LEGION: 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.
LEGION
Largest movements
- Tangible fixed assets +€768,181
up €768,181 (+14.1%), from €5.5m to €6.2m
of which Land and buildings: +€777,965
- Receivables within one year +€94,732
up €94,732 (+111.0%), from €85,352 to €180,084
- Debts after one year +€885,336
up €885,336 (+41.9%), from €2.1m to €3.0m
of which Financial debts: +€885,336
- Profit (loss) carried forward -€275,139
down €275,139 (-56.9%), from -€483,749 to -€758,888
- Other debts +€238,185
up €238,185 (+6.2%), from €3.8m to €4.1m
- Depreciation +€255,031
up €255,031 (+64.3%), from €396,771 to €651,803
- Taxes -€74,214
down €74,214 (-69.5%), from €106,829 to €32,616
- Gross operating margin -€21,666
down €21,666 (-3.7%), from €589,755 to €568,089
- Other operating charges -€12,755
down €12,755 (-21.2%), from €60,134 to €47,379
- Financial charges -€7,286
down €7,286 (-6.1%), from €118,717 to €111,431
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 | €5,855,187 | €6,732,991 | +€877,804 | +15.0% |
| Fixed assets | 21/28 | €5,652,526 | €6,420,706 | +€768,181 | +13.6% |
| Tangible fixed assets | 22/27 | €5,457,526 | €6,225,706 | +€768,181 | +14.1% |
| Land and buildings | 22 | €5,396,925 | €6,174,890 | +€777,965 | +14.4% |
| Plant, machinery and equipment | 23 | €2,753 | €1,467 | -€1,286 | -46.7% |
| Furniture and vehicles | 24 | €57,848 | €49,350 | -€8,498 | -14.7% |
| Financial fixed assets | 28 | €195,000 | €195,000 | = | 0.0% |
| Current assets | 29/58 | €202,661 | €312,284 | +€109,623 | +54.1% |
| Amounts receivable within one year | 40/41 | €85,352 | €180,084 | +€94,732 | +111.0% |
| Other amounts receivable | 41 | €85,352 | €180,084 | +€94,732 | +111.0% |
| Cash at bank and in hand | 54/58 | €114,909 | €126,925 | +€12,016 | +10.5% |
| Deferred charges and accrued income | 490/1 | €2,400 | €5,276 | +€2,876 | +119.8% |
| Total equity and liabilities | 10/49 | €5,855,187 | €6,732,991 | +€877,804 | +15.0% |
| Equity | 10/15 | -€465,149 | -€740,288 | -€275,139 | -59.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€483,749 | -€758,888 | -€275,139 | -56.9% |
| Amounts payable | 17/49 | €6,320,336 | €7,473,279 | +€1.2m | +18.2% |
| Amounts payable after more than one year | 17 | €2,112,963 | €2,998,299 | +€885,336 | +41.9% |
| Financial debts | 170/4 | €2,101,563 | €2,986,899 | +€885,336 | +42.1% |
| Other amounts payable | 178/9 | €11,400 | €11,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,200,760 | €4,474,980 | +€274,220 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €362,959 | €397,479 | +€34,520 | +9.5% |
| Trade debts | 44 | €15,106 | €18,314 | +€3,208 | +21.2% |
| Suppliers | 440/4 | €15,106 | €18,314 | +€3,208 | +21.2% |
| Taxes, remuneration and social security | 45 | €1,693 | €0 | -€1,693 | -100.0% |
| Taxes | 450/3 | €1,693 | €0 | -€1,693 | -100.0% |
| Other amounts payable | 47/48 | €3,821,002 | €4,059,186 | +€238,185 | +6.2% |
| Accrued charges and deferred income | 492/3 | €6,613 | €0 | -€6,613 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €396,771 | €651,803 | +€255,031 | +64.3% |
| Other operating charges | 640/8 | €60,134 | €47,379 | -€12,755 | -21.2% |
| Gross operating margin | 9900 | €589,755 | €568,089 | -€21,666 | -3.7% |
| Operating profit (loss) | 9901 | €132,849 | -€131,092 | -€263,942 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €118,717 | €111,431 | -€7,286 | -6.1% |
| Recurring financial charges | 65 | €118,717 | €111,431 | -€7,286 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €14,133 | -€242,523 | -€256,656 | |
| Income taxes | 67/77 | €106,829 | €32,616 | -€74,214 | -69.5% |
| Profit (loss) for the period | 9904 | -€92,697 | -€275,139 | -€182,442 | -196.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€92,697 | -€275,139 | -€182,442 | -196.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.