L.J.B.: 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.
L.J.B.
Largest movements
- Cash +€70,259
up €70,259 (+183%), from €38,463 to €108,722
mainly Stocks and contracts (+€47,329) and Net result for the year (+€10,988)
- Stocks and contracts -€47,329
down €47,329 (-85.5%), from €55,378 to €8,049
- Receivables within one year -€4,591
down €4,591 (-24.1%), from €19,035 to €14,444
of which Trade receivables: -€5,345
- Tangible fixed assets -€2,144
down €2,144 (-59.9%), from €3,579 to €1,435
of which Plant, machinery and equipment: -€1,981
- Reserves +€10,988
up €10,988 (+13.5%), from €81,695 to €92,683
- Trade debts +€6,155
up €6,155 (+40.0%), from €15,401 to €21,556
- Gross operating margin +€6,370
up €6,370 (+47.6%), from €13,391 to €19,761
- Taxes +€2,776
up €2,776 (+118%), from €2,352 to €5,128
- Write-downs -€2,582
no longer reported in 2025 (was €2,582)
- Other operating charges +€467
up €467 (+72.1%), from €648 to €1,115
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 | €117,667 | €133,890 | +€16,223 | +13.8% |
| Fixed assets | 21/28 | €3,849 | €1,705 | -€2,144 | -55.7% |
| Tangible fixed assets | 22/27 | €3,579 | €1,435 | -€2,144 | -59.9% |
| Plant, machinery and equipment | 23 | €3,415 | €1,435 | -€1,981 | -58.0% |
| Furniture and vehicles | 24 | €163 | - | -€163 | |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €113,819 | €132,186 | +€18,367 | +16.1% |
| Stocks and contracts in progress | 3 | €55,378 | €8,049 | -€47,329 | -85.5% |
| Stocks | 30/36 | €55,378 | €8,049 | -€47,329 | -85.5% |
| Amounts receivable within one year | 40/41 | €19,035 | €14,444 | -€4,591 | -24.1% |
| Trade receivables | 40 | €16,708 | €11,364 | -€5,345 | -32.0% |
| Other amounts receivable | 41 | €2,326 | €3,080 | +€753 | +32.4% |
| Cash at bank and in hand | 54/58 | €38,463 | €108,722 | +€70,259 | +183% |
| Deferred charges and accrued income | 490/1 | €944 | €972 | +€28 | +3.0% |
| Total equity and liabilities | 10/49 | €117,667 | €133,890 | +€16,223 | +13.8% |
| Equity | 10/15 | €100,295 | €111,283 | +€10,988 | +11.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,695 | €92,683 | +€10,988 | +13.5% |
| Distributable reserves | 133 | €81,695 | €92,683 | +€10,988 | +13.5% |
| Amounts payable | 17/49 | €17,372 | €22,607 | +€5,235 | +30.1% |
| Amounts payable within one year | 42/48 | €16,936 | €22,450 | +€5,514 | +32.6% |
| Trade debts | 44 | €15,401 | €21,556 | +€6,155 | +40.0% |
| Suppliers | 440/4 | €15,401 | €21,556 | +€6,155 | +40.0% |
| Taxes, remuneration and social security | 45 | €231 | €894 | +€664 | +288% |
| Taxes | 450/3 | - | €851 | +€851 | |
| Remuneration and social security | 454/9 | €231 | €44 | -€187 | -81.0% |
| Other amounts payable | 47/48 | €1,305 | - | -€1,305 | |
| Accrued charges and deferred income | 492/3 | €436 | €157 | -€279 | -64.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,261 | €2,144 | -€117 | -5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,582 | - | -€2,582 | |
| Other operating charges | 640/8 | €648 | €1,115 | +€467 | +72.1% |
| Gross operating margin | 9900 | €13,391 | €19,761 | +€6,370 | +47.6% |
| Operating profit (loss) | 9901 | €7,900 | €16,502 | +€8,602 | +109% |
| Financial income | 75/76B | €152 | €88 | -€63 | -41.8% |
| Recurring financial income | 75 | €152 | €88 | -€63 | -41.8% |
| Financial charges | 65/66B | €660 | €474 | -€186 | -28.2% |
| Recurring financial charges | 65 | €660 | €474 | -€186 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €7,391 | €16,116 | +€8,725 | +118% |
| Income taxes | 67/77 | €2,352 | €5,128 | +€2,776 | +118% |
| Profit (loss) for the period | 9904 | €5,040 | €10,988 | +€5,949 | +118% |
| Profit (loss) for the period to be appropriated | 9905 | €5,040 | €10,988 | +€5,949 | +118% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.