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LOGIDAX: 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.

What changed

LOGIDAX

BE 0793.778.813
NACE 70.200, Business and other management consultancy
financial year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€23,063
2025 · €54,685-€31,623
Equity
€26,063
2025 · €113,093-€87,030
Cash
€163
2025 · €5,911-€5,748
Balance sheet total
€1.3m
2025 · €1.3m-€14,839

Largest movements

2025 to 2026
Assets
  • Tangible fixed assets -€25,304

    down €25,304 (-19.9%), from €127,444 to €102,140

    of which Furniture and vehicles: -€20,821

  • Receivables within one year +€16,060

    up €16,060 (+10.2%), from €156,863 to €172,924

    of which Other amounts receivable: +€9,646

Equity and liabilities
  • Other debts +€106,203

    up €106,203 (+16.9%), from €626,864 to €733,067

  • Profit (loss) carried forward -€87,030

    down €87,030 (-79.1%), from €110,093 to €23,063

  • Debts after one year -€41,609

    down €41,609 (-7.6%), from €546,874 to €505,265

Income statement
  • Gross operating margin -€21,286

    down €21,286 (-17.0%), from €125,568 to €104,282

  • Financial charges +€19,318

    up €19,318 (+81.8%), from €23,628 to €42,946

  • Taxes -€10,081

    down €10,081 (-47.3%), from €21,320 to €11,239

From the 2025 result to the 2026 result

effect on the 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.

Result 2025 €54,685
Gross operating margin -€21,286
Depreciation -€914
Other operating charges -€230
Financial income +€44
Financial charges -€19,318
Taxes +€10,081
Result 2026 €23,063

Cash bridge derived

cash 2025 to 2026

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.

From operations +€147,186
Investment -€1,736
Financing -€151,198
Cash 2025 €5,911
Net result for the year +€23,063
Depreciation +€27,040
Receivables within one year -€16,060
Smaller working-capital items -€133
Trade debts +€1,579
Tax, wage and social debts +€5,496
Other debts +€106,203
Investment in fixed assets (net) -€1,736
Debts after one year -€41,609
Current portion of long-term debt +€503
Contributions, distributions and other -€110,093
Cash 2026 €163
Every line side by side 39 lines
Line Code 2025 2026 Change %
Total assets 20/58 €1,335,526 €1,320,687 -€14,839 -1.1%
Fixed assets 21/28 €1,170,513 €1,145,209 -€25,304 -2.2%
Tangible fixed assets 22/27 €127,444 €102,140 -€25,304 -19.9%
Land and buildings 22 €40,763 €36,280 -€4,483 -11.0%
Furniture and vehicles 24 €86,681 €65,859 -€20,821 -24.0%
Financial fixed assets 28 €1,043,069 €1,043,069 = 0.0%
Current assets 29/58 €165,013 €175,478 +€10,464 +6.3%
Amounts receivable within one year 40/41 €156,863 €172,924 +€16,060 +10.2%
Trade receivables 40 €105,874 €112,288 +€6,415 +6.1%
Other amounts receivable 41 €50,990 €60,636 +€9,646 +18.9%
Cash at bank and in hand 54/58 €5,911 €163 -€5,748 -97.2%
Deferred charges and accrued income 490/1 €2,239 €2,391 +€152 +6.8%
Total equity and liabilities 10/49 €1,335,526 €1,320,687 -€14,839 -1.1%
Equity 10/15 €113,093 €26,063 -€87,030 -77.0%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €110,093 €23,063 -€87,030 -79.1%
Amounts payable 17/49 €1,222,433 €1,294,624 +€72,191 +5.9%
Amounts payable after more than one year 17 €546,874 €505,265 -€41,609 -7.6%
Financial debts 170/4 €546,874 €505,265 -€41,609 -7.6%
Amounts payable within one year 42/48 €674,179 €787,960 +€113,781 +16.9%
Current portion of amounts payable after more than one year 42 €13,606 €14,109 +€503 +3.7%
Trade debts 44 €3,290 €4,869 +€1,579 +48.0%
Suppliers 440/4 €3,290 €4,869 +€1,579 +48.0%
Taxes, remuneration and social security 45 €30,419 €35,915 +€5,496 +18.1%
Taxes 450/3 €30,419 €35,915 +€5,496 +18.1%
Other amounts payable 47/48 €626,864 €733,067 +€106,203 +16.9%
Accrued charges and deferred income 492/3 €1,380 €1,399 +€19 +1.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €26,126 €27,040 +€914 +3.5%
Other operating charges 640/8 €1,276 €1,505 +€230 +18.0%
Gross operating margin 9900 €125,568 €104,282 -€21,286 -17.0%
Operating profit (loss) 9901 €98,166 €75,737 -€22,429 -22.8%
Financial income 75/76B €1,467 €1,511 +€44 +3.0%
Recurring financial income 75 €1,467 €1,511 +€44 +3.0%
Financial charges 65/66B €23,628 €42,946 +€19,318 +81.8%
Recurring financial charges 65 €23,628 €42,946 +€19,318 +81.8%
Profit (loss) for the period before taxes 9903 €76,005 €34,302 -€41,704 -54.9%
Income taxes 67/77 €21,320 €11,239 -€10,081 -47.3%
Profit (loss) for the period 9904 €54,685 €23,063 -€31,623 -57.8%
Profit (loss) for the period to be appropriated 9905 €54,685 €23,063 -€31,623 -57.8%

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 10 October 2026 via checked.be.