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
- Tangible fixed assets -€2,850
down €2,850 (-12.4%), from €22,898 to €20,049
- Cash -€1,156
down €1,156 (-25.2%), from €4,583 to €3,426
mainly Net result for the year (-€5,243) and Debts after one year (-€1,876)
- Profit (loss) carried forward -€5,243
down €5,243 (-116.9%), from -€4,486 to -€9,729
- Other debts +€4,321
up €4,321 (+388.2%), from €1,113 to €5,434
- Debts after one year -€1,876
down €1,876 (-13.0%), from €14,450 to €12,573
- Current portion of long-term debt -€1,114
down €1,114 (-37.3%), from €2,990 to €1,876
- Gross operating margin -€6,316
down €6,316, from €5,290 to -€1,026
- Other operating charges -€411
down €411 (-46.8%), from €878 to €467
- Financial charges -€144
down €144 (-13.8%), from €1,045 to €901
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 | €27,628 | €23,569 | -€4,059 | -14.7% |
| Fixed assets | 21/28 | €22,898 | €20,049 | -€2,850 | -12.4% |
| Tangible fixed assets | 22/27 | €22,898 | €20,049 | -€2,850 | -12.4% |
| Land and buildings | 22 | €19,896 | €18,771 | -€1,125 | -5.7% |
| Plant, machinery and equipment | 23 | €1,138 | €487 | -€651 | -57.2% |
| Furniture and vehicles | 24 | €1,864 | €791 | -€1,073 | -57.6% |
| Current assets | 29/58 | €4,730 | €3,521 | -€1,209 | -25.6% |
| Amounts receivable within one year | 40/41 | €147 | €94 | -€53 | -35.9% |
| Other amounts receivable | 41 | €147 | €94 | -€53 | -35.9% |
| Cash at bank and in hand | 54/58 | €4,583 | €3,426 | -€1,156 | -25.2% |
| Total equity and liabilities | 10/49 | €27,628 | €23,569 | -€4,059 | -14.7% |
| Equity | 10/15 | €8,851 | €3,608 | -€5,243 | -59.2% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €7,037 | €7,037 | = | 0.0% |
| Distributable reserves | 133 | €7,037 | €7,037 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,486 | -€9,729 | -€5,243 | -116.9% |
| Amounts payable | 17/49 | €18,777 | €19,961 | +€1,184 | +6.3% |
| Amounts payable after more than one year | 17 | €14,450 | €12,573 | -€1,876 | -13.0% |
| Financial debts | 170/4 | €14,450 | €12,573 | -€1,876 | -13.0% |
| Amounts payable within one year | 42/48 | €4,327 | €7,387 | +€3,060 | +70.7% |
| Current portion of amounts payable after more than one year | 42 | €2,990 | €1,876 | -€1,114 | -37.3% |
| Trade debts | 44 | €223 | €77 | -€147 | -65.6% |
| Suppliers | 440/4 | €223 | €77 | -€147 | -65.6% |
| Other amounts payable | 47/48 | €1,113 | €5,434 | +€4,321 | +388.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,849 | €2,850 | +€0 | 0.0% |
| Other operating charges | 640/8 | €878 | €467 | -€411 | -46.8% |
| Gross operating margin | 9900 | €5,290 | -€1,026 | -€6,316 | |
| Operating profit (loss) | 9901 | €1,563 | -€4,342 | -€5,905 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €1,045 | €901 | -€144 | -13.8% |
| Recurring financial charges | 65 | €1,045 | €901 | -€144 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €518 | -€5,243 | -€5,760 | |
| Profit (loss) for the period | 9904 | €518 | -€5,243 | -€5,760 | |
| Profit (loss) for the period to be appropriated | 9905 | €518 | -€5,243 | -€5,760 |
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 4 October 2026 via checked.be.