LJF-MANAGEMENT: 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.
LJF-MANAGEMENT
Largest movements
- Receivables within one year +€66,840
up €66,840 (+136.4%), from €49,009 to €115,849
of which Other amounts receivable: +€38,086
- Cash -€8,889
down €8,889 (-38.7%), from €22,946 to €14,057
mainly Receivables within one year (-€66,840) and Trade debts (-€2,045)
- Tangible fixed assets -€1,874
down €1,874 (-24.4%), from €7,663 to €5,790
of which Furniture and vehicles: -€1,593
- Reserves +€51,339
up €51,339 (+92.7%), from €55,358 to €106,696
- Tax, wage and social debts +€7,414
up €7,414 (+53.1%), from €13,972 to €21,386
- Trade debts -€2,045
down €2,045 (-50.0%), from €4,089 to €2,044
- Gross operating margin -€9,895
down €9,895 (-11.6%), from €84,951 to €75,056
- Financial income +€2,457
up €2,457 (+247.4%), from €993 to €3,450
- Financial charges +€987
up €987 (+50.6%), from €1,953 to €2,940
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.
Cash bridge derived
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 | €79,619 | €136,326 | +€56,707 | +71.2% |
| Fixed assets | 21/28 | €7,663 | €5,790 | -€1,874 | -24.4% |
| Tangible fixed assets | 22/27 | €7,663 | €5,790 | -€1,874 | -24.4% |
| Furniture and vehicles | 24 | €4,875 | €3,283 | -€1,593 | -32.7% |
| Other tangible fixed assets | 26 | €2,788 | €2,507 | -€281 | -10.1% |
| Current assets | 29/58 | €71,956 | €130,536 | +€58,581 | +81.4% |
| Amounts receivable within one year | 40/41 | €49,009 | €115,849 | +€66,840 | +136.4% |
| Trade receivables | 40 | €46 | €28,800 | +€28,754 | +61955.6% |
| Other amounts receivable | 41 | €48,963 | €87,049 | +€38,086 | +77.8% |
| Cash at bank and in hand | 54/58 | €22,946 | €14,057 | -€8,889 | -38.7% |
| Deferred charges and accrued income | 490/1 | - | €630 | +€630 | |
| Total equity and liabilities | 10/49 | €79,619 | €136,326 | +€56,707 | +71.2% |
| Equity | 10/15 | €61,558 | €112,896 | +€51,339 | +83.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €55,358 | €106,696 | +€51,339 | +92.7% |
| Distributable reserves | 133 | €55,358 | €106,696 | +€51,339 | +92.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €18,061 | €23,430 | +€5,369 | +29.7% |
| Amounts payable within one year | 42/48 | €18,061 | €23,430 | +€5,369 | +29.7% |
| Trade debts | 44 | €4,089 | €2,044 | -€2,045 | -50.0% |
| Suppliers | 440/4 | €4,089 | €2,044 | -€2,045 | -50.0% |
| Taxes, remuneration and social security | 45 | €13,972 | €21,386 | +€7,414 | +53.1% |
| Taxes | 450/3 | €13,972 | €21,386 | +€7,414 | +53.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,050 | €1,874 | +€824 | +78.5% |
| Other operating charges | 640/8 | €437 | €732 | +€295 | +67.5% |
| Non-recurring operating charges | 66A | €6,356 | €0 | -€6,356 | -100.0% |
| Gross operating margin | 9900 | €84,951 | €75,056 | -€9,895 | -11.6% |
| Operating profit (loss) | 9901 | €77,108 | €72,450 | -€4,658 | -6.0% |
| Financial income | 75/76B | €993 | €3,450 | +€2,457 | +247.4% |
| Recurring financial income | 75 | €993 | €3,450 | +€2,457 | +247.4% |
| Financial charges | 65/66B | €1,953 | €2,940 | +€987 | +50.6% |
| Recurring financial charges | 65 | €1,953 | €2,940 | +€987 | +50.6% |
| Profit (loss) for the period before taxes | 9903 | €76,149 | €72,960 | -€3,188 | -4.2% |
| Income taxes | 67/77 | €22,266 | €21,622 | -€644 | -2.9% |
| Profit (loss) for the period | 9904 | €53,883 | €51,339 | -€2,545 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €53,883 | €51,339 | -€2,545 | -4.7% |
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 12 October 2026 via checked.be.