LOGICALSYS: 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.
LOGICALSYS
Largest movements
- Cash -€17,224
down €17,224 (-22.0%), from €78,366 to €61,142
mainly Trade debts (-€17,404) and Debts after one year (-€14,780)
- Tangible fixed assets -€11,902
down €11,902 (-5.0%), from €236,692 to €224,790
of which Land and buildings: -€7,550
- Receivables within one year +€5,599
up €5,599 (+21.8%), from €25,631 to €31,231
of which Trade receivables: +€13,134
- Trade debts -€17,404
down €17,404 (-72.4%), from €24,054 to €6,650
- Debts after one year -€14,780
down €14,780 (-8.9%), from €165,346 to €150,565
- Gross operating margin -€12,718
down €12,718 (-36.6%), from €34,737 to €22,020
- Financial income +€6,743
up €6,743 (+18,055%), from €37 to €6,781
of which Non-recurring financial income: +€6,657
- Write-downs -€3,769
down €3,769, from €300 to -€3,469
- Taxes +€2,247
up €2,247 (+361%), from €622 to €2,869
- Financial charges -€1,827
down €1,827 (-19.5%), from €9,372 to €7,545
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 | €344,831 | €318,914 | -€25,918 | -7.5% |
| Fixed assets | 21/28 | €238,314 | €225,179 | -€13,135 | -5.5% |
| Intangible fixed assets | 21 | €1,622 | €389 | -€1,233 | -76.0% |
| Tangible fixed assets | 22/27 | €236,692 | €224,790 | -€11,902 | -5.0% |
| Land and buildings | 22 | €231,001 | €223,451 | -€7,550 | -3.3% |
| Plant, machinery and equipment | 23 | €810 | - | -€810 | |
| Furniture and vehicles | 24 | €4,881 | €1,339 | -€3,542 | -72.6% |
| Current assets | 29/58 | €106,517 | €93,735 | -€12,782 | -12.0% |
| Amounts receivable within one year | 40/41 | €25,631 | €31,231 | +€5,599 | +21.8% |
| Trade receivables | 40 | €9,537 | €22,671 | +€13,134 | +138% |
| Other amounts receivable | 41 | €16,094 | €8,560 | -€7,535 | -46.8% |
| Cash at bank and in hand | 54/58 | €78,366 | €61,142 | -€17,224 | -22.0% |
| Deferred charges and accrued income | 490/1 | €2,520 | €1,363 | -€1,157 | -45.9% |
| Total equity and liabilities | 10/49 | €344,831 | €318,914 | -€25,918 | -7.5% |
| Equity | 10/15 | €115,346 | €116,498 | +€1,152 | +1.0% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €90,415 | €91,566 | +€1,152 | +1.3% |
| Non-distributable reserves | 130/1 | €2,400 | €2,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,400 | €2,400 | = | 0.0% |
| Distributable reserves | 133 | €88,015 | €89,166 | +€1,152 | +1.3% |
| Profit (loss) carried forward | 14 | €932 | €932 | = | 0.0% |
| Amounts payable | 17/49 | €229,485 | €202,416 | -€27,069 | -11.8% |
| Amounts payable after more than one year | 17 | €165,346 | €150,565 | -€14,780 | -8.9% |
| Financial debts | 170/4 | €165,346 | €150,565 | -€14,780 | -8.9% |
| Amounts payable within one year | 42/48 | €64,139 | €51,850 | -€12,289 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €15,939 | €15,456 | -€482 | -3.0% |
| Trade debts | 44 | €24,054 | €6,650 | -€17,404 | -72.4% |
| Suppliers | 440/4 | €24,054 | €6,650 | -€17,404 | -72.4% |
| Taxes, remuneration and social security | 45 | €16,532 | €19,967 | +€3,435 | +20.8% |
| Taxes | 450/3 | €11,714 | €11,015 | -€700 | -6.0% |
| Remuneration and social security | 454/9 | €4,818 | €8,952 | +€4,134 | +85.8% |
| Other amounts payable | 47/48 | €7,614 | €9,777 | +€2,163 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,072 | €13,135 | -€937 | -6.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €300 | -€3,469 | -€3,769 | |
| Other operating charges | 640/8 | €7,202 | €7,488 | +€287 | +4.0% |
| Non-recurring operating charges | 66A | €1,959 | €80 | -€1,880 | -95.9% |
| Gross operating margin | 9900 | €34,737 | €22,020 | -€12,718 | -36.6% |
| Operating profit (loss) | 9901 | €11,204 | €4,785 | -€6,419 | -57.3% |
| Financial income | 75/76B | €37 | €6,781 | +€6,743 | +18,055% |
| Recurring financial income | 75 | €37 | €123 | +€86 | +230% |
| Non-recurring financial income | 76B | - | €6,657 | +€6,657 | |
| Financial charges | 65/66B | €9,372 | €7,545 | -€1,827 | -19.5% |
| Recurring financial charges | 65 | €9,372 | €7,545 | -€1,827 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €1,870 | €4,021 | +€2,151 | +115% |
| Income taxes | 67/77 | €622 | €2,869 | +€2,247 | +361% |
| Profit (loss) for the period | 9904 | €1,248 | €1,152 | -€96 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,248 | €1,152 | -€96 | -7.7% |
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 13 October 2026 via checked.be.