LJMAX: 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.
LJMAX
Largest movements
- Tangible fixed assets -€10,558
down €10,558 (-3.0%), from €350,616 to €340,058
- Receivables within one year -€7,522
down €7,522 (-9.9%), from €76,275 to €68,753
of which Trade receivables: -€10,418
- Debts after one year -€16,058
down €16,058 (-4.6%), from €346,092 to €330,034
- Profit (loss) carried forward +€5,491
up €5,491 (+22.8%), from €24,067 to €29,558
- Tax, wage and social debts -€5,390
down €5,390 (-17.8%), from €30,226 to €24,836
- Gross operating margin +€8,044
up €8,044 (+23.9%), from €33,621 to €41,665
- Taxes +€1,340
up €1,340 (+43.3%), from €3,098 to €4,438
- Financial charges -€800
down €800 (-5.1%), from €15,780 to €14,980
- Other operating charges +€612
up €612 (+14.1%), from €4,343 to €4,955
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 | €429,523 | €413,298 | -€16,225 | -3.8% |
| Fixed assets | 21/28 | €350,616 | €340,058 | -€10,558 | -3.0% |
| Tangible fixed assets | 22/27 | €350,616 | €340,058 | -€10,558 | -3.0% |
| Land and buildings | 22 | €350,616 | €340,058 | -€10,558 | -3.0% |
| Current assets | 29/58 | €78,907 | €73,240 | -€5,667 | -7.2% |
| Amounts receivable within one year | 40/41 | €76,275 | €68,753 | -€7,522 | -9.9% |
| Trade receivables | 40 | €10,587 | €169 | -€10,418 | -98.4% |
| Other amounts receivable | 41 | €65,688 | €68,584 | +€2,896 | +4.4% |
| Cash at bank and in hand | 54/58 | €2,632 | €4,487 | +€1,855 | +70.5% |
| Total equity and liabilities | 10/49 | €429,523 | €413,298 | -€16,225 | -3.8% |
| Equity | 10/15 | €32,127 | €37,618 | +€5,491 | +17.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,067 | €29,558 | +€5,491 | +22.8% |
| Amounts payable | 17/49 | €397,396 | €375,680 | -€21,716 | -5.5% |
| Amounts payable after more than one year | 17 | €346,092 | €330,034 | -€16,058 | -4.6% |
| Financial debts | 170/4 | €346,092 | €330,034 | -€16,058 | -4.6% |
| Amounts payable within one year | 42/48 | €48,951 | €43,489 | -€5,462 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €15,459 | €16,058 | +€599 | +3.9% |
| Trade debts | 44 | €3,266 | €2,595 | -€671 | -20.5% |
| Suppliers | 440/4 | €3,266 | €2,595 | -€671 | -20.5% |
| Taxes, remuneration and social security | 45 | €30,226 | €24,836 | -€5,390 | -17.8% |
| Taxes | 450/3 | €30,226 | €24,836 | -€5,390 | -17.8% |
| Accrued charges and deferred income | 492/3 | €2,353 | €2,157 | -€196 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,615 | €11,810 | +€195 | +1.7% |
| Other operating charges | 640/8 | €4,343 | €4,955 | +€612 | +14.1% |
| Gross operating margin | 9900 | €33,621 | €41,665 | +€8,044 | +23.9% |
| Operating profit (loss) | 9901 | €17,663 | €24,900 | +€7,237 | +41.0% |
| Financial income | 75/76B | €26 | €9 | -€17 | -65.4% |
| Recurring financial income | 75 | €26 | €9 | -€17 | -65.4% |
| Financial charges | 65/66B | €15,780 | €14,980 | -€800 | -5.1% |
| Recurring financial charges | 65 | €15,780 | €14,980 | -€800 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €1,909 | €9,929 | +€8,020 | +420.1% |
| Income taxes | 67/77 | €3,098 | €4,438 | +€1,340 | +43.3% |
| Profit (loss) for the period | 9904 | -€1,189 | €5,491 | +€6,680 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,189 | €5,491 | +€6,680 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.