LEGLISAGRI: 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.
LEGLISAGRI
Largest movements
- Tangible fixed assets -€129,652
down €129,652 (-28.7%), from €451,611 to €321,960
of which Furniture and vehicles: -€87,617
- Receivables within one year +€38,937
up €38,937 (+23.6%), from €164,688 to €203,626
of which Trade receivables: +€37,868
- Cash -€16,085
no longer reported in 2025 (was €16,085)
mainly Net result for the year (-€141,720) and Receivables within one year (-€38,937)
- Reserves -€153,826
down €153,826 (-99.6%), from €154,500 to €674
of which Distributable reserves: -€153,826
- Profit (loss) carried forward +€104,778
up €104,778 (+37.1%), from -€282,337 to -€177,559
- Revaluation surpluses -€92,671
down €92,671 (-33.3%), from €278,011 to €185,340
- Trade debts +€27,660
up €27,660 (+65.8%), from €42,067 to €69,728
- Short-term financial debts +€25,000
new in 2025: €25,000
- Gross operating margin -€5,379
down €5,379 (-16.3%), from €33,011 to €27,632
- Financial income -€4,764
no longer reported in 2025 (was €4,764)
of which Financial income: -€4,764
- Financial charges +€4,227
up €4,227 (+230.6%), from €1,833 to €6,059
- Depreciation -€3,661
down €3,661 (-2.2%), from €166,473 to €162,812
- Other operating charges -€765
down €765 (-61.4%), from €1,246 to €481
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 | €632,584 | €532,075 | -€100,510 | -15.9% |
| Fixed assets | 21/28 | €451,811 | €322,160 | -€129,652 | -28.7% |
| Tangible fixed assets | 22/27 | €451,611 | €321,960 | -€129,652 | -28.7% |
| Plant, machinery and equipment | 23 | €205,598 | €168,613 | -€36,985 | -18.0% |
| Furniture and vehicles | 24 | €225,648 | €138,031 | -€87,617 | -38.8% |
| Leasing and similar rights | 25 | €20,366 | €15,316 | -€5,050 | -24.8% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €180,773 | €209,915 | +€29,142 | +16.1% |
| Amounts receivable within one year | 40/41 | €164,688 | €203,626 | +€38,937 | +23.6% |
| Trade receivables | 40 | €163,216 | €201,084 | +€37,868 | +23.2% |
| Other amounts receivable | 41 | €1,473 | €2,542 | +€1,069 | +72.6% |
| Cash at bank and in hand | 54/58 | €16,085 | - | -€16,085 | |
| Deferred charges and accrued income | 490/1 | €0 | €6,289 | +€6,289 | |
| Total equity and liabilities | 10/49 | €632,584 | €532,075 | -€100,510 | -15.9% |
| Equity | 10/15 | €156,119 | €14,400 | -€141,720 | -90.8% |
| Contributions | 10/11 | €5,945 | €5,945 | = | 0.0% |
| Revaluation surpluses | 12 | €278,011 | €185,340 | -€92,671 | -33.3% |
| Reserves | 13 | €154,500 | €674 | -€153,826 | -99.6% |
| Non-distributable reserves | 130/1 | €674 | €674 | = | 0.0% |
| Reserves not available under the articles | 1311 | €674 | €674 | = | 0.0% |
| Distributable reserves | 133 | €153,826 | - | -€153,826 | |
| Profit (loss) carried forward | 14 | -€282,337 | -€177,559 | +€104,778 | +37.1% |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €476,465 | €517,675 | +€41,210 | +8.6% |
| Amounts payable after more than one year | 17 | €67,383 | €75,837 | +€8,454 | +12.5% |
| Financial debts | 170/4 | €67,383 | €75,837 | +€8,454 | +12.5% |
| Amounts payable within one year | 42/48 | €408,329 | €438,642 | +€30,314 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €49,101 | €25,119 | -€23,982 | -48.8% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Credit institutions | 430/8 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €42,067 | €69,728 | +€27,660 | +65.8% |
| Suppliers | 440/4 | €42,067 | €69,728 | +€27,660 | +65.8% |
| Taxes, remuneration and social security | 45 | €238 | €238 | = | 0.0% |
| Taxes | 450/3 | €238 | €238 | = | 0.0% |
| Other amounts payable | 47/48 | €316,922 | €318,557 | +€1,635 | +0.5% |
| Accrued charges and deferred income | 492/3 | €753 | €3,196 | +€2,443 | +324.4% |
| Remuneration, social security and pensions | 62 | €314 | - | -€314 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €166,473 | €162,812 | -€3,661 | -2.2% |
| Other operating charges | 640/8 | €1,246 | €481 | -€765 | -61.4% |
| Gross operating margin | 9900 | €33,011 | €27,632 | -€5,379 | -16.3% |
| Operating profit (loss) | 9901 | -€135,021 | -€135,660 | -€639 | -0.5% |
| Financial income | 75/76B | €4,764 | - | -€4,764 | |
| Recurring financial income | 75 | €4,764 | - | -€4,764 | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €1,833 | €6,059 | +€4,227 | +230.6% |
| Recurring financial charges | 65 | €1,833 | €6,059 | +€4,227 | +230.6% |
| Profit (loss) for the period before taxes | 9903 | -€132,089 | -€141,720 | -€9,630 | -7.3% |
| Income taxes | 67/77 | €238 | - | -€238 | |
| Profit (loss) for the period | 9904 | -€132,327 | -€141,720 | -€9,392 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€132,327 | -€141,720 | -€9,392 | -7.1% |
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 9 October 2026 via checked.be.