Lege Artis: 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.
Lege Artis
Largest movements
- Tangible fixed assets -€113,965
down €113,965 (-12.6%), from €903,927 to €789,962
of which Land and buildings: -€112,951
- Cash +€29,169
up €29,169 (+147%), from €19,797 to €48,966
mainly Other debts (+€182,683) and Investment in fixed assets (net) (+€66,330)
- Receivables within one year -€15,242
down €15,242 (-81.0%), from €18,813 to €3,570
- Trade debts -€240,473
down €240,473 (-97.6%), from €246,452 to €5,979
- Other debts +€182,683
up €182,683 (+127%), from €143,975 to €326,659
- Debts after one year -€60,241
down €60,241 (-29.4%), from €204,966 to €144,726
- Reserves +€18,553
up €18,553 (+4.6%), from €405,595 to €424,148
of which Distributable reserves: +€18,553
- Financial charges +€29,358
up €29,358 (+211%), from €13,921 to €43,280
- Other operating charges -€13,654
down €13,654 (-62.9%), from €21,715 to €8,061
- Depreciation -€6,697
down €6,697 (-12.3%), from €54,332 to €47,635
- Gross operating margin +€6,022
up €6,022 (+4.9%), from €121,839 to €127,861
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 | €1,097,689 | €998,287 | -€99,402 | -9.1% |
| Fixed assets | 21/28 | €903,927 | €789,962 | -€113,965 | -12.6% |
| Tangible fixed assets | 22/27 | €903,927 | €789,962 | -€113,965 | -12.6% |
| Land and buildings | 22 | €901,829 | €788,878 | -€112,951 | -12.5% |
| Plant, machinery and equipment | 23 | €1,611 | €971 | -€640 | -39.7% |
| Furniture and vehicles | 24 | €487 | €113 | -€374 | -76.8% |
| Current assets | 29/58 | €193,762 | €208,325 | +€14,563 | +7.5% |
| Stocks and contracts in progress | 3 | €155,000 | €155,000 | = | 0.0% |
| Stocks | 30/36 | €155,000 | €155,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,813 | €3,570 | -€15,242 | -81.0% |
| Trade receivables | 40 | €18,813 | €3,570 | -€15,242 | -81.0% |
| Cash at bank and in hand | 54/58 | €19,797 | €48,966 | +€29,169 | +147% |
| Deferred charges and accrued income | 490/1 | €152 | €789 | +€636 | +418% |
| Total equity and liabilities | 10/49 | €1,097,689 | €998,287 | -€99,402 | -9.1% |
| Equity | 10/15 | €424,195 | €442,748 | +€18,553 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €405,595 | €424,148 | +€18,553 | +4.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €403,735 | €422,288 | +€18,553 | +4.6% |
| Amounts payable | 17/49 | €673,494 | €555,539 | -€117,955 | -17.5% |
| Amounts payable after more than one year | 17 | €204,966 | €144,726 | -€60,241 | -29.4% |
| Financial debts | 170/4 | €204,966 | €144,726 | -€60,241 | -29.4% |
| Amounts payable within one year | 42/48 | €468,527 | €410,608 | -€57,919 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €62,142 | €60,035 | -€2,108 | -3.4% |
| Trade debts | 44 | €246,452 | €5,979 | -€240,473 | -97.6% |
| Suppliers | 440/4 | €246,452 | €5,979 | -€240,473 | -97.6% |
| Taxes, remuneration and social security | 45 | €15,957 | €17,936 | +€1,978 | +12.4% |
| Taxes | 450/3 | €15,957 | €17,936 | +€1,978 | +12.4% |
| Other amounts payable | 47/48 | €143,975 | €326,659 | +€182,683 | +127% |
| Accrued charges and deferred income | 492/3 | - | €205 | +€205 | |
| Non-recurring operating income | 76A | - | €13,670 | +€13,670 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,332 | €47,635 | -€6,697 | -12.3% |
| Other operating charges | 640/8 | €21,715 | €8,061 | -€13,654 | -62.9% |
| Gross operating margin | 9900 | €121,839 | €127,861 | +€6,022 | +4.9% |
| Operating profit (loss) | 9901 | €45,792 | €72,165 | +€26,373 | +57.6% |
| Financial income | 75/76B | €45 | €180 | +€135 | +300% |
| Recurring financial income | 75 | €45 | €180 | +€135 | +300% |
| Financial charges | 65/66B | €13,921 | €43,280 | +€29,358 | +211% |
| Recurring financial charges | 65 | €13,921 | €43,280 | +€29,358 | +211% |
| Profit (loss) for the period before taxes | 9903 | €31,915 | €29,065 | -€2,850 | -8.9% |
| Income taxes | 67/77 | €10,795 | €10,512 | -€283 | -2.6% |
| Profit (loss) for the period | 9904 | €21,120 | €18,553 | -€2,568 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,120 | €18,553 | -€2,568 | -12.2% |
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 28 October 2026 via checked.be.