LEJ: 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.
LEJ
Largest movements
- Cash -€15,218
down €15,218 (-72.4%), from €21,025 to €5,806
mainly Net result for the year (-€11,972) and Tax, wage and social debts (-€3,016)
- Receivables within one year -€1,196
down €1,196 (-9.3%), from €12,888 to €11,692
of which Trade receivables: -€3,208
- Profit (loss) carried forward -€11,972
down €11,972 (-77.6%), from €15,420 to €3,448
- Tax, wage and social debts -€3,016
down €3,016 (-29.7%), from €10,152 to €7,136
- Trade debts +€2,167
up €2,167 (+482.3%), from €449 to €2,616
- Debts after one year -€1,298
no longer reported in 2025 (was €1,298)
- Current portion of long-term debt -€1,201
down €1,201 (-48.1%), from €2,499 to €1,298
- Gross operating margin -€36,133
down €36,133, from €24,600 to -€11,533
- Taxes -€5,000
no longer reported in 2025 (was €5,000)
- Financial charges -€387
down €387 (-46.9%), from €825 to €438
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 | €33,912 | €17,498 | -€16,414 | -48.4% |
| Current assets | 29/58 | €33,912 | €17,498 | -€16,414 | -48.4% |
| Amounts receivable within one year | 40/41 | €12,888 | €11,692 | -€1,196 | -9.3% |
| Trade receivables | 40 | €12,888 | €9,680 | -€3,208 | -24.9% |
| Other amounts receivable | 41 | - | €2,012 | +€2,012 | |
| Cash at bank and in hand | 54/58 | €21,025 | €5,806 | -€15,218 | -72.4% |
| Total equity and liabilities | 10/49 | €33,912 | €17,498 | -€16,414 | -48.4% |
| Equity | 10/15 | €18,420 | €6,448 | -€11,972 | -65.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,420 | €3,448 | -€11,972 | -77.6% |
| Amounts payable | 17/49 | €15,493 | €11,050 | -€4,442 | -28.7% |
| Amounts payable after more than one year | 17 | €1,298 | - | -€1,298 | |
| Financial debts | 170/4 | €1,298 | - | -€1,298 | |
| Amounts payable within one year | 42/48 | €14,194 | €11,050 | -€3,144 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €2,499 | €1,298 | -€1,201 | -48.1% |
| Trade debts | 44 | €449 | €2,616 | +€2,167 | +482.3% |
| Suppliers | 440/4 | €449 | €2,616 | +€2,167 | +482.3% |
| Taxes, remuneration and social security | 45 | €10,152 | €7,136 | -€3,016 | -29.7% |
| Taxes | 450/3 | €10,152 | €7,136 | -€3,016 | -29.7% |
| Other amounts payable | 47/48 | €1,094 | - | -€1,094 | |
| Other operating charges | 640/8 | €142 | - | -€142 | |
| Gross operating margin | 9900 | €24,600 | -€11,533 | -€36,133 | |
| Operating profit (loss) | 9901 | €24,458 | -€11,533 | -€35,991 | |
| Financial charges | 65/66B | €825 | €438 | -€387 | -46.9% |
| Recurring financial charges | 65 | €825 | €438 | -€387 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | €23,632 | -€11,972 | -€35,604 | |
| Income taxes | 67/77 | €5,000 | - | -€5,000 | |
| Profit (loss) for the period | 9904 | €18,632 | -€11,972 | -€30,604 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,632 | -€11,972 | -€30,604 |
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 9 October 2026 via checked.be.