LEGICO: 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.
LEGICO
Largest movements
- Tangible fixed assets -€67,939
down €67,939 (-5.1%), from €1.3m to €1.3m
of which Land and buildings: -€50,950
- Receivables within one year -€40,415
down €40,415 (-52.0%), from €77,777 to €37,361
of which Trade receivables: -€75,000
- Other debts -€145,437
down €145,437 (-82.3%), from €176,692 to €31,255
- Profit (loss) carried forward +€105,062
up €105,062 (+506%), from €20,757 to €125,819
- Debts after one year -€88,467
down €88,467 (-9.4%), from €945,966 to €857,499
- Gross operating margin +€97,081
up €97,081 (+77.4%), from €125,480 to €222,560
- Taxes +€17,700
up €17,700 (+7,245%), from €244 to €17,944
- Financial charges -€5,465
down €5,465 (-15.2%), from €36,015 to €30,550
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 | €1,428,073 | €1,306,980 | -€121,092 | -8.5% |
| Fixed assets | 21/28 | €1,320,254 | €1,252,315 | -€67,939 | -5.1% |
| Tangible fixed assets | 22/27 | €1,320,254 | €1,252,315 | -€67,939 | -5.1% |
| Land and buildings | 22 | €1,295,445 | €1,244,495 | -€50,950 | -3.9% |
| Furniture and vehicles | 24 | €24,809 | €7,820 | -€16,990 | -68.5% |
| Current assets | 29/58 | €107,819 | €54,666 | -€53,153 | -49.3% |
| Amounts receivable within one year | 40/41 | €77,777 | €37,361 | -€40,415 | -52.0% |
| Trade receivables | 40 | €75,000 | - | -€75,000 | |
| Other amounts receivable | 41 | €2,777 | €37,361 | +€34,585 | +1,246% |
| Current investments | 50/53 | €9,000 | €9,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,928 | €4,335 | -€8,593 | -66.5% |
| Deferred charges and accrued income | 490/1 | €8,114 | €3,969 | -€4,145 | -51.1% |
| Total equity and liabilities | 10/49 | €1,428,073 | €1,306,980 | -€121,092 | -8.5% |
| Equity | 10/15 | €196,832 | €301,894 | +€105,062 | +53.4% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €51,075 | €51,075 | = | 0.0% |
| Distributable reserves | 133 | €51,075 | €51,075 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,757 | €125,819 | +€105,062 | +506% |
| Amounts payable | 17/49 | €1,231,241 | €1,005,086 | -€226,155 | -18.4% |
| Amounts payable after more than one year | 17 | €945,966 | €857,499 | -€88,467 | -9.4% |
| Financial debts | 170/4 | €945,966 | €857,499 | -€88,467 | -9.4% |
| Amounts payable within one year | 42/48 | €285,275 | €147,587 | -€137,688 | -48.3% |
| Current portion of amounts payable after more than one year | 42 | €93,534 | €88,467 | -€5,067 | -5.4% |
| Trade debts | 44 | €707 | €754 | +€47 | +6.6% |
| Suppliers | 440/4 | €707 | €754 | +€47 | +6.6% |
| Taxes, remuneration and social security | 45 | €14,343 | €27,112 | +€12,769 | +89.0% |
| Taxes | 450/3 | €9,843 | €20,612 | +€10,769 | +109% |
| Remuneration and social security | 454/9 | €4,500 | €6,500 | +€2,000 | +44.4% |
| Other amounts payable | 47/48 | €176,692 | €31,255 | -€145,437 | -82.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,830 | €67,939 | +€1,110 | +1.7% |
| Other operating charges | 640/8 | €1,634 | €1,748 | +€114 | +7.0% |
| Gross operating margin | 9900 | €125,480 | €222,560 | +€97,081 | +77.4% |
| Operating profit (loss) | 9901 | €57,016 | €152,872 | +€95,857 | +168% |
| Financial income | 75/76B | - | €684 | +€684 | |
| Recurring financial income | 75 | - | €684 | +€684 | |
| Financial charges | 65/66B | €36,015 | €30,550 | -€5,465 | -15.2% |
| Recurring financial charges | 65 | €36,015 | €30,550 | -€5,465 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €21,001 | €123,007 | +€102,006 | +486% |
| Income taxes | 67/77 | €244 | €17,944 | +€17,700 | +7,245% |
| Profit (loss) for the period | 9904 | €20,757 | €105,062 | +€84,306 | +406% |
| Profit (loss) for the period to be appropriated | 9905 | €20,757 | €105,062 | +€84,306 | +406% |
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 23 October 2026 via checked.be.