LJM: 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.
LJM
Largest movements
- Receivables within one year +€70,379
up €70,379 (+65.9%), from €106,764 to €177,142
of which Other amounts receivable: +€70,590
- Tangible fixed assets -€22,041
down €22,041 (-29.8%), from €74,033 to €51,992
of which Furniture and vehicles: -€20,385
- Reserves +€57,944
up €57,944 (+29.2%), from €198,760 to €256,703
- Debts after one year -€12,749
down €12,749 (-66.3%), from €19,219 to €6,471
- Tax, wage and social debts +€9,802
up €9,802 (+112.8%), from €8,693 to €18,495
- Trade debts -€5,530
down €5,530 (-41.1%), from €13,456 to €7,926
- Gross operating margin +€40,078
up €40,078 (+66.6%), from €60,171 to €100,249
- Taxes +€10,883
up €10,883 (+80.2%), from €13,568 to €24,451
- Financial income +€4,978
up €4,978 (+132.7%), from €3,751 to €8,730
- Financial charges +€1,044
up €1,044 (+51.3%), from €2,035 to €3,080
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €258,825 | €308,544 | +€49,718 | +19.2% |
| Fixed assets | 21/28 | €74,033 | €51,992 | -€22,041 | -29.8% |
| Tangible fixed assets | 22/27 | €74,033 | €51,992 | -€22,041 | -29.8% |
| Land and buildings | 22 | €54 | - | -€54 | |
| Plant, machinery and equipment | 23 | €5,554 | €3,952 | -€1,602 | -28.8% |
| Furniture and vehicles | 24 | €68,425 | €48,040 | -€20,385 | -29.8% |
| Current assets | 29/58 | €184,793 | €256,551 | +€71,759 | +38.8% |
| Amounts receivable after more than one year | 29 | €61,000 | €61,000 | = | 0.0% |
| Other amounts receivable | 291 | €61,000 | €61,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €106,764 | €177,142 | +€70,379 | +65.9% |
| Trade receivables | 40 | €17,878 | €17,666 | -€212 | -1.2% |
| Other amounts receivable | 41 | €88,886 | €159,476 | +€70,590 | +79.4% |
| Cash at bank and in hand | 54/58 | €17,029 | €18,409 | +€1,380 | +8.1% |
| Total equity and liabilities | 10/49 | €258,825 | €308,544 | +€49,718 | +19.2% |
| Equity | 10/15 | €204,960 | €262,903 | +€57,944 | +28.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €198,760 | €256,703 | +€57,944 | +29.2% |
| Distributable reserves | 133 | €198,760 | €256,703 | +€57,944 | +29.2% |
| Amounts payable | 17/49 | €53,866 | €45,640 | -€8,225 | -15.3% |
| Amounts payable after more than one year | 17 | €19,219 | €6,471 | -€12,749 | -66.3% |
| Financial debts | 170/4 | €19,219 | €6,471 | -€12,749 | -66.3% |
| Amounts payable within one year | 42/48 | €34,646 | €39,170 | +€4,524 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €12,497 | €12,749 | +€252 | +2.0% |
| Trade debts | 44 | €13,456 | €7,926 | -€5,530 | -41.1% |
| Suppliers | 440/4 | €13,456 | €7,926 | -€5,530 | -41.1% |
| Taxes, remuneration and social security | 45 | €8,693 | €18,495 | +€9,802 | +112.8% |
| Taxes | 450/3 | €8,693 | €18,495 | +€9,802 | +112.8% |
| Non-recurring operating income | 76A | €8,145 | - | -€8,145 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,759 | €22,041 | +€282 | +1.3% |
| Other operating charges | 640/8 | €1,095 | €1,463 | +€369 | +33.7% |
| Gross operating margin | 9900 | €60,171 | €100,249 | +€40,078 | +66.6% |
| Operating profit (loss) | 9901 | €37,318 | €76,745 | +€39,427 | +105.7% |
| Financial income | 75/76B | €3,751 | €8,730 | +€4,978 | +132.7% |
| Recurring financial income | 75 | €3,751 | €8,730 | +€4,978 | +132.7% |
| Financial charges | 65/66B | €2,035 | €3,080 | +€1,044 | +51.3% |
| Recurring financial charges | 65 | €2,035 | €3,080 | +€1,044 | +51.3% |
| Profit (loss) for the period before taxes | 9903 | €39,034 | €82,395 | +€43,361 | +111.1% |
| Income taxes | 67/77 | €13,568 | €24,451 | +€10,883 | +80.2% |
| Profit (loss) for the period | 9904 | €25,466 | €57,944 | +€32,478 | +127.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,466 | €57,944 | +€32,478 | +127.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.