Logo - Com: what changed
Two fiscal 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 - Com
Largest movements
- Tangible fixed assets -€10,042
down €10,042 (-22.0%), from €45,711 to €35,669
of which Furniture and vehicles: -€7,775
- Cash +€7,971
up €7,971 (+13.8%), from €57,749 to €65,719
mainly Depreciation (+€11,503) and Receivables within one year (+€2,589)
- Receivables within one year -€2,589
down €2,589 (-35.6%), from €7,281 to €4,693
- Other debts -€5,961
down €5,961 (-12.5%), from €47,851 to €41,890
- Reserves +€1,208
up €1,208 (+2.0%), from €61,555 to €62,763
- Gross operating margin -€10,510
down €10,510 (-40.6%), from €25,914 to €15,404
- Financial charges -€2,800
down €2,800 (-97.5%), from €2,872 to €72
- Taxes -€1,584
down €1,584 (-46.7%), from €3,392 to €1,807
- Depreciation +€261
up €261 (+2.3%), from €11,242 to €11,503
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 | €111,398 | €106,243 | -€5,154 | -4.6% |
| Fixed assets | 21/28 | €45,711 | €35,669 | -€10,042 | -22.0% |
| Tangible fixed assets | 22/27 | €45,711 | €35,669 | -€10,042 | -22.0% |
| Land and buildings | 22 | €9,015 | €8,359 | -€656 | -7.3% |
| Plant, machinery and equipment | 23 | €2,638 | €1,027 | -€1,611 | -61.1% |
| Furniture and vehicles | 24 | €34,059 | €26,283 | -€7,775 | -22.8% |
| Current assets | 29/58 | €65,686 | €70,574 | +€4,888 | +7.4% |
| Amounts receivable within one year | 40/41 | €7,281 | €4,693 | -€2,589 | -35.6% |
| Other amounts receivable | 41 | €7,281 | €4,693 | -€2,589 | -35.6% |
| Cash at bank and in hand | 54/58 | €57,749 | €65,719 | +€7,971 | +13.8% |
| Deferred charges and accrued income | 490/1 | €656 | €163 | -€494 | -75.2% |
| Total equity and liabilities | 10/49 | €111,398 | €106,243 | -€5,154 | -4.6% |
| Equity | 10/15 | €62,805 | €64,013 | +€1,208 | +1.9% |
| Contributions | 10/11 | €1,250 | €1,250 | = | 0.0% |
| Reserves | 13 | €61,555 | €62,763 | +€1,208 | +2.0% |
| Distributable reserves | 133 | €61,555 | €62,763 | +€1,208 | +2.0% |
| Amounts payable | 17/49 | €48,592 | €42,230 | -€6,362 | -13.1% |
| Amounts payable within one year | 42/48 | €48,592 | €42,230 | -€6,362 | -13.1% |
| Trade debts | 44 | €741 | €340 | -€401 | -54.1% |
| Suppliers | 440/4 | €741 | €340 | -€401 | -54.1% |
| Other amounts payable | 47/48 | €47,851 | €41,890 | -€5,961 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,242 | €11,503 | +€261 | +2.3% |
| Other operating charges | 640/8 | €891 | €813 | -€78 | -8.7% |
| Gross operating margin | 9900 | €25,914 | €15,404 | -€10,510 | -40.6% |
| Operating profit (loss) | 9901 | €13,780 | €3,087 | -€10,693 | -77.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,872 | €72 | -€2,800 | -97.5% |
| Recurring financial charges | 65 | €2,872 | €72 | -€2,800 | -97.5% |
| Profit (loss) for the period before taxes | 9903 | €10,908 | €3,015 | -€7,893 | -72.4% |
| Income taxes | 67/77 | €3,392 | €1,807 | -€1,584 | -46.7% |
| Profit (loss) for the period | 9904 | €7,517 | €1,208 | -€6,309 | -83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,517 | €1,208 | -€6,309 | -83.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.