LOGISTRAK: 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.
LOGISTRAK
Largest movements
- Receivables within one year -€18,491
down €18,491 (-39.6%), from €46,740 to €28,249
of which Trade receivables: -€41,534
- Tangible fixed assets -€8,269
down €8,269 (-19.9%), from €41,461 to €33,192
of which Furniture and vehicles: -€8,911
- Cash +€8,054
up €8,054 (+86.0%), from €9,360 to €17,414
mainly Receivables within one year (+€18,491) and Depreciation (+€11,337)
- Trade debts -€24,547
down €24,547 (-82.7%), from €29,698 to €5,151
- Tax, wage and social debts +€7,082
up €7,082 (+30.8%), from €22,986 to €30,068
of which Remuneration and social security: +€10,590
- Other debts -€1,197
down €1,197 (-13.5%), from €8,888 to €7,691
- Staff costs +€15,871
up €15,871 (+16.9%), from €93,636 to €109,507
- Gross operating margin -€6,749
down €6,749 (-5.2%), from €129,697 to €122,948
- Taxes -€4,927
down €4,927 (-76.2%), from €6,469 to €1,542
- Depreciation +€4,813
up €4,813 (+73.8%), from €6,524 to €11,337
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,661 | €78,955 | -€18,706 | -19.2% |
| Fixed assets | 21/28 | €41,561 | €33,292 | -€8,269 | -19.9% |
| Tangible fixed assets | 22/27 | €41,461 | €33,192 | -€8,269 | -19.9% |
| Plant, machinery and equipment | 23 | €3,291 | €3,933 | +€642 | +19.5% |
| Furniture and vehicles | 24 | €38,170 | €29,259 | -€8,911 | -23.3% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €56,100 | €45,663 | -€10,437 | -18.6% |
| Amounts receivable within one year | 40/41 | €46,740 | €28,249 | -€18,491 | -39.6% |
| Trade receivables | 40 | €46,740 | €5,206 | -€41,534 | -88.9% |
| Other amounts receivable | 41 | - | €23,043 | +€23,043 | |
| Cash at bank and in hand | 54/58 | €9,360 | €17,414 | +€8,054 | +86.0% |
| Total equity and liabilities | 10/49 | €97,661 | €78,955 | -€18,706 | -19.2% |
| Equity | 10/15 | €36,089 | €36,045 | -€44 | -0.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,989 | €35,945 | -€44 | -0.1% |
| Amounts payable | 17/49 | €61,572 | €42,910 | -€18,662 | -30.3% |
| Amounts payable within one year | 42/48 | €61,572 | €42,910 | -€18,662 | -30.3% |
| Trade debts | 44 | €29,698 | €5,151 | -€24,547 | -82.7% |
| Suppliers | 440/4 | €29,698 | €5,151 | -€24,547 | -82.7% |
| Taxes, remuneration and social security | 45 | €22,986 | €30,068 | +€7,082 | +30.8% |
| Taxes | 450/3 | €6,695 | €3,187 | -€3,508 | -52.4% |
| Remuneration and social security | 454/9 | €16,291 | €26,881 | +€10,590 | +65.0% |
| Other amounts payable | 47/48 | €8,888 | €7,691 | -€1,197 | -13.5% |
| Remuneration, social security and pensions | 62 | €93,636 | €109,507 | +€15,871 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,524 | €11,337 | +€4,813 | +73.8% |
| Other operating charges | 640/8 | €506 | €475 | -€31 | -6.1% |
| Gross operating margin | 9900 | €129,697 | €122,948 | -€6,749 | -5.2% |
| Operating profit (loss) | 9901 | €29,031 | €1,629 | -€27,402 | -94.4% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €143 | €139 | -€4 | -2.8% |
| Recurring financial charges | 65 | €143 | €139 | -€4 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €28,888 | €1,498 | -€27,390 | -94.8% |
| Income taxes | 67/77 | €6,469 | €1,542 | -€4,927 | -76.2% |
| Profit (loss) for the period | 9904 | €22,419 | -€44 | -€22,463 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,419 | -€44 | -€22,463 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.