LOGICOL: 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.
LOGICOL
Largest movements
- Cash -€377,814
down €377,814 (-81.6%), from €463,212 to €85,398
mainly Investment in fixed assets (net) (-€259,700) and Receivables within one year (-€122,410)
- Tangible fixed assets +€259,700
up €259,700 (+139.0%), from €186,841 to €446,541
- Receivables within one year +€122,410
up €122,410 (+172.5%), from €70,956 to €193,366
of which Trade receivables: +€147,924
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€6,941
up €6,941 (+15.3%), from €45,444 to €52,385
- Financial income -€5,738
down €5,738 (-98.5%), from €5,825 to €87
- Other operating charges +€838
up €838 (+1.9%), from €43,341 to €44,179
- Taxes -€700
down €700 (-19.4%), from €3,610 to €2,911
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 | €721,009 | €725,305 | +€4,297 | +0.6% |
| Fixed assets | 21/28 | €186,841 | €446,541 | +€259,700 | +139.0% |
| Tangible fixed assets | 22/27 | €186,841 | €446,541 | +€259,700 | +139.0% |
| Land and buildings | 22 | €186,841 | €446,541 | +€259,700 | +139.0% |
| Current assets | 29/58 | €534,168 | €278,764 | -€255,403 | -47.8% |
| Amounts receivable within one year | 40/41 | €70,956 | €193,366 | +€122,410 | +172.5% |
| Trade receivables | 40 | €1,522 | €149,446 | +€147,924 | +9717.2% |
| Other amounts receivable | 41 | €69,433 | €43,920 | -€25,513 | -36.7% |
| Cash at bank and in hand | 54/58 | €463,212 | €85,398 | -€377,814 | -81.6% |
| Total equity and liabilities | 10/49 | €721,009 | €725,305 | +€4,297 | +0.6% |
| Equity | 10/15 | €528,662 | €533,764 | +€5,101 | +1.0% |
| Contributions | 10/11 | €116,434 | €116,434 | = | 0.0% |
| Reserves | 13 | €40,244 | €45,346 | +€5,101 | +12.7% |
| Non-distributable reserves | 130/1 | €13,240 | €13,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,240 | €13,240 | = | 0.0% |
| Tax-exempt reserves | 132 | €703 | €703 | = | 0.0% |
| Distributable reserves | 133 | €26,301 | €31,403 | +€5,101 | +19.4% |
| Profit (loss) carried forward | 14 | €371,983 | €371,983 | = | 0.0% |
| Amounts payable | 17/49 | €192,346 | €191,542 | -€805 | -0.4% |
| Amounts payable within one year | 42/48 | €192,346 | €191,542 | -€805 | -0.4% |
| Trade debts | 44 | €192,346 | €190,157 | -€2,189 | -1.1% |
| Suppliers | 440/4 | €192,346 | €190,157 | -€2,189 | -1.1% |
| Taxes, remuneration and social security | 45 | - | €1,384 | +€1,384 | |
| Taxes | 450/3 | - | €1,384 | +€1,384 | |
| Remuneration, social security and pensions | 62 | €388 | €228 | -€160 | -41.2% |
| Other operating charges | 640/8 | €43,341 | €44,179 | +€838 | +1.9% |
| Gross operating margin | 9900 | €45,444 | €52,385 | +€6,941 | +15.3% |
| Operating profit (loss) | 9901 | €1,715 | €7,978 | +€6,263 | +365.1% |
| Financial income | 75/76B | €5,825 | €87 | -€5,738 | -98.5% |
| Recurring financial income | 75 | €5,825 | €87 | -€5,738 | -98.5% |
| Financial charges | 65/66B | €94 | €54 | -€40 | -42.8% |
| Recurring financial charges | 65 | €94 | €54 | -€40 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €7,447 | €8,012 | +€565 | +7.6% |
| Income taxes | 67/77 | €3,610 | €2,911 | -€700 | -19.4% |
| Profit (loss) for the period | 9904 | €3,836 | €5,101 | +€1,265 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,836 | €5,101 | +€1,265 | +33.0% |
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 11 October 2026 via checked.be.