Logo Engineering: 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 Engineering
Largest movements
- Tangible fixed assets -€49,051
down €49,051 (-4.1%), from €1.2m to €1.1m
of which Land and buildings: -€48,830
- Debts after one year -€80,711
down €80,711 (-8.5%), from €946,433 to €865,722
- Reserves +€40,732
up €40,732 (+34.6%), from €117,699 to €158,430
- Trade debts -€15,683
down €15,683 (-79.1%), from €19,822 to €4,138
- Gross operating margin -€22,348
down €22,348 (-13.7%), from €162,998 to €140,650
- Taxes -€4,436
down €4,436 (-18.9%), from €23,415 to €18,979
- Depreciation -€2,797
down €2,797 (-5.0%), from €55,584 to €52,786
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 | €1,259,067 | €1,210,214 | -€48,853 | -3.9% |
| Fixed assets | 21/28 | €1,194,739 | €1,145,688 | -€49,051 | -4.1% |
| Tangible fixed assets | 22/27 | €1,194,739 | €1,145,688 | -€49,051 | -4.1% |
| Land and buildings | 22 | €1,149,323 | €1,100,492 | -€48,830 | -4.2% |
| Plant, machinery and equipment | 23 | €45,416 | €42,504 | -€2,912 | -6.4% |
| Furniture and vehicles | 24 | - | €2,691 | +€2,691 | |
| Current assets | 29/58 | €64,328 | €64,526 | +€198 | +0.3% |
| Amounts receivable within one year | 40/41 | €54,761 | €43,238 | -€11,523 | -21.0% |
| Trade receivables | 40 | €51,280 | €40,632 | -€10,648 | -20.8% |
| Other amounts receivable | 41 | €3,481 | €2,606 | -€876 | -25.1% |
| Cash at bank and in hand | 54/58 | €9,250 | €20,961 | +€11,712 | +126.6% |
| Deferred charges and accrued income | 490/1 | €317 | €327 | +€10 | +3.0% |
| Total equity and liabilities | 10/49 | €1,259,067 | €1,210,214 | -€48,853 | -3.9% |
| Equity | 10/15 | €173,983 | €214,630 | +€40,648 | +23.4% |
| Contributions | 10/11 | €56,200 | €56,200 | = | 0.0% |
| Reserves | 13 | €117,699 | €158,430 | +€40,732 | +34.6% |
| Distributable reserves | 133 | €117,699 | €158,430 | +€40,732 | +34.6% |
| Profit (loss) carried forward | 14 | €84 | €0 | -€84 | -100.0% |
| Amounts payable | 17/49 | €1,085,085 | €995,584 | -€89,501 | -8.2% |
| Amounts payable after more than one year | 17 | €946,433 | €865,722 | -€80,711 | -8.5% |
| Financial debts | 170/4 | €946,433 | €865,722 | -€80,711 | -8.5% |
| Amounts payable within one year | 42/48 | €127,543 | €118,753 | -€8,790 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €79,076 | €80,711 | +€1,635 | +2.1% |
| Financial debts | 43 | €0 | €5,864 | +€5,864 | |
| Credit institutions | 430/8 | €0 | €5,864 | +€5,864 | |
| Trade debts | 44 | €19,822 | €4,138 | -€15,683 | -79.1% |
| Suppliers | 440/4 | €19,822 | €4,138 | -€15,683 | -79.1% |
| Taxes, remuneration and social security | 45 | €5,121 | €807 | -€4,314 | -84.2% |
| Taxes | 450/3 | €5,121 | €807 | -€4,314 | -84.2% |
| Other amounts payable | 47/48 | €23,525 | €27,233 | +€3,709 | +15.8% |
| Accrued charges and deferred income | 492/3 | €11,109 | €11,109 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,584 | €52,786 | -€2,797 | -5.0% |
| Other operating charges | 640/8 | €7,519 | €8,047 | +€528 | +7.0% |
| Gross operating margin | 9900 | €162,998 | €140,650 | -€22,348 | -13.7% |
| Operating profit (loss) | 9901 | €99,895 | €79,817 | -€20,079 | -20.1% |
| Financial charges | 65/66B | €21,214 | €20,190 | -€1,024 | -4.8% |
| Recurring financial charges | 65 | €21,214 | €20,190 | -€1,024 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €78,681 | €59,627 | -€19,055 | -24.2% |
| Income taxes | 67/77 | €23,415 | €18,979 | -€4,436 | -18.9% |
| Profit (loss) for the period | 9904 | €55,266 | €40,648 | -€14,619 | -26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €55,266 | €40,648 | -€14,619 | -26.5% |
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 30 September 2026 via checked.be.