LogiCode: 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.
LogiCode
Largest movements
- Cash +€32,067
up €32,067 (+23.7%), from €135,094 to €167,161
mainly Net result for the year (+€34,076) and Receivables within one year (+€1,009)
- Reserves +€34,076
up €34,076 (+27.0%), from €126,181 to €160,257
- Other debts -€1,907
down €1,907 (-71.2%), from €2,678 to €771
- Gross operating margin -€10,284
down €10,284 (-16.7%), from €61,680 to €51,396
- Taxes +€1,749
up €1,749 (+14.6%), from €11,993 to €13,742
- Financial charges -€684
down €684 (-25.2%), from €2,713 to €2,029
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 | €155,650 | €187,959 | +€32,309 | +20.8% |
| Fixed assets | 21/28 | €3,380 | €4,146 | +€767 | +22.7% |
| Tangible fixed assets | 22/27 | €3,380 | €4,146 | +€767 | +22.7% |
| Furniture and vehicles | 24 | €1,070 | €2,005 | +€934 | +87.3% |
| Other tangible fixed assets | 26 | €2,310 | €2,142 | -€168 | -7.3% |
| Current assets | 29/58 | €152,270 | €183,813 | +€31,543 | +20.7% |
| Amounts receivable within one year | 40/41 | €15,200 | €14,191 | -€1,009 | -6.6% |
| Trade receivables | 40 | €12,179 | €14,173 | +€1,994 | +16.4% |
| Other amounts receivable | 41 | €3,021 | €18 | -€3,003 | -99.4% |
| Cash at bank and in hand | 54/58 | €135,094 | €167,161 | +€32,067 | +23.7% |
| Deferred charges and accrued income | 490/1 | €1,977 | €2,462 | +€485 | +24.5% |
| Total equity and liabilities | 10/49 | €155,650 | €187,959 | +€32,309 | +20.8% |
| Equity | 10/15 | €144,731 | €178,807 | +€34,076 | +23.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €126,181 | €160,257 | +€34,076 | +27.0% |
| Distributable reserves | 133 | €126,181 | €160,257 | +€34,076 | +27.0% |
| Amounts payable | 17/49 | €10,919 | €9,152 | -€1,767 | -16.2% |
| Amounts payable within one year | 42/48 | €10,662 | €9,101 | -€1,562 | -14.6% |
| Trade debts | 44 | €904 | €1,361 | +€457 | +50.5% |
| Suppliers | 440/4 | €904 | €1,361 | +€457 | +50.5% |
| Taxes, remuneration and social security | 45 | €7,081 | €6,969 | -€112 | -1.6% |
| Taxes | 450/3 | €7,081 | €6,969 | -€112 | -1.6% |
| Other amounts payable | 47/48 | €2,678 | €771 | -€1,907 | -71.2% |
| Accrued charges and deferred income | 492/3 | €257 | €52 | -€205 | -79.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €880 | €744 | -€136 | -15.4% |
| Other operating charges | 640/8 | €868 | €804 | -€64 | -7.4% |
| Gross operating margin | 9900 | €61,680 | €51,396 | -€10,284 | -16.7% |
| Operating profit (loss) | 9901 | €59,931 | €49,848 | -€10,084 | -16.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,713 | €2,029 | -€684 | -25.2% |
| Recurring financial charges | 65 | €2,713 | €2,029 | -€684 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €57,219 | €47,819 | -€9,400 | -16.4% |
| Income taxes | 67/77 | €11,993 | €13,742 | +€1,749 | +14.6% |
| Profit (loss) for the period | 9904 | €45,226 | €34,076 | -€11,149 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €45,226 | €34,076 | -€11,149 | -24.7% |
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.