Logichef: 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.
Logichef
Largest movements
- Cash -€4,077
down €4,077 (-32.3%), from €12,629 to €8,552
mainly Net result for the year (-€7,767) and Trade debts (-€647)
- Intangible fixed assets -€3,325
down €3,325 (-78.9%), from €4,217 to €891
- Tangible fixed assets -€508
down €508 (-79.6%), from €638 to €130
- Stocks and contracts -€307
down €307 (-21.8%), from €1,407 to €1,099
- Receivables within one year -€220
down €220 (-12.0%), from €1,827 to €1,607
of which Trade receivables: -€149
- Profit (loss) carried forward -€7,767
down €7,767 (-71.4%), from -€10,882 to -€18,649
- Trade debts -€647
no longer reported in 2025 (was €647)
- Depreciation -€1,239
down €1,239 (-24.4%), from €5,072 to €3,833
- Gross operating margin -€627
down €627 (-23.2%), from -€2,705 to -€3,332
- Financial charges -€85
down €85 (-56.4%), from €151 to €66
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 | €20,855 | €12,441 | -€8,414 | -40.3% |
| Fixed assets | 21/28 | €4,855 | €1,021 | -€3,833 | -79.0% |
| Intangible fixed assets | 21 | €4,217 | €891 | -€3,325 | -78.9% |
| Tangible fixed assets | 22/27 | €638 | €130 | -€508 | -79.6% |
| Furniture and vehicles | 24 | €638 | €130 | -€508 | -79.6% |
| Current assets | 29/58 | €16,000 | €11,420 | -€4,581 | -28.6% |
| Stocks and contracts in progress | 3 | €1,407 | €1,099 | -€307 | -21.8% |
| Stocks | 30/36 | €1,407 | €1,099 | -€307 | -21.8% |
| Amounts receivable within one year | 40/41 | €1,827 | €1,607 | -€220 | -12.0% |
| Trade receivables | 40 | €457 | €307 | -€149 | -32.7% |
| Other amounts receivable | 41 | €1,370 | €1,300 | -€70 | -5.1% |
| Cash at bank and in hand | 54/58 | €12,629 | €8,552 | -€4,077 | -32.3% |
| Deferred charges and accrued income | 490/1 | €138 | €161 | +€23 | +17.0% |
| Total equity and liabilities | 10/49 | €20,855 | €12,441 | -€8,414 | -40.3% |
| Equity | 10/15 | €19,118 | €11,351 | -€7,767 | -40.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,882 | -€18,649 | -€7,767 | -71.4% |
| Amounts payable | 17/49 | €1,737 | €1,090 | -€647 | -37.2% |
| Amounts payable within one year | 42/48 | €1,737 | €1,090 | -€647 | -37.2% |
| Trade debts | 44 | €647 | - | -€647 | |
| Suppliers | 440/4 | €647 | - | -€647 | |
| Other amounts payable | 47/48 | €1,090 | €1,090 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,072 | €3,833 | -€1,239 | -24.4% |
| Other operating charges | 640/8 | €521 | €537 | +€15 | +2.9% |
| Gross operating margin | 9900 | -€2,705 | -€3,332 | -€627 | -23.2% |
| Operating profit (loss) | 9901 | -€8,298 | -€7,702 | +€596 | +7.2% |
| Financial charges | 65/66B | €151 | €66 | -€85 | -56.4% |
| Recurring financial charges | 65 | €151 | €66 | -€85 | -56.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,449 | -€7,767 | +€682 | +8.1% |
| Profit (loss) for the period | 9904 | -€8,449 | -€7,767 | +€682 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,449 | -€7,767 | +€682 | +8.1% |
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 19 October 2026 via checked.be.