JAN LEGOWSKI: 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.
JAN LEGOWSKI
Largest movements
- Receivables within one year +€20,287
up €20,287 (+120%), from €16,890 to €37,177
of which Trade receivables: +€20,209
- Cash +€12,823
up €12,823 (+15.9%), from €80,829 to €93,652
mainly Other debts (+€90,518) and Net result for the year (+€40,999)
- Other debts +€90,518
up €90,518, from €0 to €90,518
- Reserves -€65,493
down €65,493 (-100%), from €65,493 to €0
- Tax, wage and social debts +€16,754
up €16,754 (+255%), from €6,581 to €23,336
of which Taxes: +€16,754
- Debts after one year -€6,025
down €6,025 (-27.1%), from €22,244 to €16,219
of which Other amounts payable: -€6,025
- Depreciation -€4,923
down €4,923 (-55.1%), from €8,934 to €4,011
- Other operating charges -€3,200
down €3,200 (-61.5%), from €5,200 to €2,000
- Gross operating margin +€2,627
up €2,627 (+4.6%), from €56,599 to €59,226
- Taxes +€1,071
up €1,071 (+9.9%), from €10,850 to €11,921
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 | €104,134 | €138,339 | +€34,205 | +32.8% |
| Fixed assets | 21/28 | €6,415 | €6,510 | +€95 | +1.5% |
| Tangible fixed assets | 22/27 | €6,115 | €6,210 | +€95 | +1.5% |
| Plant, machinery and equipment | 23 | €5,153 | €5,321 | +€169 | +3.3% |
| Furniture and vehicles | 24 | - | €888 | +€888 | |
| Leasing and similar rights | 25 | €962 | €0 | -€962 | -100% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €97,719 | €131,829 | +€34,110 | +34.9% |
| Amounts receivable within one year | 40/41 | €16,890 | €37,177 | +€20,287 | +120% |
| Trade receivables | 40 | €16,890 | €37,099 | +€20,209 | +120% |
| Other amounts receivable | 41 | €0 | €79 | +€79 | |
| Cash at bank and in hand | 54/58 | €80,829 | €93,652 | +€12,823 | +15.9% |
| Deferred charges and accrued income | 490/1 | - | €1,000 | +€1,000 | |
| Total equity and liabilities | 10/49 | €104,134 | €138,339 | +€34,205 | +32.8% |
| Equity | 10/15 | €71,693 | €6,200 | -€65,493 | -91.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €65,493 | €0 | -€65,493 | -100% |
| Distributable reserves | 133 | €65,493 | €0 | -€65,493 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €32,441 | €132,139 | +€99,697 | +307% |
| Amounts payable after more than one year | 17 | €22,244 | €16,219 | -€6,025 | -27.1% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €22,244 | €16,219 | -€6,025 | -27.1% |
| Amounts payable within one year | 42/48 | €10,197 | €115,919 | +€105,722 | +1,037% |
| Current portion of amounts payable after more than one year | 42 | €823 | €0 | -€823 | -100% |
| Trade debts | 44 | €2,792 | €2,066 | -€727 | -26.0% |
| Suppliers | 440/4 | €2,792 | €2,066 | -€727 | -26.0% |
| Taxes, remuneration and social security | 45 | €6,581 | €23,336 | +€16,754 | +255% |
| Taxes | 450/3 | €4,371 | €21,126 | +€16,754 | +383% |
| Remuneration and social security | 454/9 | €2,210 | €2,210 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | €90,518 | +€90,518 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,934 | €4,011 | -€4,923 | -55.1% |
| Other operating charges | 640/8 | €5,200 | €2,000 | -€3,200 | -61.5% |
| Gross operating margin | 9900 | €56,599 | €59,226 | +€2,627 | +4.6% |
| Operating profit (loss) | 9901 | €42,465 | €53,215 | +€10,750 | +25.3% |
| Financial income | 75/76B | €481 | €0 | -€481 | -100.0% |
| Recurring financial income | 75 | €481 | €0 | -€481 | -100.0% |
| Financial charges | 65/66B | €459 | €295 | -€164 | -35.7% |
| Recurring financial charges | 65 | €459 | €295 | -€164 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €42,487 | €52,920 | +€10,434 | +24.6% |
| Income taxes | 67/77 | €10,850 | €11,921 | +€1,071 | +9.9% |
| Profit (loss) for the period | 9904 | €31,637 | €40,999 | +€9,362 | +29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,637 | €40,999 | +€9,362 | +29.6% |
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 31 October 2026 via checked.be.