LogicFarm: 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.
LogicFarm
Largest movements
- Tangible fixed assets +€48,017
up €48,017 (+197%), from €24,384 to €72,402
of which Furniture and vehicles: +€46,101
- Cash -€2,733
down €2,733 (-41.2%), from €6,641 to €3,908
mainly Investment in fixed assets (net) (-€58,561) and Tax, wage and social debts (-€8,062)
- Debts after one year +€38,333
new in 2025: €38,333
- Current portion of long-term debt +€10,000
new in 2025: €10,000
- Tax, wage and social debts -€8,062
down €8,062 (-62.2%), from €12,954 to €4,892
- Profit (loss) carried forward +€5,864
new in 2025: €5,864
- Other debts -€1,660
down €1,660 (-36.9%), from €4,501 to €2,840
- Turnover +€89,293
new in 2025: €89,293
- Purchases and services +€71,283
new in 2025: €71,283
- Gross operating margin -€19,319
down €19,319 (-49.5%), from €39,060 to €19,741
- Taxes -€5,847
down €5,847 (-81.6%), from €7,170 to €1,323
- Depreciation +€4,534
up €4,534 (+75.5%), from €6,009 to €10,543
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 | €48,145 | €93,947 | +€45,802 | +95.1% |
| Fixed assets | 21/28 | €27,948 | €75,965 | +€48,017 | +172% |
| Tangible fixed assets | 22/27 | €24,384 | €72,402 | +€48,017 | +197% |
| Plant, machinery and equipment | 23 | €16,946 | €18,863 | +€1,917 | +11.3% |
| Furniture and vehicles | 24 | €7,439 | €53,539 | +€46,101 | +620% |
| Financial fixed assets | 28 | €3,563 | €3,563 | = | 0.0% |
| Current assets | 29/58 | €20,197 | €17,982 | -€2,215 | -11.0% |
| Amounts receivable within one year | 40/41 | €13,041 | €12,684 | -€357 | -2.7% |
| Trade receivables | 40 | €13,041 | €5,662 | -€7,379 | -56.6% |
| Other amounts receivable | 41 | - | €7,022 | +€7,022 | |
| Cash at bank and in hand | 54/58 | €6,641 | €3,908 | -€2,733 | -41.2% |
| Deferred charges and accrued income | 490/1 | €515 | €1,390 | +€875 | +170% |
| Total equity and liabilities | 10/49 | €48,145 | €93,947 | +€45,802 | +95.1% |
| Equity | 10/15 | €29,464 | €35,328 | +€5,864 | +19.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €19,464 | €19,464 | = | 0.0% |
| Distributable reserves | 133 | €19,464 | €19,464 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €5,864 | +€5,864 | |
| Amounts payable | 17/49 | €18,681 | €58,620 | +€39,939 | +214% |
| Amounts payable after more than one year | 17 | - | €38,333 | +€38,333 | |
| Financial debts | 170/4 | - | €38,333 | +€38,333 | |
| Amounts payable within one year | 42/48 | €18,681 | €20,286 | +€1,605 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €1,226 | €2,554 | +€1,327 | +108% |
| Suppliers | 440/4 | €1,226 | €2,554 | +€1,327 | +108% |
| Taxes, remuneration and social security | 45 | €12,954 | €4,892 | -€8,062 | -62.2% |
| Taxes | 450/3 | €12,954 | €4,892 | -€8,062 | -62.2% |
| Other amounts payable | 47/48 | €4,501 | €2,840 | -€1,660 | -36.9% |
| Turnover | 70 | - | €89,293 | +€89,293 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €71,283 | +€71,283 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,009 | €10,543 | +€4,534 | +75.5% |
| Other operating charges | 640/8 | €855 | €622 | -€233 | -27.3% |
| Gross operating margin | 9900 | €39,060 | €19,741 | -€19,319 | -49.5% |
| Operating profit (loss) | 9901 | €32,196 | €8,576 | -€23,620 | -73.4% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.8% |
| Financial charges | 65/66B | €1,067 | €1,390 | +€323 | +30.3% |
| Recurring financial charges | 65 | €1,067 | €1,390 | +€323 | +30.3% |
| Profit (loss) for the period before taxes | 9903 | €31,134 | €7,186 | -€23,948 | -76.9% |
| Income taxes | 67/77 | €7,170 | €1,323 | -€5,847 | -81.6% |
| Profit (loss) for the period | 9904 | €23,964 | €5,864 | -€18,101 | -75.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,964 | €5,864 | -€18,101 | -75.5% |
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.