Lothar Legon: 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.
Lothar Legon
Largest movements
- Tangible fixed assets -€8,799
down €8,799 (-68.1%), from €12,913 to €4,114
of which Plant, machinery and equipment: -€8,465
- Cash -€2,310
down €2,310 (-8.3%), from €27,713 to €25,403
mainly Other debts (-€13,665) and Tax, wage and social debts (-€1,477)
- Receivables within one year +€1,415
up €1,415 (+4.5%), from €31,277 to €32,693
of which Trade receivables: +€1,514
- Deferred charges and accrued income -€770
down €770 (-68.6%), from €1,122 to €352
- Other debts -€13,665
down €13,665 (-65.8%), from €20,769 to €7,105
- Trade debts +€5,250
up €5,250 (+257%), from €2,046 to €7,296
- Tax, wage and social debts -€1,477
down €1,477 (-17.2%), from €8,591 to €7,114
of which Taxes: -€2,477
- Profit (loss) carried forward -€783
down €783, from €0 to -€783
- Gross operating margin -€18,207
down €18,207 (-69.9%), from €26,053 to €7,846
- Taxes -€4,741
down €4,741, from €3,977 to -€764
- Depreciation -€2,578
down €2,578 (-22.7%), from €11,377 to €8,799
- Other operating charges -€887
down €887 (-82.1%), from €1,080 to €193
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 | €73,026 | €62,562 | -€10,464 | -14.3% |
| Fixed assets | 21/28 | €12,913 | €4,114 | -€8,799 | -68.1% |
| Tangible fixed assets | 22/27 | €12,913 | €4,114 | -€8,799 | -68.1% |
| Plant, machinery and equipment | 23 | €12,300 | €3,835 | -€8,465 | -68.8% |
| Furniture and vehicles | 24 | €613 | €280 | -€333 | -54.4% |
| Current assets | 29/58 | €60,113 | €58,448 | -€1,665 | -2.8% |
| Amounts receivable within one year | 40/41 | €31,277 | €32,693 | +€1,415 | +4.5% |
| Trade receivables | 40 | €23,277 | €24,791 | +€1,514 | +6.5% |
| Other amounts receivable | 41 | €8,000 | €7,901 | -€99 | -1.2% |
| Cash at bank and in hand | 54/58 | €27,713 | €25,403 | -€2,310 | -8.3% |
| Deferred charges and accrued income | 490/1 | €1,122 | €352 | -€770 | -68.6% |
| Total equity and liabilities | 10/49 | €73,026 | €62,562 | -€10,464 | -14.3% |
| Equity | 10/15 | €14,430 | €13,647 | -€783 | -5.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,430 | €11,430 | = | 0.0% |
| Distributable reserves | 133 | €11,430 | €11,430 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€783 | -€783 | |
| Amounts payable | 17/49 | €58,596 | €48,915 | -€9,680 | -16.5% |
| Amounts payable within one year | 42/48 | €58,407 | €48,515 | -€9,891 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €27,000 | €27,000 | = | 0.0% |
| Trade debts | 44 | €2,046 | €7,296 | +€5,250 | +257% |
| Suppliers | 440/4 | €2,046 | €7,296 | +€5,250 | +257% |
| Taxes, remuneration and social security | 45 | €8,591 | €7,114 | -€1,477 | -17.2% |
| Taxes | 450/3 | €8,591 | €6,114 | -€2,477 | -28.8% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €20,769 | €7,105 | -€13,665 | -65.8% |
| Accrued charges and deferred income | 492/3 | €189 | €400 | +€211 | +112% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,377 | €8,799 | -€2,578 | -22.7% |
| Other operating charges | 640/8 | €1,080 | €193 | -€887 | -82.1% |
| Gross operating margin | 9900 | €26,053 | €7,846 | -€18,207 | -69.9% |
| Operating profit (loss) | 9901 | €13,596 | -€1,146 | -€14,742 | |
| Financial income | 75/76B | €0 | €15 | +€14 | +144,900% |
| Recurring financial income | 75 | €0 | €15 | +€14 | +144,900% |
| Financial charges | 65/66B | €377 | €416 | +€39 | +10.3% |
| Recurring financial charges | 65 | €377 | €416 | +€39 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €13,219 | -€1,547 | -€14,766 | |
| Income taxes | 67/77 | €3,977 | -€764 | -€4,741 | |
| Profit (loss) for the period | 9904 | €9,242 | -€783 | -€10,025 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,242 | -€783 | -€10,025 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.