L&J Immo: 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 Immo
Largest movements
- Tangible fixed assets +€1.0m
up €1.0m (+201%), from €510,946 to €1.5m
of which Land and buildings: +€1.0m
- Cash -€279,951
down €279,951 (-94.8%), from €295,176 to €15,225
mainly Investment in fixed assets (net) (-€1.1m) and Receivables within one year (-€266,515)
- Receivables within one year +€266,515
up €266,515 (+86.4%), from €308,296 to €574,811
of which Trade receivables: +€302,165
- Debts after one year +€490,568
up €490,568, from €0 to €490,568
- Other debts +€410,000
new in 2025: €410,000
- Reserves +€379,768
up €379,768 (+68.3%), from €555,718 to €935,486
of which Distributable reserves: +€323,948
- Profit (loss) carried forward -€296,152
down €296,152 (-100%), from €296,152 to €0
- Tax, wage and social debts +€59,050
up €59,050 (+226%), from €26,075 to €85,125
of which Taxes: +€61,157
- Gross operating margin -€388,708
down €388,708 (-52.0%), from €747,644 to €358,936
- Staff costs -€388,399
down €388,399 (-73.1%), from €531,440 to €143,041
- Other operating charges +€14,427
up €14,427 (+447%), from €3,227 to €17,654
- Taxes -€14,342
down €14,342 (-95.1%), from €15,080 to €738
- Depreciation -€9,340
down €9,340 (-20.7%), from €45,217 to €35,877
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 | €1,115,237 | €2,129,586 | +€1.0m | +91.0% |
| Fixed assets | 21/28 | €511,766 | €1,539,551 | +€1.0m | +201% |
| Tangible fixed assets | 22/27 | €510,946 | €1,538,731 | +€1.0m | +201% |
| Land and buildings | 22 | €492,056 | €1,538,731 | +€1.0m | +213% |
| Plant, machinery and equipment | 23 | €8,579 | €0 | -€8,579 | -100% |
| Furniture and vehicles | 24 | €10,311 | €0 | -€10,311 | -100% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €820 | €820 | = | 0.0% |
| Current assets | 29/58 | €603,472 | €590,036 | -€13,436 | -2.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €308,296 | €574,811 | +€266,515 | +86.4% |
| Trade receivables | 40 | €50,046 | €352,211 | +€302,165 | +604% |
| Other amounts receivable | 41 | €258,250 | €222,601 | -€35,650 | -13.8% |
| Cash at bank and in hand | 54/58 | €295,176 | €15,225 | -€279,951 | -94.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,115,237 | €2,129,586 | +€1.0m | +91.0% |
| Equity | 10/15 | €913,870 | €997,486 | +€83,616 | +9.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €555,718 | €935,486 | +€379,768 | +68.3% |
| Non-distributable reserves | 130/1 | €112,792 | €6,200 | -€106,592 | -94.5% |
| Legal reserve | 130 | €112,792 | €6,200 | -€106,592 | -94.5% |
| Tax-exempt reserves | 132 | €442,926 | €605,338 | +€162,412 | +36.7% |
| Distributable reserves | 133 | - | €323,948 | +€323,948 | |
| Profit (loss) carried forward | 14 | €296,152 | €0 | -€296,152 | -100% |
| Provisions and deferred taxes | 16 | €37,386 | €91,523 | +€54,137 | +145% |
| Deferred taxes | 168 | €37,386 | €91,523 | +€54,137 | +145% |
| Amounts payable | 17/49 | €163,981 | €1,040,577 | +€876,596 | +535% |
| Amounts payable after more than one year | 17 | €0 | €490,568 | +€490,568 | |
| Financial debts | 170/4 | €0 | €490,568 | +€490,568 | |
| Amounts payable within one year | 42/48 | €163,981 | €550,009 | +€386,028 | +235% |
| Current portion of amounts payable after more than one year | 42 | €91,061 | €45,699 | -€45,362 | -49.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €46,845 | €9,185 | -€37,660 | -80.4% |
| Suppliers | 440/4 | €46,845 | €9,185 | -€37,660 | -80.4% |
| Taxes, remuneration and social security | 45 | €26,075 | €85,125 | +€59,050 | +226% |
| Taxes | 450/3 | €3,667 | €64,824 | +€61,157 | +1,668% |
| Remuneration and social security | 454/9 | €22,408 | €20,301 | -€2,107 | -9.4% |
| Other amounts payable | 47/48 | - | €410,000 | +€410,000 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €168,200 | €241,419 | +€73,219 | +43.5% |
| Remuneration, social security and pensions | 62 | €531,440 | €143,041 | -€388,399 | -73.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,217 | €35,877 | -€9,340 | -20.7% |
| Other operating charges | 640/8 | €3,227 | €17,654 | +€14,427 | +447% |
| Non-recurring operating charges | 66A | €92,397 | €18,000 | -€74,397 | -80.5% |
| Gross operating margin | 9900 | €747,644 | €358,936 | -€388,708 | -52.0% |
| Operating profit (loss) | 9901 | €75,363 | €144,364 | +€69,001 | +91.6% |
| Financial income | 75/76B | €4,585 | €119 | -€4,465 | -97.4% |
| Recurring financial income | 75 | €4,585 | €119 | -€4,465 | -97.4% |
| Financial charges | 65/66B | €12,886 | €5,992 | -€6,894 | -53.5% |
| Recurring financial charges | 65 | €12,886 | €5,992 | -€6,894 | -53.5% |
| Profit (loss) for the period before taxes | 9903 | €67,062 | €138,491 | +€71,430 | +107% |
| Transfer from deferred taxes | 780 | €8,822 | €1,993 | -€6,830 | -77.4% |
| Transfer to deferred taxes | 680 | €38,119 | €56,130 | +€18,011 | +47.2% |
| Income taxes | 67/77 | €15,080 | €738 | -€14,342 | -95.1% |
| Profit (loss) for the period | 9904 | €22,685 | €83,616 | +€60,931 | +269% |
| Transfer from tax-exempt reserves | 789 | €26,467 | €5,978 | -€20,490 | -77.4% |
| Transfer to tax-exempt reserves | 689 | €114,358 | €168,389 | +€54,032 | +47.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,205 | -€78,796 | -€13,591 | -20.8% |
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 24 October 2026 via checked.be.