LJ GROUP: 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 GROUP
Largest movements
- Cash -€7,558
down €7,558 (-54.2%), from €13,941 to €6,383
mainly Investment in fixed assets (net) (-€10,000) and Debts after one year (-€5,966)
- Tangible fixed assets +€5,235
up €5,235 (+48.8%), from €10,738 to €15,974
of which Other tangible fixed assets: +€5,395
- Stocks and contracts +€5,055
up €5,055 (+4.2%), from €119,295 to €124,350
- Debts after one year -€5,966
down €5,966 (-28.3%), from €21,060 to €15,094
- Tax, wage and social debts -€5,506
down €5,506 (-74.3%), from €7,412 to €1,906
of which Taxes: -€5,425
- Trade debts +€5,285
up €5,285 (+16.5%), from €32,084 to €37,369
- Current portion of long-term debt +€3,807
up €3,807 (+25.9%), from €14,677 to €18,484
- Other debts +€2,000
up €2,000 (+2,303%), from €87 to €2,087
- Staff costs +€6,340
new in 2025: €6,340
- Gross operating margin -€5,599
down €5,599 (-17.1%), from €32,727 to €27,128
- Taxes +€3,517
up €3,517 (+142%), from €2,480 to €5,997
- Depreciation +€2,000
up €2,000 (+72.3%), from €2,765 to €4,765
- Other operating charges -€1,271
down €1,271 (-44.7%), from €2,845 to €1,573
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 | €157,728 | €159,247 | +€1,519 | +1.0% |
| Fixed assets | 21/28 | €11,798 | €17,034 | +€5,235 | +44.4% |
| Tangible fixed assets | 22/27 | €10,738 | €15,974 | +€5,235 | +48.8% |
| Furniture and vehicles | 24 | €320 | €160 | -€160 | -50.0% |
| Other tangible fixed assets | 26 | €10,418 | €15,814 | +€5,395 | +51.8% |
| Financial fixed assets | 28 | €1,060 | €1,060 | = | 0.0% |
| Current assets | 29/58 | €145,929 | €142,213 | -€3,716 | -2.5% |
| Stocks and contracts in progress | 3 | €119,295 | €124,350 | +€5,055 | +4.2% |
| Stocks | 30/36 | €119,295 | €124,350 | +€5,055 | +4.2% |
| Amounts receivable within one year | 40/41 | €10,825 | €10,783 | -€43 | -0.4% |
| Trade receivables | 40 | €10,710 | - | -€10,710 | |
| Other amounts receivable | 41 | €115 | €10,783 | +€10,667 | +9,242% |
| Cash at bank and in hand | 54/58 | €13,941 | €6,383 | -€7,558 | -54.2% |
| Deferred charges and accrued income | 490/1 | €1,868 | €697 | -€1,171 | -62.7% |
| Total equity and liabilities | 10/49 | €157,728 | €159,247 | +€1,519 | +1.0% |
| Equity | 10/15 | €82,408 | €84,307 | +€1,898 | +2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,808 | €65,707 | +€1,898 | +3.0% |
| Amounts payable | 17/49 | €75,320 | €74,940 | -€379 | -0.5% |
| Amounts payable after more than one year | 17 | €21,060 | €15,094 | -€5,966 | -28.3% |
| Financial debts | 170/4 | €21,060 | €15,094 | -€5,966 | -28.3% |
| Amounts payable within one year | 42/48 | €54,260 | €59,846 | +€5,586 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €14,677 | €18,484 | +€3,807 | +25.9% |
| Trade debts | 44 | €32,084 | €37,369 | +€5,285 | +16.5% |
| Suppliers | 440/4 | €32,084 | €37,369 | +€5,285 | +16.5% |
| Taxes, remuneration and social security | 45 | €7,412 | €1,906 | -€5,506 | -74.3% |
| Taxes | 450/3 | €6,531 | €1,106 | -€5,425 | -83.1% |
| Remuneration and social security | 454/9 | €881 | €800 | -€81 | -9.2% |
| Other amounts payable | 47/48 | €87 | €2,087 | +€2,000 | +2,303% |
| Remuneration, social security and pensions | 62 | - | €6,340 | +€6,340 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,765 | €4,765 | +€2,000 | +72.3% |
| Other operating charges | 640/8 | €2,845 | €1,573 | -€1,271 | -44.7% |
| Gross operating margin | 9900 | €32,727 | €27,128 | -€5,599 | -17.1% |
| Operating profit (loss) | 9901 | €27,118 | €14,450 | -€12,668 | -46.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -85.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -85.0% |
| Financial charges | 65/66B | €7,048 | €6,555 | -€494 | -7.0% |
| Recurring financial charges | 65 | €7,048 | €6,555 | -€494 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €20,071 | €7,896 | -€12,175 | -60.7% |
| Income taxes | 67/77 | €2,480 | €5,997 | +€3,517 | +142% |
| Profit (loss) for the period | 9904 | €17,591 | €1,898 | -€15,692 | -89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,591 | €1,898 | -€15,692 | -89.2% |
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 18 October 2026 via checked.be.