LogIT: 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.
LogIT
Largest movements
- Receivables after one year +€110,000
up €110,000 (+50.0%), from €220,000 to €330,000
- Cash -€82,596
down €82,596 (-97.2%), from €84,938 to €2,342
mainly Receivables after one year (-€110,000) and Receivables within one year (-€30,057)
- Receivables within one year +€30,057
up €30,057 (+26.8%), from €112,336 to €142,393
of which Other amounts receivable: +€27,682
- Tangible fixed assets -€24,221
down €24,221 (-13.4%), from €180,742 to €156,521
of which Land and buildings: -€21,911
- Reserves +€33,400
up €33,400 (+7.0%), from €479,000 to €512,400
- Tax, wage and social debts +€14,131
up €14,131 (+80.5%), from €17,546 to €31,678
of which Taxes: +€16,318
- Debts after one year -€11,179
down €11,179 (-14.4%), from €77,765 to €66,586
- Gross operating margin -€42,070
down €42,070 (-34.9%), from €120,424 to €78,353
- Taxes -€9,778
down €9,778 (-41.3%), from €23,680 to €13,902
- Other operating charges -€3,392
down €3,392 (-57.7%), from €5,879 to €2,487
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.
Cash bridge derived
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 | €598,471 | €632,824 | +€34,353 | +5.7% |
| Fixed assets | 21/28 | €180,742 | €156,521 | -€24,221 | -13.4% |
| Tangible fixed assets | 22/27 | €180,742 | €156,521 | -€24,221 | -13.4% |
| Land and buildings | 22 | €173,114 | €151,204 | -€21,911 | -12.7% |
| Plant, machinery and equipment | 23 | €6,870 | €5,111 | -€1,759 | -25.6% |
| Furniture and vehicles | 24 | €758 | €207 | -€551 | -72.7% |
| Current assets | 29/58 | €417,729 | €476,303 | +€58,574 | +14.0% |
| Amounts receivable after more than one year | 29 | €220,000 | €330,000 | +€110,000 | +50.0% |
| Other amounts receivable | 291 | €220,000 | €330,000 | +€110,000 | +50.0% |
| Amounts receivable within one year | 40/41 | €112,336 | €142,393 | +€30,057 | +26.8% |
| Trade receivables | 40 | €39,894 | €42,268 | +€2,375 | +6.0% |
| Other amounts receivable | 41 | €72,442 | €100,124 | +€27,682 | +38.2% |
| Cash at bank and in hand | 54/58 | €84,938 | €2,342 | -€82,596 | -97.2% |
| Deferred charges and accrued income | 490/1 | €455 | €1,568 | +€1,113 | +244.4% |
| Total equity and liabilities | 10/49 | €598,471 | €632,824 | +€34,353 | +5.7% |
| Equity | 10/15 | €485,179 | €518,597 | +€33,418 | +6.9% |
| Contributions | 10/11 | €5,999 | €5,999 | = | 0.0% |
| Reserves | 13 | €479,000 | €512,400 | +€33,400 | +7.0% |
| Distributable reserves | 133 | €479,000 | €512,400 | +€33,400 | +7.0% |
| Profit (loss) carried forward | 14 | €179 | €198 | +€18 | +10.2% |
| Amounts payable | 17/49 | €113,292 | €114,227 | +€935 | +0.8% |
| Amounts payable after more than one year | 17 | €77,765 | €66,586 | -€11,179 | -14.4% |
| Financial debts | 170/4 | €77,765 | €66,586 | -€11,179 | -14.4% |
| Amounts payable within one year | 42/48 | €35,527 | €47,641 | +€12,114 | +34.1% |
| Current portion of amounts payable after more than one year | 42 | €10,683 | €11,179 | +€496 | +4.6% |
| Trade debts | 44 | €7,298 | €2,615 | -€4,683 | -64.2% |
| Suppliers | 440/4 | €7,298 | €2,615 | -€4,683 | -64.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €17,546 | €31,678 | +€14,131 | +80.5% |
| Taxes | 450/3 | €13,568 | €29,886 | +€16,318 | +120.3% |
| Remuneration and social security | 454/9 | €3,978 | €1,791 | -€2,187 | -55.0% |
| Other amounts payable | 47/48 | €0 | €2,170 | +€2,170 | |
| Remuneration, social security and pensions | 62 | €493 | €350 | -€143 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,626 | €24,221 | -€405 | -1.6% |
| Other operating charges | 640/8 | €5,879 | €2,487 | -€3,392 | -57.7% |
| Gross operating margin | 9900 | €120,424 | €78,353 | -€42,070 | -34.9% |
| Operating profit (loss) | 9901 | €89,426 | €51,296 | -€38,130 | -42.6% |
| Financial income | 75/76B | €8 | €1 | -€7 | -88.3% |
| Recurring financial income | 75 | €8 | €1 | -€7 | -88.3% |
| Financial charges | 65/66B | €4,449 | €3,976 | -€473 | -10.6% |
| Recurring financial charges | 65 | €4,449 | €3,976 | -€473 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €84,984 | €47,320 | -€37,664 | -44.3% |
| Income taxes | 67/77 | €23,680 | €13,902 | -€9,778 | -41.3% |
| Profit (loss) for the period | 9904 | €61,304 | €33,418 | -€27,886 | -45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €61,304 | €33,418 | -€27,886 | -45.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.