LEGIA EXPRESS: 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.
LEGIA EXPRESS
Largest movements
- Cash -€52,144
down €52,144 (-35.8%), from €145,726 to €93,581
mainly Contributions, distributions and other (-€145,000) and Debts after one year (-€37,202)
- Tangible fixed assets -€39,744
down €39,744 (-35.4%), from €112,399 to €72,655
of which Plant, machinery and equipment: -€30,510
- Receivables within one year +€18,407
up €18,407 (+26.7%), from €69,014 to €87,421
of which Other amounts receivable: +€10,987
- Stocks and contracts +€12,479
up €12,479 (+23.1%), from €54,019 to €66,498
- Receivables after one year +€5,000
new in 2026: €5,000
- Profit (loss) carried forward -€40,371
down €40,371 (-91.1%), from €44,308 to €3,937
- Debts after one year -€37,202
down €37,202 (-54.1%), from €68,775 to €31,573
- Tax, wage and social debts +€27,343
up €27,343 (+96.6%), from €28,295 to €55,638
of which Remuneration and social security: +€16,220
- Current portion of long-term debt -€11,816
down €11,816 (-23.4%), from €50,595 to €38,779
- Other debts +€8,472
up €8,472 (+7.2%), from €117,886 to €126,358
- Gross operating margin +€48,368
up €48,368 (+13.2%), from €367,430 to €415,798
- Staff costs +€33,910
up €33,910 (+17.0%), from €199,886 to €233,796
- Taxes +€14,774
up €14,774 (+69.4%), from €21,281 to €36,055
- Depreciation -€11,811
down €11,811 (-23.0%), from €51,394 to €39,583
- Financial charges -€7,631
down €7,631 (-43.1%), from €17,707 to €10,076
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €398,703 | €343,112 | -€55,592 | -13.9% |
| Fixed assets | 21/28 | €112,786 | €73,043 | -€39,744 | -35.2% |
| Tangible fixed assets | 22/27 | €112,399 | €72,655 | -€39,744 | -35.4% |
| Plant, machinery and equipment | 23 | €96,534 | €66,024 | -€30,510 | -31.6% |
| Furniture and vehicles | 24 | €15,865 | €6,631 | -€9,233 | -58.2% |
| Financial fixed assets | 28 | €388 | €388 | = | 0.0% |
| Current assets | 29/58 | €285,917 | €270,069 | -€15,848 | -5.5% |
| Amounts receivable after more than one year | 29 | - | €5,000 | +€5,000 | |
| Other amounts receivable | 291 | - | €5,000 | +€5,000 | |
| Stocks and contracts in progress | 3 | €54,019 | €66,498 | +€12,479 | +23.1% |
| Stocks | 30/36 | €54,019 | €66,498 | +€12,479 | +23.1% |
| Amounts receivable within one year | 40/41 | €69,014 | €87,421 | +€18,407 | +26.7% |
| Trade receivables | 40 | €67,225 | €74,645 | +€7,420 | +11.0% |
| Other amounts receivable | 41 | €1,789 | €12,776 | +€10,987 | +614% |
| Cash at bank and in hand | 54/58 | €145,726 | €93,581 | -€52,144 | -35.8% |
| Deferred charges and accrued income | 490/1 | €17,158 | €17,569 | +€411 | +2.4% |
| Total equity and liabilities | 10/49 | €398,703 | €343,112 | -€55,592 | -13.9% |
| Equity | 10/15 | €106,308 | €65,937 | -€40,371 | -38.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,308 | €3,937 | -€40,371 | -91.1% |
| Amounts payable | 17/49 | €292,395 | €277,174 | -€15,221 | -5.2% |
| Amounts payable after more than one year | 17 | €68,775 | €31,573 | -€37,202 | -54.1% |
| Financial debts | 170/4 | €68,775 | €31,573 | -€37,202 | -54.1% |
| Amounts payable within one year | 42/48 | €220,433 | €245,103 | +€24,670 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €50,595 | €38,779 | -€11,816 | -23.4% |
| Trade debts | 44 | €23,656 | €24,328 | +€672 | +2.8% |
| Suppliers | 440/4 | €23,656 | €24,328 | +€672 | +2.8% |
| Taxes, remuneration and social security | 45 | €28,295 | €55,638 | +€27,343 | +96.6% |
| Taxes | 450/3 | €12,152 | €23,274 | +€11,123 | +91.5% |
| Remuneration and social security | 454/9 | €16,143 | €32,363 | +€16,220 | +100% |
| Other amounts payable | 47/48 | €117,886 | €126,358 | +€8,472 | +7.2% |
| Accrued charges and deferred income | 492/3 | €3,188 | €499 | -€2,689 | -84.4% |
| Remuneration, social security and pensions | 62 | €199,886 | €233,796 | +€33,910 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,394 | €39,583 | -€11,811 | -23.0% |
| Other operating charges | 640/8 | €3,698 | €641 | -€3,058 | -82.7% |
| Gross operating margin | 9900 | €367,430 | €415,798 | +€48,368 | +13.2% |
| Operating profit (loss) | 9901 | €112,452 | €141,778 | +€29,326 | +26.1% |
| Financial income | 75/76B | €10,844 | €8,982 | -€1,862 | -17.2% |
| Recurring financial income | 75 | €10,844 | €8,982 | -€1,862 | -17.2% |
| Financial charges | 65/66B | €17,707 | €10,076 | -€7,631 | -43.1% |
| Recurring financial charges | 65 | €17,707 | €10,076 | -€7,631 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | €105,589 | €140,684 | +€35,095 | +33.2% |
| Income taxes | 67/77 | €21,281 | €36,055 | +€14,774 | +69.4% |
| Profit (loss) for the period | 9904 | €84,308 | €104,629 | +€20,321 | +24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €84,308 | €104,629 | +€20,321 | +24.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.