LOGOSTART: 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.
LOGOSTART
Largest movements
- Receivables within one year +€2,964
up €2,964 (+73.1%), from €4,055 to €7,018
- Cash -€1,850
down €1,850 (-24.5%), from €7,538 to €5,689
mainly Receivables within one year (-€2,964) and Accrued charges and deferred income (-€618)
- Trade debts +€1,372
up €1,372 (+292.1%), from €470 to €1,842
- Accrued charges and deferred income -€618
no longer reported in 2025 (was €618)
- Tax, wage and social debts +€559
up €559 (+81.3%), from €688 to €1,247
of which Taxes: +€459
- Profit (loss) carried forward -€197
new in 2025: -€197
- Gross operating margin -€3,129
down €3,129 (-62.6%), from €4,996 to €1,867
- Taxes -€1,041
down €1,041 (-57.5%), from €1,811 to €770
- Financial income -€273
no longer reported in 2025 (was €273)
- Write-downs +€66
new in 2025: €66
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 | €11,697 | €12,813 | +€1,116 | +9.5% |
| Current assets | 29/58 | €11,697 | €12,813 | +€1,116 | +9.5% |
| Amounts receivable within one year | 40/41 | €4,055 | €7,018 | +€2,964 | +73.1% |
| Trade receivables | 40 | €4,055 | €7,018 | +€2,964 | +73.1% |
| Cash at bank and in hand | 54/58 | €7,538 | €5,689 | -€1,850 | -24.5% |
| Deferred charges and accrued income | 490/1 | €104 | €106 | +€2 | +2.0% |
| Total equity and liabilities | 10/49 | €11,697 | €12,813 | +€1,116 | +9.5% |
| Equity | 10/15 | €9,921 | €9,724 | -€197 | -2.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €7,421 | €7,421 | = | 0.0% |
| Distributable reserves | 133 | €7,421 | €7,421 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€197 | -€197 | |
| Amounts payable | 17/49 | €1,776 | €3,089 | +€1,313 | +73.9% |
| Amounts payable within one year | 42/48 | €1,158 | €3,089 | +€1,931 | +166.8% |
| Trade debts | 44 | €470 | €1,842 | +€1,372 | +292.1% |
| Suppliers | 440/4 | €470 | €1,842 | +€1,372 | +292.1% |
| Taxes, remuneration and social security | 45 | €688 | €1,247 | +€559 | +81.3% |
| Taxes | 450/3 | €311 | €770 | +€459 | +147.6% |
| Remuneration and social security | 454/9 | €377 | €477 | +€100 | +26.5% |
| Accrued charges and deferred income | 492/3 | €618 | - | -€618 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €66 | +€66 | |
| Other operating charges | 640/8 | €148 | €150 | +€2 | +1.4% |
| Gross operating margin | 9900 | €4,996 | €1,867 | -€3,129 | -62.6% |
| Operating profit (loss) | 9901 | €4,848 | €1,651 | -€3,197 | -65.9% |
| Financial income | 75/76B | €273 | - | -€273 | |
| Recurring financial income | 75 | €273 | - | -€273 | |
| Financial charges | 65/66B | €1,041 | €1,079 | +€38 | +3.6% |
| Recurring financial charges | 65 | €1,041 | €1,079 | +€38 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €4,080 | €573 | -€3,508 | -86.0% |
| Income taxes | 67/77 | €1,811 | €770 | -€1,041 | -57.5% |
| Profit (loss) for the period | 9904 | €2,269 | -€197 | -€2,467 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,269 | -€197 | -€2,467 |
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.