LOGTHING: 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.
LOGTHING
Largest movements
- Cash -€11,197
no longer reported in 2025 (was €11,197)
mainly Trade debts (-€10,533) and Net result for the year (-€4,241)
- Receivables within one year -€5,552
down €5,552 (-50.0%), from €11,114 to €5,563
of which Trade receivables: -€6,669
- Current investments +€1,974
new in 2025: €1,974
- Trade debts -€10,533
down €10,533 (-71.5%), from €14,726 to €4,192
- Profit (loss) carried forward -€4,241
down €4,241 (-21.3%), from -€19,915 to -€24,156
- Depreciation -€8,264
no longer reported in 2025 (was €8,264)
- Other operating charges -€3,168
no longer reported in 2025 (was €3,168)
- Gross operating margin +€2,560
up €2,560 (+37.6%), from -€6,800 to -€4,241
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 | €22,311 | €7,536 | -€14,774 | -66.2% |
| Current assets | 29/58 | €22,311 | €7,536 | -€14,774 | -66.2% |
| Amounts receivable within one year | 40/41 | €11,114 | €5,563 | -€5,552 | -50.0% |
| Trade receivables | 40 | €9,003 | €2,334 | -€6,669 | -74.1% |
| Other amounts receivable | 41 | €2,112 | €3,229 | +€1,117 | +52.9% |
| Current investments | 50/53 | - | €1,974 | +€1,974 | |
| Cash at bank and in hand | 54/58 | €11,197 | - | -€11,197 | |
| Total equity and liabilities | 10/49 | €22,311 | €7,536 | -€14,774 | -66.2% |
| Equity | 10/15 | €7,585 | €3,344 | -€4,241 | -55.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | €25,000 | = | 0.0% |
| Issued capital | 100 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Legal reserve | 130 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,915 | -€24,156 | -€4,241 | -21.3% |
| Amounts payable | 17/49 | €14,726 | €4,192 | -€10,533 | -71.5% |
| Amounts payable within one year | 42/48 | €14,726 | €4,192 | -€10,533 | -71.5% |
| Trade debts | 44 | €14,726 | €4,192 | -€10,533 | -71.5% |
| Suppliers | 440/4 | €14,726 | €4,192 | -€10,533 | -71.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,264 | - | -€8,264 | |
| Other operating charges | 640/8 | €3,168 | - | -€3,168 | |
| Gross operating margin | 9900 | -€6,800 | -€4,241 | +€2,560 | +37.6% |
| Operating profit (loss) | 9901 | -€18,232 | -€4,241 | +€13,992 | +76.7% |
| Profit (loss) for the period before taxes | 9903 | -€18,232 | -€4,241 | +€13,992 | +76.7% |
| Profit (loss) for the period | 9904 | -€18,232 | -€4,241 | +€13,992 | +76.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,232 | -€4,241 | +€13,992 | +76.7% |
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 25 October 2026 via checked.be.