LAW OFFICE: 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.
LAW OFFICE
Largest movements
- Cash +€120,831
up €120,831 (+399%), from €30,304 to €151,135
mainly Net result for the year (+€116,241) and Depreciation (+€106,982)
- Tangible fixed assets -€106,982
down €106,982 (-8.3%), from €1.3m to €1.2m
of which Land and buildings: -€105,911
- Receivables within one year +€34,215
up €34,215 (+610%), from €5,612 to €39,827
of which Other amounts receivable: +€22,661
- Reserves +€116,241
up €116,241 (+10.1%), from €1.1m to €1.3m
of which Distributable reserves: +€116,241
- Current portion of long-term debt -€88,701
down €88,701 (-89.0%), from €99,620 to €10,919
- Trade debts +€72,686
up €72,686 (+5,382%), from €1,350 to €74,036
- Debts after one year -€49,579
down €49,579 (-100%), from €49,579 to €0
- Gross operating margin -€28,727
down €28,727 (-8.8%), from €326,168 to €297,441
- Other operating charges -€17,143
down €17,143 (-34.7%), from €49,432 to €32,289
- Financial income +€10,269
new in 2025: €10,269
- Financial charges -€7,047
down €7,047 (-60.4%), from €11,665 to €4,618
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 | €1,486,106 | €1,534,170 | +€48,064 | +3.2% |
| Fixed assets | 21/28 | €1,291,731 | €1,184,748 | -€106,982 | -8.3% |
| Tangible fixed assets | 22/27 | €1,291,731 | €1,184,748 | -€106,982 | -8.3% |
| Land and buildings | 22 | €1,287,524 | €1,181,613 | -€105,911 | -8.2% |
| Plant, machinery and equipment | 23 | €4,206 | €3,135 | -€1,071 | -25.5% |
| Current assets | 29/58 | €194,376 | €349,422 | +€155,046 | +79.8% |
| Amounts receivable within one year | 40/41 | €5,612 | €39,827 | +€34,215 | +610% |
| Trade receivables | 40 | €5,612 | €17,167 | +€11,554 | +206% |
| Other amounts receivable | 41 | - | €22,661 | +€22,661 | |
| Current investments | 50/53 | €146,305 | €146,305 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €30,304 | €151,135 | +€120,831 | +399% |
| Deferred charges and accrued income | 490/1 | €12,154 | €12,154 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,486,106 | €1,534,170 | +€48,064 | +3.2% |
| Equity | 10/15 | €1,301,160 | €1,417,401 | +€116,241 | +8.9% |
| Contributions | 10/11 | €151,950 | €151,950 | = | 0.0% |
| Capital | 10 | €151,950 | €151,950 | = | 0.0% |
| Issued capital | 100 | €151,950 | €151,950 | = | 0.0% |
| Reserves | 13 | €1,149,210 | €1,265,451 | +€116,241 | +10.1% |
| Non-distributable reserves | 130/1 | €161,500 | €161,500 | = | 0.0% |
| Legal reserve | 130 | €15,195 | €15,195 | = | 0.0% |
| Own shares acquired | 1312 | €146,305 | €146,305 | = | 0.0% |
| Distributable reserves | 133 | €987,710 | €1,103,951 | +€116,241 | +11.8% |
| Amounts payable | 17/49 | €184,947 | €116,769 | -€68,178 | -36.9% |
| Amounts payable after more than one year | 17 | €49,579 | €0 | -€49,579 | -100% |
| Financial debts | 170/4 | €49,579 | €0 | -€49,579 | -100% |
| Amounts payable within one year | 42/48 | €127,781 | €110,979 | -€16,802 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €99,620 | €10,919 | -€88,701 | -89.0% |
| Trade debts | 44 | €1,350 | €74,036 | +€72,686 | +5,382% |
| Suppliers | 440/4 | €1,350 | €74,036 | +€72,686 | +5,382% |
| Taxes, remuneration and social security | 45 | €13,272 | €19,664 | +€6,392 | +48.2% |
| Taxes | 450/3 | €13,272 | €19,664 | +€6,392 | +48.2% |
| Other amounts payable | 47/48 | €13,539 | €6,361 | -€7,178 | -53.0% |
| Accrued charges and deferred income | 492/3 | €7,587 | €5,790 | -€1,797 | -23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,864 | €106,982 | -€881 | -0.8% |
| Other operating charges | 640/8 | €49,432 | €32,289 | -€17,143 | -34.7% |
| Gross operating margin | 9900 | €326,168 | €297,441 | -€28,727 | -8.8% |
| Operating profit (loss) | 9901 | €168,872 | €158,170 | -€10,703 | -6.3% |
| Financial income | 75/76B | - | €10,269 | +€10,269 | |
| Recurring financial income | 75 | - | €10,269 | +€10,269 | |
| Financial charges | 65/66B | €11,665 | €4,618 | -€7,047 | -60.4% |
| Recurring financial charges | 65 | €11,665 | €4,618 | -€7,047 | -60.4% |
| Profit (loss) for the period before taxes | 9903 | €157,208 | €163,821 | +€6,613 | +4.2% |
| Income taxes | 67/77 | €50,021 | €47,579 | -€2,441 | -4.9% |
| Profit (loss) for the period | 9904 | €107,187 | €116,241 | +€9,054 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €107,187 | €116,241 | +€9,054 | +8.4% |
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 27 October 2026 via checked.be.