LOGICO: 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.
LOGICO
Largest movements
- Cash +€6,311
up €6,311 (+71.2%), from €8,867 to €15,178
mainly Net result for the year (+€18,686) and Tax, wage and social debts (+€3,969)
- Deferred charges and accrued income -€970
no longer reported in 2026 (was €970)
- Receivables within one year +€961
up €961 (+6.0%), from €16,107 to €17,068
- Profit (loss) carried forward +€18,686
up €18,686 (+92.8%), from -€20,140 to -€1,453
- Other debts -€14,375
down €14,375 (-75.3%), from €19,089 to €4,714
- Tax, wage and social debts +€3,969
up €3,969 (+1,887%), from €210 to €4,179
- Trade debts -€2,275
down €2,275 (-32.8%), from €6,936 to €4,661
- Gross operating margin +€18,378
up €18,378 (+365%), from €5,037 to €23,415
- Other operating charges +€234
up €234 (+6.5%), from €3,582 to €3,816
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,547 | €32,552 | +€6,005 | +22.6% |
| Fixed assets | 21/28 | €602 | €306 | -€297 | -49.3% |
| Tangible fixed assets | 22/27 | €355 | €58 | -€297 | -83.7% |
| Furniture and vehicles | 24 | €355 | €58 | -€297 | -83.7% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €25,944 | €32,246 | +€6,302 | +24.3% |
| Amounts receivable within one year | 40/41 | €16,107 | €17,068 | +€961 | +6.0% |
| Trade receivables | 40 | €16,107 | €17,068 | +€961 | +6.0% |
| Cash at bank and in hand | 54/58 | €8,867 | €15,178 | +€6,311 | +71.2% |
| Deferred charges and accrued income | 490/1 | €970 | - | -€970 | |
| Total equity and liabilities | 10/49 | €26,547 | €32,552 | +€6,005 | +22.6% |
| Equity | 10/15 | €312 | €18,998 | +€18,686 | +5,998% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,140 | -€1,453 | +€18,686 | +92.8% |
| Amounts payable | 17/49 | €26,235 | €13,554 | -€12,681 | -48.3% |
| Amounts payable within one year | 42/48 | €26,235 | €13,554 | -€12,681 | -48.3% |
| Trade debts | 44 | €6,936 | €4,661 | -€2,275 | -32.8% |
| Suppliers | 440/4 | €6,936 | €4,661 | -€2,275 | -32.8% |
| Taxes, remuneration and social security | 45 | €210 | €4,179 | +€3,969 | +1,887% |
| Taxes | 450/3 | €210 | €4,179 | +€3,969 | +1,887% |
| Other amounts payable | 47/48 | €19,089 | €4,714 | -€14,375 | -75.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €297 | €297 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,582 | €3,816 | +€234 | +6.5% |
| Gross operating margin | 9900 | €5,037 | €23,415 | +€18,378 | +365% |
| Operating profit (loss) | 9901 | €1,158 | €19,302 | +€18,144 | +1,567% |
| Financial income | 75/76B | - | €38 | +€38 | |
| Recurring financial income | 75 | - | €38 | +€38 | |
| Financial charges | 65/66B | €648 | €654 | +€5 | +0.8% |
| Recurring financial charges | 65 | €648 | €654 | +€5 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €510 | €18,686 | +€18,177 | +3,565% |
| Profit (loss) for the period | 9904 | €510 | €18,686 | +€18,177 | +3,565% |
| Profit (loss) for the period to be appropriated | 9905 | €510 | €18,686 | +€18,177 | +3,565% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.