L.J.M.: 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.M.
Largest movements
- Receivables within one year +€6,626
up €6,626 (+146%), from €4,553 to €11,179
of which Trade receivables: +€6,665
- Profit (loss) carried forward +€5,612
up €5,612 (+33.7%), from €16,653 to €22,265
- Tax, wage and social debts +€2,731
up €2,731 (+311%), from €877 to €3,607
of which Remuneration and social security: +€2,194
- Gross operating margin -€47,946
down €47,946 (-81.3%), from €58,938 to €10,992
- Staff costs -€42,960
no longer reported in 2025 (was €42,960)
- Taxes +€2,263
up €2,263 (+367%), from €617 to €2,880
- Other operating charges +€1,167
up €1,167 (+101%), from €1,150 to €2,317
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 | €261,214 | €269,202 | +€7,988 | +3.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €221,878 | €221,878 | = | 0.0% |
| Tangible fixed assets | 22/27 | €221,878 | €221,878 | = | 0.0% |
| Land and buildings | 22 | €221,878 | €221,878 | = | 0.0% |
| Current assets | 29/58 | €39,336 | €47,324 | +€7,988 | +20.3% |
| Amounts receivable within one year | 40/41 | €4,553 | €11,179 | +€6,626 | +146% |
| Trade receivables | 40 | €4,300 | €10,965 | +€6,665 | +155% |
| Other amounts receivable | 41 | €253 | €214 | -€39 | -15.4% |
| Cash at bank and in hand | 54/58 | €34,783 | €36,145 | +€1,362 | +3.9% |
| Total equity and liabilities | 10/49 | €261,214 | €269,202 | +€7,988 | +3.1% |
| Equity | 10/15 | €36,653 | €42,265 | +€5,612 | +15.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,653 | €22,265 | +€5,612 | +33.7% |
| Amounts payable | 17/49 | €224,561 | €226,937 | +€2,376 | +1.1% |
| Amounts payable within one year | 42/48 | €224,561 | €226,937 | +€2,376 | +1.1% |
| Trade debts | 44 | €656 | €27 | -€629 | -95.9% |
| Suppliers | 440/4 | €656 | €27 | -€629 | -95.9% |
| Taxes, remuneration and social security | 45 | €877 | €3,607 | +€2,731 | +311% |
| Taxes | 450/3 | - | €536 | +€536 | |
| Remuneration and social security | 454/9 | €877 | €3,071 | +€2,194 | +250% |
| Other amounts payable | 47/48 | €223,028 | €223,303 | +€275 | +0.1% |
| Remuneration, social security and pensions | 62 | €42,960 | - | -€42,960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €386 | - | -€386 | |
| Other operating charges | 640/8 | €1,150 | €2,317 | +€1,167 | +101% |
| Gross operating margin | 9900 | €58,938 | €10,992 | -€47,946 | -81.3% |
| Operating profit (loss) | 9901 | €14,442 | €8,675 | -€5,767 | -39.9% |
| Financial charges | 65/66B | €158 | €184 | +€25 | +15.9% |
| Recurring financial charges | 65 | €158 | €184 | +€25 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €14,284 | €8,491 | -€5,793 | -40.6% |
| Income taxes | 67/77 | €617 | €2,880 | +€2,263 | +367% |
| Profit (loss) for the period | 9904 | €13,667 | €5,612 | -€8,055 | -58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,667 | €5,612 | -€8,055 | -58.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.