LJL STUDIO: what changed
Two fiscal 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.
LJL STUDIO
Largest movements
- Receivables within one year -€16,071
down €16,071 (-80.5%), from €19,955 to €3,884
of which Trade receivables: -€12,357
- Cash +€10,225
up €10,225 (+23.6%), from €43,300 to €53,526
mainly Receivables within one year (+€16,071) and Depreciation (+€5,366)
- Tangible fixed assets -€4,501
down €4,501 (-58.2%), from €7,730 to €3,229
- Tax, wage and social debts -€7,980
down €7,980 (-98.3%), from €8,121 to €141
- Profit (loss) carried forward -€2,592
down €2,592, from €4 to -€2,588
- Advances received -€1,983
no longer reported in 2025 (was €1,983)
- Trade debts +€1,533
up €1,533 (+165.2%), from €928 to €2,461
- Gross operating margin -€20,364
down €20,364 (-85.7%), from €23,770 to €3,406
- Taxes -€5,737
no longer reported in 2025 (was €5,737)
- Depreciation +€858
up €858 (+19.0%), from €4,508 to €5,366
- Other operating charges +€395
up €395 (+610.2%), from €65 to €460
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 | €73,725 | €62,514 | -€11,211 | -15.2% |
| Formation expenses | 20 | €1,829 | €1,255 | -€573 | -31.3% |
| Fixed assets | 21/28 | €8,642 | €3,849 | -€4,793 | -55.5% |
| Intangible fixed assets | 21 | €912 | €620 | -€292 | -32.0% |
| Tangible fixed assets | 22/27 | €7,730 | €3,229 | -€4,501 | -58.2% |
| Furniture and vehicles | 24 | €7,730 | €3,229 | -€4,501 | -58.2% |
| Current assets | 29/58 | €63,255 | €57,410 | -€5,845 | -9.2% |
| Amounts receivable within one year | 40/41 | €19,955 | €3,884 | -€16,071 | -80.5% |
| Trade receivables | 40 | €15,510 | €3,153 | -€12,357 | -79.7% |
| Other amounts receivable | 41 | €4,445 | €731 | -€3,713 | -83.5% |
| Cash at bank and in hand | 54/58 | €43,300 | €53,526 | +€10,225 | +23.6% |
| Total equity and liabilities | 10/49 | €73,725 | €62,514 | -€11,211 | -15.2% |
| Equity | 10/15 | €60,654 | €58,062 | -€2,592 | -4.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €59,650 | €59,650 | = | 0.0% |
| Distributable reserves | 133 | €59,650 | €59,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4 | -€2,588 | -€2,592 | |
| Amounts payable | 17/49 | €13,072 | €4,452 | -€8,620 | -65.9% |
| Amounts payable within one year | 42/48 | €13,072 | €4,452 | -€8,620 | -65.9% |
| Trade debts | 44 | €928 | €2,461 | +€1,533 | +165.2% |
| Suppliers | 440/4 | €928 | €2,461 | +€1,533 | +165.2% |
| Advances received on contracts in progress | 46 | €1,983 | - | -€1,983 | |
| Taxes, remuneration and social security | 45 | €8,121 | €141 | -€7,980 | -98.3% |
| Taxes | 450/3 | €8,121 | €141 | -€7,980 | -98.3% |
| Other amounts payable | 47/48 | €2,040 | €1,850 | -€190 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,508 | €5,366 | +€858 | +19.0% |
| Other operating charges | 640/8 | €65 | €460 | +€395 | +610.2% |
| Gross operating margin | 9900 | €23,770 | €3,406 | -€20,364 | -85.7% |
| Operating profit (loss) | 9901 | €19,197 | -€2,420 | -€21,617 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €143 | €172 | +€29 | +20.2% |
| Recurring financial charges | 65 | €143 | €172 | +€29 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €19,055 | -€2,592 | -€21,647 | |
| Income taxes | 67/77 | €5,737 | - | -€5,737 | |
| Profit (loss) for the period | 9904 | €13,317 | -€2,592 | -€15,909 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,317 | -€2,592 | -€15,909 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.