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Logilux: 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.

What changed

Logilux

BE 0802.163.274
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€27,242
2025 · €65,441-€38,199
Equity
€89,085
2025 · €68,441+€20,644
Cash
€45,944
2025 · €66,950-€21,006
Balance sheet total
€146,467
2025 · €138,169+€8,298

Largest movements

2025 to 2026
Assets
  • Cash -€21,006

    down €21,006 (-31.4%), from €66,950 to €45,944

    mainly Investment in fixed assets (net) (-€28,862) and Receivables within one year (-€12,878)

  • Receivables within one year +€12,878

    up €12,878 (+149.4%), from €8,622 to €21,499

    of which Trade receivables: +€12,827

  • Stocks and contracts +€8,595

    new in 2026: €8,595

  • Intangible fixed assets +€5,674

    new in 2026: €5,674

  • Tangible fixed assets +€2,507

    up €2,507 (+4.2%), from €60,326 to €62,833

    of which Plant, machinery and equipment: +€4,732

Equity and liabilities
  • Reserves +€20,644

    up €20,644 (+31.5%), from €65,441 to €86,085

  • Debts after one year -€10,437

    down €10,437 (-70.0%), from €14,912 to €4,475

  • Tax, wage and social debts -€9,844

    down €9,844 (-39.4%), from €25,009 to €15,165

    of which Taxes: -€10,689

  • Trade debts +€5,558

    up €5,558 (+54.9%), from €10,121 to €15,679

  • Other debts +€1,754

    up €1,754 (+18.7%), from €9,363 to €11,117

Income statement
  • Gross operating margin -€38,978

    down €38,978 (-39.3%), from €99,230 to €60,252

  • Taxes -€9,616

    down €9,616 (-52.1%), from €18,456 to €8,840

  • Depreciation +€8,478

    up €8,478 (+69.5%), from €12,202 to €20,681

  • Other operating charges -€1,290

    down €1,290 (-48.4%), from €2,667 to €1,377

From the 2025 result to the 2026 result

effect on the 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.

Result 2025 €65,441
Gross operating margin -€38,978
Depreciation -€8,478
Other operating charges +€1,290
Financial income -€881
Financial charges -€767
Taxes +€9,616
Result 2026 €27,242

Cash bridge derived

cash 2025 to 2026

Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€24,478
Investment -€28,862
Financing -€16,622
Cash 2025 €66,950
Net result for the year +€27,242
Depreciation +€20,681
Stocks and contracts -€8,595
Receivables within one year -€12,878
Deferred charges and accrued income +€350
Trade debts +€5,558
Tax, wage and social debts -€9,844
Other debts +€1,754
Accrued charges and deferred income +€210
Investment in fixed assets (net) -€28,862
Debts after one year -€10,437
Current portion of long-term debt +€414
Contributions, distributions and other -€6,598
Cash 2026 €45,944
Every line side by side 44 lines
Line Code 2025 2026 Change %
Total assets 20/58 €138,169 €146,467 +€8,298 +6.0%
Fixed assets 21/28 €60,326 €68,507 +€8,181 +13.6%
Intangible fixed assets 21 - €5,674 +€5,674
Tangible fixed assets 22/27 €60,326 €62,833 +€2,507 +4.2%
Land and buildings 22 - €2,850 +€2,850
Plant, machinery and equipment 23 €5,149 €9,882 +€4,732 +91.9%
Furniture and vehicles 24 €55,176 €50,101 -€5,075 -9.2%
Current assets 29/58 €77,843 €77,960 +€117 +0.2%
Stocks and contracts in progress 3 - €8,595 +€8,595
Contracts in progress 37 - €8,595 +€8,595
Amounts receivable within one year 40/41 €8,622 €21,499 +€12,878 +149.4%
Trade receivables 40 €3,054 €15,881 +€12,827 +420.0%
Other amounts receivable 41 €5,568 €5,618 +€50 +0.9%
Cash at bank and in hand 54/58 €66,950 €45,944 -€21,006 -31.4%
Deferred charges and accrued income 490/1 €2,271 €1,922 -€350 -15.4%
Total equity and liabilities 10/49 €138,169 €146,467 +€8,298 +6.0%
Equity 10/15 €68,441 €89,085 +€20,644 +30.2%
Contributions 10/11 €3,000 €3,000 = 0.0%
Reserves 13 €65,441 €86,085 +€20,644 +31.5%
Distributable reserves 133 €65,441 €86,085 +€20,644 +31.5%
Amounts payable 17/49 €69,728 €57,383 -€12,345 -17.7%
Amounts payable after more than one year 17 €14,912 €4,475 -€10,437 -70.0%
Financial debts 170/4 €14,912 €4,475 -€10,437 -70.0%
Amounts payable within one year 42/48 €54,516 €52,398 -€2,118 -3.9%
Current portion of amounts payable after more than one year 42 €10,024 €10,437 +€414 +4.1%
Trade debts 44 €10,121 €15,679 +€5,558 +54.9%
Suppliers 440/4 €10,121 €15,679 +€5,558 +54.9%
Taxes, remuneration and social security 45 €25,009 €15,165 -€9,844 -39.4%
Taxes 450/3 €22,956 €12,267 -€10,689 -46.6%
Remuneration and social security 454/9 €2,053 €2,898 +€845 +41.1%
Other amounts payable 47/48 €9,363 €11,117 +€1,754 +18.7%
Accrued charges and deferred income 492/3 €300 €510 +€210 +70.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €12,202 €20,681 +€8,478 +69.5%
Other operating charges 640/8 €2,667 €1,377 -€1,290 -48.4%
Gross operating margin 9900 €99,230 €60,252 -€38,978 -39.3%
Operating profit (loss) 9901 €84,361 €38,194 -€46,166 -54.7%
Financial income 75/76B €1,848 €967 -€881 -47.7%
Recurring financial income 75 €1,848 €967 -€881 -47.7%
Financial charges 65/66B €2,313 €3,080 +€767 +33.2%
Recurring financial charges 65 €2,313 €3,080 +€767 +33.2%
Profit (loss) for the period before taxes 9903 €83,897 €36,082 -€47,815 -57.0%
Income taxes 67/77 €18,456 €8,840 -€9,616 -52.1%
Profit (loss) for the period 9904 €65,441 €27,242 -€38,199 -58.4%
Profit (loss) for the period to be appropriated 9905 €65,441 €27,242 -€38,199 -58.4%

Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.