LOGIS - PLUS: 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 - PLUS
Largest movements
- Tangible fixed assets -€13,398
down €13,398 (-6.3%), from €212,169 to €198,771
of which Land and buildings: -€16,597
- Receivables within one year -€4,919
down €4,919 (-35.4%), from €13,907 to €8,989
of which Trade receivables: -€7,735
- Debts after one year -€21,086
down €21,086 (-13.7%), from €153,854 to €132,768
- Current portion of long-term debt -€5,773
down €5,773 (-21.5%), from €26,859 to €21,086
- Other debts +€5,558
up €5,558 (+11.4%), from €48,571 to €54,129
- Profit (loss) carried forward +€3,769
up €3,769 (+9.1%), from -€41,333 to -€37,564
- Trade debts -€3,321
no longer reported in 2024 (was €3,321)
- Depreciation -€6,700
down €6,700 (-27.5%), from €24,363 to €17,663
- Gross operating margin +€2,890
up €2,890 (+13.0%), from €22,168 to €25,057
- Financial charges +€2,399
up €2,399 (+49.1%), from €4,882 to €7,282
- Taxes +€1,693
new in 2024: €1,693
- Other operating charges +€1,586
up €1,586 (+53.0%), from €2,991 to €4,576
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,076 | €207,760 | -€18,316 | -8.1% |
| Fixed assets | 21/28 | €212,169 | €198,771 | -€13,398 | -6.3% |
| Tangible fixed assets | 22/27 | €212,169 | €198,771 | -€13,398 | -6.3% |
| Land and buildings | 22 | €212,169 | €195,572 | -€16,597 | -7.8% |
| Furniture and vehicles | 24 | - | €3,199 | +€3,199 | |
| Current assets | 29/58 | €13,907 | €8,989 | -€4,919 | -35.4% |
| Amounts receivable within one year | 40/41 | €13,907 | €8,989 | -€4,919 | -35.4% |
| Trade receivables | 40 | €13,907 | €6,172 | -€7,735 | -55.6% |
| Other amounts receivable | 41 | - | €2,816 | +€2,816 | |
| Total equity and liabilities | 10/49 | €226,076 | €207,760 | -€18,316 | -8.1% |
| Equity | 10/15 | -€6,975 | -€3,206 | +€3,769 | +54.0% |
| Contributions | 10/11 | €31,235 | €31,235 | = | 0.0% |
| Capital | 10 | €31,235 | €31,235 | = | 0.0% |
| Issued capital | 100 | €31,235 | €31,235 | = | 0.0% |
| Reserves | 13 | €3,123 | €3,123 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,123 | €3,123 | = | 0.0% |
| Legal reserve | 130 | €3,123 | €3,123 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,333 | -€37,564 | +€3,769 | +9.1% |
| Amounts payable | 17/49 | €233,052 | €210,966 | -€22,086 | -9.5% |
| Amounts payable after more than one year | 17 | €153,854 | €132,768 | -€21,086 | -13.7% |
| Financial debts | 170/4 | €153,854 | €132,768 | -€21,086 | -13.7% |
| Amounts payable within one year | 42/48 | €79,197 | €78,198 | -€999 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €26,859 | €21,086 | -€5,773 | -21.5% |
| Financial debts | 43 | €446 | €2,982 | +€2,536 | +568.7% |
| Credit institutions | 430/8 | €446 | €2,982 | +€2,536 | +568.7% |
| Trade debts | 44 | €3,321 | - | -€3,321 | |
| Suppliers | 440/4 | €3,321 | - | -€3,321 | |
| Other amounts payable | 47/48 | €48,571 | €54,129 | +€5,558 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,363 | €17,663 | -€6,700 | -27.5% |
| Other operating charges | 640/8 | €2,991 | €4,576 | +€1,586 | +53.0% |
| Gross operating margin | 9900 | €22,168 | €25,057 | +€2,890 | +13.0% |
| Operating profit (loss) | 9901 | -€5,185 | €2,818 | +€8,004 | |
| Financial charges | 65/66B | €4,882 | €7,282 | +€2,399 | +49.1% |
| Recurring financial charges | 65 | €4,882 | €7,282 | +€2,399 | +49.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,068 | -€4,464 | +€5,604 | +55.7% |
| Income taxes | 67/77 | - | €1,693 | +€1,693 | |
| Profit (loss) for the period | 9904 | -€10,068 | -€6,157 | +€3,911 | +38.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,068 | -€6,157 | +€3,911 | +38.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.