LJMC: 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.
LJMC
Largest movements
- Cash +€33,476
up €33,476 (+1,495%), from €2,238 to €35,714
mainly Net result for the year (+€68,927) and Depreciation (+€16,627)
- Tangible fixed assets -€14,896
down €14,896 (-30.7%), from €48,505 to €33,609
- Receivables within one year +€8,927
up €8,927 (+82.0%), from €10,890 to €19,817
- Deferred charges and accrued income +€2,334
new in 2025: €2,334
- Profit (loss) carried forward +€68,927
up €68,927 (+2,816%), from €2,447 to €71,374
- Trade debts -€46,984
down €46,984 (-93.0%), from €50,505 to €3,521
- Tax, wage and social debts +€9,069
up €9,069 (+424%), from €2,139 to €11,207
- Other debts -€1,521
down €1,521 (-98.6%), from €1,542 to €22
- Gross operating margin +€107,103
up €107,103 (+2,899%), from €3,694 to €110,797
- Taxes +€19,067
up €19,067 (+2,218%), from €860 to €19,926
- Depreciation +€16,627
new in 2025: €16,627
- Other operating charges +€4,798
up €4,798 (+1,239%), from €387 to €5,186
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 | €61,633 | €91,474 | +€29,841 | +48.4% |
| Fixed assets | 21/28 | €48,505 | €33,609 | -€14,896 | -30.7% |
| Tangible fixed assets | 22/27 | €48,505 | €33,609 | -€14,896 | -30.7% |
| Furniture and vehicles | 24 | €48,505 | €33,609 | -€14,896 | -30.7% |
| Current assets | 29/58 | €13,128 | €57,866 | +€44,737 | +341% |
| Amounts receivable within one year | 40/41 | €10,890 | €19,817 | +€8,927 | +82.0% |
| Trade receivables | 40 | €10,890 | €19,817 | +€8,927 | +82.0% |
| Cash at bank and in hand | 54/58 | €2,238 | €35,714 | +€33,476 | +1,495% |
| Deferred charges and accrued income | 490/1 | - | €2,334 | +€2,334 | |
| Total equity and liabilities | 10/49 | €61,633 | €91,474 | +€29,841 | +48.4% |
| Equity | 10/15 | €7,447 | €76,374 | +€68,927 | +926% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,447 | €71,374 | +€68,927 | +2,816% |
| Amounts payable | 17/49 | €54,186 | €15,100 | -€39,086 | -72.1% |
| Amounts payable within one year | 42/48 | €54,186 | €14,750 | -€39,436 | -72.8% |
| Trade debts | 44 | €50,505 | €3,521 | -€46,984 | -93.0% |
| Suppliers | 440/4 | €50,505 | €3,521 | -€46,984 | -93.0% |
| Taxes, remuneration and social security | 45 | €2,139 | €11,207 | +€9,069 | +424% |
| Taxes | 450/3 | €2,139 | €11,207 | +€9,069 | +424% |
| Other amounts payable | 47/48 | €1,542 | €22 | -€1,521 | -98.6% |
| Accrued charges and deferred income | 492/3 | - | €350 | +€350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €16,627 | +€16,627 | |
| Other operating charges | 640/8 | €387 | €5,186 | +€4,798 | +1,239% |
| Gross operating margin | 9900 | €3,694 | €110,797 | +€107,103 | +2,899% |
| Operating profit (loss) | 9901 | €3,307 | €88,985 | +€85,678 | +2,591% |
| Financial charges | 65/66B | - | €131 | +€131 | |
| Recurring financial charges | 65 | - | €131 | +€131 | |
| Profit (loss) for the period before taxes | 9903 | €3,307 | €88,853 | +€85,546 | +2,587% |
| Income taxes | 67/77 | €860 | €19,926 | +€19,067 | +2,218% |
| Profit (loss) for the period | 9904 | €2,447 | €68,927 | +€66,480 | +2,716% |
| Profit (loss) for the period to be appropriated | 9905 | €2,447 | €68,927 | +€66,480 | +2,716% |
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 20 October 2026 via checked.be.