Legame: 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.
Legame
Largest movements
- Receivables within one year -€23,188
down €23,188 (-98.1%), from €23,639 to €451
of which Trade receivables: -€23,189
- Tangible fixed assets +€21,221
up €21,221 (+140%), from €15,177 to €36,397
of which Land and buildings: +€21,006
- Cash -€6,287
down €6,287 (-70.6%), from €8,910 to €2,624
mainly Investment in fixed assets (net) (-€25,325) and Net result for the year (-€15,636)
- Profit (loss) carried forward -€15,636
down €15,636, from €5,356 to -€10,280
- Trade debts +€10,340
up €10,340 (+1,924%), from €537 to €10,877
- Debts after one year -€6,454
down €6,454 (-23.1%), from €27,882 to €21,428
- Current portion of long-term debt +€3,024
new in 2025: €3,024
- Other debts +€2,400
up €2,400 (+26.8%), from €8,958 to €11,358
- Gross operating margin -€20,210
down €20,210, from €10,632 to -€9,577
- Depreciation +€3,229
up €3,229 (+369%), from €875 to €4,105
- Taxes -€1,928
down €1,928 (-96.8%), from €1,992 to €64
- Other operating charges -€1,090
down €1,090 (-94.3%), from €1,156 to €66
- Financial charges +€571
up €571 (+45.6%), from €1,253 to €1,824
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 | €47,726 | €39,472 | -€8,254 | -17.3% |
| Fixed assets | 21/28 | €15,177 | €36,397 | +€21,221 | +140% |
| Tangible fixed assets | 22/27 | €15,177 | €36,397 | +€21,221 | +140% |
| Land and buildings | 22 | €15,177 | €36,183 | +€21,006 | +138% |
| Plant, machinery and equipment | 23 | - | €214 | +€214 | |
| Current assets | 29/58 | €32,549 | €3,075 | -€29,474 | -90.6% |
| Amounts receivable within one year | 40/41 | €23,639 | €451 | -€23,188 | -98.1% |
| Trade receivables | 40 | €23,639 | €450 | -€23,189 | -98.1% |
| Other amounts receivable | 41 | - | €1 | +€1 | |
| Cash at bank and in hand | 54/58 | €8,910 | €2,624 | -€6,287 | -70.6% |
| Total equity and liabilities | 10/49 | €47,726 | €39,472 | -€8,254 | -17.3% |
| Equity | 10/15 | €8,356 | -€7,280 | -€15,636 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | - | -€3,000 | |
| Other | 1109/19 | €3,000 | - | -€3,000 | |
| Profit (loss) carried forward | 14 | €5,356 | -€10,280 | -€15,636 | |
| Amounts payable | 17/49 | €39,369 | €46,752 | +€7,383 | +18.8% |
| Amounts payable after more than one year | 17 | €27,882 | €21,428 | -€6,454 | -23.1% |
| Financial debts | 170/4 | €27,882 | €21,428 | -€6,454 | -23.1% |
| Amounts payable within one year | 42/48 | €11,488 | €25,324 | +€13,836 | +120% |
| Current portion of amounts payable after more than one year | 42 | - | €3,024 | +€3,024 | |
| Trade debts | 44 | €537 | €10,877 | +€10,340 | +1,924% |
| Suppliers | 440/4 | €537 | €10,877 | +€10,340 | +1,924% |
| Taxes, remuneration and social security | 45 | €1,992 | €64 | -€1,928 | -96.8% |
| Taxes | 450/3 | €1,992 | €64 | -€1,928 | -96.8% |
| Other amounts payable | 47/48 | €8,958 | €11,358 | +€2,400 | +26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €875 | €4,105 | +€3,229 | +369% |
| Other operating charges | 640/8 | €1,156 | €66 | -€1,090 | -94.3% |
| Gross operating margin | 9900 | €10,632 | -€9,577 | -€20,210 | |
| Operating profit (loss) | 9901 | €8,601 | -€13,748 | -€22,349 | |
| Financial charges | 65/66B | €1,253 | €1,824 | +€571 | +45.6% |
| Recurring financial charges | 65 | €1,253 | €1,824 | +€571 | +45.6% |
| Profit (loss) for the period before taxes | 9903 | €7,349 | -€15,572 | -€22,921 | |
| Income taxes | 67/77 | €1,992 | €64 | -€1,928 | -96.8% |
| Profit (loss) for the period | 9904 | €5,356 | -€15,636 | -€20,993 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,356 | -€15,636 | -€20,993 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.