LEGITUM LANGUAGE SERVICES: 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.
LEGITUM LANGUAGE SERVICES
Largest movements
- Receivables within one year -€20,491
down €20,491 (-49.4%), from €41,515 to €21,024
of which Trade receivables: -€13,175
- Cash -€2,085
down €2,085 (-47.5%), from €4,393 to €2,308
mainly Trade debts (-€14,471) and Investment in fixed assets (net) (-€9,922)
- Deferred charges and accrued income -€1,117
down €1,117 (-86.3%), from €1,294 to €177
- Trade debts -€14,471
down €14,471 (-51.5%), from €28,112 to €13,641
- Profit (loss) carried forward -€6,264
down €6,264 (-15.1%), from €41,600 to €35,336
- Tax, wage and social debts -€3,573
down €3,573 (-48.8%), from €7,315 to €3,742
of which Remuneration and social security: -€2,200
- Gross operating margin -€14,917
down €14,917 (-78.9%), from €18,906 to €3,989
- Depreciation +€5,536
up €5,536 (+111%), from €5,000 to €10,536
- Taxes -€3,077
no longer reported in 2025 (was €3,077)
- Other operating charges -€886
down €886 (-71.4%), from €1,241 to €354
- Financial income +€619
up €619 (+268%), from €231 to €850
of which Non-recurring financial income: +€812
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.
Derived cash bridge
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 | €83,227 | €58,919 | -€24,308 | -29.2% |
| Fixed assets | 21/28 | €26,525 | €25,910 | -€615 | -2.3% |
| Tangible fixed assets | 22/27 | €26,465 | €25,850 | -€615 | -2.3% |
| Land and buildings | 22 | €17,461 | €13,658 | -€3,803 | -21.8% |
| Plant, machinery and equipment | 23 | €5,201 | €2,621 | -€2,580 | -49.6% |
| Furniture and vehicles | 24 | €3,803 | €9,571 | +€5,768 | +152% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €56,702 | €33,009 | -€23,694 | -41.8% |
| Stocks and contracts in progress | 3 | €9,500 | €9,500 | = | 0.0% |
| Stocks | 30/36 | €9,500 | €9,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,515 | €21,024 | -€20,491 | -49.4% |
| Trade receivables | 40 | €30,235 | €17,060 | -€13,175 | -43.6% |
| Other amounts receivable | 41 | €11,280 | €3,964 | -€7,316 | -64.9% |
| Cash at bank and in hand | 54/58 | €4,393 | €2,308 | -€2,085 | -47.5% |
| Deferred charges and accrued income | 490/1 | €1,294 | €177 | -€1,117 | -86.3% |
| Total equity and liabilities | 10/49 | €83,227 | €58,919 | -€24,308 | -29.2% |
| Equity | 10/15 | €47,800 | €41,536 | -€6,264 | -13.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,600 | €35,336 | -€6,264 | -15.1% |
| Amounts payable | 17/49 | €35,427 | €17,383 | -€18,044 | -50.9% |
| Amounts payable within one year | 42/48 | €35,427 | €17,383 | -€18,044 | -50.9% |
| Trade debts | 44 | €28,112 | €13,641 | -€14,471 | -51.5% |
| Suppliers | 440/4 | €28,112 | €13,641 | -€14,471 | -51.5% |
| Taxes, remuneration and social security | 45 | €7,315 | €3,742 | -€3,573 | -48.8% |
| Taxes | 450/3 | €5,115 | €3,742 | -€1,373 | -26.8% |
| Remuneration and social security | 454/9 | €2,200 | - | -€2,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,000 | €10,536 | +€5,536 | +111% |
| Other operating charges | 640/8 | €1,241 | €354 | -€886 | -71.4% |
| Gross operating margin | 9900 | €18,906 | €3,989 | -€14,917 | -78.9% |
| Operating profit (loss) | 9901 | €12,665 | -€6,902 | -€19,567 | |
| Financial income | 75/76B | €231 | €850 | +€619 | +268% |
| Recurring financial income | 75 | €231 | €38 | -€193 | -83.7% |
| Non-recurring financial income | 76B | - | €812 | +€812 | |
| Financial charges | 65/66B | €192 | €212 | +€20 | +10.6% |
| Recurring financial charges | 65 | €192 | €212 | +€20 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €12,704 | -€6,264 | -€18,968 | |
| Income taxes | 67/77 | €3,077 | - | -€3,077 | |
| Profit (loss) for the period | 9904 | €9,627 | -€6,264 | -€15,892 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,627 | -€6,264 | -€15,892 |
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 18 October 2026 via checked.be.