€1.1m | +28.2% |
| Other amounts receivable | 41 | €234,435 | €4,495,382 | +€4.3m | +1817.5% |
| Cash at bank and in hand | 54/58 | €27,478,294 | €4,294,417 | -€23.2m | -84.4% |
| Deferred charges and accrued income | 490/1 | €842,575 | €809,343 | -€33,232 | -3.9% |
| Total equity and liabilities | 10/49 | €34,997,050 | €17,444,281 | -€17.6m | -50.2% |
| Equity | 10/15 | €24,912,892 | €8,685,251 | -€16.2m | -65.1% |
| Contributions | 10/11 | €7,499,609 | €7,499,609 | = | 0.0% |
| Capital | 10 | €7,498,966 | €7,498,966 | = | 0.0% |
| Issued capital | 100 | €7,498,966 | €7,498,966 | = | 0.0% |
| Outside capital | 11 | €643 | €643 | = | 0.0% |
| Share premium | 1100/10 | €643 | €643 | = | 0.0% |
| Reserves | 13 | €856,382 | €552,220 | -€304,162 | -35.5% |
| Non-distributable reserves | 130/1 | €518,882 | €552,220 | +€33,338 | +6.4% |
| Legal reserve | 130 | €518,882 | €552,220 | +€33,338 | +6.4% |
| Distributable reserves | 133 | €337,500 | - | -€337,500 | |
| Profit (loss) carried forward | 14 | €16,556,901 | €633,422 | -€15.9m | -96.2% |
| Amounts payable | 17/49 | €10,084,158 | €8,759,030 | -€1.3m | -13.1% |
| Amounts payable within one year | 42/48 | €9,983,381 | €8,694,470 | -€1.3m | -12.9% |
| Trade debts | 44 | €2,116,570 | €1,628,481 | -€488,089 | -23.1% |
| Suppliers | 440/4 | €2,116,570 | €1,628,481 | -€488,089 | -23.1% |
| Taxes, remuneration and social security | 45 | €3,880,418 | €3,806,033 | -€74,385 | -1.9% |
| Taxes | 450/3 | €426,706 | €502,101 | +€75,395 | +17.7% |
| Remuneration and social security | 454/9 | €3,453,712 | €3,303,932 | -€149,780 | -4.3% |
| Other amounts payable | 47/48 | €3,986,394 | €3,259,956 | -€726,437 | -18.2% |
| Accrued charges and deferred income | 492/3 | €100,777 | €64,561 | -€36,216 | -35.9% |
| Operating income | 70/76A | €40,677,517 | €38,789,311 | -€1.9m | -4.6% |
| Turnover | 70 | €36,840,810 | €34,938,964 | -€1.9m | -5.2% |
| Own construction capitalised | 72 | €548,582 | €701,528 | +€152,946 | +27.9% |
| Other operating income | 74 | €3,288,124 | €3,146,319 | -€141,805 | -4.3% |
| Non-recurring operating income | 76A | - | €2,500 | +€2,500 | |
| Operating charges | 60/66A | €40,514,279 | €38,550,741 | -€2.0m | -4.8% |
| Goods for resale, raw materials and consumables | 60 | €4,438,588 | €3,335,950 | -€1.1m | -24.8% |
| Purchases | 600/8 | €4,438,588 | €3,335,950 | -€1.1m | -24.8% |
| Services and other goods | 61 | €9,293,719 | €8,606,237 | -€687,482 | -7.4% |
| Remuneration, social security and pensions | 62 | €25,744,296 | €25,394,774 | -€349,522 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €578,089 | €817,540 | +€239,451 | +41.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€16,713 | €206,709 | +€223,422 | |
| Other operating charges | 640/8 | €476,300 | €189,531 | -€286,769 | -60.2% |
| Operating profit (loss) | 9901 | €163,238 | €238,570 | +€75,332 | +46.1% |
| Financial income | 75/76B | €7,843,038 | €898,412 | -€6.9m | -88.5% |
| Recurring financial income | 75 | €739,155 | €898,412 | +€159,256 | +21.5% |
| Income from current assets | 751 | €684,126 | €842,070 | +€157,944 | +23.1% |
| Other financial income | 752/9 | €55,030 | €56,341 | +€1,312 | +2.4% |
| Non-recurring financial income | 76B | €7,103,883 | - | -€7.1m | |
| Financial charges | 65/66B | €726,252 | €436,925 | -€289,327 | -39.8% |
| Recurring financial charges | 65 | €726,252 | €436,925 | -€289,327 | -39.8% |
| Debt charges | 650 | €499,589 | €266,808 | -€232,781 | -46.6% |
| Other financial charges | 652/9 | €226,663 | €170,118 | -€56,545 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €7,280,025 | €700,056 | -€6.6m | -90.4% |
| Income taxes | 67/77 | -€230,197 | €33,296 | +€263,494 | |
| Taxes | 670/3 | €15,546 | €33,296 | +€17,751 | +114.2% |
| Tax adjustments and reversals of tax provisions | 77 | €245,743 | - | -€245,743 | |
| Profit (loss) for the period | 9904 | €7,510,222 | €666,760 | -€6.8m | -91.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,510,222 | €666,760 | -€6.8m | -91.1% |
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 5 October 2026 via checked.be.