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LOGISTIMO: 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.

What changed

LOGISTIMO

BE 0477.432.416
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€18,633
2024 · -€18,905+€272
Equity
€7,503
2024 · €44,041-€36,538
Cash
€70,777
2024 · €6,246+€64,531
Balance sheet total
€1.0m
2024 · €894,889+€139,731

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€123,499

    up €123,499 (+1531.3%), from €8,065 to €131,564

    of which Other amounts receivable: +€87,499

  • Cash +€64,531

    up €64,531 (+1033.1%), from €6,246 to €70,777

    mainly Other debts (+€166,818) and Depreciation (+€48,299)

  • Tangible fixed assets -€48,299

    down €48,299 (-5.5%), from €879,653 to €831,353

Equity and liabilities
  • Other debts +€166,818

    up €166,818 (+30.5%), from €547,741 to €714,559

  • Profit (loss) carried forward -€36,538

    down €36,538 (-102.1%), from -€35,771 to -€72,309

Income statement
  • Turnover -€281,432

    no longer reported in 2025 (was €281,432)

  • Purchases and services -€153,495

    no longer reported in 2025 (was €153,495)

  • Gross operating margin -€25,885

    down €25,885 (-20.2%), from €127,937 to €102,052

  • Other operating charges -€16,517

    down €16,517 (-31.6%), from €52,227 to €35,710

  • Depreciation -€8,100

    down €8,100 (-14.4%), from €56,399 to €48,299

From the 2024 result to the 2025 result

effect on the 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 -€18,905
Gross operating margin -€25,885
Staff costs +€1,531
Depreciation +€8,100
Other operating charges +€16,517
Financial charges +€8
Result 2025 -€18,633

Cash bridge derived

cash 2024 to 2025

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 +€82,436
Investment €0
Financing -€17,905
Cash 2024 €6,246
Net result for the year -€18,633
Depreciation +€48,299
Receivables within one year -€123,499
Trade debts +€2,807
Tax, wage and social debts +€6,643
Other debts +€166,818
Contributions, distributions and other -€17,905
Cash 2025 €70,777
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €894,889 €1,034,619 +€139,731 +15.6%
Fixed assets 21/28 €879,773 €831,473 -€48,299 -5.5%
Tangible fixed assets 22/27 €879,653 €831,353 -€48,299 -5.5%
Land and buildings 22 €879,653 €831,353 -€48,299 -5.5%
Financial fixed assets 28 €120 €120 = 0.0%
Current assets 29/58 €15,116 €203,146 +€188,030 +1243.9%
Amounts receivable within one year 40/41 €8,065 €131,564 +€123,499 +1531.3%
Trade receivables 40 €8,065 €44,065 +€36,000 +446.4%
Other amounts receivable 41 - €87,499 +€87,499
Cash at bank and in hand 54/58 €6,246 €70,777 +€64,531 +1033.1%
Deferred charges and accrued income 490/1 €804 €804 = 0.0%
Total equity and liabilities 10/49 €894,889 €1,034,619 +€139,731 +15.6%
Equity 10/15 €44,041 €7,503 -€36,538 -83.0%
Contributions 10/11 €75,000 €75,000 = 0.0%
Reserves 13 €4,812 €4,812 = 0.0%
Non-distributable reserves 130/1 €4,812 €4,812 = 0.0%
Reserves not available under the articles 1311 €4,812 €4,812 = 0.0%
Profit (loss) carried forward 14 -€35,771 -€72,309 -€36,538 -102.1%
Amounts payable 17/49 €850,848 €1,027,116 +€176,268 +20.7%
Amounts payable after more than one year 17 €250,587 €250,587 = 0.0%
Financial debts 170/4 €202,715 €202,715 = 0.0%
Other amounts payable 178/9 €47,871 €47,871 = 0.0%
Amounts payable within one year 42/48 €600,261 €776,530 +€176,268 +29.4%
Trade debts 44 €523 €3,330 +€2,807 +537.0%
Suppliers 440/4 €523 €3,330 +€2,807 +537.0%
Taxes, remuneration and social security 45 €51,998 €58,641 +€6,643 +12.8%
Taxes 450/3 - €6,310 +€6,310
Remuneration and social security 454/9 €51,998 €52,332 +€334 +0.6%
Other amounts payable 47/48 €547,741 €714,559 +€166,818 +30.5%
Turnover 70 €281,432 - -€281,432
Goods, raw materials, services and sundry goods 60/61 €153,495 - -€153,495
Remuneration, social security and pensions 62 €37,975 €36,444 -€1,531 -4.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €56,399 €48,299 -€8,100 -14.4%
Other operating charges 640/8 €52,227 €35,710 -€16,517 -31.6%
Gross operating margin 9900 €127,937 €102,052 -€25,885 -20.2%
Operating profit (loss) 9901 -€18,665 -€18,401 +€263 +1.4%
Financial charges 65/66B €240 €231 -€8 -3.5%
Recurring financial charges 65 €240 €231 -€8 -3.5%
Profit (loss) for the period before taxes 9903 -€18,905 -€18,633 +€272 +1.4%
Profit (loss) for the period 9904 -€18,905 -€18,633 +€272 +1.4%
Profit (loss) for the period to be appropriated 9905 -€18,905 -€18,633 +€272 +1.4%

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 28 September 2026 via checked.be.