LOGIS-GEST: 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.
LOGIS-GEST
Largest movements
- Tangible fixed assets +€109,767
up €109,767 (+481.1%), from €22,817 to €132,584
- Receivables within one year +€82,270
up €82,270 (+28.5%), from €288,594 to €370,864
of which Trade receivables: +€50,633
- Trade debts +€151,232
up €151,232 (+90.1%), from €167,885 to €319,117
- Accrued charges and deferred income +€41,104
new in 2025: €41,104
- Tax, wage and social debts -€38,604
down €38,604 (-20.1%), from €192,407 to €153,804
of which Remuneration and social security: -€38,220
- Debts after one year +€30,096
up €30,096 (+19.8%), from €151,897 to €181,994
- Current portion of long-term debt +€15,186
up €15,186 (+218.0%), from €6,966 to €22,151
- Staff costs +€110,579
up €110,579 (+14.2%), from €776,794 to €887,373
- Gross operating margin +€108,876
up €108,876 (+12.8%), from €852,453 to €961,329
- Other operating charges -€26,438
down €26,438 (-58.3%), from €45,326 to €18,888
- Taxes +€12,894
up €12,894 (+78.6%), from €16,395 to €29,289
- Depreciation +€10,103
up €10,103 (+102.3%), from €9,873 to €19,976
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 | €662,884 | €858,974 | +€196,090 | +29.6% |
| Fixed assets | 21/28 | €217,868 | €327,635 | +€109,767 | +50.4% |
| Tangible fixed assets | 22/27 | €22,817 | €132,584 | +€109,767 | +481.1% |
| Furniture and vehicles | 24 | €22,817 | €132,584 | +€109,767 | +481.1% |
| Financial fixed assets | 28 | €195,051 | €195,051 | = | 0.0% |
| Current assets | 29/58 | €445,016 | €531,339 | +€86,323 | +19.4% |
| Amounts receivable after more than one year | 29 | €154,033 | €154,033 | = | 0.0% |
| Other amounts receivable | 291 | €154,033 | €154,033 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €288,594 | €370,864 | +€82,270 | +28.5% |
| Trade receivables | 40 | €61,187 | €111,820 | +€50,633 | +82.8% |
| Other amounts receivable | 41 | €227,407 | €259,045 | +€31,637 | +13.9% |
| Cash at bank and in hand | 54/58 | €2,184 | €2,257 | +€73 | +3.4% |
| Deferred charges and accrued income | 490/1 | €205 | €4,185 | +€3,980 | +1937.9% |
| Total equity and liabilities | 10/49 | €662,884 | €858,974 | +€196,090 | +29.6% |
| Equity | 10/15 | €130,547 | €131,239 | +€693 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €110,087 | €110,779 | +€693 | +0.6% |
| Amounts payable | 17/49 | €532,337 | €727,735 | +€195,398 | +36.7% |
| Amounts payable after more than one year | 17 | €151,897 | €181,994 | +€30,096 | +19.8% |
| Financial debts | 170/4 | €151,897 | €181,994 | +€30,096 | +19.8% |
| Amounts payable within one year | 42/48 | €380,440 | €504,637 | +€124,197 | +32.6% |
| Current portion of amounts payable after more than one year | 42 | €6,966 | €22,151 | +€15,186 | +218.0% |
| Trade debts | 44 | €167,885 | €319,117 | +€151,232 | +90.1% |
| Suppliers | 440/4 | €167,885 | €319,117 | +€151,232 | +90.1% |
| Taxes, remuneration and social security | 45 | €192,407 | €153,804 | -€38,604 | -20.1% |
| Taxes | 450/3 | €29,966 | €29,582 | -€384 | -1.3% |
| Remuneration and social security | 454/9 | €162,442 | €124,222 | -€38,220 | -23.5% |
| Other amounts payable | 47/48 | €13,182 | €9,564 | -€3,617 | -27.4% |
| Accrued charges and deferred income | 492/3 | - | €41,104 | +€41,104 | |
| Remuneration, social security and pensions | 62 | €776,794 | €887,373 | +€110,579 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,873 | €19,976 | +€10,103 | +102.3% |
| Other operating charges | 640/8 | €45,326 | €18,888 | -€26,438 | -58.3% |
| Gross operating margin | 9900 | €852,453 | €961,329 | +€108,876 | +12.8% |
| Operating profit (loss) | 9901 | €20,461 | €35,093 | +€14,632 | +71.5% |
| Financial income | 75/76B | €114 | €415 | +€302 | +265.3% |
| Recurring financial income | 75 | €114 | €415 | +€302 | +265.3% |
| Financial charges | 65/66B | €1,877 | €5,527 | +€3,650 | +194.4% |
| Recurring financial charges | 65 | €1,877 | €5,527 | +€3,650 | +194.4% |
| Profit (loss) for the period before taxes | 9903 | €18,698 | €29,981 | +€11,284 | +60.3% |
| Income taxes | 67/77 | €16,395 | €29,289 | +€12,894 | +78.6% |
| Profit (loss) for the period | 9904 | €2,303 | €693 | -€1,610 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,303 | €693 | -€1,610 | -69.9% |
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 5 October 2026 via checked.be.