L.J. Management: 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. Management
Largest movements
- Receivables within one year -€38,802
down €38,802 (-41.3%), from €94,009 to €55,206
of which Trade receivables: -€38,720
- Financial fixed assets +€19,500
up €19,500 (+32.8%), from €59,500 to €79,000
- Cash +€3,525
up €3,525 (+99.3%), from €3,551 to €7,076
mainly Receivables within one year (+€38,802) and Net result for the year (+€16,946)
- Tax, wage and social debts -€21,812
down €21,812 (-46.0%), from €47,437 to €25,625
- Reserves +€6,946
up €6,946 (+5.3%), from €130,137 to €137,083
- Gross operating margin -€84,903
down €84,903 (-78.2%), from €108,505 to €23,602
- Taxes -€17,733
down €17,733 (-66.5%), from €26,650 to €8,917
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 | €182,574 | €167,708 | -€14,865 | -8.1% |
| Fixed assets | 21/28 | €85,014 | €105,426 | +€20,412 | +24.0% |
| Tangible fixed assets | 22/27 | €25,514 | €26,426 | +€912 | +3.6% |
| Land and buildings | 22 | €25,170 | €26,268 | +€1,098 | +4.4% |
| Furniture and vehicles | 24 | €344 | €158 | -€186 | -54.1% |
| Financial fixed assets | 28 | €59,500 | €79,000 | +€19,500 | +32.8% |
| Current assets | 29/58 | €97,560 | €62,282 | -€35,277 | -36.2% |
| Amounts receivable within one year | 40/41 | €94,009 | €55,206 | -€38,802 | -41.3% |
| Trade receivables | 40 | €38,720 | €0 | -€38,720 | -100% |
| Other amounts receivable | 41 | €55,289 | €55,206 | -€82 | -0.1% |
| Cash at bank and in hand | 54/58 | €3,551 | €7,076 | +€3,525 | +99.3% |
| Total equity and liabilities | 10/49 | €182,574 | €167,708 | -€14,865 | -8.1% |
| Equity | 10/15 | €135,137 | €142,083 | +€6,946 | +5.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €130,137 | €137,083 | +€6,946 | +5.3% |
| Distributable reserves | 133 | €130,137 | €137,083 | +€6,946 | +5.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €47,437 | €25,625 | -€21,812 | -46.0% |
| Amounts payable within one year | 42/48 | €47,437 | €25,625 | -€21,812 | -46.0% |
| Taxes, remuneration and social security | 45 | €47,437 | €25,625 | -€21,812 | -46.0% |
| Taxes | 450/3 | €47,437 | €25,625 | -€21,812 | -46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,172 | €1,061 | -€112 | -9.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €375 | +€375 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €108,505 | €23,602 | -€84,903 | -78.2% |
| Operating profit (loss) | 9901 | €106,945 | €21,766 | -€85,179 | -79.6% |
| Financial income | 75/76B | €4,217 | €4,721 | +€504 | +11.9% |
| Recurring financial income | 75 | €4,217 | €4,721 | +€504 | +11.9% |
| Financial charges | 65/66B | €354 | €624 | +€270 | +76.1% |
| Recurring financial charges | 65 | €354 | €624 | +€270 | +76.1% |
| Profit (loss) for the period before taxes | 9903 | €110,808 | €25,863 | -€84,945 | -76.7% |
| Income taxes | 67/77 | €26,650 | €8,917 | -€17,733 | -66.5% |
| Profit (loss) for the period | 9904 | €84,158 | €16,946 | -€67,212 | -79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €84,158 | €16,946 | -€67,212 | -79.9% |
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 25 October 2026 via checked.be.