LOGIC SERVICES: 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.
LOGIC SERVICES
Largest movements
- Receivables within one year +€64,965
up €64,965 (+50.6%), from €128,399 to €193,364
of which Other amounts receivable: +€89,113
- Cash -€2,123
down €2,123 (-96.2%), from €2,208 to €84
mainly Receivables within one year (-€64,965) and Trade debts (-€2,734)
- Reserves +€39,916
up €39,916 (+52.4%), from €76,142 to €116,057
- Tax, wage and social debts +€27,388
up €27,388 (+62.6%), from €43,783 to €71,171
- Trade debts -€2,734
down €2,734 (-35.6%), from €7,682 to €4,948
- Gross operating margin -€40,628
down €40,628 (-44.0%), from €92,413 to €51,786
- Taxes -€9,180
down €9,180 (-37.3%), from €24,597 to €15,417
- Financial income +€8,493
up €8,493 (+277.8%), from €3,058 to €11,551
of which Financial income: +€4,914
- Financial charges +€1,613
up €1,613 (+333.3%), from €484 to €2,097
- Other operating charges +€1,255
up €1,255 (+16301.3%), from €8 to €1,263
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 | €130,607 | €195,176 | +€64,569 | +49.4% |
| Fixed assets | 21/28 | - | €1,728 | +€1,728 | |
| Intangible fixed assets | 21 | - | €1,728 | +€1,728 | |
| Current assets | 29/58 | €130,607 | €193,448 | +€62,842 | +48.1% |
| Amounts receivable within one year | 40/41 | €128,399 | €193,364 | +€64,965 | +50.6% |
| Trade receivables | 40 | €30,553 | €6,406 | -€24,148 | -79.0% |
| Other amounts receivable | 41 | €97,846 | €186,959 | +€89,113 | +91.1% |
| Cash at bank and in hand | 54/58 | €2,208 | €84 | -€2,123 | -96.2% |
| Total equity and liabilities | 10/49 | €130,607 | €195,176 | +€64,569 | +49.4% |
| Equity | 10/15 | €79,142 | €119,057 | +€39,916 | +50.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €76,142 | €116,057 | +€39,916 | +52.4% |
| Distributable reserves | 133 | €76,142 | €116,057 | +€39,916 | +52.4% |
| Amounts payable | 17/49 | €51,465 | €76,119 | +€24,654 | +47.9% |
| Amounts payable within one year | 42/48 | €51,465 | €76,119 | +€24,654 | +47.9% |
| Trade debts | 44 | €7,682 | €4,948 | -€2,734 | -35.6% |
| Suppliers | 440/4 | €7,682 | €4,948 | -€2,734 | -35.6% |
| Taxes, remuneration and social security | 45 | €43,783 | €71,171 | +€27,388 | +62.6% |
| Taxes | 450/3 | €43,783 | €71,171 | +€27,388 | +62.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €249 | +€249 | |
| Other operating charges | 640/8 | €8 | €1,263 | +€1,255 | +16301.3% |
| Non-recurring operating charges | 66A | - | €4,394 | +€4,394 | |
| Gross operating margin | 9900 | €92,413 | €51,786 | -€40,628 | -44.0% |
| Operating profit (loss) | 9901 | €92,406 | €45,879 | -€46,526 | -50.3% |
| Financial income | 75/76B | €3,058 | €11,551 | +€8,493 | +277.8% |
| Recurring financial income | 75 | €3,058 | €7,972 | +€4,914 | +160.7% |
| Non-recurring financial income | 76B | - | €3,579 | +€3,579 | |
| Financial charges | 65/66B | €484 | €2,097 | +€1,613 | +333.3% |
| Recurring financial charges | 65 | €484 | €2,097 | +€1,613 | +333.3% |
| Profit (loss) for the period before taxes | 9903 | €94,979 | €55,333 | -€39,646 | -41.7% |
| Income taxes | 67/77 | €24,597 | €15,417 | -€9,180 | -37.3% |
| Profit (loss) for the period | 9904 | €70,382 | €39,916 | -€30,466 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €70,382 | €39,916 | -€30,466 | -43.3% |
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 7 October 2026 via checked.be.