LOGIBREX: what changed
Two financial 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.
LOGIBREX
Largest movements
- Receivables within one year -€221,433
down €221,433 (-38.3%), from €578,131 to €356,697
of which Other amounts receivable: -€126,214
- Cash +€143,087
up €143,087 (+28.9%), from €495,601 to €638,687
mainly Other debts (+€272,769) and Receivables within one year (+€221,433)
- Reserves -€348,211
down €348,211 (-33.4%), from €1.0m to €695,084
of which Distributable reserves: -€348,211
- Other debts +€272,769
up €272,769 (+32,745%), from €833 to €273,602
- Gross operating margin -€71,770
down €71,770 (-26.8%), from €267,920 to €196,150
- Taxes -€18,072
down €18,072 (-21.9%), from €82,356 to €64,284
- Financial income -€4,021
down €4,021 (-61.2%), from €6,569 to €2,549
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.
Derived cash bridge
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 | €1,089,373 | €1,013,319 | -€76,053 | -7.0% |
| Fixed assets | 21/28 | €7,438 | €6,094 | -€1,344 | -18.1% |
| Tangible fixed assets | 22/27 | €6,438 | €5,094 | -€1,344 | -20.9% |
| Furniture and vehicles | 24 | €6,438 | €5,094 | -€1,344 | -20.9% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €1,081,935 | €1,007,225 | -€74,710 | -6.9% |
| Amounts receivable within one year | 40/41 | €578,131 | €356,697 | -€221,433 | -38.3% |
| Trade receivables | 40 | €435,916 | €340,697 | -€95,219 | -21.8% |
| Other amounts receivable | 41 | €142,214 | €16,000 | -€126,214 | -88.7% |
| Cash at bank and in hand | 54/58 | €495,601 | €638,687 | +€143,087 | +28.9% |
| Deferred charges and accrued income | 490/1 | €8,204 | €11,840 | +€3,637 | +44.3% |
| Total equity and liabilities | 10/49 | €1,089,373 | €1,013,319 | -€76,053 | -7.0% |
| Equity | 10/15 | €1,061,894 | €713,684 | -€348,211 | -32.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,043,294 | €695,084 | -€348,211 | -33.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,041,434 | €693,224 | -€348,211 | -33.4% |
| Amounts payable | 17/49 | €27,478 | €299,635 | +€272,157 | +990% |
| Amounts payable within one year | 42/48 | €27,478 | €299,635 | +€272,157 | +990% |
| Trade debts | 44 | €12,253 | €13,208 | +€955 | +7.8% |
| Suppliers | 440/4 | €12,253 | €13,208 | +€955 | +7.8% |
| Taxes, remuneration and social security | 45 | €14,393 | €12,825 | -€1,568 | -10.9% |
| Taxes | 450/3 | €14,393 | €12,825 | -€1,568 | -10.9% |
| Other amounts payable | 47/48 | €833 | €273,602 | +€272,769 | +32,745% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,377 | €1,344 | -€33 | -2.4% |
| Other operating charges | 640/8 | €3,045 | €1,736 | -€1,309 | -43.0% |
| Non-recurring operating charges | 66A | €2,576 | €53 | -€2,523 | -97.9% |
| Gross operating margin | 9900 | €267,920 | €196,150 | -€71,770 | -26.8% |
| Operating profit (loss) | 9901 | €260,922 | €193,018 | -€67,905 | -26.0% |
| Financial income | 75/76B | €6,569 | €2,549 | -€4,021 | -61.2% |
| Recurring financial income | 75 | €6,569 | €2,549 | -€4,021 | -61.2% |
| Financial charges | 65/66B | €4,717 | €3,493 | -€1,224 | -26.0% |
| Recurring financial charges | 65 | €4,717 | €3,493 | -€1,224 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €262,774 | €192,073 | -€70,701 | -26.9% |
| Income taxes | 67/77 | €82,356 | €64,284 | -€18,072 | -21.9% |
| Profit (loss) for the period | 9904 | €180,418 | €127,789 | -€52,628 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €180,418 | €127,789 | -€52,628 | -29.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.