LJ-SYNDIC: 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-SYNDIC
Largest movements
- Receivables within one year +€22,956
up €22,956 (+816%), from €2,813 to €25,768
of which Trade receivables: +€22,312
- Tangible fixed assets -€17,085
down €17,085 (-36.8%), from €46,428 to €29,343
of which Furniture and vehicles: -€12,881
- Cash +€1,941
up €1,941 (+16.5%), from €11,750 to €13,691
mainly Net result for the year (+€17,311) and Depreciation (+€17,285)
- Deferred charges and accrued income +€741
up €741 (+66.8%), from €1,110 to €1,851
- Profit (loss) carried forward +€16,478
up €16,478 (+347%), from €4,746 to €21,225
- Debts after one year -€10,885
down €10,885 (-66.0%), from €16,489 to €5,603
- Tax, wage and social debts +€2,964
up €2,964 (+42.7%), from €6,944 to €9,908
of which Remuneration and social security: +€2,964
- Current portion of long-term debt -€2,214
down €2,214 (-16.9%), from €13,099 to €10,885
- Trade debts +€1,265
up €1,265 (+401%), from €316 to €1,581
- Gross operating margin +€10,159
up €10,159 (+13.7%), from €74,205 to €84,364
- Staff costs +€3,964
up €3,964 (+10.4%), from €38,238 to €42,203
- Taxes +€3,393
up €3,393 (+173%), from €1,963 to €5,357
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 | €62,599 | €70,952 | +€8,353 | +13.3% |
| Fixed assets | 21/28 | €46,927 | €29,642 | -€17,285 | -36.8% |
| Intangible fixed assets | 21 | €499 | €299 | -€200 | -40.1% |
| Tangible fixed assets | 22/27 | €46,428 | €29,343 | -€17,085 | -36.8% |
| Furniture and vehicles | 24 | €32,867 | €19,985 | -€12,881 | -39.2% |
| Other tangible fixed assets | 26 | €13,561 | €9,358 | -€4,203 | -31.0% |
| Current assets | 29/58 | €15,673 | €41,310 | +€25,638 | +164% |
| Amounts receivable within one year | 40/41 | €2,813 | €25,768 | +€22,956 | +816% |
| Trade receivables | 40 | €2,813 | €25,125 | +€22,312 | +793% |
| Other amounts receivable | 41 | - | €643 | +€643 | |
| Cash at bank and in hand | 54/58 | €11,750 | €13,691 | +€1,941 | +16.5% |
| Deferred charges and accrued income | 490/1 | €1,110 | €1,851 | +€741 | +66.8% |
| Total equity and liabilities | 10/49 | €62,599 | €70,952 | +€8,353 | +13.3% |
| Equity | 10/15 | €14,746 | €31,225 | +€16,478 | +112% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,746 | €21,225 | +€16,478 | +347% |
| Amounts payable | 17/49 | €47,853 | €39,728 | -€8,125 | -17.0% |
| Amounts payable after more than one year | 17 | €16,489 | €5,603 | -€10,885 | -66.0% |
| Financial debts | 170/4 | €16,489 | €5,603 | -€10,885 | -66.0% |
| Amounts payable within one year | 42/48 | €31,364 | €34,124 | +€2,760 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €13,099 | €10,885 | -€2,214 | -16.9% |
| Trade debts | 44 | €316 | €1,581 | +€1,265 | +401% |
| Suppliers | 440/4 | €316 | €1,581 | +€1,265 | +401% |
| Taxes, remuneration and social security | 45 | €6,944 | €9,908 | +€2,964 | +42.7% |
| Taxes | 450/3 | €1,963 | €1,963 | = | 0.0% |
| Remuneration and social security | 454/9 | €4,981 | €7,944 | +€2,964 | +59.5% |
| Other amounts payable | 47/48 | €11,005 | €11,750 | +€745 | +6.8% |
| Remuneration, social security and pensions | 62 | €38,238 | €42,203 | +€3,964 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,786 | €17,285 | +€499 | +3.0% |
| Other operating charges | 640/8 | €749 | €1,189 | +€440 | +58.7% |
| Gross operating margin | 9900 | €74,205 | €84,364 | +€10,159 | +13.7% |
| Operating profit (loss) | 9901 | €18,431 | €23,688 | +€5,256 | +28.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,582 | €1,020 | -€562 | -35.5% |
| Recurring financial charges | 65 | €1,582 | €1,020 | -€562 | -35.5% |
| Profit (loss) for the period before taxes | 9903 | €16,849 | €22,668 | +€5,819 | +34.5% |
| Income taxes | 67/77 | €1,963 | €5,357 | +€3,393 | +173% |
| Profit (loss) for the period | 9904 | €14,886 | €17,311 | +€2,426 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,886 | €17,311 | +€2,426 | +16.3% |
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 14 October 2026 via checked.be.