L.J.M.A.: 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.A.
Largest movements
- Cash +€4,652
up €4,652 (+92.1%), from €5,049 to €9,702
mainly Receivables within one year (+€3,573) and Other debts (+€697)
- Receivables within one year -€3,573
down €3,573 (-52.2%), from €6,845 to €3,272
of which Trade receivables: -€1,872
- Other debts +€697
up €697 (+23.5%), from €2,965 to €3,662
- Tax, wage and social debts +€249
new in 2025: €249
- Trade debts +€203
up €203 (+146.2%), from €139 to €342
- Gross operating margin +€7,080
up €7,080, from -€6,732 to €348
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.
Cash bridge derived
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 | €11,894 | €12,974 | +€1,080 | +9.1% |
| Current assets | 29/58 | €11,894 | €12,974 | +€1,080 | +9.1% |
| Amounts receivable within one year | 40/41 | €6,845 | €3,272 | -€3,573 | -52.2% |
| Trade receivables | 40 | €5,144 | €3,272 | -€1,872 | -36.4% |
| Other amounts receivable | 41 | €1,701 | - | -€1,701 | |
| Cash at bank and in hand | 54/58 | €5,049 | €9,702 | +€4,652 | +92.1% |
| Total equity and liabilities | 10/49 | €11,894 | €12,974 | +€1,080 | +9.1% |
| Equity | 10/15 | €8,790 | €8,721 | -€70 | -0.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €850 | €850 | = | 0.0% |
| Non-distributable reserves | 130/1 | €850 | €850 | = | 0.0% |
| Reserves not available under the articles | 1311 | €850 | €850 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,652 | -€10,721 | -€70 | -0.7% |
| Amounts payable | 17/49 | €3,104 | €4,253 | +€1,149 | +37.0% |
| Amounts payable within one year | 42/48 | €3,104 | €4,253 | +€1,149 | +37.0% |
| Trade debts | 44 | €139 | €342 | +€203 | +146.2% |
| Suppliers | 440/4 | €139 | €342 | +€203 | +146.2% |
| Taxes, remuneration and social security | 45 | - | €249 | +€249 | |
| Taxes | 450/3 | - | €249 | +€249 | |
| Other amounts payable | 47/48 | €2,965 | €3,662 | +€697 | +23.5% |
| Other operating charges | 640/8 | €437 | €387 | -€50 | -11.4% |
| Gross operating margin | 9900 | -€6,732 | €348 | +€7,080 | |
| Operating profit (loss) | 9901 | -€7,169 | -€40 | +€7,130 | +99.4% |
| Financial charges | 65/66B | €70 | €30 | -€40 | -56.9% |
| Recurring financial charges | 65 | €70 | €30 | -€40 | -56.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,239 | -€70 | +€7,169 | +99.0% |
| Profit (loss) for the period | 9904 | -€7,239 | -€70 | +€7,169 | +99.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,239 | -€70 | +€7,169 | +99.0% |
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 9 October 2026 via checked.be.