LoGreen Management: 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.
LoGreen Management
Largest movements
- Receivables within one year -€64,638
down €64,638 (-64.1%), from €100,872 to €36,235
of which Trade receivables: -€64,236
- Cash +€39,306
up €39,306 (+94.2%), from €41,731 to €81,037
mainly Receivables within one year (+€64,638) and Net result for the year (+€27,969)
- Tangible fixed assets -€8,991
down €8,991 (-4.6%), from €195,950 to €186,959
of which Land and buildings: -€7,451
- Trade debts -€17,129
down €17,129 (-74.0%), from €23,150 to €6,020
- Debts after one year -€8,043
down €8,043 (-6.1%), from €132,856 to €124,813
- Tax, wage and social debts -€5,168
down €5,168 (-38.6%), from €13,394 to €8,226
- Other debts -€4,200
down €4,200 (-3.0%), from €137,816 to €133,616
- Gross operating margin -€67,606
down €67,606 (-56.8%), from €118,944 to €51,338
- Taxes -€14,055
down €14,055 (-63.7%), from €22,061 to €8,006
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 | €340,129 | €306,694 | -€33,435 | -9.8% |
| Fixed assets | 21/28 | €195,950 | €186,959 | -€8,991 | -4.6% |
| Tangible fixed assets | 22/27 | €195,950 | €186,959 | -€8,991 | -4.6% |
| Land and buildings | 22 | €191,257 | €183,805 | -€7,451 | -3.9% |
| Plant, machinery and equipment | 23 | €2,387 | €1,463 | -€924 | -38.7% |
| Furniture and vehicles | 24 | €2,307 | €1,691 | -€616 | -26.7% |
| Current assets | 29/58 | €144,178 | €119,735 | -€24,444 | -17.0% |
| Amounts receivable within one year | 40/41 | €100,872 | €36,235 | -€64,638 | -64.1% |
| Trade receivables | 40 | €96,477 | €32,241 | -€64,236 | -66.6% |
| Other amounts receivable | 41 | €4,396 | €3,994 | -€402 | -9.1% |
| Cash at bank and in hand | 54/58 | €41,731 | €81,037 | +€39,306 | +94.2% |
| Deferred charges and accrued income | 490/1 | €1,575 | €2,463 | +€888 | +56.4% |
| Total equity and liabilities | 10/49 | €340,129 | €306,694 | -€33,435 | -9.8% |
| Equity | 10/15 | €25,000 | €25,000 | = | 0.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable | 17/49 | €315,129 | €281,694 | -€33,435 | -10.6% |
| Amounts payable after more than one year | 17 | €132,856 | €124,813 | -€8,043 | -6.1% |
| Financial debts | 170/4 | €132,856 | €124,813 | -€8,043 | -6.1% |
| Amounts payable within one year | 42/48 | €182,260 | €155,905 | -€26,355 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €7,900 | €8,043 | +€143 | +1.8% |
| Trade debts | 44 | €23,150 | €6,020 | -€17,129 | -74.0% |
| Suppliers | 440/4 | €23,150 | €6,020 | -€17,129 | -74.0% |
| Taxes, remuneration and social security | 45 | €13,394 | €8,226 | -€5,168 | -38.6% |
| Taxes | 450/3 | €13,394 | €8,226 | -€5,168 | -38.6% |
| Other amounts payable | 47/48 | €137,816 | €133,616 | -€4,200 | -3.0% |
| Accrued charges and deferred income | 492/3 | €12 | €975 | +€963 | +7796.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,162 | €8,991 | -€1,171 | -11.5% |
| Other operating charges | 640/8 | €1,191 | €1,226 | +€34 | +2.9% |
| Gross operating margin | 9900 | €118,944 | €51,338 | -€67,606 | -56.8% |
| Operating profit (loss) | 9901 | €107,590 | €41,121 | -€66,469 | -61.8% |
| Financial income | 75/76B | €525 | - | -€525 | |
| Recurring financial income | 75 | €525 | - | -€525 | |
| Financial charges | 65/66B | €5,644 | €5,146 | -€499 | -8.8% |
| Recurring financial charges | 65 | €5,644 | €5,146 | -€499 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €102,471 | €35,976 | -€66,495 | -64.9% |
| Income taxes | 67/77 | €22,061 | €8,006 | -€14,055 | -63.7% |
| Profit (loss) for the period | 9904 | €80,409 | €27,969 | -€52,440 | -65.2% |
| Profit (loss) for the period to be appropriated | 9905 | €80,409 | €27,969 | -€52,440 | -65.2% |
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 12 October 2026 via checked.be.