LEGRAND: 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.
LEGRAND
Largest movements
- Stocks and contracts -€72,679
down €72,679 (-37.3%), from €194,937 to €122,258
- Deferred charges and accrued income -€24,684
down €24,684 (-92.8%), from €26,586 to €1,903
- Cash +€20,230
up €20,230 (+388.6%), from €5,205 to €25,435
mainly Stocks and contracts (+€72,679) and Net result for the year (+€36,565)
- Receivables within one year +€12,241
up €12,241 (+11.9%), from €103,258 to €115,499
of which Other amounts receivable: +€12,414
- Advances received -€68,022
down €68,022 (-100.0%), from €68,022 to €0
- Trade debts -€34,023
down €34,023 (-28.1%), from €121,280 to €87,256
- Reserves +€22,995
up €22,995 (+25.9%), from €88,735 to €111,731
- Profit (loss) carried forward +€8,082
up €8,082, from -€8,079 to €3
- Other debts +€6,842
up €6,842 (+486.0%), from €1,408 to €8,250
- Gross operating margin -€88,051
down €88,051 (-59.2%), from €148,713 to €60,661
- Taxes +€16,417
up €16,417 (+6969.9%), from €236 to €16,652
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 | €359,445 | €295,361 | -€64,084 | -17.8% |
| Fixed assets | 21/28 | €29,458 | €30,266 | +€808 | +2.7% |
| Tangible fixed assets | 22/27 | €29,458 | €30,266 | +€808 | +2.7% |
| Land and buildings | 22 | €24,574 | €24,020 | -€555 | -2.3% |
| Plant, machinery and equipment | 23 | €4,884 | €6,246 | +€1,363 | +27.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €329,987 | €265,095 | -€64,892 | -19.7% |
| Stocks and contracts in progress | 3 | €194,937 | €122,258 | -€72,679 | -37.3% |
| Stocks | 30/36 | €194,937 | €122,258 | -€72,679 | -37.3% |
| Amounts receivable within one year | 40/41 | €103,258 | €115,499 | +€12,241 | +11.9% |
| Trade receivables | 40 | €102,191 | €102,019 | -€172 | -0.2% |
| Other amounts receivable | 41 | €1,067 | €13,480 | +€12,414 | +1163.7% |
| Cash at bank and in hand | 54/58 | €5,205 | €25,435 | +€20,230 | +388.6% |
| Deferred charges and accrued income | 490/1 | €26,586 | €1,903 | -€24,684 | -92.8% |
| Total equity and liabilities | 10/49 | €359,445 | €295,361 | -€64,084 | -17.8% |
| Equity | 10/15 | €155,157 | €186,234 | +€31,077 | +20.0% |
| Contributions | 10/11 | €74,500 | €74,500 | = | 0.0% |
| Reserves | 13 | €88,735 | €111,731 | +€22,995 | +25.9% |
| Distributable reserves | 133 | €88,735 | €111,731 | +€22,995 | +25.9% |
| Profit (loss) carried forward | 14 | -€8,079 | €3 | +€8,082 | |
| Amounts payable | 17/49 | €204,288 | €109,127 | -€95,161 | -46.6% |
| Amounts payable within one year | 42/48 | €193,345 | €102,045 | -€91,301 | -47.2% |
| Trade debts | 44 | €121,280 | €87,256 | -€34,023 | -28.1% |
| Suppliers | 440/4 | €121,280 | €87,256 | -€34,023 | -28.1% |
| Advances received on contracts in progress | 46 | €68,022 | €0 | -€68,022 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,636 | €6,538 | +€3,903 | +148.1% |
| Taxes | 450/3 | €2,636 | €6,538 | +€3,903 | +148.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,408 | €8,250 | +€6,842 | +486.0% |
| Accrued charges and deferred income | 492/3 | €10,943 | €7,082 | -€3,860 | -35.3% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Remuneration, social security and pensions | 62 | - | €4 | +€4 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,991 | €4,772 | -€219 | -4.4% |
| Other operating charges | 640/8 | €2,949 | €2,790 | -€159 | -5.4% |
| Non-recurring operating charges | 66A | €110 | €0 | -€110 | -100.0% |
| Gross operating margin | 9900 | €148,713 | €60,661 | -€88,051 | -59.2% |
| Operating profit (loss) | 9901 | €140,663 | €53,096 | -€87,567 | -62.3% |
| Financial income | 75/76B | €0 | €266 | +€266 | +444000.0% |
| Recurring financial income | 75 | €0 | €266 | +€266 | +444000.0% |
| Financial charges | 65/66B | €762 | €145 | -€618 | -81.0% |
| Recurring financial charges | 65 | €762 | €145 | -€618 | -81.0% |
| Profit (loss) for the period before taxes | 9903 | €139,901 | €53,218 | -€86,683 | -62.0% |
| Income taxes | 67/77 | €236 | €16,652 | +€16,417 | +6969.9% |
| Profit (loss) for the period | 9904 | €139,665 | €36,565 | -€103,100 | -73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €139,665 | €36,565 | -€103,100 | -73.8% |
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.