LOGIS: 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.
LOGIS
Largest movements
- Cash -€51,564
down €51,564 (-55.2%), from €93,407 to €41,843
mainly Current investments (-€40,000) and Net result for the year (-€15,271)
- Current investments +€40,000
new in 2025: €40,000
- Intangible fixed assets -€2,620
no longer reported in 2025 (was €2,620)
- Profit (loss) carried forward -€15,271
new in 2025: -€15,271
- Gross operating margin -€100,441
down €100,441, from €88,856 to -€11,585
- Taxes -€4,287
no longer reported in 2025 (was €4,287)
- Depreciation -€1,017
down €1,017 (-23.9%), from €4,258 to €3,241
- Write-downs -€974
no longer reported in 2025 (was €974)
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 | €113,969 | €99,454 | -€14,515 | -12.7% |
| Fixed assets | 21/28 | €5,333 | €2,092 | -€3,241 | -60.8% |
| Intangible fixed assets | 21 | €2,620 | - | -€2,620 | |
| Tangible fixed assets | 22/27 | €2,713 | €2,092 | -€621 | -22.9% |
| Plant, machinery and equipment | 23 | €2,713 | €2,092 | -€621 | -22.9% |
| Current assets | 29/58 | €108,636 | €97,362 | -€11,274 | -10.4% |
| Stocks and contracts in progress | 3 | €9,179 | €9,179 | = | 0.0% |
| Stocks | 30/36 | €9,179 | €9,179 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,050 | €6,340 | +€290 | +4.8% |
| Trade receivables | 40 | €154 | €154 | = | 0.0% |
| Other amounts receivable | 41 | €5,896 | €6,186 | +€290 | +4.9% |
| Current investments | 50/53 | - | €40,000 | +€40,000 | |
| Cash at bank and in hand | 54/58 | €93,407 | €41,843 | -€51,564 | -55.2% |
| Total equity and liabilities | 10/49 | €113,969 | €99,454 | -€14,515 | -12.7% |
| Equity | 10/15 | €108,736 | €93,465 | -€15,271 | -14.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €102,536 | €102,536 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €100,677 | €100,677 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€15,271 | -€15,271 | |
| Amounts payable | 17/49 | €5,233 | €5,989 | +€756 | +14.5% |
| Amounts payable within one year | 42/48 | €5,233 | €5,989 | +€756 | +14.5% |
| Trade debts | 44 | €1,488 | €2,082 | +€594 | +39.9% |
| Suppliers | 440/4 | €1,488 | €2,082 | +€594 | +39.9% |
| Taxes, remuneration and social security | 45 | €476 | - | -€476 | |
| Taxes | 450/3 | €476 | - | -€476 | |
| Other amounts payable | 47/48 | €3,269 | €3,907 | +€638 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,258 | €3,241 | -€1,017 | -23.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €974 | - | -€974 | |
| Other operating charges | 640/8 | €449 | €470 | +€20 | +4.5% |
| Gross operating margin | 9900 | €88,856 | -€11,585 | -€100,441 | |
| Operating profit (loss) | 9901 | €83,174 | -€15,296 | -€98,470 | |
| Financial income | 75/76B | €0 | €476 | +€476 | +317,513% |
| Recurring financial income | 75 | €0 | €476 | +€476 | +317,513% |
| Financial charges | 65/66B | €158 | €452 | +€294 | +186% |
| Recurring financial charges | 65 | €158 | €452 | +€294 | +186% |
| Profit (loss) for the period before taxes | 9903 | €83,017 | -€15,271 | -€98,288 | |
| Income taxes | 67/77 | €4,287 | - | -€4,287 | |
| Profit (loss) for the period | 9904 | €78,730 | -€15,271 | -€94,001 | |
| Profit (loss) for the period to be appropriated | 9905 | €78,730 | -€15,271 | -€94,001 |
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 31 October 2026 via checked.be.