STUDIO LEGIO: what changed
STUDIO LEGIO
Largest movements
- Current investments -€60,000
down €60,000 (-100%), from €60,000 to €0
- Cash +€37,998
up €37,998 (+156%), from €24,397 to €62,395
mainly Net result for the year (+€60,594) and Current investments (+€60,000)
- Receivables within one year +€35,097
up €35,097 (+825%), from €4,252 to €39,348
of which Trade receivables: +€26,386
- Deferred charges and accrued income -€11,413
down €11,413 (-13.9%), from €81,832 to €70,419
- Reserves +€56,294
up €56,294 (+105%), from €53,521 to €109,815
- Trade debts -€51,345
down €51,345 (-91.8%), from €55,902 to €4,558
- Tax, wage and social debts -€4,560
down €4,560 (-20.3%), from €22,412 to €17,853
of which Taxes: -€3,793
- Gross operating margin +€55,186
up €55,186 (+80.2%), from €68,838 to €124,024
- Taxes +€10,941
up €10,941 (+167%), from €6,543 to €17,485
- Financial income -€2,682
down €2,682 (-88.4%), from €3,035 to €354
- Depreciation -€2,196
down €2,196 (-36.3%), from €6,051 to €3,855
- Staff costs +€1,384
up €1,384 (+3.8%), from €36,279 to €37,663
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 | €179,097 | €179,175 | +€78 | 0.0% |
| Fixed assets | 21/28 | €8,616 | €7,013 | -€1,604 | -18.6% |
| Intangible fixed assets | 21 | €460 | €310 | -€150 | -32.6% |
| Tangible fixed assets | 22/27 | €8,056 | €6,603 | -€1,454 | -18.0% |
| Land and buildings | 22 | €878 | €488 | -€390 | -44.4% |
| Plant, machinery and equipment | 23 | €3,258 | €2,129 | -€1,129 | -34.6% |
| Furniture and vehicles | 24 | €3,920 | €3,986 | +€65 | +1.7% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €170,481 | €172,163 | +€1,682 | +1.0% |
| Amounts receivable within one year | 40/41 | €4,252 | €39,348 | +€35,097 | +825% |
| Trade receivables | 40 | €919 | €27,305 | +€26,386 | +2,871% |
| Other amounts receivable | 41 | €3,333 | €12,043 | +€8,711 | +261% |
| Current investments | 50/53 | €60,000 | €0 | -€60,000 | -100% |
| Cash at bank and in hand | 54/58 | €24,397 | €62,395 | +€37,998 | +156% |
| Deferred charges and accrued income | 490/1 | €81,832 | €70,419 | -€11,413 | -13.9% |
| Total equity and liabilities | 10/49 | €179,097 | €179,175 | +€78 | 0.0% |
| Equity | 10/15 | €63,521 | €119,815 | +€56,294 | +88.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €53,521 | €109,815 | +€56,294 | +105% |
| Distributable reserves | 133 | €53,521 | €109,815 | +€56,294 | +105% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €115,576 | €59,360 | -€56,216 | -48.6% |
| Amounts payable within one year | 42/48 | €78,314 | €22,410 | -€55,904 | -71.4% |
| Trade debts | 44 | €55,902 | €4,558 | -€51,345 | -91.8% |
| Suppliers | 440/4 | €55,902 | €4,558 | -€51,345 | -91.8% |
| Taxes, remuneration and social security | 45 | €22,412 | €17,853 | -€4,560 | -20.3% |
| Taxes | 450/3 | €15,337 | €11,544 | -€3,793 | -24.7% |
| Remuneration and social security | 454/9 | €7,075 | €6,308 | -€767 | -10.8% |
| Accrued charges and deferred income | 492/3 | €37,262 | €36,949 | -€312 | -0.8% |
| Remuneration, social security and pensions | 62 | €36,279 | €37,663 | +€1,384 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,051 | €3,855 | -€2,196 | -36.3% |
| Other operating charges | 640/8 | €344 | €353 | +€8 | +2.4% |
| Gross operating margin | 9900 | €68,838 | €124,024 | +€55,186 | +80.2% |
| Operating profit (loss) | 9901 | €26,163 | €82,153 | +€55,990 | +214% |
| Financial income | 75/76B | €3,035 | €354 | -€2,682 | -88.4% |
| Recurring financial income | 75 | €3,035 | €354 | -€2,682 | -88.4% |
| Financial charges | 65/66B | €3,285 | €4,427 | +€1,142 | +34.8% |
| Recurring financial charges | 65 | €3,285 | €4,427 | +€1,142 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | €25,913 | €78,079 | +€52,166 | +201% |
| Income taxes | 67/77 | €6,543 | €17,485 | +€10,941 | +167% |
| Profit (loss) for the period | 9904 | €19,369 | €60,594 | +€41,225 | +213% |
| Profit (loss) for the period to be appropriated | 9905 | €19,369 | €60,594 | +€41,225 | +213% |
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 2 November 2026 via checked.be.