LJKine: 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.
LJKine
Largest movements
- Tangible fixed assets +€25,080
up €25,080 (+6.4%), from €394,756 to €419,836
of which Land and buildings: +€34,673
- Reserves +€31,307
up €31,307 (+27.0%), from €115,921 to €147,228
- Debts after one year -€23,965
down €23,965 (-15.1%), from €158,832 to €134,867
- Accrued charges and deferred income +€11,949
new in 2025: €11,949
- Gross operating margin +€15,342
up €15,342 (+20.5%), from €75,010 to €90,352
- Depreciation +€6,131
up €6,131 (+17.7%), from €34,654 to €40,786
- Taxes +€1,771
up €1,771 (+19.9%), from €8,899 to €10,670
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 | €445,988 | €465,266 | +€19,277 | +4.3% |
| Fixed assets | 21/28 | €394,756 | €419,836 | +€25,080 | +6.4% |
| Tangible fixed assets | 22/27 | €394,756 | €419,836 | +€25,080 | +6.4% |
| Land and buildings | 22 | €321,526 | €356,200 | +€34,673 | +10.8% |
| Plant, machinery and equipment | 23 | €13,927 | €24,978 | +€11,052 | +79.4% |
| Furniture and vehicles | 24 | €59,303 | €38,658 | -€20,645 | -34.8% |
| Current assets | 29/58 | €51,233 | €45,430 | -€5,803 | -11.3% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €47,943 | €43,429 | -€4,515 | -9.4% |
| Deferred charges and accrued income | 490/1 | €3,289 | €2,001 | -€1,288 | -39.2% |
| Total equity and liabilities | 10/49 | €445,988 | €465,266 | +€19,277 | +4.3% |
| Equity | 10/15 | €171,921 | €203,228 | +€31,307 | +18.2% |
| Contributions | 10/11 | €56,000 | €56,000 | = | 0.0% |
| Reserves | 13 | €115,921 | €147,228 | +€31,307 | +27.0% |
| Distributable reserves | 133 | €115,921 | €147,228 | +€31,307 | +27.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €274,068 | €262,038 | -€12,030 | -4.4% |
| Amounts payable after more than one year | 17 | €158,832 | €134,867 | -€23,965 | -15.1% |
| Financial debts | 170/4 | €158,832 | €134,867 | -€23,965 | -15.1% |
| Amounts payable within one year | 42/48 | €115,236 | €115,222 | -€14 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €23,546 | €23,965 | +€419 | +1.8% |
| Trade debts | 44 | €54 | €2,360 | +€2,306 | +4,292% |
| Suppliers | 440/4 | €54 | €2,360 | +€2,306 | +4,292% |
| Taxes, remuneration and social security | 45 | €1,799 | €605 | -€1,194 | -66.4% |
| Taxes | 450/3 | €1,799 | €605 | -€1,194 | -66.4% |
| Other amounts payable | 47/48 | €89,837 | €88,292 | -€1,545 | -1.7% |
| Accrued charges and deferred income | 492/3 | - | €11,949 | +€11,949 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,654 | €40,786 | +€6,131 | +17.7% |
| Other operating charges | 640/8 | €2,248 | €2,189 | -€58 | -2.6% |
| Gross operating margin | 9900 | €75,010 | €90,352 | +€15,342 | +20.5% |
| Operating profit (loss) | 9901 | €38,108 | €47,377 | +€9,269 | +24.3% |
| Financial income | 75/76B | €38 | €220 | +€183 | +483% |
| Recurring financial income | 75 | €38 | €220 | +€183 | +483% |
| Financial charges | 65/66B | €5,212 | €4,620 | -€592 | -11.4% |
| Recurring financial charges | 65 | €5,212 | €4,620 | -€592 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €32,934 | €42,978 | +€10,044 | +30.5% |
| Income taxes | 67/77 | €8,899 | €10,670 | +€1,771 | +19.9% |
| Profit (loss) for the period | 9904 | €24,035 | €32,307 | +€8,273 | +34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,035 | €32,307 | +€8,273 | +34.4% |
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 22 October 2026 via checked.be.