LOGISCH: 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.
What changed
LOGISCH
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€312,535
2024 · €132,868+€179,668
Equity
€735,344
2024 · €422,809+€312,535
Cash
€26,875
2024 · €21,108+€5,767
Balance sheet total
€1.8m
2024 · €1.5m+€265,672
Largest movements
Assets
- Current investments +€260,000
new in 2025: €260,000
- Receivables after one year +€74,171
up €74,171 (+9.9%), from €748,001 to €822,173
- Tangible fixed assets -€53,580
down €53,580 (-7.5%), from €712,829 to €659,249
of which Land and buildings: -€54,698
- Receivables within one year -€19,763
no longer reported in 2025 (was €19,763)
Equity and liabilities
- Reserves +€312,000
up €312,000 (+78.8%), from €395,860 to €707,860
of which Distributable reserves: +€312,000
- Debts after one year -€68,066
down €68,066 (-11.2%), from €605,207 to €537,141
- Tax, wage and social debts +€29,701
up €29,701 (+78.6%), from €37,809 to €67,510
Income statement
- Gross operating margin +€249,408
up €249,408 (+86.5%), from €288,257 to €537,665
- Taxes +€80,478
up €80,478 (+128%), from €62,815 to €143,293
- Other operating charges -€7,678
down €7,678 (-58.7%), from €13,069 to €5,391
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.
Result 2024
€132,868
Gross operating margin
+€249,408
Depreciation
-€826
Other operating charges
+€7,678
Financial income
+€2,946
Financial charges
+€940
Taxes
-€80,478
Result 2025
€312,535
raises the resultlowers the result
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.
From operations
+€345,416
Investment
-€267,818
Financing
-€71,831
Cash 2024
€21,108
From operations (derived)
+€345,416
Net result for the year
+€312,535
Depreciation
+€61,398
Receivables after one year
-€74,171
Receivables within one year
+€19,763
Deferred charges and accrued income
+€923
Provisions
+€2,035
Trade debts
-€8,275
Tax, wage and social debts
+€29,701
Advances received
+€1,795
Other debts
+€800
Accrued charges and deferred income
-€1,088
Investment (derived)
-€267,818
Investment in fixed assets (net)
-€7,818
Current investments
-€260,000
Financing
-€71,831
Debts after one year
-€68,066
Current portion of long-term debt
-€3,765
Cash 2025
€26,875
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,504,819 | €1,770,491 | +€265,672 | +17.7% |
| Fixed assets | 21/28 | €713,429 | €659,849 | -€53,580 | -7.5% |
| Tangible fixed assets | 22/27 | €712,829 | €659,249 | -€53,580 | -7.5% |
| Land and buildings | 22 | €705,767 | €651,069 | -€54,698 | -7.8% |
| Plant, machinery and equipment | 23 | €4,192 | €2,090 | -€2,102 | -50.1% |
| Furniture and vehicles | 24 | €2,869 | €6,089 | +€3,220 | +112% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €791,390 | €1,110,642 | +€319,252 | +40.3% |
| Amounts receivable after more than one year | 29 | €748,001 | €822,173 | +€74,171 | +9.9% |
| Other amounts receivable | 291 | €748,001 | €822,173 | +€74,171 | +9.9% |
| Amounts receivable within one year | 40/41 | €19,763 | - | -€19,763 | |
| Trade receivables | 40 | €19,763 | - | -€19,763 | |
| Current investments | 50/53 | - | €260,000 | +€260,000 | |
| Cash at bank and in hand | 54/58 | €21,108 | €26,875 | +€5,767 | +27.3% |
| Deferred charges and accrued income | 490/1 | €2,518 | €1,595 | -€923 | -36.7% |
| Total equity and liabilities | 10/49 | €1,504,819 | €1,770,491 | +€265,672 | +17.7% |
| Equity | 10/15 | €422,809 | €735,344 | +€312,535 | +73.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €395,860 | €707,860 | +€312,000 | +78.8% |
| 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 | €394,000 | €706,000 | +€312,000 | +79.2% |
| Profit (loss) carried forward | 14 | €8,349 | €8,884 | +€535 | +6.4% |
| Provisions and deferred taxes | 16 | €327,645 | €329,680 | +€2,035 | +0.6% |
| Provisions for liabilities and charges | 160/5 | €327,645 | €329,680 | +€2,035 | +0.6% |
| Other liabilities and charges | 164/5 | €327,645 | €329,680 | +€2,035 | +0.6% |
| Amounts payable | 17/49 | €754,365 | €705,467 | -€48,898 | -6.5% |
| Amounts payable after more than one year | 17 | €605,207 | €537,141 | -€68,066 | -11.2% |
| Financial debts | 170/4 | €605,207 | €537,141 | -€68,066 | -11.2% |
| Amounts payable within one year | 42/48 | €141,606 | €161,862 | +€20,256 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €61,831 | €58,066 | -€3,765 | -6.1% |
| Trade debts | 44 | €41,177 | €32,902 | -€8,275 | -20.1% |
| Suppliers | 440/4 | €41,177 | €32,902 | -€8,275 | -20.1% |
| Advances received on contracts in progress | 46 | - | €1,795 | +€1,795 | |
| Taxes, remuneration and social security | 45 | €37,809 | €67,510 | +€29,701 | +78.6% |
| Taxes | 450/3 | €37,809 | €67,510 | +€29,701 | +78.6% |
| Other amounts payable | 47/48 | €789 | €1,589 | +€800 | +101% |
| Accrued charges and deferred income | 492/3 | €7,552 | €6,464 | -€1,088 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,573 | €61,398 | +€826 | +1.4% |
| Other operating charges | 640/8 | €13,069 | €5,391 | -€7,678 | -58.7% |
| Gross operating margin | 9900 | €288,257 | €537,665 | +€249,408 | +86.5% |
| Operating profit (loss) | 9901 | €214,615 | €470,875 | +€256,260 | +119% |
| Financial income | 75/76B | €20,366 | €23,311 | +€2,946 | +14.5% |
| Recurring financial income | 75 | €20,366 | €23,311 | +€2,946 | +14.5% |
| Financial charges | 65/66B | €39,298 | €38,358 | -€940 | -2.4% |
| Recurring financial charges | 65 | €39,298 | €38,358 | -€940 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €195,683 | €455,829 | +€260,146 | +133% |
| Income taxes | 67/77 | €62,815 | €143,293 | +€80,478 | +128% |
| Profit (loss) for the period | 9904 | €132,868 | €312,535 | +€179,668 | +135% |
| Profit (loss) for the period to be appropriated | 9905 | €132,868 | €312,535 | +€179,668 | +135% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.