Loginove: 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.
Loginove
Largest movements
- Cash +€72,383
up €72,383 (+94.5%), from €76,578 to €148,961
mainly Depreciation (+€63,575) and Deferred charges and accrued income (+€51,577)
- Deferred charges and accrued income -€51,577
down €51,577 (-85.1%), from €60,606 to €9,029
- Current investments -€30,466
down €30,466 (-33.8%), from €90,166 to €59,700
- Accrued charges and deferred income -€31,701
down €31,701 (-35.0%), from €90,670 to €58,969
- Profit (loss) carried forward +€26,027
up €26,027 (+12.5%), from €207,775 to €233,802
- Debts after one year -€25,281
down €25,281 (-4.3%), from €593,034 to €567,753
- Gross operating margin +€66,511
up €66,511 (+19.0%), from €349,455 to €415,966
- Staff costs +€58,974
up €58,974 (+28.4%), from €207,739 to €266,713
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.
Cash bridge derived
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 | €1,150,201 | €1,129,551 | -€20,650 | -1.8% |
| Fixed assets | 21/28 | €912,346 | €904,898 | -€7,448 | -0.8% |
| Tangible fixed assets | 22/27 | €907,266 | €899,818 | -€7,448 | -0.8% |
| Land and buildings | 22 | €750,384 | €739,170 | -€11,214 | -1.5% |
| Furniture and vehicles | 24 | €8,453 | €5,212 | -€3,241 | -38.3% |
| Other tangible fixed assets | 26 | €148,429 | €155,436 | +€7,007 | +4.7% |
| Financial fixed assets | 28 | €5,080 | €5,080 | = | 0.0% |
| Current assets | 29/58 | €237,855 | €224,653 | -€13,202 | -5.6% |
| Stocks and contracts in progress | 3 | €4,166 | €1,883 | -€2,283 | -54.8% |
| Stocks | 30/36 | €4,166 | €1,883 | -€2,283 | -54.8% |
| Amounts receivable within one year | 40/41 | €6,339 | €5,080 | -€1,259 | -19.9% |
| Other amounts receivable | 41 | €6,339 | €5,080 | -€1,259 | -19.9% |
| Current investments | 50/53 | €90,166 | €59,700 | -€30,466 | -33.8% |
| Cash at bank and in hand | 54/58 | €76,578 | €148,961 | +€72,383 | +94.5% |
| Deferred charges and accrued income | 490/1 | €60,606 | €9,029 | -€51,577 | -85.1% |
| Total equity and liabilities | 10/49 | €1,150,201 | €1,129,551 | -€20,650 | -1.8% |
| Equity | 10/15 | €322,195 | €348,222 | +€26,027 | +8.1% |
| Contributions | 10/11 | €114,420 | €114,420 | = | 0.0% |
| Capital | 10 | €114,420 | €114,420 | = | 0.0% |
| Profit (loss) carried forward | 14 | €207,775 | €233,802 | +€26,027 | +12.5% |
| Amounts payable | 17/49 | €828,006 | €781,329 | -€46,677 | -5.6% |
| Amounts payable after more than one year | 17 | €593,034 | €567,753 | -€25,281 | -4.3% |
| Financial debts | 170/4 | €593,034 | €567,753 | -€25,281 | -4.3% |
| Amounts payable within one year | 42/48 | €144,302 | €154,607 | +€10,305 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €22,461 | €24,647 | +€2,186 | +9.7% |
| Trade debts | 44 | €4,404 | €7,072 | +€2,668 | +60.6% |
| Suppliers | 440/4 | €4,404 | €7,072 | +€2,668 | +60.6% |
| Taxes, remuneration and social security | 45 | €25,847 | €31,667 | +€5,820 | +22.5% |
| Taxes | 450/3 | €3,523 | - | -€3,523 | |
| Remuneration and social security | 454/9 | €22,324 | €31,667 | +€9,343 | +41.9% |
| Accrued charges and deferred income | 492/3 | €90,670 | €58,969 | -€31,701 | -35.0% |
| Turnover | 70 | €699 | - | -€699 | |
| Goods, raw materials, services and sundry goods | 60/61 | €96,542 | €99,794 | +€3,252 | +3.4% |
| Remuneration, social security and pensions | 62 | €207,739 | €266,713 | +€58,974 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,414 | €63,575 | +€1,161 | +1.9% |
| Other operating charges | 640/8 | €2,551 | €2,496 | -€55 | -2.2% |
| Non-recurring operating charges | 66A | €16,842 | €34,302 | +€17,460 | +103.7% |
| Gross operating margin | 9900 | €349,455 | €415,966 | +€66,511 | +19.0% |
| Operating profit (loss) | 9901 | €59,909 | €48,880 | -€11,029 | -18.4% |
| Financial income | 75/76B | €1,377 | €1,535 | +€158 | +11.5% |
| Recurring financial income | 75 | €1,377 | €1,535 | +€158 | +11.5% |
| Financial charges | 65/66B | €21,907 | €24,388 | +€2,481 | +11.3% |
| Recurring financial charges | 65 | €21,907 | €24,388 | +€2,481 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €39,379 | €26,027 | -€13,352 | -33.9% |
| Profit (loss) for the period | 9904 | €39,379 | €26,027 | -€13,352 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,379 | €26,027 | -€13,352 | -33.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.