LOGICALLY IT SERVICES: 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.
LOGICALLY IT SERVICES
Largest movements
- Cash +€56,504
up €56,504 (+36.4%), from €155,167 to €211,671
mainly Net result for the year (+€112,690) and Other debts (+€97,302)
- Receivables within one year +€35,051
up €35,051 (+94.5%), from €37,095 to €72,146
of which Other amounts receivable: +€22,206
- Other debts +€97,302
new in 2025: €97,302
- Tax, wage and social debts -€6,232
down €6,232 (-24.4%), from €25,587 to €19,355
of which Taxes: -€6,232
- Financial charges +€21,888
up €21,888 (+48.0%), from €45,583 to €67,471
- Gross operating margin +€19,073
up €19,073 (+9.9%), from €193,008 to €212,081
- Taxes -€11,119
down €11,119 (-26.2%), from €42,364 to €31,245
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 | €197,525 | €287,678 | +€90,154 | +45.6% |
| Fixed assets | 21/28 | €4,802 | €3,818 | -€984 | -20.5% |
| Tangible fixed assets | 22/27 | €4,802 | €3,818 | -€984 | -20.5% |
| Plant, machinery and equipment | 23 | €1,143 | €910 | -€233 | -20.4% |
| Furniture and vehicles | 24 | €3,403 | €2,803 | -€600 | -17.6% |
| Other tangible fixed assets | 26 | €257 | €105 | -€151 | -59.0% |
| Current assets | 29/58 | €192,722 | €283,860 | +€91,138 | +47.3% |
| Amounts receivable within one year | 40/41 | €37,095 | €72,146 | +€35,051 | +94.5% |
| Trade receivables | 40 | €35,546 | €48,391 | +€12,845 | +36.1% |
| Other amounts receivable | 41 | €1,549 | €23,755 | +€22,206 | +1,433% |
| Cash at bank and in hand | 54/58 | €155,167 | €211,671 | +€56,504 | +36.4% |
| Deferred charges and accrued income | 490/1 | €460 | €43 | -€417 | -90.6% |
| Total equity and liabilities | 10/49 | €197,525 | €287,678 | +€90,154 | +45.6% |
| Equity | 10/15 | €171,938 | €171,000 | -€938 | -0.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €169,000 | €169,000 | = | 0.0% |
| Distributable reserves | 133 | €169,000 | €169,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €938 | €0 | -€938 | -100% |
| Amounts payable | 17/49 | €25,587 | €116,678 | +€91,092 | +356% |
| Amounts payable within one year | 42/48 | €25,587 | €116,678 | +€91,092 | +356% |
| Trade debts | 44 | €0 | €22 | +€22 | |
| Suppliers | 440/4 | €0 | €22 | +€22 | |
| Taxes, remuneration and social security | 45 | €25,587 | €19,355 | -€6,232 | -24.4% |
| Taxes | 450/3 | €25,587 | €19,355 | -€6,232 | -24.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €97,302 | +€97,302 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,149 | €1,959 | +€810 | +70.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €193,008 | €212,081 | +€19,073 | +9.9% |
| Operating profit (loss) | 9901 | €191,472 | €209,723 | +€18,251 | +9.5% |
| Financial income | 75/76B | €0 | €1,683 | +€1,683 | |
| Recurring financial income | 75 | €0 | €1,683 | +€1,683 | |
| Financial charges | 65/66B | €45,583 | €67,471 | +€21,888 | +48.0% |
| Recurring financial charges | 65 | €45,583 | €67,471 | +€21,888 | +48.0% |
| Profit (loss) for the period before taxes | 9903 | €145,889 | €143,935 | -€1,954 | -1.3% |
| Income taxes | 67/77 | €42,364 | €31,245 | -€11,119 | -26.2% |
| Profit (loss) for the period | 9904 | €103,524 | €112,690 | +€9,165 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €103,524 | €112,690 | +€9,165 | +8.9% |
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 14 October 2026 via checked.be.