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.
What changed
E-LOGISTECH
NACE 62.100, Computer programming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€134,742
2024 · €319,376-€184,634
Equity
€3.5m
2024 · €3.3m+€131,259
Cash
€6,287
2024 · €3,194+€3,093
Balance sheet total
€3.7m
2024 · €3.7m+€46,637
Largest movements
Assets
- Receivables after one year +€317,942
up €317,942 (+19.9%), from €1.6m to €1.9m
- Receivables within one year -€206,377
down €206,377 (-49.2%), from €419,694 to €213,317
of which Trade receivables: -€291,121
- Tangible fixed assets -€69,204
down €69,204 (-12.2%), from €565,001 to €495,796
of which Plant, machinery and equipment: -€42,376
Equity and liabilities
- Reserves +€134,742
up €134,742 (+4.6%), from €2.9m to €3.0m
of which Distributable reserves: +€134,742
- Debts after one year -€40,689
down €40,689 (-100.0%), from €40,689 to €0
Income statement
- Services and other goods +€139,602
up €139,602 (+45.2%), from €308,747 to €448,348
- Staff costs +€90,169
up €90,169 (+10.6%), from €850,286 to €940,455
- Taxes -€60,713
down €60,713 (-77.2%), from €78,639 to €17,926
of which Taxes: -€60,713
- Turnover -€39,630
down €39,630 (-2.6%), from €1.5m to €1.5m
- Goods and materials -€21,620
down €21,620 (-74.1%), from €29,158 to €7,538
of which Purchases: -€11,112
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.
Result 2024
€319,376
Turnover
-€39,630
Other operating income
-€2,107
Goods and materials
+€21,620
Services and other goods
-€139,602
Staff costs
-€90,169
Depreciation
+€7,315
Other operating charges
+€1,024
Financial income
-€4,550
Financial charges
+€752
Taxes
+€60,713
Result 2025
€134,742
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.
From operations
+€73,617
Investment
-€11,052
Financing
-€59,472
Cash 2024
€3,194
From operations (derived)
+€73,617
Net result for the year
+€134,742
Depreciation
+€80,257
Receivables after one year
-€317,942
Stocks and contracts
-€1,182
Receivables within one year
+€206,377
Smaller working-capital items
-€346
Trade debts
-€33,829
Tax, wage and social debts
+€5,540
Investment (derived)
-€11,052
Investment in fixed assets (net)
-€11,052
Financing
-€59,472
Debts after one year
-€40,689
Current portion of long-term debt
-€15,301
Contributions, distributions and other
-€3,482
Cash 2025
€6,287
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,672,604 | €3,719,240 | +€46,637 | +1.3% |
| Fixed assets | 21/28 | €1,390,001 | €1,320,796 | -€69,204 | -5.0% |
| Tangible fixed assets | 22/27 | €565,001 | €495,796 | -€69,204 | -12.2% |
| Land and buildings | 22 | €238,684 | €216,470 | -€22,215 | -9.3% |
| Plant, machinery and equipment | 23 | €312,379 | €270,003 | -€42,376 | -13.6% |
| Furniture and vehicles | 24 | €13,937 | €9,323 | -€4,614 | -33.1% |
| Financial fixed assets | 28 | €825,000 | €825,000 | = | 0.0% |
| Affiliated companies | 280/1 | €825,000 | €825,000 | = | 0.0% |
| Participating interests | 280 | €825,000 | €825,000 | = | 0.0% |
| Current assets | 29/58 | €2,282,603 | €2,398,444 | +€115,841 | +5.1% |
| Amounts receivable after more than one year | 29 | €1,600,338 | €1,918,280 | +€317,942 | +19.9% |
| Other amounts receivable | 291 | €1,600,338 | €1,918,280 | +€317,942 | +19.9% |
| Stocks and contracts in progress | 3 | €8,749 | €9,931 | +€1,182 | +13.5% |
| Stocks | 30/36 | €8,749 | €9,931 | +€1,182 | +13.5% |
| Raw materials and consumables | 30/31 | €8,749 | €9,931 | +€1,182 | +13.5% |
| Amounts receivable within one year | 40/41 | €419,694 | €213,317 | -€206,377 | -49.2% |
| Trade receivables | 40 | €374,983 | €83,862 | -€291,121 | -77.6% |
| Other amounts receivable | 41 | €44,711 | €129,455 | +€84,744 | +189.5% |
