L&J Qualité: 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 Qualité
Largest movements
- Tangible fixed assets +€64,745
up €64,745 (+1,950%), from €3,320 to €68,065
- Receivables within one year +€14,406
up €14,406 (+46.7%), from €30,823 to €45,229
of which Trade receivables: +€16,730
- Receivables after one year +€1,706
up €1,706 (+63.6%), from €2,682 to €4,388
- Debts after one year +€49,465
new in 2025: €49,465
- Profit (loss) carried forward +€15,430
up €15,430 (+185%), from €8,342 to €23,772
- Short-term financial debts +€13,911
new in 2025: €13,911
- Trade debts +€4,318
up €4,318 (+26.9%), from €16,030 to €20,348
- Tax, wage and social debts -€2,410
down €2,410 (-20.2%), from €11,948 to €9,538
of which Remuneration and social security: -€2,428
- Purchases and services -€208,685
down €208,685 (-43.7%), from €477,550 to €268,866
- Turnover -€179,107
down €179,107 (-36.5%), from €490,394 to €311,287
- Gross operating margin +€29,578
up €29,578 (+230%), from €12,844 to €42,422
- Depreciation +€14,728
up €14,728 (+15,526%), from €95 to €14,823
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 | €39,179 | €119,641 | +€80,462 | +205% |
| Fixed assets | 21/28 | €3,320 | €68,065 | +€64,745 | +1,950% |
| Tangible fixed assets | 22/27 | €3,320 | €68,065 | +€64,745 | +1,950% |
| Furniture and vehicles | 24 | €3,320 | €68,065 | +€64,745 | +1,950% |
| Current assets | 29/58 | €35,859 | €51,576 | +€15,717 | +43.8% |
| Amounts receivable after more than one year | 29 | €2,682 | €4,388 | +€1,706 | +63.6% |
| Trade receivables | 290 | €2,682 | €4,388 | +€1,706 | +63.6% |
| Amounts receivable within one year | 40/41 | €30,823 | €45,229 | +€14,406 | +46.7% |
| Trade receivables | 40 | €27,157 | €43,887 | +€16,730 | +61.6% |
| Other amounts receivable | 41 | €3,666 | €1,342 | -€2,324 | -63.4% |
| Cash at bank and in hand | 54/58 | €2,080 | €975 | -€1,105 | -53.1% |
| Deferred charges and accrued income | 490/1 | €274 | €984 | +€710 | +260% |
| Total equity and liabilities | 10/49 | €39,179 | €119,641 | +€80,462 | +205% |
| Equity | 10/15 | €8,342 | €23,772 | +€15,430 | +185% |
| Profit (loss) carried forward | 14 | €8,342 | €23,772 | +€15,430 | +185% |
| Amounts payable | 17/49 | €30,837 | €95,869 | +€65,033 | +211% |
| Amounts payable after more than one year | 17 | - | €49,465 | +€49,465 | |
| Financial debts | 170/4 | - | €49,465 | +€49,465 | |
| Amounts payable within one year | 42/48 | €30,837 | €46,404 | +€15,567 | +50.5% |
| Financial debts | 43 | - | €13,911 | +€13,911 | |
| Credit institutions | 430/8 | - | €13,911 | +€13,911 | |
| Trade debts | 44 | €16,030 | €20,348 | +€4,318 | +26.9% |
| Suppliers | 440/4 | €16,030 | €20,348 | +€4,318 | +26.9% |
| Taxes, remuneration and social security | 45 | €11,948 | €9,538 | -€2,410 | -20.2% |
| Taxes | 450/3 | €2,590 | €2,608 | +€18 | +0.7% |
| Remuneration and social security | 454/9 | €9,358 | €6,930 | -€2,428 | -25.9% |
| Other amounts payable | 47/48 | €2,859 | €2,608 | -€251 | -8.8% |
| Turnover | 70 | €490,394 | €311,287 | -€179,107 | -36.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €477,550 | €268,866 | -€208,685 | -43.7% |
| Remuneration, social security and pensions | 62 | - | €4,226 | +€4,226 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95 | €14,823 | +€14,728 | +15,526% |
| Non-recurring operating charges | 66A | - | €1,372 | +€1,372 | |
| Gross operating margin | 9900 | €12,844 | €42,422 | +€29,578 | +230% |
| Operating profit (loss) | 9901 | €12,749 | €22,002 | +€9,252 | +72.6% |
| Financial charges | 65/66B | €1,817 | €3,964 | +€2,147 | +118% |
| Recurring financial charges | 65 | €1,817 | €3,964 | +€2,147 | +118% |
| Profit (loss) for the period before taxes | 9903 | €10,932 | €18,038 | +€7,105 | +65.0% |
| Income taxes | 67/77 | €2,590 | €2,608 | +€18 | +0.7% |
| Profit (loss) for the period | 9904 | €8,342 | €15,430 | +€7,088 | +85.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,342 | €15,430 | +€7,088 | +85.0% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.