LOGILITY: 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.
LOGILITY
Largest movements
- Intangible fixed assets -€627,878
down €627,878 (-25.0%), from €2.5m to €1.9m
- Receivables within one year -€385,057
down €385,057 (-52.0%), from €740,212 to €355,155
of which Trade receivables: -€594,897
- Profit (loss) carried forward -€2.7m
down €2.7m (-92.4%), from -€2.9m to -€5.5m
- Other debts +€1.6m
up €1.6m (+138.3%), from €1.2m to €2.8m
- Trade debts -€271,581
down €271,581 (-86.4%), from €314,250 to €42,668
- Provisions +€182,011
new in 2024: €182,011
- Tax, wage and social debts +€67,901
up €67,901 (+56.5%), from €120,266 to €188,167
of which Taxes: +€50,058
- Gross operating margin -€850,313
down €850,313, from €175,747 to -€674,566
- Staff costs +€187,746
up €187,746 (+20.4%), from €920,601 to €1.1m
- Depreciation +€129,834
up €129,834 (+25.0%), from €520,353 to €650,187
- Financial income -€127,403
down €127,403 (-99.9%), from €127,528 to €125
- Write-downs -€78,075
down €78,075 (-100.0%), from €78,075 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,339,448 | €2,350,066 | -€989,382 | -29.6% |
| Formation expenses | 20 | €4,850 | €2,190 | -€2,660 | -54.9% |
| Fixed assets | 21/28 | €2,526,324 | €1,893,703 | -€632,621 | -25.0% |
| Intangible fixed assets | 21 | €2,507,611 | €1,879,733 | -€627,878 | -25.0% |
| Tangible fixed assets | 22/27 | €6,576 | €1,833 | -€4,743 | -72.1% |
| Plant, machinery and equipment | 23 | €6,576 | €1,833 | -€4,743 | -72.1% |
| Financial fixed assets | 28 | €12,137 | €12,137 | = | 0.0% |
| Current assets | 29/58 | €808,274 | €454,173 | -€354,101 | -43.8% |
| Amounts receivable within one year | 40/41 | €740,212 | €355,155 | -€385,057 | -52.0% |
| Trade receivables | 40 | €717,301 | €122,404 | -€594,897 | -82.9% |
| Other amounts receivable | 41 | €22,911 | €232,751 | +€209,840 | +915.9% |
| Cash at bank and in hand | 54/58 | €47,210 | €79,858 | +€32,648 | +69.2% |
| Deferred charges and accrued income | 490/1 | €20,852 | €19,161 | -€1,692 | -8.1% |
| Total equity and liabilities | 10/49 | €3,339,448 | €2,350,066 | -€989,382 | -29.6% |
| Equity | 10/15 | €1,654,591 | -€1,002,889 | -€2.7m | |
| Contributions | 10/11 | €4,531,236 | €4,531,236 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,876,645 | -€5,534,125 | -€2.7m | -92.4% |
| Provisions and deferred taxes | 16 | - | €182,011 | +€182,011 | |
| Provisions for liabilities and charges | 160/5 | - | €182,011 | +€182,011 | |
| Taxes | 161 | - | €182,011 | +€182,011 | |
| Amounts payable | 17/49 | €1,684,856 | €3,170,943 | +€1.5m | +88.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,622,706 | €3,062,612 | +€1.4m | +88.7% |
| Trade debts | 44 | €314,250 | €42,668 | -€271,581 | -86.4% |
| Suppliers | 440/4 | €314,250 | €42,668 | -€271,581 | -86.4% |
| Taxes, remuneration and social security | 45 | €120,266 | €188,167 | +€67,901 | +56.5% |
| Taxes | 450/3 | €764 | €50,822 | +€50,058 | +6556.0% |
| Remuneration and social security | 454/9 | €119,503 | €137,345 | +€17,842 | +14.9% |
| Other amounts payable | 47/48 | €1,188,191 | €2,831,777 | +€1.6m | +138.3% |
| Accrued charges and deferred income | 492/3 | €62,150 | €108,331 | +€46,181 | +74.3% |
| Remuneration, social security and pensions | 62 | €920,601 | €1,108,347 | +€187,746 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €520,353 | €650,187 | +€129,834 | +25.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €78,075 | €0 | -€78,075 | -100.0% |
| Other operating charges | 640/8 | €71,945 | €0 | -€71,945 | -100.0% |
| Non-recurring operating charges | 66A | - | €182,011 | +€182,011 | |
| Gross operating margin | 9900 | €175,747 | -€674,566 | -€850,313 | |
| Operating profit (loss) | 9901 | -€1,415,228 | -€2,615,111 | -€1.2m | -84.8% |
| Financial income | 75/76B | €127,528 | €125 | -€127,403 | -99.9% |
| Recurring financial income | 75 | €127,528 | €125 | -€127,403 | -99.9% |
| Financial charges | 65/66B | €55,382 | €41,483 | -€13,898 | -25.1% |
| Recurring financial charges | 65 | €55,382 | €41,483 | -€13,898 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,343,081 | -€2,656,470 | -€1.3m | -97.8% |
| Income taxes | 67/77 | €898 | €1,010 | +€112 | +12.4% |
| Profit (loss) for the period | 9904 | -€1,343,980 | -€2,657,480 | -€1.3m | -97.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,343,980 | -€2,657,480 | -€1.3m | -97.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.