LOGOVISION: 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.
LOGOVISION
Largest movements
- Tangible fixed assets +€56,469
up €56,469 (+1405.4%), from €4,018 to €60,487
of which Furniture and vehicles: +€55,871
- Cash +€4,215
up €4,215 (+26.7%), from €15,767 to €19,982
mainly Other debts (+€55,307) and Depreciation (+€15,360)
- Receivables within one year +€2,506
up €2,506 (+104.8%), from €2,392 to €4,898
of which Trade receivables: +€2,183
- Stocks and contracts +€1,759
up €1,759 (+2.7%), from €66,189 to €67,948
- Other debts +€55,307
up €55,307 (+209.4%), from €26,417 to €81,724
- Profit (loss) carried forward +€10,116
up €10,116, from -€1,193 to €8,922
- Tax, wage and social debts -€5,516
down €5,516 (-42.3%), from €13,027 to €7,511
- Trade debts +€3,842
up €3,842 (+164.5%), from €2,336 to €6,178
- Taxes -€10,329
down €10,329, from €10,022 to -€307
- Depreciation +€5,790
up €5,790 (+60.5%), from €9,570 to €15,360
- Financial charges -€842
down €842 (-40.5%), from €2,077 to €1,235
- Financial income +€752
up €752 (+823.8%), from €91 to €843
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 | €93,357 | €157,152 | +€63,795 | +68.3% |
| Fixed assets | 21/28 | €8,257 | €63,637 | +€55,381 | +670.7% |
| Intangible fixed assets | 21 | €4,239 | €3,151 | -€1,088 | -25.7% |
| Tangible fixed assets | 22/27 | €4,018 | €60,487 | +€56,469 | +1405.4% |
| Plant, machinery and equipment | 23 | €190 | €788 | +€598 | +314.5% |
| Furniture and vehicles | 24 | €3,828 | €59,699 | +€55,871 | +1459.6% |
| Current assets | 29/58 | €85,100 | €93,515 | +€8,415 | +9.9% |
| Stocks and contracts in progress | 3 | €66,189 | €67,948 | +€1,759 | +2.7% |
| Stocks | 30/36 | €66,189 | €67,948 | +€1,759 | +2.7% |
| Amounts receivable within one year | 40/41 | €2,392 | €4,898 | +€2,506 | +104.8% |
| Trade receivables | 40 | €2,349 | €4,532 | +€2,183 | +93.0% |
| Other amounts receivable | 41 | €43 | €366 | +€322 | +743.2% |
| Cash at bank and in hand | 54/58 | €15,767 | €19,982 | +€4,215 | +26.7% |
| Deferred charges and accrued income | 490/1 | €752 | €687 | -€65 | -8.7% |
| Total equity and liabilities | 10/49 | €93,357 | €157,152 | +€63,795 | +68.3% |
| Equity | 10/15 | €51,577 | €61,692 | +€10,116 | +19.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €2,770 | €2,770 | = | 0.0% |
| Distributable reserves | 133 | €2,770 | €2,770 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,193 | €8,922 | +€10,116 | |
| Amounts payable | 17/49 | €41,780 | €95,460 | +€53,680 | +128.5% |
| Amounts payable within one year | 42/48 | €41,780 | €95,413 | +€53,633 | +128.4% |
| Trade debts | 44 | €2,336 | €6,178 | +€3,842 | +164.5% |
| Suppliers | 440/4 | €2,336 | €6,178 | +€3,842 | +164.5% |
| Taxes, remuneration and social security | 45 | €13,027 | €7,511 | -€5,516 | -42.3% |
| Taxes | 450/3 | €13,027 | €7,511 | -€5,516 | -42.3% |
| Other amounts payable | 47/48 | €26,417 | €81,724 | +€55,307 | +209.4% |
| Accrued charges and deferred income | 492/3 | - | €47 | +€47 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,570 | €15,360 | +€5,790 | +60.5% |
| Other operating charges | 640/8 | €503 | €591 | +€88 | +17.6% |
| Gross operating margin | 9900 | €26,119 | €26,152 | +€32 | +0.1% |
| Operating profit (loss) | 9901 | €16,047 | €10,200 | -€5,846 | -36.4% |
| Financial income | 75/76B | €91 | €843 | +€752 | +823.8% |
| Recurring financial income | 75 | €91 | €843 | +€752 | +823.8% |
| Financial charges | 65/66B | €2,077 | €1,235 | -€842 | -40.5% |
| Recurring financial charges | 65 | €2,077 | €1,235 | -€842 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €14,061 | €9,809 | -€4,252 | -30.2% |
| Income taxes | 67/77 | €10,022 | -€307 | -€10,329 | |
| Profit (loss) for the period | 9904 | €4,039 | €10,116 | +€6,077 | +150.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,039 | €10,116 | +€6,077 | +150.5% |
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 8 October 2026 via checked.be.