LEGIMMO: 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.
LEGIMMO
Largest movements
- Stocks and contracts -€729,635
down €729,635 (-55.9%), from €1.3m to €576,372
- Cash +€426,959
up €426,959 (+1301.4%), from €32,808 to €459,767
mainly Stocks and contracts (+€729,635) and Tax, wage and social debts (+€59,657)
- Short-term financial debts -€323,000
no longer reported in 2025 (was €323,000)
- Profit (loss) carried forward -€74,601
down €74,601 (-10.5%), from -€712,388 to -€786,988
- Tax, wage and social debts +€59,657
up €59,657 (+3493.2%), from €1,708 to €61,365
of which Taxes: +€61,270
- Provisions +€45,000
new in 2025: €45,000
- Provisions +€45,000
new in 2025: €45,000
- Financial charges -€35,391
down €35,391 (-85.2%), from €41,534 to €6,143
of which Financial charges: -€37,078
- Staff costs -€23,543
down €23,543 (-40.5%), from €58,139 to €34,596
- Gross operating margin +€4,038
up €4,038 (+50.4%), from €8,009 to €12,047
- Other operating charges -€845
down €845 (-43.9%), from €1,925 to €1,080
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,407,591 | €1,107,293 | -€300,298 | -21.3% |
| Fixed assets | 21/28 | €150 | €150 | = | 0.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €1,407,441 | €1,107,143 | -€300,298 | -21.3% |
| Stocks and contracts in progress | 3 | €1,306,007 | €576,372 | -€729,635 | -55.9% |
| Stocks | 30/36 | €1,306,007 | €576,372 | -€729,635 | -55.9% |
| Amounts receivable within one year | 40/41 | €68,626 | €71,005 | +€2,378 | +3.5% |
| Trade receivables | 40 | €17,596 | €20,995 | +€3,399 | +19.3% |
| Other amounts receivable | 41 | €51,030 | €50,010 | -€1,021 | -2.0% |
| Cash at bank and in hand | 54/58 | €32,808 | €459,767 | +€426,959 | +1301.4% |
| Total equity and liabilities | 10/49 | €1,407,591 | €1,107,293 | -€300,298 | -21.3% |
| Equity | 10/15 | €112,612 | €38,012 | -€74,601 | -66.2% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Capital | 10 | €750,000 | €750,000 | = | 0.0% |
| Issued capital | 100 | €750,000 | €750,000 | = | 0.0% |
| Reserves | 13 | €75,000 | €75,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €75,000 | €75,000 | = | 0.0% |
| Legal reserve | 130 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€712,388 | -€786,988 | -€74,601 | -10.5% |
| Provisions and deferred taxes | 16 | - | €45,000 | +€45,000 | |
| Provisions for liabilities and charges | 160/5 | - | €45,000 | +€45,000 | |
| Other liabilities and charges | 164/5 | - | €45,000 | +€45,000 | |
| Amounts payable | 17/49 | €1,294,979 | €1,024,282 | -€270,697 | -20.9% |
| Amounts payable after more than one year | 17 | €951,855 | €951,855 | = | 0.0% |
| Other amounts payable | 178/9 | €951,855 | €951,855 | = | 0.0% |
| Amounts payable within one year | 42/48 | €343,124 | €72,427 | -€270,697 | -78.9% |
| Financial debts | 43 | €323,000 | - | -€323,000 | |
| Credit institutions | 430/8 | €323,000 | - | -€323,000 | |
| Trade debts | 44 | €18,210 | €10,856 | -€7,354 | -40.4% |
| Suppliers | 440/4 | €18,210 | €10,856 | -€7,354 | -40.4% |
| Taxes, remuneration and social security | 45 | €1,708 | €61,365 | +€59,657 | +3493.2% |
| Taxes | 450/3 | €95 | €61,365 | +€61,270 | +64494.5% |
| Remuneration and social security | 454/9 | €1,613 | - | -€1,613 | |
| Other amounts payable | 47/48 | €206 | €206 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €58,139 | €34,596 | -€23,543 | -40.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €45,000 | +€45,000 | |
| Other operating charges | 640/8 | €1,925 | €1,080 | -€845 | -43.9% |
| Gross operating margin | 9900 | €8,009 | €12,047 | +€4,038 | +50.4% |
| Operating profit (loss) | 9901 | -€52,054 | -€68,629 | -€16,575 | -31.8% |
| Financial income | 75/76B | €19 | €13 | -€6 | -30.4% |
| Recurring financial income | 75 | €19 | €13 | -€6 | -30.4% |
| Financial charges | 65/66B | €41,534 | €6,143 | -€35,391 | -85.2% |
| Recurring financial charges | 65 | €41,534 | €4,457 | -€37,078 | -89.3% |
| Non-recurring financial charges | 66B | - | €1,687 | +€1,687 | |
| Profit (loss) for the period before taxes | 9903 | -€93,570 | -€74,759 | +€18,811 | +20.1% |
| Income taxes | 67/77 | €201 | -€159 | -€359 | |
| Profit (loss) for the period | 9904 | -€93,771 | -€74,601 | +€19,170 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€93,771 | -€74,601 | +€19,170 | +20.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.