LOGIFRA: 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.
LOGIFRA
Largest movements
- Tangible fixed assets -€34,479
down €34,479 (-11.3%), from €305,001 to €270,522
of which Plant, machinery and equipment: -€33,450
- Receivables within one year -€16,955
down €16,955 (-86.5%), from €19,592 to €2,637
of which Other amounts receivable: -€13,726
- Cash +€8,417
up €8,417 (+110.6%), from €7,608 to €16,025
mainly Investment in fixed assets (net) (+€17,708) and Receivables within one year (+€16,955)
- Profit (loss) carried forward -€31,142
down €31,142 (-103.8%), from -€30,013 to -€61,155
- Debts after one year -€10,723
down €10,723 (-25.4%), from €42,226 to €31,503
- Gross operating margin +€10,981
up €10,981, from -€7,293 to €3,688
- Depreciation +€5,614
up €5,614 (+50.3%), from €11,157 to €16,771
- Financial charges +€1,159
up €1,159 (+36.8%), from €3,149 to €4,309
- Other operating charges -€327
no longer reported in 2025 (was €327)
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 | €345,330 | €302,313 | -€43,017 | -12.5% |
| Fixed assets | 21/28 | €305,001 | €270,522 | -€34,479 | -11.3% |
| Tangible fixed assets | 22/27 | €305,001 | €270,522 | -€34,479 | -11.3% |
| Land and buildings | 22 | €253,635 | €253,806 | +€171 | +0.1% |
| Plant, machinery and equipment | 23 | €45,956 | €12,506 | -€33,450 | -72.8% |
| Furniture and vehicles | 24 | €5,410 | €4,210 | -€1,200 | -22.2% |
| Current assets | 29/58 | €40,329 | €31,792 | -€8,538 | -21.2% |
| Stocks and contracts in progress | 3 | €13,130 | €13,130 | = | 0.0% |
| Stocks | 30/36 | €13,130 | €13,130 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,592 | €2,637 | -€16,955 | -86.5% |
| Trade receivables | 40 | €5,000 | €1,771 | -€3,229 | -64.6% |
| Other amounts receivable | 41 | €14,592 | €866 | -€13,726 | -94.1% |
| Cash at bank and in hand | 54/58 | €7,608 | €16,025 | +€8,417 | +110.6% |
| Total equity and liabilities | 10/49 | €345,330 | €302,313 | -€43,017 | -12.5% |
| Equity | 10/15 | -€25,013 | -€56,155 | -€31,142 | -124.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,013 | -€61,155 | -€31,142 | -103.8% |
| Amounts payable | 17/49 | €370,344 | €358,468 | -€11,875 | -3.2% |
| Amounts payable after more than one year | 17 | €42,226 | €31,503 | -€10,723 | -25.4% |
| Financial debts | 170/4 | €42,226 | €31,503 | -€10,723 | -25.4% |
| Amounts payable within one year | 42/48 | €326,975 | €326,965 | -€9 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €16,827 | €14,646 | -€2,182 | -13.0% |
| Trade debts | 44 | - | €2,529 | +€2,529 | |
| Suppliers | 440/4 | - | €2,529 | +€2,529 | |
| Taxes, remuneration and social security | 45 | - | €198 | +€198 | |
| Taxes | 450/3 | - | €198 | +€198 | |
| Other amounts payable | 47/48 | €310,147 | €309,592 | -€555 | -0.2% |
| Accrued charges and deferred income | 492/3 | €1,143 | - | -€1,143 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,157 | €16,771 | +€5,614 | +50.3% |
| Other operating charges | 640/8 | €327 | - | -€327 | |
| Non-recurring operating charges | 66A | - | €13,750 | +€13,750 | |
| Gross operating margin | 9900 | -€7,293 | €3,688 | +€10,981 | |
| Operating profit (loss) | 9901 | -€18,777 | -€26,833 | -€8,057 | -42.9% |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.2% |
| Financial charges | 65/66B | €3,149 | €4,309 | +€1,159 | +36.8% |
| Recurring financial charges | 65 | €3,149 | €4,309 | +€1,159 | +36.8% |
| Profit (loss) for the period before taxes | 9903 | -€21,925 | -€31,142 | -€9,217 | -42.0% |
| Profit (loss) for the period | 9904 | -€21,925 | -€31,142 | -€9,217 | -42.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,925 | -€31,142 | -€9,217 | -42.0% |
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 7 October 2026 via checked.be.