Logiware: 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.
Logiware
Largest movements
- Receivables within one year +€54,414
up €54,414 (+60.7%), from €89,695 to €144,110
of which Trade receivables: +€32,682
- Current investments +€6,000
up €6,000 (+40.0%), from €15,000 to €21,000
- Tangible fixed assets +€4,723
up €4,723 (+175%), from €2,704 to €7,427
of which Leasing and similar rights: +€6,041
- Trade debts +€43,327
up €43,327 (+254%), from €17,082 to €60,410
of which Bills of exchange payable: +€40,068
- Profit (loss) carried forward +€22,953
up €22,953 (+26.1%), from €88,054 to €111,007
- Turnover -€111,905
no longer reported in 2025 (was €111,905)
- Purchases and services -€9,977
down €9,977 (-10.9%), from €91,295 to €81,318
- Gross operating margin +€6,618
up €6,618 (+25.7%), from €25,776 to €32,394
- Taxes +€1,435
up €1,435 (+25.9%), from €5,550 to €6,985
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 | €140,245 | €205,301 | +€65,057 | +46.4% |
| Fixed assets | 21/28 | €2,933 | €7,656 | +€4,723 | +161% |
| Tangible fixed assets | 22/27 | €2,704 | €7,427 | +€4,723 | +175% |
| Furniture and vehicles | 24 | €2,704 | €1,386 | -€1,318 | -48.7% |
| Leasing and similar rights | 25 | - | €6,041 | +€6,041 | |
| Financial fixed assets | 28 | €229 | €229 | = | 0.0% |
| Current assets | 29/58 | €137,312 | €197,646 | +€60,334 | +43.9% |
| Amounts receivable within one year | 40/41 | €89,695 | €144,110 | +€54,414 | +60.7% |
| Trade receivables | 40 | €24,228 | €56,910 | +€32,682 | +135% |
| Other amounts receivable | 41 | €65,467 | €87,200 | +€21,733 | +33.2% |
| Current investments | 50/53 | €15,000 | €21,000 | +€6,000 | +40.0% |
| Cash at bank and in hand | 54/58 | €32,013 | €32,296 | +€283 | +0.9% |
| Deferred charges and accrued income | 490/1 | €603 | €240 | -€363 | -60.2% |
| Total equity and liabilities | 10/49 | €140,245 | €205,301 | +€65,057 | +46.4% |
| Equity | 10/15 | €102,314 | €125,267 | +€22,953 | +22.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,054 | €111,007 | +€22,953 | +26.1% |
| Amounts payable | 17/49 | €37,931 | €80,035 | +€42,103 | +111% |
| Amounts payable within one year | 42/48 | €37,931 | €80,035 | +€42,103 | +111% |
| Trade debts | 44 | €17,082 | €60,410 | +€43,327 | +254% |
| Suppliers | 440/4 | €271 | €3,531 | +€3,260 | +1,203% |
| Bills of exchange payable | 441 | €16,811 | €56,879 | +€40,068 | +238% |
| Taxes, remuneration and social security | 45 | €20,849 | €19,625 | -€1,224 | -5.9% |
| Taxes | 450/3 | €20,849 | €19,625 | -€1,224 | -5.9% |
| Turnover | 70 | €111,905 | - | -€111,905 | |
| Goods, raw materials, services and sundry goods | 60/61 | €91,295 | €81,318 | -€9,977 | -10.9% |
| Remuneration, social security and pensions | 62 | - | €17 | +€17 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,443 | €2,096 | +€653 | +45.3% |
| Other operating charges | 640/8 | €349 | €613 | +€265 | +75.9% |
| Gross operating margin | 9900 | €25,776 | €32,394 | +€6,618 | +25.7% |
| Operating profit (loss) | 9901 | €23,984 | €29,668 | +€5,684 | +23.7% |
| Financial income | 75/76B | €1 | €1,011 | +€1,010 | +80,165% |
| Recurring financial income | 75 | €1 | €67 | +€66 | +5,237% |
| Non-recurring financial income | 76B | - | €944 | +€944 | |
| Financial charges | 65/66B | €1,005 | €741 | -€265 | -26.4% |
| Recurring financial charges | 65 | €1,005 | €741 | -€265 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | €22,980 | €29,939 | +€6,959 | +30.3% |
| Income taxes | 67/77 | €5,550 | €6,985 | +€1,435 | +25.9% |
| Profit (loss) for the period | 9904 | €17,430 | €22,953 | +€5,524 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,430 | €22,953 | +€5,524 | +31.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.