LOGICALTIC: 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.
LOGICALTIC
Largest movements
- Tangible fixed assets -€78,296
down €78,296 (-11.4%), from €687,507 to €609,211
of which Furniture and vehicles: -€57,021
- Cash +€65,377
up €65,377 (+8.6%), from €763,757 to €829,134
mainly Net result for the year (+€1.2m) and Other debts (+€375,472)
- Receivables within one year -€57,179
down €57,179 (-5.3%), from €1.1m to €1.0m
of which Trade receivables: -€58,417
- Reserves -€410,000
down €410,000 (-65.2%), from €628,460 to €218,460
of which Distributable reserves: -€410,000
- Other debts +€375,472
up €375,472 (+30.8%), from €1.2m to €1.6m
- Tax, wage and social debts -€97,134
down €97,134 (-37.0%), from €262,631 to €165,497
of which Remuneration and social security: -€50,648
- Trade debts +€96,432
up €96,432 (+58.4%), from €165,086 to €261,518
- Debts after one year -€29,984
down €29,984 (-13.3%), from €225,442 to €195,457
- Gross operating margin +€288,677
up €288,677 (+13.6%), from €2.1m to €2.4m
- Staff costs +€75,993
up €75,993 (+11.4%), from €667,813 to €743,806
- Taxes +€55,505
up €55,505 (+16.0%), from €347,758 to €403,263
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 | €2,553,499 | €2,488,918 | -€64,581 | -2.5% |
| Fixed assets | 21/28 | €696,540 | €616,443 | -€80,098 | -11.5% |
| Intangible fixed assets | 21 | €8,894 | €7,092 | -€1,802 | -20.3% |
| Tangible fixed assets | 22/27 | €687,507 | €609,211 | -€78,296 | -11.4% |
| Land and buildings | 22 | €524,039 | €502,764 | -€21,275 | -4.1% |
| Furniture and vehicles | 24 | €163,468 | €106,447 | -€57,021 | -34.9% |
| Financial fixed assets | 28 | €140 | €140 | = | 0.0% |
| Current assets | 29/58 | €1,856,959 | €1,872,476 | +€15,517 | +0.8% |
| Stocks and contracts in progress | 3 | €6,114 | €13,380 | +€7,266 | +118.8% |
| Stocks | 30/36 | €6,114 | €13,380 | +€7,266 | +118.8% |
| Amounts receivable within one year | 40/41 | €1,072,328 | €1,015,149 | -€57,179 | -5.3% |
| Trade receivables | 40 | €1,055,232 | €996,815 | -€58,417 | -5.5% |
| Other amounts receivable | 41 | €17,097 | €18,335 | +€1,238 | +7.2% |
| Cash at bank and in hand | 54/58 | €763,757 | €829,134 | +€65,377 | +8.6% |
| Deferred charges and accrued income | 490/1 | €14,759 | €14,812 | +€53 | +0.4% |
| Total equity and liabilities | 10/49 | €2,553,499 | €2,488,918 | -€64,581 | -2.5% |
| Equity | 10/15 | €647,010 | €237,010 | -€410,000 | -63.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €628,460 | €218,460 | -€410,000 | -65.2% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €626,605 | €216,605 | -€410,000 | -65.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,906,489 | €2,251,909 | +€345,419 | +18.1% |
| Amounts payable after more than one year | 17 | €225,442 | €195,457 | -€29,984 | -13.3% |
| Financial debts | 170/4 | €225,442 | €195,457 | -€29,984 | -13.3% |
| Amounts payable within one year | 42/48 | €1,675,251 | €2,050,479 | +€375,229 | +22.4% |
| Current portion of amounts payable after more than one year | 42 | €29,526 | €29,984 | +€458 | +1.6% |
| Trade debts | 44 | €165,086 | €261,518 | +€96,432 | +58.4% |
| Suppliers | 440/4 | €165,086 | €261,518 | +€96,432 | +58.4% |
| Taxes, remuneration and social security | 45 | €262,631 | €165,497 | -€97,134 | -37.0% |
| Taxes | 450/3 | €141,726 | €95,240 | -€46,486 | -32.8% |
| Remuneration and social security | 454/9 | €120,906 | €70,258 | -€50,648 | -41.9% |
| Other amounts payable | 47/48 | €1,218,007 | €1,593,480 | +€375,472 | +30.8% |
| Accrued charges and deferred income | 492/3 | €5,797 | €5,972 | +€175 | +3.0% |
| Non-recurring operating income | 76A | - | €5,588 | +€5,588 | |
| Remuneration, social security and pensions | 62 | €667,813 | €743,806 | +€75,993 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,571 | €84,160 | +€3,588 | +4.5% |
| Other operating charges | 640/8 | €6,163 | €16,894 | +€10,731 | +174.1% |
| Non-recurring operating charges | 66A | €2,540 | €46 | -€2,494 | -98.2% |
| Gross operating margin | 9900 | €2,124,630 | €2,413,307 | +€288,677 | +13.6% |
| Operating profit (loss) | 9901 | €1,367,543 | €1,568,401 | +€200,858 | +14.7% |
| Financial income | 75/76B | €2,687 | €22,290 | +€19,604 | +729.6% |
| Recurring financial income | 75 | €2,687 | €22,290 | +€19,604 | +729.6% |
| Financial charges | 65/66B | €4,464 | €3,949 | -€516 | -11.6% |
| Recurring financial charges | 65 | €4,464 | €3,949 | -€516 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €1,365,765 | €1,586,743 | +€220,978 | +16.2% |
| Income taxes | 67/77 | €347,758 | €403,263 | +€55,505 | +16.0% |
| Profit (loss) for the period | 9904 | €1,018,007 | €1,183,480 | +€165,472 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,018,007 | €1,183,480 | +€165,472 | +16.3% |
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 6 October 2026 via checked.be.