LOGIMCO: 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.
LOGIMCO
Largest movements
- Cash +€76,181
up €76,181 (+30.6%), from €248,706 to €324,887
mainly Net result for the year (+€101,277) and Current investments (+€31,498)
- Current investments -€31,498
down €31,498 (-24.9%), from €126,404 to €94,906
- Reserves +€22,625
up €22,625 (+4.9%), from €463,208 to €485,832
- Tax, wage and social debts +€15,101
up €15,101 (+147%), from €10,283 to €25,384
of which Taxes: +€15,101
- Trade debts +€10,112
up €10,112 (+22.2%), from €45,603 to €55,715
- Provisions +€58,241
up €58,241, from -€58,241 to €0
- Gross operating margin +€42,351
up €42,351 (+44.6%), from €94,937 to €137,288
- Financial income +€9,238
up €9,238 (+119%), from €7,788 to €17,026
- Taxes -€7,798
down €7,798 (-17.5%), from €44,525 to €36,727
- Depreciation +€6,493
up €6,493 (+102%), from €6,343 to €12,836
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
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €545,788 | €593,750 | +€47,962 | +8.8% |
| Fixed assets | 21/28 | €31,090 | €36,093 | +€5,003 | +16.1% |
| Tangible fixed assets | 22/27 | €30,890 | €35,893 | +€5,003 | +16.2% |
| Plant, machinery and equipment | 23 | €6,851 | €4,392 | -€2,459 | -35.9% |
| Furniture and vehicles | 24 | €24,040 | €31,502 | +€7,462 | +31.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €514,698 | €557,657 | +€42,959 | +8.3% |
| Amounts receivable within one year | 40/41 | €125,309 | €120,297 | -€5,012 | -4.0% |
| Trade receivables | 40 | €125,309 | €120,297 | -€5,012 | -4.0% |
| Current investments | 50/53 | €126,404 | €94,906 | -€31,498 | -24.9% |
| Cash at bank and in hand | 54/58 | €248,706 | €324,887 | +€76,181 | +30.6% |
| Deferred charges and accrued income | 490/1 | €14,279 | €17,567 | +€3,288 | +23.0% |
| Total equity and liabilities | 10/49 | €545,788 | €593,750 | +€47,962 | +8.8% |
| Equity | 10/15 | €465,434 | €488,059 | +€22,625 | +4.9% |
| Contributions | 10/11 | €2,226 | €2,226 | = | 0.0% |
| Reserves | 13 | €463,208 | €485,832 | +€22,625 | +4.9% |
| Distributable reserves | 133 | €463,208 | €485,832 | +€22,625 | +4.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €23,951 | €23,951 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €23,951 | €23,951 | = | 0.0% |
| Pensions and similar obligations | 160 | €23,951 | €23,951 | = | 0.0% |
| Amounts payable | 17/49 | €56,403 | €81,741 | +€25,337 | +44.9% |
| Amounts payable within one year | 42/48 | €56,403 | €81,333 | +€24,930 | +44.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €45,603 | €55,715 | +€10,112 | +22.2% |
| Suppliers | 440/4 | €45,603 | €55,715 | +€10,112 | +22.2% |
| Taxes, remuneration and social security | 45 | €10,283 | €25,384 | +€15,101 | +147% |
| Taxes | 450/3 | €10,283 | €25,384 | +€15,101 | +147% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €518 | €234 | -€283 | -54.8% |
| Accrued charges and deferred income | 492/3 | €0 | €408 | +€408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,343 | €12,836 | +€6,493 | +102% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€58,241 | €0 | +€58,241 | |
| Other operating charges | 640/8 | €1,315 | €1,042 | -€273 | -20.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €94,937 | €137,288 | +€42,351 | +44.6% |
| Operating profit (loss) | 9901 | €145,519 | €123,411 | -€22,108 | -15.2% |
| Financial income | 75/76B | €7,788 | €17,026 | +€9,238 | +119% |
| Recurring financial income | 75 | €7,788 | €17,026 | +€9,238 | +119% |
| Financial charges | 65/66B | €3,133 | €2,434 | -€699 | -22.3% |
| Recurring financial charges | 65 | €3,133 | €2,434 | -€699 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €150,174 | €138,004 | -€12,171 | -8.1% |
| Income taxes | 67/77 | €44,525 | €36,727 | -€7,798 | -17.5% |
| Profit (loss) for the period | 9904 | €105,650 | €101,277 | -€4,373 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €105,650 | €101,277 | -€4,373 | -4.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.