LOGO vds: 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 vds
Largest movements
- Cash -€73,229
down €73,229 (-88.3%), from €82,959 to €9,730
mainly Contributions, distributions and other (-€91,129) and Tax, wage and social debts (-€5,497)
- Receivables within one year +€1,032
new in 2025: €1,032
- Reserves -€72,411
down €72,411 (-99.7%), from €72,630 to €218
- Other debts +€6,509
up €6,509 (+960.0%), from €678 to €7,187
- Tax, wage and social debts -€5,497
down €5,497 (-72.0%), from €7,630 to €2,133
- Gross operating margin -€14,826
down €14,826 (-36.5%), from €40,663 to €25,837
- Taxes -€2,954
down €2,954 (-37.3%), from €7,923 to €4,968
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 | €83,803 | €11,639 | -€72,164 | -86.1% |
| Current assets | 29/58 | €83,803 | €11,639 | -€72,164 | -86.1% |
| Amounts receivable within one year | 40/41 | - | €1,032 | +€1,032 | |
| Other amounts receivable | 41 | - | €1,032 | +€1,032 | |
| Cash at bank and in hand | 54/58 | €82,959 | €9,730 | -€73,229 | -88.3% |
| Deferred charges and accrued income | 490/1 | €844 | €877 | +€33 | +3.9% |
| Total equity and liabilities | 10/49 | €83,803 | €11,639 | -€72,164 | -86.1% |
| Equity | 10/15 | €74,130 | €1,718 | -€72,411 | -97.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €72,630 | €218 | -€72,411 | -99.7% |
| Distributable reserves | 133 | €72,630 | €218 | -€72,411 | -99.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €9,673 | €9,921 | +€247 | +2.6% |
| Amounts payable within one year | 42/48 | €9,673 | €9,921 | +€247 | +2.6% |
| Trade debts | 44 | €1,366 | €601 | -€765 | -56.0% |
| Suppliers | 440/4 | €1,366 | €601 | -€765 | -56.0% |
| Taxes, remuneration and social security | 45 | €7,630 | €2,133 | -€5,497 | -72.0% |
| Taxes | 450/3 | €7,630 | €2,133 | -€5,497 | -72.0% |
| Other amounts payable | 47/48 | €678 | €7,187 | +€6,509 | +960.0% |
| Other operating charges | 640/8 | €983 | €1,002 | +€20 | +2.0% |
| Gross operating margin | 9900 | €40,663 | €25,837 | -€14,826 | -36.5% |
| Operating profit (loss) | 9901 | €39,680 | €24,835 | -€14,846 | -37.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | +500.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +500.0% |
| Financial charges | 65/66B | €1,361 | €1,149 | -€212 | -15.6% |
| Recurring financial charges | 65 | €1,361 | €1,149 | -€212 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €38,319 | €23,686 | -€14,633 | -38.2% |
| Income taxes | 67/77 | €7,923 | €4,968 | -€2,954 | -37.3% |
| Profit (loss) for the period | 9904 | €30,397 | €18,718 | -€11,679 | -38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,397 | €18,718 | -€11,679 | -38.4% |
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 9 October 2026 via checked.be.