Legitax: 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.
Legitax
Largest movements
- Cash +€16,980
up €16,980 (+84.1%), from €20,182 to €37,162
mainly Net result for the year (+€28,952) and Depreciation (+€12,433)
- Tangible fixed assets -€4,163
down €4,163 (-1.6%), from €255,969 to €251,806
of which Land and buildings: -€5,666
- Receivables within one year +€3,821
up €3,821 (+37.8%), from €10,097 to €13,918
- Reserves +€29,000
up €29,000 (+80.6%), from €36,000 to €65,000
- Debts after one year -€8,334
down €8,334 (-3.7%), from €224,622 to €216,289
- Tax, wage and social debts -€6,808
down €6,808 (-65.6%), from €10,374 to €3,566
of which Taxes: -€8,452
- Gross operating margin -€23,332
down €23,332 (-27.6%), from €84,413 to €61,081
- Depreciation -€23,144
down €23,144 (-65.1%), from €35,578 to €12,433
- Financial charges +€1,128
up €1,128 (+12.5%), from €9,015 to €10,144
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 | €289,056 | €304,839 | +€15,783 | +5.5% |
| Fixed assets | 21/28 | €255,969 | €251,806 | -€4,163 | -1.6% |
| Tangible fixed assets | 22/27 | €255,969 | €251,806 | -€4,163 | -1.6% |
| Land and buildings | 22 | €215,125 | €209,459 | -€5,666 | -2.6% |
| Plant, machinery and equipment | 23 | €37,585 | €39,086 | +€1,500 | +4.0% |
| Furniture and vehicles | 24 | €1,724 | €3,261 | +€1,537 | +89.1% |
| Assets under construction and advance payments | 27 | €1,534 | - | -€1,534 | |
| Current assets | 29/58 | €33,087 | €53,033 | +€19,946 | +60.3% |
| Amounts receivable within one year | 40/41 | €10,097 | €13,918 | +€3,821 | +37.8% |
| Trade receivables | 40 | €10,097 | €13,918 | +€3,821 | +37.8% |
| Cash at bank and in hand | 54/58 | €20,182 | €37,162 | +€16,980 | +84.1% |
| Deferred charges and accrued income | 490/1 | €2,808 | €1,953 | -€855 | -30.5% |
| Total equity and liabilities | 10/49 | €289,056 | €304,839 | +€15,783 | +5.5% |
| Equity | 10/15 | €39,896 | €68,848 | +€28,952 | +72.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €36,000 | €65,000 | +€29,000 | +80.6% |
| Distributable reserves | 133 | €36,000 | €65,000 | +€29,000 | +80.6% |
| Profit (loss) carried forward | 14 | €896 | €848 | -€48 | -5.3% |
| Amounts payable | 17/49 | €249,160 | €235,991 | -€13,170 | -5.3% |
| Amounts payable after more than one year | 17 | €224,622 | €216,289 | -€8,334 | -3.7% |
| Financial debts | 170/4 | €224,622 | €216,289 | -€8,334 | -3.7% |
| Amounts payable within one year | 42/48 | €22,240 | €19,702 | -€2,538 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €7,983 | €9,848 | +€1,866 | +23.4% |
| Trade debts | 44 | €1,188 | €1,701 | +€513 | +43.2% |
| Suppliers | 440/4 | €1,188 | €1,701 | +€513 | +43.2% |
| Taxes, remuneration and social security | 45 | €10,374 | €3,566 | -€6,808 | -65.6% |
| Taxes | 450/3 | €10,374 | €1,922 | -€8,452 | -81.5% |
| Remuneration and social security | 454/9 | - | €1,644 | +€1,644 | |
| Other amounts payable | 47/48 | €2,695 | €4,587 | +€1,892 | +70.2% |
| Accrued charges and deferred income | 492/3 | €2,298 | - | -€2,298 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,578 | €12,433 | -€23,144 | -65.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €36 | - | -€36 | |
| Other operating charges | 640/8 | €371 | €731 | +€360 | +96.8% |
| Gross operating margin | 9900 | €84,413 | €61,081 | -€23,332 | -27.6% |
| Operating profit (loss) | 9901 | €48,428 | €47,917 | -€511 | -1.1% |
| Financial income | 75/76B | - | €195 | +€195 | |
| Recurring financial income | 75 | - | €195 | +€195 | |
| Financial charges | 65/66B | €9,015 | €10,144 | +€1,128 | +12.5% |
| Recurring financial charges | 65 | €9,015 | €10,144 | +€1,128 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €39,412 | €37,968 | -€1,445 | -3.7% |
| Income taxes | 67/77 | €8,797 | €9,015 | +€218 | +2.5% |
| Profit (loss) for the period | 9904 | €30,615 | €28,952 | -€1,663 | -5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,615 | €28,952 | -€1,663 | -5.4% |
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 6 October 2026 via checked.be.