LOGOS SOLUTION: 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.
LOGOS SOLUTION
Largest movements
- Tangible fixed assets +€11,928
up €11,928 (+40.0%), from €29,790 to €41,718
of which Furniture and vehicles: +€18,757
- Cash +€4,910
up €4,910 (+40.4%), from €12,142 to €17,051
mainly Depreciation (+€11,526) and Trade debts (+€6,404)
- Receivables within one year +€1,609
up €1,609 (+13.7%), from €11,738 to €13,347
of which Trade receivables: +€2,246
- Stocks and contracts +€1,387
up €1,387 (+11.8%), from €11,800 to €13,187
- Trade debts +€6,404
up €6,404 (+377.9%), from €1,695 to €8,098
- Debts after one year +€4,831
up €4,831 (+43.6%), from €11,079 to €15,910
- Profit (loss) carried forward +€4,030
up €4,030 (+159.0%), from €2,535 to €6,564
- Current portion of long-term debt +€3,573
up €3,573 (+84.4%), from €4,233 to €7,806
- Tax, wage and social debts +€2,698
up €2,698 (+39.1%), from €6,906 to €9,605
- Gross operating margin -€4,669
down €4,669 (-18.4%), from €25,331 to €20,662
- Financial charges +€2,913
up €2,913 (+225.8%), from €1,290 to €4,204
- Taxes -€1,780
down €1,780 (-51.1%), from €3,486 to €1,706
- Financial income +€1,407
up €1,407 (+3518550.0%), from €0 to €1,407
- Depreciation -€600
down €600 (-4.9%), from €12,125 to €11,526
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,097 | €87,126 | +€20,028 | +29.8% |
| Fixed assets | 21/28 | €29,790 | €41,718 | +€11,928 | +40.0% |
| Tangible fixed assets | 22/27 | €29,790 | €41,718 | +€11,928 | +40.0% |
| Land and buildings | 22 | - | €1,536 | +€1,536 | |
| Plant, machinery and equipment | 23 | €26,229 | €17,864 | -€8,365 | -31.9% |
| Furniture and vehicles | 24 | €3,561 | €22,318 | +€18,757 | +526.6% |
| Current assets | 29/58 | €37,307 | €45,407 | +€8,100 | +21.7% |
| Stocks and contracts in progress | 3 | €11,800 | €13,187 | +€1,387 | +11.8% |
| Stocks | 30/36 | €11,800 | €13,187 | +€1,387 | +11.8% |
| Amounts receivable within one year | 40/41 | €11,738 | €13,347 | +€1,609 | +13.7% |
| Trade receivables | 40 | €11,086 | €13,332 | +€2,246 | +20.3% |
| Other amounts receivable | 41 | €652 | €14 | -€637 | -97.8% |
| Cash at bank and in hand | 54/58 | €12,142 | €17,051 | +€4,910 | +40.4% |
| Deferred charges and accrued income | 490/1 | €1,628 | €1,822 | +€195 | +12.0% |
| Total equity and liabilities | 10/49 | €67,097 | €87,126 | +€20,028 | +29.8% |
| Equity | 10/15 | €35,995 | €40,024 | +€4,030 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,860 | €14,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,535 | €6,564 | +€4,030 | +159.0% |
| Amounts payable | 17/49 | €31,103 | €47,101 | +€15,999 | +51.4% |
| Amounts payable after more than one year | 17 | €11,079 | €15,910 | +€4,831 | +43.6% |
| Financial debts | 170/4 | €11,079 | €15,910 | +€4,831 | +43.6% |
| Amounts payable within one year | 42/48 | €20,023 | €31,191 | +€11,168 | +55.8% |
| Current portion of amounts payable after more than one year | 42 | €4,233 | €7,806 | +€3,573 | +84.4% |
| Trade debts | 44 | €1,695 | €8,098 | +€6,404 | +377.9% |
| Suppliers | 440/4 | €1,695 | €8,098 | +€6,404 | +377.9% |
| Taxes, remuneration and social security | 45 | €6,906 | €9,605 | +€2,698 | +39.1% |
| Taxes | 450/3 | €6,906 | €9,605 | +€2,698 | +39.1% |
| Other amounts payable | 47/48 | €7,189 | €5,682 | -€1,507 | -21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,125 | €11,526 | -€600 | -4.9% |
| Other operating charges | 640/8 | €891 | €605 | -€285 | -32.0% |
| Gross operating margin | 9900 | €25,331 | €20,662 | -€4,669 | -18.4% |
| Operating profit (loss) | 9901 | €12,315 | €8,531 | -€3,784 | -30.7% |
| Financial income | 75/76B | €0 | €1,407 | +€1,407 | +3518550.0% |
| Recurring financial income | 75 | €0 | €1,407 | +€1,407 | +3518550.0% |
| Financial charges | 65/66B | €1,290 | €4,204 | +€2,913 | +225.8% |
| Recurring financial charges | 65 | €1,290 | €4,204 | +€2,913 | +225.8% |
| Profit (loss) for the period before taxes | 9903 | €11,025 | €5,735 | -€5,290 | -48.0% |
| Income taxes | 67/77 | €3,486 | €1,706 | -€1,780 | -51.1% |
| Profit (loss) for the period | 9904 | €7,539 | €4,030 | -€3,509 | -46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,539 | €4,030 | -€3,509 | -46.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.