LEGEIN MODELISME: 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.
What changed
LEGEIN MODELISME
NACE 46.496, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€10,791
2024 · €5,333+€5,458
Equity
€268,713
2024 · €257,922+€10,791
Cash
€25,852
2024 · €15,254+€10,598
Balance sheet total
€637,686
2024 · €624,981+€12,705
Largest movements
Assets
- Cash +€10,598
up €10,598 (+69.5%), from €15,254 to €25,852
mainly Other debts (+€14,354) and Net result for the year (+€10,791)
Equity and liabilities
- Other debts +€14,354
up €14,354 (+28.9%), from €49,743 to €64,097
- Trade debts -€13,120
down €13,120 (-15.3%), from €85,751 to €72,631
- Profit (loss) carried forward +€10,791
up €10,791 (+5.0%), from €214,971 to €225,762
Income statement
- Gross operating margin -€7,666
down €7,666 (-20.4%), from €37,516 to €29,850
- Write-downs -€6,320
no longer reported in 2025 (was €6,320)
- Financial charges -€1,066
down €1,066 (-6.9%), from €15,372 to €14,306
- Other operating charges +€547
up €547 (+75.8%), from €722 to €1,269
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.
Result 2024
€5,333
Gross operating margin
-€7,666
Depreciation
+€12
Write-downs
+€6,320
Other operating charges
-€547
Other operating items
+€5,890
Financial income
+€352
Financial charges
+€1,066
Taxes
+€31
Result 2025
€10,791
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€10,599
Investment
€0
Financing
-€1
Cash 2024
€15,254
From operations (derived)
+€10,599
Net result for the year
+€10,791
Depreciation
+€1,287
Stocks and contracts
-€3,501
Receivables within one year
-€32
Deferred charges and accrued income
+€139
Trade debts
-€13,120
Tax, wage and social debts
+€681
Other debts
+€14,354
Financing
-€1
Current portion of long-term debt
-€1
Cash 2025
€25,852
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €624,981 | €637,686 | +€12,705 | +2.0% |
| Fixed assets | 21/28 | €3,848 | €2,561 | -€1,287 | -33.4% |
| Tangible fixed assets | 22/27 | €3,724 | €2,437 | -€1,287 | -34.6% |
| Plant, machinery and equipment | 23 | €1,748 | €1,351 | -€397 | -22.7% |
| Furniture and vehicles | 24 | €1,976 | €1,086 | -€890 | -45.0% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €621,133 | €635,125 | +€13,992 | +2.3% |
| Stocks and contracts in progress | 3 | €601,954 | €605,455 | +€3,501 | +0.6% |
| Stocks | 30/36 | €601,954 | €605,455 | +€3,501 | +0.6% |
| Amounts receivable within one year | 40/41 | €1,885 | €1,917 | +€32 | +1.7% |
| Other amounts receivable | 41 | €1,885 | €1,917 | +€32 | +1.7% |
| Cash at bank and in hand | 54/58 | €15,254 | €25,852 | +€10,598 | +69.5% |
| Deferred charges and accrued income | 490/1 | €2,040 | €1,901 | -€139 | -6.8% |
| Total equity and liabilities | 10/49 | €624,981 | €637,686 | +€12,705 | +2.0% |
| Equity | 10/15 | €257,922 | €268,713 | +€10,791 | +4.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €24,359 | €24,359 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,500 | €22,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €214,971 | €225,762 | +€10,791 | +5.0% |
| Amounts payable | 17/49 | €367,059 | €368,973 | +€1,914 | +0.5% |
| Amounts payable after more than one year | 17 | €141,000 | €141,000 | = | 0.0% |
| Other amounts payable | 178/9 | €141,000 | €141,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €226,059 | €227,973 | +€1,914 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €18,388 | €18,387 | -€1 | 0.0% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €85,751 | €72,631 | -€13,120 | -15.3% |
| Suppliers | 440/4 | €85,751 | €72,631 | -€13,120 | -15.3% |
| Taxes, remuneration and social security | 45 | €22,177 | €22,858 | +€681 | +3.1% |
| Taxes | 450/3 | €21,877 | €22,558 | +€681 | +3.1% |
| Remuneration and social security | 454/9 | €300 | €300 | = | 0.0% |
| Other amounts payable | 47/48 | €49,743 | €64,097 | +€14,354 | +28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,299 | €1,287 | -€12 | -0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,320 | - | -€6,320 | |
| Other operating charges | 640/8 | €722 | €1,269 | +€547 | +75.8% |
| Non-recurring operating charges | 66A | €5,890 | - | -€5,890 | |
| Gross operating margin | 9900 | €37,516 | €29,850 | -€7,666 | -20.4% |
| Operating profit (loss) | 9901 | €23,285 | €27,294 | +€4,009 | +17.2% |
| Financial income | 75/76B | €537 | €889 | +€352 | +65.5% |
| Recurring financial income | 75 | €537 | €889 | +€352 | +65.5% |
| Financial charges | 65/66B | €15,372 | €14,306 | -€1,066 | -6.9% |
| Recurring financial charges | 65 | €15,372 | €14,306 | -€1,066 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €8,450 | €13,877 | +€5,427 | +64.2% |
| Income taxes | 67/77 | €3,117 | €3,086 | -€31 | -1.0% |
| Profit (loss) for the period | 9904 | €5,333 | €10,791 | +€5,458 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €5,333 | €10,791 | +€5,458 | +102% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.