LOGO & CO: 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.
LOGO & CO
Largest movements
- Cash -€2,336
down €2,336 (-99.1%), from €2,358 to €22
mainly Investment in fixed assets (net) (-€21,062) and Debts after one year (-€18,392)
- Debts after one year -€18,392
down €18,392 (-18.1%), from €101,553 to €83,161
- Profit (loss) carried forward +€13,609
up €13,609 (+69.0%), from €19,719 to €33,328
- Trade debts -€3,808
down €3,808 (-58.9%), from €6,467 to €2,659
- Tax, wage and social debts +€3,366
up €3,366 (+48.3%), from €6,977 to €10,343
of which Taxes: +€2,566
- Gross operating margin +€5,951
up €5,951 (+14.4%), from €41,381 to €47,332
- Depreciation +€5,176
up €5,176 (+30.7%), from €16,858 to €22,034
- Taxes +€1,766
up €1,766 (+53.7%), from €3,289 to €5,054
- Financial charges +€834
up €834 (+24.2%), from €3,438 to €4,271
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 | €193,694 | €190,343 | -€3,351 | -1.7% |
| Fixed assets | 21/28 | €190,225 | €189,253 | -€972 | -0.5% |
| Tangible fixed assets | 22/27 | €190,225 | €189,253 | -€972 | -0.5% |
| Land and buildings | 22 | €187,965 | €188,019 | +€53 | 0.0% |
| Furniture and vehicles | 24 | €2,259 | €1,234 | -€1,025 | -45.4% |
| Current assets | 29/58 | €3,469 | €1,091 | -€2,379 | -68.6% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €2,358 | €22 | -€2,336 | -99.1% |
| Deferred charges and accrued income | 490/1 | €1,112 | €1,069 | -€43 | -3.8% |
| Total equity and liabilities | 10/49 | €193,694 | €190,343 | -€3,351 | -1.7% |
| Equity | 10/15 | €32,119 | €45,728 | +€13,609 | +42.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,719 | €33,328 | +€13,609 | +69.0% |
| Amounts payable | 17/49 | €161,575 | €144,615 | -€16,960 | -10.5% |
| Amounts payable after more than one year | 17 | €101,553 | €83,161 | -€18,392 | -18.1% |
| Financial debts | 170/4 | €101,553 | €83,161 | -€18,392 | -18.1% |
| Amounts payable within one year | 42/48 | €60,022 | €61,074 | +€1,052 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €17,807 | €18,392 | +€586 | +3.3% |
| Trade debts | 44 | €6,467 | €2,659 | -€3,808 | -58.9% |
| Suppliers | 440/4 | €6,467 | €2,659 | -€3,808 | -58.9% |
| Taxes, remuneration and social security | 45 | €6,977 | €10,343 | +€3,366 | +48.3% |
| Taxes | 450/3 | €6,977 | €9,543 | +€2,566 | +36.8% |
| Remuneration and social security | 454/9 | €0 | €800 | +€800 | |
| Other amounts payable | 47/48 | €28,771 | €29,680 | +€908 | +3.2% |
| Accrued charges and deferred income | 492/3 | €0 | €380 | +€380 | |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,858 | €22,034 | +€5,176 | +30.7% |
| Other operating charges | 640/8 | €2,177 | €2,363 | +€186 | +8.6% |
| Gross operating margin | 9900 | €41,381 | €47,332 | +€5,951 | +14.4% |
| Operating profit (loss) | 9901 | €22,346 | €22,935 | +€589 | +2.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | +200% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +200% |
| Financial charges | 65/66B | €3,438 | €4,271 | +€834 | +24.2% |
| Recurring financial charges | 65 | €3,438 | €4,271 | +€834 | +24.2% |
| Profit (loss) for the period before taxes | 9903 | €18,908 | €18,663 | -€245 | -1.3% |
| Income taxes | 67/77 | €3,289 | €5,054 | +€1,766 | +53.7% |
| Profit (loss) for the period | 9904 | €15,620 | €13,609 | -€2,011 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,620 | €13,609 | -€2,011 | -12.9% |
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 25 October 2026 via checked.be.