Logimar 2220: 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.
Logimar 2220
Largest movements
- Financial fixed assets -€4.4m
down €4.4m (-99.9%), from €4.4m to €2,523
- Tangible fixed assets +€3.5m
up €3.5m (+309%), from €1.1m to €4.6m
of which Land and buildings: +€2.9m
- Intangible fixed assets +€2.6m
up €2.6m (+1,184%), from €216,644 to €2.8m
- Stocks and contracts -€1.2m
no longer reported in 2025 (was €1.2m)
- Receivables within one year -€220,837
down €220,837 (-79.6%), from €277,522 to €56,685
of which Other amounts receivable: -€163,099
- Other debts -€1.9m
down €1.9m (-30.6%), from €6.1m to €4.2m
- Debts after one year +€1.1m
new in 2025: €1.1m
- Profit (loss) carried forward +€532,517
up €532,517, from -€106,433 to €426,083
- Current portion of long-term debt +€133,705
new in 2025: €133,705
- Tax, wage and social debts +€90,123
up €90,123 (+1,863%), from €4,837 to €94,960
- Gross operating margin +€723,617
up €723,617 (+2,411%), from €30,013 to €753,630
- Depreciation +€230,044
up €230,044 (+590%), from €39,001 to €269,045
- Financial income +€218,833
up €218,833 (+494%), from €44,257 to €263,090
of which Non-recurring financial income: +€237,550
- Financial charges +€132,798
up €132,798 (+820%), from €16,200 to €148,999
- Taxes +€32,174
up €32,174 (+1,028%), from €3,130 to €35,304
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,728,770 | €7,728,782 | +€12 | 0.0% |
| Fixed assets | 21/28 | €5,752,324 | €7,366,084 | +€1.6m | +28.1% |
| Intangible fixed assets | 21 | €216,644 | €2,780,728 | +€2.6m | +1,184% |
| Tangible fixed assets | 22/27 | €1,120,074 | €4,582,833 | +€3.5m | +309% |
| Land and buildings | 22 | €939,400 | €3,815,064 | +€2.9m | +306% |
| Furniture and vehicles | 24 | - | €2,585 | +€2,585 | |
| Leasing and similar rights | 25 | - | €765,184 | +€765,184 | |
| Other tangible fixed assets | 26 | €180,674 | - | -€180,674 | |
| Financial fixed assets | 28 | €4,415,606 | €2,523 | -€4.4m | -99.9% |
| Current assets | 29/58 | €1,976,446 | €362,698 | -€1.6m | -81.6% |
| Stocks and contracts in progress | 3 | €1,180,067 | - | -€1.2m | |
| Stocks | 30/36 | €1,180,067 | - | -€1.2m | |
| Amounts receivable within one year | 40/41 | €277,522 | €56,685 | -€220,837 | -79.6% |
| Trade receivables | 40 | €60,000 | €2,262 | -€57,738 | -96.2% |
| Other amounts receivable | 41 | €217,522 | €54,423 | -€163,099 | -75.0% |
| Cash at bank and in hand | 54/58 | €518,857 | €306,013 | -€212,843 | -41.0% |
| Total equity and liabilities | 10/49 | €7,728,770 | €7,728,782 | +€12 | 0.0% |
| Equity | 10/15 | €1,576,915 | €2,109,432 | +€532,517 | +33.8% |
| Contributions | 10/11 | €1,575,000 | €1,575,000 | = | 0.0% |
| Reserves | 13 | €108,348 | €108,348 | = | 0.0% |
| Distributable reserves | 133 | €108,348 | €108,348 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,433 | €426,083 | +€532,517 | |
| Amounts payable | 17/49 | €6,151,855 | €5,619,350 | -€532,504 | -8.7% |
| Amounts payable after more than one year | 17 | - | €1,144,439 | +€1.1m | |
| Financial debts | 170/4 | - | €1,144,439 | +€1.1m | |
| Amounts payable within one year | 42/48 | €6,151,855 | €4,474,911 | -€1.7m | -27.3% |
| Current portion of amounts payable after more than one year | 42 | - | €133,705 | +€133,705 | |
| Trade debts | 44 | €60,761 | €19,448 | -€41,312 | -68.0% |
| Suppliers | 440/4 | €60,761 | €19,448 | -€41,312 | -68.0% |
| Taxes, remuneration and social security | 45 | €4,837 | €94,960 | +€90,123 | +1,863% |
| Taxes | 450/3 | €4,837 | €94,960 | +€90,123 | +1,863% |
| Other amounts payable | 47/48 | €6,086,257 | €4,226,798 | -€1.9m | -30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,001 | €269,045 | +€230,044 | +590% |
| Other operating charges | 640/8 | €27,545 | €30,855 | +€3,310 | +12.0% |
| Gross operating margin | 9900 | €30,013 | €753,630 | +€723,617 | +2,411% |
| Operating profit (loss) | 9901 | -€36,533 | €453,729 | +€490,262 | |
| Financial income | 75/76B | €44,257 | €263,090 | +€218,833 | +494% |
| Recurring financial income | 75 | €44,257 | €25,540 | -€18,717 | -42.3% |
| Non-recurring financial income | 76B | - | €237,550 | +€237,550 | |
| Financial charges | 65/66B | €16,200 | €148,999 | +€132,798 | +820% |
| Recurring financial charges | 65 | €16,200 | €148,999 | +€132,798 | +820% |
| Profit (loss) for the period before taxes | 9903 | -€8,477 | €567,820 | +€576,297 | |
| Income taxes | 67/77 | €3,130 | €35,304 | +€32,174 | +1,028% |
| Profit (loss) for the period | 9904 | -€11,606 | €532,517 | +€544,123 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,606 | €532,517 | +€544,123 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.