LOGIPÔLE: 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.
LOGIPÔLE
Largest movements
- Receivables within one year +€442,781
up €442,781 (+8.4%), from €5.3m to €5.7m
- Tangible fixed assets +€254,743
up €254,743 (+52.8%), from €482,153 to €736,896
of which Furniture and vehicles: +€235,325
- Cash +€141,840
up €141,840 (+29.3%), from €483,790 to €625,630
mainly Other debts (+€3.6m) and Provisions (+€136,960)
- Deferred charges and accrued income +€130,670
up €130,670 (+1929.0%), from €6,774 to €137,444
- Other debts +€3.6m
up €3.6m (+869.9%), from €408,134 to €4.0m
- Tax, wage and social debts -€2.3m
down €2.3m (-67.0%), from €3.4m to €1.1m
of which Remuneration and social security: -€2.3m
- Trade debts -€346,368
down €346,368 (-13.9%), from €2.5m to €2.1m
- Provisions +€136,960
new in 2025: €136,960
- Accrued charges and deferred income -€126,201
down €126,201 (-92.1%), from €136,969 to €10,768
- Other operating income -€37.2m
down €37.2m (-98.4%), from €37.8m to €586,346
- Turnover +€24.8m
up €24.8m (+398279.4%), from €6,229 to €24.8m
- Staff costs -€8.5m
down €8.5m (-40.7%), from €20.9m to €12.4m
- Services and other goods -€2.6m
down €2.6m (-30.1%), from €8.6m to €6.0m
- Goods and materials -€2.6m
down €2.6m (-32.4%), from €8.0m to €5.4m
of which Purchases: -€2.6m
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 | €6,440,784 | €7,378,468 | +€937,684 | +14.6% |
| Formation expenses | 20 | €5,401 | €5,605 | +€204 | +3.8% |
| Fixed assets | 21/28 | €523,474 | €759,997 | +€236,523 | +45.2% |
| Intangible fixed assets | 21 | €41,321 | €23,101 | -€18,220 | -44.1% |
| Tangible fixed assets | 22/27 | €482,153 | €736,896 | +€254,743 | +52.8% |
| Land and buildings | 22 | €40,173 | €29,515 | -€10,658 | -26.5% |
| Furniture and vehicles | 24 | €389,999 | €625,324 | +€235,325 | +60.3% |
| Assets under construction and advance payments | 27 | €51,981 | €82,057 | +€30,076 | +57.9% |
| Current assets | 29/58 | €5,911,909 | €6,612,866 | +€700,957 | +11.9% |
| Stocks and contracts in progress | 3 | €159,849 | €145,515 | -€14,334 | -9.0% |
| Stocks | 30/36 | €159,849 | €145,515 | -€14,334 | -9.0% |
| Raw materials and consumables | 30/31 | €159,849 | €145,515 | -€14,334 | -9.0% |
| Amounts receivable within one year | 40/41 | €5,261,496 | €5,704,277 | +€442,781 | +8.4% |
| Other amounts receivable | 41 | €5,261,496 | €5,704,277 | +€442,781 | +8.4% |
| Cash at bank and in hand | 54/58 | €483,790 | €625,630 | +€141,840 | +29.3% |
| Deferred charges and accrued income | 490/1 | €6,774 | €137,444 | +€130,670 | +1929.0% |
| Total equity and liabilities | 10/49 | €6,440,784 | €7,378,468 | +€937,684 | +14.6% |
| Equity | 10/15 | €8,500 | €8,500 | = | 0.0% |
| Contributions | 10/11 | €8,500 | €8,500 | = | 0.0% |
| Provisions and deferred taxes | 16 | - | €136,960 | +€136,960 | |
| Provisions for liabilities and charges | 160/5 | - | €136,960 | +€136,960 | |
| Other liabilities and charges | 164/5 | - | €136,960 | +€136,960 | |
| Amounts payable | 17/49 | €6,432,284 | €7,233,008 | +€800,724 | +12.4% |
| Amounts payable within one year | 42/48 | €6,295,315 | €7,222,240 | +€926,925 | +14.7% |
| Trade debts | 44 | €2,487,571 | €2,141,203 | -€346,368 | -13.9% |
| Suppliers | 440/4 | €2,487,571 | €2,141,203 | -€346,368 | -13.9% |
| Taxes, remuneration and social security | 45 | €3,399,610 | €1,122,478 | -€2.3m | -67.0% |
| Taxes | 450/3 | €337,619 | €338,819 | +€1,200 | +0.4% |
| Remuneration and social security | 454/9 | €3,061,991 | €783,659 | -€2.3m | -74.4% |
| Other amounts payable | 47/48 | €408,134 | €3,958,559 | +€3.6m | +869.9% |
| Accrued charges and deferred income | 492/3 | €136,969 | €10,768 | -€126,201 | -92.1% |
| Operating income | 70/76A | €37,793,169 | €25,409,795 | -€12.4m | -32.8% |
| Turnover | 70 | €6,229 | €24,815,052 | +€24.8m | +398279.4% |
| Other operating income | 74 | €37,755,136 | €586,346 | -€37.2m | -98.4% |
| Non-recurring operating income | 76A | €31,804 | €8,397 | -€23,407 | -73.6% |
| Operating charges | 60/66A | €37,791,321 | €25,407,126 | -€12.4m | -32.8% |
| Goods for resale, raw materials and consumables | 60 | €7,972,080 | €5,386,452 | -€2.6m | -32.4% |
| Purchases | 600/8 | €8,006,304 | €5,372,119 | -€2.6m | -32.9% |
| Change in stocks: decrease (increase) | 609 | -€34,224 | €14,333 | +€48,557 | |
| Services and other goods | 61 | €8,637,619 | €6,035,563 | -€2.6m | -30.1% |
| Remuneration, social security and pensions | 62 | €20,871,715 | €12,376,674 | -€8.5m | -40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,492 | €63,360 | +€25,868 | +69.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €136,960 | +€136,960 | |
| Other operating charges | 640/8 | €10,345 | €34,567 | +€24,222 | +234.1% |
| Non-recurring operating charges | 66A | €262,070 | €1,373,550 | +€1.1m | +424.1% |
| Operating profit (loss) | 9901 | €1,848 | €2,669 | +€821 | +44.4% |
| Financial charges | 65/66B | €1,848 | €2,669 | +€821 | +44.4% |
| Recurring financial charges | 65 | €1,848 | €2,669 | +€821 | +44.4% |
| Other financial charges | 652/9 | €1,848 | €2,669 | +€821 | +44.4% |
| Profit (loss) for the period before taxes | 9903 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €0 | = |
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 10 October 2026 via checked.be.