LJMS: 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.
LJMS
Largest movements
- Cash -€12,500
down €12,500 (-4.3%), from €287,865 to €275,366
mainly Contributions, distributions and other (-€244,706) and Tax, wage and social debts (-€32,193)
- Other debts +€236,310
up €236,310 (+59644.0%), from €396 to €236,706
- Profit (loss) carried forward -€219,740
down €219,740 (-90.6%), from €242,627 to €22,887
- Tax, wage and social debts -€32,193
down €32,193 (-61.3%), from €52,481 to €20,287
- Financial charges -€1,253
down €1,253 (-28.8%), from €4,352 to €3,099
- Taxes +€653
up €653 (+8.9%), from €7,292 to €7,944
- Staff costs +€552
up €552 (+31.4%), from €1,760 to €2,312
- Other operating charges +€518
up €518 (+84.5%), from €613 to €1,131
- Gross operating margin -€497
down €497 (-1.2%), from €42,331 to €41,833
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 | €298,350 | €282,176 | -€16,174 | -5.4% |
| Fixed assets | 21/28 | €8,656 | €6,062 | -€2,594 | -30.0% |
| Tangible fixed assets | 22/27 | €8,656 | €6,062 | -€2,594 | -30.0% |
| Furniture and vehicles | 24 | €5,164 | €2,993 | -€2,170 | -42.0% |
| Other tangible fixed assets | 26 | €3,492 | €3,068 | -€424 | -12.1% |
| Current assets | 29/58 | €289,695 | €276,115 | -€13,580 | -4.7% |
| Amounts receivable within one year | 40/41 | €1,106 | €0 | -€1,106 | -100.0% |
| Trade receivables | 40 | €1,106 | - | -€1,106 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €287,865 | €275,366 | -€12,500 | -4.3% |
| Deferred charges and accrued income | 490/1 | €724 | €749 | +€25 | +3.5% |
| Total equity and liabilities | 10/49 | €298,350 | €282,176 | -€16,174 | -5.4% |
| Equity | 10/15 | €244,127 | €24,387 | -€219,740 | -90.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €242,627 | €22,887 | -€219,740 | -90.6% |
| Amounts payable | 17/49 | €54,224 | €257,790 | +€203,566 | +375.4% |
| Amounts payable within one year | 42/48 | €54,224 | €257,790 | +€203,566 | +375.4% |
| Trade debts | 44 | €1,347 | €796 | -€550 | -40.9% |
| Suppliers | 440/4 | €1,347 | €796 | -€550 | -40.9% |
| Taxes, remuneration and social security | 45 | €52,481 | €20,287 | -€32,193 | -61.3% |
| Taxes | 450/3 | €52,481 | €20,287 | -€32,193 | -61.3% |
| Other amounts payable | 47/48 | €396 | €236,706 | +€236,310 | +59644.0% |
| Remuneration, social security and pensions | 62 | €1,760 | €2,312 | +€552 | +31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,454 | €2,594 | +€140 | +5.7% |
| Other operating charges | 640/8 | €613 | €1,131 | +€518 | +84.5% |
| Non-recurring operating charges | 66A | €296 | - | -€296 | |
| Gross operating margin | 9900 | €42,331 | €41,833 | -€497 | -1.2% |
| Operating profit (loss) | 9901 | €37,208 | €35,796 | -€1,412 | -3.8% |
| Financial income | 75/76B | - | €212 | +€212 | |
| Recurring financial income | 75 | - | €212 | +€212 | |
| Financial charges | 65/66B | €4,352 | €3,099 | -€1,253 | -28.8% |
| Recurring financial charges | 65 | €4,352 | €3,099 | -€1,253 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | €32,856 | €32,910 | +€53 | +0.2% |
| Income taxes | 67/77 | €7,292 | €7,944 | +€653 | +8.9% |
| Profit (loss) for the period | 9904 | €25,565 | €24,966 | -€599 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,565 | €24,966 | -€599 | -2.3% |
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 7 October 2026 via checked.be.