LOGICASH: 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.
LOGICASH
Largest movements
- Receivables within one year +€12,347
up €12,347 (+54.5%), from €22,653 to €34,999
- Cash +€10,741
up €10,741 (+55.1%), from €19,505 to €30,246
mainly Net result for the year (+€48,654) and Debts after one year (+€18,104)
- Tangible fixed assets -€5,263
down €5,263 (-14.7%), from €35,866 to €30,603
of which Other tangible fixed assets: -€3,735
- Stocks and contracts -€5,000
down €5,000 (-14.3%), from €35,000 to €30,000
- Intangible fixed assets -€2,100
no longer reported in 2025 (was €2,100)
- Short-term financial debts -€51,516
no longer reported in 2025 (was €51,516)
- Profit (loss) carried forward +€48,654
up €48,654 (+15.7%), from -€309,979 to -€261,325
- Trade debts -€23,674
down €23,674 (-18.4%), from €128,449 to €104,775
- Debts after one year +€18,104
up €18,104 (+70.9%), from €25,550 to €43,654
- Current portion of long-term debt +€12,070
up €12,070 (+74.1%), from €16,295 to €28,364
- Staff costs -€80,037
down €80,037 (-99.4%), from €80,503 to €466
- Gross operating margin -€28,542
down €28,542 (-23.9%), from €119,272 to €90,730
- Other operating charges +€10,403
up €10,403 (+76.4%), from €13,616 to €24,019
- Financial charges -€2,280
down €2,280 (-21.6%), from €10,569 to €8,289
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 | €122,924 | €133,648 | +€10,724 | +8.7% |
| Fixed assets | 21/28 | €45,766 | €38,403 | -€7,363 | -16.1% |
| Intangible fixed assets | 21 | €2,100 | - | -€2,100 | |
| Tangible fixed assets | 22/27 | €35,866 | €30,603 | -€5,263 | -14.7% |
| Plant, machinery and equipment | 23 | €8,206 | €6,390 | -€1,815 | -22.1% |
| Furniture and vehicles | 24 | €2,881 | €3,168 | +€287 | +10.0% |
| Other tangible fixed assets | 26 | €24,779 | €21,044 | -€3,735 | -15.1% |
| Financial fixed assets | 28 | €7,800 | €7,800 | = | 0.0% |
| Current assets | 29/58 | €77,158 | €95,245 | +€18,088 | +23.4% |
| Stocks and contracts in progress | 3 | €35,000 | €30,000 | -€5,000 | -14.3% |
| Stocks | 30/36 | €35,000 | €30,000 | -€5,000 | -14.3% |
| Amounts receivable within one year | 40/41 | €22,653 | €34,999 | +€12,347 | +54.5% |
| Trade receivables | 40 | €22,653 | €34,999 | +€12,347 | +54.5% |
| Cash at bank and in hand | 54/58 | €19,505 | €30,246 | +€10,741 | +55.1% |
| Total equity and liabilities | 10/49 | €122,924 | €133,648 | +€10,724 | +8.7% |
| Equity | 10/15 | -€289,519 | -€240,865 | +€48,654 | +16.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€309,979 | -€261,325 | +€48,654 | +15.7% |
| Amounts payable | 17/49 | €412,443 | €374,513 | -€37,930 | -9.2% |
| Amounts payable after more than one year | 17 | €25,550 | €43,654 | +€18,104 | +70.9% |
| Financial debts | 170/4 | €25,550 | €43,654 | +€18,104 | +70.9% |
| Amounts payable within one year | 42/48 | €386,850 | €330,831 | -€56,019 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €16,295 | €28,364 | +€12,070 | +74.1% |
| Financial debts | 43 | €51,516 | - | -€51,516 | |
| Credit institutions | 430/8 | €51,516 | - | -€51,516 | |
| Trade debts | 44 | €128,449 | €104,775 | -€23,674 | -18.4% |
| Suppliers | 440/4 | €128,449 | €104,775 | -€23,674 | -18.4% |
| Taxes, remuneration and social security | 45 | €41,946 | €48,898 | +€6,952 | +16.6% |
| Taxes | 450/3 | €28,261 | €48,898 | +€20,637 | +73.0% |
| Remuneration and social security | 454/9 | €13,685 | - | -€13,685 | |
| Other amounts payable | 47/48 | €148,643 | €148,793 | +€150 | +0.1% |
| Accrued charges and deferred income | 492/3 | €43 | €28 | -€16 | -36.4% |
| Remuneration, social security and pensions | 62 | €80,503 | €466 | -€80,037 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,889 | €9,007 | +€117 | +1.3% |
| Other operating charges | 640/8 | €13,616 | €24,019 | +€10,403 | +76.4% |
| Gross operating margin | 9900 | €119,272 | €90,730 | -€28,542 | -23.9% |
| Operating profit (loss) | 9901 | €16,264 | €57,239 | +€40,975 | +251.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -87.5% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -87.5% |
| Financial charges | 65/66B | €10,569 | €8,289 | -€2,280 | -21.6% |
| Recurring financial charges | 65 | €10,569 | €8,289 | -€2,280 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €5,695 | €48,950 | +€43,255 | +759.5% |
| Income taxes | 67/77 | €230 | €295 | +€65 | +28.4% |
| Profit (loss) for the period | 9904 | €5,465 | €48,654 | +€43,189 | +790.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,465 | €48,654 | +€43,189 | +790.3% |
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 4 October 2026 via checked.be.