LogTrade: 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.
LogTrade
Largest movements
- Cash -€19,137
down €19,137 (-45.4%), from €42,167 to €23,030
mainly Trade debts (-€15,002) and Accrued charges and deferred income (-€7,000)
- Receivables within one year -€5,838
down €5,838 (-5.1%), from €114,292 to €108,454
of which Trade receivables: -€14,307
- Trade debts -€15,002
no longer reported in 2025 (was €15,002)
- Accrued charges and deferred income -€7,000
no longer reported in 2025 (was €7,000)
- Short-term financial debts -€5,676
down €5,676 (-77.1%), from €7,360 to €1,684
of which Other loans: -€5,676
- Reserves +€5,194
up €5,194 (+4.5%), from €114,226 to €119,420
- Tax, wage and social debts -€2,492
down €2,492 (-37.3%), from €6,672 to €4,180
- Turnover -€184,758
down €184,758 (-46.3%), from €399,198 to €214,439
- Purchases and services -€168,522
down €168,522 (-44.9%), from €375,311 to €206,788
- Gross operating margin -€16,236
down €16,236 (-68.0%), from €23,887 to €7,651
- Taxes -€4,274
down €4,274 (-64.8%), from €6,600 to €2,326
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 | €156,459 | €131,485 | -€24,975 | -16.0% |
| Current assets | 29/58 | €156,459 | €131,485 | -€24,975 | -16.0% |
| Amounts receivable within one year | 40/41 | €114,292 | €108,454 | -€5,838 | -5.1% |
| Trade receivables | 40 | €93,782 | €79,475 | -€14,307 | -15.3% |
| Other amounts receivable | 41 | €20,510 | €28,979 | +€8,470 | +41.3% |
| Cash at bank and in hand | 54/58 | €42,167 | €23,030 | -€19,137 | -45.4% |
| Total equity and liabilities | 10/49 | €156,459 | €131,485 | -€24,975 | -16.0% |
| Equity | 10/15 | €120,426 | €125,620 | +€5,194 | +4.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €114,226 | €119,420 | +€5,194 | +4.5% |
| Distributable reserves | 133 | €114,226 | €119,420 | +€5,194 | +4.5% |
| Amounts payable | 17/49 | €36,034 | €5,864 | -€30,169 | -83.7% |
| Amounts payable within one year | 42/48 | €29,034 | €5,864 | -€23,169 | -79.8% |
| Financial debts | 43 | €7,360 | €1,684 | -€5,676 | -77.1% |
| Credit institutions | 430/8 | €1,684 | €1,684 | = | 0.0% |
| Other loans | 439 | €5,676 | - | -€5,676 | |
| Trade debts | 44 | €15,002 | - | -€15,002 | |
| Suppliers | 440/4 | €15,002 | - | -€15,002 | |
| Taxes, remuneration and social security | 45 | €6,672 | €4,180 | -€2,492 | -37.3% |
| Taxes | 450/3 | €6,672 | €4,180 | -€2,492 | -37.3% |
| Accrued charges and deferred income | 492/3 | €7,000 | - | -€7,000 | |
| Turnover | 70 | €399,198 | €214,439 | -€184,758 | -46.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €375,311 | €206,788 | -€168,522 | -44.9% |
| Other operating charges | 640/8 | €281 | €158 | -€123 | -43.9% |
| Gross operating margin | 9900 | €23,887 | €7,651 | -€16,236 | -68.0% |
| Operating profit (loss) | 9901 | €23,606 | €7,493 | -€16,113 | -68.3% |
| Financial income | 75/76B | €1,239 | €1,135 | -€104 | -8.4% |
| Recurring financial income | 75 | €1,239 | €1,135 | -€104 | -8.4% |
| Financial charges | 65/66B | €270 | €1,073 | +€803 | +298% |
| Recurring financial charges | 65 | €270 | €1,073 | +€803 | +298% |
| Profit (loss) for the period before taxes | 9903 | €24,575 | €7,555 | -€17,020 | -69.3% |
| Income taxes | 67/77 | €6,600 | €2,326 | -€4,274 | -64.8% |
| Profit (loss) for the period | 9904 | €17,975 | €5,229 | -€12,746 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,975 | €5,229 | -€12,746 | -70.9% |
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 26 October 2026 via checked.be.