LOGICOM: 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.
LOGICOM
Largest movements
- Tangible fixed assets +€10,427
up €10,427 (+8.2%), from €126,611 to €137,038
of which Plant, machinery and equipment: +€9,103
- Cash -€9,478
down €9,478 (-11.3%), from €84,062 to €74,585
mainly Investment in fixed assets (net) (-€28,689) and Trade debts (-€7,670)
- Other debts +€11,464
up €11,464 (+19.2%), from €59,779 to €71,243
- Trade debts -€7,670
down €7,670 (-57.6%), from €13,327 to €5,656
- Profit (loss) carried forward -€4,228
down €4,228 (-17.5%), from -€24,109 to -€28,337
- Turnover +€33,401
up €33,401 (+42.6%), from €78,447 to €111,848
- Gross operating margin +€16,324
up €16,324 (+176%), from €9,290 to €25,613
- Purchases and services +€16,291
up €16,291 (+14.6%), from €111,751 to €128,042
- Taxes -€4,105
down €4,105 (-99.3%), from €4,134 to €29
- Depreciation +€1,943
up €1,943 (+11.9%), from €16,318 to €18,261
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 | €248,754 | €248,298 | -€456 | -0.2% |
| Fixed assets | 21/28 | €127,057 | €137,485 | +€10,427 | +8.2% |
| Tangible fixed assets | 22/27 | €126,611 | €137,038 | +€10,427 | +8.2% |
| Land and buildings | 22 | €112,486 | €115,056 | +€2,569 | +2.3% |
| Plant, machinery and equipment | 23 | €8,684 | €17,788 | +€9,103 | +105% |
| Furniture and vehicles | 24 | €5,441 | €4,195 | -€1,245 | -22.9% |
| Financial fixed assets | 28 | €446 | €446 | = | 0.0% |
| Current assets | 29/58 | €121,697 | €110,814 | -€10,883 | -8.9% |
| Stocks and contracts in progress | 3 | €27,304 | €28,134 | +€830 | +3.0% |
| Stocks | 30/36 | €27,304 | €28,134 | +€830 | +3.0% |
| Amounts receivable within one year | 40/41 | €9,996 | €8,006 | -€1,990 | -19.9% |
| Trade receivables | 40 | €9,996 | €8,006 | -€1,990 | -19.9% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €84,062 | €74,585 | -€9,478 | -11.3% |
| Deferred charges and accrued income | 490/1 | €334 | €89 | -€246 | -73.5% |
| Total equity and liabilities | 10/49 | €248,754 | €248,298 | -€456 | -0.2% |
| Equity | 10/15 | €62,708 | €58,479 | -€4,228 | -6.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €24,816 | €24,816 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €18,616 | €18,616 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,109 | -€28,337 | -€4,228 | -17.5% |
| Amounts payable | 17/49 | €186,047 | €189,819 | +€3,773 | +2.0% |
| Amounts payable after more than one year | 17 | €105,000 | €105,000 | = | 0.0% |
| Other amounts payable | 178/9 | €105,000 | €105,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €81,047 | €84,819 | +€3,773 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €6,108 | €7,920 | +€1,812 | +29.7% |
| Trade debts | 44 | €13,327 | €5,656 | -€7,670 | -57.6% |
| Suppliers | 440/4 | €13,327 | €5,656 | -€7,670 | -57.6% |
| Taxes, remuneration and social security | 45 | €1,832 | €0 | -€1,832 | -100% |
| Taxes | 450/3 | €1,832 | €0 | -€1,832 | -100% |
| Other amounts payable | 47/48 | €59,779 | €71,243 | +€11,464 | +19.2% |
| Turnover | 70 | €78,447 | €111,848 | +€33,401 | +42.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €111,751 | €128,042 | +€16,291 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,318 | €18,261 | +€1,943 | +11.9% |
| Other operating charges | 640/8 | €3,507 | €3,950 | +€443 | +12.6% |
| Gross operating margin | 9900 | €9,290 | €25,613 | +€16,324 | +176% |
| Operating profit (loss) | 9901 | -€10,536 | €3,402 | +€13,938 | |
| Financial income | 75/76B | €420 | €466 | +€46 | +10.9% |
| Recurring financial income | 75 | €420 | €466 | +€46 | +10.9% |
| Financial charges | 65/66B | €8,121 | €8,067 | -€54 | -0.7% |
| Recurring financial charges | 65 | €8,121 | €8,067 | -€54 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | -€18,237 | -€4,199 | +€14,037 | +77.0% |
| Income taxes | 67/77 | €4,134 | €29 | -€4,105 | -99.3% |
| Profit (loss) for the period | 9904 | -€22,371 | -€4,228 | +€18,143 | +81.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,371 | -€4,228 | +€18,143 | +81.1% |
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.