Legrand Serge: 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 Serge
Largest movements
- Cash +€6,052
up €6,052 (+25.8%), from €23,420 to €29,472
mainly Net result for the year (+€9,377) and Depreciation (+€4,926)
- Tangible fixed assets -€4,926
down €4,926 (-13.0%), from €37,879 to €32,953
of which Furniture and vehicles: -€2,469
- Stocks and contracts -€1,264
down €1,264 (-66.8%), from €1,893 to €629
- Profit (loss) carried forward +€9,377
up €9,377, from -€2,451 to €6,926
- Other debts -€7,451
down €7,451 (-60.4%), from €12,334 to €4,883
- Trade debts -€1,767
down €1,767 (-22.5%), from €7,845 to €6,078
- Gross operating margin -€7,601
down €7,601 (-27.2%), from €27,912 to €20,311
- Taxes +€1,944
up €1,944 (+540%), from €360 to €2,304
- Depreciation -€570
down €570 (-10.4%), from €5,496 to €4,926
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,517 | €63,910 | +€393 | +0.6% |
| Fixed assets | 21/28 | €37,879 | €32,953 | -€4,926 | -13.0% |
| Tangible fixed assets | 22/27 | €37,879 | €32,953 | -€4,926 | -13.0% |
| Land and buildings | 22 | €34,748 | €32,290 | -€2,458 | -7.1% |
| Furniture and vehicles | 24 | €3,132 | €663 | -€2,469 | -78.8% |
| Current assets | 29/58 | €25,637 | €30,957 | +€5,319 | +20.7% |
| Stocks and contracts in progress | 3 | €1,893 | €629 | -€1,264 | -66.8% |
| Stocks | 30/36 | €1,893 | €629 | -€1,264 | -66.8% |
| Amounts receivable within one year | 40/41 | - | €463 | +€463 | |
| Trade receivables | 40 | - | €38 | +€38 | |
| Other amounts receivable | 41 | - | €426 | +€426 | |
| Cash at bank and in hand | 54/58 | €23,420 | €29,472 | +€6,052 | +25.8% |
| Deferred charges and accrued income | 490/1 | €324 | €392 | +€67 | +20.8% |
| Total equity and liabilities | 10/49 | €63,517 | €63,910 | +€393 | +0.6% |
| Equity | 10/15 | €42,009 | €51,386 | +€9,377 | +22.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,860 | €25,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,451 | €6,926 | +€9,377 | |
| Amounts payable | 17/49 | €21,507 | €12,523 | -€8,984 | -41.8% |
| Amounts payable within one year | 42/48 | €21,507 | €12,523 | -€8,984 | -41.8% |
| Trade debts | 44 | €7,845 | €6,078 | -€1,767 | -22.5% |
| Suppliers | 440/4 | €7,845 | €6,078 | -€1,767 | -22.5% |
| Taxes, remuneration and social security | 45 | €1,329 | €1,563 | +€234 | +17.6% |
| Taxes | 450/3 | €1,329 | €1,563 | +€234 | +17.6% |
| Other amounts payable | 47/48 | €12,334 | €4,883 | -€7,451 | -60.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,496 | €4,926 | -€570 | -10.4% |
| Other operating charges | 640/8 | €3,435 | €3,564 | +€128 | +3.7% |
| Gross operating margin | 9900 | €27,912 | €20,311 | -€7,601 | -27.2% |
| Operating profit (loss) | 9901 | €18,981 | €11,821 | -€7,160 | -37.7% |
| Financial income | 75/76B | €2 | €0 | -€2 | -99.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -99.0% |
| Financial charges | 65/66B | €142 | €140 | -€2 | -1.3% |
| Recurring financial charges | 65 | €142 | €140 | -€2 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €18,841 | €11,681 | -€7,160 | -38.0% |
| Income taxes | 67/77 | €360 | €2,304 | +€1,944 | +540% |
| Profit (loss) for the period | 9904 | €18,481 | €9,377 | -€9,104 | -49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,481 | €9,377 | -€9,104 | -49.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.