L.J.D. TRANS: 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.D. TRANS
Largest movements
- Cash +€25,449
up €25,449 (+13.1%), from €193,734 to €219,183
mainly Net result for the year (+€32,254) and Depreciation (+€14,006)
- Tangible fixed assets -€7,606
down €7,606 (-21.7%), from €35,068 to €27,462
of which Furniture and vehicles: -€7,292
- Deferred charges and accrued income +€4,081
up €4,081 (+2,203%), from €185 to €4,267
- Reserves +€32,254
up €32,254 (+31.5%), from €102,356 to €134,610
of which Distributable reserves: +€32,254
- Debts after one year -€11,659
down €11,659 (-11.2%), from €103,940 to €92,280
- Depreciation -€32,067
down €32,067 (-69.6%), from €46,073 to €14,006
- Gross operating margin -€24,957
down €24,957 (-29.5%), from €84,540 to €59,583
- Taxes +€4,304
up €4,304 (+63.2%), from €6,806 to €11,110
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 | €275,997 | €296,079 | +€20,082 | +7.3% |
| Fixed assets | 21/28 | €35,068 | €27,462 | -€7,606 | -21.7% |
| Tangible fixed assets | 22/27 | €35,068 | €27,462 | -€7,606 | -21.7% |
| Land and buildings | 22 | €577 | €263 | -€314 | -54.4% |
| Furniture and vehicles | 24 | €34,491 | €27,199 | -€7,292 | -21.1% |
| Current assets | 29/58 | €240,929 | €268,617 | +€27,688 | +11.5% |
| Amounts receivable within one year | 40/41 | €47,010 | €45,168 | -€1,843 | -3.9% |
| Trade receivables | 40 | €44,740 | €26,765 | -€17,975 | -40.2% |
| Other amounts receivable | 41 | €2,270 | €18,403 | +€16,133 | +711% |
| Cash at bank and in hand | 54/58 | €193,734 | €219,183 | +€25,449 | +13.1% |
| Deferred charges and accrued income | 490/1 | €185 | €4,267 | +€4,081 | +2,203% |
| Total equity and liabilities | 10/49 | €275,997 | €296,079 | +€20,082 | +7.3% |
| Equity | 10/15 | €115,756 | €148,010 | +€32,254 | +27.9% |
| Contributions | 10/11 | €13,400 | €13,400 | = | 0.0% |
| Reserves | 13 | €102,356 | €134,610 | +€32,254 | +31.5% |
| Tax-exempt reserves | 132 | €15,706 | €15,706 | = | 0.0% |
| Distributable reserves | 133 | €86,650 | €118,904 | +€32,254 | +37.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €160,241 | €148,069 | -€12,172 | -7.6% |
| Amounts payable after more than one year | 17 | €103,940 | €92,280 | -€11,659 | -11.2% |
| Financial debts | 170/4 | €103,940 | €92,280 | -€11,659 | -11.2% |
| Amounts payable within one year | 42/48 | €56,301 | €55,789 | -€512 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €11,300 | €11,659 | +€359 | +3.2% |
| Trade debts | 44 | €10,589 | €10,484 | -€105 | -1.0% |
| Suppliers | 440/4 | €10,589 | €10,484 | -€105 | -1.0% |
| Taxes, remuneration and social security | 45 | €8,980 | €6,564 | -€2,417 | -26.9% |
| Taxes | 450/3 | €8,980 | €6,564 | -€2,417 | -26.9% |
| Other amounts payable | 47/48 | €25,432 | €27,082 | +€1,650 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,073 | €14,006 | -€32,067 | -69.6% |
| Other operating charges | 640/8 | €1,685 | €1,586 | -€100 | -5.9% |
| Gross operating margin | 9900 | €84,540 | €59,583 | -€24,957 | -29.5% |
| Operating profit (loss) | 9901 | €36,782 | €43,992 | +€7,210 | +19.6% |
| Financial income | 75/76B | €268 | €912 | +€644 | +240% |
| Recurring financial income | 75 | €268 | €912 | +€644 | +240% |
| Financial charges | 65/66B | €1,938 | €1,540 | -€398 | -20.5% |
| Recurring financial charges | 65 | €1,938 | €1,540 | -€398 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €35,113 | €43,364 | +€8,252 | +23.5% |
| Income taxes | 67/77 | €6,806 | €11,110 | +€4,304 | +63.2% |
| Profit (loss) for the period | 9904 | €28,306 | €32,254 | +€3,948 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,306 | €32,254 | +€3,948 | +13.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.