LOGIQUEST: 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.
LOGIQUEST
Largest movements
- Cash -€5,995
down €5,995 (-53.0%), from €11,309 to €5,314
mainly Net result for the year (-€13,893) and Deferred charges and accrued income (-€641)
- Tangible fixed assets -€4,819
down €4,819 (-54.1%), from €8,913 to €4,094
of which Furniture and vehicles: -€3,563
- Deferred charges and accrued income +€641
up €641 (+60.7%), from €1,057 to €1,698
- Profit (loss) carried forward -€13,893
down €13,893 (-50.4%), from -€27,589 to -€41,482
- Other debts +€4,080
up €4,080 (+75.6%), from €5,399 to €9,479
- Gross operating margin +€26,405
up €26,405 (+76.2%), from -€34,650 to -€8,245
- Depreciation -€12,548
down €12,548 (-70.9%), from €17,707 to €5,159
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 | €23,660 | €13,640 | -€10,021 | -42.4% |
| Fixed assets | 21/28 | €8,913 | €4,094 | -€4,819 | -54.1% |
| Tangible fixed assets | 22/27 | €8,913 | €4,094 | -€4,819 | -54.1% |
| Plant, machinery and equipment | 23 | €1,707 | €944 | -€763 | -44.7% |
| Furniture and vehicles | 24 | €5,113 | €1,550 | -€3,563 | -69.7% |
| Other tangible fixed assets | 26 | €2,093 | €1,600 | -€494 | -23.6% |
| Current assets | 29/58 | €14,747 | €9,546 | -€5,202 | -35.3% |
| Amounts receivable within one year | 40/41 | €2,382 | €2,534 | +€152 | +6.4% |
| Other amounts receivable | 41 | €2,382 | €2,534 | +€152 | +6.4% |
| Cash at bank and in hand | 54/58 | €11,309 | €5,314 | -€5,995 | -53.0% |
| Deferred charges and accrued income | 490/1 | €1,057 | €1,698 | +€641 | +60.7% |
| Total equity and liabilities | 10/49 | €23,660 | €13,640 | -€10,021 | -42.4% |
| Equity | 10/15 | €17,871 | €3,978 | -€13,893 | -77.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,860 | €26,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,589 | -€41,482 | -€13,893 | -50.4% |
| Amounts payable | 17/49 | €5,789 | €9,661 | +€3,872 | +66.9% |
| Amounts payable within one year | 42/48 | €5,789 | €9,661 | +€3,872 | +66.9% |
| Trade debts | 44 | €83 | - | -€83 | |
| Suppliers | 440/4 | €83 | - | -€83 | |
| Taxes, remuneration and social security | 45 | €306 | €182 | -€125 | -40.7% |
| Taxes | 450/3 | €306 | €182 | -€125 | -40.7% |
| Other amounts payable | 47/48 | €5,399 | €9,479 | +€4,080 | +75.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,707 | €5,159 | -€12,548 | -70.9% |
| Other operating charges | 640/8 | €558 | €229 | -€328 | -58.8% |
| Gross operating margin | 9900 | -€34,650 | -€8,245 | +€26,405 | +76.2% |
| Operating profit (loss) | 9901 | -€52,915 | -€13,634 | +€39,281 | +74.2% |
| Financial charges | 65/66B | €44 | €65 | +€22 | +49.4% |
| Recurring financial charges | 65 | €44 | €65 | +€22 | +49.4% |
| Profit (loss) for the period before taxes | 9903 | -€52,958 | -€13,699 | +€39,259 | +74.1% |
| Income taxes | 67/77 | €147 | €194 | +€47 | +32.0% |
| Profit (loss) for the period | 9904 | -€53,105 | -€13,893 | +€39,212 | +73.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,105 | -€13,893 | +€39,212 | +73.8% |
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 19 October 2026 via checked.be.