LEGY: 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.
LEGY
Largest movements
- Tangible fixed assets -€31,882
down €31,882 (-15.5%), from €206,267 to €174,386
of which Furniture and vehicles: -€18,199
- Cash -€5,354
down €5,354 (-30.2%), from €17,737 to €12,383
mainly Net result for the year (-€32,869) and Debts after one year (-€14,955)
- Receivables within one year -€4,063
down €4,063 (-42.7%), from €9,524 to €5,461
of which Trade receivables: -€3,011
- Profit (loss) carried forward -€29,659
down €29,659 (-442%), from -€6,713 to -€36,371
- Debts after one year -€14,955
down €14,955 (-32.8%), from €45,582 to €30,627
- Reserves -€3,211
down €3,211 (-25.6%), from €12,560 to €9,349
of which Tax-exempt reserves: -€3,211
- Accrued charges and deferred income +€3,149
new in 2025: €3,149
- Advances received +€2,685
new in 2025: €2,685
- Gross operating margin -€19,565
down €19,565 (-75.8%), from €25,817 to €6,253
- Write-downs -€5,445
down €5,445, from €2,723 to -€2,723
- Other operating charges +€3,259
up €3,259 (+67.9%), from €4,799 to €8,058
- Financial charges +€1,181
up €1,181 (+66.0%), from €1,790 to €2,971
- Financial income -€703
down €703 (-99.3%), from €709 to €5
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 | €233,528 | €192,230 | -€41,299 | -17.7% |
| Fixed assets | 21/28 | €206,267 | €174,386 | -€31,882 | -15.5% |
| Tangible fixed assets | 22/27 | €206,267 | €174,386 | -€31,882 | -15.5% |
| Land and buildings | 22 | €144,086 | €130,404 | -€13,682 | -9.5% |
| Furniture and vehicles | 24 | €18,803 | €604 | -€18,199 | -96.8% |
| Other tangible fixed assets | 26 | €43,378 | €43,378 | = | 0.0% |
| Current assets | 29/58 | €27,261 | €17,844 | -€9,417 | -34.5% |
| Amounts receivable within one year | 40/41 | €9,524 | €5,461 | -€4,063 | -42.7% |
| Trade receivables | 40 | €8,473 | €5,461 | -€3,011 | -35.5% |
| Other amounts receivable | 41 | €1,052 | - | -€1,052 | |
| Cash at bank and in hand | 54/58 | €17,737 | €12,383 | -€5,354 | -30.2% |
| Total equity and liabilities | 10/49 | €233,528 | €192,230 | -€41,299 | -17.7% |
| Equity | 10/15 | €6,097 | -€26,772 | -€32,869 | |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Reserves | 13 | €12,560 | €9,349 | -€3,211 | -25.6% |
| Tax-exempt reserves | 132 | €3,211 | - | -€3,211 | |
| Distributable reserves | 133 | €9,349 | €9,349 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,713 | -€36,371 | -€29,659 | -442% |
| Provisions and deferred taxes | 16 | €1,653 | - | -€1,653 | |
| Deferred taxes | 168 | €1,653 | - | -€1,653 | |
| Amounts payable | 17/49 | €225,778 | €219,002 | -€6,776 | -3.0% |
| Amounts payable after more than one year | 17 | €45,582 | €30,627 | -€14,955 | -32.8% |
| Financial debts | 170/4 | €45,582 | €30,627 | -€14,955 | -32.8% |
| Amounts payable within one year | 42/48 | €180,195 | €185,226 | +€5,031 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €14,676 | €14,955 | +€280 | +1.9% |
| Trade debts | 44 | €4,576 | €4,312 | -€264 | -5.8% |
| Suppliers | 440/4 | €4,576 | €4,312 | -€264 | -5.8% |
| Advances received on contracts in progress | 46 | - | €2,685 | +€2,685 | |
| Taxes, remuneration and social security | 45 | €537 | €1,754 | +€1,216 | +226% |
| Taxes | 450/3 | €537 | €1,754 | +€1,216 | +226% |
| Other amounts payable | 47/48 | €160,406 | €161,520 | +€1,114 | +0.7% |
| Accrued charges and deferred income | 492/3 | - | €3,149 | +€3,149 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,882 | €31,882 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,723 | -€2,723 | -€5,445 | |
| Other operating charges | 640/8 | €4,799 | €8,058 | +€3,259 | +67.9% |
| Gross operating margin | 9900 | €25,817 | €6,253 | -€19,565 | -75.8% |
| Operating profit (loss) | 9901 | -€13,586 | -€30,964 | -€17,378 | -128% |
| Financial income | 75/76B | €709 | €5 | -€703 | -99.3% |
| Recurring financial income | 75 | €709 | €5 | -€703 | -99.3% |
| Financial charges | 65/66B | €1,790 | €2,971 | +€1,181 | +66.0% |
| Recurring financial charges | 65 | €1,790 | €2,971 | +€1,181 | +66.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,667 | -€33,930 | -€19,263 | -131% |
| Transfer from deferred taxes | 780 | €2,886 | €1,653 | -€1,233 | -42.7% |
| Income taxes | 67/77 | €537 | €593 | +€56 | +10.3% |
| Profit (loss) for the period | 9904 | -€12,318 | -€32,869 | -€20,551 | -167% |
| Transfer from tax-exempt reserves | 789 | €5,606 | €3,211 | -€2,395 | -42.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,713 | -€29,659 | -€22,946 | -342% |
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 26 October 2026 via checked.be.