LJK: 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.
LJK
Largest movements
- Cash -€49,516
down €49,516 (-91.0%), from €54,407 to €4,891
mainly Investment in fixed assets (net) (-€126,179) and Net result for the year (-€42,660)
- Tangible fixed assets +€44,215
up €44,215 (+2.7%), from €1.7m to €1.7m
of which Land and buildings: +€45,140
- Other debts +€52,202
up €52,202 (+3.3%), from €1.6m to €1.6m
- Profit (loss) carried forward -€42,660
down €42,660 (-8.5%), from -€500,200 to -€542,860
- Gross operating margin -€9,573
down €9,573 (-13.5%), from €71,166 to €61,594
- Other operating charges -€3,342
down €3,342 (-16.2%), from €20,601 to €17,259
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 | €1,849,322 | €1,842,035 | -€7,287 | -0.4% |
| Fixed assets | 21/28 | €1,668,384 | €1,712,599 | +€44,215 | +2.7% |
| Tangible fixed assets | 22/27 | €1,668,384 | €1,712,599 | +€44,215 | +2.7% |
| Land and buildings | 22 | €1,665,768 | €1,710,908 | +€45,140 | +2.7% |
| Plant, machinery and equipment | 23 | €900 | €467 | -€433 | -48.1% |
| Furniture and vehicles | 24 | €1,716 | €1,224 | -€492 | -28.6% |
| Current assets | 29/58 | €180,938 | €129,436 | -€51,502 | -28.5% |
| Amounts receivable within one year | 40/41 | €122,879 | €120,585 | -€2,294 | -1.9% |
| Other amounts receivable | 41 | €122,879 | €120,585 | -€2,294 | -1.9% |
| Cash at bank and in hand | 54/58 | €54,407 | €4,891 | -€49,516 | -91.0% |
| Deferred charges and accrued income | 490/1 | €3,652 | €3,960 | +€307 | +8.4% |
| Total equity and liabilities | 10/49 | €1,849,322 | €1,842,035 | -€7,287 | -0.4% |
| Equity | 10/15 | €89,800 | €47,140 | -€42,660 | -47.5% |
| Contributions | 10/11 | €590,000 | €590,000 | = | 0.0% |
| Capital | 10 | €590,000 | €590,000 | = | 0.0% |
| Issued capital | 100 | €590,000 | €590,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€500,200 | -€542,860 | -€42,660 | -8.5% |
| Amounts payable | 17/49 | €1,759,522 | €1,794,895 | +€35,373 | +2.0% |
| Amounts payable after more than one year | 17 | €170,911 | €154,102 | -€16,808 | -9.8% |
| Financial debts | 170/4 | €170,911 | €154,102 | -€16,808 | -9.8% |
| Amounts payable within one year | 42/48 | €1,588,611 | €1,640,793 | +€52,182 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €16,472 | €16,808 | +€336 | +2.0% |
| Trade debts | 44 | €452 | €58 | -€395 | -87.2% |
| Suppliers | 440/4 | €452 | €58 | -€395 | -87.2% |
| Taxes, remuneration and social security | 45 | €1,295 | €1,333 | +€38 | +2.9% |
| Taxes | 450/3 | €1,295 | €1,333 | +€38 | +2.9% |
| Other amounts payable | 47/48 | €1,570,392 | €1,622,594 | +€52,202 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,799 | €81,964 | +€165 | +0.2% |
| Other operating charges | 640/8 | €20,601 | €17,259 | -€3,342 | -16.2% |
| Gross operating margin | 9900 | €71,166 | €61,594 | -€9,573 | -13.5% |
| Operating profit (loss) | 9901 | -€31,233 | -€37,629 | -€6,396 | -20.5% |
| Financial income | 75/76B | €0 | €45 | +€45 | +20572.7% |
| Recurring financial income | 75 | €0 | €45 | +€45 | +20572.7% |
| Financial charges | 65/66B | €5,012 | €4,306 | -€706 | -14.1% |
| Recurring financial charges | 65 | €5,012 | €4,306 | -€706 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | -€36,245 | -€41,889 | -€5,644 | -15.6% |
| Income taxes | 67/77 | €755 | €770 | +€16 | +2.1% |
| Profit (loss) for the period | 9904 | -€37,000 | -€42,660 | -€5,660 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,000 | -€42,660 | -€5,660 | -15.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.