LOGIFRESH: 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.
LOGIFRESH
Largest movements
- Cash +€193,436
up €193,436 (+135%), from €143,289 to €336,725
mainly Debts after one year (+€190,935) and Net result for the year (+€103,601)
- Receivables within one year -€75,359
down €75,359 (-17.2%), from €437,950 to €362,591
of which Other amounts receivable: -€48,238
- Tangible fixed assets -€60,000
down €60,000 (-19.3%), from €310,447 to €250,446
of which Furniture and vehicles: -€60,000
- Trade debts -€355,569
down €355,569 (-47.7%), from €745,003 to €389,433
- Debts after one year +€190,935
new in 2025: €190,935
- Profit (loss) carried forward +€103,601
new in 2025: €103,601
- Accrued charges and deferred income +€79,565
up €79,565 (+497%), from €16,000 to €95,565
- Current portion of long-term debt +€57,782
new in 2025: €57,782
- Gross operating margin +€124,495
up €124,495 (+103%), from €120,674 to €245,169
- Staff costs -€61,770
down €61,770 (-47.2%), from €130,919 to €69,149
- Depreciation +€56,670
up €56,670 (+1,702%), from €3,330 to €60,000
- Financial charges +€8,720
up €8,720 (+873%), from €999 to €9,719
- Other operating charges +€2,615
up €2,615 (+328%), from €797 to €3,412
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 | €892,951 | €951,464 | +€58,512 | +6.6% |
| Fixed assets | 21/28 | €310,447 | €250,446 | -€60,000 | -19.3% |
| Tangible fixed assets | 22/27 | €310,447 | €250,446 | -€60,000 | -19.3% |
| Plant, machinery and equipment | 23 | €7,153 | €7,153 | = | 0.0% |
| Furniture and vehicles | 24 | €303,293 | €243,293 | -€60,000 | -19.8% |
| Current assets | 29/58 | €582,505 | €701,017 | +€118,512 | +20.3% |
| Amounts receivable within one year | 40/41 | €437,950 | €362,591 | -€75,359 | -17.2% |
| Trade receivables | 40 | €341,653 | €314,532 | -€27,122 | -7.9% |
| Other amounts receivable | 41 | €96,297 | €48,059 | -€48,238 | -50.1% |
| Cash at bank and in hand | 54/58 | €143,289 | €336,725 | +€193,436 | +135% |
| Deferred charges and accrued income | 490/1 | €1,265 | €1,701 | +€436 | +34.5% |
| Total equity and liabilities | 10/49 | €892,951 | €951,464 | +€58,512 | +6.6% |
| Equity | 10/15 | €109,639 | €213,240 | +€103,601 | +94.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €103,439 | €103,439 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €101,584 | €101,584 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €103,601 | +€103,601 | |
| Amounts payable | 17/49 | €783,313 | €738,224 | -€45,089 | -5.8% |
| Amounts payable after more than one year | 17 | - | €190,935 | +€190,935 | |
| Financial debts | 170/4 | - | €190,935 | +€190,935 | |
| Amounts payable within one year | 42/48 | €767,313 | €451,724 | -€315,589 | -41.1% |
| Current portion of amounts payable after more than one year | 42 | - | €57,782 | +€57,782 | |
| Trade debts | 44 | €745,003 | €389,433 | -€355,569 | -47.7% |
| Suppliers | 440/4 | €745,003 | €389,433 | -€355,569 | -47.7% |
| Taxes, remuneration and social security | 45 | €16,067 | €4,508 | -€11,559 | -71.9% |
| Taxes | 450/3 | €822 | €1,005 | +€183 | +22.3% |
| Remuneration and social security | 454/9 | €15,245 | €3,503 | -€11,742 | -77.0% |
| Other amounts payable | 47/48 | €6,243 | - | -€6,243 | |
| Accrued charges and deferred income | 492/3 | €16,000 | €95,565 | +€79,565 | +497% |
| Remuneration, social security and pensions | 62 | €130,919 | €69,149 | -€61,770 | -47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,330 | €60,000 | +€56,670 | +1,702% |
| Other operating charges | 640/8 | €797 | €3,412 | +€2,615 | +328% |
| Gross operating margin | 9900 | €120,674 | €245,169 | +€124,495 | +103% |
| Operating profit (loss) | 9901 | -€14,372 | €112,608 | +€126,980 | |
| Financial income | 75/76B | €595 | €712 | +€117 | +19.6% |
| Recurring financial income | 75 | €595 | €712 | +€117 | +19.6% |
| Financial charges | 65/66B | €999 | €9,719 | +€8,720 | +873% |
| Recurring financial charges | 65 | €999 | €9,719 | +€8,720 | +873% |
| Profit (loss) for the period before taxes | 9903 | -€14,776 | €103,601 | +€118,377 | |
| Income taxes | 67/77 | €395 | - | -€395 | |
| Profit (loss) for the period | 9904 | -€15,170 | €103,601 | +€118,772 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,170 | €103,601 | +€118,772 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.