LegalDirect: 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.
LegalDirect
Largest movements
- Deferred charges and accrued income +€119,665
up €119,665 (+990%), from €12,093 to €131,758
- Cash -€62,102
down €62,102 (-26.9%), from €230,886 to €168,784
mainly Contributions, distributions and other (-€164,400) and Deferred charges and accrued income (-€119,665)
- Receivables within one year +€30,945
up €30,945 (+38.4%), from €80,617 to €111,562
of which Trade receivables: +€41,322
- Current investments +€18,000
up €18,000 (+52.2%), from €34,500 to €52,500
- Other debts +€94,980
up €94,980 (+970%), from €9,789 to €104,769
- Tax, wage and social debts +€50,300
up €50,300 (+165%), from €30,498 to €80,797
- Reserves -€28,408
down €28,408 (-8.9%), from €318,811 to €290,403
of which Distributable reserves: -€28,408
- Trade debts -€10,168
down €10,168 (-91.8%), from €11,073 to €905
- Gross operating margin +€156,486
up €156,486 (+236%), from €66,197 to €222,683
- Taxes +€60,493
up €60,493 (+288%), from €21,028 to €81,522
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 | €393,416 | €500,120 | +€106,704 | +27.1% |
| Fixed assets | 21/28 | €35,319 | €35,516 | +€197 | +0.6% |
| Intangible fixed assets | 21 | €2,778 | €1,622 | -€1,157 | -41.6% |
| Tangible fixed assets | 22/27 | €22,161 | €23,515 | +€1,354 | +6.1% |
| Plant, machinery and equipment | 23 | €1,381 | €2,754 | +€1,374 | +99.5% |
| Furniture and vehicles | 24 | €6,947 | €8,021 | +€1,073 | +15.4% |
| Other tangible fixed assets | 26 | €13,833 | €12,740 | -€1,093 | -7.9% |
| Financial fixed assets | 28 | €10,380 | €10,380 | = | 0.0% |
| Current assets | 29/58 | €358,097 | €464,604 | +€106,507 | +29.7% |
| Amounts receivable within one year | 40/41 | €80,617 | €111,562 | +€30,945 | +38.4% |
| Trade receivables | 40 | €63,238 | €104,560 | +€41,322 | +65.3% |
| Other amounts receivable | 41 | €17,379 | €7,002 | -€10,377 | -59.7% |
| Current investments | 50/53 | €34,500 | €52,500 | +€18,000 | +52.2% |
| Cash at bank and in hand | 54/58 | €230,886 | €168,784 | -€62,102 | -26.9% |
| Deferred charges and accrued income | 490/1 | €12,093 | €131,758 | +€119,665 | +990% |
| Total equity and liabilities | 10/49 | €393,416 | €500,120 | +€106,704 | +27.1% |
| Equity | 10/15 | €342,057 | €313,649 | -€28,408 | -8.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €318,811 | €290,403 | -€28,408 | -8.9% |
| Tax-exempt reserves | 132 | €42,100 | €42,100 | = | 0.0% |
| Distributable reserves | 133 | €276,711 | €248,303 | -€28,408 | -10.3% |
| Profit (loss) carried forward | 14 | €17,046 | €17,046 | = | 0.0% |
| Amounts payable | 17/49 | €51,359 | €186,471 | +€135,112 | +263% |
| Amounts payable within one year | 42/48 | €51,359 | €186,471 | +€135,112 | +263% |
| Trade debts | 44 | €11,073 | €905 | -€10,168 | -91.8% |
| Suppliers | 440/4 | €11,073 | €905 | -€10,168 | -91.8% |
| Taxes, remuneration and social security | 45 | €30,498 | €80,797 | +€50,300 | +165% |
| Taxes | 450/3 | €30,498 | €80,797 | +€50,300 | +165% |
| Other amounts payable | 47/48 | €9,789 | €104,769 | +€94,980 | +970% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,124 | €4,957 | -€167 | -3.2% |
| Other operating charges | 640/8 | €610 | €1,642 | +€1,033 | +169% |
| Gross operating margin | 9900 | €66,197 | €222,683 | +€156,486 | +236% |
| Operating profit (loss) | 9901 | €60,464 | €216,083 | +€155,620 | +257% |
| Financial income | 75/76B | €421 | €1,694 | +€1,273 | +302% |
| Recurring financial income | 75 | €421 | €1,694 | +€1,273 | +302% |
| Financial charges | 65/66B | €192 | €264 | +€72 | +37.5% |
| Recurring financial charges | 65 | €192 | €264 | +€72 | +37.5% |
| Profit (loss) for the period before taxes | 9903 | €60,693 | €217,514 | +€156,821 | +258% |
| Income taxes | 67/77 | €21,028 | €81,522 | +€60,493 | +288% |
| Profit (loss) for the period | 9904 | €39,665 | €135,992 | +€96,327 | +243% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €39,665 | €135,992 | +€96,327 | +243% |
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 24 October 2026 via checked.be.