LAJ CONSTRUCTION: 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.
LAJ CONSTRUCTION
Largest movements
- Receivables within one year +€27,240
up €27,240 (+32.1%), from €84,754 to €111,995
of which Trade receivables: +€25,539
- Cash -€3,196
down €3,196 (-67.9%), from €4,707 to €1,510
mainly Other debts (-€41,400) and Receivables within one year (-€27,240)
- Other debts -€41,400
no longer reported in 2025 (was €41,400)
- Reserves +€34,523
up €34,523 (+103.9%), from €33,223 to €67,746
- Trade debts +€25,651
up €25,651 (+585.6%), from €4,381 to €30,031
- Tax, wage and social debts +€5,271
up €5,271 (+55.7%), from €9,457 to €14,728
- Turnover -€465,775
no longer reported in 2025 (was €465,775)
- Purchases and services -€395,092
no longer reported in 2025 (was €395,092)
- Other operating charges +€57,176
new in 2025: €57,176
- Gross operating margin +€33,785
up €33,785 (+47.8%), from €70,683 to €104,468
- Taxes +€5,767
up €5,767 (+83.8%), from €6,885 to €12,651
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 | €89,461 | €113,505 | +€24,044 | +26.9% |
| Current assets | 29/58 | €89,461 | €113,505 | +€24,044 | +26.9% |
| Amounts receivable within one year | 40/41 | €84,754 | €111,995 | +€27,240 | +32.1% |
| Trade receivables | 40 | €66,918 | €92,457 | +€25,539 | +38.2% |
| Other amounts receivable | 41 | €17,836 | €19,537 | +€1,701 | +9.5% |
| Cash at bank and in hand | 54/58 | €4,707 | €1,510 | -€3,196 | -67.9% |
| Total equity and liabilities | 10/49 | €89,461 | €113,505 | +€24,044 | +26.9% |
| Equity | 10/15 | €34,223 | €68,746 | +€34,523 | +100.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €33,223 | €67,746 | +€34,523 | +103.9% |
| Distributable reserves | 133 | €33,223 | €67,746 | +€34,523 | +103.9% |
| Amounts payable | 17/49 | €55,238 | €44,759 | -€10,479 | -19.0% |
| Amounts payable within one year | 42/48 | €55,238 | €44,759 | -€10,479 | -19.0% |
| Trade debts | 44 | €4,381 | €30,031 | +€25,651 | +585.6% |
| Suppliers | 440/4 | €4,381 | €30,031 | +€25,651 | +585.6% |
| Taxes, remuneration and social security | 45 | €9,457 | €14,728 | +€5,271 | +55.7% |
| Taxes | 450/3 | €9,457 | €14,728 | +€5,271 | +55.7% |
| Other amounts payable | 47/48 | €41,400 | - | -€41,400 | |
| Turnover | 70 | €465,775 | - | -€465,775 | |
| Goods, raw materials, services and sundry goods | 60/61 | €395,092 | - | -€395,092 | |
| Other operating charges | 640/8 | - | €57,176 | +€57,176 | |
| Gross operating margin | 9900 | €70,683 | €104,468 | +€33,785 | +47.8% |
| Operating profit (loss) | 9901 | €70,683 | €47,292 | -€23,391 | -33.1% |
| Financial income | 75/76B | - | €145 | +€145 | |
| Recurring financial income | 75 | - | €145 | +€145 | |
| Financial charges | 65/66B | €281 | €262 | -€19 | -6.9% |
| Recurring financial charges | 65 | €281 | €262 | -€19 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €70,402 | €47,174 | -€23,227 | -33.0% |
| Income taxes | 67/77 | €6,885 | €12,651 | +€5,767 | +83.8% |
| Profit (loss) for the period | 9904 | €63,517 | €34,523 | -€28,994 | -45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €63,517 | €34,523 | -€28,994 | -45.6% |
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 11 October 2026 via checked.be.