LJN CONSTRUCT: 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.
LJN CONSTRUCT
Largest movements
- Deferred charges and accrued income +€7,700
up €7,700 (+257%), from €3,000 to €10,700
- Receivables within one year -€4,875
down €4,875 (-22.3%), from €21,843 to €16,968
of which Trade receivables: -€5,587
- Cash -€2,995
down €2,995 (-82.4%), from €3,634 to €639
mainly Trade debts (-€10,490) and Deferred charges and accrued income (-€7,700)
- Tangible fixed assets -€1,181
down €1,181 (-20.8%), from €5,674 to €4,493
- Profit (loss) carried forward +€12,819
up €12,819 (+158%), from €8,134 to €20,953
- Trade debts -€10,490
down €10,490 (-75.0%), from €13,986 to €3,496
- Tax, wage and social debts -€4,362
down €4,362 (-53.7%), from €8,123 to €3,761
of which Taxes: -€3,882
- Accrued charges and deferred income +€1,449
up €1,449 (+88.3%), from €1,641 to €3,090
- Other debts -€767
no longer reported in 2025 (was €767)
- Gross operating margin +€21,585
up €21,585 (+972%), from €2,222 to €23,807
- Taxes +€3,389
up €3,389 (+1,825%), from €186 to €3,575
- Financial charges +€3,249
up €3,249 (+714%), from €455 to €3,704
- Depreciation +€1,631
up €1,631 (+156%), from €1,049 to €2,680
- Other operating charges +€276
up €276 (+33.3%), from €830 to €1,106
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 | €34,150 | €32,800 | -€1,351 | -4.0% |
| Fixed assets | 21/28 | €5,674 | €4,493 | -€1,181 | -20.8% |
| Tangible fixed assets | 22/27 | €5,674 | €4,493 | -€1,181 | -20.8% |
| Plant, machinery and equipment | 23 | €5,674 | €4,493 | -€1,181 | -20.8% |
| Current assets | 29/58 | €28,476 | €28,307 | -€170 | -0.6% |
| Amounts receivable within one year | 40/41 | €21,843 | €16,968 | -€4,875 | -22.3% |
| Trade receivables | 40 | €20,692 | €15,105 | -€5,587 | -27.0% |
| Other amounts receivable | 41 | €1,151 | €1,863 | +€712 | +61.9% |
| Cash at bank and in hand | 54/58 | €3,634 | €639 | -€2,995 | -82.4% |
| Deferred charges and accrued income | 490/1 | €3,000 | €10,700 | +€7,700 | +257% |
| Total equity and liabilities | 10/49 | €34,150 | €32,800 | -€1,351 | -4.0% |
| Equity | 10/15 | €9,634 | €22,453 | +€12,819 | +133% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,134 | €20,953 | +€12,819 | +158% |
| Amounts payable | 17/49 | €24,516 | €10,347 | -€14,170 | -57.8% |
| Amounts payable within one year | 42/48 | €22,876 | €7,257 | -€15,619 | -68.3% |
| Trade debts | 44 | €13,986 | €3,496 | -€10,490 | -75.0% |
| Suppliers | 440/4 | €13,986 | €3,496 | -€10,490 | -75.0% |
| Taxes, remuneration and social security | 45 | €8,123 | €3,761 | -€4,362 | -53.7% |
| Taxes | 450/3 | €7,643 | €3,761 | -€3,882 | -50.8% |
| Remuneration and social security | 454/9 | €480 | - | -€480 | |
| Other amounts payable | 47/48 | €767 | - | -€767 | |
| Accrued charges and deferred income | 492/3 | €1,641 | €3,090 | +€1,449 | +88.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,049 | €2,680 | +€1,631 | +156% |
| Other operating charges | 640/8 | €830 | €1,106 | +€276 | +33.3% |
| Gross operating margin | 9900 | €2,222 | €23,807 | +€21,585 | +972% |
| Operating profit (loss) | 9901 | €343 | €20,020 | +€19,677 | +5,736% |
| Financial income | 75/76B | €0 | €78 | +€78 | +70,564% |
| Recurring financial income | 75 | €0 | €78 | +€78 | +70,564% |
| Financial charges | 65/66B | €455 | €3,704 | +€3,249 | +714% |
| Recurring financial charges | 65 | €455 | €3,704 | +€3,249 | +714% |
| Profit (loss) for the period before taxes | 9903 | -€112 | €16,394 | +€16,506 | |
| Income taxes | 67/77 | €186 | €3,575 | +€3,389 | +1,825% |
| Profit (loss) for the period | 9904 | -€298 | €12,819 | +€13,117 | |
| Profit (loss) for the period to be appropriated | 9905 | -€298 | €12,819 | +€13,117 |
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 31 October 2026 via checked.be.