LOGIEGRAFIX: 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.
LOGIEGRAFIX
Largest movements
- Tangible fixed assets -€280,123
down €280,123 (-25.7%), from €1.1m to €809,125
of which Leasing and similar rights: -€164,255
- Financial fixed assets +€128,005
new in 2025: €128,005
- Receivables within one year -€84,567
down €84,567 (-60.7%), from €139,395 to €54,828
of which Trade receivables: -€84,912
- Stocks and contracts -€77,357
down €77,357 (-100.0%), from €77,357 to €0
- Cash -€72,427
down €72,427 (-90.9%), from €79,716 to €7,289
mainly Current portion of long-term debt (-€210,796) and Debts after one year (-€128,419)
- Current portion of long-term debt -€210,796
down €210,796 (-82.2%), from €256,587 to €45,791
- Debts after one year -€128,419
down €128,419 (-17.3%), from €743,107 to €614,688
- Trade debts -€63,341
down €63,341 (-81.4%), from €77,813 to €14,471
- Other debts +€32,231
up €32,231 (+341.0%), from €9,453 to €41,683
- Tax, wage and social debts -€22,014
down €22,014 (-47.5%), from €46,381 to €24,367
of which Taxes: -€11,819
- Gross operating margin -€145,905
down €145,905 (-26.4%), from €551,953 to €406,048
- Taxes -€20,934
down €20,934 (-99.3%), from €21,089 to €155
- Staff costs -€16,325
down €16,325 (-6.3%), from €257,620 to €241,295
- Depreciation -€13,832
down €13,832 (-9.4%), from €146,644 to €132,812
- Financial charges -€7,867
down €7,867 (-27.3%), from €28,840 to €20,973
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 | €1,390,034 | €999,247 | -€390,786 | -28.1% |
| Fixed assets | 21/28 | €1,089,249 | €937,131 | -€152,118 | -14.0% |
| Tangible fixed assets | 22/27 | €1,089,249 | €809,125 | -€280,123 | -25.7% |
| Land and buildings | 22 | €8,841 | €1,841 | -€7,000 | -79.2% |
| Plant, machinery and equipment | 23 | €32,900 | €0 | -€32,900 | -100.0% |
| Furniture and vehicles | 24 | €113,632 | €47,964 | -€65,668 | -57.8% |
| Leasing and similar rights | 25 | €164,255 | €0 | -€164,255 | -100.0% |
| Other tangible fixed assets | 26 | €769,621 | €759,321 | -€10,301 | -1.3% |
| Financial fixed assets | 28 | - | €128,005 | +€128,005 | |
| Current assets | 29/58 | €300,785 | €62,117 | -€238,668 | -79.3% |
| Stocks and contracts in progress | 3 | €77,357 | €0 | -€77,357 | -100.0% |
| Stocks | 30/36 | €77,357 | €0 | -€77,357 | -100.0% |
| Amounts receivable within one year | 40/41 | €139,395 | €54,828 | -€84,567 | -60.7% |
| Trade receivables | 40 | €139,394 | €54,482 | -€84,912 | -60.9% |
| Other amounts receivable | 41 | €0 | €345 | +€345 | +74978.3% |
| Cash at bank and in hand | 54/58 | €79,716 | €7,289 | -€72,427 | -90.9% |
| Deferred charges and accrued income | 490/1 | €4,317 | €0 | -€4,317 | -100.0% |
| Total equity and liabilities | 10/49 | €1,390,034 | €999,247 | -€390,786 | -28.1% |
| Equity | 10/15 | €253,352 | €255,758 | +€2,406 | +0.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €248,352 | €250,758 | +€2,406 | +1.0% |
| Distributable reserves | 133 | €248,352 | €250,758 | +€2,406 | +1.0% |
| Amounts payable | 17/49 | €1,136,682 | €743,490 | -€393,192 | -34.6% |
| Amounts payable after more than one year | 17 | €743,107 | €614,688 | -€128,419 | -17.3% |
| Financial debts | 170/4 | €743,107 | €614,688 | -€128,419 | -17.3% |
| Amounts payable within one year | 42/48 | €390,232 | €126,312 | -€263,920 | -67.6% |
| Current portion of amounts payable after more than one year | 42 | €256,587 | €45,791 | -€210,796 | -82.2% |
| Trade debts | 44 | €77,813 | €14,471 | -€63,341 | -81.4% |
| Suppliers | 440/4 | €77,813 | €14,471 | -€63,341 | -81.4% |
| Taxes, remuneration and social security | 45 | €46,381 | €24,367 | -€22,014 | -47.5% |
| Taxes | 450/3 | €36,186 | €24,367 | -€11,819 | -32.7% |
| Remuneration and social security | 454/9 | €10,195 | €0 | -€10,195 | -100.0% |
| Other amounts payable | 47/48 | €9,453 | €41,683 | +€32,231 | +341.0% |
| Accrued charges and deferred income | 492/3 | €3,342 | €2,490 | -€853 | -25.5% |
| Non-recurring operating income | 76A | €8,533 | €0 | -€8,533 | -100.0% |
| Remuneration, social security and pensions | 62 | €257,620 | €241,295 | -€16,325 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,644 | €132,812 | -€13,832 | -9.4% |
| Other operating charges | 640/8 | €7,625 | €8,430 | +€806 | +10.6% |
| Gross operating margin | 9900 | €551,953 | €406,048 | -€145,905 | -26.4% |
| Operating profit (loss) | 9901 | €140,064 | €23,510 | -€116,554 | -83.2% |
| Financial income | 75/76B | €56 | €24 | -€31 | -56.5% |
| Recurring financial income | 75 | €56 | €24 | -€31 | -56.5% |
| Financial charges | 65/66B | €28,840 | €20,973 | -€7,867 | -27.3% |
| Recurring financial charges | 65 | €28,840 | €20,973 | -€7,867 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €111,279 | €2,560 | -€108,719 | -97.7% |
| Income taxes | 67/77 | €21,089 | €155 | -€20,934 | -99.3% |
| Profit (loss) for the period | 9904 | €90,190 | €2,406 | -€87,785 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €90,190 | €2,406 | -€87,785 | -97.3% |
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 9 October 2026 via checked.be.