LEGRAND & PARTNER: 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 & PARTNER
Largest movements
- Deferred charges and accrued income -€17,023
down €17,023 (-72.4%), from €23,509 to €6,485
- Tangible fixed assets -€16,228
down €16,228 (-48.9%), from €33,206 to €16,978
of which Furniture and vehicles: -€15,526
- Cash +€15,530
up €15,530 (+62.9%), from €24,687 to €40,217
mainly Deferred charges and accrued income (+€17,023) and Debts after one year (+€14,278)
- Stocks and contracts +€10,454
up €10,454 (+4.4%), from €239,512 to €249,967
- Tax, wage and social debts -€25,226
down €25,226 (-21.6%), from €116,952 to €91,726
of which Taxes: -€15,619
- Current portion of long-term debt -€20,754
down €20,754 (-45.1%), from €46,053 to €25,299
- Debts after one year +€14,278
up €14,278 (+10.3%), from €138,374 to €152,652
- Trade debts +€13,644
up €13,644 (+21.0%), from €65,052 to €78,696
- Financial charges -€12,675
down €12,675 (-41.7%), from €30,402 to €17,727
of which Financial charges: -€16,742
- Other operating charges +€12,427
up €12,427 (+707.4%), from €1,757 to €14,183
- Taxes -€9,283
down €9,283, from €9,119 to -€164
- Gross operating margin +€7,435
up €7,435 (+5.8%), from €127,926 to €135,361
- Depreciation -€5,504
down €5,504 (-64.2%), from €8,573 to €3,069
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €504,560 | €492,134 | -€12,427 | -2.5% |
| Fixed assets | 21/28 | €33,206 | €16,978 | -€16,228 | -48.9% |
| Tangible fixed assets | 22/27 | €33,206 | €16,978 | -€16,228 | -48.9% |
| Plant, machinery and equipment | 23 | €2,789 | €2,088 | -€702 | -25.2% |
| Furniture and vehicles | 24 | €30,417 | €14,890 | -€15,526 | -51.0% |
| Current assets | 29/58 | €471,354 | €475,156 | +€3,801 | +0.8% |
| Stocks and contracts in progress | 3 | €239,512 | €249,967 | +€10,454 | +4.4% |
| Stocks | 30/36 | €239,512 | €249,967 | +€10,454 | +4.4% |
| Amounts receivable within one year | 40/41 | €180,478 | €176,830 | -€3,648 | -2.0% |
| Trade receivables | 40 | €180,478 | €176,665 | -€3,813 | -2.1% |
| Other amounts receivable | 41 | €0 | €165 | +€165 | +164660.0% |
| Current investments | 50/53 | €3,169 | €1,657 | -€1,511 | -47.7% |
| Cash at bank and in hand | 54/58 | €24,687 | €40,217 | +€15,530 | +62.9% |
| Deferred charges and accrued income | 490/1 | €23,509 | €6,485 | -€17,023 | -72.4% |
| Total equity and liabilities | 10/49 | €504,560 | €492,134 | -€12,427 | -2.5% |
| Equity | 10/15 | €138,130 | €140,457 | +€2,327 | +1.7% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €96,714 | €96,714 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,632 | €7,632 | = | 0.0% |
| Distributable reserves | 133 | €86,603 | €86,603 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,626 | €18,954 | +€2,327 | +14.0% |
| Amounts payable | 17/49 | €366,430 | €351,677 | -€14,754 | -4.0% |
| Amounts payable after more than one year | 17 | €138,374 | €152,652 | +€14,278 | +10.3% |
| Financial debts | 170/4 | €138,374 | €152,652 | +€14,278 | +10.3% |
| Amounts payable within one year | 42/48 | €228,057 | €199,025 | -€29,031 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €46,053 | €25,299 | -€20,754 | -45.1% |
| Trade debts | 44 | €65,052 | €78,696 | +€13,644 | +21.0% |
| Suppliers | 440/4 | €65,052 | €78,696 | +€13,644 | +21.0% |
| Taxes, remuneration and social security | 45 | €116,952 | €91,726 | -€25,226 | -21.6% |
| Taxes | 450/3 | €98,343 | €82,724 | -€15,619 | -15.9% |
| Remuneration and social security | 454/9 | €18,609 | €9,002 | -€9,607 | -51.6% |
| Other amounts payable | 47/48 | - | €3,305 | +€3,305 | |
| Remuneration, social security and pensions | 62 | €102,367 | €98,068 | -€4,298 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,573 | €3,069 | -€5,504 | -64.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,702 | - | +€4,702 | |
| Other operating charges | 640/8 | €1,757 | €14,183 | +€12,427 | +707.4% |
| Non-recurring operating charges | 66A | €16,348 | €474 | -€15,875 | -97.1% |
| Gross operating margin | 9900 | €127,926 | €135,361 | +€7,435 | +5.8% |
| Operating profit (loss) | 9901 | €3,583 | €19,567 | +€15,984 | +446.1% |
| Financial income | 75/76B | €4,487 | €323 | -€4,164 | -92.8% |
| Recurring financial income | 75 | €4,487 | €323 | -€4,164 | -92.8% |
| Financial charges | 65/66B | €30,402 | €17,727 | -€12,675 | -41.7% |
| Recurring financial charges | 65 | €30,402 | €13,659 | -€16,742 | -55.1% |
| Non-recurring financial charges | 66B | - | €4,068 | +€4,068 | |
| Profit (loss) for the period before taxes | 9903 | -€22,331 | €2,163 | +€24,494 | |
| Income taxes | 67/77 | €9,119 | -€164 | -€9,283 | |
| Profit (loss) for the period | 9904 | -€31,450 | €2,327 | +€33,777 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,450 | €2,327 | +€33,777 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.