LOGIKA: what changed
LOGIKA
Largest movements
- Current investments +€250,308
up €250,308 (+28.5%), from €877,949 to €1.1m
- Receivables within one year +€193,937
up €193,937 (+1,527%), from €12,697 to €206,634
of which Other amounts receivable: +€195,413
- Cash +€91,924
up €91,924 (+115%), from €79,590 to €171,514
mainly Net result for the year (+€615,126) and Tax, wage and social debts (+€203,894)
- Financial fixed assets +€45,857
up €45,857 (+71.0%), from €64,617 to €110,474
- Reserves +€389,235
up €389,235 (+39.4%), from €987,244 to €1.4m
- Tax, wage and social debts +€203,894
up €203,894 (+539%), from €37,863 to €241,756
- Gross operating margin +€542,674
up €542,674 (+153%), from €354,428 to €897,102
- Taxes +€178,880
up €178,880 (+155%), from €115,606 to €294,486
- Financial income +€12,859
up €12,859 (+123%), from €10,445 to €23,304
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,040,408 | €1,620,096 | +€579,688 | +55.7% |
| Fixed assets | 21/28 | €70,172 | €113,691 | +€43,519 | +62.0% |
| Tangible fixed assets | 22/27 | €5,555 | €3,217 | -€2,338 | -42.1% |
| Furniture and vehicles | 24 | €5,555 | €3,217 | -€2,338 | -42.1% |
| Financial fixed assets | 28 | €64,617 | €110,474 | +€45,857 | +71.0% |
| Current assets | 29/58 | €970,236 | €1,506,405 | +€536,170 | +55.3% |
| Amounts receivable within one year | 40/41 | €12,697 | €206,634 | +€193,937 | +1,527% |
| Trade receivables | 40 | €12,697 | €11,221 | -€1,476 | -11.6% |
| Other amounts receivable | 41 | - | €195,413 | +€195,413 | |
| Current investments | 50/53 | €877,949 | €1,128,257 | +€250,308 | +28.5% |
| Cash at bank and in hand | 54/58 | €79,590 | €171,514 | +€91,924 | +115% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,040,408 | €1,620,096 | +€579,688 | +55.7% |
| Equity | 10/15 | €987,244 | €1,376,479 | +€389,235 | +39.4% |
| Reserves | 13 | €987,244 | €1,376,479 | +€389,235 | +39.4% |
| Distributable reserves | 133 | €987,244 | €1,376,479 | +€389,235 | +39.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €53,164 | €243,617 | +€190,453 | +358% |
| Amounts payable within one year | 42/48 | €52,037 | €242,617 | +€190,581 | +366% |
| Trade debts | 44 | €552 | €861 | +€309 | +55.9% |
| Suppliers | 440/4 | €552 | €861 | +€309 | +55.9% |
| Taxes, remuneration and social security | 45 | €37,863 | €241,756 | +€203,894 | +539% |
| Taxes | 450/3 | €37,863 | €241,756 | +€203,894 | +539% |
| Other amounts payable | 47/48 | €13,622 | €0 | -€13,622 | -100% |
| Accrued charges and deferred income | 492/3 | €1,128 | €1,000 | -€128 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,588 | €2,338 | +€750 | +47.2% |
| Other operating charges | 640/8 | €652 | €1,131 | +€479 | +73.4% |
| Gross operating margin | 9900 | €354,428 | €897,102 | +€542,674 | +153% |
| Operating profit (loss) | 9901 | €352,188 | €893,632 | +€541,444 | +154% |
| Financial income | 75/76B | €10,445 | €23,304 | +€12,859 | +123% |
| Recurring financial income | 75 | €10,445 | €23,304 | +€12,859 | +123% |
| Financial charges | 65/66B | €4,738 | €7,325 | +€2,587 | +54.6% |
| Recurring financial charges | 65 | €4,738 | €7,325 | +€2,587 | +54.6% |
| Profit (loss) for the period before taxes | 9903 | €357,895 | €909,611 | +€551,716 | +154% |
| Income taxes | 67/77 | €115,606 | €294,486 | +€178,880 | +155% |
| Profit (loss) for the period | 9904 | €242,289 | €615,126 | +€372,837 | +154% |
| Profit (loss) for the period to be appropriated | 9905 | €242,289 | €615,126 | +€372,837 | +154% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.