LOGIVER: 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.
LOGIVER
Largest movements
- Cash -€10,592
down €10,592 (-5.2%), from €205,250 to €194,658
mainly Contributions, distributions and other (-€43,542) and Receivables within one year (-€10,013)
- Receivables within one year +€10,013
up €10,013 (+175%), from €5,717 to €15,730
of which Trade receivables: +€10,013
- Deferred charges and accrued income +€2,471
up €2,471 (+70.0%), from €3,532 to €6,002
- Other debts +€15,522
up €15,522 (+30.0%), from €51,818 to €67,340
- Reserves -€14,592
down €14,592 (-9.8%), from €148,382 to €133,790
- Gross operating margin -€2,458
down €2,458 (-4.9%), from €49,994 to €47,536
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €218,352 | €218,131 | -€221 | -0.1% |
| Fixed assets | 21/28 | €3,853 | €1,741 | -€2,112 | -54.8% |
| Tangible fixed assets | 22/27 | €3,853 | €1,741 | -€2,112 | -54.8% |
| Furniture and vehicles | 24 | €857 | €367 | -€490 | -57.2% |
| Other tangible fixed assets | 26 | €2,995 | €1,374 | -€1,621 | -54.1% |
| Current assets | 29/58 | €214,499 | €216,390 | +€1,891 | +0.9% |
| Amounts receivable within one year | 40/41 | €5,717 | €15,730 | +€10,013 | +175% |
| Trade receivables | 40 | €5,717 | €15,730 | +€10,013 | +175% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €205,250 | €194,658 | -€10,592 | -5.2% |
| Deferred charges and accrued income | 490/1 | €3,532 | €6,002 | +€2,471 | +70.0% |
| Total equity and liabilities | 10/49 | €218,352 | €218,131 | -€221 | -0.1% |
| Equity | 10/15 | €154,582 | €139,990 | -€14,592 | -9.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €148,382 | €133,790 | -€14,592 | -9.8% |
| Distributable reserves | 133 | €148,382 | €133,790 | -€14,592 | -9.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €63,769 | €78,141 | +€14,371 | +22.5% |
| Amounts payable within one year | 42/48 | €63,769 | €78,141 | +€14,371 | +22.5% |
| Trade debts | 44 | €1,428 | €332 | -€1,096 | -76.7% |
| Suppliers | 440/4 | €1,428 | €332 | -€1,096 | -76.7% |
| Taxes, remuneration and social security | 45 | €10,524 | €10,468 | -€55 | -0.5% |
| Taxes | 450/3 | €10,524 | €10,468 | -€55 | -0.5% |
| Other amounts payable | 47/48 | €51,818 | €67,340 | +€15,522 | +30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,112 | €2,112 | = | 0.0% |
| Other operating charges | 640/8 | €713 | €574 | -€139 | -19.5% |
| Gross operating margin | 9900 | €49,994 | €47,536 | -€2,458 | -4.9% |
| Operating profit (loss) | 9901 | €47,169 | €44,850 | -€2,319 | -4.9% |
| Financial income | 75/76B | €12 | €0 | -€12 | -100% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -100% |
| Financial charges | 65/66B | €2,916 | €2,954 | +€39 | +1.3% |
| Recurring financial charges | 65 | €2,916 | €2,954 | +€39 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €44,266 | €41,896 | -€2,370 | -5.4% |
| Income taxes | 67/77 | €13,182 | €12,946 | -€236 | -1.8% |
| Profit (loss) for the period | 9904 | €31,083 | €28,950 | -€2,134 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,083 | €28,950 | -€2,134 | -6.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.