LW Logix: 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.
LW Logix
Largest movements
- Cash +€98,347
up €98,347 (+95.1%), from €103,431 to €201,778
mainly Net result for the year (+€94,137) and Tax, wage and social debts (+€17,714)
- Receivables within one year +€16,605
up €16,605 (+199.8%), from €8,309 to €24,914
of which Trade receivables: +€16,596
- Tangible fixed assets -€13,740
down €13,740 (-33.2%), from €41,362 to €27,622
- Reserves +€94,137
up €94,137 (+98.0%), from €96,100 to €190,238
- Tax, wage and social debts +€17,714
up €17,714 (+80.4%), from €22,027 to €39,742
- Debts after one year -€16,681
down €16,681 (-92.1%), from €18,110 to €1,429
- Other debts +€4,266
up €4,266 (+12489.0%), from €34 to €4,300
- Gross operating margin +€59,460
up €59,460 (+76.4%), from €77,828 to €137,288
- Taxes +€14,202
up €14,202 (+109.3%), from €12,990 to €27,192
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155,019 | €256,656 | +€101,636 | +65.6% |
| Fixed assets | 21/28 | €41,587 | €27,847 | -€13,740 | -33.0% |
| Tangible fixed assets | 22/27 | €41,362 | €27,622 | -€13,740 | -33.2% |
| Furniture and vehicles | 24 | €41,362 | €27,622 | -€13,740 | -33.2% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €113,433 | €228,809 | +€115,376 | +101.7% |
| Amounts receivable within one year | 40/41 | €8,309 | €24,914 | +€16,605 | +199.8% |
| Trade receivables | 40 | €8,309 | €24,905 | +€16,596 | +199.7% |
| Other amounts receivable | 41 | €0 | €8 | +€8 | |
| Cash at bank and in hand | 54/58 | €103,431 | €201,778 | +€98,347 | +95.1% |
| Deferred charges and accrued income | 490/1 | €1,692 | €2,116 | +€424 | +25.1% |
| Total equity and liabilities | 10/49 | €155,019 | €256,656 | +€101,636 | +65.6% |
| Equity | 10/15 | €98,600 | €192,738 | +€94,137 | +95.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €96,100 | €190,238 | +€94,137 | +98.0% |
| Distributable reserves | 133 | €96,100 | €190,238 | +€94,137 | +98.0% |
| Amounts payable | 17/49 | €56,419 | €63,918 | +€7,499 | +13.3% |
| Amounts payable after more than one year | 17 | €18,110 | €1,429 | -€16,681 | -92.1% |
| Financial debts | 170/4 | €18,110 | €1,429 | -€16,681 | -92.1% |
| Amounts payable within one year | 42/48 | €38,309 | €62,489 | +€24,180 | +63.1% |
| Current portion of amounts payable after more than one year | 42 | €15,853 | €16,681 | +€828 | +5.2% |
| Trade debts | 44 | €394 | €1,765 | +€1,371 | +347.9% |
| Suppliers | 440/4 | €394 | €1,765 | +€1,371 | +347.9% |
| Taxes, remuneration and social security | 45 | €22,027 | €39,742 | +€17,714 | +80.4% |
| Taxes | 450/3 | €22,027 | €39,742 | +€17,714 | +80.4% |
| Other amounts payable | 47/48 | €34 | €4,300 | +€4,266 | +12489.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,725 | €13,740 | +€15 | +0.1% |
| Other operating charges | 640/8 | €331 | €482 | +€151 | +45.5% |
| Gross operating margin | 9900 | €77,828 | €137,288 | +€59,460 | +76.4% |
| Operating profit (loss) | 9901 | €63,772 | €123,066 | +€59,294 | +93.0% |
| Financial income | 75/76B | €0 | €15 | +€15 | +151300.0% |
| Recurring financial income | 75 | €0 | €15 | +€15 | +151300.0% |
| Financial charges | 65/66B | €2,431 | €1,752 | -€679 | -27.9% |
| Recurring financial charges | 65 | €2,431 | €1,752 | -€679 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €61,341 | €121,330 | +€59,988 | +97.8% |
| Income taxes | 67/77 | €12,990 | €27,192 | +€14,202 | +109.3% |
| Profit (loss) for the period | 9904 | €48,351 | €94,137 | +€45,786 | +94.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,351 | €94,137 | +€45,786 | +94.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.