LEGATI: 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.
LEGATI
Largest movements
- Cash -€92,837
down €92,837 (-93.1%), from €99,750 to €6,913
mainly Other debts (-€79,971) and Tax, wage and social debts (-€22,973)
- Receivables within one year -€23,757
down €23,757 (-62.3%), from €38,124 to €14,367
of which Other amounts receivable: -€33,558
- Other debts -€79,971
down €79,971 (-99.5%), from €80,401 to €430
- Tax, wage and social debts -€22,973
down €22,973 (-88.6%), from €25,923 to €2,951
- Provisions -€10,330
down €10,330 (-1.8%), from €577,584 to €567,254
- Gross operating margin -€114,662
down €114,662 (-72.5%), from €158,154 to €43,492
- Taxes -€29,744
down €29,744 (-99.4%), from €29,933 to €190
- Financial income -€2,412
down €2,412 (-83.4%), from €2,891 to €479
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €761,704 | €647,428 | -€114,276 | -15.0% |
| Fixed assets | 21/28 | €623,829 | €626,147 | +€2,318 | +0.4% |
| Tangible fixed assets | 22/27 | €461 | €2,779 | +€2,318 | +503% |
| Furniture and vehicles | 24 | €461 | €2,779 | +€2,318 | +503% |
| Financial fixed assets | 28 | €623,369 | €623,369 | = | 0.0% |
| Current assets | 29/58 | €137,874 | €21,280 | -€116,594 | -84.6% |
| Amounts receivable within one year | 40/41 | €38,124 | €14,367 | -€23,757 | -62.3% |
| Trade receivables | 40 | €3,267 | €13,068 | +€9,801 | +300% |
| Other amounts receivable | 41 | €34,857 | €1,299 | -€33,558 | -96.3% |
| Cash at bank and in hand | 54/58 | €99,750 | €6,913 | -€92,837 | -93.1% |
| Total equity and liabilities | 10/49 | €761,704 | €647,428 | -€114,276 | -15.0% |
| Equity | 10/15 | €65,744 | €64,638 | -€1,106 | -1.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,744 | €58,638 | -€1,106 | -1.9% |
| Provisions and deferred taxes | 16 | €577,584 | €567,254 | -€10,330 | -1.8% |
| Provisions for liabilities and charges | 160/5 | €577,584 | €567,254 | -€10,330 | -1.8% |
| Other liabilities and charges | 164/5 | €577,584 | €567,254 | -€10,330 | -1.8% |
| Amounts payable | 17/49 | €118,376 | €15,536 | -€102,840 | -86.9% |
| Amounts payable within one year | 42/48 | €107,569 | €4,737 | -€102,833 | -95.6% |
| Trade debts | 44 | €1,245 | €1,356 | +€110 | +8.9% |
| Suppliers | 440/4 | €1,245 | €1,356 | +€110 | +8.9% |
| Taxes, remuneration and social security | 45 | €25,923 | €2,951 | -€22,973 | -88.6% |
| Taxes | 450/3 | €25,923 | €2,951 | -€22,973 | -88.6% |
| Other amounts payable | 47/48 | €80,401 | €430 | -€79,971 | -99.5% |
| Accrued charges and deferred income | 492/3 | €10,806 | €10,799 | -€7 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €605 | €708 | +€103 | +17.1% |
| Other operating charges | 640/8 | €505 | €528 | +€22 | +4.4% |
| Gross operating margin | 9900 | €158,154 | €43,492 | -€114,662 | -72.5% |
| Operating profit (loss) | 9901 | €157,044 | €42,257 | -€114,788 | -73.1% |
| Financial income | 75/76B | €2,891 | €479 | -€2,412 | -83.4% |
| Recurring financial income | 75 | €2,891 | €479 | -€2,412 | -83.4% |
| Financial charges | 65/66B | €44,518 | €43,652 | -€866 | -1.9% |
| Recurring financial charges | 65 | €40,408 | €39,279 | -€1,129 | -2.8% |
| Non-recurring financial charges | 66B | €4,110 | €4,373 | +€263 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €115,417 | -€917 | -€116,334 | |
| Income taxes | 67/77 | €29,933 | €190 | -€29,744 | -99.4% |
| Profit (loss) for the period | 9904 | €85,484 | -€1,106 | -€86,590 | |
| Profit (loss) for the period to be appropriated | 9905 | €85,484 | -€1,106 | -€86,590 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.