Logitail: 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.
Logitail
Largest movements
- Receivables within one year +€31,374
up €31,374 (+21.1%), from €148,972 to €180,346
of which Trade receivables: +€33,065
- Deferred charges and accrued income +€14,124
up €14,124 (+240%), from €5,884 to €20,008
- Cash +€7,803
up €7,803 (+138%), from €5,635 to €13,438
mainly Other debts (+€187,699) and Accrued charges and deferred income (+€14,055)
- Tangible fixed assets -€2,724
down €2,724 (-50.8%), from €5,362 to €2,638
- Other debts +€187,699
up €187,699 (+9.1%), from €2.1m to €2.2m
- Profit (loss) carried forward -€169,098
down €169,098 (-7.9%), from -€2.1m to -€2.3m
- Accrued charges and deferred income +€14,055
new in 2025: €14,055
- Trade debts +€10,100
up €10,100 (+6.2%), from €162,126 to €172,226
- Tax, wage and social debts +€7,838
up €7,838 (+27.0%), from €29,027 to €36,864
of which Taxes: +€12,673
- Gross operating margin -€150,196
down €150,196 (-37.7%), from €398,847 to €248,651
- Turnover -€147,415
down €147,415 (-13.0%), from €1.1m to €989,221
- Staff costs +€57,274
up €57,274 (+23.2%), from €246,705 to €303,979
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 | €165,854 | €216,430 | +€50,577 | +30.5% |
| Fixed assets | 21/28 | €5,362 | €2,638 | -€2,724 | -50.8% |
| Tangible fixed assets | 22/27 | €5,362 | €2,638 | -€2,724 | -50.8% |
| Plant, machinery and equipment | 23 | €5,362 | €2,638 | -€2,724 | -50.8% |
| Current assets | 29/58 | €160,491 | €213,792 | +€53,301 | +33.2% |
| Amounts receivable within one year | 40/41 | €148,972 | €180,346 | +€31,374 | +21.1% |
| Trade receivables | 40 | €147,223 | €180,287 | +€33,065 | +22.5% |
| Other amounts receivable | 41 | €1,749 | €58 | -€1,690 | -96.7% |
| Cash at bank and in hand | 54/58 | €5,635 | €13,438 | +€7,803 | +138% |
| Deferred charges and accrued income | 490/1 | €5,884 | €20,008 | +€14,124 | +240% |
| Total equity and liabilities | 10/49 | €165,854 | €216,430 | +€50,577 | +30.5% |
| Equity | 10/15 | -€2,087,088 | -€2,256,186 | -€169,098 | -8.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,149,088 | -€2,318,186 | -€169,098 | -7.9% |
| Provisions and deferred taxes | 16 | €148 | €130 | -€18 | -12.1% |
| Provisions for liabilities and charges | 160/5 | €148 | €130 | -€18 | -12.1% |
| Pensions and similar obligations | 160 | €148 | €130 | -€18 | -12.1% |
| Amounts payable | 17/49 | €2,252,793 | €2,472,486 | +€219,692 | +9.8% |
| Amounts payable within one year | 42/48 | €2,252,793 | €2,458,431 | +€205,637 | +9.1% |
| Trade debts | 44 | €162,126 | €172,226 | +€10,100 | +6.2% |
| Suppliers | 440/4 | €162,126 | €172,226 | +€10,100 | +6.2% |
| Taxes, remuneration and social security | 45 | €29,027 | €36,864 | +€7,838 | +27.0% |
| Taxes | 450/3 | €1,683 | €14,356 | +€12,673 | +753% |
| Remuneration and social security | 454/9 | €27,344 | €22,508 | -€4,836 | -17.7% |
| Other amounts payable | 47/48 | €2,061,641 | €2,249,340 | +€187,699 | +9.1% |
| Accrued charges and deferred income | 492/3 | - | €14,055 | +€14,055 | |
| Turnover | 70 | €1,136,636 | €989,221 | -€147,415 | -13.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €741,915 | €746,015 | +€4,100 | +0.6% |
| Remuneration, social security and pensions | 62 | €246,705 | €303,979 | +€57,274 | +23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,150 | €2,724 | +€575 | +26.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€18 | -€18 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €148 | - | -€148 | |
| Other operating charges | 640/8 | €1,817 | €1,854 | +€36 | +2.0% |
| Gross operating margin | 9900 | €398,847 | €248,651 | -€150,196 | -37.7% |
| Operating profit (loss) | 9901 | €148,026 | -€59,889 | -€207,915 | |
| Financial income | 75/76B | €6,139 | €1,143 | -€4,996 | -81.4% |
| Recurring financial income | 75 | €6,139 | €1,143 | -€4,996 | -81.4% |
| Financial charges | 65/66B | €120,879 | €109,553 | -€11,326 | -9.4% |
| Recurring financial charges | 65 | €120,879 | €109,553 | -€11,326 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €33,286 | -€168,298 | -€201,585 | |
| Income taxes | 67/77 | €864 | €799 | -€65 | -7.5% |
| Profit (loss) for the period | 9904 | €32,423 | -€169,098 | -€201,520 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,423 | -€169,098 | -€201,520 |
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 14 October 2026 via checked.be.