| Current investments | 50/53 | €250,000 | €250,000 | = | 0.0% |
| Other investments | 51/53 | €250,000 | €250,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,194 | €6,287 | +€3,093 | +96.8% |
| Deferred charges and accrued income | 490/1 | €627 | €629 | +€2 | +0.4% |
| Total equity and liabilities | 10/49 | €3,672,604 | €3,719,240 | +€46,637 | +1.3% |
| Equity | 10/15 | €3,329,337 | €3,460,597 | +€131,259 | +3.9% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Capital | 10 | €375,000 | €375,000 | = | 0.0% |
| Issued capital | 100 | €375,000 | €375,000 | = | 0.0% |
| Reserves | 13 | €2,906,238 | €3,040,979 | +€134,742 | +4.6% |
| Non-distributable reserves | 130/1 | €37,500 | €37,500 | = | 0.0% |
| Legal reserve | 130 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €2,868,738 | €3,003,479 | +€134,742 | +4.7% |
| Investment grants | 15 | €48,100 | €44,617 | -€3,482 | -7.2% |
| Amounts payable | 17/49 | €343,266 | €258,644 | -€84,623 | -24.7% |
| Amounts payable after more than one year | 17 | €40,689 | €0 | -€40,689 | -100.0% |
| Other amounts payable | 178/9 | €40,689 | €0 | -€40,689 | -100.0% |
| Amounts payable within one year | 42/48 | €302,577 | €258,644 | -€43,934 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €70,472 | €55,171 | -€15,301 | -21.7% |
| Trade debts | 44 | €47,221 | €13,393 | -€33,829 | -71.6% |
| Suppliers | 440/4 | €47,221 | €13,393 | -€33,829 | -71.6% |
| Taxes, remuneration and social security | 45 | €184,540 | €190,080 | +€5,540 | +3.0% |
| Taxes | 450/3 | €82,334 | €76,995 | -€5,340 | -6.5% |
| Remuneration and social security | 454/9 | €102,206 | €113,085 | +€10,879 | +10.6% |
| Other amounts payable | 47/48 | €343 | €0 | -€343 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €1,548,962 | €1,507,225 | -€41,737 | -2.7% |
| Turnover | 70 | €1,536,047 | €1,496,418 | -€39,630 | -2.6% |
| Other operating income | 74 | €12,915 | €10,807 | -€2,107 | -16.3% |
| Operating charges | 60/66A | €1,299,784 | €1,499,596 | +€199,813 | +15.4% |
| Goods for resale, raw materials and consumables | 60 | €29,158 | €7,538 | -€21,620 | -74.1% |
| Purchases | 600/8 | €19,832 | €8,720 | -€11,112 | -56.0% |
| Change in stocks: decrease (increase) | 609 | €9,326 | -€1,182 | -€10,508 | |
| Services and other goods | 61 | €308,747 | €448,348 | +€139,602 | +45.2% |
| Remuneration, social security and pensions | 62 | €850,286 | €940,455 | +€90,169 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,571 | €80,257 | -€7,315 | -8.4% |
| Other operating charges | 640/8 | €24,021 | €22,998 | -€1,024 | -4.3% |
| Operating profit (loss) | 9901 | €249,178 | €7,628 | -€241,550 | -96.9% |
| Financial income | 75/76B | €152,566 | €148,017 | -€4,550 | -3.0% |
| Recurring financial income | 75 | €152,566 | €148,017 | -€4,550 | -3.0% |
| Income from financial fixed assets | 750 | €128,851 | €135,634 | +€6,783 | +5.3% |
| Other financial income | 752/9 | €23,715 | €12,382 | -€11,333 | -47.8% |
| Financial charges | 65/66B | €3,730 | €2,977 | -€752 | -20.2% |
| Recurring financial charges | 65 | €3,730 | €2,977 | -€752 | -20.2% |
| Debt charges | 650 | €3,595 | €2,839 | -€757 | -21.0% |
| Other financial charges | 652/9 | €134 | €138 | +€4 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €398,015 | €152,668 | -€245,347 | -61.6% |
| Income taxes | 67/77 | €78,639 | €17,926 | -€60,713 | -77.2% |
| Taxes | 670/3 | €78,639 | €17,926 | -€60,713 | -77.2% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €319,376 | €134,742 | -€184,634 | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €319,376 | €134,742 | -€184,634 | -57.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.