LEGACY: 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.
LEGACY
Largest movements
- Intangible fixed assets +€19,941
new in 2024: €19,941
- Cash +€15,190
up €15,190 (+264.4%), from €5,744 to €20,934
mainly Net result for the year (+€22,548) and Tax, wage and social debts (+€21,898)
- Receivables within one year -€8,653
down €8,653 (-11.2%), from €77,492 to €68,839
of which Trade receivables: -€17,795
- Profit (loss) carried forward +€22,548
up €22,548 (+78.7%), from -€28,644 to -€6,096
- Tax, wage and social debts +€21,898
up €21,898 (+50.7%), from €43,185 to €65,082
- Trade debts -€9,341
down €9,341 (-30.2%), from €30,958 to €21,617
- Debts after one year -€7,750
down €7,750 (-41.3%), from €18,750 to €11,000
- Other debts -€2,376
down €2,376 (-82.3%), from €2,888 to €512
- Gross operating margin +€30,308
up €30,308 (+140.7%), from €21,541 to €51,849
- Taxes +€9,080
up €9,080 (+195.8%), from €4,637 to €13,717
- Other operating charges +€1,669
up €1,669 (+67.7%), from €2,465 to €4,134
- Financial charges -€1,529
down €1,529 (-11.9%), from €12,856 to €11,326
of which Non-recurring financial charges: -€10,000
- Depreciation +€1,059
new in 2024: €1,059
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,236 | €110,766 | +€27,530 | +33.1% |
| Fixed assets | 21/28 | €0 | €19,941 | +€19,941 | |
| Intangible fixed assets | 21 | - | €19,941 | +€19,941 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €83,236 | €90,824 | +€7,588 | +9.1% |
| Amounts receivable within one year | 40/41 | €77,492 | €68,839 | -€8,653 | -11.2% |
| Trade receivables | 40 | €35,151 | €17,356 | -€17,795 | -50.6% |
| Other amounts receivable | 41 | €42,341 | €51,483 | +€9,142 | +21.6% |
| Cash at bank and in hand | 54/58 | €5,744 | €20,934 | +€15,190 | +264.4% |
| Deferred charges and accrued income | 490/1 | - | €1,051 | +€1,051 | |
| Total equity and liabilities | 10/49 | €83,236 | €110,766 | +€27,530 | +33.1% |
| Equity | 10/15 | -€22,444 | €104 | +€22,548 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,644 | -€6,096 | +€22,548 | +78.7% |
| Amounts payable | 17/49 | €105,680 | €110,662 | +€4,982 | +4.7% |
| Amounts payable after more than one year | 17 | €18,750 | €11,000 | -€7,750 | -41.3% |
| Financial debts | 170/4 | €18,750 | €11,000 | -€7,750 | -41.3% |
| Amounts payable within one year | 42/48 | €86,781 | €99,083 | +€12,302 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €9,750 | €10,667 | +€917 | +9.4% |
| Financial debts | 43 | - | €1,204 | +€1,204 | |
| Credit institutions | 430/8 | - | €1,204 | +€1,204 | |
| Trade debts | 44 | €30,958 | €21,617 | -€9,341 | -30.2% |
| Suppliers | 440/4 | €30,958 | €21,617 | -€9,341 | -30.2% |
| Taxes, remuneration and social security | 45 | €43,185 | €65,082 | +€21,898 | +50.7% |
| Taxes | 450/3 | €43,185 | €65,082 | +€21,898 | +50.7% |
| Other amounts payable | 47/48 | €2,888 | €512 | -€2,376 | -82.3% |
| Accrued charges and deferred income | 492/3 | €149 | €579 | +€430 | +288.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,059 | +€1,059 | |
| Other operating charges | 640/8 | €2,465 | €4,134 | +€1,669 | +67.7% |
| Gross operating margin | 9900 | €21,541 | €51,849 | +€30,308 | +140.7% |
| Operating profit (loss) | 9901 | €19,076 | €46,656 | +€27,580 | +144.6% |
| Financial income | 75/76B | €11 | €935 | +€924 | +8416.8% |
| Recurring financial income | 75 | €11 | €935 | +€924 | +8416.8% |
| Financial charges | 65/66B | €12,856 | €11,326 | -€1,529 | -11.9% |
| Recurring financial charges | 65 | €2,856 | €11,326 | +€8,471 | +296.6% |
| Non-recurring financial charges | 66B | €10,000 | €0 | -€10,000 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €6,231 | €36,265 | +€30,034 | +482.0% |
| Income taxes | 67/77 | €4,637 | €13,717 | +€9,080 | +195.8% |
| Profit (loss) for the period | 9904 | €1,594 | €22,548 | +€20,953 | +1314.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,594 | €22,548 | +€20,953 | +1314.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.