LOGISCO: 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.
LOGISCO
Largest movements
- Tangible fixed assets +€77,028
new in 2024: €77,028
of which Furniture and vehicles: +€44,166
- Cash +€44,050
up €44,050 (+143%), from €30,845 to €74,895
mainly Debts after one year (+€64,066) and Tax, wage and social debts (+€27,904)
- Receivables within one year +€17,325
up €17,325 (+25.5%), from €67,886 to €85,211
- Debts after one year +€64,066
new in 2024: €64,066
- Tax, wage and social debts +€27,904
up €27,904 (+118%), from €23,643 to €51,548
of which Remuneration and social security: +€21,682
- Trade debts +€17,420
up €17,420 (+101%), from €17,168 to €34,588
- Current portion of long-term debt +€17,308
new in 2024: €17,308
- Profit (loss) carried forward +€14,093
up €14,093 (+112%), from €12,606 to €26,698
- Gross operating margin +€133,130
up €133,130 (+71.1%), from €187,234 to €320,364
- Staff costs +€86,939
up €86,939 (+53.1%), from €163,839 to €250,778
- Depreciation +€20,017
new in 2024: €20,017
- Other operating charges +€4,984
up €4,984 (+39.1%), from €12,758 to €17,741
- Taxes +€3,507
up €3,507 (+256%), from €1,372 to €4,879
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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,286 | €248,895 | +€138,609 | +126% |
| Fixed assets | 21/28 | €9,750 | €86,778 | +€77,028 | +790% |
| Tangible fixed assets | 22/27 | - | €77,028 | +€77,028 | |
| Furniture and vehicles | 24 | - | €44,166 | +€44,166 | |
| Leasing and similar rights | 25 | - | €32,862 | +€32,862 | |
| Financial fixed assets | 28 | €9,750 | €9,750 | = | 0.0% |
| Current assets | 29/58 | €100,536 | €162,117 | +€61,581 | +61.3% |
| Amounts receivable within one year | 40/41 | €67,886 | €85,211 | +€17,325 | +25.5% |
| Trade receivables | 40 | €67,886 | €85,211 | +€17,325 | +25.5% |
| Cash at bank and in hand | 54/58 | €30,845 | €74,895 | +€44,050 | +143% |
| Deferred charges and accrued income | 490/1 | €1,804 | €2,011 | +€207 | +11.5% |
| Total equity and liabilities | 10/49 | €110,286 | €248,895 | +€138,609 | +126% |
| Equity | 10/15 | €47,606 | €61,698 | +€14,093 | +29.6% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,606 | €26,698 | +€14,093 | +112% |
| Amounts payable | 17/49 | €62,680 | €187,197 | +€124,516 | +199% |
| Amounts payable after more than one year | 17 | - | €64,066 | +€64,066 | |
| Financial debts | 170/4 | - | €64,066 | +€64,066 | |
| Amounts payable within one year | 42/48 | €62,680 | €123,131 | +€60,451 | +96.4% |
| Current portion of amounts payable after more than one year | 42 | - | €17,308 | +€17,308 | |
| Trade debts | 44 | €17,168 | €34,588 | +€17,420 | +101% |
| Suppliers | 440/4 | €17,168 | €34,588 | +€17,420 | +101% |
| Taxes, remuneration and social security | 45 | €23,643 | €51,548 | +€27,904 | +118% |
| Taxes | 450/3 | €10,739 | €16,962 | +€6,223 | +57.9% |
| Remuneration and social security | 454/9 | €12,904 | €34,586 | +€21,682 | +168% |
| Other amounts payable | 47/48 | €21,869 | €19,687 | -€2,182 | -10.0% |
| Remuneration, social security and pensions | 62 | €163,839 | €250,778 | +€86,939 | +53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €20,017 | +€20,017 | |
| Other operating charges | 640/8 | €12,758 | €17,741 | +€4,984 | +39.1% |
| Non-recurring operating charges | 66A | - | €5,611 | +€5,611 | |
| Gross operating margin | 9900 | €187,234 | €320,364 | +€133,130 | +71.1% |
| Operating profit (loss) | 9901 | €10,637 | €26,217 | +€15,580 | +146% |
| Financial income | 75/76B | €48 | €10 | -€38 | -79.4% |
| Recurring financial income | 75 | €48 | €10 | -€38 | -79.4% |
| Financial charges | 65/66B | €4,722 | €7,255 | +€2,533 | +53.6% |
| Recurring financial charges | 65 | €4,722 | €7,255 | +€2,533 | +53.6% |
| Profit (loss) for the period before taxes | 9903 | €5,963 | €18,971 | +€13,009 | +218% |
| Income taxes | 67/77 | €1,372 | €4,879 | +€3,507 | +256% |
| Profit (loss) for the period | 9904 | €4,591 | €14,093 | +€9,502 | +207% |
| Profit (loss) for the period to be appropriated | 9905 | €4,591 | €14,093 | +€9,502 | +207% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.