LEGEM: what changed
Two fiscal 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
LEGEM
NACE 52.249, Warehousing and support activities for transportation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€22,467
2024 · €20,461+€2,006
Equity
€1.1m
2024 · €1.1m+€22,467
Cash
€40,082
2024 · €34,432+€5,650
Balance sheet total
€1.4m
2024 · €1.4m-€40,010
Largest movements
Assets
- Tangible fixed assets -€45,000
down €45,000 (-10.6%), from €425,836 to €380,836
Equity and liabilities
- Debts after one year -€54,994
down €54,994 (-25.1%), from €219,480 to €164,486
- Profit (loss) carried forward +€45,202
up €45,202 (+8.6%), from €522,586 to €567,788
- Reserves -€22,734
down €22,734 (-9.2%), from €247,134 to €224,400
of which Tax-exempt reserves: -€22,734
Income statement
- Financial charges -€2,514
down €2,514 (-14.6%), from €17,200 to €14,686
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
€20,461
Gross operating margin
+€335
Other operating charges
-€238
Financial charges
+€2,514
Taxes
-€605
Result 2025
€22,467
Cash bridge derived
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
+€60,645
Investment
€0
Financing
-€54,994
Cash 2024
€34,432
From operations (derived)
+€60,645
Net result for the year
+€22,467
Depreciation
+€45,000
Receivables within one year
+€660
Provisions
-€7,578
Trade debts
-€573
Tax, wage and social debts
+€668
Financing
-€54,994
Debts after one year
-€54,994
Cash 2025
€40,082
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,438,035 | €1,398,025 | -€40,010 | -2.8% |
| Fixed assets | 21/28 | €425,836 | €380,836 | -€45,000 | -10.6% |
| Tangible fixed assets | 22/27 | €425,836 | €380,836 | -€45,000 | -10.6% |
| Leasing and similar rights | 25 | €425,836 | €380,836 | -€45,000 | -10.6% |
| Current assets | 29/58 | €1,012,199 | €1,017,190 | +€4,990 | +0.5% |
| Amounts receivable after more than one year | 29 | €973,889 | €973,889 | = | 0.0% |
| Other amounts receivable | 291 | €973,889 | €973,889 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,879 | €3,218 | -€660 | -17.0% |
| Other amounts receivable | 41 | €3,879 | €3,218 | -€660 | -17.0% |
| Cash at bank and in hand | 54/58 | €34,432 | €40,082 | +€5,650 | +16.4% |
| Total equity and liabilities | 10/49 | €1,438,035 | €1,398,025 | -€40,010 | -2.8% |
| Equity | 10/15 | €1,089,721 | €1,112,188 | +€22,467 | +2.1% |
| Contributions | 10/11 | €320,000 | €320,000 | = | 0.0% |
| Capital | 10 | €320,000 | €320,000 | = | 0.0% |
| Issued capital | 100 | €320,000 | €320,000 | = | 0.0% |
| Reserves | 13 | €247,134 | €224,400 | -€22,734 | -9.2% |
| Non-distributable reserves | 130/1 | €32,000 | €32,000 | = | 0.0% |
| Legal reserve | 130 | €32,000 | €32,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €215,134 | €192,400 | -€22,734 | -10.6% |
| Profit (loss) carried forward | 14 | €522,586 | €567,788 | +€45,202 | +8.6% |
| Provisions and deferred taxes | 16 | €71,711 | €64,133 | -€7,578 | -10.6% |
| Deferred taxes | 168 | €71,711 | €64,133 | -€7,578 | -10.6% |
| Amounts payable | 17/49 | €276,603 | €221,703 | -€54,899 | -19.8% |
| Amounts payable after more than one year | 17 | €219,480 | €164,486 | -€54,994 | -25.1% |
| Financial debts | 170/4 | €219,480 | €164,486 | -€54,994 | -25.1% |
| Amounts payable within one year | 42/48 | €57,084 | €57,179 | +€95 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €54,994 | €54,994 | = | 0.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,788 | €1,215 | -€573 | -32.1% |
| Suppliers | 440/4 | €1,788 | €1,215 | -€573 | -32.1% |
| Taxes, remuneration and social security | 45 | €302 | €970 | +€668 | +221.4% |
| Taxes | 450/3 | €302 | €970 | +€668 | +221.4% |
| Accrued charges and deferred income | 492/3 | €39 | €39 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,000 | €45,000 | = | 0.0% |
| Other operating charges | 640/8 | €0 | €238 | +€238 | |
| Gross operating margin | 9900 | €70,229 | €70,564 | +€335 | +0.5% |
| Operating profit (loss) | 9901 | €25,229 | €25,326 | +€97 | +0.4% |
| Financial income | 75/76B | €19,478 | €19,478 | = | 0.0% |
| Recurring financial income | 75 | €19,478 | €19,478 | = | 0.0% |
| Financial charges | 65/66B | €17,200 | €14,686 | -€2,514 | -14.6% |
| Recurring financial charges | 65 | €17,200 | €14,686 | -€2,514 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €27,508 | €30,118 | +€2,611 | +9.5% |
| Transfer from deferred taxes | 780 | €7,578 | €7,578 | = | 0.0% |
| Income taxes | 67/77 | €14,625 | €15,229 | +€605 | +4.1% |
| Profit (loss) for the period | 9904 | €20,461 | €22,467 | +€2,006 | +9.8% |
| Transfer from tax-exempt reserves | 789 | €22,734 | €22,734 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,195 | €45,202 | +€2,006 | +4.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.