LOGITOOLS: 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.
LOGITOOLS
Largest movements
- Cash +€12,931
up €12,931 (+29.6%), from €43,676 to €56,606
mainly Net result for the year (+€17,491) and Depreciation (+€11,177)
- Tangible fixed assets -€11,177
down €11,177 (-20.9%), from €53,396 to €42,219
- Receivables within one year +€7,008
up €7,008 (+33.6%), from €20,857 to €27,865
of which Trade receivables: +€12,100
- Reserves +€17,491
up €17,491 (+42.4%), from €41,242 to €58,733
- Debts after one year -€13,820
down €13,820 (-34.1%), from €40,499 to €26,679
- Tax, wage and social debts +€5,270
up €5,270 (+77.4%), from €6,805 to €12,075
of which Taxes: +€5,270
- Depreciation +€8,689
up €8,689 (+349.2%), from €2,488 to €11,177
- Gross operating margin +€4,066
up €4,066 (+12.1%), from €33,631 to €37,697
- Financial charges +€1,389
up €1,389 (+184.1%), from €755 to €2,144
- Taxes -€837
down €837 (-11.0%), from €7,620 to €6,783
- Financial income +€505
new in 2025: €505
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 | €117,929 | €127,453 | +€9,524 | +8.1% |
| Fixed assets | 21/28 | €53,396 | €42,219 | -€11,177 | -20.9% |
| Tangible fixed assets | 22/27 | €53,396 | €42,219 | -€11,177 | -20.9% |
| Furniture and vehicles | 24 | €53,396 | €42,219 | -€11,177 | -20.9% |
| Current assets | 29/58 | €64,533 | €85,234 | +€20,701 | +32.1% |
| Amounts receivable within one year | 40/41 | €20,857 | €27,865 | +€7,008 | +33.6% |
| Trade receivables | 40 | €12,100 | €24,200 | +€12,100 | +100.0% |
| Other amounts receivable | 41 | €8,757 | €3,665 | -€5,092 | -58.2% |
| Cash at bank and in hand | 54/58 | €43,676 | €56,606 | +€12,931 | +29.6% |
| Deferred charges and accrued income | 490/1 | - | €763 | +€763 | |
| Total equity and liabilities | 10/49 | €117,929 | €127,453 | +€9,524 | +8.1% |
| Equity | 10/15 | €56,854 | €74,345 | +€17,491 | +30.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,242 | €58,733 | +€17,491 | +42.4% |
| Distributable reserves | 133 | €41,242 | €58,733 | +€17,491 | +42.4% |
| Profit (loss) carried forward | 14 | €9,412 | €9,412 | = | 0.0% |
| Amounts payable | 17/49 | €61,074 | €53,108 | -€7,966 | -13.0% |
| Amounts payable after more than one year | 17 | €40,499 | €26,679 | -€13,820 | -34.1% |
| Financial debts | 170/4 | €40,499 | €26,679 | -€13,820 | -34.1% |
| Amounts payable within one year | 42/48 | €20,575 | €26,429 | +€5,854 | +28.5% |
| Current portion of amounts payable after more than one year | 42 | €13,327 | €13,820 | +€493 | +3.7% |
| Trade debts | 44 | €363 | €454 | +€91 | +25.1% |
| Suppliers | 440/4 | €363 | €454 | +€91 | +25.1% |
| Taxes, remuneration and social security | 45 | €6,805 | €12,075 | +€5,270 | +77.4% |
| Taxes | 450/3 | €3,305 | €8,575 | +€5,270 | +159.4% |
| Remuneration and social security | 454/9 | €3,500 | €3,500 | = | 0.0% |
| Other amounts payable | 47/48 | €81 | €81 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,488 | €11,177 | +€8,689 | +349.2% |
| Other operating charges | 640/8 | €586 | €606 | +€20 | +3.5% |
| Gross operating margin | 9900 | €33,631 | €37,697 | +€4,066 | +12.1% |
| Operating profit (loss) | 9901 | €30,557 | €25,913 | -€4,643 | -15.2% |
| Financial income | 75/76B | - | €505 | +€505 | |
| Recurring financial income | 75 | - | €505 | +€505 | |
| Financial charges | 65/66B | €755 | €2,144 | +€1,389 | +184.1% |
| Recurring financial charges | 65 | €755 | €2,144 | +€1,389 | +184.1% |
| Profit (loss) for the period before taxes | 9903 | €29,802 | €24,274 | -€5,528 | -18.5% |
| Income taxes | 67/77 | €7,620 | €6,783 | -€837 | -11.0% |
| Profit (loss) for the period | 9904 | €22,181 | €17,491 | -€4,691 | -21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,181 | €17,491 | -€4,691 | -21.1% |
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 8 October 2026 via checked.be.