LOGSTAT BELGIUM: 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.
LOGSTAT BELGIUM
Largest movements
- Cash +€389,508
up €389,508 (+93.3%), from €417,304 to €806,812
mainly Net result for the year (+€329,093) and Trade debts (+€139,182)
- Receivables within one year +€29,237
up €29,237 (+56.5%), from €51,755 to €80,992
of which Trade receivables: +€21,153
- Tangible fixed assets +€25,996
up €25,996 (+8.2%), from €317,145 to €343,141
of which Furniture and vehicles: +€49,460
- Stocks and contracts +€16,100
up €16,100 (+92.8%), from €17,350 to €33,450
- Profit (loss) carried forward +€209,093
up €209,093 (+37.3%), from €560,839 to €769,932
- Trade debts +€139,182
up €139,182 (+556%), from €25,013 to €164,195
- Tax, wage and social debts +€85,881
up €85,881 (+354%), from €24,235 to €110,116
of which Taxes: +€82,358
- Other debts +€14,402
up €14,402 (+19.4%), from €74,162 to €88,564
- Gross operating margin +€444,613
up €444,613 (+139%), from €319,297 to €763,910
- Taxes +€93,076
up €93,076 (+362%), from €25,681 to €118,757
- Staff costs +€27,844
up €27,844 (+14.4%), from €192,728 to €220,572
- Financial charges +€10,834
up €10,834 (+279%), from €3,888 to €14,722
- Other operating charges +€7,981
up €7,981 (+107%), from €7,468 to €15,449
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 | €806,980 | €1,266,466 | +€459,486 | +56.9% |
| Fixed assets | 21/28 | €318,145 | €343,141 | +€24,996 | +7.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €317,145 | €343,141 | +€25,996 | +8.2% |
| Land and buildings | 22 | €294,314 | €270,850 | -€23,464 | -8.0% |
| Furniture and vehicles | 24 | €22,831 | €72,291 | +€49,460 | +217% |
| Financial fixed assets | 28 | €1,000 | €0 | -€1,000 | -100% |
| Current assets | 29/58 | €488,835 | €923,325 | +€434,490 | +88.9% |
| Stocks and contracts in progress | 3 | €17,350 | €33,450 | +€16,100 | +92.8% |
| Stocks | 30/36 | €17,350 | €33,450 | +€16,100 | +92.8% |
| Amounts receivable within one year | 40/41 | €51,755 | €80,992 | +€29,237 | +56.5% |
| Trade receivables | 40 | €43,495 | €64,648 | +€21,153 | +48.6% |
| Other amounts receivable | 41 | €8,260 | €16,344 | +€8,084 | +97.9% |
| Cash at bank and in hand | 54/58 | €417,304 | €806,812 | +€389,508 | +93.3% |
| Deferred charges and accrued income | 490/1 | €2,426 | €2,071 | -€355 | -14.6% |
| Total equity and liabilities | 10/49 | €806,980 | €1,266,466 | +€459,486 | +56.9% |
| Equity | 10/15 | €674,295 | €883,388 | +€209,093 | +31.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €51,956 | €51,956 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €44,456 | €44,456 | = | 0.0% |
| Profit (loss) carried forward | 14 | €560,839 | €769,932 | +€209,093 | +37.3% |
| Amounts payable | 17/49 | €132,685 | €383,078 | +€250,393 | +189% |
| Amounts payable within one year | 42/48 | €123,410 | €362,875 | +€239,465 | +194% |
| Trade debts | 44 | €25,013 | €164,195 | +€139,182 | +556% |
| Suppliers | 440/4 | €25,013 | €164,195 | +€139,182 | +556% |
| Taxes, remuneration and social security | 45 | €24,235 | €110,116 | +€85,881 | +354% |
| Taxes | 450/3 | €682 | €83,040 | +€82,358 | +12,076% |
| Remuneration and social security | 454/9 | €23,553 | €27,076 | +€3,523 | +15.0% |
| Other amounts payable | 47/48 | €74,162 | €88,564 | +€14,402 | +19.4% |
| Accrued charges and deferred income | 492/3 | €9,275 | €20,203 | +€10,928 | +118% |
| Remuneration, social security and pensions | 62 | €192,728 | €220,572 | +€27,844 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,216 | €65,317 | +€6,101 | +10.3% |
| Other operating charges | 640/8 | €7,468 | €15,449 | +€7,981 | +107% |
| Gross operating margin | 9900 | €319,297 | €763,910 | +€444,613 | +139% |
| Operating profit (loss) | 9901 | €59,885 | €462,572 | +€402,687 | +672% |
| Financial income | 75/76B | €711 | - | -€711 | |
| Recurring financial income | 75 | €711 | - | -€711 | |
| Financial charges | 65/66B | €3,888 | €14,722 | +€10,834 | +279% |
| Recurring financial charges | 65 | €3,888 | €14,722 | +€10,834 | +279% |
| Profit (loss) for the period before taxes | 9903 | €56,708 | €447,850 | +€391,142 | +690% |
| Income taxes | 67/77 | €25,681 | €118,757 | +€93,076 | +362% |
| Profit (loss) for the period | 9904 | €31,027 | €329,093 | +€298,066 | +961% |
| Profit (loss) for the period to be appropriated | 9905 | €31,027 | €329,093 | +€298,066 | +961% |
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 17 October 2026 via checked.be.