LFJ Concepts: 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.
LFJ Concepts
Largest movements
- Cash -€23,533
down €23,533 (-42.8%), from €54,990 to €31,458
mainly Contributions, distributions and other (-€60,000) and Investment in fixed assets (net) (-€20,338)
- Tangible fixed assets +€18,889
new in 2025: €18,889
- Receivables within one year -€12,000
down €12,000 (-43.1%), from €27,850 to €15,851
of which Other amounts receivable: -€6,559
- Reserves -€60,000
down €60,000 (-91.8%), from €65,390 to €5,390
- Other debts +€52,827
new in 2025: €52,827
- Profit (loss) carried forward -€4,393
new in 2025: -€4,393
- Tax, wage and social debts -€4,344
down €4,344 (-39.0%), from €11,128 to €6,784
of which Remuneration and social security: -€2,650
- Gross operating margin -€51,249
down €51,249, from €49,553 to -€1,696
- Taxes -€10,234
down €10,234 (-95.1%), from €10,762 to €529
- Depreciation +€1,449
new in 2025: €1,449
- Other operating charges -€850
down €850 (-56.6%), from €1,502 to €652
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 | €83,461 | €66,943 | -€16,518 | -19.8% |
| Fixed assets | 21/28 | - | €18,889 | +€18,889 | |
| Tangible fixed assets | 22/27 | - | €18,889 | +€18,889 | |
| Furniture and vehicles | 24 | - | €18,889 | +€18,889 | |
| Current assets | 29/58 | €83,461 | €48,055 | -€35,406 | -42.4% |
| Amounts receivable within one year | 40/41 | €27,850 | €15,851 | -€12,000 | -43.1% |
| Trade receivables | 40 | €16,193 | €10,752 | -€5,441 | -33.6% |
| Other amounts receivable | 41 | €11,657 | €5,098 | -€6,559 | -56.3% |
| Cash at bank and in hand | 54/58 | €54,990 | €31,458 | -€23,533 | -42.8% |
| Deferred charges and accrued income | 490/1 | €621 | €746 | +€126 | +20.2% |
| Total equity and liabilities | 10/49 | €83,461 | €66,943 | -€16,518 | -19.8% |
| Equity | 10/15 | €70,390 | €5,998 | -€64,393 | -91.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €65,390 | €5,390 | -€60,000 | -91.8% |
| Distributable reserves | 133 | €65,390 | €5,390 | -€60,000 | -91.8% |
| Profit (loss) carried forward | 14 | - | -€4,393 | -€4,393 | |
| Amounts payable | 17/49 | €13,071 | €60,946 | +€47,875 | +366% |
| Amounts payable within one year | 42/48 | €13,071 | €60,896 | +€47,825 | +366% |
| Financial debts | 43 | - | €45 | +€45 | |
| Credit institutions | 430/8 | - | €45 | +€45 | |
| Trade debts | 44 | €1,943 | €1,241 | -€703 | -36.2% |
| Suppliers | 440/4 | €1,943 | €1,241 | -€703 | -36.2% |
| Taxes, remuneration and social security | 45 | €11,128 | €6,784 | -€4,344 | -39.0% |
| Taxes | 450/3 | €8,478 | €6,784 | -€1,694 | -20.0% |
| Remuneration and social security | 454/9 | €2,650 | €0 | -€2,650 | -100% |
| Other amounts payable | 47/48 | - | €52,827 | +€52,827 | |
| Accrued charges and deferred income | 492/3 | - | €50 | +€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,449 | +€1,449 | |
| Other operating charges | 640/8 | €1,502 | €652 | -€850 | -56.6% |
| Gross operating margin | 9900 | €49,553 | -€1,696 | -€51,249 | |
| Operating profit (loss) | 9901 | €48,051 | -€3,797 | -€51,847 | |
| Financial income | 75/76B | €621 | €166 | -€455 | -73.3% |
| Recurring financial income | 75 | €621 | €166 | -€455 | -73.3% |
| Financial charges | 65/66B | €398 | €233 | -€165 | -41.5% |
| Recurring financial charges | 65 | €398 | €233 | -€165 | -41.5% |
| Profit (loss) for the period before taxes | 9903 | €48,273 | -€3,864 | -€52,137 | |
| Income taxes | 67/77 | €10,762 | €529 | -€10,234 | -95.1% |
| Profit (loss) for the period | 9904 | €37,511 | -€4,393 | -€41,903 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,511 | -€4,393 | -€41,903 |
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 25 October 2026 via checked.be.