LIGAL: 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.
LIGAL
Largest movements
- Receivables within one year -€14,629
down €14,629 (-27.8%), from €52,626 to €37,998
of which Trade receivables: -€10,528
- Cash +€11,282
up €11,282 (+118.3%), from €9,536 to €20,818
mainly Receivables within one year (+€14,629) and Net result for the year (+€11,095)
- Tangible fixed assets +€5,633
up €5,633 (+64.7%), from €8,701 to €14,334
of which Furniture and vehicles: +€6,522
- Deferred charges and accrued income +€1,351
up €1,351 (+221.2%), from €611 to €1,962
- Reserves +€11,095
up €11,095 (+48.3%), from €22,992 to €34,086
- Tax, wage and social debts -€10,514
down €10,514 (-71.5%), from €14,696 to €4,182
- Trade debts +€2,879
up €2,879 (+19.8%), from €14,563 to €17,442
- Gross operating margin +€38,796
up €38,796, from -€19,454 to €19,342
- Taxes +€3,355
up €3,355 (+1249.6%), from €268 to €3,623
- Depreciation +€1,940
up €1,940 (+174.4%), from €1,112 to €3,052
- Financial income -€736
down €736 (-42.8%), from €1,720 to €984
- Other operating charges +€368
up €368 (+38.5%), from €956 to €1,323
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 | €71,475 | €75,112 | +€3,637 | +5.1% |
| Fixed assets | 21/28 | €8,701 | €14,334 | +€5,633 | +64.7% |
| Tangible fixed assets | 22/27 | €8,701 | €14,334 | +€5,633 | +64.7% |
| Furniture and vehicles | 24 | €1,027 | €7,549 | +€6,522 | +635.2% |
| Other tangible fixed assets | 26 | €7,675 | €6,785 | -€889 | -11.6% |
| Current assets | 29/58 | €62,773 | €60,778 | -€1,995 | -3.2% |
| Amounts receivable within one year | 40/41 | €52,626 | €37,998 | -€14,629 | -27.8% |
| Trade receivables | 40 | €31,074 | €20,546 | -€10,528 | -33.9% |
| Other amounts receivable | 41 | €21,552 | €17,451 | -€4,101 | -19.0% |
| Cash at bank and in hand | 54/58 | €9,536 | €20,818 | +€11,282 | +118.3% |
| Deferred charges and accrued income | 490/1 | €611 | €1,962 | +€1,351 | +221.2% |
| Total equity and liabilities | 10/49 | €71,475 | €75,112 | +€3,637 | +5.1% |
| Equity | 10/15 | €41,592 | €52,686 | +€11,095 | +26.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,992 | €34,086 | +€11,095 | +48.3% |
| Distributable reserves | 133 | €22,992 | €34,086 | +€11,095 | +48.3% |
| Amounts payable | 17/49 | €29,883 | €22,425 | -€7,458 | -25.0% |
| Amounts payable within one year | 42/48 | €29,769 | €22,343 | -€7,426 | -24.9% |
| Financial debts | 43 | €510 | €720 | +€209 | +41.0% |
| Other loans | 439 | €510 | €720 | +€209 | +41.0% |
| Trade debts | 44 | €14,563 | €17,442 | +€2,879 | +19.8% |
| Suppliers | 440/4 | €14,563 | €17,442 | +€2,879 | +19.8% |
| Taxes, remuneration and social security | 45 | €14,696 | €4,182 | -€10,514 | -71.5% |
| Taxes | 450/3 | €14,696 | €4,182 | -€10,514 | -71.5% |
| Accrued charges and deferred income | 492/3 | €114 | €82 | -€32 | -28.0% |
| Non-recurring operating income | 76A | €0 | €530 | +€530 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,112 | €3,052 | +€1,940 | +174.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€331 | -€331 | |
| Other operating charges | 640/8 | €956 | €1,323 | +€368 | +38.5% |
| Non-recurring operating charges | 66A | - | €884 | +€884 | |
| Gross operating margin | 9900 | -€19,454 | €19,342 | +€38,796 | |
| Operating profit (loss) | 9901 | -€21,522 | €14,413 | +€35,935 | |
| Financial income | 75/76B | €1,720 | €984 | -€736 | -42.8% |
| Recurring financial income | 75 | €1,720 | €984 | -€736 | -42.8% |
| Financial charges | 65/66B | €551 | €679 | +€129 | +23.3% |
| Recurring financial charges | 65 | €551 | €679 | +€129 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | -€20,352 | €14,718 | +€35,070 | |
| Income taxes | 67/77 | €268 | €3,623 | +€3,355 | +1249.6% |
| Profit (loss) for the period | 9904 | -€20,621 | €11,095 | +€31,715 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,621 | €11,095 | +€31,715 |
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 12 October 2026 via checked.be.