LEGRAND MAUREEN: 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.
LEGRAND MAUREEN
Largest movements
- Intangible fixed assets -€10,000
down €10,000 (-21.0%), from €47,691 to €37,691
- Receivables within one year -€4,121
down €4,121 (-33.8%), from €12,181 to €8,060
of which Trade receivables: -€4,512
- Cash -€3,195
down €3,195 (-29.3%), from €10,906 to €7,711
mainly Debts after one year (-€14,641) and Net result for the year (-€4,714)
- Deferred charges and accrued income -€1,761
down €1,761 (-68.7%), from €2,564 to €804
- Tangible fixed assets -€1,450
down €1,450 (-28.8%), from €5,028 to €3,578
- Debts after one year -€14,641
down €14,641 (-59.8%), from €24,489 to €9,848
- Profit (loss) carried forward -€4,714
down €4,714 (-148%), from -€3,182 to -€7,896
- Other debts -€2,462
down €2,462 (-70.4%), from €3,498 to €1,036
- Accrued charges and deferred income +€799
new in 2025: €799
- Gross operating margin -€9,708
down €9,708 (-53.3%), from €18,228 to €8,520
- Taxes -€603
down €603 (-58.7%), from €1,028 to €425
- Depreciation -€538
down €538 (-4.5%), from €11,988 to €11,450
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 | €78,370 | €57,844 | -€20,526 | -26.2% |
| Fixed assets | 21/28 | €52,719 | €41,270 | -€11,450 | -21.7% |
| Intangible fixed assets | 21 | €47,691 | €37,691 | -€10,000 | -21.0% |
| Tangible fixed assets | 22/27 | €5,028 | €3,578 | -€1,450 | -28.8% |
| Furniture and vehicles | 24 | €5,028 | €3,578 | -€1,450 | -28.8% |
| Current assets | 29/58 | €25,651 | €16,574 | -€9,077 | -35.4% |
| Amounts receivable within one year | 40/41 | €12,181 | €8,060 | -€4,121 | -33.8% |
| Trade receivables | 40 | €8,932 | €4,420 | -€4,512 | -50.5% |
| Other amounts receivable | 41 | €3,249 | €3,640 | +€391 | +12.0% |
| Cash at bank and in hand | 54/58 | €10,906 | €7,711 | -€3,195 | -29.3% |
| Deferred charges and accrued income | 490/1 | €2,564 | €804 | -€1,761 | -68.7% |
| Total equity and liabilities | 10/49 | €78,370 | €57,844 | -€20,526 | -26.2% |
| Equity | 10/15 | €35,178 | €30,464 | -€4,714 | -13.4% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €34,860 | €34,860 | = | 0.0% |
| Distributable reserves | 133 | €34,860 | €34,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,182 | -€7,896 | -€4,714 | -148% |
| Amounts payable | 17/49 | €43,192 | €27,380 | -€15,812 | -36.6% |
| Amounts payable after more than one year | 17 | €24,489 | €9,848 | -€14,641 | -59.8% |
| Financial debts | 170/4 | €24,489 | €9,848 | -€14,641 | -59.8% |
| Amounts payable within one year | 42/48 | €18,703 | €16,734 | -€1,970 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €14,486 | €14,641 | +€155 | +1.1% |
| Trade debts | 44 | €719 | €1,056 | +€337 | +47.0% |
| Suppliers | 440/4 | €719 | €1,056 | +€337 | +47.0% |
| Other amounts payable | 47/48 | €3,498 | €1,036 | -€2,462 | -70.4% |
| Accrued charges and deferred income | 492/3 | - | €799 | +€799 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,988 | €11,450 | -€538 | -4.5% |
| Other operating charges | 640/8 | €912 | €800 | -€112 | -12.3% |
| Gross operating margin | 9900 | €18,228 | €8,520 | -€9,708 | -53.3% |
| Operating profit (loss) | 9901 | €5,328 | -€3,729 | -€9,057 | |
| Financial charges | 65/66B | €722 | €560 | -€162 | -22.5% |
| Recurring financial charges | 65 | €722 | €560 | -€162 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €4,606 | -€4,289 | -€8,895 | |
| Income taxes | 67/77 | €1,028 | €425 | -€603 | -58.7% |
| Profit (loss) for the period | 9904 | €3,578 | -€4,714 | -€8,292 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,578 | -€4,714 | -€8,292 |
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 15 October 2026 via checked.be.