NICK LEGRAND: what changed
NICK LEGRAND
Largest movements
- Receivables within one year -€193,376
down €193,376 (-84.4%), from €229,090 to €35,714
of which Trade receivables: -€163,159
- Cash -€151,332
down €151,332 (-72.6%), from €208,378 to €57,046
mainly Contributions, distributions and other (-€337,833) and Other debts (-€96,395)
- Deferred charges and accrued income -€26,555
no longer reported in 2026 (was €26,555)
- Tangible fixed assets -€22,460
down €22,460 (-3.4%), from €660,838 to €638,378
of which Land and buildings: -€17,312
- Profit (loss) carried forward -€269,588
down €269,588 (-27.7%), from €972,624 to €703,036
- Other debts -€96,395
down €96,395 (-95.5%), from €100,895 to €4,500
- Tax, wage and social debts -€28,425
no longer reported in 2026 (was €28,425)
- Taxes +€22,577
up €22,577 (+75.9%), from €29,752 to €52,329
- Gross operating margin -€7,348
down €7,348 (-4.8%), from €152,783 to €145,436
- Depreciation +€2,112
up €2,112 (+10.4%), from €20,348 to €22,460
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,124,860 | €731,138 | -€393,722 | -35.0% |
| Fixed assets | 21/28 | €660,838 | €638,378 | -€22,460 | -3.4% |
| Tangible fixed assets | 22/27 | €660,838 | €638,378 | -€22,460 | -3.4% |
| Land and buildings | 22 | €632,879 | €615,567 | -€17,312 | -2.7% |
| Plant, machinery and equipment | 23 | €27,286 | €22,811 | -€4,475 | -16.4% |
| Furniture and vehicles | 24 | €672 | - | -€672 | |
| Current assets | 29/58 | €464,023 | €92,760 | -€371,262 | -80.0% |
| Amounts receivable within one year | 40/41 | €229,090 | €35,714 | -€193,376 | -84.4% |
| Trade receivables | 40 | €189,159 | €26,000 | -€163,159 | -86.3% |
| Other amounts receivable | 41 | €39,931 | €9,714 | -€30,217 | -75.7% |
| Cash at bank and in hand | 54/58 | €208,378 | €57,046 | -€151,332 | -72.6% |
| Deferred charges and accrued income | 490/1 | €26,555 | - | -€26,555 | |
| Total equity and liabilities | 10/49 | €1,124,860 | €731,138 | -€393,722 | -35.0% |
| Equity | 10/15 | €993,084 | €723,496 | -€269,588 | -27.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €972,624 | €703,036 | -€269,588 | -27.7% |
| Amounts payable | 17/49 | €131,776 | €7,643 | -€124,134 | -94.2% |
| Amounts payable within one year | 42/48 | €131,776 | €7,643 | -€124,134 | -94.2% |
| Financial debts | 43 | - | €45 | +€45 | |
| Credit institutions | 430/8 | - | €45 | +€45 | |
| Trade debts | 44 | €2,456 | €3,098 | +€642 | +26.2% |
| Suppliers | 440/4 | €2,456 | €3,098 | +€642 | +26.2% |
| Taxes, remuneration and social security | 45 | €28,425 | - | -€28,425 | |
| Taxes | 450/3 | €28,425 | - | -€28,425 | |
| Other amounts payable | 47/48 | €100,895 | €4,500 | -€96,395 | -95.5% |
| Non-recurring operating income | 76A | - | €7,061 | +€7,061 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,348 | €22,460 | +€2,112 | +10.4% |
| Other operating charges | 640/8 | €2,177 | €1,948 | -€230 | -10.5% |
| Gross operating margin | 9900 | €152,783 | €145,436 | -€7,348 | -4.8% |
| Operating profit (loss) | 9901 | €130,258 | €121,028 | -€9,229 | -7.1% |
| Financial income | 75/76B | €457 | €761 | +€304 | +66.5% |
| Recurring financial income | 75 | €457 | €761 | +€304 | +66.5% |
| Financial charges | 65/66B | €67 | €1,215 | +€1,148 | +1,709% |
| Recurring financial charges | 65 | €67 | €1,215 | +€1,148 | +1,709% |
| Profit (loss) for the period before taxes | 9903 | €130,648 | €120,574 | -€10,074 | -7.7% |
| Income taxes | 67/77 | €29,752 | €52,329 | +€22,577 | +75.9% |
| Profit (loss) for the period | 9904 | €100,895 | €68,245 | -€32,650 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €100,895 | €68,245 | -€32,650 | -32.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.