LiJo-Projects: 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.
LiJo-Projects
Largest movements
- Receivables within one year -€31,175
down €31,175 (-77.2%), from €40,385 to €9,210
of which Trade receivables: -€29,552
- Cash +€11,424
up €11,424 (+45.9%), from €24,893 to €36,317
mainly Receivables within one year (+€31,175) and Net result for the year (+€18,086)
- Tangible fixed assets -€820
down €820 (-29.9%), from €2,744 to €1,924
of which Furniture and vehicles: -€678
- Accrued charges and deferred income -€15,811
no longer reported in 2025 (was €15,811)
- Reserves -€7,289
down €7,289 (-28.7%), from €25,375 to €18,086
- Other debts +€4,541
up €4,541 (+1,282%), from €354 to €4,895
- Tax, wage and social debts -€2,024
down €2,024 (-28.0%), from €7,243 to €5,218
- Gross operating margin +€9,245
up €9,245 (+46.7%), from €19,802 to €29,048
- Taxes +€3,993
up €3,993 (+120%), from €3,323 to €7,317
- Financial charges +€819
up €819 (+56.6%), from €1,446 to €2,265
- Depreciation -€325
down €325 (-28.4%), from €1,145 to €820
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 | €68,022 | €47,451 | -€20,571 | -30.2% |
| Fixed assets | 21/28 | €2,744 | €1,924 | -€820 | -29.9% |
| Tangible fixed assets | 22/27 | €2,744 | €1,924 | -€820 | -29.9% |
| Land and buildings | 22 | €1,263 | €1,121 | -€142 | -11.2% |
| Furniture and vehicles | 24 | €1,481 | €803 | -€678 | -45.8% |
| Current assets | 29/58 | €65,278 | €45,527 | -€19,751 | -30.3% |
| Amounts receivable within one year | 40/41 | €40,385 | €9,210 | -€31,175 | -77.2% |
| Trade receivables | 40 | €38,479 | €8,927 | -€29,552 | -76.8% |
| Other amounts receivable | 41 | €1,906 | €283 | -€1,623 | -85.1% |
| Cash at bank and in hand | 54/58 | €24,893 | €36,317 | +€11,424 | +45.9% |
| Total equity and liabilities | 10/49 | €68,022 | €47,451 | -€20,571 | -30.2% |
| Equity | 10/15 | €43,975 | €36,686 | -€7,289 | -16.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,375 | €18,086 | -€7,289 | -28.7% |
| Distributable reserves | 133 | €25,375 | €18,086 | -€7,289 | -28.7% |
| Amounts payable | 17/49 | €24,047 | €10,765 | -€13,282 | -55.2% |
| Amounts payable within one year | 42/48 | €8,236 | €10,765 | +€2,529 | +30.7% |
| Trade debts | 44 | €639 | €651 | +€13 | +2.0% |
| Suppliers | 440/4 | €639 | €651 | +€13 | +2.0% |
| Taxes, remuneration and social security | 45 | €7,243 | €5,218 | -€2,024 | -28.0% |
| Taxes | 450/3 | €7,243 | €5,218 | -€2,024 | -28.0% |
| Other amounts payable | 47/48 | €354 | €4,895 | +€4,541 | +1,282% |
| Accrued charges and deferred income | 492/3 | €15,811 | - | -€15,811 | |
| Non-recurring operating income | 76A | €4,525 | - | -€4,525 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,145 | €820 | -€325 | -28.4% |
| Other operating charges | 640/8 | €614 | €578 | -€36 | -5.8% |
| Gross operating margin | 9900 | €19,802 | €29,048 | +€9,245 | +46.7% |
| Operating profit (loss) | 9901 | €18,044 | €27,650 | +€9,606 | +53.2% |
| Financial income | 75/76B | €0 | €18 | +€18 | +60,400% |
| Recurring financial income | 75 | €0 | €18 | +€18 | +60,400% |
| Financial charges | 65/66B | €1,446 | €2,265 | +€819 | +56.6% |
| Recurring financial charges | 65 | €1,446 | €2,265 | +€819 | +56.6% |
| Profit (loss) for the period before taxes | 9903 | €16,598 | €25,403 | +€8,805 | +53.0% |
| Income taxes | 67/77 | €3,323 | €7,317 | +€3,993 | +120% |
| Profit (loss) for the period | 9904 | €13,274 | €18,086 | +€4,812 | +36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,274 | €18,086 | +€4,812 | +36.2% |
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 15 October 2026 via checked.be.