L.R.J.: 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.R.J.
Largest movements
- Receivables after one year +€15,000
new in 2025: €15,000
- Receivables within one year -€1,226
down €1,226 (-66.1%), from €1,855 to €629
of which Other amounts receivable: -€1,091
- Cash -€835
down €835 (-49.0%), from €1,704 to €870
mainly Receivables after one year (-€15,000) and Other debts (-€1,319)
- Tangible fixed assets -€400
down €400 (-49.6%), from €807 to €407
- Profit (loss) carried forward +€13,618
up €13,618 (+55.2%), from -€24,692 to -€11,074
- Other debts -€1,319
down €1,319 (-6.5%), from €20,166 to €18,847
- Trade debts +€193
up €193 (+15.1%), from €1,280 to €1,473
- Staff costs -€1,585
down €1,585 (-93.7%), from €1,691 to €106
- Gross operating margin -€186
down €186 (-1.2%), from €15,727 to €15,542
- Financial charges +€183
up €183 (+59.7%), from €306 to €488
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 | €4,366 | €16,905 | +€12,539 | +287% |
| Fixed assets | 21/28 | €807 | €407 | -€400 | -49.6% |
| Tangible fixed assets | 22/27 | €807 | €407 | -€400 | -49.6% |
| Plant, machinery and equipment | 23 | €807 | €407 | -€400 | -49.6% |
| Current assets | 29/58 | €3,560 | €16,499 | +€12,939 | +364% |
| Amounts receivable after more than one year | 29 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 291 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €1,855 | €629 | -€1,226 | -66.1% |
| Trade receivables | 40 | €135 | - | -€135 | |
| Other amounts receivable | 41 | €1,720 | €629 | -€1,091 | -63.4% |
| Cash at bank and in hand | 54/58 | €1,704 | €870 | -€835 | -49.0% |
| Total equity and liabilities | 10/49 | €4,366 | €16,905 | +€12,539 | +287% |
| Equity | 10/15 | -€17,192 | -€3,574 | +€13,618 | +79.2% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,692 | -€11,074 | +€13,618 | +55.2% |
| Amounts payable | 17/49 | €21,558 | €20,479 | -€1,079 | -5.0% |
| Amounts payable within one year | 42/48 | €21,558 | €20,479 | -€1,079 | -5.0% |
| Trade debts | 44 | €1,280 | €1,473 | +€193 | +15.1% |
| Suppliers | 440/4 | €1,280 | €1,473 | +€193 | +15.1% |
| Taxes, remuneration and social security | 45 | €112 | €158 | +€47 | +41.8% |
| Taxes | 450/3 | €68 | €158 | +€91 | +134% |
| Remuneration and social security | 454/9 | €44 | - | -€44 | |
| Other amounts payable | 47/48 | €20,166 | €18,847 | -€1,319 | -6.5% |
| Remuneration, social security and pensions | 62 | €1,691 | €106 | -€1,585 | -93.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €400 | = | 0.0% |
| Other operating charges | 640/8 | €1,068 | €932 | -€136 | -12.8% |
| Gross operating margin | 9900 | €15,727 | €15,542 | -€186 | -1.2% |
| Operating profit (loss) | 9901 | €12,568 | €14,104 | +€1,535 | +12.2% |
| Financial income | 75/76B | €3 | €3 | -€0 | -0.8% |
| Recurring financial income | 75 | €3 | €3 | -€0 | -0.8% |
| Financial charges | 65/66B | €306 | €488 | +€183 | +59.7% |
| Recurring financial charges | 65 | €306 | €488 | +€183 | +59.7% |
| Profit (loss) for the period before taxes | 9903 | €12,265 | €13,618 | +€1,353 | +11.0% |
| Profit (loss) for the period | 9904 | €12,265 | €13,618 | +€1,353 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,265 | €13,618 | +€1,353 | +11.0% |
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 31 October 2026 via checked.be.