LOGIFIN: 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.
LOGIFIN
Largest movements
- Current investments -€111,807
down €111,807 (-29.6%), from €377,143 to €265,336
- Cash +€94,059
up €94,059 (+78.0%), from €120,603 to €214,663
mainly Net result for the year (+€244,333) and Current investments (+€111,807)
- Receivables after one year -€45,425
down €45,425 (-100%), from €45,425 to €0
- Other debts -€98,660
down €98,660 (-100%), from €98,660 to €0
- Reserves +€48,949
up €48,949 (+9.0%), from €546,053 to €595,002
- Provisions -€31,185
down €31,185 (-100%), from €31,185 to €0
- Tax, wage and social debts +€27,442
up €27,442 (+133%), from €20,647 to €48,089
- Gross operating margin +€196,973
up €196,973 (+159%), from €123,904 to €320,878
- Taxes +€72,659
up €72,659 (+173%), from €41,885 to €114,544
- Provisions -€31,185
down €31,185, from €0 to -€31,185
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.
Derived cash bridge
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 | €708,246 | €654,964 | -€53,281 | -7.5% |
| Fixed assets | 21/28 | €76,220 | €80,299 | +€4,079 | +5.4% |
| Tangible fixed assets | 22/27 | €1,220 | €5,299 | +€4,079 | +334% |
| Furniture and vehicles | 24 | €1,220 | €5,299 | +€4,079 | +334% |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €632,025 | €574,665 | -€57,360 | -9.1% |
| Amounts receivable after more than one year | 29 | €45,425 | €0 | -€45,425 | -100% |
| Other amounts receivable | 291 | €45,425 | €0 | -€45,425 | -100% |
| Amounts receivable within one year | 40/41 | €88,854 | €94,667 | +€5,813 | +6.5% |
| Trade receivables | 40 | €33,031 | €35,420 | +€2,389 | +7.2% |
| Other amounts receivable | 41 | €55,823 | €59,247 | +€3,424 | +6.1% |
| Current investments | 50/53 | €377,143 | €265,336 | -€111,807 | -29.6% |
| Cash at bank and in hand | 54/58 | €120,603 | €214,663 | +€94,059 | +78.0% |
| Total equity and liabilities | 10/49 | €708,246 | €654,964 | -€53,281 | -7.5% |
| Equity | 10/15 | €552,253 | €601,202 | +€48,949 | +8.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €546,053 | €595,002 | +€48,949 | +9.0% |
| Distributable reserves | 133 | €546,053 | €595,002 | +€48,949 | +9.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €31,185 | €0 | -€31,185 | -100% |
| Provisions for liabilities and charges | 160/5 | €31,185 | €0 | -€31,185 | -100% |
| Other liabilities and charges | 164/5 | €31,185 | €0 | -€31,185 | -100% |
| Amounts payable | 17/49 | €124,808 | €53,762 | -€71,046 | -56.9% |
| Amounts payable within one year | 42/48 | €124,808 | €53,762 | -€71,046 | -56.9% |
| Trade debts | 44 | €5,501 | €5,673 | +€172 | +3.1% |
| Suppliers | 440/4 | €5,501 | €5,673 | +€172 | +3.1% |
| Taxes, remuneration and social security | 45 | €20,647 | €48,089 | +€27,442 | +133% |
| Taxes | 450/3 | €20,647 | €48,089 | +€27,442 | +133% |
| Other amounts payable | 47/48 | €98,660 | €0 | -€98,660 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €363 | €493 | +€130 | +35.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | -€31,185 | -€31,185 | |
| Other operating charges | 640/8 | €2,923 | €1,592 | -€1,330 | -45.5% |
| Gross operating margin | 9900 | €123,904 | €320,878 | +€196,973 | +159% |
| Operating profit (loss) | 9901 | €120,619 | €349,977 | +€229,359 | +190% |
| Financial income | 75/76B | €10,925 | €9,955 | -€970 | -8.9% |
| Recurring financial income | 75 | €10,925 | €9,955 | -€970 | -8.9% |
| Financial charges | 65/66B | €676 | €1,056 | +€379 | +56.1% |
| Recurring financial charges | 65 | €676 | €1,056 | +€379 | +56.1% |
| Profit (loss) for the period before taxes | 9903 | €130,867 | €358,877 | +€228,010 | +174% |
| Income taxes | 67/77 | €41,885 | €114,544 | +€72,659 | +173% |
| Profit (loss) for the period | 9904 | €88,982 | €244,333 | +€155,351 | +175% |
| Profit (loss) for the period to be appropriated | 9905 | €88,982 | €244,333 | +€155,351 | +175% |
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 30 October 2026 via checked.be.