LOGNAY: 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.
LOGNAY
Largest movements
- Tangible fixed assets -€38,470
down €38,470 (-5.7%), from €670,148 to €631,678
of which Land and buildings: -€35,733
- Cash +€27,146
up €27,146 (+247%), from €10,978 to €38,124
mainly Depreciation (+€49,101) and Contributions, distributions and other (+€6,300)
- Profit (loss) carried forward -€15,218
down €15,218 (-5.5%), from -€276,042 to -€291,260
- Gross operating margin +€39,181
up €39,181, from -€5,121 to €34,059
- Financial income +€2,845
new in 2025: €2,845
- Other operating charges +€536
up €536 (+22.0%), from €2,436 to €2,972
- Depreciation +€380
up €380 (+0.8%), from €48,721 to €49,101
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 | €682,693 | €672,877 | -€9,816 | -1.4% |
| Fixed assets | 21/28 | €670,148 | €631,678 | -€38,470 | -5.7% |
| Tangible fixed assets | 22/27 | €670,148 | €631,678 | -€38,470 | -5.7% |
| Land and buildings | 22 | €653,801 | €618,068 | -€35,733 | -5.5% |
| Plant, machinery and equipment | 23 | €2,658 | €1,680 | -€979 | -36.8% |
| Furniture and vehicles | 24 | €13,689 | €11,930 | -€1,759 | -12.8% |
| Current assets | 29/58 | €12,545 | €41,199 | +€28,654 | +228% |
| Amounts receivable within one year | 40/41 | €0 | €3,075 | +€3,075 | |
| Trade receivables | 40 | €0 | €2,728 | +€2,728 | |
| Other amounts receivable | 41 | - | €347 | +€347 | |
| Cash at bank and in hand | 54/58 | €10,978 | €38,124 | +€27,146 | +247% |
| Deferred charges and accrued income | 490/1 | €1,567 | €0 | -€1,567 | -100% |
| Total equity and liabilities | 10/49 | €682,693 | €672,877 | -€9,816 | -1.4% |
| Equity | 10/15 | €134,653 | €125,735 | -€8,918 | -6.6% |
| Contributions | 10/11 | €410,695 | €410,695 | = | 0.0% |
| Capital | 10 | €410,695 | €410,695 | = | 0.0% |
| Issued capital | 100 | €410,695 | €410,695 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€276,042 | -€291,260 | -€15,218 | -5.5% |
| Investment grants | 15 | - | €6,300 | +€6,300 | |
| Amounts payable | 17/49 | €548,040 | €547,142 | -€898 | -0.2% |
| Amounts payable within one year | 42/48 | €548,040 | €547,142 | -€898 | -0.2% |
| Trade debts | 44 | €10,701 | €5,586 | -€5,115 | -47.8% |
| Suppliers | 440/4 | €10,701 | €5,586 | -€5,115 | -47.8% |
| Taxes, remuneration and social security | 45 | €725 | €0 | -€725 | -100% |
| Taxes | 450/3 | €725 | €0 | -€725 | -100% |
| Other amounts payable | 47/48 | €536,614 | €541,556 | +€4,942 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,721 | €49,101 | +€380 | +0.8% |
| Other operating charges | 640/8 | €2,436 | €2,972 | +€536 | +22.0% |
| Gross operating margin | 9900 | -€5,121 | €34,059 | +€39,181 | |
| Operating profit (loss) | 9901 | -€56,278 | -€18,014 | +€38,265 | +68.0% |
| Financial income | 75/76B | - | €2,845 | +€2,845 | |
| Recurring financial income | 75 | - | €2,845 | +€2,845 | |
| Financial charges | 65/66B | €22 | €49 | +€27 | +124% |
| Recurring financial charges | 65 | €22 | €49 | +€27 | +124% |
| Profit (loss) for the period before taxes | 9903 | -€56,300 | -€15,218 | +€41,083 | +73.0% |
| Profit (loss) for the period | 9904 | -€56,300 | -€15,218 | +€41,083 | +73.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,300 | -€15,218 | +€41,083 | +73.0% |
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 26 October 2026 via checked.be.