LJ Consult: 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.
LJ Consult
Largest movements
- Cash +€33,367
up €33,367 (+146%), from €22,794 to €56,161
mainly Net result for the year (+€28,129) and Other debts (+€17,725)
- Tangible fixed assets -€17,754
down €17,754 (-23.2%), from €76,517 to €58,763
of which Plant, machinery and equipment: -€24,661
- Receivables within one year +€3,149
up €3,149 (+6.4%), from €48,889 to €52,038
of which Other amounts receivable: +€6,907
- Debts after one year -€25,010
down €25,010 (-41.2%), from €60,680 to €35,670
- Other debts +€17,725
new in 2025: €17,725
- Current portion of long-term debt +€14,023
up €14,023 (+53.2%), from €26,361 to €40,384
- Reserves +€10,404
up €10,404 (+30.2%), from €34,420 to €44,824
- Trade debts +€2,992
up €2,992 (+21.1%), from €14,147 to €17,138
- Gross operating margin -€33,077
down €33,077 (-36.7%), from €90,057 to €56,980
- Turnover -€26,459
down €26,459 (-10.4%), from €254,507 to €228,049
- Financial income +€24,657
up €24,657 (+3,846%), from €641 to €25,298
of which Non-recurring financial income: +€23,864
- Staff costs -€22,364
down €22,364 (-56.1%), from €39,872 to €17,508
- Depreciation -€13,875
down €13,875 (-44.5%), from €31,211 to €17,336
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 | €150,130 | €169,181 | +€19,051 | +12.7% |
| Fixed assets | 21/28 | €76,615 | €58,861 | -€17,754 | -23.2% |
| Tangible fixed assets | 22/27 | €76,517 | €58,763 | -€17,754 | -23.2% |
| Plant, machinery and equipment | 23 | €59,855 | €35,195 | -€24,661 | -41.2% |
| Furniture and vehicles | 24 | €16,662 | €23,569 | +€6,907 | +41.5% |
| Financial fixed assets | 28 | €98 | €98 | = | 0.0% |
| Current assets | 29/58 | €73,515 | €110,320 | +€36,805 | +50.1% |
| Amounts receivable within one year | 40/41 | €48,889 | €52,038 | +€3,149 | +6.4% |
| Trade receivables | 40 | €34,451 | €30,693 | -€3,758 | -10.9% |
| Other amounts receivable | 41 | €14,438 | €21,345 | +€6,907 | +47.8% |
| Cash at bank and in hand | 54/58 | €22,794 | €56,161 | +€33,367 | +146% |
| Deferred charges and accrued income | 490/1 | €1,832 | €2,121 | +€289 | +15.8% |
| Total equity and liabilities | 10/49 | €150,130 | €169,181 | +€19,051 | +12.7% |
| Equity | 10/15 | €35,428 | €45,832 | +€10,404 | +29.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €34,420 | €44,824 | +€10,404 | +30.2% |
| Distributable reserves | 133 | €34,420 | €44,824 | +€10,404 | +30.2% |
| Profit (loss) carried forward | 14 | -€5,192 | -€5,192 | = | 0.0% |
| Amounts payable | 17/49 | €114,702 | €123,350 | +€8,647 | +7.5% |
| Amounts payable after more than one year | 17 | €60,680 | €35,670 | -€25,010 | -41.2% |
| Financial debts | 170/4 | €60,680 | €35,670 | -€25,010 | -41.2% |
| Amounts payable within one year | 42/48 | €54,023 | €87,679 | +€33,657 | +62.3% |
| Current portion of amounts payable after more than one year | 42 | €26,361 | €40,384 | +€14,023 | +53.2% |
| Trade debts | 44 | €14,147 | €17,138 | +€2,992 | +21.1% |
| Suppliers | 440/4 | €14,147 | €17,138 | +€2,992 | +21.1% |
| Taxes, remuneration and social security | 45 | €13,515 | €12,432 | -€1,083 | -8.0% |
| Taxes | 450/3 | €4,499 | €11,204 | +€6,705 | +149% |
| Remuneration and social security | 454/9 | €9,016 | €1,228 | -€7,788 | -86.4% |
| Other amounts payable | 47/48 | - | €17,725 | +€17,725 | |
| Turnover | 70 | €254,507 | €228,049 | -€26,459 | -10.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €171,505 | €175,242 | +€3,737 | +2.2% |
| Remuneration, social security and pensions | 62 | €39,872 | €17,508 | -€22,364 | -56.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,211 | €17,336 | -€13,875 | -44.5% |
| Other operating charges | 640/8 | €1,969 | €1,191 | -€779 | -39.5% |
| Gross operating margin | 9900 | €90,057 | €56,980 | -€33,077 | -36.7% |
| Operating profit (loss) | 9901 | €17,005 | €20,945 | +€3,941 | +23.2% |
| Financial income | 75/76B | €641 | €25,298 | +€24,657 | +3,846% |
| Recurring financial income | 75 | €641 | €1,435 | +€794 | +124% |
| Non-recurring financial income | 76B | - | €23,864 | +€23,864 | |
| Financial charges | 65/66B | €3,263 | €3,040 | -€223 | -6.8% |
| Recurring financial charges | 65 | €3,263 | €3,040 | -€223 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €14,382 | €43,204 | +€28,821 | +200% |
| Income taxes | 67/77 | €6,635 | €15,074 | +€8,439 | +127% |
| Profit (loss) for the period | 9904 | €7,748 | €28,129 | +€20,382 | +263% |
| Profit (loss) for the period to be appropriated | 9905 | €7,748 | €28,129 | +€20,382 | +263% |
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 19 October 2026 via checked.be.