Logos Oostende: 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.
Logos Oostende
Largest movements
- Tangible fixed assets -€52,836
down €52,836 (-8.8%), from €600,196 to €547,360
- Receivables within one year +€17,566
up €17,566 (+39.7%), from €44,212 to €61,778
of which Trade receivables: +€17,521
- Stocks and contracts -€8,072
down €8,072 (-25.0%), from €32,242 to €24,170
- Debts after one year -€56,459
down €56,459 (-12.2%), from €464,547 to €408,088
of which Financial debts: -€56,459
- Reserves +€22,426
up €22,426 (+23.4%), from €95,724 to €118,150
- Tax, wage and social debts -€14,359
down €14,359 (-28.6%), from €50,279 to €35,920
of which Remuneration and social security: -€16,830
- Gross operating margin +€35,937
up €35,937 (+24.2%), from €148,377 to €184,314
- Staff costs -€16,485
down €16,485 (-16.2%), from €101,763 to €85,278
- Depreciation +€3,774
up €3,774 (+7.3%), from €51,659 to €55,432
- Taxes +€2,553
up €2,553, from €0 to €2,553
- Other operating charges -€2,481
down €2,481 (-30.0%), from €8,269 to €5,788
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 | €708,895 | €665,274 | -€43,621 | -6.2% |
| Fixed assets | 21/28 | €609,938 | €554,506 | -€55,432 | -9.1% |
| Intangible fixed assets | 21 | €9,441 | €6,845 | -€2,596 | -27.5% |
| Tangible fixed assets | 22/27 | €600,196 | €547,360 | -€52,836 | -8.8% |
| Land and buildings | 22 | €491,159 | €470,948 | -€20,211 | -4.1% |
| Plant, machinery and equipment | 23 | €89,828 | €66,776 | -€23,052 | -25.7% |
| Furniture and vehicles | 24 | €19,209 | €9,636 | -€9,573 | -49.8% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €98,957 | €110,768 | +€11,811 | +11.9% |
| Stocks and contracts in progress | 3 | €32,242 | €24,170 | -€8,072 | -25.0% |
| Stocks | 30/36 | €32,242 | €24,170 | -€8,072 | -25.0% |
| Amounts receivable within one year | 40/41 | €44,212 | €61,778 | +€17,566 | +39.7% |
| Trade receivables | 40 | €34,187 | €51,708 | +€17,521 | +51.3% |
| Other amounts receivable | 41 | €10,025 | €10,070 | +€45 | +0.4% |
| Cash at bank and in hand | 54/58 | €21,464 | €24,013 | +€2,548 | +11.9% |
| Deferred charges and accrued income | 490/1 | €1,039 | €808 | -€232 | -22.3% |
| Total equity and liabilities | 10/49 | €708,895 | €665,274 | -€43,621 | -6.2% |
| Equity | 10/15 | €114,274 | €136,700 | +€22,426 | +19.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €95,724 | €118,150 | +€22,426 | +23.4% |
| Distributable reserves | 133 | €95,724 | €118,150 | +€22,426 | +23.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €594,621 | €528,573 | -€66,048 | -11.1% |
| Amounts payable after more than one year | 17 | €464,547 | €408,088 | -€56,459 | -12.2% |
| Financial debts | 170/4 | €464,067 | €407,608 | -€56,459 | -12.2% |
| Other amounts payable | 178/9 | €480 | €480 | = | 0.0% |
| Amounts payable within one year | 42/48 | €129,620 | €120,188 | -€9,433 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €59,895 | €56,459 | -€3,436 | -5.7% |
| Financial debts | 43 | €3,432 | €1,708 | -€1,725 | -50.2% |
| Credit institutions | 430/8 | €3,432 | €1,708 | -€1,725 | -50.2% |
| Trade debts | 44 | €10,833 | €17,846 | +€7,013 | +64.7% |
| Suppliers | 440/4 | €10,833 | €17,846 | +€7,013 | +64.7% |
| Taxes, remuneration and social security | 45 | €50,279 | €35,920 | -€14,359 | -28.6% |
| Taxes | 450/3 | €24,546 | €27,017 | +€2,470 | +10.1% |
| Remuneration and social security | 454/9 | €25,732 | €8,903 | -€16,830 | -65.4% |
| Other amounts payable | 47/48 | €5,181 | €8,256 | +€3,075 | +59.4% |
| Accrued charges and deferred income | 492/3 | €453 | €297 | -€156 | -34.4% |
| Remuneration, social security and pensions | 62 | €101,763 | €85,278 | -€16,485 | -16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,659 | €55,432 | +€3,774 | +7.3% |
| Other operating charges | 640/8 | €8,269 | €5,788 | -€2,481 | -30.0% |
| Non-recurring operating charges | 66A | €1,015 | €0 | -€1,015 | -100% |
| Gross operating margin | 9900 | €148,377 | €184,314 | +€35,937 | +24.2% |
| Operating profit (loss) | 9901 | -€14,329 | €37,815 | +€52,144 | |
| Financial income | 75/76B | €2 | €2,087 | +€2,086 | +118,498% |
| Recurring financial income | 75 | €2 | €27 | +€25 | +1,443% |
| Non-recurring financial income | 76B | €0 | €2,060 | +€2,060 | |
| Financial charges | 65/66B | €12,558 | €13,205 | +€647 | +5.2% |
| Recurring financial charges | 65 | €12,558 | €13,205 | +€647 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | -€26,885 | €26,697 | +€53,582 | |
| Income taxes | 67/77 | €0 | €2,553 | +€2,553 | |
| Profit (loss) for the period | 9904 | -€26,885 | €24,144 | +€51,029 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,885 | €24,144 | +€51,029 |
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 28 October 2026 via checked.be.