LAJJA GEMS: 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.
LAJJA GEMS
Largest movements
- Receivables within one year -€1.9m
down €1.9m (-63.8%), from €2.9m to €1.0m
of which Trade receivables: -€1.8m
- Current investments +€552,597
up €552,597 (+67.9%), from €813,360 to €1.4m
- Cash +€256,788
up €256,788 (+634%), from €40,533 to €297,320
mainly Receivables within one year (+€1.9m) and Trade debts (+€127,953)
- Stocks and contracts -€99,466
down €99,466 (-50.7%), from €196,203 to €96,737
- Reserves -€1.2m
down €1.2m (-31.5%), from €3.8m to €2.6m
of which Distributable reserves: -€1.2m
- Trade debts +€127,953
up €127,953 (+1,572%), from €8,142 to €136,095
- Accrued charges and deferred income -€126,234
down €126,234 (-88.0%), from €143,462 to €17,227
- Gross operating margin -€1.0m
down €1.0m, from €278,411 to -€752,519
- Financial charges +€433,216
up €433,216 (+4,874%), from €8,888 to €442,105
- Financial income -€78,505
down €78,505 (-76.1%), from €103,171 to €24,665
- Other operating charges -€38,221
down €38,221 (-96.6%), from €39,575 to €1,354
- Staff costs -€30,652
down €30,652 (-99.8%), from €30,700 to €47
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 | €3,958,189 | €2,813,237 | -€1.1m | -28.9% |
| Fixed assets | 21/28 | €9,128 | €4,877 | -€4,252 | -46.6% |
| Tangible fixed assets | 22/27 | €8,828 | €4,577 | -€4,252 | -48.2% |
| Plant, machinery and equipment | 23 | €1,283 | €685 | -€598 | -46.6% |
| Furniture and vehicles | 24 | €7,545 | €3,891 | -€3,654 | -48.4% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €3,949,061 | €2,808,361 | -€1.1m | -28.9% |
| Stocks and contracts in progress | 3 | €196,203 | €96,737 | -€99,466 | -50.7% |
| Stocks | 30/36 | €196,203 | €96,737 | -€99,466 | -50.7% |
| Amounts receivable within one year | 40/41 | €2,898,965 | €1,048,346 | -€1.9m | -63.8% |
| Trade receivables | 40 | €2,894,711 | €1,048,346 | -€1.8m | -63.8% |
| Other amounts receivable | 41 | €4,254 | - | -€4,254 | |
| Current investments | 50/53 | €813,360 | €1,365,957 | +€552,597 | +67.9% |
| Cash at bank and in hand | 54/58 | €40,533 | €297,320 | +€256,788 | +634% |
| Total equity and liabilities | 10/49 | €3,958,189 | €2,813,237 | -€1.1m | -28.9% |
| Equity | 10/15 | €3,789,804 | €2,599,979 | -€1.2m | -31.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €3,771,254 | €2,581,429 | -€1.2m | -31.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €3,769,399 | €2,579,574 | -€1.2m | -31.6% |
| Amounts payable | 17/49 | €168,385 | €213,259 | +€44,874 | +26.6% |
| Amounts payable within one year | 42/48 | €24,923 | €196,031 | +€171,108 | +687% |
| Trade debts | 44 | €8,142 | €136,095 | +€127,953 | +1,572% |
| Suppliers | 440/4 | €8,142 | €136,095 | +€127,953 | +1,572% |
| Taxes, remuneration and social security | 45 | €16,781 | €47,779 | +€30,998 | +185% |
| Taxes | 450/3 | €5,790 | €20,288 | +€14,498 | +250% |
| Remuneration and social security | 454/9 | €10,991 | €27,491 | +€16,500 | +150% |
| Other amounts payable | 47/48 | - | €12,158 | +€12,158 | |
| Accrued charges and deferred income | 492/3 | €143,462 | €17,227 | -€126,234 | -88.0% |
| Remuneration, social security and pensions | 62 | €30,700 | €47 | -€30,652 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,886 | €4,252 | -€634 | -13.0% |
| Other operating charges | 640/8 | €39,575 | €1,354 | -€38,221 | -96.6% |
| Gross operating margin | 9900 | €278,411 | -€752,519 | -€1.0m | |
| Operating profit (loss) | 9901 | €203,251 | -€758,172 | -€961,423 | |
| Financial income | 75/76B | €103,171 | €24,665 | -€78,505 | -76.1% |
| Recurring financial income | 75 | €103,171 | €24,665 | -€78,505 | -76.1% |
| Financial charges | 65/66B | €8,888 | €442,105 | +€433,216 | +4,874% |
| Recurring financial charges | 65 | €8,888 | €442,105 | +€433,216 | +4,874% |
| Profit (loss) for the period before taxes | 9903 | €297,534 | -€1,175,611 | -€1.5m | |
| Income taxes | 67/77 | €30,797 | €20,005 | -€10,793 | -35.0% |
| Profit (loss) for the period | 9904 | €266,737 | -€1,195,615 | -€1.5m | |
| Profit (loss) for the period to be appropriated | 9905 | €266,737 | -€1,195,615 | -€1.5m |
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 28 October 2026 via checked.be.