LOGIX: 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.
LOGIX
Largest movements
- Tangible fixed assets +€43,711
up €43,711 (+21.3%), from €205,071 to €248,782
of which Plant, machinery and equipment: +€45,809
- Receivables within one year -€9,379
down €9,379 (-25.1%), from €37,334 to €27,954
- Cash -€3,471
down €3,471 (-18.1%), from €19,183 to €15,712
mainly Investment in fixed assets (net) (-€50,544) and Debts after one year (-€29,632)
- Other debts +€47,105
up €47,105 (+3591.8%), from €1,311 to €48,417
- Debts after one year -€29,632
down €29,632 (-21.3%), from €138,867 to €109,235
of which Financial debts: -€17,752
- Current portion of long-term debt +€18,402
up €18,402 (+99.1%), from €18,572 to €36,974
- Tax, wage and social debts -€7,519
down €7,519 (-28.9%), from €25,992 to €18,473
of which Taxes: -€4,127
- Profit (loss) carried forward +€3,910
up €3,910 (+6.2%), from €62,583 to €66,493
- Gross operating margin -€37,028
down €37,028 (-11.6%), from €320,450 to €283,421
- Taxes +€4,294
up €4,294 (+35.8%), from €12,011 to €16,305
- Staff costs +€3,803
up €3,803 (+1.6%), from €234,703 to €238,506
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 | €274,595 | €306,861 | +€32,267 | +11.8% |
| Fixed assets | 21/28 | €206,428 | €250,188 | +€43,760 | +21.2% |
| Tangible fixed assets | 22/27 | €205,071 | €248,782 | +€43,711 | +21.3% |
| Land and buildings | 22 | €158,500 | €158,500 | = | 0.0% |
| Plant, machinery and equipment | 23 | €26,433 | €72,242 | +€45,809 | +173.3% |
| Furniture and vehicles | 24 | - | €995 | +€995 | |
| Other tangible fixed assets | 26 | €20,138 | €17,046 | -€3,093 | -15.4% |
| Financial fixed assets | 28 | €1,357 | €1,406 | +€49 | +3.6% |
| Current assets | 29/58 | €68,167 | €56,673 | -€11,494 | -16.9% |
| Stocks and contracts in progress | 3 | €11,650 | €13,007 | +€1,357 | +11.6% |
| Stocks | 30/36 | €11,650 | €13,007 | +€1,357 | +11.6% |
| Amounts receivable within one year | 40/41 | €37,334 | €27,954 | -€9,379 | -25.1% |
| Trade receivables | 40 | €37,334 | €27,954 | -€9,379 | -25.1% |
| Cash at bank and in hand | 54/58 | €19,183 | €15,712 | -€3,471 | -18.1% |
| Total equity and liabilities | 10/49 | €274,595 | €306,861 | +€32,267 | +11.8% |
| Equity | 10/15 | €89,853 | €93,762 | +€3,910 | +4.4% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €2,480 | €2,480 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,480 | €2,480 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,480 | €2,480 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,583 | €66,493 | +€3,910 | +6.2% |
| Amounts payable | 17/49 | €184,742 | €213,099 | +€28,357 | +15.3% |
| Amounts payable after more than one year | 17 | €138,867 | €109,235 | -€29,632 | -21.3% |
| Financial debts | 170/4 | €33,058 | €15,306 | -€17,752 | -53.7% |
| Advances received on contracts in progress | 176 | €31,717 | €21,087 | -€10,630 | -33.5% |
| Other amounts payable | 178/9 | €74,092 | €72,842 | -€1,250 | -1.7% |
| Amounts payable within one year | 42/48 | €45,875 | €103,864 | +€57,989 | +126.4% |
| Current portion of amounts payable after more than one year | 42 | €18,572 | €36,974 | +€18,402 | +99.1% |
| Taxes, remuneration and social security | 45 | €25,992 | €18,473 | -€7,519 | -28.9% |
| Taxes | 450/3 | €8,981 | €4,853 | -€4,127 | -46.0% |
| Remuneration and social security | 454/9 | €17,011 | €13,620 | -€3,392 | -19.9% |
| Other amounts payable | 47/48 | €1,311 | €48,417 | +€47,105 | +3591.8% |
| Remuneration, social security and pensions | 62 | €234,703 | €238,506 | +€3,803 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,174 | €6,784 | -€2,391 | -26.1% |
| Other operating charges | 640/8 | €6,357 | €9,211 | +€2,853 | +44.9% |
| Gross operating margin | 9900 | €320,450 | €283,421 | -€37,028 | -11.6% |
| Operating profit (loss) | 9901 | €70,215 | €28,921 | -€41,294 | -58.8% |
| Financial charges | 65/66B | €10,645 | €8,706 | -€1,939 | -18.2% |
| Recurring financial charges | 65 | €10,645 | €8,706 | -€1,939 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €59,570 | €20,215 | -€39,355 | -66.1% |
| Income taxes | 67/77 | €12,011 | €16,305 | +€4,294 | +35.8% |
| Profit (loss) for the period | 9904 | €47,560 | €3,910 | -€43,650 | -91.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,560 | €3,910 | -€43,650 | -91.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.