LEGRAND BENOIT: 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 BENOIT
Largest movements
- Tangible fixed assets -€3,732
down €3,732 (-25.3%), from €14,763 to €11,032
of which Furniture and vehicles: -€2,064
- Cash -€3,520
down €3,520 (-9.7%), from €36,108 to €32,588
mainly Tax, wage and social debts (-€3,500) and Trade debts (-€2,078)
- Tax, wage and social debts -€3,500
no longer reported in 2025 (was €3,500)
- Trade debts -€2,078
down €2,078 (-83.5%), from €2,487 to €409
- Financial charges +€3,830
up €3,830 (+409.9%), from €934 to €4,765
of which Non-recurring financial charges: +€3,963
- Gross operating margin +€1,143
up €1,143 (+14.0%), from €8,134 to €9,276
- Depreciation +€1,142
up €1,142 (+44.1%), from €2,589 to €3,732
- Taxes +€795
up €795 (+351.7%), from €226 to €1,022
- Staff costs +€522
up €522, from -€185 to €337
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 | €147,633 | €139,808 | -€7,826 | -5.3% |
| Fixed assets | 21/28 | €14,943 | €11,032 | -€3,912 | -26.2% |
| Tangible fixed assets | 22/27 | €14,763 | €11,032 | -€3,732 | -25.3% |
| Plant, machinery and equipment | 23 | €1,556 | €1,133 | -€422 | -27.1% |
| Furniture and vehicles | 24 | €6,071 | €4,007 | -€2,064 | -34.0% |
| Other tangible fixed assets | 26 | €7,136 | €5,892 | -€1,245 | -17.4% |
| Financial fixed assets | 28 | €180 | - | -€180 | |
| Current assets | 29/58 | €132,690 | €128,776 | -€3,914 | -2.9% |
| Amounts receivable within one year | 40/41 | €95,424 | €94,153 | -€1,271 | -1.3% |
| Trade receivables | 40 | €4,568 | €1,000 | -€3,568 | -78.1% |
| Other amounts receivable | 41 | €90,857 | €93,153 | +€2,297 | +2.5% |
| Cash at bank and in hand | 54/58 | €36,108 | €32,588 | -€3,520 | -9.7% |
| Deferred charges and accrued income | 490/1 | €1,158 | €2,035 | +€876 | +75.7% |
| Total equity and liabilities | 10/49 | €147,633 | €139,808 | -€7,826 | -5.3% |
| Equity | 10/15 | €140,486 | €139,131 | -€1,356 | -1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €121,886 | €120,531 | -€1,356 | -1.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €120,026 | €118,671 | -€1,356 | -1.1% |
| Amounts payable | 17/49 | €7,147 | €677 | -€6,470 | -90.5% |
| Amounts payable within one year | 42/48 | €5,987 | €409 | -€5,578 | -93.2% |
| Trade debts | 44 | €2,487 | €409 | -€2,078 | -83.5% |
| Suppliers | 440/4 | €2,487 | €409 | -€2,078 | -83.5% |
| Taxes, remuneration and social security | 45 | €3,500 | - | -€3,500 | |
| Taxes | 450/3 | €3,500 | - | -€3,500 | |
| Accrued charges and deferred income | 492/3 | €1,160 | €268 | -€892 | -76.9% |
| Remuneration, social security and pensions | 62 | -€185 | €337 | +€522 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,589 | €3,732 | +€1,142 | +44.1% |
| Other operating charges | 640/8 | €520 | €534 | +€14 | +2.7% |
| Non-recurring operating charges | 66A | €8,223 | €429 | -€7,794 | -94.8% |
| Gross operating margin | 9900 | €8,134 | €9,276 | +€1,143 | +14.0% |
| Operating profit (loss) | 9901 | -€3,013 | €4,246 | +€7,259 | |
| Financial income | 75/76B | €203 | €185 | -€17 | -8.6% |
| Recurring financial income | 75 | €198 | €185 | -€13 | -6.5% |
| Non-recurring financial income | 76B | €5 | €0 | -€5 | -96.8% |
| Financial charges | 65/66B | €934 | €4,765 | +€3,830 | +409.9% |
| Recurring financial charges | 65 | €934 | €802 | -€132 | -14.2% |
| Non-recurring financial charges | 66B | - | €3,963 | +€3,963 | |
| Profit (loss) for the period before taxes | 9903 | -€3,745 | -€334 | +€3,411 | +91.1% |
| Income taxes | 67/77 | €226 | €1,022 | +€795 | +351.7% |
| Profit (loss) for the period | 9904 | -€3,971 | -€1,356 | +€2,616 | +65.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,971 | -€1,356 | +€2,616 | +65.9% |
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 2 October 2026 via checked.be.