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Creating reports is not very easy with VB.net or C# especially if your are using express editions. Visual Studio Professional provides Crystal reports which is a design time report designer.
LNSoft Report Designer is an application that can be integrated in an application so that reports can be edited at runtime.
This program is completely open source (GPL), using Google translate api makes the process of translation between 89 (Eighty-nine) languages. it has a useful interface. Requires .NET 3.5 or above framework runtime library.