LEGALTHENA: 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.
LEGALTHENA
Largest movements
- Receivables within one year -€3,951
down €3,951 (-12.9%), from €30,697 to €26,746
- Deferred charges and accrued income +€3,559
up €3,559 (+111%), from €3,209 to €6,768
- Tangible fixed assets +€2,147
up €2,147 (+302%), from €710 to €2,857
- Short-term financial debts +€25,000
new in 2025: €25,000
- Profit (loss) carried forward -€13,938
down €13,938 (-23.2%), from -€60,082 to -€74,020
- Trade debts -€8,002
down €8,002 (-13.5%), from €59,156 to €51,154
- Accrued charges and deferred income -€2,035
down €2,035 (-70.4%), from €2,891 to €856
- Gross operating margin +€52,384
up €52,384, from -€39,962 to €12,422
- Staff costs +€7,587
up €7,587 (+48.5%), from €15,652 to €23,239
- Financial income -€723
no longer reported in 2025 (was €723)
- Other operating charges +€687
up €687 (+86.1%), from €798 to €1,485
- Depreciation -€491
down €491 (-60.0%), from €819 to €328
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 | €49,243 | €51,081 | +€1,838 | +3.7% |
| Fixed assets | 21/28 | €810 | €2,957 | +€2,147 | +265% |
| Tangible fixed assets | 22/27 | €710 | €2,857 | +€2,147 | +302% |
| Furniture and vehicles | 24 | €710 | €2,857 | +€2,147 | +302% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €48,433 | €48,124 | -€309 | -0.6% |
| Amounts receivable after more than one year | 29 | €1,171 | €1,171 | = | 0.0% |
| Other amounts receivable | 291 | €1,171 | €1,171 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,697 | €26,746 | -€3,951 | -12.9% |
| Trade receivables | 40 | €30,697 | €26,746 | -€3,951 | -12.9% |
| Cash at bank and in hand | 54/58 | €13,356 | €13,439 | +€83 | +0.6% |
| Deferred charges and accrued income | 490/1 | €3,209 | €6,768 | +€3,559 | +111% |
| Total equity and liabilities | 10/49 | €49,243 | €51,081 | +€1,838 | +3.7% |
| Equity | 10/15 | -€39,622 | -€53,560 | -€13,938 | -35.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,082 | -€74,020 | -€13,938 | -23.2% |
| Amounts payable | 17/49 | €88,865 | €104,641 | +€15,776 | +17.8% |
| Amounts payable after more than one year | 17 | €15,254 | €15,685 | +€431 | +2.8% |
| Trade debts | 175 | €15,254 | €15,685 | +€431 | +2.8% |
| Amounts payable within one year | 42/48 | €70,720 | €88,100 | +€17,380 | +24.6% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Other loans | 439 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €59,156 | €51,154 | -€8,002 | -13.5% |
| Suppliers | 440/4 | €59,156 | €51,154 | -€8,002 | -13.5% |
| Advances received on contracts in progress | 46 | - | €185 | +€185 | |
| Taxes, remuneration and social security | 45 | €11,564 | €11,761 | +€197 | +1.7% |
| Taxes | 450/3 | €3,642 | €3,691 | +€49 | +1.3% |
| Remuneration and social security | 454/9 | €7,922 | €8,070 | +€148 | +1.9% |
| Accrued charges and deferred income | 492/3 | €2,891 | €856 | -€2,035 | -70.4% |
| Remuneration, social security and pensions | 62 | €15,652 | €23,239 | +€7,587 | +48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €819 | €328 | -€491 | -60.0% |
| Other operating charges | 640/8 | €798 | €1,485 | +€687 | +86.1% |
| Gross operating margin | 9900 | -€39,962 | €12,422 | +€52,384 | |
| Operating profit (loss) | 9901 | -€57,231 | -€12,630 | +€44,601 | +77.9% |
| Financial income | 75/76B | €723 | - | -€723 | |
| Recurring financial income | 75 | €723 | - | -€723 | |
| Financial charges | 65/66B | €1,358 | €1,176 | -€182 | -13.4% |
| Recurring financial charges | 65 | €1,358 | €1,176 | -€182 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | -€57,866 | -€13,806 | +€44,060 | +76.1% |
| Income taxes | 67/77 | €257 | €132 | -€125 | -48.6% |
| Profit (loss) for the period | 9904 | -€58,123 | -€13,938 | +€44,185 | +76.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,123 | -€13,938 | +€44,185 | +76.0% |
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 19 October 2026 via checked.be.