LogiKS: what changed
LogiKS
Largest movements
- Tangible fixed assets +€484,550
up €484,550 (+3,728%), from €12,998 to €497,548
of which Land and buildings: +€484,384
- Cash -€42,433
down €42,433 (-45.1%), from €94,177 to €51,744
mainly Investment in fixed assets (net) (-€506,500) and Receivables within one year (-€20,111)
- Receivables within one year +€20,111
new in 2025: €20,111
- Current investments +€12,654
up €12,654 (+59.3%), from €21,338 to €33,992
- Debts after one year +€438,773
up €438,773 (+5,762%), from €7,615 to €446,388
- Other debts +€42,269
new in 2025: €42,269
- Current portion of long-term debt +€18,210
up €18,210 (+545%), from €3,338 to €21,548
- Accrued charges and deferred income -€12,256
no longer reported in 2025 (was €12,256)
- Trade debts -€10,599
down €10,599 (-84.7%), from €12,508 to €1,909
of which Bills of exchange payable: -€10,642
- Gross operating margin -€38,879
down €38,879 (-52.3%), from €74,341 to €35,462
- Depreciation +€17,502
up €17,502 (+393%), from €4,448 to €21,950
- Financial charges +€12,193
up €12,193 (+1,729%), from €705 to €12,898
- Taxes -€11,951
down €11,951 (-82.0%), from €14,581 to €2,631
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 | €129,015 | €603,395 | +€474,380 | +368% |
| Fixed assets | 21/28 | €12,998 | €497,548 | +€484,550 | +3,728% |
| Tangible fixed assets | 22/27 | €12,998 | €497,548 | +€484,550 | +3,728% |
| Land and buildings | 22 | - | €484,384 | +€484,384 | |
| Plant, machinery and equipment | 23 | €2,261 | €5,886 | +€3,625 | +160% |
| Furniture and vehicles | 24 | €10,737 | €7,279 | -€3,458 | -32.2% |
| Current assets | 29/58 | €116,018 | €105,847 | -€10,171 | -8.8% |
| Amounts receivable within one year | 40/41 | - | €20,111 | +€20,111 | |
| Trade receivables | 40 | - | €20,111 | +€20,111 | |
| Current investments | 50/53 | €21,338 | €33,992 | +€12,654 | +59.3% |
| Cash at bank and in hand | 54/58 | €94,177 | €51,744 | -€42,433 | -45.1% |
| Deferred charges and accrued income | 490/1 | €502 | - | -€502 | |
| Total equity and liabilities | 10/49 | €129,015 | €603,395 | +€474,380 | +368% |
| Equity | 10/15 | €93,298 | €91,135 | -€2,163 | -2.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €88,298 | €88,298 | = | 0.0% |
| Distributable reserves | 133 | €88,298 | €88,298 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,163 | -€2,163 | |
| Amounts payable | 17/49 | €35,717 | €512,260 | +€476,542 | +1,334% |
| Amounts payable after more than one year | 17 | €7,615 | €446,388 | +€438,773 | +5,762% |
| Financial debts | 170/4 | €7,615 | €446,388 | +€438,773 | +5,762% |
| Amounts payable within one year | 42/48 | €15,847 | €65,872 | +€50,025 | +316% |
| Current portion of amounts payable after more than one year | 42 | €3,338 | €21,548 | +€18,210 | +545% |
| Trade debts | 44 | €12,508 | €1,909 | -€10,599 | -84.7% |
| Suppliers | 440/4 | €1,866 | €1,909 | +€43 | +2.3% |
| Bills of exchange payable | 441 | €10,642 | - | -€10,642 | |
| Taxes, remuneration and social security | 45 | - | €146 | +€146 | |
| Taxes | 450/3 | - | €146 | +€146 | |
| Other amounts payable | 47/48 | - | €42,269 | +€42,269 | |
| Accrued charges and deferred income | 492/3 | €12,256 | - | -€12,256 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,448 | €21,950 | +€17,502 | +393% |
| Other operating charges | 640/8 | €390 | €799 | +€409 | +105% |
| Gross operating margin | 9900 | €74,341 | €35,462 | -€38,879 | -52.3% |
| Operating profit (loss) | 9901 | €69,503 | €12,713 | -€56,790 | -81.7% |
| Financial income | 75/76B | €367 | €654 | +€287 | +78.2% |
| Recurring financial income | 75 | €367 | €654 | +€287 | +78.2% |
| Financial charges | 65/66B | €705 | €12,898 | +€12,193 | +1,729% |
| Recurring financial charges | 65 | €705 | €12,898 | +€12,193 | +1,729% |
| Profit (loss) for the period before taxes | 9903 | €69,164 | €468 | -€68,697 | -99.3% |
| Income taxes | 67/77 | €14,581 | €2,631 | -€11,951 | -82.0% |
| Profit (loss) for the period | 9904 | €54,583 | -€2,163 | -€56,746 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,583 | -€2,163 | -€56,746 |
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 4 November 2026 via checked.be.